|
|
 |
| Loan Rates |
| Loan Type |
Amount Financed |
Term*** |
Credit Score* |
APR** |
|
New Vehicle Loans*
2006 - 2010 Models
Over $15,000 Financed
|
90%-100% |
72 Months |
A
B
C
D
E
|
4.50%
5.50%
7.75%
9.75%
11.75% |
New Vehicle Loans*
2006 - 2010 Models |
90%-100% |
36 to 60 Months |
A |
3.50% |
| B |
4.50% |
| C |
6.50% |
| D |
8.50% |
| E |
10.50% |
Used Vehicle Loans*
2003 - 2005 Models |
90%-100% |
up to 60 Months |
A |
5.75% |
| B |
6.75% |
| C |
7.75% |
| D |
9.75% |
| E |
11.75% |
| Used Vehicle Loans*Older Models: 2002 & Older |
90%-100% |
up to 60 Months |
A |
6.99% |
| B |
7.99% |
| C |
9.99% |
| D |
11.99% |
| E |
13.99% |
| New Boat Loan |
|
60 Months |
|
7.50% |
| Used Boat Loan |
|
60 Months |
|
13.00% |
New Motor Home/RV
Over $25,000 Financed |
|
144 Months |
|
8.00% |
| Used Motor Home/RV |
|
60 Months |
|
8.00% |
| Share Secured Loans |
|
up to 36 Months |
|
3.50% |
| Share Secured Loans |
|
37 to 60 Months |
|
4.00% |
| Signature Loans* |
|
up to 60 Months |
A |
9.00% |
| B |
10.00% |
| C |
13.00% |
| D |
15.00% |
| E |
18.00% |
| Platinum VISA |
|
|
|
9.99% |
|
*Interest Rate is based on Credit Score and is subject to change at any time. The Fair Isaac Score from the credit report is used to determine the A, B, C, D, and E tiers. A=700+, B=650-699, C=600-649, D=550-599, and E=549-300.
**APR=Annual Percentage Rate.
***Terms are all approximated.
Example loan payment: Loan amount $1,000.00 for 12 months at 8.00% the loan payment would be $86.96 monthly. Call for loan payments or use the loan calculator.
Rates effective July 26, 2010.
Real Estate Loans
|
| Loan Type |
Amount Financed |
Term*** |
|
APR** |
| First Mortgage |
80% |
120 Months |
|
6.250% |
| 180 Months |
5.000% |
| 240 Months |
6.750% |
| Home Equity Line of Credit |
up to 80% |
up to 240 Months |
|
4.000% |
| Home Equity - Fixed Rate |
up to 80% |
60 Months |
|
4.750%* |
| 120 Months |
5.250%* |
|
**APR=Annual Percentage Rate
Home Equity Line of Credit annual percentage rate may vary, the maximum APR is 18.00%. Rates are subject to change without notice. Use the Mortgage Calculator to determine payments based on loan amount, term and rate.
* Applies only to borrowers who have a 1st Mortgage secured by a Deed of Trust to Al-Gar Federal Credit Union. The credit union will pay the first $250.00 of closing costs. Will finance 80% of appraised value less first mortgage balance, maximum loan amount $50,000.00.
Real Estate loans only available in Allegany Co. and Garrett Co., Maryland. Mineral Co., Hardy Co., Hampshire Co., Grant Co., and Pendleton Co., West Virginia. Bedford Co., and Somerset Co., Pennsylvania.
Rates effective April 22, 2010.
Savings and Certificate Rates
|
| Account Type |
Minimum Balance |
Term |
Dividend Rate |
APY** |
|
Share Account 01
Share Account 08 & 09
|
$5.00
|
|
0.50% |
0.50% |
|
|
0.25% |
0.25% |
| |
|
|
| Share Draft Checking |
$5.00 |
0.00% |
0.00% |
| Money Market Draft |
$2,500.00
$10,000.00
$40,000.00
$100,000.00
|
0.50%
0.50%
1.00%
1.00% |
0.50%
0.50%
1.00%
1.00% |
|
IRA
IRA 36 Month Certificate
|
$10.00
$500.00 |
2.25%
2.00% |
2.27%
2.02% |
| Share Certificate |
$500.00 |
6 Months |
0.75% |
0.75% |
| 12 Months |
1.00% |
1.00% |
| 18 Months |
1.25% |
1.26% |
| 24 Months |
1.75%
|
1.76% |
| 36 Months |
2.00% |
2.02% |
| **APY=Annual Percentage Yield. Annual Percentage Yield as of July 1, 2010. Rates are subject to change without notice. Penalty for early withdrawal on term certificates. Share accounts are variable and subject to change after the account is opened. Your savings are federally insured up to $100,000 by the National Credit Union Administration, a US Government Agency. Your IRA share accounts are insured up to $250,000 by the National Credit Union Administration, a US Government Agency. |
|
