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 April 22, 2014

Account Type Minimum Balance to Earn Dividends *APR *APY
Regular Share (Savings) $1,000.00 - $49,999.99 0.08% 0.08%
Checking $1,000.00** & OVER 0.00% 0.00%
Money Market - Tier 1 $2,500.00 - $49,999.99 0.11% 0.11%
Money Market - Tier 2 $50,000 & OVER 0.20% 0.20%
Christmas Club (08) $100.00 0.10% 0.10%
Christmas Club (Restricted) N/A 0.10% 0.10%
*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 April 22, 2014

Term Minimum Balance *APR *APY
3 Month Cert. $1,000.00 0.10% 0.10%
6 Month Cert. $1,000.00 0.16% 0.16%
12 Month Cert. $1,000.00 0.24% 0.24%
24 Month Cert. $1,000.00 0.36% 0.36%
36 Month Cert. $1,000.00 0.53% 0.53%
*APY = Annual Percentage Yield
*APR = Annual Percentage Rate

Personal/Secured Loan Rates

Effective March 18, 2014

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 March 18, 2014

Product s Low As
*APR
Closed End Personal Loan Call for details 9.90%
Bill ConsolidationCall for details 10.90%
PayDay Assistance (PAL)Call for details 28.00%

*APR = Annual Percentage Rate

 

MasterCard Rates

Effective March 28, 2014

MasterCard

Credit Limit Fixed *APR Variable *APR
Platinum $250 to $15,000 N/A 7.25%
Regular $250 to $15,000 15.96% N/A

Share Secured

$250 to $2,500 18.00% N/A
*APR = Annual Percentage Rate

New & Used Auto, Motorcycle, ATV and RV Loan Rates

Effective March 18, 2014

Product As Low As
*APR
New/Used Auto
Models 2009 - 2013
Terms up to 6 years, Call for Details
1.90%
Used/Older Auto
Models 2006 - 2008
Terms up to 4 years, Call for Details
4.90%
New Motorcycle
(Current year only)
Terms up to 6 years, Call for Details
8.00%
Used Motorcycle
2012, 2011, 2010
Terms up to 6 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 10 years, Call for Details
7.25%

*APR = Annual Percentage Rate

 

Mortgage Rates

 

Effective April 01, 2014

11th District Index Rate as of 04/01/14 is 0.709%
Product Term Current Rates *APR
Home Equity Line of Credit (HELOC)
"VARIABLE RATE"
3% over 11th District cost of Funds Index 5.000%
*APR = Annual Percentage Rate

All rates subject to change without notice.

*For fixed rate mortgage products, please contact a Credit Union Mortgage Representative at 866-931-7520

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 "FICO".

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

Experian

701 Experian Parkway

P.O. Box 2002

Allen, TX 75013

1.888.397.3742

www.experian.com/reportaccess