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Rates

Checking Dividend Rates (Effective 9/21/16)

Type Dividend Rate APY
Share Draft Checking 0.05%◊◊ 0.05%
5 Star Checking 0.05%◊◊◊ 0.05%

Savings Rates (Effective 9/21/16)

Type Dividend Rate◊◊◊◊ APY
Share Savings 0.25% 0.25%
Savings Revolution 0.25% 0.25%
Christmas Club 0.05% 0.05%
IRA Share Account 0.50% 0.50%

Money Market (Effective 9/21/16)

Type Balance Dividend Rates¥ APY
Money Market Account $25,000 0.60% 0.60%
$50,000 0.65% 0.65%
$75,000 0.75% 0.75%

Share Certificate & IRA Certificate Accounts (Effective 9/21/16)

New Vehicle Loan (Effective 7/23/15)

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Terms APR*
Financing is available up to 100% of the purchase price of the vehicle, including tax, title, and warranty. Depending on the vehicle value, terms are available up to 72 months. 2.99%† to 17.99%

Used Vehicle Loan (Effective 7/23/15)

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Terms APR*
Financing is available up to 100% of the NADA retail value of the vehicle, including title, taxes, tags, and warranty. Depending on the vehicle value, terms are available up to 72 months. 2.99%† to 17.99%

Recreational Vehicle Loans (Effective 7/14/14)

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Terms APR*
Depending on the RV/Camper/Boat value, terms are available up to 120 months. Some exceptions apply. 3.99%Π to 8.49%

Motorcycle Loans (Effective 8/5/14)

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Terms APR*
Financing is available up to 100% of the purchase price of the motorcycle, including tax, title, and warranty. Depending on the vehicle value, terms are available up to 72 months. 3.99%‡ to 10.49%

Getting Started Loan (Effective 8/5/14)

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Terms APR*
Use the Getting Started Loan to buy your first vehicle. If you do not have a credit score, this could be the loan for you. We will help you get started with a great rate and terms are available up to 60 months. 8.24% to 8.49%

Lifestyle Loan (Effective 9/4/14)

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Terms APR*
Financing available for a variety of items, such as heating and air conditioning repair, veterinary expenses, wedding expenses, funeral/memorial expenses, and more. Maximum loan amount based on credit qualifications. 5.99% to 14.99%

Credit Card*** (Effective 8/4/14)

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Terms APR*
Our Visa credit card is truly rewarding! Get the same rate for purchases, balance transfers, and cash advances. Enjoy NO monthly or annual fees, NO balance transfer fees, and NO charge for our rewards points program. Plus, it's great for traveling abroad 7.99% to 14.99%

Personal Line of Credit** (Effective 07/23/15)

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Terms APR*
Maximum amount based on credit qualifications. This line of credit is one of our most popular and flexible products because it can be used to fund almost any need. 7.99% to 17.99%

Shared Secured Loan**** (Effective 8/5/14)

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Terms APR*
Shares are held in members account equal to the balance of the loan. Maximum term is 60 months. This is a great way to build credit. 3.00% Above Share
/CD Rate

Membership required to open any deposit account. Non-refundable joining fee of $1 plus $25 savings (share draft) deposit refundable at account closing. Fees could reduce the earnings of the account. See Fee Schedule for details.

◊ APY = Annual Percentage Yield

◊◊ Share Draft Checking Accounts require an average daily balance of $300.00 to earn the stated quarterly dividend. Rates are subject to change quarterly as determined by the Credit Union Board of Directors. Fees could reduce the earnings of the account. See Fee Schedule for details. For additional information, please read the Truth in Savings Share Account Disclosure.

◊◊◊ Five Star Checking Accounts do not require a minimum balance to earn the stated monthly dividend; however, you must meet all monthly qualifiers to receive dividend. Rates are subject to change monthly as determined by the Credit Union Board of Directors. Fees could reduce the earnings of the account. See Fee Schedule for details. For additional information, please read the Truth in Savings Share Account Disclosure.

