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Rates

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Loan Rates

Auto/Motorcycle Fixed Loan Rates

Auto/Motorcycle~ Fixed Loan Rates
Model Year
Loan Amount
Term
APR* as low as**
New $5,000 min up to 60 mos. 1.99%
New $15,000 min 61 to 72 mos.~ 2.49%
New $15,000 min 73 to 84 mos. 3.49%
Used/Refinanced $5,000 min up to 60 mos. 2.24%
Used/Refinanced $15,000 min 61 to 72 mos.~ 2.74%

If you don’t see what you need, please contact us to discuss how we can help you.
Financing Up to 115% of MSRP or NADA Clean Retail — Including tax, title and warranty products.^
All loans must be current & have satisfactory payment history.
New = never titled and less than 12,000 miles, Used = previously titled.
~ New and Used Motorcycle loans are limited to 60 months.
^ Other conditions may apply.

Model Year

Age of Vehicle

Maximum Term/Dollar Value

2013-2017

Current to Five Years Old

Max. 72 months if over $15,000
Max. 60 months if over $5,000

2011-2012

Six and Seven Years Old

Max. 48 Months

2008-2010

Eight to Ten Years

Max. 36 Months

Home Equity Line-of-Credit

Home Equity Line-of-Credit - Variable Interest Rates With Closing Cost Assistance!#
Loan Type
Term
APR*
Gold (90% CLTV)†o Revolving 4.25%
Classic (90% CLTV)§o Revolving 3.75%

CLTV = Combined Loan to Value.
Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly.
§Variable rate is based on The Wall Street Journal Prime minus .50%. Rate adjusted monthly.
oOn average, closing costs are approximately $1,000 but may vary depending upon the amount of the loan, terms, property value, etc. Consult your tax advisor regarding the deductibility of interest and charges. FedChoice will pay up to $500 towards closing costs. Other conditions apply.

Leisure Vehicles

Leisure Vehicles
Loan Type
Loan Amount
Term
APR* as low as**
Boat, RV $15,000 min up to 84 mos. 3.95%
Boat, RV $40,000 min 85 to 120 mos. 5.25%
Boat, RV $40,000 min 121 to 144 mos. 5.75%

Includes Personal Watercraft and Snowmobiles.

*Annual Percentage Rate.
**APR is based on evaluation of applicant's credit at time of application. Your actual APR may vary. FedChoice Federal Credit Union's normal underwriting requirements apply.

Line-of-Credit

Line-of-Credit
Loan Amounts $300 to $20,000
Loan Type
APR* as low as**
Instant Access Line-of-Credit (variable) 7.75%

Base rate derived from The Wall Street Journal Prime Rate plus 4%. Other tiers apply. Rate adjusted monthly.

* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary.

Share Secured Loans

Share Secured Loans
Loan Type
Term
APR* 
Share Secured Loan (variable)†§ up to 84 mos. 3.15%

Amount of shares securing the loan must be in Main Share Savings Account.
Rate based on the cost of funds plus 3%. (Cost of funds is the basic savings account dividend rate for balances >= $2,500.00.) Rate adjusted semi-annually.
§ Minimum loan amount $300.00/Maximum loan amount $50,000.00

* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary.

Signature Loans

Signature Loans
Loan Amounts to $20,000
Rate Type
Loan Amount
Term
APR* as low as**
Fixed $500 min up to 36 months 7.50%
Fixed $2,000 min 37 to 60 months 8.50%

* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary.

Smart Choice Home Equity Loans

Smart Choice Home Equity Loans -
Fixed Interest Rates With Closing Cost Assistance!#
Loan Type
Term
APR*
5 Year (80% LTV)†^ 60 months 4.00%
5 Year (90% CLTV)†± 60 months 5.00%
10 Year (80% LTV)‡^ 120 months 4.50%
10 Year (90% CLTV)ౠ120 months 5.50%
15 Year (80% LTV)‡^ 180 months 5.00%
15 Year (90% CLTV)ౠ180 months 6.00%

#Closing cost assistance when your payment is automatically deducted from your FedChoice Federal Credit Union account and your loan is open for three years. If the loan is closed before three years, the member will be required to reimburse FedChoice for all costs paid on their behalf. The cost of required property insurance, however, must be covered by the member. Otherwise, on average, closing costs typically range from $600 - $800 but may vary depending upon the amount of the loan, terms, property value, etc. FedChoice will cover up to $500 in closing costs (not including property insurance).
* Annual Percentage Rate.
Owner-occupied primary residence only. Available in Delaware, District of Columbia, Maryland, New Jersey, Pennsylvania and Virginia. 1st or 2nd lien, no pre-payment penalty.
Borrow $5,000 to $250,000.
Borrow $10,000 to $250,000.
^ 1st lien Smart Choice Home Equity Fixed Rate loans are limited to a maximum loan to value of 80%.
± Not applicable to 1st liens for Smart Choice Home Equity Fixed Rate loans.

