Rates and Fees

Deposit Rates

For a complete list of deposit related fees and disclosures, please refer to our Truth in Savings and our Schedule of Account Fees

Savings & IRA Rates

Account Type Minimum Balance Rate APY
Share Savings
$5 0.15% 0.15%
Holiday Club Savings
$10 0.20% 0.20%
Express Kids Savings Club
$5 0.15% 0.15%
IRA Shares
$100 0.25% 0.25%

APY = Annual Percentage Yield. Dividends declared and paid quarterly. Fees could reduce earnings. Rates are subject to change without notice. Effective as of 03/31/2018.

Various CD & IRA CD Rates

Account Type Balance Requirements Rate APY
Single Deposit CD
6 Months $1,000 – $49,999 0.40% 0.40%
$50,000+ 0.45% 0.45%
12 Months $1,000 – $49,999 0.50% 0.50%
$50,000 – $99,999 0.75% 0.75%
$100,000+ 1.25% 1.25%
24 Months $1,000 – $49,999 0.75% 0.75%
$50,000 – $99,999 1.10% 1.10%
$100,000+ 1.50% 1.50%
36 Months $1,000 – $49,999 1.00% 1.00%
$50,000 – $99,999 1.50% 1.50%
$100,000+ 1.75% 1.75%
Add To CD
12 Months Minimum $100 / Maximum $1200 Contribution per Term 0.35% 0.35%
24 Months Minimum $100 / Maximum $1200 Contribution per Term 0.40% 0.40%
Educational / Coverdell Savings Account
12 Months $500+ 0.25% 0.25%
24 Months $500+ 0.30% 0.30%
36 Months $500+ 0.35% 0.35%
IRA Shares
12 Months $1,000 – $49,999 0.50% 0.50%
$50,000+ 0.75% 0.75%
24 Months $1,000 – $49,999 0.75% 0.75%
$50,000+ 1.10% 1.10%
36 Months $1,000 – $49,999 1.00% 1.00%
$50,000+ 1.50% 1.50%

APY = Annual Percentage Yield. Dividends declared and paid quarterly. Fees could reduce earnings. Rates are subject to change without notice. All rates apply to personal/individual deposits only. Contact ECU for social investments, corporate or commercial deposit rates and terms. Dividends paid monthly for 6 and 12 month CDs. Dividends paid quarterly for 24 and 36 month CDs. Effective as of 09/30/2018. CDs automatically renew for the same term at the effective rate offered at the time of renewal. A CD maturity notice will be mailed to you and you will have a 10 calendar day grace period from the date of maturity to select a different term or withdraw the funds in the CD without incurring an early withdrawal penalty. CDs are subject to early withdrawal penalties of 30 days interest if the term is 12 months or less, and 90 days interest if the term is greater than 12 months.

Borrow Rates

For a complete list of loan related fees and disclosures, please refer to our Truth in Lending and our Schedule of Account Fees

Account Type Estimated Monthly Payment Examples APR
New Auto Loan (2017 & newer)
$272.00 a month based on 5 year term, $15,000 loan at 3.24% APR 3.24% – 15.99%
Used Car Loan (2016-2006)
$273.00 a month based on 5 year term, $15,000 loan at 3.49% APR 3.49% – 17.99%
Motorcycle
$187.50 a month based on 5 year term, $10,000 loan at 4.74% APR 4.74% – 17.99%
Boat & RV
$414.34 a month based on 10 year term, $40,000 loan at 4.49% APR 3.24% – 16.99%
VISA Credit Card
Variable Rate APR 10% – 18%
Personal Loan
$242.86 a month based on 4 year term, $10,000 loan at 7.74% APR 7.74% – 17.99%
Holiday Loan
$130.53 a month based on 10 month repayment, $1000 loan at 12% APR, including $25 split into Holiday Savings Club Account 12%
Citizenship Loan
$85.62 a month based on 9 month repayment, $725 loan at 15% APR 15%
DACA Loan
$49.50 a month based on 10 month repayment, $495 loan at 0% APR 0%
Pay Day Alternative Loan
$191.67 a month based on 3 month repayment, $500 loan with 15% flat fee 15% Flat Fee

APR = Annual Percentage Rate. Rates are subject to change without notice. Effective as of 08/30/2018. Personal Loan rate includes .25% discount for auto-pay.