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Loan Rates
NADA Check the value of a used vehicle, by clicking "NADA"!
| Type |
Annual Percentage Rate (APR)
As low as** |
Maximum Maturity |
| Secured |
|
|
| 100% Share Secured |
5.75% APR |
|
| Real Estate 1st Mortgage |
Call for current rates |
360 months |
| Real Estate Equity (effective 7-1--08) |
5.75% APR |
180 months |
| New Autos (current & previous model year) |
5.50% APR |
72 months |
| |
6.50% APR |
84 months |
| Used Auto (2 yrs old, over $15,000) |
5.50% APR |
72 months |
| (2 yrs old, over $30,000) |
6.50% APR |
84 months |
| (3 - 5 yrs old) |
5.50% APR |
60 months |
| (6 - 7 yrs old) |
5.50% APR |
48 months |
| (over 7 yrs old) |
5.50% APR |
36 months |
| New Boats & RVs (to 5 yrs old) |
7.00% APR |
60 months |
| Under $15,000 |
7.50% APR |
84 months |
| $15,000 & up |
8.00% APR |
120 months |
| Used Boats & RVs (over 5 yrs old) |
7.00% APR |
48 months |
| |
7.50% APR |
60 months |
| $15,000 & up |
8.00% APR |
120 months |
| New Motorcycles |
7.00% APR |
60 months |
| Used Motorcycles |
7.50% APR |
36 months |
| |
8.00% APR |
48 months |
| New Furniture, Appliances, Lawn Tractors and other non-titled vehicles or equipment |
10.50% APR |
36 months |
| Unsecured |
|
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| Signature |
11.50% APR |
36 months |
| Holiday/Vacation ($2,500 max.) |
11.50% APR |
12 months |
| Education / Tuition |
9.50% APR |
12 months |
| VISA Classic & VISA Platinum Credit Cards |
Inquire at the office |
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| Share Draft/Overdraft/Line of Credit |
Inquire at the office |
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*APR = Annual Percentage Rate
**Actual loan rates and terms are based on each individual member's credit score and collateral. Members with excellent credit scores will receive our very best rates. All rates are subject to change without notice.
We may report information about your account to Credit Bureaus. Late payments, missed payments or other defaults on your account may be reflected on your credit report.
Savings Rates
Based on last dividend declared by the Board of Directors
| Type |
Term |
Annual Percentage Yield |
| Savings |
$0 - $199 |
0% |
| |
$200 - $9,999 |
.50% |
| |
$10,000 - over |
.75% |
| Share Certificates |
$1,000 - over 6 months |
2.52% |
| |
$1,000 - over 12 months |
3.04% |
| |
$1,000 - over 24 months |
3.29% |
| IRAs |
$0 - $199 |
0% |
| |
$200 - over |
3.29% |
Annual Percentage Yield (APY) is calculated using the average daily balance and is paid quarterly. For Share Accounts, APY is paid on accounts that have an average daily balance of $200 or more. Accounts must contain these minimum balances to earn dividends.
Fee Schedule - as of November 16, 2004
| Type |
Amount Charged ($) |
| SHARE (SAVINGS) ACCOUNT |
|
| Closed account within twelve(12) months |
$25.00 |
| (01) share (02) trust dormant account - No activity in (12) twelve months |
$25.00 |
| (81)(83)(84) IRA Share Account closure |
$25.00 |
| SHARE DRAFT (CHECKING) ACCOUNT |
|
| Non sufficient funds |
$25.00 |
| Stop payment, per order |
$25.00 |
| Copy of draft |
$3.00 |
| Share Draft (check) printing priced according to style and quantity -subject to change |
varies |
| AUTOMATED TELLER MACHINE (ATM) |
|
| Pulse/Money Station |
$1.00 |
| Excessive ATM transactions - over eight (8) per month, per transaction |
$1.00 |
| Plus or Cirrus, per transaction |
$2.00 |
| Empty envelope or ATM non-sufficient funds |
$25.00 |
| ATM replacement card |
$5.00 |
| CHECK CASHING |
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| Non member cashing a member's check |
$5.00 |
| Check cashing if an account balance is under $100.00 |
$3.00 |
| For each deposited check that is returned not written by member |
$15.00 |
| VISA |
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| Replacement card |
$5.00 |
| Overlimit |
$15.00 |
| Returned check |
$25.00 |
| Draft retrieval |
$5.00 |
| OTHER - APPLIES TO ALL ACCOUNTS |
|
| Account research or reconciliation, per hour |
$25.00 |
| Official Credit Union check |
$2.00 |
| Stop payment, per order |
$25.00 |
| Deposited item return |
$25.00 |
| Statement copy, per page |
$1.00 |
| Computer history printout, per page |
$1.00 |
| Wire transfer (in or out) |
$15.00 |
| International wire transfer |
$30.00 |
| Money order |
$1.00 |
| Traveler's Checks, single/for two |
$1.00/$100 $1.50/$100 |
| Overdraft loan or phone transfer |
$2.00 |
| Mail returned fee - per item |
$10.00 |
| Garnishment, execution, levy, each presentment |
$25.00 |
| Non - sufficient funds of pre-authorized withdrawl |
$25.00 |
| Fax |
$2.00 |
Mutual Federal Credit Union
1353 Gage Rd
Toledo, Ohio
43612
419.476.1791
Fax: 419.476.4661
info@mutualfcu.com
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