- APY equals Annual Percentage Yield
APR equals Annual Percentage Rate
(Rates May Change Without Notice)
|SavingsPlus and IRA SavingsPlus||Div.
|Savings Plus and IRA Savings $2,000 – $19,999.99||0.250%||0.25%|
|Savings Plus and IRA Savings $19,999.99 – $74,999.99||0.300%||0.30%|
|Savings Plus and IRA Savings $75,000 and over||0.350%||0.35%|
|Minimum balance of $2,000.00. Dividends are calculated by the average daily balance method, compounded and paid monthly. All rates apply to IRA Savings Plus and may additionally be subject to IRA penalties for early withdrawal.|
|Share and Special Savings||0.150%||0.15%|
|Jungle Savers-Super Teen||0.200%||0.20%|
|Christmas & Vacation Club Accounts*||0.150%||0.15%|
|Interest Plus Checking*||0.100%||0.10%|
|* Interest Plus Checking must maintain min bal of $1000 to earn interest.
**Savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
|Term Savings and IRA Certificates||Div.
|Minimum deposit is $1000. Dividends are calculated by the average daily balance method, compounded and paid monthly. No additional deposits are allowed and substantial penalty for early withdrawal. All rates apply to IRA certificates and may additionally be subject to IRA penalties for early withdrawal.|
|2014-2008 Vehicles (Boat/RV/Motorcycle)||as low as 1.99% APR*|
|2008 & Older Vehicles (Boat/RV/Motorcycle)||as low as 5.99% APR*|
|Line of Credit and Signature Loans||as low as 6.99% APR*|
|Home Equity Line of Credit (HELOC)*||as low as 4.99% APR*|
|2nd Mortgage (Fixed)*||as low as 5.99% APR*|
|Personal Line of Credit,Overdraft Line of Credit, and Signature Loans||as low as 6.99% APR*|
as low as 6.90% APR*
Interest Rate Pricing Tiers (Based Upon Credit History and Credit Bureau Scores)
For average car prices check the NADA website.
|Home Equity Line of Credit (HELOC)||Term||APR*|
|Up to 80% Loan-to-Value||Up to 120 Months||as low as 4.99% APR|
|Up to 90% Loan-to-Value||Up to 120 Months||as low as 5.49% APR*|
|($349 application fee)|
|2nd Mortgage (Fixed)||Term||APR*|
|Up to 90% Loan-to-Value||Up to 120 Months||as low as 5.99% APR *|
|($349 application fee)|
|Pledged Savings Loan|
|as low as 4% over current savings rate (APY) with a Minimum APR of 4%*|
|Types of Education Loan
|Click here for more information
* Rates will be determined based on credit score, loan amount and other factors. Call Credit Union for full details
Cove Federal Credit Union is an Equal Housing Lender and does business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.