SHARE RATES

Dividends based on credit union earnings


Alco Federal Credit Union offers you a number of other free or discounted services to its members. These services are simply meant to help enhance your benefits as a member of the credit union.



Account type Minimum Dividend APY*
Shares** $5.00 0.20% 0.20%
IRA shares $500.00 0.50% 0.50%
Money market $2,500.00 0.30% 0.30%
Christmas club** No minimum 0.20% 0.20%
Vacation club** No minimum 0.20% 0.20%
IRA and Roth share certificates
12 month share certificate $500.00 0.65% 0.65%
36 month share certificate $500.00 0.65% 0.65%
Regular share certificates
6 month share certificate $500.00 0.40% 0.40%
12 month share certificate $500.00 0.50% 0.50%
*APY = Annual percentage yield. ** Minimum balance to earn dividend is $100.00
LOAN RATES

Rates are based on individual credit history and term.


Rates are subject to change without notice. Rates effective as of Jan 14, 2016



Loan type Term APR*
Visa Platinum credit card 7.99% - 14.99%
Visa Platinum rewards card 10.99% - 16.99%
New auto loans 24 months 2.00% - 12.25%
36 months 2.50% - 12.75%
48 months 2.65% - 12.90%
60 months 2.75% - 13.00%
72 months 3.50% - 6.25%
75 - 84 months 3.75% - 7.5%
120 months** 4.25% - 7.00%
180 months** 4.50% - 8.25%
Used auto loans 24 months 3.00% - 13.25%
36 months 3.50% - 13.75%
48 months 3.60% - 13.85%
60 months 3.70% - 13.95%
72 months 4.20% - 6.95%
75 - 84 months 4.7% - 8.45%
120 months** 4.75% - 7.50%
180 months** 5.00% - 8.75%
New other collateral loans 24 months 3.50% - 13.75%
36 months 3.75% - 14.00%
48 months 4.00% - 14.25%
60 months 4.25% - 7.00%
Used other collateral loans 24 months 4.00% - 14.25%
36 months 4.25% - 14.50%
48 months 4.50% - 14.75%
60 months 4.75% - 7.50%
Personal loans open-end 8.90% - 17.00%
Line of credit 8.90% - 17.00%
Overdraft protection 12.95%
Home equity fixed rate 5 - 9 years 6.50%
10 - 14 years 6.75%
15 years 7.00%
Share secured loans 60 months 3.00% over share dividend
(floor: 4%)
*APR = annual percentage rate. **120 and 180 month terms are for mobile homes, boats, RVs, and luxury autos only.