Rates

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

 

ANNUAL REPORTS

________________________

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.

__________________________________________________________________________________________

HOLIDAY CLOSING:

 

________________________________________________________

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

_____________________________________________________

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 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