Rates - Library of Congress Federal Credit Union

OCTOBER 1, 2016
Share Account*
Share Certificate***
APR
APY
Share Savings
0.10%
(Includes Holiday & Vacation Savings)
0.10%
IRA Share Savings
0.25%
0.25%
(Includes Traditional, Roth & Education)
APR
0.05%
APR
0.60%
0.60%
12-17 Months
1.00%
1.00%
18-23 Months
1.05%
1.06%
1.16%
APY
0.05%
48-59 Months
1.70%
1.71%
60 Months
2.00%
2.02%
APY
$20,000 to 74,999.99
0.30%
0.30%
$2,500 to $19,999.99
0.20%
0.20%
Monthly Dividend Certificate*
($5,000 minimum balance required)
1.20%
6-11 Months
1.46%
0.40%
24 Months
0.30%
1.15%
0.40%
APR
APY
0.30%
1.45%
$75,000 and above
Type & Term
APR
3-5 Months
36-47 Months
Money Market Share Account**
Account Balance
Type & Term
24-35 Months
Share Draft Checking*
(No minimum balance; no monthly
or per item fees)
($500 minimum balance required)
APY
1.21%
Traditional, Roth, SEP & Education IRA Certificate***
($1,000 minimum balance required)
Type & Term
APR
APY
12-17 Months
1.05%
1.06%
18-23 Months
1.10%
1.11%
24-35 Months
1.20%
1.21%
36-47 Months
1.50%
1.51%
48-59 Months
1.75%
1.77%
60 Months
2.05%
2.07%
APR = Annual Percentge Rate APY = Annual Percentage Yield
*Computed daily from the day of deposit to the day of withdrawal, paid and compounded monthly.
**Computed daily from the day of deposit to the day of withdrawal, compounded daily and paid monthly.
***Computed daily from the day of deposit to the day of withdrawal, paid and compounded quarterly.
Compare Our Rates & Earn More
Library of Congress FCU
Bank of America
Citibank
PNC Bank
Wells Fargo
Savings
Checking
MMA
0.10% APY
0.01% APY
0.01% APY
0.01% APY
0.01% APY
0.05% APY
0.01% APY
0.03% APY
0.01% APY
0.01% APY
0.40% APY
0 .03% APY
0.08% APY
0.15% APY
0.05% APY
1 Yr CD****
1.00% APY
0.07% APY
0.15% APY
0.15% APY
0.05% APY
5 Yr CD****
2.02% APY
0.15% APY
0.50% APY
0.66% APY
0 .35% APY
****LCFCU offers IRA Certificate rates which exceed these stated rates. Comparison rates are based on data retrieved from
SNL FINANCIAL and are provided as of September 19, 2016. Rates are subject to change without notice.
APR = Annual Percentge Rate
APY = Annual Percentage Yield
OCTOBER 1, 2016
Personalized Lending
Vehicles, New and Used
Autos, trucks, SUVs, motorcycles,
boats, RVs and motorhomes
Up to 144 months
Real Estate
Annual Percentage Rate*
1.35% - 15.00%**
Second Chance Refinance
Refinance your new vehicle currently financed
at another institution at our competitive rates.
1.35% - 15.00%**
Up to 144 months
Personal
Annual Percentage Rate*
Unsecured loans for education, home improvements,
taxes, debt consolidation and other purposes
Up to $50,000 for
8.10% - 18.00%**
as long as 60 months
First Mortgage
Annual Percentage Rate
3-Year Adjustable, No Points
(Call for daily rates and terms)
Fixed Rate, 5/1 & 7/1
(Call for daily rates and terms)
Second Trust
Annual Percentage Rate
Fixed Rate (90% appraised value less first trust)
60 months
120 months
180 months
Home Equity Line-of-Credit
Six - Month Introductory
up to 80% of value
up to 90% of value
up to 100% of value
4.50%
5.50%
5.75%
Annual Percentage Rate
Rate
$100,000 plus
up to $100,000
up to $50,000 Prime† + 0
Prime† + 0
Prime† + 0
Wall Street Journal current prime rate
†
Up to $10,000
(Rates may adjust quarterly)
Annual Percentage Rate*
6.00% - 14.20%
*Your Personalized Lending credit decision will be based on your
overall credit worthiness.
Personal, Vehicle and FHA Home Improvement rates may be
eligible for discounts based on the following criteria:
Eligible Discount Criteria
When you sign up for or use:
Free Checking w/Direct Deposit
Free eStatements
Visa Credit Card
Rate Discount
0.25% APR
0.25% APR
0.25% APR
Maximum rate discount on any individual loan is 0.50%. At no time will the rate
combined with applicable discounts go below the designated floor rate.
Loan Payment Protection plans are available for all loans at a nominal cost. This
coverage is not required to qualify for any loan.
FHA Home Improvement
Annual Percentage Rate
Up to $7,500
36 months
48 months
60 months
7.50%**
8.00%**
8.50%**
Other Loans
VISA Credit Card
Annual Percentage Rate
StretchPay
PayDay Alternative
Savings Secured
Share 60 Months (to balance)
Certificate Term (to balance)
APR = Annual Percentage Rate
All rates are subject to change without notice
Annual Percentage Rate
18.00%
Annual Percentage Rate
Dividend Rate + 3.00%
Dividend Rate + 3.00%