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Saving Rates Loan Rates |
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Rates Effective as of: March 24, 2008 Supersedes rates of February 5, 2008 Subject to change at anytime without prior notice. Reviewed March 21, 2008 |
| TERM |
ANNUAL |
RATE |
Regular Shares |
1.61% | 1.60% |
| Money Market* | 3.30% | 3.25% |
Share drafts (Checking) |
.25% | .25% |
Escrow |
.25% | .25% |
| IRA** | 4.08% | 4.00% |
|
* Minimum opening deposit of $2,500; $2,500.00 balance must be maintained not to incur fees. Minimum withdrawal $500; up to 6 free withdrawals per statement period. ** Funds insured additionally up to $250,000 by the NCUA a U.S. government agency. |
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SHARE
CERTIFICATES
(A penalty may be imposed upon early cancellation.) |
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| TERM |
Annual Percentage Yield (APY) |
RATE |
| 3 Month Certificate | 3.30% | 3.25% |
| 6 Month Certificate | 3.67% | 3.60% |
| 9 Month Certificate | 3.72% | 3.65% |
| 12 Month Certificate | 3.82% | 3.75% |
| 18 Month Certificate | 3.82% | 3.75% |
| 24 Month Certificate | 3.87% | 3.80% |
| 30 Month Certificate | 3.87% | 3.80% |
| 36 Month Certificate | 3.92% | 3.85% |
| 48 Month Certificate | 3.98% | 3.90% |
| 60 Month Certificate | 4.08% | 4.00% |
Mortgage Rates |
Home Equity Loan Rates |
Cooperative & Condominiums |
MBL Investments |
MBL Owner Occupied |
MBL Non-Owner Occupied |
Consumer Loan Rates
OTAEAE |
As of March 25, 2008
Supersedes rates of February 5, 2008.
Subject to change at any time.
There is a $200 application fee for all mortgages. Refundable at closing.
Other variations of terms are available. See Lending Manager.
Points can be paid on all mortgage types to buy-down rate.
Each point is equal to 10 basis points off applicable rate up to 3 points.
1-4 Family Home - Residential Owner Occupied
FIRST MORTGAGE
| TERM | RATE | APR | COST PER $1000 |
| 10 year FIXED RATE | 4.90% | 4.9046 | 10.56 |
| 12 year FIXED RATE | 5.05% | 5.0420 | 9.27 |
| 15 year FIXED RATE | 5.25% | 5.2523 | 8.04 |
| 20 year FIXED RATE | 5.50% | 5.5020 | 6.88 |
| 25 year FIXED RATE | 5.60% | 5.5988 | 6.20 |
|
10 YEAR BALLOON - 20 yr PAYOUT |
5.10% | 5.0911 | 6.65 |
|
12 YEAR BALLOON - 25 yr PAYOUT |
5.30% | 5.2966 | 6.02 |
| 1 year variable -- 30 years |
4.35 - no points |
7.4562 | 4.98 |
| 3 year variable -- 30 years |
4.90- no points |
7.6761 | 5.31 |
| 5 year variable -- 30 years |
5.05 - no points |
7.5153 | 5.40 |
| 7 year Variable -- 28 years | 5.20- no points | 6.8640 | 5.66 |
| 3 year Fixed - 1 year Variable / 30 years | 4.80 - no points | 7.4502 | 5.25 |
| 5 year Fixed - 1 year Variable / 30 years | 4.90- no points | 7.1707 | 5.31 |
| 7 year Fixed - 1 year Variable / 30 years | 5.10- no points | 7.0663 | 5.49 |
As of March 25, 2008
(Supersedes rates of February 5, 2008)
subject to change at any time.
| TERM | RATE | APR | COST PER $1,000 |
| 10 YEARS FIXED | 6.00% | 5.9959 | 11.10 |
| 15 YEARS FIXED | 6.25% | 6.2422 | 8.57 |
| LINE OF CREDIT | Prime + 100 BP |
COOPERATIVE/CONDOMINIUM/TOWNHOUSES RATES |
Residential Owner Occupied
As of March 25, 2008 (Supersedes rates of February 5, 2008)
subject to change at any time.
| TERM | RATE | APR | COST PER $1000 |
| 10 year Fixed Rate | 4.95% | 4.9456 | 10.58 |
| 12 year Fixed Rate | 5.10% | 5.1017 | 9.30 |
| 15 year Fixed Rate | 5.30% | 5.3093 | 8.07 |
| 20 year Fixed Rate | 5.55% | 5.5550 | 6.91 |
| 25 year Fixed Rate | 5.65% | 5.6487 | 6.23 |
| 10 year Balloon/ 20 year PAYOUT | 5.15% | 5.1451 | 6.68 |
| 12 year Balloon/ 25 year PAYOUT | 5.35% | 5.3473 | 6.05 |
| 1 year Variable - 30 years |
4.40 -
no points |
7.4997 | 5.01 |
| 3 year Variable - 30 years |
4.95 -
no points |
7.7316 | 5.34 |
| 5 year Variable - 30 years |
5.10 -
no points |
7.5540 | 5.43 |
| 7 year Variable - 28 years | 5.25 - no points | 6.9039 | 5.69 |
| 3 year Fixed - 1 year Variable/ 30 years | 4.85 - no points | 7.4912 | 5.28 |
| 5 year Fixed - 1 year Variable/ 30 years | 5.05 - no points | 7.3011 | 5.40 |
| 7 year Fixed - 1 year Variable/ 30 years | 5.15 - no points | 7.1067 | 5.52 |
JUMBO MORTGAGES
Residential, Co-ops and Condos
Applies to loans over $500,000. Call for details.
