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 1.50% 1.50%
Regular share certificates
6 month share certificate $500.00 0.50% 0.50%
12 month share certificate $500.00 0.75% 0.75%
*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 2.50% - 12.75%
36 months 2.75% - 13.25%
48 months 3.15% - 12.40%
60 months 3.25% - 13.50%
72 months 4.00% - 6.75%
75 - 84 months 4.25% - 8.00%
120 months** 4.75% - 7.50%
180 months** 5.00% - 8.75%
Used auto loans 24 months 3.50% - 13.75%
36 months 4.00% - 14.25%
48 months 4.10% - 14.35%
60 months 4.20% - 14.45%
72 months 4.70% - 7.45%
75 - 84 months 5.20% - 8.95%
120 months** 5.25% - 8.00
180 months** 5.50% - 9.25%
New 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%
Used other collateral loans 24 months 4.50% - 14.75%
36 months 4.75% - 15.00%
48 months 5.00% - 15.00%
60 months 5.25% - 8.00%
Personal loans open-end 8.90% - 17.00%
Line of credit 8.90% - 17.00%
Overdraft protection 12.95%
Home equity fixed rate - Call for rates
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.