Rates
For Fees Click Here.
SHARE SAVINGS RATES
| SAVINGS |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| Regular Savings and Clubs |
$5 |
1.00% |
1.00% |
| Life Savings |
$5 |
.10% |
.10% |
Money Market |
$2,500 - $9,999 |
2.00% |
2.02% |
| $10,000 - 19,999 |
2.30% |
2.32% |
$20,000 - $49,999 |
2.55% |
2.58% |
$50,000 and over |
2.80% |
2.84% |
| Packaged Share Draft |
-- |
.25% |
.25% |
| IRA Shares |
$25 |
2.50% |
2.53% |
Annual Percentage Yields (APY) are subject to change monthly.
These rates are variable and are determined at the discretion of the Board of Directors.
Dividends are compounded and posted monthly. Fees could reduce earnings.
Rates shown above are for the month of April, 2008.
Savings Calculator
SHARE CERTIFICATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 12 month First Step |
$25* |
1.25% |
1.26% |
| Six-month Affordable |
$500 |
1.50% |
1.51% |
| Six-month Money Market |
$7,500 |
2.70% |
2.72% |
| 1 Year |
$5,000 |
3.00% |
3.03% |
| 2 Year |
$1,000 |
3.15 |
3.19% |
| 3 Year |
$1,000 |
3.50% |
3.55% |
| Traditional IRA, Roth IRA, and Coverdell Education Savings Account Certificate |
| 1 Year |
$2,000 |
3.25% |
3.29% |
| 3 Year |
$2,000 |
3.75% |
3.80% |
| 5 Year |
$2,000 |
4.00% |
4.06% |
Share Certificate Annual Percentage Yields (APY)
are effective 4/29/08 and are subject to change without notice.
Penalty will be imposed for early withdrawals. Share certificates are
calculated using a daily balance method and credited quarterly.
The Money Market Share Certificates are calculated using a daily balance method
and credited on the date of maturity. * Requires regular minimum monthly deposits
of $25 until maturity.
Retirement Planning Calculator
VEHICLE LOANS:
Vehicle Loans: Autos, Boats,
Recreational Vehicles, Motorcycles |
APR
AS LOW AS° |
TERM* |
| 5.25% |
Up to 35 Months |
| 5.50% |
36-47 Months |
| 5.75% |
48-59 Months |
| 6.00% |
60-71 Months |
| 7.00% |
72 Months and greater |
CALL THE CREDIT UNION AND ASK IF YOU'RE ELIGIBLE TO
REDUCE THESE RATES BY AS MUCH AS .75%!!!
At no time can the discounted loan rate be lower than the Credit Union's designated floor rate.
°APR may be higher
on personal and auto loans based on past and present credit performance.
*Terms over 72 months depend on vehicle age and loan amount.
Use our Loan Calculator or
apply on-line now!
PERSONAL LOANS:
| LOAN |
APR
AS LOW AS°: |
TERM |
| Personal |
8.95% |
Up to 48 Months |
°APR may be higher
on personal and auto loans based on past and present credit performance.
SHARE DRAFT OVERDRAFT PROTECTION:
| LOAN |
APR |
TERM |
| $5,000 Max |
15.90% |
Monthly payment is $30
per $1,000 increment due. |
Visa Credit Cards
VISA CREDIT CARDS
Annual Percentage Rate (APR)† for Purchases, Cash Advances and Balance Transfers:
11.9%-17.9% fixed APR for Visa Platinum Rewards
8.9% - 16.9% fixed APR for Visa Platinum and VISA Platinum
Share Secured
|
Default Annual Percentage Rate (APR):
Your interest rate will increase by 2% if you are delinquent for 2 consecutive billing cycles. This rate will remain in effect until the account is kept current for 6 consecutive billing cycles. |
Grace Period for Purchases:
25 days from the closing date of statement cycle to repay balance before a finance charge is assessed on purchases for VISA Platinum and VISA Platinum Reward, no grace period for VISA Platinum Share Secured
|
Method of computing purchases:
Average daily balance (including new purchases) |
Annual Fee:
$0 for Express, Concorde, Premiere50, Advantage Circle Plus Members
$25 for VISA Platinum Rewards
$0 for VISA Platinum
$0 for VISA Platinum Share Secured
|
|
Late
payment fee:
10% of the delinquent amount will be added to the account for each past due cycle that you remain past due, subject to a minimum of $1.00. VISA Platinum Rewards maximum $30.00 per cycle. VISA Platinum and VISA Platinum Share Secured maximum $25.00 per cycle.
