Rates
CURRENT SAVINGS AND LENDING RATES
Rates effective February 22, 2012
SAVINGS RATES
Regular Savings (Shares) .60% APY minimum deposit
$5.00
Kid’s Savings .60% APY minimum deposit $5.00
Holiday Savings .60% APY minimum deposit $5.00
Checking .50% APY on balances over $1,000
CERTIFICATE RATES
6 Month .85% APY minimum deposit $500.00
12 Month 1.10% APY minimum deposit $500.00
24 Month 1.40% APY minimum deposit $500.00
36 Month 1.70% APY minimum deposit $500.00
VISA PLATINUM CREDIT CARD
6 month Introductory Rate (purchases and balance
transfers).......................6.49% APR
After the 6 month Introductory Rate (purchases
and balance transfers)........9.49% APR
Cash Advance/Convenience Checks Rate....................................................11.49%
APR
LOAN RATES
At Lyell Federal Credit Union, the Annual Percentage
Rate (APR) is subject to credit evaluation and the
member’s ability to pay. All rates subject to change
without notice unless otherwise noted.
Apply online for a loan.
Vehicles and Motorcycles
Qualified Hybrid vehicles will be eligible for
a .25% rate reduction from listed rates.
New Vehicles and Motorcycles
2012/2011
up to 48 months as low as 2.74%
49-60 months as low as 2.74%
61-66 months as low as 2.74%
67-72 months as low as 4.74%
73-84 months as low as 5.74%
Used Vehicles and Motorcycles
2011/2010
up to 36 months as low as 3.14%
37-48 months as low as 3.24%
49-60 months as low as 3.74%
61-66 months as low as 4.34%
67-72 months as low as 4.89%
73-84 months as low as 5.89%
Used Vehicles and Motorcycles
2009
up to 36 months as low as 3.74%
37-48 months as low as 3.99%
49-60 months as low as 4.49%
61-66 months as low as 4.74%
Used Vehicles and Motorcycles
2008
up to 36 months as low as 3.99%
37-48 months as low as 4.09%
49-60 months as low as 4.84%
61-66 months as low as 5.59%
Used Vehicles and Motorcycles
2007
up to 36 months as low as 4.09%
37-48 months as low as 4.24%
49-60 months as low as 5.49%
Used Vehicles and Motorcycles
2006
up to 36 months as low as 4.49%
37-48 months as low as 5.73%
Used Vehicles and Motorcycles
2005 and older
up to 36 months as low as 5.24%
New Recreational Vehicles
up to 120 months as low as 9.25%
Used Recreational Vehicles
up to 120 months as low as 11.35%
Boats
up to 72 months as low as 7.75%
73-120 months as low as 9.75%
Snowmobiles/ATVs
up to 60 months as low as 11.35%
Farm/Industrial
up to 60 months as low as 5.74%
Christmas/Vacation ($2000 max)
up to 12 months as low as 9.90%
Consolidation ($10,000 max)
up to 55 months as low as 11.60%
Personal ($15,000 max)
up to 55 months as low as 11.60%
Home Improvement ($15,000 max)
up to 60 months as low as 7.75%
Share Secured
up to 55 months, Dividend rate + 3%
Overdraft Protection
15.90%
HOME EQUITY PRODUCTS
Home Equity Loan (fixed rate installment loan)
***
Amounts from $7,500 to $250,000
5 years 5.99%
10 years 6.25%
15 years 6.50%
Loan-to-value ratio = 85%
Home Equity Lines of Credit
1. Equity Advantage Program****
Amounts from $7,500 to $15,000
5.25% APR
Loan-to-value ratio= 95%
2. Prime Plus Equity Program ****
Amounts from $10,000 to $24,999
2.49% APR Intro Rate (5.00% APR after 6 months)
Loan -to-value ratio = 85%
3. Prime Equity Program ****
Amounts of $25,000 and over
2.49% APR Intro Rate (4.50% APR after 6 months)
Loan-to-value ratio = 85%
*Dividends on our savings (shares) accounts are
compounded and paid quarterly on the average daily
balance for the quarter. This is a prospective rate
and may be changed at the end of the quarter. Fees
may reduce effective yield.
**Dividends on our checking (share draft) accounts
are compounded and paid monthly on the average daily
balance for the month. This is a prospective rate
and may be changed without notice. Fees may reduce
effective yield.
*** There are no closing costs incurred by the
member for the fixed rate Home Equity Loan unless
the loan is paid in full within the first 24 months
of inception.
****The HELOC rates are variable and can change
semiannually (January 1st and/or July 1st). There
are no closing costs incurred by the member unless
the line of credit is closed within 24 months of
inception. The ceiling for the LFCU HELOC is 18%.
Property insurance and flood insurance, if applicable,
are required. Ask your tax advisor about possible
tax deductions of interest paid on the HELOC.
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