Smart Choice Plus

Smart Choice Plus - Fixed Interest Rates With Closing Cost Assistance!#
Loan Type
Term
APR* as low as**
10 Year (up to 125% CLTV)†^ 120 months 9.25%~

# Closing cost assistance when your payment is automatically deducted from your FedChoice Federal Credit Union account and your loan is open for three years. If the loan is closed before three years, the member will be required to reimburse FedChoice for all costs paid on their behalf. The cost of required property insurance, however, must be covered by the member. Otherwise, on average, closing costs typically range from $600 - $800 but may vary depending upon the amount of the loan, terms, property value, etc. FedChoice will cover up to $500 in closing costs (not including property insurance). Owner-occupied primary residence only. Available in Delaware, District of Columbia, Maryland, New Jersey, Pennsylvania and Virginia. 2nd lien only; no pre-payment penalty.
Borrow $10,000 to $50,000. Amount varies depending upon the member’s credit score. Maximum of $50,000 aggregate unsecured credit/member.
^ CLTV = Combined Loan-to-Value.
* APR = Annual Percentage Rate.
~ Starting as low as 9.25%. APR is based on evaluation of applicant's credit at time of application. Your actual APR may vary. FedChoice Federal Credit Union's normal underwriting requirements apply.

VISA® Credit Card Rates

VISA® Credit Card Rates
Terms
VISA® PLATINUM with Rewards
VISA® Gold
VISA® Share Secured
Special Features
Introductory Fixed Rate of
2.99% APR^
Effective for the first six billing cycles
APR* For Purchases
Variable Rate As low as 
7.75%††
Fixed Rate from
9.46% - 18.00%
Variable Rate 
currently at 10.75%
Method Of Computing the Balance For Purchases
Average 
Daily Balance
APR* For Cash Advances
Variable Rate††
Fixed Rate
9.46% - 18.00%
Variable Rate
Transaction Fee For Purchases
None
Credit Limit
$5,000 to $50,000
$500 to $35,000
$300 to $5,000
Grace Period For Repayment Of the Balance For Purchases
You have 27 days to repay your balance before being charged a finance charge.
Annual Fee
None

* APR = Annual Percentage Rate. APR is based on evaluation of applicant’s credit at time of application. Actual APR may vary. FedChoice Federal Credit Union’s normal underwriting requirements apply.
~ Cash advances and transfers do not qualify for Platinum Rewards points. Points can be redeemed for a variety of travel and merchandise awards, but NOT cash.
†† Variable rate is based on The Wall Street Journal Prime plus 3.50% to 9.00%. Rate may be adjusted monthly and depends upon applicant’s creditworthiness at time of application.
^ The special VISA® Gold Introductory Rate applies to purchases, balance transfers and cash advances and will remain in effect for six (6) billing cycles from the date the credit card is issued. Thereafter, the rate will revert to the regular fixed rate of 9.46% -18.00% APR as determined by an evaluation of your credit. The introductory rate is not available to members who currently have a FedChoice credit card or have had one in the past three months.
Variable rate is based on The Wall Street Journal Prime plus 7.00% - rate adjusted semi-annually. Share Secured VISA® requires a deposit of 110% of credit limit.

Deposit Rates

Checking Accounts

Checking Accounts
Type of Account Minimum Daily Balance to Earn Declared Rate APY*
Premium Checking§ $1,500 0.10%

§Dividends Compounded and Credited: Quarterly
Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. See your account disclosure for additional information about your account.

All rates subject to change without notice. Please call the Financial Advisory Center to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Administration (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Coverdell ESA Share Account

Coverdell ESA Share Account Rates
Type of Account Minimum Opening
Balance
Minimum Daily
Balance to Earn
Declared Rate
APY*
Coverdell Education
Savings Account
$100.00 $100.00 to
$1,500.00
0.25%
  $1,500.01 $1,500.01 to
$20,000.00
0.35%
  $20,000.01 $20,000.01
and above
0.45%

Dividends Compounded and Credited: Monthly. Dividends are paid from current income and available earnings, after required transfers to reserves, after the end of the dividend period. Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement. *Fees: Refer to Service Fees.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Coverdell ESA Share Certificate

Coverdell ESA Share Certificate  
Term Minimum Opening
Balance
Dividends Compounded / 
Credited
APY* Earn More
APY**
18 Month† $250.00 Monthly 0.40% 0.65%

Dividends Compounded and Credited: Monthly. Dividends are paid from current income and available earnings, after required transfers to reserves, after the end of the dividend period. Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement. *Fees: Refer to Service Fees.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

**The Earn More rate is applied to certificates opened by members who have open checking accounts. If you do not have a checking account, the lower "standard" rate will apply. If you open a checking account after a certificate is opened, the Earn More rate will apply only when the certificate renews.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

