Vehicle
79TH ANNUAL MEETING – VIA ZOOM:
Credit Union members are invited to a scheduled Zoom meeting.
Topic: 79th Annual Meeting
Time: Apr 19, 2023 05:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us05web.zoom.us/j/83816948982?pwd=cDBCM2tsa3pxZXkwaXU3clFDQXN0Zz09
Meeting ID: 838 1694 8982
Passcode: QKsQ9V
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The Annual Meeting will summarize the credit union’s financial position as of the year ending, December 31, 2022. Additionally, the Annual Meeting will feature the election to the Board of Directors and Credit Committee. The following individuals are up for re-election this year:
Board of Directors (2-year): Sandra Davis & George Hardy
Credit Committee (2-year): Kim Miller Moss & Kristie Schulz
All positions up for election carry two-year terms. Nominations must be received via mail no later than Friday, April 14, 2023. Nominations may be hand-delivered to the credit union or mailed to the following address:
International UAW Federal Credit Union
ATTN: Nominations
P.O. Box 309
Warren, MI 48090
The zoom link and 2022 annual report will be available on the website on Wednesday, April 19, 2023.
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HOLIDAY CLOSING:
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EFFECTIVE, MONDAY, APRIL 17, 2023, THE CREDIT UNION WILL BE OPERATING AT THE FOLLOWING LOCATION:
TANDEM FEDERAL CREDIT UNION
21043 MOUND ROAD
WARREN, MI 48091
CREDIT UNION HOURS: MONDAY – FRIDAY, 9:30 A.M. TO 4:30 P.M.
PHONE NUMBER: (313) 926-5281
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THE UNITY-LINE IS OPERATIONAL. CREDIT UNION SERVICE CENTER LOCATIONS AND SHARED BRANCHES ARE AVAILABLE.
PLEASE VISIT THE BRANCH LOCATOR AT: WWW.CO-OPCREDITUNIONS.ORG/LOCATOR
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EXPERIAN CREDIT SCORINIG
A = 680 AND ABOVE
B = 630 – 679
C = 600 – 629
D = 599 AND BELOW
VEHICLE LOANS (Titled)
LOAN RATES EFFECTIVE 4/01/2023
| Credit Rating | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|
| 24 months | 3.00 | 3.50 | 7.75 | 10.75 |
| 36 months | 3.50 | 4.00 | 8.25 | 11.25 |
| 48 months | 4.00 | 4.50 | 8.75 | 11.75 |
| 54 months | 4.25 | 4.75 | 9.00 | 12.00 |
| 60 months | 4.50 | 5.00 | 9.25 | 12.25 |
| 66 months (>$25K) | 4.75 | 5.25 | 9.60 | 12.60 |
| 72 months (>$25K) | 5.00 | 5.50 | 10.20 | 13.20 |
MODEL YEARS: (2017-2021) — ADD 1.00% TO ALL ABOVE VEHICLE RATES
MODEL YEARS: (2016 & OLDER) — ADD 2.00% TO ALL ABOVE VEHICLE RATES
VEHICLE LOANS (Motor Homes,Boats > $25k)
| Credit Rating | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|
| 84 Months | 6.60 | 7.80 | 10.85 | 13.90 |
| 85-120 months | 8.60 | 9.80 | 11.85 | 14.90 |
MODEL YEARS: (2017 – 2021) — ADD 1.00% TO ALL ABOVE VEHICLE RATES
MODEL YEARS: (2016 & OLDER) — ADD 2.00% TO ALL ABOVE VEHICLE RATES
VEHICLE LOANS (Other Titled/Non-Titled) (Snowmobiles,etc.)
