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%

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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

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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

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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.

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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.

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For all other available programs and current rates contact our Call Center at 

(925) 682-6650 or 1-800-435-4040.