IRA Share Account

IRA Share Account Rates
Choose From Traditional IRA * Roth IRA * SEP IRA
Type of Account Minimum Opening
Balance
Minimum Daily
Balance to Earn
Declared Rate
APY*
ROTH, SEP, 
Traditional IRA
Share Accounts
$100.00 $100.00 to
$1,500.00
0.25%
  $1,500.01 $1,500.01 to
$20,000.00
0.35%
  $20,000.01 $20,000.01
and above
0.45%

Dividends Compounded and Credited: Monthly. Dividends are paid from current income and available earnings, after required transfers to reserves, after the end of the dividend period. Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement. *Fees: Refer to Service Fees.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

IRA Term Certificates

IRA Term Certificates
Choose From Traditional IRA * Roth IRA * SEP IRA  
Term Minimum Opening
Balance
Dividends Compounded /
Credited
APY* Earn More
APY*
18 Month
IRA
$500 Monthly 0.40% 0.65%
18 Month
IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
18 Month
ROTH IRA
$500 Monthly 0.40% 0.65%
18 Month
ROTH IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
18 Month
SEP IRA
$500 Monthly 0.40% 0.65%
18 Month
SEP IRA Mini-Jumbo
$50,000 Monthly 0.45% 0.70%
60 Month
IRA
$500 Monthly 1.75% 2.00%
60 Month
IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%
60 Month
ROTH IRA
$500 Monthly 1.75% 2.00%
60 Month
ROTH IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%
60 Month
SEP IRA
$500 Monthly 1.75% 2.00%
60 Month
SEP IRA Mini-Jumbo
$50,000 Monthly 1.80% 2.05%

Dividends Compounded and Credited: Monthly. Dividends are paid from current income and available earnings, after required transfers to reserves, after the end of the dividend period. Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement. *Fees: Refer to Service Fees.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

**The Earn More rate is applied to certificates opened by members who have open checking accounts. If you do not have a checking account, the lower "standard" rate will apply. If you open a checking account after a certificate is opened, the Earn More rate will apply only when the certificate renews.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Money Markets

Money Markets
Type of Account Minimum Opening Balance Minimum Daily Balance
to
Earn Declared Rate
APY* Earn More
Money Market $1,500.00 $1,500.00 to $20,000.00 0.05% 0.30%
  $20,000.01 $20,000.01 to $50,000.00 0.05% 0.30%
  $50,000.01 $50,000.01 to $100,000.00 0.10% 0.35%
  $100,000.01 $100,000.01 & Over 0.10% 0.35%

Dividends Compounded and Credited: Monthly
Balance Method: Average Daily Balance, Limitations: Refer to Membership and Account Agreement including Disclosures.
*Fees: Refer to Service Fees.

Earn More Money Market = FedChoice Federal Credit Union checking account with Money Market - Money Market earns an extra .25% BONUS

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Administration(NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Savings Accounts

Savings Accounts
Type of Account Minimum Opening Balance Minimum Daily Balance to 
Earn Declared Rate
APY*
Main Share Savings $50.00 $50.00 &Over 0.15%
Special Savings Accounts $0.00 $50.00 & Over 0.15%
Holiday Club $0.00 $50.00 & Over 0.15%

Dividends Compounded and Credited Quarterly. Dividends are paid from current income and available earnings, after required transfers to reserves after the end of the dividend period.

Minimum Balance For Dividends: $0.01 Balance Method: Average Daily Balance Limitations: Refer to Member Services Agreement.

Holiday Club accounts mature October 31st of each year. Funds will transfer to the account that you have specified.

*Any APY (Annual Percentage Yield) provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Administration (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.

Share Certificate

Share Certificate Rates  
Term Dividends Compounded /
Credited
Rate Tiers APY* Earn More
APY**
6 Months Regular Quarterly $500 - $49,999 0.25% 0.50%
Mini-Jumbo   $50,000 and above 0.30% 0.55%
12 Months Regular Quarterly $500 - $49,999 0.35% 0.60%
Mini-Jumbo   $50,000 and above 0.40% 0.65%
18 Months Regular Quarterly $500 - $49,999 0.40% 0.65%
Mini-Jumbo   $50,000 and above 0.45% 0.70%
24 Months Regular Quarterly $500 - $49,999 0.60% 0.85%
Mini-Jumbo   $50,000 and above 0.65% 0.90%
36 Months Regular Quarterly $500 - $49,999 0.75% 1.00%
Mini-Jumbo   $50,000 and above 0.80% 1.05%
48 Months Regular Quarterly $500 - $49,999 1.00% 1.25%
Mini-Jumbo   $50,000 and above 1.05% 1.30%
60 Months Regular Quarterly $500 - $49,999 1.75% 2.00%
Mini-Jumbo   $50,000 and above 1.80% 2.05%
$500 Minimum Opening Balance  

Term Certificate accounts may be subject to penalties for early withdrawal.

*Rates quoted as Annual Percentage Yield (APY). Any APY provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.

**The Earn More rate is applied to certificates opened by members who have open checking accounts. If you do not have a checking account, the lower "standard" rate will apply. If you open a checking account after a certificate is opened, the Earn More rate will apply only when the certificate renews.

All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.



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