◊◊◊◊ The Share Account requires an average daily balance of $300.00 to earn the stated dividend. A Primary Share Account requires a $25 minimum deposit to open. An IRA Share Account requires a minimum $100 deposit to open. Rates are subject to change quarterly as determined by the Credit Union Board of Directors. Last updated September 21, 2016. Dividends are calculated using the average daily balance and are paid and compounded quarterly. Dividend are not paid on accounts closed before the end of the quarter. For additional information, please read the Truth in Savings Share Account Disclosure.

¥ Money Market Accounts require an average daily balance of $300.00 to earn the stated dividend. Money Market Accounts require the stated minimum deposit to open. For example, the Money Market Account of $25,000 requires a $25,000 minimum deposit to open. Rates are subject to change monthly as determined by the Credit Union Board of Directors.  A fee of $25.00 will be applied for each occurrence if the minimum daily balance is not maintained in the period.  The period is a month. For additional information, please read the Truth in Savings Share Account Disclosure.

∆  A Share Certificate requires a minimum balance of $2,500.00 to open. We may impose a penalty if you withdraw any of the principal before the maturity date. For Share Certificate accounts, the amount of early withdrawal penalty for your accounts is 180 days dividends. Share Certificate rates are subject to change weekly. Early Withdrawal Penalty. We may impose a penalty if you withdraw any of the principal before the maturity date. Amount of Penalty. For Certificate accounts, the amount of the early withdrawal penalty for your accounts is 180 days of dividends. How the Penalty Works. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. For additional information, please read the Truth in Savings Share Certificate Disclosure.

* APR=Annual Percentage Rate

** Personal Line of Credit: Subject to credit approval. Your rate may vary depending on individual credit history and the Credit Union's underwriting standards. Rates and terms subject to change. Some restrictions may apply. Contact Fort Lee Federal Credit Union for more details. For additional information, please read the Line of Credit Agreement.

Loan Example:

APR

Monthly Payment

$1,000 for 12 months

12.99%

$89.31

$2,000 for 12 months

9.99%

$175.82

*** Credit Card: Membership required to apply for a credit card. Non-refundable joining fee of $1 plus $25 savings deposit refundable at account closing. Subject to credit approval. The actual rate you receive is based on credit worthiness criteria. Balance transfers cannot be applied to current Fort Lee FCU loans. Finance charges for purchases, cash advances and balance transfers are computed by applying the periodic rate to the average daily balance. For cash advances and balance transfers, the finance charge starts to accrue from the date you get the advance or from the first day of the billing cycle in which the cash advance is posted to your account, whichever is later. Rates and terms subject to change. Some restrictions may apply. Contact Fort Lee Federal Credit Union for more details. For additional information, please read the Visa Platinum Solicitation Disclosure.

**** Share Secured Loan: Subject to credit approval. Your rate may vary depending on individual credit history and the Credit Union's underwriting standards. Rates and terms subject to change. Some restrictions may apply. Contact Fort Lee Federal Credit Union for more details.

† 2.99% is applicable on new and used vehicle models for terms up to 72 months. Credit qualifications apply. The rate you receive is determined by credit qualifications. Please ask a loan officer for more information.

‡ 3.99% is applicable on motorcycles with a 10% down payment and terms up to 48 months.

Rates subject to change without notice. Please contact FLFCU staff member for current rates and details. All rates listed above are our best rates based on approved credit; actual rates may be higher depending upon applicant's credit rating and other underwriting factors. Most loans are processed the same day as the application is received. Your rate may vary depending on individual credit history and the Credit Union's underwriting standards.

Loan Example for Vehicle Loan:

APR

Monthly Payment

$25,000 for 60 months at 100% loan to value:

2.99%

$449.11

$25,000 for 72 months at 100% loan to value:

3.99%

$391.02

$25,000 for 60 months at 100% loan to value:

5.49%

$477.71

$25,000 for 72 months at 100% loan to value:

6.49%

$420.13

Π 3.99% is applicable on new and used RVs, Campers and Boats for terms up to 72 months. Credit qualifications apply. Please ask a loan officer for more information.