RATES


Effective August 17, 2022

Share Accounts

  Dividend Rate APY* Minimum Balance
Savings** 0.05% 0.05% $100.00
Christmas Club** 0.25% 0.25% $100.00
Draft (checking) Accounts 0.00% 0.00% $0.00
Health Savings (HSA) 0.50% 0.50% $0.00
IRA Savings  0.50% 0.50% $1,000.00

*APY= Annual Percentage Yield. **If fees are applied, it may reduce the earnings on the account. Click here to view the full list of service charges & fees. The dividend rate is subject to change without notice.

Money Market

  Dividend Rate APY* Minimum Balance
Money Market Savings** 0.05% 0.05% $100.00 - $2,499.99
  0.35% 0.35% $2,500.00 -  $9,999.99
  0.40% 0.40% $10,000.00 - 49,999.99
  0.55% 0.55% $50,000.00 and over

*APY= Annual Percentage Yield. The dividend rate is subject to change without notice. **This account has a blended rate. Contact us for full terms and conditions.

Certificates of Deposit

Term Dividend Rate APY* Minimum Balance
6 Month 0.55% 0.55% $1,000
12 Month Super Saver Certificate** 1.00% 1.00% $500
12 Month Save To Win Certificate*** 1.00% 1.00% $25
12 Month Youth Certificate 1.24% 1.25% $250
12 Month 1.24% 1.25% $1000
18 Month 1.34% 1.35% $1000
24 Month 2.23% 2.25% $1,000
36 Month 1.74% 1.75% $1,000
48 Month 1.98% 2.00% $1,000
60 Month 2.72% 2.75% $1,000

*APY = Annual Percentage Yield. APY is not variable and will not change after the certificate is opened. **Additional Super Saver deposits not to exceed $50,000 in aggregate per Certificate. Maximum number of Super Saver Certificates is limited to TWO per Social Security number. *** Additional deposits can be made throughout the term of the certificate. Maximum number of Save To Win Certificates is limited to ONE per Social Security number. See full disclosures for specific Save To Win CD details. CD Early Withdrawal Penalties:
   -   CDs with a maturity of 12 months or less: the penalty will be equal to 90 days interest (whether earned or not);
   -   CDs with a maturity of 18, 24, 36, or 48 months: the penalty will be 180 days interest (whether earned or not);
   -   CDs with a maturity of 60 months or more: the penalty will be one year of interest (whether earned or not);
   -   Twelve Month Save To Win CDs: the penalty will be equal to $25.
Note: If the interest penalty exceeds the interest earned, the difference shall be deducted from the principal amount.
The dividend rate is subject to change without notice.
See our Fee Schedule for other fees that may be assessed with your savings account.
**Early withdrawal penalties may apply. Please see our Disclosures for complete disclosure information. Interest is computed daily and is paid monthly or at maturity. Additional deposits during term are limited to $50,000.00.

IRA Certificates

 
Term Dividend Rate APY* Minimum Balance
12 Month 1.24% 1.25% $1,000
18 Month 1.34% 1.35% $1,000
24 Month 2.23% 2.25% $1,000
36 Month 1.74% 1.75% $1,000
48 Month 1.98% 2.00% $1,000
60 Month 2.72% 2.75% $1,000

*APY = Annual Percentage Yield. All rates are subject to change without notice. Contact a CFCU Financial Service Representative for full details.

Visa Credit Cards

  APR*
Visa Platinum Credit Card 8.90%
Visa Signature Credit Card - (Minimum Credit Line of $5,000) 9.90%

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. Please see a CFCU Financial Service Representative for full details. Click here to view a complete guide to your signature benefits. **$100 Cash Back for spend and 2% Cash Back for balance transfers is applicable to new accounts only.  Offers do not apply to account upgrades or transfers from an existing CFCU or Motor City credit card account.  Balance transfer offer is valid only on balances transferred from outside institutions.

Debt Shed

  Loan Amount Rate
Debt Shed Up to $10,000 6.49%*
  $10,001 - $15,000 7.49%**

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. Please see a CFCU Financial Service Representative for full details. **Max to Lend = $15,000.  Rates listed are based on automatic loan payment. Refinancing of existing CFCU debt not available with Debt Shed. No consolidation of existing Debt Sheds. For example, for a loan of $10,000 at 6.49% APR for 36 months, the monthly payment would be $306.44.

Home Equity Loans

  APR*
Home Equity Line of Credit 4.75%
Closed End Home Equity Click Here to View Rates from our partner, Mortgage Center

*APR = Annual Percentage Rate. Rates shown are best available, based on 80% loan-to-value and are based on credit history. The rate is variable and subject to change without notice. Loans requested for more than 80% of collateral value may be subject to a higher rate of interest. Home Equity Lines of Credit are available on primary residences only. Rates are subject to change without notice and are variable. Maximum rate that can be applied is 14.00% APR. Non-members may be charged a $10 new membership fee upon account opening. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest. Contact CFCU for more information.  ​​Click here for more information on Home Equity loans from the Federal Reserve.

