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Rates

 

 

 

Rates  

 

 

 

 

Loan Rates

Effective December 1, 2019 -- Rates Subject to Change Daily

Vehicle LoanTermAmount FinancedRate* (APR)
Auto Loans - NewUp to 24 MonthsUp to 100%As Low As 2.74%
Auto Loans - NewUp to 36 MonthsUp to 100%As Low As 2.90%
Auto Loans - NewUp to 48 MonthsUp to 100%As Low As 3.00%
Auto Loans - NewUp to 60 MonthsUp to 100%As Low As 3.25%
Auto Loans - NewUp to 72 MonthsUp to 100%As Low As 3.49%
Auto Loans - NewUp to 84 MonthsUp to 100%As Low As 3.84%
Auto Loans - UsedUp to 36 MonthsUp to 100%As Low As 2.49%
Auto Loans - UsedUp to 48 MonthsUp to 100%As Low As 3.25%
Auto Loans - UsedUp to 60 MonthsUp to 100%As Low As 3.49%
Auto Loans - UsedUp to 72 MonthsUp to 100%As Low As 3.90%
Auto Loans - Older UsedUp to 60 MonthsUp to 100%As Low As 6.25%
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 Period11.65%*

*Variable rate effective December 1, 2019 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. APR = Annual Percentage Rate


Mortgage Loan Rates

Mortgage LoanPointsRateAPR*
10-Year Fixed Rate0 PointsAs Low As 3.250%As Low As 3.489%
15-Year Fixed Rate0 PointsAs Low As 3.375%As Low As 3.541%
20-Year Fixed Rate0 PointsAs Low As 3.625%As Low As 3.755%
30-Year Fixed Rate0 PointsAs Low As 3.750%As Low As 3.884%
Jumbo 30-Year Fixed Rate0 PointsAs Low As 4.000%As Low As 4.072%
Jumbo 15-Year Fixed Rate0 PointsAs Low As 3.625%As Low As 3.752%

*Rates effective December 11, 2019 . 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 $484,350.00 and/or investment property loans. Subject to credit approval. NMLS# 762143 APR = Annual Percentage Rate


Home Equity Loan Rates

Home Equity LoansLoan to ValueRate (APR)
Performance Equity Prime Line of Credit, Variable RateUp to 90%5.250%*
Performance Equity Prime Plus Line of Credit, Variable RateUp to 100%5.750%*
Home Equity Loan, Fixed RateUp to 80%4.875%**
Home Equity Loan, Fixed RateUp to 90%5.125%**

Home Equity Line of Credit:
*Variable rate effective December 10, 2019. The minimum Annual Percentage Rate (APR) that can apply is 5.00% APR. A rate of only .50% over Prime applies to those loans that are greater than 90% loan-to-value. Home equity loans available for up to 100% of the equity in your home. The maximum loan amount available will vary depending upon the home equity program chosen. The maximum loan amount available is $100,000.00. Minimum loan amount is $3,000.00. Financing is available on a single family detached owner occupied dwelling. Loans available in Georgia and Mississippi only. Consult a tax advisor regarding the deductibility of interest. All loans are subject to credit approval. Certain restrictions and limitations may apply. For complete details, see the Home Equity Disclosure Statement within the application or contact a Mortgage Loan Officer. NMLS# 762143 APR = Annual Percentage Rate

Home Equity Loan:
**Fixed rate effective December 10, 2019. Home equity loans available for up to 90% of the equity in your home. The maximum loan amount available will vary depending upon the home equity program chosen. The maximum loan amount available is $100,000.00. Minimum loan amount is $10,000.00. APR quote is based on a loan amount of $50,000.00. Rates posted are for credit scores of 700+. If score falls below 700, add .50% to the rate posted. Minimum score that applies is 620. Estimated closing costs $1,000.00. Financing is available on a single family detached owner occupied dwelling. Loans available in Georgia and Mississippi only. Consult a tax advisor regarding the deductibility of interest. All loans are subject to credit approval. Certain restrictions and limitations may apply. For complete details, contact a Mortgage Loan Officer. NMLS# 762143 APR = Annual Percentage Rate


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%

*Variable rate effective December 10, 2019 and subject to change quarterly. Approval, and any rates and terms provided, are based on credit worthiness. Full disclosures available upon request. APR = Annual Percentage Rate

 

Savings and Checking Rates

Effective December 1, 2019 -- Rates Subject to Change Daily

Account DescriptionMinimum Deposit to OpenAPY*
Share Savings Account*$5.00.15%*
Secondary Share Savings Account*$5.00.15%*
Christmas Club Account**$25.00.15%**

*A $5.00 minimum opening deposit is required to open a Share Savings Account or Secondary Share Savings Account. A minimum daily balance of $250.00 is required to earn this APY. Dividends are compounded daily on the total balance in the account. APY = Annual Percentage Yield

**A $25.00 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. APY = Annual Percentage Yield


Money Market Account Rates

APY*
Tier 6$250,000 & Above.10% APY*
Tier 5$150,000 - $249,999.10% 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 $2,500.00 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. APY = Annual Percentage Yield

 

PowerChek Checking Account Rate

Account DescriptionMinimum Deposit to OpenAPY*
PowerChek Checking$50.00.05%


A $50.00 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. APY = Annual Percentage Yield

Compare all of your credit union checking choices.


Share Certificate Account Rates

TermMinimum BalanceAPY*
60 Months$5002.15%
48 Months$5002.10%
36 Months$5002.05%
30 Months$5002.00%
24 Months$5001.95%
18 Months$5001.90%
12 Months$5001.85%
6 Months$5001.50%
91 Days$2500.40%
31 Days$5000.40%

*A penalty will be imposed for early withdrawal. APY = Annual Percentage Yield


IRA Rates

TermMinimum BalanceAPY*
60 Months$5002.15%
48 Months$5002.10%
36 Months$5002.05%
30 Months$5002.00%
24 Months$5001.95%
18 Months$5001.90%
12 Months$5001.85%

*A penalty will be imposed for early withdrawal. APY = Annual Percentage Yield

 

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