| Credit Rating | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|
| 12 months | 4.00 | 6.00 | 9.00 | 11.00 |
| 24 months | 5.00 | 7.00 | 10.00 | 12.00 |
| 36 months | 6.00 | 8.00 | 11.00 | 13.00 |
| 48 months | 7.00 | 9.00 | 12.00 | 14.00 |
* APR = ANNUAL PERCENTAGE RATE
EXPERIAN CREDIT SCORINIG
A = 680 AND ABOVE
B = 630 – 679
C = 600 – 629
D = 599 AND BELOW
Home Equity
HOME EQUITY LINE-OF-CREDIT (Closed-End Fixed Rate) (Member Pays Closing Costs)
LOAN RATES EFFECTIVE 04/01/2023
| Credit Rating | A APR* | B APR* | C APR* | D APR* |
|---|---|---|---|---|
| 5 years | 5.50 |
5.50 |
6.00 | 6.50 |
| 7 years | 5.75 | 5.75 | 6.25 | 6.75 |
| 10 years | 6.50 | 6.50 | 7.00 | 7.50 |
| 15 years | 7.00 | 7.00 | 7.50 | 8.00 |
* APR = ANNUAL PERCENTAGE RATE
EXPERIAN CREDIT SCORINIG
A = 680 AND ABOVE
B = 630 – 679
C = 600 – 629
D = 599 AND BELOW
Visa
LOAN RATES EFFECTIVE 04/01/2023
| TYPE | A-APR* | B-APR* | C-APR* | D-APR* |
| VISA CLASSIC | 12.24 | 12.24 | 12.24 | 12.24 |
| VISA GOLD | 8.54 | 8.54 | N/A | N/A |
* APR = ANNUAL PERCENTAGE RATE
EXPERIAN CREDIT SCORINIG
A = 680 AND ABOVE
B = 630 – 679
C = 600 – 629
D = 599 AND BELOW
Signature
LOAN RATES EFFECTIVE 04/01/2023
| TERM | A-APR* | B-APR* | C-APR* | D-APR* |
| UP TO 12 MOS | 7.50 | 9.50 | 12.00 | 14.50 |
| 13-48 MOS | 9.50 | 11.50 | 16.50 | 18.00 |
* APR = ANNUAL PERCENTAGE RATE
EXPERIAN CREDIT SCORINIG
A = 680 AND ABOVE
B = 630 – 679
C = 600 – 629
D = 599 AND BELOW
Pledge
LOAN RATES EFFECTIVE 04/01/2023
SHARE OR CERTIFICATE PLEDGE LOAN RATES ARE 3.50% APR ABOVE THE RATE EARNED ON THE PLEDGED ACCOUNT.
Savings
SHARE RATES EFFECTIVE FOR PERIOD ENDING 03/31/23
| Savings | Rate | APY* | Term |
|---|---|---|---|
| Regular Shares (Quarterly Dividends) | 0.200 | 0.200 | n/a |
| Christmas Club (Quarterly Dividends) | 0.200 | 0.200 | n/a |
| IRA Account (Quarterly Dividends) | 0.200 | 0.200 | n/a |
| Money Market $2500-$49,999 (Monthly Dividends) | 0.200 | 0.200 | n/a |
| Money Market $50,000-$99,999 (Monthly Dividends) | 0.250 | 0.250 | n/a |
| Money Market $100,000 and Above (Monthly Dividends) | 0.300 | 0.300 | n/a |
*APY = ANNUAL PERCENTAGE YIELD
Certificates
CERTIFICATE RATES EFFECTIVE 04/01/2023
| Certificates | Rate | APY* | Term |
|---|---|---|---|
| 90-Day Jumbo Certificate (Dividends at Maturity) $50,000.00 and above | 0.600 | 0.600 | 3 |
| 6 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 | 0.550 | 0.550 | 6 |
| 6 Months Certificate (Dividends at Maturity) $25,000.00 to $49,999.99 | .0.600 | 0.600 | 6 |
| 6 Months Certificate (Dividends at Maturity) $50,000.00 and above | 0.650 | 0.650 | 6 |
| 12 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 | 0.700 | 0.700 | 12 |
| 12 Months Certificate (Dividends at Maturity) $25,000.00 – $49,999.99 | 0.750 | 0.750 | 12 |
| 12 Months Certificate (Dividends at Maturity) $50,000.00 and above | 0.800 | 0.800 | 12 |
| 18 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 | 0.850 | 0.850 | 18 |
| 18 Months Certificate (Dividends at Maturity) $25,000.00 – $49,999.99 | 0.900 | 0.900 | 18 |
| 18 Months Certificate (Dividends at Maturity) $50,000.00 and above | 0.950 | 0.950 | 18 |
| 24 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 | 1.000 | 1.000 | 24 |
| 24 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 | 1.050 | 1.050 | 24 |
| 24 Months Certificate (Dividends Paid Annually) $50,000.00 and above | 1.100 | 1.100 | 24 |
| 36 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 | 1.200 | 1.200 | 36 |
| 36 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 | 1.250 | 1.250 | 36 |
| 36 Months Certificate (Dividends Paid Annually) $50,000.00 and above | 1.300 | 1.300 | 36 |
| 48 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 | 1.400 | 1.400 | 48 |
| 48 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 | 1.450 | 1.450 | 48 |
| 48 Months Certificate (Dividends Paid Annually) $50,000.00 and above | 1.500 | 1.500 | 48 |
*APY = ANNUAL PERCENTAGE YIELD