Auto Loans

Rates valid for 2019-2022 New & Used Auto Loans
Term APR*
12 - 60 months 3.49%
61 - 75 months  |  $15,000 & over 3.99%
76 - 84 months  |  $30,000 & over 4.49%

Rates valid for Used Autos (Model years 2014 - 2018)
Term APR*
12 - 60 months                 3.49%
61 - 75 months  |  $15,000 & over 3.99%

Rates valid for Used Autos (Model years 2013 and older)
Term APR*
12 - 60 months                 6.49%

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, are available only on loans not already financed with CFCU and subject to change without notice. Rates listed are based on automatic loan payment. For example, for a loan of $20,000 at 60 months with an interest rate of 3.49% APR, the payment will be $368.24. Loans requested for more than 105% of collateral value may be subject to a higher rate of interest. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest. Please see a CFCU Financial Service Representative for full details. 

Boats & Recreational Vehicle Loans

(Boats, RVs, Travel Trailers, Motor Homes, Mobile Homes)

Loan Amount Max Term APR*
Any amount Up to 120 months 2.99%
$50,000 - $99,999 Up to 180 months 4.49%
$100,000 and Above Up to 240 months 4.74%

 

*APR = Annual Percentage Rate. Rates shown are the best available, require automatic payments, are based on credit history, and subject to change without notice. Loans requested for more than 85% of collateral value may be subject to a higher rate of interest. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest. Please see a CFCU Financial Service Representative for full details. For example, for a loan of $35,000 at 120 months with an interest rate of 2.99% APR, the payment will be $337.80. **Loan must be current (cannot be delinquent) to qualify for free annual Skip a Payment. Recreational vehicles only. Excludes loans written to covered borrowers under the Military Lending Act. The skipped payment will be added to the end of the loan and will extend the maturity date of the loan. If a scheduled payment for the loan has been set up through Online Banking or initiated by the member at another financial institution, the member is responsible for canceling the scheduled payment. Eligible loans may skip only one payment per calendar year. Recreational Vehicles that skip a payment are not eligible for the Holiday Skip a Payment program. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest.

Mortgage Center

The information provided assumes the purpose of the loan is to purchase an existing single family detached home and will be used as a primary residence. The loan amount is $150,000 and the purchase price is $200,000. The property is located in Oakland County, Michigan. There is an escrow account for property taxes and homeowners insurance. The rate lock period is 45 days and the assumed credit score is 740 or higher. The monthly payment amount shown includes only principal and interest. The escrow for property taxes, homeowners insurance, flood and/or mortgage insurance if applicable are not included in the monthly payment amount. Your actual monthly payment will be higher with escrow account included. The interest rates, APRs and points shown may change throughout the day due to varying market conditions. Rates are subject to change. To get more accurate and personalized results, please call 800-353-4449 to talk with a loan expert.

Powersport Loans

(Motorcycles, Jet Ski's, Snowmobiles, Off-Road Vehicles, Camper Tops, Riding Lawn Tractors)

Term APR*
Up to 60 Months 4.49%
Up to 84 Months (must be over $10,000) 5.49%

*APR = Annual Percentage Rate. Rates shown are the best available, require automatic payments, are based on credit history, and subject to change without notice. Loans requested for more than 85% of collateral value may be subject to a higher rate of interest. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest. Please see a CFCU Financial Service Representative for full details. For example, for a loan of $9,000 at 60 months with an interest rate of 3.99% APR, the payment will be $167.75. **Loan must be current (cannot be delinquent) to qualify for free annual Skip a Payment. Recreational vehicles only. Excludes loans written to covered borrowers under the Military Lending Act. The skipped payment will be added to the end of the loan and will extend the maturity date of the loan. If a scheduled payment for the loan has been set up through Online Banking or initiated by the member at another financial institution, the member is responsible for canceling the scheduled payment. Eligible loans may skip only one payment per calendar year. Recreational Vehicles that skip a payment are not eligible for the Holiday Skip a Payment program. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest.

Personal Loans

Type Term APR*
Line of Credit   9.90%
Personal Loan**** Up to 60 months 9.40%
Seasonal Personal Loan** For 12 months 6.99%
Share Pledged Loan   4.99%
Certificate Pledged Loan***   4.99%

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, are available only on loans not already financed with CFCU and subject to change without notice. Loans requested for more than 95% of collateral value may be subject to a higher rate of interest. Members refinancing existing Christian Financial Credit Union loans are subject to a higher rate of interest.Please see a CFCU Financial Service Representative for full details. **For example, for a loan of $1,000 at 12 months with an interest rate of 6.99%, the monthly payment would be $86.52. Minimum loan amount limited to $500.00. Maximum loan amount limited to $5,000.00. No additional discounts for Auto Transfer/Electronic Payment. ***Term of loan cannot exceed term of certificate. ****Rate shown includes discount for automatic payment.

High School Tuition Loans

(Only applies to preapproved High Schools)

Term APR*
Up to 12 Months 7.00%
Up to 18 Months 7.50%

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. For example, for a loan of $10,000 at 12 months with an interest rate of 7.00% APR, the payment will be $865.27. Please see a CFCU Financial Service Representative for full details.
 
 
Contact Us:

35100 Van Dyke Ave
Sterling Heights, MI 48312

586.772.6330

CFCU Routing & Transit Number: 272484289
 
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Christian Financial Credit Union was founded in 1950 and has grown to serve anyone who lives, works,
worships or goes to school in Macomb, Wayne, Oakland and St. Clair Counties. 
 
© 2006-2022 Christian Financial Credit Union  All Rights Reserved.
Federally insured by the NCUA
Equal Housing Opportunity Lender