Rates

Deposit Rates

NOW Account (Share Draft)

  •  Rates Effective 08-29-2016
Dividend Rate APY Alert Me
NOW Account (Share Draft) 0.25% 0.25%
There is no minimum balance required to open a NOW Account (Share Draft). APY (Annual Percentage Yield). Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure.

Share Account

  •  Rates Effective 08-29-2016
Dividend Rate APY Alert Me
Secondary Share Accounts include Real Estate Suspense, Insurance, IRA Share, and VISA Autopay 0.50% 0.50%
The minimum balance required to open a Share Account and IRA Share Account is $25.00. IRA (Individual Retirement Account). APY (Annual Percentage Yield). Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure. Rates are subject to change at any time.

Club Accounts

  •  Rates Effective 08-29-2016
Dividend Rate APY Alert Me
All-Purpose Club Account 0.50% 0.50%
Christmas Club Account 0.50% 0.50%
There is no minimum balance required to open a Club Account. APY = (Annual Percentage Yield). Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure. Rates are subject to change at any time. There is a minimum weekly deposit of $5.00. Disbursements will be made by Direct Transfer to Share Accounts in March, June, September or December for All-Purpose Club Accounts and in November for Christmas Club Accounts.

Jake Jr. Share Account

  •  Rates Effective 08-29-2016
Dividend Rate APY Alert Me
0.50% 0.50%
The minimum balance required to open a Jake Jr. Share Account is $25.00. APY (Annual Percentage Yield). Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure. Rates are subject to change at any time.

Jake Jr. Tiered Rate Money Market Account (MMDA)

  •  Rates Effective 08-29-2016
Account Balance Dividend Rate APY Alert Me
$0.00 - $999.99 0.25% 0.25%
$1,000 - $4,999.99 0.50% 0.50%
$5,000 + 0.75% 0.75%
All of the interest rates and APYs (Annual Percentage Yield) stated above are variable rate accounts and are subject to change at any time. There is no minimum balance required to open a Jake Jr. MMDA. Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure.

Tiered Rate Money Market Account (MMDA) and IRA MMDA

  •  Rates Effective 08-29-2016
Account Balance Dividend Rate APY Alert Me
$0.00 - $2,499.99 0.25% 0.25%
$2,500 - $9,999.99 0.45% 0.45%
$10,000 - $24,999.99 0.50% 0.50%
$25,000 - $49,999.99 0.55% 0.55%
$50,000 + 0.60% 0.60%
All of the dividend rates and APYs (Annual Percentage Yield) stated above are variable rate accounts and are subject to change at any time. IRA (Individual Retirement Account) $2,500 is the minimum balances required to open a MMDA and IRA MMDA. Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure.

Term Share Certificate Account (CD) and IRA CD

  •  Rates Effective 08-29-2016
Term Regular Dividend Rate APY Jumbo Dividend Rate1 APY Alert Me
6 Months 0.50% 0.50% 0.75% 0.75%
1 Year 0.70% 0.70% 0.95% 0.95%
2 Years 1.00% 1.00% 1.25% 1.26%
3 Years 1.30% 1.31% 1.55% 1.56%
4 Years 1.50% 1.51% 1.75% 1.76%
5 Years 1.75% 1.76% 2.00% 2.02%
APY (Annual Percentage Yield). The minimum balance required to open a Term Share Certificate Account is $1,000. Early withdrawal penalties apply. Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure. IRA (Individual Retirement Account)
  • 1Members investing $100,000 or more in aggregate Term Share Certificate Account balances will receive a Jumbo Dividend Rate of .25% over our Regular Dividend Rate for the term of investment. Existing Term Share Certificate Accounts will retain their current rate, and the Jumbo Dividend Rate will be applied to all future Term Share Certificate Accounts opened and rolled over after January 1, 2009. Early withdrawal penalties apply. Dividends are compounded and credited monthly and are paid at the stated rates on any amount on deposit according to the dividend calculation method in the account disclosure.

