Rates
For Fees Click Here.
PRIVATE STUDENT LOAN SOLUTIONS
Click here for current rates on our Student Choice private student loan solutions.
SHARE SAVINGS RATES
All rates below are effective as of January 2, 2012.
| SAVINGS |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| Regular Savings and Club Accounts |
$5 |
.20% |
.20% |
| Life Savings Accounts |
$5 |
.10% |
.10% |
Money Market Accounts |
$2,500 - $9,999 |
.30% |
.30% |
| $10,000 - 19,999 |
.40% |
.40% |
$20,000 - $49,999 |
.50% |
.50% |
$50,000 and over |
.60% |
.60% |
| Convenience & On the Move Checcking Accounts |
No minimum required |
.10% |
.10% |
| Traditional and Roth IRA and Coverdell Education Savings Account |
$25 |
.55% |
.55% |
Share savings rates are variable and are declared monthly by the Board of Directors. Rates shown are the most recent as of the
above effective date. Dividends are paid and compounded monthly, and are calculated using the daily balance method, which
applies a daily periodic rate to the balance in the account each day. Please refer to our Truth in Savings disclosure for further details.
Fees could reduce earnings.
Savings Calculator
SHARE CERTIFICATE RATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 12 month First Step |
$25* |
.20% |
.20% |
| Six-month Affordable |
$250 |
.30% |
.30% |
| Six-month Money Market |
$1,000 |
.55% |
.55% |
| 1 Year Certificate |
$1,000 |
.90% |
.90% |
| 2 Year Certificate |
$1,000 |
1.25% |
1.26% |
| 3 Year Certificate |
$1,000 |
1.55% |
1.56% |
| 4 Year Certificate |
$1,000 |
1.90% |
1.91% |
| 5 Year Certificate |
$1,000 |
2.25% |
2.27% |
*Requires regular minimum monthly deposits of $25.00 until maturity date.
TRADITIONAL, COVERDELL EDUCATION SAVINGS & ROTH IRA CERTIFICATE RATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 1 Year Certificate |
$1,000 |
1.15% |
1.16% |
| 2 Year Certificate |
$1,000 |
1.50% |
1.51% |
| 3 Year Certificate |
$1,000 |
1.90% |
1.91% |
| 4 Year Certificate |
$1,000 |
2.15% |
2.16% |
| 5 Year Certificate |
$1,000 |
2.50% |
2.52% |
JUMBO SHARE CERTIFICATE RATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 1 Year Jumbo Certificate |
$100,000 |
1.00% |
1.00% |
| 2 Year Jumbo Certificate |
$100,000 |
1.35% |
1.36% |
| 3 Year Jumbo Certificate |
$100,000 |
1.65% |
1.66% |
| 4 Year Jumbo Certificate |
$100,000 |
2.00% |
2.01% |
| 5 Year Jumbo Certificate |
$100,000 |
2.35% |
2.37% |
JUMBO TRADITIONAL & ROTH IRA CERTIFICATE RATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 1 Year Jumbo Certificate |
$100,000 |
1.25% |
1.26% |
| 2 Year Jumbo Certificate |
$100,000 |
1.60% |
1.61% |
| 3 Year Jumbo Certificate |
$100,000 |
2.00% |
2.01% |
| 4 Year Jumbo Certificate |
$100,000 |
2.25% |
2.27% |
| 5 Year Jumbo Certificate |
$100,000 |
2.60% |
2.62% |
Rates are subject to change without notice. Dividends on all Share Certificates and Jumbo Share Certificates, including IRA
Share Certificates, are calculated using the daily balance method, which applies a daily periodic rate to the balance in the account
each day. Dividends on Six month Affordable and Money Market certificates are paid at maturity. Dividends on all other types of
certificate accounts are paid and compounded quarterly, with final payment at maturity. Penalty will be imposed for early withdrawals.
Fees could reduce earnings. See certificate disclosure for details.
Jumbo Rates do not apply to Coverdell Education Savings Accounts.
Retirement Planning Calculator
VEHICLE LOANS
|
Annual Percentage Rate
(APR) As Low As: |
Relationship Packaged Account
Annual Percentage Rate
(APR) As Low As: |
Term* |
Vehicle Loans: Autos, Boats, RVs & Motorcycles
100% financing upon approved credit |
2.49% |
2.24% |
Up to 36 Months |
| 2.74% |
2.49% |
37-48 Months |
| 2.99% |
2.74% |
49-60 Months |
| 3.24% |
2.99% |
61-72 Months* |
| 4.24% |
3.99% |
73 Months and greater* |
At no time can the discounted rate be lower than the Credit Union's designated floor rate. APR may be higher based on past and present credit performance.
*Terms over 61 months depend on vehicle age and loan amounts.
Use our Loan Calculator or
apply on-line now!
PERSONAL LOANS
|
Annual Percentage Rate
(APR) As Low As: |
Relationship Packaged Account
Annual Percentage Rate
(APR) As Low As: |
Term* |
Personal |
7.45% |
7.20% |
Up to 48 Months |
SHARE DRAFT OVERDRAFT PROTECTION:
| LOAN |
APR |
TERM |
| $5,000 Max |
15.90% |
Monthly payment is $30
per $1,000 increment due. |
Apply on-line now!
