Rancho Federal Credit Union Rates
What's New Membership Checking & Savings Investments & Insurance Loan Services Member Services Convenience Services Financial Calculators Rates & Disclosures

Savings Rates

Effective May 07, 2008

Account Type Minimum Balance to Earn Dividends *APR *APY
Regular Share (Savings) $1,000.00 - $4,999.99 0.25% 0.26%
  $5,000.00 - $49,999.99 0.50% 0.51%
  $50,000.00 & OVER 0.75% 0.76%
Checking $1,000.00** - $9,999.99 0.15% 0.15%
  $10,000.00 & OVER 0.25% 0.25%
Money Market - Tier 1 $2,500.00 0.75% 0.76%
Money Market - Tier 2 $10,000.00 0.91% 0.91%
Money Market - Tier 3 $50,000.00 1.28% 1.29%
Christmas Club (Restricted) N/A 1.00% 1.02%
*APY = Annual Percentage Yield
*APR = Annual Percentage Rate
**Must maintain a minimum balance of 1,000 through the entire month to earn interest

Share Certificate/IRA Rates

Effective May 07,, 2008

Term Minimum Balance *APR *APY
3 Month Cert. $1,000.00 1.73% 1.74%
6 Month Cert. $1,000.00 2.02% 2.04%
12 Month Cert. $1,000.00 2.18% 2.21%
24 Month Cert. $1,000.00 2.31% 2.34%
36 Month Cert. $1,000.00 2.48% 2.51%
*APY = Annual Percentage Yield
*APR = Annual Percentage Rate

Personal/Secured Loan Rates

 

Effective May 07,, 2008

Product As Low As
*APR
Share Secured Personal (Up to 95% of available funds) Call for details 4.00%
Share Certificate Secured Personal (Up to 95% of available funds) Call for details 3.00%
+Cert. Rate
*APR = Annual Percentage Rate

Personal/Unsecured Loan Rates

 

Effective May 07,, 2008

Product As Low As
*APR
Open End Line of Credit Call for details 10.75%
Closed End Personal Loan Call for details 10.00%
Closed End Quick Pay Loan(12 Month term)Call for details 9.75%
*APR = Annual Percentage Rate

MasterCard Rates

Effective January 01, 2008

Product Term Fixed *APR Variable *APR
Mastercard - Regular 3% of Bal.(Revolving) 15.96% N/A
Mastercard - Premier 3% of Bal.(Revolving)
Prime Rate + 4%		 N/A 11.50%
Mastercard - First Step 3% of Bal.(Revolving)
Prime Rate + 10%		 N/A 17.50%
*APR = Annual Percentage Rate

New & Used Auto Loan Rates

 

Effective May 07,, 2008

Product As Low As
*APR
New Auto
Models 08, 07, 06, 05
Terms up to 7 years, Call for Details		 5.75%
Used Auto
Models 04, 03, 02
Terms up to 7 years, Call for Details		 8.25%
New Motorcycle
(Current year only)
Terms up to 7 years, Call for Details		 8.00%
Used Motorcycle
06, 05, 04
Terms up to 7 years, Call for Details		 8.00%
New ATV's (All Terrain Vehicle) and Personal Watercrafts
(Current year only)
Terms up to 4 years, Call for Details		 8.00%
New RV's (Motor Homes)
(Current year only)
Terms up to 12 years, Call for Details		 7.00%
*APR = Annual Percentage Rate

Mortgage Rates

Effective May 01, 2008

11th District Index Rate as of 05/01/08 is 3.280%
Product Term Current Rates *APR
Home Equity Line of Credit(HELOC)
"VARIABLE RATE" 		3% over 11th district cost of Funds index Call for current rate
2nd TD,90% LTV,FIXED RATE 5% over 11th district cost of funds index Call for current rate
2nd TD,100%LTV,FIXED RATE 7% over 11th district cost of funds index Call for current rate
*APR = Annual Percentage Rate. All rates subject to change without notice.
Refinances may be subject to a different rate.

Rancho Federal Credit Union uses RISK-BASED PRICING. This loan interest rate structure applies to all new and used vehicle and unsecured loans, as well as our Home Equity Line-of-Credit program.

Risk-Based Pricing is a system of pricing loans so that the interest rate charged to a member is based on the credit risk they represent. We are able to offer low-rate pricing to our lower risk members, and at the same time allow our higher risk members to obtain credit at a higher rate.

The loan rate pricing structure is determined by each members own credit score as defined on their credit report issued by Experian. The Risk Based model used by this credit union is "National Risk".

To receive a free copy of your credit report contact Experian at the address below.

EXPERIAN
P.O. BOX 2002
ALLEN, TX. 75013
http://www.experian.com
ph# 1-888-397-3742