Consumer Loan Rates

New/Used Auto and Motorcycle

  •  Rates Effective 08-29-2016
Credit Score Rate APR 48 Month Payment Example/$1,0001 60 Month Payment Example/$1,0002 72 Month Payment Example/$1,0003 Alert Me
750 + 1.99%  1.99% $5.01/week $4.05/week $3.41/week
700 - 749 2.99%  2.99% $5.11/week $4.15/week $3.51/week
650 - 699 3.99%  3.99% $5.21/week $4.25/week $3.61/week
600 - 649 5.99%  5.99% $5.41/week $4.46/week $3.82/week
550 - 599 6.99%  6.99% $5.52/week $4.56/week $3.93/week
< 550 8.99%  8.99% $5.73/week $4.78/week $4.15/week
Rate reflects .50% discount for automatic payments from your BFCU account. Rates may vary based on individual credit score. No pre-payment penalties.
  • 1Older than 2011 Up to 48 Months
  • 22011 - 2012 Up to 60 Months
  • 32013 - New Model up to 72 Months

New/Used Auto and Motorcycle Payment Examples

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Loan Amount Term APR Weekly Payment # of Weekly Payments Total of Payments Alert Me
$20,000 48 Mos 1.99% $100.04 208 $20,808.12
$20,000 60 Mos 1.99% $80.82 260 $21,012.50
$20,000 72 Mos 1.99% $68.01 312 $21,218.10

New/Used Boat

  •  Rates Effective 08-29-2016
Term Rate APR Payment Example per $1,000 Alert Me
6 years 7.99% 7.99% $4.06/Week
Rate reflects .50% discount for automatic payments from your BFCU account.

New/Used Boat Payment Example

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Amount Term APR Weekly Payment Amount # of Weekly Payments Total of Payments Alert Me
$20,000 6 Years 7.99% $81.12 312 $25,306.74

VISA Interest Rates and Interest Charges

  •  Rates Effective 08-29-2016
VISA Classic VISA Platinum Alert Me
Annual Percentage Rate (APR) for purchases 12.90% 9.90%
Minimum Interest Charge If you are charged interest, the charge will be no less than $0.50. If you are charged interest, the charge will be no less than $0.50.

Personal Loan

  •  Rates Effective 08-29-2016
Credit Score Rate APR Payment Example per $1,000 Alert Me
750 + 7.99% 7.99% $5.62/week
700-749 8.99% 8.99% $5.73/week
650-699 10.99% 10.99% $5.95/week
600-649 11.99% 11.99% $6.06/week
550-599 13.99% 13.99% $6.28/week
< 550 14.99% 14.99% $6.40/week
Rate reflects .50% discount for automatic payments from your BFCU account.
Maximum loan amount is $30,000.
Maximum loan term is 4 years.
No pre-payment penalties.

Personal Loan Payment Example

  •  
Loan Amount Term APR Weekly Payment # of Weekly Payments Total of Payments Alert Me
$30,000 4 years 10.99% $179.59 208 $37,352.76

Vacation Loan

  •  Rates Effective 08-29-2016
Term Rate APR Payment Example per $1,000 Alert Me
1 year 5.00% 5.00% $19.73/Week
Rate reflects .50% discount for automatic payments from your BFCU account. Maximum amount is $5,000. Maximum term is 1 year. No pre-payment penalties

Vacation Loan Payment Example

  •  
Loan Amount Term APR Weekly Payment # of Weekly Payments Total of Payments Alert Me
$5,000 1 year 5.00% $98.62 52 $5,128.04

Holiday Loan

  •  
Term Rate APR Payment Example per $1,000 Alert Me
1 Year 3.90%* 3.90%* $19.62/Week*
1 Year 5.00% 5.00% $19.73/Week
Rate reflects .50% discount for automatic payments from your BFCU account. Available October, November, December. October start date to be determined on an annual basis. Maximum amount is $5,000. Maximum term is 1 year. No pre-payment penalties. APR = Annual Percentage Rate. *Qualification restrictions apply. Rate requires payroll deduction or qualified credit score with direct deposit and automatic payment.

Holiday Loan Payment Example

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Loan Amount Term APR Weekly Payments # of Weekly Payments Total of Payments Alert Me
$5,000 1 Year 5.00% $98.62 52 $5,128.04

Line of Credit

  •  Rates Effective 08-29-2016
Rate APR Payment Example per $1,000 Alert Me
10.99% 10.99% $20.47/Week
Rate reflects .50% discount for automatic payments from your BFCU account. Maximum borrowing amount is $5,000. Minimum advance amount is $1,000. No pre-payment penalties.

Line of Credit Payment Example

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Loan Amount Term APR Weekly Payment # of Weekly Payments Total of Payments Alert Me
$5,000 N/A 10.99% $102.36 52 $5,322.33

High School/Elementary School Tuition Loan

  •  Rates Effective 08-29-2016
Term Rate APR Alert Me
1 year 6.99% 6.99%
Payments are approximately $20.01 per week per $1,000. Rate reflects .50% discount for automatic payments from your BFCU account. Maximum borrowing amount is $15,000. Maximum term is 1 year. No pre-payment penalties.

