|
|
Consumer Loans | Payment Examples | VISA® Rates | Mortgage Loans | Loan Calculator | Loan Application
|
Consumer Loans* (Current as of July 9, 2010)
|
|
Type
|
Term (Months)
|
Fixed Rate (APR)
|
Variable Rate/Margin
|
Index Code**
|
|
20% Down
|
10% Down
|
0% Down
|
|
New Car
(2010)º
|
Up to 48
|
3.99%
|
4.25%
|
4.49%
|
Suspended
|
9
|
|
Up to 60
|
4.25%
|
4.49%
|
4.75%
|
Suspended
|
9
|
|
|
Up to 72
|
4.75%
|
4.99%
|
5.25%
|
Suspended
|
9
|
| |
Up to 84
|
5.25%
|
5.49%
|
5.75%
|
Suspended
|
9
|
|
Used Car (2005-2009)º
|
Up to 48
|
4.50%
|
4.75%
|
4.99%
|
Suspended
|
9
|
|
Used Car (2007-2009)*
|
Up to 60
|
4.50%
|
4.75%
|
5.00%
|
Suspended
|
9
|
|
Used Car (2007-2009)º; $24,000 Min
|
Up to 72
|
5.00%
|
5.25%
|
5.50%
|
Suspended
|
9
|
| |
|
|
|
|
|
|
|
Older Used Cars²
|
Up to 60
|
7.75%
|
7.75%
|
—
|
Suspended
|
9
|
|
Type
|
Term (Months)
|
Minimum Down
|
Fixed Rate
|
Variable Rate
|
Index Code
|
Variable Margin
|
|
New Recreational Vehicle
|
240
|
20%
|
9.00%
|
Suspended
|
9
|
Suspended
|
|
Used Recreational Vehicle
|
144
|
20%
|
9.50%
|
Suspended
|
9
|
Suspended
|
|
Share Secured
|
120
|
—
|
N/A
|
3.00%
|
9
|
0.00%
|
|
Miscellaneous Collateral
|
Up to 60
|
20%
|
7.25%
|
Suspended
|
9
|
Suspended
|
|
Mixed Collateral/Signature³
|
72
|
—
|
11.50%
|
9.00%
|
9
|
7.00%
|
|
|
|
|
|
|
|
|
|
Certificate Secured
|
Maturity
|
—
|
CD + 3%
|
N/A
|
N/A
|
N/A
|
|
Type
|
Term (Months)
|
Minimum Monthly Payment
|
Fixed Rate
Purchases
|
Variable Rate
|
Index Code
|
Variable Margin
|
|
Classic Visa®
|
Revolving
|
$15
|
14.95%
|
N/A
|
N/A
|
N/A
|
|
Platinum Visa®
|
Revolving
|
$15
|
12.50%
|
N/A
|
N/A
|
N/A
|
|
Signature
|
Up to 72
|
—
|
14.00%
|
10.00%
|
9
|
8.00%
|
*All loans are subject to Metro 1 Credit Union's Custom Loan Rate Policy. The custom rate for each individual loan will be assigned at the time the loan is underwritten based on the member's credit-worthiness. Loan rates, terms and policies are subject to change and all loan requests are subject to credit approval.
**The variable rate index currently used (9) is based on the 5-Year Treasury Note, rounded up to the nearest 0.250%. The current rate is: 2.000%
|
Representative Examples
|
|
º Pay $ per month per $1000 borrowed for 60 months at 5.20% fixed APR with a down-payment of 0% of the amount borrowed. If your loan has a variable rate, the rate may increase after consummation.
¹ Pay $15 per month per $1000 borrowed for 84 months at 6.40% fixed APR with a down-payment of 0% of the amount borrowed. If your loan has a variable rate, the rate may increase after consummation.
² Pay $21 per month per $1000 borrowed for 60 months at 7.75% fixed APR with a down-payment of 0% of the amount borrowed. If your loan has a variable rate, the rate may increase after consummation.
