Savings Rates
Effective April 18, 2008
All accounts at Citizens Credit Union are insured up to
$100,000 by the NCUA, an agency of the Federal Government.
|
Certificates of Deposit |
RATE |
APY* |
RATE |
APY* |
PENALTY FOR
EARLY WITHDRAWAL |
|
(Regular &
IRA CDs) |
$500 - $24,999 |
$25,000+ |
|
| 3 Month |
1.78% |
1.80% |
1.78% |
1.80% |
90 Day |
| 6 Month |
2.72% |
2.75% |
2.72% |
2.75% |
90 Day |
| 12 Month |
2.72% |
2.75% |
2.72% |
2.75% |
180 Day |
| 18 Month |
2.72% |
2.75% |
2.72% |
2.75% |
180 Day |
| 24 Month |
2.72% |
2.75% |
2.72% |
2.75% |
180 Day |
| 30 Month |
2.72% |
2.75% |
2.72% |
2.75% |
180 Day |
| 36 Month |
3.20% |
3.25% |
3.20% |
3.25% |
180 Day |
| 48 Month |
3.45% |
3.50% |
3.45% |
3.50% |
180 Day |
| 60 Month |
3.69% |
3.75% |
3.69% |
3.75% |
180 Day |
|
All Certificate of Deposit are compounded monthly A minimum balance of $500 is required on all CD accounts to earn interest |
*APY is annual percentage yield.
Seven day grace period for automatic renewal. Interest is paid monthly.
Contact Member Services at (269) 381-1938, option 2 for more information.
Penalty applies on early withdrawal and is charged only on amount withdrawn.
Penalty amount will not exceed total interest earned since issuance.
|
VARIABLE RATE |
RATE |
APY* |
COMPOUND |
| $1,000-$10,000 |
1.24% |
1.25% |
Earned daily, paid monthly |
| $10,000-$25,000 |
1.49% |
1.50% |
Earned daily, paid monthly |
| $25,000-$50,000 |
2.23% |
2.25% |
Earned daily, paid monthly |
| $50,000+ |
2.47% |
2.50% |
Earned daily, paid monthly |
| IRA |
1.49% |
1.50% |
Earned daily, paid monthly |
|
*APY is annual percentage yield.
Loan Rates
Effective April 1, 2008
All rates are stated in annual percentage rates. The rates are as low as the rates
disclosed depending upon credit history and application.
Your rate may be higher.
|
CONSUMER LOANS |
|
LOAN TYPE |
TERM |
Rate as low as: |
|
Automobiles (2007-2008) up to NADA trade in.
(100% Financing -add 1/2%) |
36-48 month |
5.75% |
| 60 months |
5.99% |
| 72 month - Some restrictions apply |
6.99% ($25,000+) |
|
Automobiles (2004-2006)
(100% Financing -add 1/2%) |
0-48 months |
5.99% |
| 60 months |
6.49% |
|
Miscellaneous Collateral
(90% Loan To Value) |
36 month |
7.49% |
| 48 month |
7.99% |
| 60 month |
8.49% |
|
Minimum $25,000 |
72 month |
8.99% |
|
Minimum $25,000 |
180 month |
9.49% |
| Unsecured Any Purpose |
36 month |
9.99% |
| 48 month |
10.99% |
|
60 month |
11.99% |
|
Home Improvement (Unsecured) |
36 month |
8.49% |
| 48 month |
8.99% |
| 60 month |
9.49% |
| Educational Loans 1-60 months |
8.75% |
| |
|
|
OTHER LOANS |
| Easy Money Line of Credit |
13.95% |
| Share Secured Loans |
3.00% above current share rate, 1-48 mos. |
| 4.00% above current share rate, over 48 mos. |
| Certificate Secured |
3.00% above certificate rate, term equal to CD |
|
"L" Line of Credit |
*9.90% |
|
REAL ESTATE LOANS* |
|
FIRST MORTGAGE - Call Citizens
to discuss numerous options |
5 year and balloon
61-180 months
181-360 months |
6.25%
6.75%
7.50% |
| VACANT LAND |
1-60 Months
5 Year Balloon |
9.00% |
| MOBILE HOME |
Check with Credit Union for current rates |
|
|
*Loan up to 100% of SEV is available for owner occupied properties.
