Rates








 Mercy-City-Lehigh Family Credit Union
Current Rates as of January 10th, 2012
*All rates are subject to change*


Loans

Type

APR*

Terms

 Signature Loan

 13.50%

Call for Terms

New Vehicle
(Car/Truck, Cycles, Campers, Boats)
(85% of retail)


5.99%


Call for Terms

 

 Used Car
(Car/Truck, Cycles, Campers, Boats)

 

1-3 Years Old (85% of retail)

6.25%

Call for Terms

4-6 Years Old (85% of retail)

7.25%

Call for Terms

7-8 Years Old (85% of retail)

10.25%

Call for Terms

9 Year Old and Older (75% of retail)

10.75%

Call for Terms

 

Collateral Loan
(75% of retail)

10.50%

Call for Terms

   

Recreational Vehicle Loans
(Jet-Ski's, Snowmobiles, ATV's)
(85% of retail)

 

New-2 Years Old

10.00%

Call for Terms

3-5 Years Old

10.00%

Call for Terms

6 Years Old and Older

11.00%

Call for Terms

   

Share Secured
(APR above the share or time share
collateralized APY)


2.95%


Call for Terms

   

Home Equity Loans

 

Variable Open-End Rate

6.00%

Call for Terms

Fixed Closed-End Rate (5 Years) 

6.99%

Call for Terms

Fixed Closed-End Rate (10 Years)

7.99%

Call for Terms

   

First Mortgage Loan

Contact Loan Officer

 

*APR - Annual Percentage Rate

We offer a reduction of .25% on all secured loans with payroll deduction.

 


Share Accounts

Type

Dividend Rate

APY*

Shares
($25.00 minimum)

.25%

.25%

Super Share Draft

Contact a Member Service Representative

Kids Klub
($25.00 minimum)

.25%

.25%

Christmas Club

.25% 

.25%

IRA

2.00%

2.02%

 

*APY - Annual Percentage Yields

  Share rates are subject to change after the account is open, without prior notice.

Fees can reduce the earnings on interest bearing accounts



Time Share Certificates

 

Number of Months

Dividend Rate

APY*

3

.50%

.50%

6

.50%

.50%

9

.60%

.60%

12

.70%

.70%

18

.95%

.95%

24

1.19%

1.20%

 

**All Time Share Certificates require a minimum of $1,000.00 to open.**
**Early withdrawals may result in penalties.**

 

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