Loan & Deposit Rates

Loan Rates Effective June 1, 2010

AUTOMOBILES
New  
84 Months over $30,000 100% of Purchase Price 6.40% APR*
72 Months over $30,000 100% of Purchase Price 6.29% APR*
60 Months (under $30,000) 100% of Purchase Price 6.00% APR*
48 Months (under $30,000) 100% of Purchase Price 5.89% APR*
Used    
72 Months 1 & 2 years old (over $20,000) 90% of NADA Retail Value 6.50% APR*
60 Months 1 & 2 years old 90% of NADA Retail Value 6.35% APR*
60 Months 3 & 4 years old 90% of NADA Retail Value 6.15% APR*
48 Months 3 & 4 Years 90% of NADA Retail Value 6.00% APR*
36 Months 5 years and older 90% of NADA Retail Value 5.95% APR*
BOATS
New    
72 Months 100% of Purchase Price 7.25% APR*
60 Months 100% of Purchase Price 7.00% APR*
Used    
60 Months over $15,000 90% of NADA Retail Value 7.59% APR*
48 Months 90% of NADA Retail Value 7.15% APR*
SURF & TURF (Personal Watercraft & All Terrain Vehicles)
New    
48 Months 100% of Purchase Price 7.25% APR*
36 Months 100% of Purchase Price 7.00% APR*
FARM EQUIPMENT
New    
84 Months 100% of Purchase Price 8.00% APR*
72 Months 100% of Purchase Price 7.89% APR*
60 Months 100% of Purchase Price 7.75% APR*
Used    
60 Months 90% NADA Retail Value 8.00% APR*
48 Months 90% NADA Retail Value 8.85% APR*
RV’S – MOTORIZED AND NON-MOTORIZED
New    
120 Months 100% of Purchase Price 8.35% APR*
Used    
60 Months 90% NADA Retail Value 8.00% APR*
*Annual Percentage Rate
Consumer Loans: Furniture, Appliances, Satellite Dishes & Etc.
New    
36 Months 100% of Purchase Price 11.00% APR*
Lawn Mowers
New    
36 Months <$3000.00 100% of Purchase Price 6.59% APR*
48 Months >$3000.00 100% of Purchase Price 8.00% APR*
Unsecured Signature Loans
Limits based on years of employment up to a maximum $7500.00
With Share Draft Account 12.90% APR*
Without Share Draft Account 13.90% APR*

Alabama Rural Electric Federal Credit Union makes available MEMBERSŪ Auto Insurance Program.
Click here for a FREE rate quote.

Dividend Rates Effective July 1, 2010

SMALL SAVER CERTIFICATES (Minimum Deposit $1,000)
6 Months 1.00%
1.00%* APY
12 Months 1.10% 1.11%* APY
18 Months 1.40%
1.41%* APY
30 Months 1.50% 1.51%* APY
ONE TIME BUMP UP CERTIFICATE (Minimum Deposit of $5,000)
18 Months 1.75%*
1.76% APY
30 Months

1.85%*

 1.87% APY
JUMBO SAVER CERTIFICATES (Minimum Deposit of $50,000)
6 Months 1.25%*
1.26% APY
12 Months 1.35%* 1.36% APY
18 Months 1.70%*
1.71% APY
30 Months 1.80%* 1.81% APY
SUPER SAVER ACCOUNTS (Minimum Deposit of $2,500)
  1.00%* 1.00% APY
CLUB IRA
  1.60%* 1.61% APY
30 MONTH IRA CERTIFICATE
  1.90%* 1.92% APY
SHARE DRAFT
$0.00 – $500.00 0.00% 0.00% APY
$500.01 – OVER 0.25%* 0.25% APY
REGULAR SHARES
  0.50%* 0.50% APY
CHRISTMAS CLUBS
  1.00%* 1.00% APY
VACATION CLUBS
  0.75%* 0.75% APY
ACRE CLUB
  0.00%* 0.00% APY

Rates are subject to change without notice.
Available to qualified members, title and UCC fees will be charged when applicable.
*Annual percentage Rate

Your Savings Federally Insured to at least
$250,000
And backed by the faith and credit of the United States Government
by National Credit Union Administration
a U.S. Government Agency

 

  

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency

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