High School/Elementary School Tuition Loan Payment Example

  •  
Loan Amount Term APR Payment Amount # of Weekly Payments Total of Payments Alert Me
$10,000 1 year 6.99% $200.14 52 $10,406.83

College Tuition Loan

  •  Rates Effective 08-29-2016
Term Rate APR Payment Example per $1,000 Alert Me
10 Years 6.99% 6.99% $2.68/Week
Rate reflects .50% discount for automatic payments from your BFCU account.
Maximum borrowing amount is $40,000.
Maximum term is 10 years.
No pre-payment penalties.

This loan may be refinanced annually to properly meet your tuition needs.
Because this is an unsecured loan, certain underwriting restrictions may apply.

College Tuition Loan Payment Example

  •  
Amount Term APR Payment Amount # of Weekly Payments Total of Payments Alert Me
$30,000 10 Years 6.99% $80.16 520 $41,679.69

 

 

 

Mortgage Rates

Mortgage - Fixed Rates

  •  
Term Rate APR Payment Example Per $1,000 Alert Me
30 Yrs 3.375% 3.435% $4.42/Month for 360 months
15 Yrs 2.625% 2.727% $6.73/Month for 180 months
10 Yrs 2.500% 2.648% $9.43/Month for 20 months
5 Yrs 2.375% 2.659% $17.69/Month for 60 months
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual Percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and 20% down payment. Closing costs apply to the above rates. All loans are subject to credit approval and may be subject to secondary market rate adjustments. Higher rates apply for jumbo mortgage products up to $600,000 for the 30 and 15 year fixed mortgage. Maximum loan amount is $200,000 for the 5 and 10 year fixed mortgage.

Mortgage - 5 and 10 Year Fixed Rate, No Points, No Closing Costs

  •  
Term Rate APR Payment example per $1,000 Alert Me
10 Yrs 3.000% 3.000% $9.66/Month for 120 months
5 Yrs 2.875% 2.875% $17.91/Month for 60 months
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points, 0 closing costs and 20% down payment. Members will be required to pay pre-paid interest and fund a real estate escrow account at closing. All loans are subject to credit approval. Maximum loan amount is $200,000. Not applicable for existing loans.

Veteran Mortgage - First Time Home Buyer

  •  
Term Rate APR Payment Example per $1,000 Alert Me
30 Yrs 3.625% 3.687% $4.56/Month for 360 months
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual Percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points. Must be a first time home buyer. Must be able to provide proof of being a veteran. Up to 100% financing available. Closing costs apply to the above rates. All loans are subject to credit approval and may be subject to secondary market rate adjustments. Higher rates apply for jumbo mortgage products up to $600,000.

5/5 Adjustable Rate Mortgage

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5/5 ARM Initial Term Rate Remaining Term Fully Indexed Rate APR Payment Example per $1,000 Alert Me
5 Yrs 4.125% 25 Yrs 4.125% 4.190% 60 monthly payments of $4.85
300 monthly payments of $4.85
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and 20% down payment. Closing costs apply to the above rates. All loans are subject to credit approval. Adjustable rate and payment example is fixed for the first 5 years; then adjusts every 5 years to 3% above the monthly average yield on the 5 year U.S. Treasury Index. Interest rate cap of 2% per adjustment and 6% over the life of the loan apply.

3/3 Adjustable Rate Mortgage

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3/3 ARM Initial Term Rate Remaining Term Fully Indexed Rate APR Payment Example per $1,000 Alert Me
3 Yrs 3.875% 27 Yrs 3.875% 3.938% 36 monthly payments of $4.70
324 monthly payments of $4.70
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and 20% down payment. Closing costs apply to the above rates. All loans are subject to credit approval. Adjustable rate and payment example is fixed for the first 3 years; then adjusts every 3 years to 3% above the monthly average yield on the 3 year U.S. Treasury Index. Interest rate cap of 2% per adjustment and 6% over the life of the loan apply.

