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Rates |
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SAVINGS |
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Offering |
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Interest Rate |
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APY** |
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Shares
Shares with Life Savings
IRA Share Acct |
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1.00%
0.00%
1.00% |
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1.00%
0.00%
1.00%
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Minimum opening balance $5.00 Interest compounded quarterly
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Certificate of Deposit |
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Offering |
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Interest Rate |
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APY**
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3 Month CD^
6 Month CD
12 Month CD
24 Month CD
|
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2.23%
2.23%
2.23%
2.48% |
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2.25%
2.25%
2.25%
2.50%
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Minimum $500.00 Balance ^ Interest paid at maturity, others paid quarterly
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Type Maximum Loan Conditions APR* Repayment Term |
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Current Loan Rates and Conditions
April 1, 2008 |
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SECURED $50,000 2005-2008 Autos, Boats, Cycles, Snowmobiles, ATV’s, RV’s, & Personal Watercraft * Good on new loans to the Credit Union (not refinances of current ACECU loans) |
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FINANCED 95% of Retail Value FINANCED 95% of Retail Value FINANCED 95% of Retail Value FINANCED 95% of Retail Value FINANCED 95% of Retail Value
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5.25% * 5.50% * 5.75% * 6.00% * 6.50% *
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24 MONTHS 36 MONTHS 48 MONTHS 60 MONTHS 72 MONTHS |
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SECURED $50,000 2001-2004 Autos, Boats, Cycles, Snowmobiles, ATV’s, RV’s & Personal Watercraft
|
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FINANCED 85% of Retail Value FINANCED 85% of Retail Value FINANCED 85% of Retail Value |
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5.50% * 5.75% * 6.00% * |
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36 MONTHS 48 MONTHS 60 MONTHS |
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SECURED $50,000 2000-Older Autos, Boats, Cycles, Snowmobiles, ATV’s, RV’s & Personal Watercraft |
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FINANCED 75% of Retail Value FINANCED 75% of Retail Value |
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6.75% * 6.75% * |
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36 MONTHS 48 MONTHS
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SIGNATURE LOANS $10,000 Maximum Amount is a % of Annual Gross Income |
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CLOSED END LOANS OPEN END LOANS |
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12% 10% |
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36 MONTHS 36 MONTHS
|
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HOME EQUITY LINE OF CREDIT |
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$75,000 CURRENT INTEREST RATE 5.50% UNTIL OCTOBER 1, 2008 |
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Rate is 2.25% greater than one year average of the five year US Treasury Note. Adjusted annually on October 1st to the nearest ¼ %. 80% of value - less any mortgage still owing. 10 year draw and 10 year repayment. |
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VISA CARDS 9.90% Fixed Rate No Annual Fee 25 Day Grace Period
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Effective March 20, 2008 |
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Balance |
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Click Here for Secured and Signature Loan Application(s) |
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* APR= Annual Percentage Rate ** APY= Annual Percentage Yield |
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Austin City Employees Credit Union 711 4th Ave NE Austin, MN 55912 |
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Hours: Monday & Thursday 8:30-4:30 p.m. Tuesday, Wednesday & Friday 8:30-2:30 p.m. Phone: (507) 433-6580 Toll Free: 877-918-1178 |