³ Pay $23 per month per $1000 borrowed for 60 months at 13.75% fixed APR with a down-payment of 0% of the amount borrowed. If your loan has a variable rate, the rate may increase after consummation.
|
Back to Top
|
Classic Visa® Credit Card Rates and Disclosure
|
|
Rates
|
|
Annual Percentage Rate (APR) for PURCHASES
|
12.50% to 25.95%
|
|
Annual Percentage Rate (APR) for CASH ADVANCES and BALANCE TRANSFERS
|
14.50% to 29.95%
|
|
Disclosure
|
|
Grace period for repayment of the balance for PURCHASES
|
25 days to repay the balance before a finance charge on purchases will be imposed
|
|
Grace period for repayment of the balance for CAH ADVANCES and BALANCE TRANSFERS
|
None
|
|
Method of computing balance for purchases, cash advances and balance transfers
|
Average Daily Balance (including new purchases)
|
|
Annual fees
|
None
|
|
Minimum finance charge
|
None
|
| Foreign transaction fee |
1% of international transaction requiring multi-currency conversion
0.8% of international transaction requiring single currency conversion
|
|
Transaction fee for cash advances and balance transfers
|
$4 or 2% of the amount of the Advance or Transfer, whichever is greater, not to exceed the maximum rate of $50 per advance or transfer
|
|
Late-payment fee
|
$15.00 when your Minimum Monthly Payment is ten (15) days late after the Payment Due Date
|
|
Over-the-credit-limit fee
|
None
|
|
Platinum Visa® Credit Card Rates and Disclosure
|
|
Rates
|
|
Annual Percentage Rate (APR) for PURCHASES
|
11.25% to 23.50%
|
|
Annual Percentage Rate (APR) for CASH ADVANCES and BALANCE TRANSFERS
|
13.25% to 27.50% |
|
Disclosure
|
|
Grace period for repayment of the balance for PURCHASES
|
25 days to repay the balance before a finance charge on purchases will be imposed
|
|
Grace period for repayment of the balance for CAH ADVANCES and BALANCE TRANSFERS
|
None
|
|
Method of computing balance for purchases, cash advances and balance transfers
|
Average Daily Balance (including new purchases)
|
|
Annual fees
|
None
|
|
Minimum finance charge
|
None
|
| Foreign transaction fee |
1% of international transaction requiring multi-currency conversion
0.8% of international transaction requiring single currency conversion
|
|
Transaction fee for cash advances and balance transfers
|
$4 or 2% of the amount of the Advance or Transfer, whichever is greater, not to exceed the maximum rate of $50 per advance or transfer; Waived first six (6) months for cash advances
|
|
Late-payment fee
|
$15.00 when your Minimum Monthly Payment is ten (15) days late after the Payment Due Date
|
|
Over-the-credit-limit fee
|
None
|
|
Starter Visa® Credit Card Rates and Disclosure
|
|
Rates
|
|
Annual Percentage Rate (APR) for PURCHASES
|
19.95%
|
|
Annual Percentage Rate (APR) for CASH ADVANCES and BALANCE TRANSFERS
|
23.95% |
|
Disclosure
|
|
Grace period for repayment of the balance for PURCHASES
|
25 days to repay the balance before a finance charge on purchases will be imposed
|
|
Grace period for repayment of the balance for CAH ADVANCES and BALANCE TRANSFERS
|
None
|
|
Method of computing balance for purchases, cash advances and balance transfers
|
Average Daily Balance (including new purchases)
|
|
Annual fees
|
None
|
|
Minimum finance charge
|
None
|
| Foreign transaction fee |
1% of international transaction requiring multi-currency conversion
0.8% of international transaction requiring single currency conversion
|
|
Transaction fee for cash advances and balance transfers
|
$4 or 2% of the amount of the Advance or Transfer, whichever is greater, not to exceed the maximum rate of $50 per advance or transfer
|
|
Late-payment fee
|
$15.00 when your Minimum Monthly Payment is ten (15) days late after the Payment Due Date
|
|
Over-the-credit-limit fee
|
None
|
Back to Top
|
Mortgage Loans (Current as of July 9, 2010)
|
|
Mortgage Type
|
Rate Type
|
Terms in Years
|
Points Charged
|
Initial Advance
|
|
Home Equity Entree
|
Variable
|
Open end
|
0.00%
|
$5,000
|
|
Equity Loan (2nd Trust Deed)
|
Fixed
|
15
|
0.00%
|
*
|
|
1st Trust Deeds
|
Fixed
|
15/20/30
|
Varies
|
—
|
|
ARM
|
30
|
Varies
|
—
|
*See separate Real Estate Loan Rate Sheet for information on Mortgage Loan Rates and Terms
Back to Top
Savings Rates | Certificate Rates | Deposit Calculators
|
Savings Rates (Current as of July 9, 2010)
|
|
Product Type
|
Minimum Initial Deposit
|
Minimum to Earn APY*/Div.
