Rates & Fees
Loan Rates
| Type | Rate |
|---|---|
| Share Secured | 4.00%* above share earning rate |
| New & Used Vehicle (2008 – 2009) | 7.00% – 9.75%* |
| Older Model Vehicles (2002 – 2007) | 9.75% – 10.75%* |
| Signature and Open End |
12.00% - 17.00%* |
Credit Disability and/or life insurance offered at a minimum rate on loans.
*Rates subject to change monthly. Please call the Credit Union Office for current rates.
Savings Rates
| Type | Rate | APY* | Min. Balance |
|---|---|---|---|
| Regular Shares (Savings) | |||
| $5.00 – $1,000 | 0.50%** | 0.50%** | |
| $1001 – $2,500 | 0.65%** | 0.65%** | |
| $2501 – $5,000 | 0.75%** | 0.75%** | |
| $5,001 and over | 1.00%** | 1.00%** | |
| Youth Accounts | 1.00%** | 1.00%** | |
| Christmas Club | 0.60% | 0.60% | |
| Vacation Club | 0.25% | 0.25% | |
| Share Drafts (Checking) | 0.25%** | 0.25%** | $1,000** |
| Share Certificates | |||
| 12 Month | 1.50% | 1.51% | $1,000 |
| 24 Month | 1.75% | 1.76% | $1,000 |
*APY = Annual Percentage Yield
**Dividends are paid on Share Draft accounts with balances of $1,000.00 or greater. Dividends are paid on share and club accounts with balances of $100.00 or greater.
Lynrocten Federal Credit Union © 2008 | Privacy Policy