Rates

Auto

November 28,2022

New Auto

In Months APR (as low as) * Cost Per Thousand
4 Year term 48 Months  4.49% $22.80
5 Year term 60 Months 4.74 % $18.75
6 Year term 72 Months 4.99% $16.10
7 Year term 84 Months 5.24% $14.25

Used Auto

In Months APR (as low as) * Cost Per Thousand **
4 Year term 48 Months 4.49 % $22.80
5 Year term 60 Months 4.99 % $18.87
6 Year term 72 Months 5.24 % $16.22
7 Year term 84 Months 5.49 % $14.37

 

 


*APR = Annual Percentage Rate.  Annual Percentage Rate, term, and approved loan amount may vary based on your credit worthiness and is determined once application is approved. **Payment examples based on the maximum term for each product and reflect an excellent credit score. Automatic payment is required to obtain lowest rate. Payments listed do not reflect, GAP, life and disability insurance. Rates and APRs effective November 28,2022 and are subject to change without notice. Please ask a loan representative for additional details regarding how your rate is determined.

Must be a member of First Priority Credit Union or open and maintain a Share Account with a minimum of $5.00 for approval of any loan. Automobile loans must be titled in Massachusetts and New Hampshire. Other states may be permitted at the discretion of lending management. Financing is based on NADA value for used auto and MSRP for new auto.  Minimum loan amount is $10,000. Other restrictions may apply.

 

Personal

November 28,2022

Unsecured Personal Loan

In Months APR (as low as) * Cost Per Thousand **
1 Year term 12 Months 8.99 % $87.46
2 Year term 24 Months 11.99 % $47.08
3 Year term 36 Months 12.99 % $33.70
4 Year term 48 Months 13.99 % $27.30

 


*APR = Annual Percentage Rate.  Annual Percentage Rate, term, and approved loan amount may vary based on your credit worthiness and is determined once application is approved. **Payment examples based on the maximum term for each product and reflect an excellent credit score. Automatic payment is required to obtain lowest rate. Payments listed do not reflect, life and disability insurance. Rates and APRs effective November 28,2022 and are subject to change without notice. Please ask a loan representative for additional details regarding how your rate is determined. Must be a member of First Priority Credit Union or open and maintain a Share Account with a minimum of $5.00 for approval of any loan.

Overdraft Protection Line of Credit

APR (as low as) * 12.99 %

 

 


*APR = Annual Percentage Rate.  Annual Percentage Rate, term, and approved loan amount may vary based on your credit worthiness and is determined once application is approved. Rates and APRs effective November 28,2022 and are subject to change without notice. Please ask a loan representative for additional details regarding how your rate is determined. Must be a member of First Priority Credit Union or open and maintain a Share Account with a minimum of $5.00 for approval of any loan.

 

 

Home Loan

November 3,2022

Annual Percentage Rate Term Estimated Cost Per $1000 Maximum Amount
Home Equity Loan 5.875% (fixed) 180 months $8.37 $250,000

 

Annual Percentage Rate Term
Home Equity Line of Credit 7.00% (Prime +0%) 20 Years

 

 


Must be a member of First Priority Credit Union or open and maintain a Share Account with a minimum of $5.00 for approval of any loan.

Closing costs are waived, however, if borrower terminates the agreement or a discharge is issued within 36 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. Other restrictions may apply.

Home Equity Loan:
Minimum Loan amount of $25,000 applies to this loan. Property Insurance or additional coverage may be required.

Home Equity Line: Maximum APR is 16.0%. Rate is variable and based on prime (as published in the Wall Street Journal) + 0%. Prime rate as of November 28,2022, is 7.00%. 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 7.00% APR. During that period, you would make 120 monthly payments of $50.00 (Minimum payment amount) followed by 120 monthly payments of $116.11. Property Insurance or additional coverage may be required.

 

Savings & Checking

November 28,2022

Dividend Rate Annual Percentage Yield (APY) Minimum Opening Deposit Minimum Balance to Earn Dividend
Primary Share Account 0.05% 0.05% $5.00 $5.00
Priority Checking Account* 2.50% 2.50% $0 none required
Money Market .20% .20% $2500 none required
.25% .25% $2500 $2500.00
.30% .30% $2500 $25,000.
Secondary Share 0.05% 0.05% $0 none required
IRA Accumulator .05% .05% $0 none required

*APY = Annual Percentage Yield. Rates may change without notice after the account is open. Fees could reduce earnings on accounts.

Share Account: A Share Account with a $5.00 minimum balance must be opened and maintained before opening any other FPCU Account.

Priority Checking Account: As of November 28,2022 Priority Checking Account earns an Annual Percentage Yield of 2.50% on balances up to $10,000, when he following conditions must be met each month: (1) Direct deposits totaling $500 or more (2) 12 Debit transactions (3) EITHER a Bill Payment OR an online banking transfer. Accounts that do not meet these requirements on a specific month and balances over $10,000 will not earn interest.  There is no minimum balance requirement to earn this rate. Rates are subject to change after the account is opened.  Fees could reduce earnings. 

 

Certificates & IRAs

November 28,2022

Share/IRA Certificates Dividend Rate Annual Percentage Yield  Minimum Balance
(to Open & Earn Dividend)
Term in Months
3 months .15% .15% $1000 3
6 months .25% .25% $1000 6
9 months .25% .25% $1000 9
1 year 2.47% 2.50% $1000 12
15 months .40% .40% $1000 15
18 months  2.47% 2.50% $1000 18
2 year 2.71% 2.75% $1000 24
2.5 year *SPECIAL*  2.96%  3.00% $1000 30
3 year 1.50% 1.50% $1000 36
4 year 1.50% 1.50% $1000 48
5 year 1.50% 1.50% $1000 60

*APY = Annual Percentage Yield.  Early withdrawal penalties may apply. Any changes to certificates must be made on or within 10 days of the maturity date. Fees could reduce earnings on the account.

*SPECIAL* Rate effective as of November 28, 2022 for new money only. Rates are subject to change without notice.  Minimum deposit to open Share Certificate and earn advertised APY is $1000.  Penalty for early withdrawal will apply and may reduce earnings. Must have or open a Share Account with FPCU and maintain a minimum balance of $5.00.

Must be a member of First Priority Credit Union or open and maintain a Share Account with a minimum of $5.00 to open a Share/IRA Certificate.