Consumer Loans
Real Estate Loans
Share Rates
Certificate and IRA Rates
Your Personalized
Lending Program
Rates are posted for your convenience
when making a financial decision.
We do our best to keep them
up to date, but rates are subject to change without notice.
When in
doubt, please contact the credit union.
Rates as of 06/01/2009.
| |
Consumer Loans |
|
|
| Product |
Term in Months |
Our Best Rate |
Payment per $1,000 |
|
|
Personal Loans* |
up to 72 |
8.99% |
based on term |
|
|
Open End Credit Line* |
none |
12.99% |
- |
|
|
Overdraft Protection |
none |
17.25% |
- |
|
|
New Vehicles* (a) |
36 |
5.25% |
$30.08 |
|
|
48 |
5.50% |
$23.26 |
|
|
60 |
5.75% |
$19.22 |
|
|
72 |
5.99% |
$16.57 |
|
|
|
Used Vehicles* |
|
|
|
|
2004 - 2007 |
up to
60 |
5.99% |
based on term |
|
2002 & 2003 |
up to 48 |
6.99% |
based on term |
|
Vacation Loan* |
12 |
7.49% |
$86.75 |
|
|
Share Secured Loan |
varies |
2.00% above security |
based on term |
|
|
|
|
|
|
* Rates include automatic repayment methods such
as Payroll Deduction or Automatic Payment; otherwise add .50% to
interest rate listed.
(a) Longer terms are available for
Recreational Vehicle and Boat Loans.
100% financing is available on new automobiles;
100% of the purchase price or book value, whichever is less, for
Used Automobiles; and 80% for Motorcycles, Recreational Vehicles
and Boats.
New members are eligible for an extra 0.50% rate
reduction on their first Consumer Loan if application is
received within the first 60 days of membership. Cannot be
combined with any other promotion or discount. |
|
| |
Real Estate Loans |
|
| Product |
Term in Months |
Our Best Rate |
Payment per $1,000 |
|
Home Equity Line of Credit ** |
10
year draw/
10
year payback |
2.25% |
- |
|
Fixed Rate Home Equity Loan |
60 |
5.50% |
$19.10 |
|
120 |
6.00% |
$11.10 |
|
180 |
6.25% |
$8.57 |
|
240 |
6.50% |
$7.46 |
|
First Mortgages |
Call Marc Sinibaldi, AVP Real
Estate Lending, for current rates @ ext. 246. |
** Variable rate based on the Wall Street
Journal's Prime Rate Index. As of June 1, 2009, the Prime
Rate is 3.25%.
All Home Equity Loans and Lines of Credit have a
maximum amount of $125,000 and an 80% Loan-to-Value.
Your personalized lending rate will
be based upon your personal credit history.
Your rate may be higher. Rates and terms subject to change.
This applies to ALL University Credit
Union loans.
Contact University Credit Union at
617-739-7447 for more information.
Go to Top
Share Rates
|
Share Type |
Interest
Rate |
APY* |
Account
Minimum
to Receive Interest |
Dividend
Period |
|
|
Main Share Account |
0.25 |
0.25 |
$100.00 |
Monthly |
|
Club Accounts |
0.25 |
0.25 |
- |
Quarterly |
|
Kids Club Account |
0.25 |
0.25 |
$5 |
Monthly |
|
Money Market Draft Account |
1.00 |
1.00 |
$1,000 |
Monthly |
|
Money Market Draft Account |
1.24 |
1.25 |
$5,000 |
Monthly |
|
Money Market Draft Account |
1.49 |
1.50 |
$25,000 |
Monthly |
|
Elite Checking Account |
0.25 |
0.25 |
$10,000** |
Monthly |
|
*APY = Annual Percentage Yield
**Combined balance between NOW, Share,
and Money Market accounts.
Fees may reduce earnings. |
|
|
Money Market Share Certificate
($500 minimum)* |
|
IRA Share Certificate
($500 minimum)* |
|
Term |
Minimum
Deposit |
Interest Rate |
Annual Percentage
Yield |
Dividend
Period |
|
|
3 Months |
$500 |
0.99 |
1.00 |
Quarterly |
|
6 Months |
$500 |
1.24 |
1.25 |
Quarterly |
|
12 Months |
$500 |
1.49 |
1.50 |
Quarterly |
|
24 Months |
$500 |
1.99 |
2.00 |
Quarterly |
|
36 Months |
$500 |
2.23 |
2.25 |
Quarterly |
|
60 Months |
$500 |
2.97 |
3.00 |
Quarterly |
|
Varsity Member Certificate
**
|
|
3 Months |
$500 |
1.14 |
1.15 |
Quarterly |
|
6 Months |
$500 |
1.39 |
1.40 |
Quarterly |
|
12 Months |
$500 |
1.64 |
1.65 |
Quarterly |
|
24 Months |
$500 |
2.13 |
2.15 |
Quarterly |
|
36 Months |
$500 |
2.38 |
2.40 |
Quarterly |
|
60 Months |
$500 |
3.11 |
3.15 |
Quarterly |
|
Jumbo Rate Certificate
|
|
3 Months |
$99,000 |
1.24 |
1.25 |
Quarterly |
|
6 Months |
$99,000 |
1.49 |
1.50 |
Quarterly |
|
12 Months |
$99,000 |
1.74 |
1.75 |
Quarterly |
|
24 Months |
$99,000 |
2.23 |
2.25 |
Quarterly |
|
36 Months |
$99,000 |
2.48 |
2.50 |
Quarterly |
|
60 Months |
$99,000 |
3.21 |
3.25 |
Quarterly |
|
IRA SuperSaver |
$500 |
1.00 |
1.00 |
Quarterly |
|
*
Subject to penalty for early withdrawal. IRAs
also available (Including ROTH).
**
Members with a combined balance of $10,000 in Share,
Checking, or Money Market Accounts.
|
|
Go to Top |
|