Add 25 basis points to applicable rate.
Note: There is a $200 application fee for all mortgages, refundable at closing
As of March 25, 2008
subject to change at any time.
| Rating 1.00 - 6.1250 | Rating 1.75 - 6.3125% | Rating 2.50 - 6.5000% |
| Rating 1.25 - 6.1875% | Rating 2.00 - 6.3710% | Rating 2.75 - 6.5625% |
| Rating 1.50 - 6.2500% | Rating 2.25 - 6.4375% | Rating 3.00 - 6.6250% |
|
VARIABLE RATE PRICING |
| RATING = | 1 | 1.5 | 2 | 2.5 | 3 |
| 1 YEAR ARM | 5.250% | 5.375% | 5.500% | 5.6250% | 5.7500% |
| 3 YEAR ARM | 5.375% | 5.500% | 5.625% | 5.750% | 5.8750% |
| 5 YEAR ARM | 5.500% | 5.625% | 5.750% | 5.8750% | 6.000% |
| 6 YEAR ARM |
5.625%
|
5.750% |
5.875% | 6.000% | 6.1250% |
MBL OWNER OCCUPIED 5-8 FAMILIES |
| 10 year fixed (Self Liquidating) | 5.40% |
| 12 years fixed (Self Liquidating) | 5.55% |
| 10 year balloon (Any Amortization) | 5.60% |
| 12 year balloon (Any Amortization) | 5.80% |
Variable Rate Pricing:
| 6 YEAR ARM | less .25bp off the above rate |
| 5 YEAR ARM | less .375bp off the above rate |
| 3 YEAR ARM | less .50bp off the above rate |
| 1 YEAR ARM | less .625bp off the above rate |
MBL NON-OWNER OCCUPIED 1-4 FAMILIES |
| 10 year fixed (Self Liquidating) | 5.40% |
| 12 years fixed (Self Liquidating) | 5.55% |
| 10 year balloon (Any Amortization) | 5.60% |
| 12 year balloon (Any Amortization) | 5.80% |
Variable Rate Pricing:
| 6 YEAR ARM | less .25bp off the above rate |
| 5 YEAR ARM | less .375bp off the above rate |
| 3 YEAR ARM | less .50bp off the above rate |
| 1 YEAR ARM | less .625bp off the above rate |
FOR INTEREST RATE INDICES USED TO DETERMINE VARIABLE RATE LOANS, PLEASE CALL THE LOAN DEPARTMENT.
CONSUMER LOAN RATES |
|
1. Secured by SHARES |
|
| LOAN TERM | RATE |
| 1 year or less (share +125bp) | 2.85% |
| 2 years or less (share + 150bp) | 3.10% |
| 3 years or less (share + 175bp) | 3.35% |
| 4 years or less (share + 200bp) | 3.60% |
| 5 years or less (share + 235bp) | 3.95% |
| Interest only - 3 years or less | 3.80% |
| Third party share secured | ADD 15 Basis points |
2. Secured by MONEY MARKET ACCOUNT |
|
| LOAN TERM | RATE |
| 1 year or less (MMA rate + 150 bp) | 4.75% |
| 2 years or less (MMA rate + 175 bp) | 5.00% |
| 3 years or less (MMA rate + 200bp) | 5.25% |
| Interest only - 3 years or less | 5.45% |
| 3. Secured by CERTIFICATES | |
| TERM OF LOAN | RATE |
| 1 year or less | 4.90% |
| 2 years or less | 5.10% |
| 3 years or less | 5.30% |
| 4 years or less | 5.35% |
| 5 years or less | 5.50% |
| Interest only - 3 years or less | 5.55% |
| Third party CD share secured | ADD 15 Basis points |
| 4. Unsecured Personal Loans | |
| Loan Term | Rate |
| Up to 3 years | 12.00% |
| Between 3 to 5 years | 12.25% |

| 5.
NEW AUTO Loans -
up to 95% of Purchase Price |
|
| Loan Term |
Rate |
| 1 year | 4.25% |
| 2 years | 5.00% |
| 3 years | 5.50% |
| 4 years | 5.75% |
| 5 years | 6.20% |
| 6. USED AUTOS - up to 85% of Purchase Price, $30,000 maximum per loan; ON 2003 or newer models. | |
| 2003 - 3 years max | 7.00% |
| 2004- 3 years max | 7.00% |
| 2005 - 4 years max | 6.75% |
| 2006 - 4 years max | 6.75% |
7. New Car Refinancing - Up to 18 months old - Original owner / Dealer Certified - same terms and rates as new cars |
VISA CREDIT CARDS
8. CLASSIC - 9.95%* (No Annual Fee) GOLD - 9.50%* (No Annual Fee) PLATINUM - 8.90%*(No Annual Fee) |
9. Stock Secured |
|
Up to 5 years |
9.00% |
| Up to 50% of Market Value | NO LIMIT |
| 10. Self Reliance Student Loan | 7.80% |
| Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government National Credit Union Administration, a U.S. Government Agency |
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