3/3 Adjustable Rate Mortgage (Investment Property)

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3/3 ARM Initial Term Rate Remaining Term Fully Indexed Rate APR Payment Example per $1,000 Alert Me
3 Yrs 4.125% 27 Yrs 4.375% 4.383% 36 monthly payments of $4.85
324 payments of $4.98
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and 20% down payment. Closing costs apply to the above rates. All loans are subject to credit approval. Adjustable rate and payment example is fixed for the first 3 years; then adjusts every 3 years to 3.50% above the monthly average yield on the 3 year U.S. Treasury Index. Interest rate cap of 2% per adjustment and 6% over the life of the loan apply.

5/3 Adjustable Rate Mortgage (Investment Property)

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5/3 ARM Initial Term Rate Remaining Term Fully Indexed Rate APR Payment Example per $1,000 Alert Me
5 Yrs 4.375% 25 Yrs 4.375% 4.442% 60 monthly payments of $4.99
300 monthly payments of $4.99
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and 20% down payment. Closing costs apply to the above rates. All loans are subject to credit approval. Adjustable rate and payment example is fixed for the first 5 years; then adjusts every 3 years to 3.50% above the monthly average yield on the 3 year U.S. Treasury Index. Interest rate cap of 2% per adjustment and 6% over the life of the loan apply.

Piggyback Fixed Rates

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Term Rate APR Payment Example per $1,000 Alert Me
1st Mortgage - 30 Yrs 3.375% 3.435% $4.42/Month for 360 months
2nd Mortgage - 20 Yrs 3.875% 3.905% $5.99/Month for 240 months
All payment examples do not include taxes and insurance, therefore actual payment will be greater. Annual Percentage rates effective 8/17/2016 and subject to change. Other rates and terms are available and may apply based on individual credit score. Payment examples based on a loan with 0 points and as low as 5% down payment. Closing costs apply to the above rates. All loans are subject to credit approval and may be subject to secondary market rate adjustments. Higher rates apply for jumbo mortgage products up to $600,000. Special restrictions apply. For details, please contact the loan department.

Home Equity Line of Credit (Variable Rate)

  •  Rates Effective 08-29-2016
Rate APR Payment Example per $1,000 Alert Me
Based on 10 year amortization schedule 4.00% 4.00% $2.34/Week
Maximum borrowing amount is $200,000 based on 80% loan to value. Minimum initial advance is $5,000. Subsequent minimum advances are $2,500. Minimum payment will be calculated on a 10 year amortization schedule. APR = Annual Percentage Rate. Variable APR is subject to change without notice. Maximum APR is capped at 16.00%. Minimum APR is 4.00%. Property Insurance is required. No pre-payment penalties. Subject to credit approval. The annual percentage rate is based on the value of an index. The index is the prime rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published the highest rate will be used. We will use the most recent index value available to us as of 1 day before the date of any annual percentage rate adjustment.

100% Home Equity Line of Credit - (Variable Rate)

  •  Rates Effective 08-29-2016
Rate APR Payment Example per $1,000 Alert Me
Based on 10 year amoritzation schedule 5.50% 5.50% $2.50/week
Maximum borrowing amount is $175,000 based on 100% loan to value. Minimum initial advance is $5,000. Subsequent minimum advances are $2,500. Minimum payment will be calculated on a 10 year amortization schedule. APR = Annual Percentage Rate. Variable APR is subject to change without notice. Maximum APR is capped at 16.00%. Minimum APR is 5.50%. Property insurance is required. No pre-payment penalties. Subject to credit approval. The annual percentage rate is based on the value of an index. The index is the prime rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published the highest rate will be used. We will use the most recent index value available to us as of 1 day before the date of any annual percentage rate adjustment.

Account Fees

BFCU Account Fees

  •  Rates Effective 08-29-2016
Alert Me
Standard Checks FREE
Overdraft Transfer (EFT SHR/SHR XFER FEE) $5.00
Insufficient Funds (NSF) (Drafts & EFT Returned) $25.00
Courtesy Pay Overdraft Privilege $25.001
Returned Deposited Check $6.50
Stop Payment Order $10.00/single, $20.00/multiple
Abandoned Property $35.00
Photocopies $1.00
Wire Transfer (Outgoing) $10.00
Wire Transfer (Incoming) FREE
Account Research $20.00/Hr (waived if CU error)
Fees may be imposed for Overdraft Transfers/Insufficient Funds caused by drafts, in person, ATM/Debit or ACH.
  • 1Overdraft Privilege. Overdrafts less than $5, no fee. Overdrafts $5.00 - $24.99, $5.00 fee. Overdrafts $25.00 and over, $25.00 fee, not to exceed $50.00 per day.