Rates

Vehicle

EFFECTIVE, MONDAY, OCTOBER 4, 2021, THE CREDIT UNION WILL BE OPERATING AT THE FOLLOWING LOCATION: 

26300 NORTHWESTERN HWY, STE 100, SOUTHFIELD, MI  48076.  (MEMBERS ARE TO USE THE SERVICE DRIVE ENTRANCE.) 

CREDIT UNION HOURS: MONDAY – FRIDAY, 9:00 A.M. TO 4:00 P.M.

THE TANDEM OFFICE (MOUND RD.) WILL NO LONGER BE AVAILABLE FOR MEMBERS.

PHONE NUMBER:  (313) 926-5281

_____________________________________________________

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

_______________________________________________

EXPERIAN CREDIT SCORINIG

A = 680 AND ABOVE

B = 630 – 679

C = 600 – 629

D = 599 AND BELOW 

 

VEHICLE LOANS (Titled)

LOAN RATES EFFECTIVE 10/01/2021

Credit Rating A APR* B APR* C APR* D APR*
24 months 2.00 2.50 6.75 9.75
36 months 2.50 3.00 7.25 10.25
48 months 3.00 3.50 7.75 10.75
54 months 3.25 3.75 8.00 11.00
60 months 3.50 4.00 8.25 11.25
66 months (>$25K) 3.75 4.25 8.60 11.60
72 months (>$25K) 4.00 4.50 9.20 12.20

MODEL YEARS:  (2015-2019) — ADD 1.00% TO ALL ABOVE VEHICLE RATES

MODEL YEARS:  (2014 & 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 9.85 12.90
85-120 months 7.60 8.80 10.85 13.90

MODEL YEARS:  (2015-2019) — ADD 1.00% TO ALL ABOVE VEHICLE RATES

MODEL YEARS:  (2014 & 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 3.00 5.00 8.00 10.00
24 months 4.00 6.00 9.00 11.00
36 months 5.00 7.00 10.00 12.00
48 months 6.00 8.00 11.00 13.00

* 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 10/01/2021

Credit Rating A APR* B APR* C APR* D APR*
5 years 3.50 3.50 4.00 4.50
7 years 3.75 3.75 4.25 4.75
10 years 4.50 4.50 5.00 5.50
15 years 5.00 5.00 5.50 6.00

* 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 10/01/2021

 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 10/01/2021

 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 10/01/2021

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 09/30/2021

Savings Rate APY* Term
Regular Shares (Quarterly Dividends) 0.100 0.100 n/a
Christmas Club (Quarterly Dividends) 0.100 0.100 n/a
IRA Account (Quarterly Dividends) 0.100 0.100 n/a
Money Market $2500-$49,999 (Monthly Dividends) 0.125 0.125 n/a
Money Market $50,000-$99,999 (Monthly Dividends) 0.175 0.175 n/a
Money Market $100,000 and Above (Monthly Dividends) 0.225 0.225 n/a

*APY = ANNUAL PERCENTAGE YIELD

Certificates

CERTIFICATE RATES EFFECTIVE 10/01/2021

Certificates Rate APY* Term
90-Day Jumbo Certificate (Dividends at Maturity) $50,000.00 and above 0.220 0.220 3
6 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 0.200 0.200 6
6 Months Certificate (Dividends at Maturity) $25,000.00 to $49,999.99 0.225 0.225 6
6 Months Certificate (Dividends at Maturity) $50,000.00 and above 0.250 0.250 6
12 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 0.275 0.275 12
12 Months Certificate (Dividends at Maturity) $25,000.00 – $49,999.99 0.300 0.300 12
12 Months Certificate (Dividends at Maturity) $50,000.00 and above 0.325 0.325 12
18 Months Certificate (Dividends at Maturity) $5,000.00 – $24,999.99 0.350 0.350 18
18 Months Certificate (Dividends at Maturity) $25,000.00 – $49,999.99 0.375 0.375 18
18 Months Certificate (Dividends at Maturity) $50,000.00 and above 0.400 0.400 18
24 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 0.425 0.425 24
24 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 0.450 0.450 24
24 Months Certificate (Dividends Paid Annually) $50,000.00 and above 0.475 0.475 24
36 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 0.525 0.525 36
36 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 0.550 0.550 36
36 Months Certificate (Dividends Paid Annually) $50,000.00 and above 0.575 0.575 36
48 Months Certificate (Dividends Paid Annually) $5,000.00 – $24,999.99 0.625 0.625 48
48 Months Certificate (Dividends Paid Annually) $25,000.00 – $49,999.99 0.650 0.650 48
48 Months Certificate (Dividends Paid Annually) $50,000.00 and above 0.675 0.675 48

*APY = ANNUAL PERCENTAGE YIELD