Effective October 1, 2011
|
Minimum Opening Deposit |
Minimum Balance to Earn Dividends | Term | Annual % Rate | Dividend Rate (APY)* |
Jumbo Rate** |
Jumbo Yield** |
Dividends Compounded & Credited |
| Prime Share 1 | $5 | $200 | -- | 0.150% | 0.10% | -- | -- | Quarterly |
| Life Savings2 | $5 | 0.050% | 0.05% | Quarterly | ||||
| SEVA Saves 7 | $1 | $1 | -- | 0.150% | 0.10% | -- | -- | Quarterly |
| Young Savers | $5 | $5 | -- | 0.150% | 0.10% | -- | -- | Quarterly |
| Health Saving | $30 | Dividends not paid. | ||||||
| S/D Checking (grandfathered account) | $15 | Dividends not paid. | N/A | N/A | N/A | N/A | N/A | N/A |
| Classic Checking | $0 | Dividends not paid. | N/A | N/A | N/A | N/A | N/A | N/A |
| eChecking | $0 | Dividends not paid. | N/A | N/A | N/A | N/A | N/A | N/A |
| Club Accounts 1 | $5 | $200 | -- | 0.150% | 0.15% | -- | -- | Quarterly |
| Money Market 3 | $1,000 | $1,000 | -- | 0.1499% | 0.15% | -- | -- | Monthly |
| Platinum Money Market 5 | $35,000 | -- | Tier 1 | Tier 1 | Tier 2 | Tier 2 | Monthly | |
| -- | 0.1000 | 0.05% | 0.2996 | 0.30% | ||||
| Platinum Plus Money Market 6 | $50,000 | -- | -- | 0.1000 | 0.05% | 0.3993 | 0.40% | Monthly |
| Business Shares | $5 | $200 | 0.150% | 0.10% | Quarterly | |||
| Business Money Market | $1,000 | $1,000 | 0.1499% | 0.15% | Monthly | |||
| Business Share Draft High Volume | $0 | Dividends not paid. | ||||||
| Business Share Draft Interest | $1,000 | 0.1499% | 0.15% | Monthly | ||||
| IRA Share Account | $100 | $200 | -- | 0.2498% | 0.25% | -- | -- | Quarterly |
| Add-On Certificate4 | $200 | $200 | 12 mos. | 0.2497% | 0.25% | -- | -- | Quarterly |
| Certificate | $1,000 | $1,000 | 6 mos. | 0.2497% | 0.25% | 0.4491% | 0.45% | Monthly |
| $1,000 | $1,000 | 12 mos. | 0.4491% | 0.45% | 0.6481% | 0.65% | Monthly | |
| $1,000 | $1,000 | 24 mos. | 0.6978% | 0.70% | 0.8963% | 0.90% | Monthly | |
| $1,000 | $1,000 | 36 mos. | 0.8467% | 0.85% | 1.0450% | 1.05% | Monthly | |
| $1,000 | $1,000 | 60 mos. | 1.4898% | 1.50% | 1.7853% | 1.80% | Monthly | |
| IRA Certificate | $1,000 | $1,000 | 6 mos. | 0.2498% | 0.25% | 0.4492% | 0.45% | Quarterly |
| $1,000 | $1,000 | 12 mos. | 0.4492% | 0.45% | 0.6484% | 0.65% | Quarterly | |
| $1,000 | $1,000 | 24 mos. | 0.6982% | 0.70% | 0.8970% | 0.90% | Quarterly | |
| $1,000 | $1,000 | 36 mos. | 0.8473% | 0.85% | 1.0459% | 1.05% | Quarterly | |
| $1,000 | $1,000 | 60 mos. | 1.4916% | 1.50% | 1.7880% | 1.80% | Quarterly |
1 $200 minimum balance for dividends
2 Grandfathered LIfe Savings Account. No deposits taken, account to be closed if withdrawal brings balance below $2,000
3 $1,000 minimum balance for dividends.
4 $10.00 a month minimum deposit. SEVA Saves annual bonus dividend of .25% on first $500 if monthly deposit requirement and no more than three withdrawals in a calendar year are met.
5 Platinum Money Market Tier 1 $0-34,999.99 Tier 2 $35,000+
6 Platinum Plus Money Market Tier 1 $0-49,999.99 Tier 2 $50,000+
7 Minimum monthly deposit $10.00, annual bonus dividend of 0.25% on first %500.00 if monthly deposit requirement and no more than three withdrawals in a calendar year are met.
*ANNUAL PERCENTAGE YIELD (APY). The dividend rate and APY were accurate as of the effective date above. Penalties for early withdrawal of certificates may apply. Rates are subject to change without notice.
** JUMBO RATE for $20,000.00 and up.
Your savings federally insured to $100,000.00 by National Credit Union Administration, a U.S. Government agency. IRA separately insured up to $250,000.00.
Loan Rates
| Loan Product | Annual Percentage Rate |
| New Vehicle ** | 2.39% - 18.00% |
| Used Vehicle ** | 2.39% - 18.00% |
| New Boat, Motorcycle, RV Loan ** | 3.89% - 18.00% |
| Used Boat, Motorcycle, RV Loan ** | 3.89% - 18.00% |
| Personal Loan ** | 10.99% - 18.00% |
| Share Secured Loan * | 3.00% above current dividend rate |
| VISA Platinum Rate - Min $500 * | 7.99% - 18.00% |
| VISA Platinum Reward - Min $500 * | 9.49% - 18.00% |
| Sharedraft/Overdraft Line of Credit ** | 10.99% - 18.00% |
*See page two for fees and disclosures.
