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Rates

 

 

 

Rates  

 

 

 

 

Loan Rates

Effective February 14, 2017 -- Rates Subject to Change Daily

Vehicle LoanTermAmount FinancedRate* (APR)
Auto Loans - NewUp to 24 MonthsUp to 100%As Low As 1.99%
Auto Loans - NewUp to 36 MonthsUp to 100%As Low As 2.15%
Auto Loans - NewUp to 48 MonthsUp to 100%As Low As 2.25%
Auto Loans - NewUp to 60 MonthsUp to 100%As Low As 2.25%
Auto Loans - NewUp to 72 MonthsUp to 100%As Low As 2.49%
Auto Loans - NewUp to 84 MonthsUp to 100%As Low As 3.24%
Auto Loans - UsedUp to 36 MonthsUp to 100%As Low As 2.25%
Auto Loans - UsedUp to 48 MonthsUp to 100%As Low As 1.99%
Auto Loans - UsedUp to 60 MonthsUp to 100%As Low As 2.49%
Auto Loans - UsedUp to 72 MonthsUp to 100%As Low As 3.40%
Auto Loans - Older UsedUp to 60 MonthsUp to 100%As Low As 5.75%
Boat Loans - NewUp to 60 MonthsUp to 85%As Low As 5.90%
Boat Loans - UsedUp to 48 MonthsUp to 75%As Low As 5.90%
RV Loans - NewUp to 60 MonthsUp to 85%As Low As 7.90%
RV Loans - UsedUp to 60 MonthsUp to 75%As Low As 7.90%
MotorcyclesCall for DetailsCall for DetailsAs Low As 7.00%
Other VehiclesCall for DetailsCall for DetailsAs Low As 7.00%

*Your Annual Percentage Rate (APR) is based on credit worthiness and term of the loan and could be higher than the stated rate. All rates and terms are subject to change without notice. Existing Powerco automobile loans not eligible for refinancing at these rates, terms or discounts. For complete details, contact a Powerco Loan Officer.

Credit Card Rates

Credit CardAnnual FeePurchase Grace PeriodRate (APR)
VISA ClassicNo Annual Fee25-Day Grace Period13.75%*
VISA Gold*No Annual Fee25-Day Grace Period10.40%*

*Variable rate effective March 1, 2017 and subject to change monthly. The APR is determined by adding 6.65% to the highest Prime Rate published on the first business day of the previous month in the "Wall Street Journal" Money Rates column. Complete disclosures available upon request. Subject to credit approval.

Mortgage Loan Rates

Mortgage LoanPointsRateAPR*
30-Year Fixed Rate0 PointsAs Low As 4.375%As Low As 4.534%
20-Year Fixed Rate0 PointsAs Low As 4.125%As Low As 4.349%
15-Year Fixed Rate0 PointsAs Low As 3.500%As Low As 3.773%
10-Year Fixed Rate0 PointsAs Low As 3.500%As Low As 3.895%
FHA 30-Year Fixed Rate0 PointsAs Low As 4.125%As Low As 5.413%
Jumbo 30-Year Fixed Rate0 PointsAs Low As 4.875%As Low As 4.990%
Jumbo 15-Year Fixed Rate.375 PointsAs Low As 4.375%As Low As 4.627%
5/1 Adjustable Rate0 PointsAs Low As 3.250%As Low As 3.969%
7/1 Adjustable Rate0 PointsAs Low As 3.500%As Low As 3.987%

*Rates effective  March 23, 2017 Rates are subject to change at any time until you apply and "lock-in" a rate. A 1% origination fee applies. Quote above is based on 80% loan-to-value with a credit score of 740 and above. Your actual rate may be different as many factors go into providing you with a mortgage loan. Rates and points vary for loan amounts exceeding $424,100 and/or investment property loans. Subject to credit approval. NMLS# 762143

Home Equity Loan Rates

Home Equity LoansLoan to ValueRate (APR)
Performance Equity PrimeUp to 90%5.00%
Performance Equity Prime PlusUp to 100%5.00%

*Variable rate effective January 1, 2017 and subject to change quarterly. The minimum Annual Percentage Rate that can apply is currently  5.00% APR. Subject to credit approval. Consult a tax advisor regarding the deductibility of interest. Please contact a Mortgage Loan Officer for program and disclosure details. Home Equity Loans available in Georgia and Mississippi only. NMLS# 762143

Personal Loan Rates

LoanRate (APR)
Prestige Line of CreditAs Low As *13.50%
Personal LoansAs Low As 8.50%
Share Covered LoansAs Low As 3.00%

*Subject to change quarterly. Approval, and any rates and terms provided, are based on credit worthiness. Full disclosures available upon request.

Savings and Checking Rates

March 17, 2017

Account DescriptionMinimum Deposit to OpenAPY
Share Savings Account*$5.00.05%*
Secondary Share Savings Account*$5.00.05%*
Christmas Club Account**$25.00.05%**

*A $5 minimum opening deposit is required to open a Share Savings Account or Secondary Share Savings Account. A minimum daily balance of $250 required to earn this APY. Dividends are compounded daily on the total balance in the account.

**A $25 minimum opening deposit is required to open a Christmas Club Account, and there is no minimum balance requirement to earn this APY. Dividends are compounded daily on the total balance in the account.

Money Market Account Rates

APY
Tier 6$250,000 & Above.10% APY*
Tier 5$150,000 - $449,999.10% APY*
Tier 4$50,000 - $149,999.08% APY*
Tier 3$15,000 - $49,999.05% APY*
Tier 2$2,500 - $14,999.03% APY*
Tier 1$0 - $2,499.00% APY*

There is only a $2,500 minimum deposit requirement to open an account and to earn above market interest rates. Dividends are compounded monthly.

*Fees or other conditions may reduce the dividends paid on the accounts listed above. Rates on the above variable rate accounts are prospective and subject to change after the accounts are opened.

PowerChek Checking Account Rate

Account DescriptionMinimum Deposit to OpenAPY
PowerChek Checking$50.00.05%

A $50 minimum opening deposit is required, and there is no minimum balance requirement to earn this APY. Dividends are compounded daily on the total balance in the account.

*Fees or other conditions may reduce the dividends paid on the accounts listed above. Rates on the above variable rate accounts are prospective and subject to change after the accounts are opened.

Compare all of your credit union checking choices.

Share Certificate Account Rates

TermMinimum BalanceAPY
60 Months$5000.95%
48 Months$5000.75%
36 Months$5000.65%
30 Months$5000.55%
24 Months$5000.45%
18 Months$5000.35%
12 Months$5000.25%
6 Months$5000.20%
91 Days$2500.05%
31 Days$5000.05%

A penalty will be imposed for early withdrawal.

IRA Rates

TermMinimum BalanceAPY
60 Months$5000.95%
48 Months$5000.80%
36 Months$5000.70%
30 Months$5000.60%
24 Months$5000.50%
18 Months$5000.40%
12 Months$5000.30%

A penalty will be imposed for early withdrawal.

 

NCUA

This credit union is federally insured by the National Credit Union Administration.

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS# 762143

Equal Housing Lender