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LOAN RATES/POLICY |
|
LOAN TYPE |
ANNUAL
PERCENTAGE RATE |
TERMS |
| ... |
FROM |
TO |
... |
| SHARE SECURED |
6.00% |
... |
$500 Minimum/No Maximum |
| UNSECURED AND UNSECURED LINE OF CREDIT |
12.90% |
17.90% |
$500 Minimum/$10,000 Maximum
Maximum credit limit is two times monthly gross salary.
Line of Credit Approval Good for 24 Months |
| VISA |
9.90% |
14.90% |
$10,000 Maximum - Line of Credit 15% of annual gross income |
| SHARE DRAFT OVERDRAFT LOAN |
18.00% |
... |
$2,500 Maximum |
| AUTOMOBILES, CURRENT MODEL PLUS 2 |
6.90% |
10.90% |
90% of Invoice, Including Tax and License |
|
8.90% |
12.90% |
100% of Invoice, Including Tax and License |
| USED AUTO |
8.90% |
12.90% |
80% of Cash Selling Price, Plus Tax and License
Not to Exceed Low Kelley Blue Book Value |
| AUTO EQUITY |
|
See applicable auto loan above. |
| NEW/USED RV |
8.90% |
12.90% |
80% of Purchase Price, Including Tax and License
Provided listed in Kelley Blue Book and loan does not exceed Retail for new and wholesale for used. |
| NEW/USED BOAT |
8.90% |
12.90% |
80% - See New/Used RV for details |
| NEW MOTORCYCLE NEW JET SKI |
8.90% |
12.90% |
80% of purchase price, Including Tax and License |
| HOME EQUITY, VARIABLE |
|
8.00 % |
$10,000 Minimum First Advance
$5,000 Minimum Subsequent Advances
Rate is subject to increase after consummation of loan |
HOME EQUITY,
OPEN ENDED, FIXED |
6.75% |
7.25%% |
6.75% LTV =80% 7.00% LTV=90%
7.25% LTV=95% |
Interest rates based on credit worthiness
Loan rates are determined by the Board of Directors and are subject to change. | The following dividend rates for regular Share, Club and IRA/ Roth accounts have been declared by the Board of Directors effective 12-31-07. |
| CERTIFICATES RATES ARE EFFECTIVE December 31,2007 AND ARE SUBJECT TO CHANGE DAILY |
SHARE AND CERTIFICATE RATES |
|
TYPE |
ACCOUNT |
MINIMUM
OPENING
BALANCE |
RATE |
APY |
|
01 |
SHARES |
$50.00 |
1.00% |
1.04% |
|
10,11,12 |
CHRISTMAS CLUB |
$5.00 |
1.00% |
1.04% |
|
77 |
INSURED MONEY MARKET (IMMA) |
$2,500.00 |
3.00% |
3.04% |
 |
|
84 |
IRA SHARES 50 |
$50.00 |
2.25% |
2.27% |
|
83 |
IRA - EDUCATION |
$50.00 |
2.25% |
2.27% |
|
21 |
ROTH P/R IRA 50 |
$50.00 |
2.25% |
2.27% |
|
|
20 |
IRA - ROTH 2000 |
$2,000.00 |
2.50% |
2.52% |
|
80 |
IRA SHARES 2000 |
$2,000.00 |
2.50% |
2.52% |
|
81 |
IRA 2000 - ROTH CONVERSION |
$2,000.00 |
2.50% |
2.52% |
|
|
22 |
IRA CD - 6 MONTH ROTH |
$5,000.00 |
3.50% |
3.56% |
|
23 |
IRA CD - 6 MONTH ROTH CONVERSION |
$5,000.00 |
3.50% |
3.56% |
|
90 |
IRA CD - 6 MONTH (82) |
$5,000.00 |
3.50% |
3.56% |
|
91 |
IRA CD - 1 YEAR (85) |
$5,000.00 |
4.00% |
4.08% |
|
92 |
IRA CD - 2 YEAR |
$5,000.00 |
5.00% |
5.12% |
|
93 |
IRA CD - 3 YEAR |
$5,000.00 |
5.05% |
5.17% |
|
94 |
IRA CD - 4 YEAR |
$5,000.00 |
5.15% |
5.27% |
|
95 |
IRA CD - 5 YEAR |
$5,000.00 |
5.20% |
5.33% |
|
|
|
50 |
CD - 6 MONTH (40, 45) |
$5,000.00 |
3.50% |
3.56% |
|
51 |
CD - 1 YEAR (30, 32) |
$5,000.00 |
4.00% |
4.08% |
|
52 |
CD - 2 YEAR |
$5,000.00 |
5.00% |
5.12% |
|
53 |
CD - 3 YEAR |
$5,000.00 |
|
|
|
54 |
CD - 4 YEAR |
$5,000.00 |
5.15% |
5.27% |
|
55 |
CD - 5 YEAR |
$5,000.00 |
5.20% |
5.33% |
|
IRA Accounts
Bigger and Better :click here
Fast Facts about the new Roth IRA,
Traditional IRA and Educational IRA : click here |
|
This Rate Schedule states rates applicable to specified accounts and fees common to all accounts.