|
|
Minimum
Finance Charge: $0.50
Cash Advance fee: None
Balance transfer fee: None
Over the credit limit fee: $10.00
|
†The Annual Percentage Rate is determined by your credit performance. Yours may be different than disclosed. The method used to determine individual rates is on file at the Credit Union. The information provided in this disclosure is accurate as of January 1, 2008. Information is subject to change. To find out what may have changed, call us at 202-366-9400 or 1-800-DOTTIE2, or write us at P.O. Box 70440, Washington, D.C. 20024-0440
Apply on-line now!
HOME EQUITY
| LOAN TYPE |
TERM
(Up to) |
APR |
MAX. LTV |
FEES |
Home Equity Line of Credit(Max. Loan $100,000)
|
up to 15 yrs. |
5.99%
variable |
80% |
Range from
$500-600* |
High Loan to Value Home Equity Line of CreditMinimum limit $5000
Maximum limit $100,000 up to 95% LTV
up to 15 yrs. |
7.24%
variable |
95%** |
Range from
$100-600* |
|
Interest-Only Home Equity Line of Credit(Max. Loan $100,000)
Draw period 7 yrs.
Repayment period 15 yrs.
|
up to 15 yrs. |
6.24%
variable |
80% |
Range from
$500-600* |
Interest-Only High Loan to Value Home Equity Line of CreditMinimum limit $5000
Maximum limit $100,000 up to 95% LTV
Draw period 7 yrs.
Repayment period 15 yrs.
|
up to 15 yrs. |
7.24%
variable |
95%** |
Range from
$100-600* |
No-Cost Home Equity Line of Credit(Max. Loan $100,000)
|
up to 15 yrs. |
6.24%
variable |
80% |
Closing Cost Paid by TFCU** |
| SECOND TRUST FIXED RATES |
TERM
(Up to) |
APR As Low As+ |
MAX. LTV |
FEES |
Non-Revolving Fixed Rate Second Trust(Max. Loan $100,000)
|
up to 5 yrs.
10 yrs.15 yrs. |
5.24%
5.74%6.24% |
80% |
Range from
$500-$600* |
No Cost - Non-Revolving Fixed Rate
Second Trust**
(Min. Loan $25,000.00)
(Max. Loan $100,000.00) |
up to 5 yrs
10 yrs
15 yrs |
6.24%
6.74%
7.24% |
80% |
Closing Cost Paid by TFCU** |
High Loan to Value
Fixed Rate Second TrustMinimum limit $5000
Maximum limit $100,000 up to 95% LTV
| Up to 5 yrs.
10 yrs. 15 yrs. |
6.74%
7.24%7.74% |
95%**
|
Loans < 50k
range from $100-$200*Loans > 50K
range from $500-$600* |
*Depending on loan amount, property location and method of valuation. Fees may include title search/insurance, recording fee/taxes, attorneys and appraisal fees.
**Loan to value based on the tax assessment or appraisal for a loan amount up to $100,000.00.
***Lender will not pay for expense associated with taxes, liens (to include lien releases) or misc. settlement expense.
These terms may change without notice. Home Equity rates are in effect from 3/18/08. Second trust rates are in effect from 3/18/08. Your rate will be locked-in at the
time of credit approval.
Late fees: 20% of the interest due will be charged on payments that are more than 15 days past due: Minimum $5, Maximum $25.
Collection Costs: You promise to pay all costs of collecting the amount you owe under any agreement signed with
Transportation Federal Credit Union including court costs and reasonable attorney fees.
MORTGAGES
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