** Rates effective 09/01/2011.
Fee Schedule
| Savings Account Fees | |
| Money Market - excessive w/d transfers (more than 6 per month) | $10.00 |
| Re-Open Savings Account | $20.00 |
| Single Service (per month) | $5.00 |
| Inactive/Dormant (per month) | $15.00 |
| IRA Account Fees | |
| IRA Rollover or Transfer (Before Age 59 1/2) | $25.00 |
| IRA External Transfer | $25.00 |
| Coverdell Education Rollover, Transfer, W/D (Before Age 18) | $25.00 |
| Checking Account Fees | |
| Non-Sufficient Funds | $29.00 |
| Overdraft Protection (Courtesy Pay) | $29.00 |
| Stop Payment | $29.00 |
| Non-Automated Overdraft Protection Transfers from Related Accounts | $2.00 |
| Check Copy | $5.00 |
| Balance Account (per hour charge) | $20.00 |
| Check Printing | varies |
| Monthly Service Fees - see Lifestyle Checking Disclosures | varies |
| Electronic Funds Transfer Fees | |
| ATM Inquires and Transactions (Non-NCP/ABNB FCU Machines) | $1.25 |
| ATM Transactions on Non-Owned International ATMs | $1.50 |
| VISA Check Card Non-Sufficient Funds | $29.00 |
| VISA Check Card Replacement | $5.00 |
| Bill Pay Service Fees | |
| Bill Pay with Checking, Direct Deposit, & eServices/eStatements | No Charge |
Bill Pay without Checking, Direct Deposit, & eServices/eStatements |
$4.95 |
| Bill Pay Non-Sufficient Funds | $29.00 |
Bill Pay -Stop Pay on Check Transactions |
$29.00 |
| Bill Pay Inquiry | $21.00 |
| Bill Pay Check Copy | $21.00 |
| Other Service Fees | |
| Certified/Cashiers Check | $5.00 |
| Check Deposit Return | $15.00 |
| Foreign Check Processing | $20.00 |
| Copy of Statement | $5.00 |
| Interim Statement (History) | $3.00 |
| Money Orders | $1.00 |
| Travelers Checks (per $100) | $2.00 |
| Wire Transfers - Incoming | $15.00 |
| Wire Transfers - Outgoing | $20.00 |
| Account Research (per hour) | $20.00 |
| Return Mail (if new address provided - 1st time - fee is returned) | $5.00 |
| Account Collection Charges | |
| Garnishment/Levy | $25.00 |
Check Deposit Item Collection (Domestic or Foreign) |
$20.00 |
Note: 1) Other fees imposed for special services will be disclosed at the time of the request. 2) Fees subject to change with 45-days notice.
General Loan Disclosures
* ANNUAL PERCENTAGE RATE (APR) varies according to credit history of applicant(s). All loans are subject to approval. Late payment fee is 5% of payment amount when more than 7 days late. On mortgage loans a modification fee of 0.75% and closing costs may apply. Some restrictions apply. Rates are subject to change without notice.
Credit Card Disclosures
* ANNUAL PERCENTAGE RATE (APR) varies according to credit history of applicant(s). Lines of Credit are subject to approval. We reserve the right to periodically review your account which may result in your interest rate being changed. Please refer to your "Important Information About Your Credit Cards" for further explanation.
** A Performance APR of 18.00% will be imposed on the total balance if your account becomes 2 times 30 days past due or 1 time 60 day past due in the current and preceding 11 months.
Changes to This Plan: We reserve the right to change any and all of the terms of this agreement. For example, we can change the type and amount of the fees we charge, the interest rate, and the minimum payment amount, as well as the other features of this plan.
Single Service User
Members (excluding youth) must maintain a combined balance of $500 in a savings and/or Demand Deposit accounts, or have another service product such as a club account, money market, certificate, or loan to avoid the $5 single service fee. Youth accounts regardless of balance are exempt from this fee.
Overdraft Protection
If we have approved an overdraft protection plan for your account, we will honor drafts drawn on insufficient funds by transferring funds from another account under this Agreement or a loan account, as you have directed, or as required under the Credit Union’s overdraft protection policy. The fee for overdraft transfers, if any, is set forth in the Truth-In-Savings Disclosure. This Agreement governs all transfers, except those governed by agreements for loan accounts.
If, on any day, the funds in your share account are not sufficient to cover drafts, fees or other items posted to your account, we may pay or return the overdraft in accordance with our overdraft policy or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. We do not have to notify you if your account does not have funds to cover drafts, fees or other posted items. Whether the item is paid or returned, your account may be subject to a charge as set forth in the Truth-in-Savings Disclosure. Except as otherwise agreed in writing, we, by covering one or any overdraft, do not agree to cover overdrafts in the future and may discontinue covering overdrafts at any time without notice. If we pay a draft or impose a fee that would otherwise overdraw your account, you agree to pay the overdrawn amount in accordance with our overdraft policy.