Loan up to 80% of SEV is available. |
|
HOME EQUITY LOANS* |
| 5 year balloon $200 Application Fee |
6.50% Fixed |
| 61-180 months |
7.00% Fixed |
| 181-240 months |
7.50% Fixed |
|
|
HOME EQUITY LINE OF CREDIT* |
| As low as Wall Street Journal Prime rate published at the first of the month |
Wall Street Journal Prime as the first of the month as low as 6.00% |
All rates are stated in annual percentage rates.
The rates are as low as the rates disclosed depending upon credit history and application.
Your rate may be higher.
TERM LOANS - maximum 1 year, rate determined by collateral, verified source of repayment required.
Click Here For Our Calculators
Fee Schedule
Effective March 1, 2008
Citizens Credit Union is committed to providing the highest
quality products and the best possible services to our members.
The following fee information is provided as proof of our commitment.
Our low fees are just one of the many benefits of credit union membership.
|
|
| Monthly Maintenance Fee |
No fee |
| Personal Checks |
Call for current prices, or reorder checks online |
Automatic transfer from savings to
cover overdraft or Easy Money Line of Credit |
$5 per transfer |
| NSF Overdraft Charge (checks, ACH, debit card) |
$29 per item |
| Stop Payment Fee (paper and ACH) |
$25 per item |
| NSF Deposited or Cashed |
$5 per item |
| Copy of Statement |
$3 per month
(View last 12 mo. with free e-statements) |
| Copy of Check Written |
$5 per item
(View 90 days of checks - free on HFS Online Banking) |
| Current Transaction History |
$5 per printout |
| Copy of Check Deposited |
$5 per item |
| Balance Checking Account |
$20 per visit |
| Interest Bearing Checking Account |
$5 per month if balance is less than $500.00 |
| Business Checking Account |
$5 per month |
|
Note: Checks may be cleared the same day they are written.
All overdraft checks are returned to the last endorser. |
|
ATM & DEBIT CARD |
|
ATM Transactions: Withdrawals, transfers, and
inquiries on non-Citizens ATM machines |
$1.00 each (First three per month are free) |
| Debit Point-of-Sale Usage |
No fee |
| Replacement Card or Change PIN |
$5 per request |
| Rush Order on Plastic Card |
$15 per card |
| Debit Card Chargeback |
$25 per request |
|
|
| Loan Payment Late Fee |
$20 per month |
| Real Estate Loan Late Fee |
5% of payment amount (Charged on the 15th day) |
| Subordination Document Fee |
$50 |
| Land Contract |
$3 per month |
| Home Equity Line of Credit |
No fee |
| Home Equity Loan |
$200 per application |
|
|
| Gift Cards |
$3.00 per card |
|
|
| Immediate Credit Fee |
1% of amount of check(s) being cashed, minimum $3 |
|
* Does not apply if member has an existing $200 on deposit in the account or if he/she has a loan in good standing.
* There is no fee if the check is deposited and the member agrees to a hold being placed on the check,
as stipulated by Government Regulation CC.
* Checks drawn on the City of Kalamazoo, Kalamazoo County, or municipalities within Kalamazoo County,
and Citizens Credit Union are exempt from fee. |
|
|
| IRA Annual Fee |
No fee |
| Outgoing Wire Transfer |
$20 per wire |
| International Wire Transfer |
$35 per wire |
| Money Orders |
$1 per money order (each money order cannot exceed $999.99) |
| Cashier's Check |
$2 per check when payable to third party |
| Traveler's Checks |
No fee for one signer
1% of check amount for two signers |
| Account Closing Fee |
$10 per account (only if closed within six months of opening) |
| Outgoing Fax |
$1 per visit |
| Copy Machine Copies |
$0.10 per page copy |
| Notary Service |
No fee for members; $1.00 per document for non-members |
| Western Union |
$5 per wire (Quick Cash Fee also applies) |
| Telephone Transfer Receipt |
$1.00 per transaction |
|
Inactive Account Fee
(After one year of inactivity with less than a
$300 balance, age 18+) |
$10 per account per quarter |
| Garnishments, Levies, Court Orders |
$50 per account |
| Returned Mail |
$2.50 per item |
| Stop Payment Fee on Credit Union check |
$25 per item |
| Escheats: Research & Notification |
$50 per account |
*Fees are subject to change at anytime per Board of Directors' approval.
|