|
Balance Tiers
|
Dividend Rate**
|
Annual Percentage Yield **
|
|
Minimum
|
Maximum
|
Minimum
|
Maximum
|
|
Regular Shares
|
$5
|
$100
|
—
|
—
|
0.10%
|
—
|
0.10%
|
|
Secondary Shares
|
$5
|
$100
|
—
|
—
|
0.10%
|
—
|
0.10%
|
|
Metro Checking
|
$100
|
$1,500
|
—
|
—
|
0.05%
|
—
|
0.05%
|
|
Business Plus Checking
|
$100
|
$5,000
|
$0.01
|
$4,999.00
|
0.00%
|
0.00%
|
0.00%
|
|
$5,000.00
|
$9,999.00
|
0.10%
|
0.00%
|
0.10%
|
|
$10,000.00
|
and up
|
0.20%
|
0.10%
|
0.20%
|
|
Money Market Account
|
$2,500
|
$2,500
|
$0.01
|
$9,999.00
|
0.10%
|
0.10%
|
0.10%
|
|
$10,000.00
|
$99,999.00
|
0.15%
|
0.10%
|
0.15%
|
|
$100,000.00
|
and up
|
0.20%
|
0.15%
|
0.20%
|
|
Premier Money Market Account
|
$350,000
|
$2,500
|
$0.01
|
$9,999.00
|
0.10%
|
0.10%
|
0.10%
|
|
$10,000.00
|
$99,999.00
|
0.15%
|
0.10%
|
0.15%
|
|
$100,000.00
|
and up
|
0.25%
|
0.15%
|
0.25%
|
|
Individual Retirement Account
|
$25
|
$25
|
—
|
—
|
0.25%
|
—
|
0.25%
|
|
Christmas Club
|
$5
|
$5
|
—
|
—
|
0.10%
|
—
|
0.10%
|
|
Vacation Club
|
$5
|
$5
|
—
|
—
|
0.10%
|
—
|
0.10%
|
|
Tax Deferred Annuity: For information, call Metro 1's MEMBERS at (925) 682-6650, ext. 4315. Financial Services Center
|
*APY = Annual Percentage Yield. Fees or other conditions could reduce earnings on any of the listed accounts.
**Dividend rates and APY are variable rates and may change daily as determined by the Credit Union's Board of Directors. The APY is accurate as of the last dividend declaration date.
Back to Top
|
Market Share Certificates (Current as of July 9, 2010)
|
|
Type
|
Term
|
Minimum Deposit
|
Annual Percentage Yield*
|
|
Market Share Certificate
|
6 Months
|
$500.00
|
0.20%
|
|
9 Months
|
$1,000.00
|
0.25%
|
|
12 Months
|
$1,000.00
|
0.45%
|
|
24 Months
|
$1,000.00
|
0.90%
|
|
36 Months
|
$1,000.00
|
1.51%
|
|
60 Months
|
$1,000.00
|
2.02%
|
|
IRA Certificates
|
12 Months
|
$1,000.00
|
0.65%
|
|
24 Months
|
$1,000.00
|
1.11%
|
|
36 Months
|
$1,000.00
|
1.71%
|
|
60 Months
|
$1,000.00
|
2.22%
|
|
Bump-Up Certificate
|
18 Months
|
$2,500.00
|
0.60%
|
|
48 Months
|
$2,500.00
|
1.66%
|
*APY = Annual Percentage Yield. Based on a 12-month period. The Annual Percentage Yield based on an assumption that dividends will remain in the account until maturity and is accurate as of the date set forth above. A withdrawal of dividends will reduce earnings. Dividend rates and APYs are variable rates and may change daily as determined by the Credit Union's Board of Directors. Chartwatch conducts their rate survey several days before their rate table is published and the rates may not be current. Metro1 1 CU will only honor the rates that are posted on the Metro 1 CU current rate sheet. For current rates, contact our Call Center at (925) 682-6650 or (800) 435-4040.
Back to Top
For all other available programs and current rates contact our Call Center at
(925) 682-6650 or 1-800-435-4040.
|