This schedule is incorporated as a part of your account agreement with Desert Communities Federal Credit Union.
For the purposes of this disclosure, the dividend rate and annual percentage yield stated for the Certificate Share accounts were offered within the most recent seven calendar days.
Please call (760) 326-2942 toll free (877) 717-3232 to obtain current rate information.
Dividends are declared by the Board of Director Quarterly.
NCUA insured up to $100,000.00 | |
|
FEE SCHEDULE |
| GENERAL FEES |
|
Membership Fee (one time only) |
$1.00 |
|
Account Reconciliation Fee (first time free) |
$25.00/hour |
|
Wire Transfer Fee |
$18.00/wire |
|
Stop Payment Order |
$ 7.00/item |
|
Money Orders |
$ 1.00/each |
|
Traveler's Checks - Two Signature |
$ 1.00/$100.00 |
|
Traveler's Checks - One Signature |
$ 1.00/$100.00 |
|
Gift Checks |
$ 2.50/each |
|
Teller Checks (Non-Profit Organizations two Free per Month) |
$5.00/each |
|
Fax Fee
Re-open account within 90 days of closure
Copy of statement |
$5.00/ per fax
$10.00 +Membership Fee
$2.00 Per copy |
| SHARE DRAFT |
|
Service Charge
Service Charge Free with minimum daily balance of $500.00 |
$ 6.00/month |
|
Non-sufficient Funds (NSF) Will include ACH transactions such as POP,RCK,TEL,WEB debit cards and checks. |
$15.00/item |
|
Stop Payment Order |
$7.00/stop |
|
Draft Copy (first 2 free each statement period) |
$2.00/draft |
|
Check Printing Fee
Copy of statement
Account History |
Cost
$2.00 per copy
$1.00 per page |
| INSURED MONEY MARKET ACCOUNT |
|
Service Charge
Service Charge FREE with minimum daily balance of $2,500.00 |
$7.00/month |
|
Check Printing Fee (Pre-selected checks) |
Free |
Transaction Limitations
The minimum amount you may withdraw is $500.00. No more than six pre-authorized, automatic, or telephonic transfers may be made from your savings account of money market deposit account to another account at the Credit Union or to a third party in any calendar month, and no more than three of these six transfers may be made by check, draft,. debit card or similar order payable to a third party. If you exceed, or attempt to exceed, these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer request, and the Credit Union may reclassify or close your account. |
| ATM |
|
Withdrawals (First 10 free per month) |
$1.00/each |
|
Transfer/Inquiry/POS Fee |
$ .50/transaction |
|
Lost/Stolen ATM /DEBITCard Replacement |
$10.00/card |
|
3rd Owner Card |
$5.00 |
| HOME BANKING FEES |
| Internet Account Access Only |
No Charge |
| Internet Account Access & Bill Pay (FREE WITH DIRECT DEPOSIT) |
$5.00/ month (without) |
| Effective February 1, 2007 | | |
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