​​Rates

Effective December 1, 2016

Share and Money Market Accounts

  Dividend Rate APY* Minimum Balance
Savings** 0.100% 0.10% $100.00
Christmas Club** 0.250% 0.25% $100.00
Draft (checking) Accounts 0.000% 0.00% $0.00
Health Savings (HSA) 0.250% 0.25% $0.00
Passbook IRA 0.250% 0.25% $1,000.00
Split Money Market 0.100% 0.10% $100.00 - $2,499.99
  0.150% 0.15% $2,500.00 - $9,999.99
  0.250% 0.25% $10,000.00 - $49,999.99
  0.300% 0.30% $50,000.00 and over

*APY= Annual Percentage Yield

**If fees are applied, it may reduce the earnings on the account
The dividend rate is subject to change without notice.


Certificates of Deposit

Term Dividend Rate APY* Minimum Balance
6 Months 0.399% 0.40% $1,000
12 Month Super Saver Certificate** 0.399% 0.40% $500
12 Month Save To Win Certificate*** 0.300% 0.30% $25
12 Month Youth Certificate 0.449% 0.45% $250
12 Month 0.449% 0.45% $1000
18 Month 0.747% 0.75% $1000
24 Months 1.292% 1.30% $1,000
36 Months 1.489% 1.50% $1,000
48 Months 1.981% 2.00% $1,000
60 Months 1.736% 1.75% $1,000

*APY = Annual Percentage Yield

**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.

NestFund

Term Interest Rate APY* Minimum Balance
24 Months  1.154 % 1.160 % $100.00
36 Months  1.369 % 1.377 % $100.00
48 Months  1.471 % 1.481 % $100.00
60 Months    1.840 % 1.856 % $100.00

*APY = Annual Percentage Yield. Total deposits not to exceed $25,000 in aggregate per Certificate. Maximum number of NestFund Certificates is limited to ONE per Social Security number. Minimum opening balance is $100.00

CD Early Withdrawal Penalties: CDs with a maturity of 24 months: the penalty will be 180 days interest (whether earned or not); CDs with a maturity of 36, 48, or 60 months: the penalty will be one year of interest (whether earned or not). Note: If the interest penalty exceeds the interest earned, the difference shall be deducted from the principal amount. Penalty waived if funds are used towards a home purchase financed through Mortgage Center. CFCU will match interest earned up to $500 when funds are used for a down payment for a mortgage financed with Mortgage Center. Rate may increase or decrease based on changes in the Case Shiller Detroit Index. The maximum rate at any point in the term shall not exceed 3.00% APY or fall below 0.50% APY.


IRA Certificates

  $1,000 - $9,999.99 $10,000 - $99,999.99 $100,000 or More
Term Dividend Rate APY* Dividend Rate APY* Dividend Rate APY*
1 Year 0.449% 0.45% 0.449% 0.45% 0.449% 0.45%
18 Month 0.747% 0.75% 0.747% 0.75% 0.747% 0.75%
2 Year 1.292% 1.30% 1.292% 1.30% 1.292% 1.30%
3 Year 1.489% 1.50% 1.489% 1.50% 1.489% 1.50%
4 Year 1.981% 2.00% 1.981% 2.00% 1.981% 2.00%
5 Year 1.736% 1.75% 1.736% 1.75% 1.736% 1.75%

*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 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.


Debt Shed

  APR*
Debt Shed 5.99%**

*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 = $7,000. No additional discounts for Auto Transfer/Electronic Payment. Refinancing of existing CFCU debt not available with Debt Shed.


Home Equity Loans

  APR*
Home Equity Line of Credit 4.25%
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. Please contact a CFCU Financial Service Representative for full details.


Auto Loans - New or Used

Rates valid for new and used autos and refinances.
Term APR*
Up to 36 Months  1.99%
Up to 60 Months  1.99%
Up to 72 Months  2.49%
Up to 84 Months -2014 and Newer Models Only 2.99%

*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. Rates listed are based on automatic loan payment. Loans requested for more than 100% of collateral value may be subject to a higher rate of interest. Please see a CFCU Financial Service Representative for full details.


Secured - Titled Loans

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

Loan Amount

Max Term APR*
Any amount Up to 120 months 3.99%
$25,001 - $99,999 Up to 180 months 4.99%
$100,000 and Above Up to 240 months 4.99%

 

*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. Please see a CFCU Financial Service Representative for full details.


Secured - Other Titled/Non-Titled

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

Term APR*
Up to 36 Months 3.99%
Up to 60 Months 4.49%

*APR = Annual Percentage Rate. Rates shown are the best available, are based on credit history, and subject to change without notice. Rates listed are based on automatic loan payment. Please see a CFCU Financial Service Representative for full details.


Personal Loans

Type Term APR*
Unsecured Line of Credit Up to 60 months 8.99%
Unsecured Closed End Loan Up to 60 months 7.99%
Share Pledged Loan   6.25%
Certificate Pledged Loan**   6.25%

*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. Please see a CFCU Financial Service Representative for full details.

**Term of loan cannot exceed term of certificate.


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. Please see a CFCU Financial Service Representative for full details.