|Loans||APR*||Term||Est. Cost per $1000|
|Auto Loans (2015-2016)||1.99%- 3.24%||Up to 72 months||$15.19-$15.53|
|Auto Loans (2011-2015)||1.99% – 3.74%||Up to 60 months||$18.19-$18.53|
|Personal Loans||14.00% – 17.00%||Up to 3 years||$34.18-$35.65|
|Holiday & Vacation||7.50%||Up to 1 year||$86.76|
|Overdraft Protection||14.00% – 17.00%||Line of Credit|
|Share Secured Loan||
|Up to 3 years||$29.15|
|Certificate Secured Loan||Certificate Rate + 3.00%||Up to term
|ANNUAL PERCENTAGE RATE||Term|
|Home Equity Line of Credit||4.25% APR (Variable based on Prime + 0%)
Minimum Rate: 4.25%
|Home Equity Loan||
5.49% APR (Fixed Rate)
*APR = Annual Percentage Rate. The actual rate may vary, is based on certain credit-worthiness criteria, and is determined once application is approved. Automatic payment is required to obtain lowest rate. Must be a member of First Priority Credit Union to apply.
Home Equity Loans and Lines of Credit:
Closing costs are waived; however if borrower terminates the agreement or a discharge is issued within 12 months from the date of agreement then the borrower will be responsible for the full amount of waived costs of between $275.00. – $1100.Approval for all home equity products is subject to appraisal. Rates are subject to change without notice. Property Insurance or additional coverage may be required.
Home Equity Loan: Minimum APR is 5.49%. Maximum APR 16.0%.
Payment Example: The monthly payment due per $1000 borrowed on a Fixed Rate Home Equity Loan for a term of 15 years would be $8.17 at a rate of 5.49%. Minimum of $25,000 and maximum of $250,000 applies to this loan.
Home Equity Line: Maximum APR is 16.0%. Minimum APR is 4.25%.Rate is variable and based on prime (as published in the Wall Street Journal) + 0%. Prime rate as of July 1, 2017 is 4.25 %.Payment Example: If you made only the minimum monthly payments and took no other credit advances, it would take 20 years to pay off an advance of $10,000 at 4.25% APR. During that period, you would make 120 monthly payments of $50.00 (Minimum payment amount) followed by 120 monthly payments of $98.89.
July 1, 2017
|Money Market Account $0 – $24,999.99||0.15||n/a|
|Money Market Account $25,000.00 or More||0.30||n/a|
*APY = Annual Percentage Yield. Rates may change after the account is open and are subject to change without notice. Fees could reduce earnings on accounts.Share Account has a minimum opening and minimum balance requirement of $25.00 and must be maintained to open any other account..
Holiday, All-Purpose and Vacation Accounts: Early withdrawal fee of $15.00 for withdrawals before the disbursement date.
Money Market Accounts: Minimum opening balance is $2500 and a balance of $200 must be maintained at all times.
Certificates & IRAs
July 1, 2017
*APY = Annual Percentage Yield. Rates and terms are subject to change without notice. There is a $1000 minimum deposit to open a certificate. Early withdrawal penalties may apply.