Savings Rates | Loan Rates | Mortgage Rates

AAA Members qualify for a .25% addition to any CD rate and .25% subtraction to any new or used car loan rate. ** AAA incentive already included in listed rates** Effective December 24, 2009  Savings Rates   Product  Rate APY  Minimum Balance Share Account 0.30% 0.30% $5.00 share in credit union $250.00 to earn interest Insurance Account 0.30%   0.30% $250.00 to earn interest   Special Purpose   0.30% 0.30%   $250.00 to earn interest IRA Shares 1.00% 1.01% None   Mega Buck Account   0.30%   0.30%   None   Student Achievers   0.30%   0.30%   None   Life Saver Account 3.00% 3.03% $25-$100 per month                                               *APY = Annual Percentage Yield Certificates of Deposit/IRA CD  SHARE CERTIFICATE TERM APY RANGE      6 Month 0.75% - 1.15%       12 Month 1.25% - 1.65%      24 Month 1.75% - 2.15%      36 Month 2.40% - 2.84%      48 Month 2.60% - 3.04% Penalty for early withdrawals. AAA Members qualify for a .25% addition to any CD rate and .25% subtraction to any new or used car loan rate. ** AAA incentive already included in listed rates** Loan Rates Loan Type Annual Percentage Rates as low as Term/Information       New Auto Loan 4.00%  From 24-60 Months Used Auto Loan        4.50% From 24-60 Months Recreational Vehicle(new) 5.00% 60 Months Recreational Vehicle (used) 6.25% 60 Months Unsecured Loan 6.50%  12 Months Share Secured  2.50% From 12-60 Months *Your Actual APR (Annual Percentage Rate) will be based upon your individual credit worthiness, loan amount & term of loan. Balloon Mortgages   FIRST AND SECOND MORTGAGES Terms APR as low as Payment per $1000 5 year balloon 25 year amortization 80% LTV - Zero points 4.85% $5.77 7 year balloon 25 year amortization 80% LTV - Zero points 5.25% $6.00 5 year balloon 25 year amortization 90% LTV - Zero points 6.00% $6.45 7 year balloon 25 year amortization 90% LTV - Zero points 6.75% $6.91 Member pays closing costs, rates higher for LTV over 80%            HOME EQUITY LINE OF CREDIT OPTION   Option 1 Option 2 Maximum Value Loaned:   80%   100%   Maximum Amount:   $150,000   $50,000 Value Determined By: *SEV or Appraisal   Appraisal Rate as low as: (Variable based on prime rate -Maximum APR 18%) 4.50% APR(Prime +1.25%) 5.50% APR (Prime + 2.25%) Term: 10 yrs 10yrs Maximum Repayment Period: 20 yrs 20 yrs Minimum Payments:     Balance Owing Payoff Period Up to $5,000   5 years   $5,001 - $10,000 8 years $10,001 – $15,000   10 years $15,001 - $25,000 15 years $25,001 and up 20 years EXAMPLE OF HOW TO FIGURE  YOUR  LINE OF CREDIT 80% Of Value 100% of Value Value of Home $100,000 X     80% $80,000  $100,000  X    100% $100,000  Less Current Mortgage Debt  - $40,000 - $40,000 Potential Credit Line $40,000  $60,000     Home Equity Line of Credit may adjust twice a year on January 1 and July 1.                Long term fixed rate options are available through Mortgage Centers. Please call us for details.

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Consumers Choice Credit Union
2510 Weiss St.
Saginaw, Michigan 48602
989.799.5580
Fax: 989.799.5108
cclark@choicecu.org