VISA CREDIT CARDS
Apply on-line now!
| VISA Platinum Cards |
Interest Rates and Interest Charges: |
ANNUAL PERCENTAGE RATE
for Purchases |
VISA Platinum Rewards – 11.90%
- 17.90%(1)
VISA Platinum – 8.90%- 16.90% (1)
VISA Platinum Share Secure Non-Rewards –8.90% - 16.90%
(1) |
ANNUAL PERCENTAGE RATE
for Balance Transfers |
VISAPlatinum Rewards - 11.90%- 17.90%(1)
VISA Platinum - 8.90%- 16.90%(1)
VISA Platinum Share Secure Non-Rewards -
8.90% - 16.90%(1) |
|
ANNUAL PERCENTAGE RATE
for Cash Advances |
VISAPlatinum Rewards - 11.90% - 17.90%(1)
VISA Platinum - 8.90% - 16.90%(1)
VISA Platinum Share Secure Non-Rewards -8.90% - 16.90%(1) |
| Penalty
APR and When it Applies |
Up to 2.00% above your Annual Percentage
Rate.
This APR may be applied to your account if you are 60 days past due in making a payment.
How Long Will the Penalty APR Apply?
The Penalty APR will apply until you make six consecutive minimum payments when due. |
| How to Avoid Paying Interest |
Your due date is at least 25 days after the close of each billing cycle. We will not charge interest on purchases made with your VISA Platinum or VISA Platinum Rewards card if you pay for your entire balance by the due date each month. Interest is charged on all cash advances and balance transfers,and on all VISA Platinum Share Secured transactions,beginning on the transaction date. |
| Minimum Interest Charge |
$0.50 |
For Credit Card Tips From
The Federal Reserve Board |
To learn about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at www.federalreserve.gov/creditcard. |
VISA
Platinum Cards
Fees |
Annual
Fees
Annual Fee
|
Visa
Platinum Rewards - $25.00
Visa Platinum and VISA Platinum Share
Secured – None |
Transaction
Fees
Cash
Advance & Balance Transfers
|
None
1% of each transaction in U.S. dollars |
Penalty
Fees
Late Payment
Returned Payment Fee
|
If you are 20 or more days late in making
a payment, a late charge will be added to the account for each cycle that you remain past due, subject to a minimum of $1.00 up to a maximum of strong>$25.00,
and up to $35.00 for a second occurrence within 6 months. Up to $25.00 for any payment returned,and up to $35.00 for any additional payments returned
within 6 months. |
How We Will Calculate Your Balance: We us a method called *Average Daily Balance (including new purchases)*.
(1) The Annual Percentage Rate is determined by your credit performance. The method used to determine individual rates is on file at the Credit Union.
The information provided in this disclosure is accurate as of the date indicated above. The information may have changed after that date. To find out what may have changed call us at 202-366-9400, 800-368-8432, or write to us at P.O. Box 70440, Washington, D.C. 20024-0440. Before we approve you for a credit card, we will review your credit report and the information you provide with your application. The full terms and conditions will be outlined in the Credit Card Agreement and Disclosure which you will receive prior to using your card(s).
HOME EQUITY
| LOAN TYPE |
TERM
(Up to) |
APR |
MAX. LTV |
FEES |
Home Equity Line of CreditMaximum Limit $100,000
|
Draw Period-15 yrs.Repayment Period-15 yrs. |
3.74%
variable rate |
80% |
Fee generally range from
$100-1,200* |
High Loan-to-Value Home Equity Line of CreditMinimum limit $5,000
Maximum limit $250,000 up to 100% LTV
Draw Period-15 yrs.Repayment Period-15 yrs. |
4.99%
variable rate |
100%** |
Loans < $50k
Fees range from $100-$600*Loans > $50K
Fees range from $500-$1,200* |
|
No-Cost Home Equity Line of CreditMinimum limit Loan $25,000
Maximum limit $100,000
Draw Period-15 yrs.Repayment Period-15 yrs. |
3.99%
variable rate |
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 TrustMaximum Loan $100,000
|
5 yrs.
10 yrs.15 yrs. |
4.24%
4.74%5.24% |
80% |
Loans < $50k
Fees range from $100-$600*Fees generally range from
$500-$1,200* |
No Cost - Fixed Rate Second Trust
Mininum Loan $25,000
Maximum Loan $100,000 |
5 yrs.
10 yrs.
15 yrs. |
5.24%
5.74%
6.24% |
80% |
Closing Cost Paid by
TFCU*** |
High Loan-to-Value
Fixed Rate Second TrustMinimum limit $5,000
Maximum limit $250,000 up to 100% LTV
| 5 yrs.
10 yrs. 15 yrs. |
5.74%
6.24%6.74% |
100%**
|
Loans < $50k
Fees range from $100-$600*Loans > $50K
Fees generally range from
$500-$1,200* |
Rates are subject to change without notice.
+ At no time can the discounted loan rate be lower than the Credit Union’s designated floor rate. APR may be higher based on past and present credit performance.
* Depending on the loan amount, property location and method of valuation. Additional 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 $250,000. Some restrictions apply for the maximum LTV of 100%, not all members/property will qualify. Program is not available in Hawaii or Alaska.
*** Lender will not pay for expense associated with taxes, liens (to include lien releases) or misc. settlement expense. Program includes 24-month early payoff restrictions. These terms are subject to change without notice. Your rate will be locked-in at the time of credit approval.
Late Fees: If your payment is more than 15 days late, we may charge you 5% of the payment or $25.00 whichever is greater. Fees may vary depending on the location of the property.
Collection Costs: You promise to pay all costs of collecting the amount you owe under any agreement signed by Transportation Federal Credit Union including court costs and reasonable attorney fees.
To apply, call 800-DOTTIE2 (368-8432), 202-366-9400 or apply online.
MORTGAGES
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