Rates








 Mercy-City-Lehigh Family Credit Union
Current Rates as of August 16th, 2010


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)

 

1-2 Years Old (85% of retail)

6.25%

Call for Terms

3-5 Years Old (85% of retail)

7.25%

Call for Terms

6-7 Years Old (85% of retail)

10.25%

Call for Terms

8 Year Old and Older (75% of retail)

10.75%

Call for Terms

 

Collateral Loan
(75% of retail)

10.50%

Call for Terms

   

RV 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)

.50%

.50%

Super Share Draft

Contact a Member Service Representative

Kids Klub
($25.00 minimum)

.50%

.50%

Christmas Club

.50% 

.50%

IRA

2.00%

2.02%

 

*APY - Annual Percentage Yields

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



Time Share Certificates

Number of Months

Dividend Rate

APY*

3

.75%

.75%

6

.75%

.75%

9

.90%

.90%

12

.99%

1.00%

18

1.24%

1.25%

24

1.49%

1.50%

 

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

 

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