Savings and Deposit Account Rates.

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Annual Percentage Yield and Dividend Rates


As of October 3, 2016


Regular share Savings Accounts

There is a minimum balance of $100.00 to receive a dividend on the regular share account. There is a membership fee of $1.00 to initially set up a new share account. $5.00 must remain in the account at all times to be a member.

Range Dividend Rate APY
$0.00 to $99.99 0.00% 0.00%
$100.00 and over 0.15% 0.15%


Club Accounts

Chirstmas, Vacation, and Summer Payment Accounts. There is a minimum balance of $0.01 to receive a dividend on the club account.

Range Dividend Rate APY
$0.01 and over 0.15% 0.15%


Escrow Accounts

There is a minimum balance of $0.01 to receive a dividend on the escrow account.

Range Dividend Rate APY
$0.01 and over 0.10% 0.10%


Share Draft Checking Account

The Credit Union is currently not paying a dividend on share draft checking accounts regardless of the balance.

*** Dividends are accrued daily and paid monthly, on the first day of the next month. If on any day your balance falls below the minimum balance you will not receive dividend for that day. If you close your account before the accrued dividend is paid you will not receive a dividend.



Term Share Certificate Account
$500 Minimum Dividend Rate APY
12 months (1 year) 0.25% 0.25%
24 months (2 years) 0.50% 0.50%
36 months (3 years) 0.50% 0.50%
48 months (4 years) 0.75% 0.75%
60 months (5 years) 0.75% 0.75%

Please note that the one year through five year term share certificates earn dividends, which are paid quarterly into the term share certificate. Early redemption penalty is the forfeiture equal to the smaller of the following two amounts: dividends since the date of issuance, or 90 days dividend per years of purchase. (Dividends are paid on the last day of March, June, September, December, and at maturity.) Certificates purchased now automatically renew at maturity unless otherwise notified.

** Dividends may be paid only from current income and accumulated earnings, after required transfers to reserves at the end of each dividend period, except in the case of term share certificate accounts where the dividend rate is fixed for the term account. The APY and APR applicable to an account may therefore change from time to time as determined by the Credit Union’s Board of Directors at its discretion.



Loan Account Rates


As of October 21, 2015

Type of loan Term APR*
AUTO (2015 & newer) 80% of NADA plus taxes and fees. APR as low as 2.00% (includes discount for payment by transfer and borrowing 80% or less)
New Auto (2015 & newer) 0 – 42 months 2.00% – 11.25%
Auto (2015 & newer) 100% of NADA plus taxes and fees. APR as low as 2.00%(includes discount for payment by transfer.)
New Auto (2015 & newer)

0 – 42 months

43 – 51 months

52 – 63 months

64 – 71 months

72 – 78 months

79 – 84 months

2.25% – 11.50%

2.30% – 11.55%

2.35% – 11.60%

2.40% – 11.65%

3.00% – 14.25%

3.50% – 15.25%

Auto (2013 – 2014) 100% of NADA plus taxes and fees. APR as low as 2.50%(includes discount for payment by transfer.)
Used Auto (2013 – 2014)

0 – 42 months

43 – 51 months

52 – 63 months

64 – 71 months

72 – 78 months

79 – 84 months

2.75% – 12.00%

2.85% – 12.10%

2.95% – 12.20%

3.00% – 12.25%

3.40% – 12.40%

4.00% – 13.25%

Auto (2011 – 2012) 100% of NADA plus taxes and fees. APR as low as 2.75%(includes discount for payment by transfer.)
Used Auto (2011 – 2012)

0 – 42 months

43 – 51 months

52 – 63 months

64 – 71 months

72 months

3.00% – 12.25%

3.15% – 12.40%

3.45% – 14.50%

3.50% – 12.75%

4.25% – 13.50%

Auto (2010) 100% of NADA plus taxes and fees. APR as low as 4.25%(includes discount for payment by transfer.)
Used Auto (2010)

0 – 42 months

43 – 48 months

52 – 63 months

64 – 71 months

72 months

4.50% – 13.75%

4.70% – 13.95%

5.25% – 14.50%

5.50% – 14.75%

6.00% – 15.25%

Auto (2008 – 2009) 100% of NADA plus taxes and fees. APR as low as 4.25%(includes discount for payment by transfer.)
Used Auto (2008 – 2009)

0 – 42 months

43 – 48 months

52 – 63 months

64 – 71 months

72 months

5.00% – 14.25%

5.20% – 14.45%

5.75% – 15.00%

6.00% – 15.25%

6.50% – 15.75%

Auto (2007 & older) 100% of NADA plus taxes and fees. APR as low as 4.25%(includes discount for payment by transfer.)
Used Auto (2007 & older)

0 – 42 months

43 – 48 months

5.50% – 14.75%

5.70% – 14.95%




Type of loan Term APR*

Recreational vehicle (anything that can be registered)

Borrowing less than $40,000.00 cannot exceed 6 years. Proof of insurance and title must be given to Credit Union. Will loan up to 90%.

ATV's, Snowmobiles, Dirt Bikes, Campers, Boats, RV's, Mobile Homes

Recreation vehicle

up to 36 months

up to 72 months

up to 120 months

4.75% – 13.5%

5.75% – 16.5%

6.75% – 13.5%

Collateral loan

Any big purchase item
that has a serial number,
as long as a UCC form can be filed.

up to 60 months

9.5% – 15.00%

Secured loan

Limited to the balance of shares being secured.

Full Secured by Shares

up to 36 months

up to 60 months

4.00%

4.75%

Full Secured by Team Share Certificate

up to 60 months

2.00% above certificate rate

Full Secured by Savings at another Institution

up to 60 months

13.5%

Unsecured loan (Signature, Co-Signer, Co-Applicant)

Will loan up to 25% of provable income. Can be used for almost any purpose.

(Signature – Must be employed in the same profession for one year and have a debt ratio no higher than 40%)

Unsecured loan

up to 60 months

8.5% – 17.99%

Overdraft Protection Loan

A line of credit which is added to your share draft account.

To Qualify:

  1. Must have an excellent Credit History with the Credit Union
  2. Must have a good Credit History
  3. Debt ratio cannot exceed 50%
  4. Must have an expendable income of $1,000.00 per month for the maximum amount.

$0.00 to $2,500.00

$2,500.01 to $3,000.00

$3,000.01 to $4,000.00


*Current rates is 13.0%

$50.00 payment

$75.00 payment

$100.00 payment

Variable Rate loan

12.00% to 15.5%

Mortgage Rates

Please call the Credit Union at (716) 373-0155 for current mortgage rates and available terms.


*Purchase and Refinance mortgage Money Available

*Mini Equity Loans Available

See here for current loan specials


**OTHER RESTRICTIONS AND TERMS MAY APPLY

**ALL RATES AND TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE