| Current Rates Loan Rates and Rebates |
Current Loan Rates and Rebates
Effective Friday, July 04, 2008For payments made during this calendar month, the finance charge is calculated by rounding up the annualized yield, adjusted for constant maturity, of 5-year Treasury Notes as reported by the Federal Reserve Bank on a weekly average basis, to the next higher 1/4% (index) and adding a specified margin. As of the first of the month the yield was 03.44%.* Therefore, our current index rate is 03.50%.*
The following chart specifies the current Annual Percentage Rate (APR), Daily Periodic Rate,and Minimum APR for new loans.
| Loan Type V = Variable F = Fixed |
Annual Percentage Rate (APR)* | Daily Periodic Rate | Minimum APR |
| As low as | |||
| Savings Secured Line of Credit | 04.99%V | .013671% | 04.99% |
| Stock Secured Line of Credit | 06.99%V | .019151% | 06.99% |
| Stock Prime Line of Credit | 06.50%V | .017808% | 06.50% |
| Credit Cards | |||
| Platinum | 07.99%V | .021890% | 07.99% |
| Gold | 07.99%V | .021890% | 07.99% |
| Silver | 10.49%V | .028740% | 09.99% |
| Secured Credit Card | 09.25%V | .025342% | |
| Signature Line of Credit | 09.49%V | .026000% | 07.99% |
| Personal Loans | As Low As | ||
| Personal Loan Max term 24-Month | 07.49%F | .020521% | |
| Personal Loan Max term 48-Month | 07.99%F | .021890% | |
| Personal Loan Max term 72-Month | 08.49%F | .023260% | |
| Personal Loan Max term 84-Month | 08.99%F | .024630% | |
| Vehicle Loans | As Low As | ||
| Autodraft (Variable) | 05.99%V | .016411% | 05.99% |
| New Auto Conventional 48-Month with 20% down ** | 05.49%F | .015041% | |
| New Auto Conventional 60-Month with 20% down ** | 05.75%F | .015753% | |
| New Auto Conventional 72-Month with 20% down ** ($20,000 Minimum) | 05.75%F | .015753% | |
| New Auto Conventional 84-Month with 20% down ** ($20,000 Minimum) | 05.99%F | .016411% | |
| New Auto Conventional 48-Month with 0% down ** | 05.99%F | .016411% | |
| New Auto Conventional 60-Month with 0% down ** | 06.25%F | .017123% | |
| New Auto Conventional 72-Month with 0% down ** ($20,000 Minimum) | 06.25%F | .017123% | |
| New Auto Conventional 84-Month with 0% down ** ($20,000 Minimum) | 06.99%F | .019151% | |
| Used Auto Conventional 48-Month with 20% down ** | 05.99%F | .016411% | |
| Used Auto Conventional 72-Month with 20% down ** ($20,000 Minimum) | 06.25%F | .017123% | |
| Used Auto Conventional 48-Month with 0% down ** | 06.49%F | .017781% | |
| Used Auto Conventional 72-Month with 0% down ** ($20,000 Minimum) | 06.75%F | .018493% | |
| Auto Refinancing Available | |||
| Boat/RV Loans | As Low As | ||
| New Boat Loan 48-Month | 05.99%F | .016411% | |
| New Boat Loan 72-Month | 06.99%F | .019151% | |
| New Boat Loan 120-Month | 07.99%F | .021890% | |
| New Boat Loan 180-Month | 08.99%F | .024630% | |
| New Boat Loan 240-Month | 09.99%F | .027370% | |
| Used Boat Loan 48-Month | 05.99%F | .016411% | |
| Used Boat Loan 72-Month | 06.99%F | .019151% | |
| Used Boat Loan 120-Month | 07.99%F | .021890% | |
| Used Boat Loan 180-Month | 08.99%F | .024630% | |
| Used Boat Loan 240-Month | 09.99%F | .027370% | |
| REAL ESTATE PRODUCTS | |||
| First Mortgages | For current rates, click here. | ||
| Lines of Credit | As Low As | ||
| Home Equity Line of Credit ** | |||
| 80% Combined Loan to Value | 04.50%V | .012329% | |
| 90% Combined Loan to Value | 06.00%V | .016438% | |
| RealtyLine Line of Credit | |||
| 85% Combined Loan to Value | 05.99%V | .016411% | 05.99% |
| Home Equity Loans ** | As Low As | ||
| 80% Combined Loan to Value | |||
| 0-120 months | 05.99%F | .016411% | |
| 121-240 months | 06.99%F | .019151% | |
| 90% Combined Loan to Value | |||
| 0-120 months | 06.99%F | .019151% | |
| 121-240 months | 08.49%F | .023260% | |
|
RealtyLine Loan is a registered trademark of CU Services LLC.
* Rates subject to change. | |||
Home Equity Line of Credit
Variable annual percentage rate is calculated based on the Prime rate, as posted in The Wall Street Journal, less a margin as low as ˝% or plus a margin as high as 1%. Margins are set based on the risk associated with the loan and an individual's or joint credit history. There is no minimum APR; maximum APR is 18%. Advertised rate assumes an 80% loan to value ratio. Minimum line of credit is $10,000. USAlliance Home Equity Line of Credit (HELOC) is available for one to four family structures including a condominium unit, excluding co-ops and investment properties. Finance charges begin to accrue from the day of the initial advance. Initial draw period is for ten years. Initial draw must be a minimum of $5,000 and a minimum of $500 for additional draws. Minimum payments are interest only during the draw period, up to 20 years of principal plus interest thereafter. There are no closing costs associated with a HELOC with the exception of any and all state/county mortgage taxes. Homeowner’s insurance is required; flood insurance is required where applicable. Consult a tax advisor regarding the deductibility of interest. Rates are subject to change.
Interest Rebates
Borrowers with Savings Secured Loans have historically been rewarded with a 25% interest rebate. Future rebates are not guaranteed and are subject to Board approval. You can even elect to have any interest rebates automatically applied to your loan balance; ask for details.
VISA Credit Card Disclosures
| Annual Percentage Rate for Purchases |
As of 07/04/2008 : Visa Classic 10.49% Visa Gold 07.99% Visa Secured 09.25% Visa Platinum 07.99% |
| Other APRs | Cash Advance APR Visa Classic 10.49% Cash Advance APR Visa Gold 07.99% Cash Advance APR Visa Secured 09.25% Cash Advance APR Visa Platinum 07.99% |
| Variable Rate Information | Your Annual Percentage Rate (APR) may vary and may be subject to change monthly for all credit cards types. The rate for the Classic and Gold Cards is determined monthly by rounding up the auction price rate (yield) of the most recently auctioned 5 year US Treasury Note (or, if no auction is held in the previous calendar month, the annualized yield adjusted for constant maturity of 5 year US Treasury Notes as reported by the Federal Reserve on a weekly average basis - Report H.15) to the next higher ¼% and adding a margin of 6.99% for Visa Classic and 2.99% for Visa Gold. The rate for the Secured Card is determined monthly by routing up the most recently auctioned 2-year treasury note (as reported by the Federal Reserve on a weekly average basis - Report H.15) to the next higher ¼% and adding a margin of 6.25%. The Platinum Visa Card promotional rate shall be fixed at 4.99% for the first six months of card opening. This shall be known as the introductory period. After the introductory period, the rate will be The Wall Street Prime (Index) plus 2.00% (margin). The Platinum minimum rate or floor rate will be 7.99%. |
| Grace Period for Repayment of Balances for Purchases: | You have 23 days from the statement closing date to repay your entire statement balance. |
| Method for Computing the Balance for Purchases: | Average daily balances including new purchases. |
| Minimum Finance Charge: | None |
| Annual Fee: | None |
| Other Fees: | Transaction Fee for Cash Advances: 2% (Finance Charge) of the
advance amount, minimum $2.00, maximum $10.00 for Visa Classic, Visa Gold and Visa Secured Cards. Transaction fee for Cash Advances and Balance Transfers: 3%, $10.00 minimum, $50.00 maximum for Visa Platinum Card. Foreign Exchange Fee for all card types: 2% of any transaction that you complete or a merchant completes on your card outside the U.S., Puerto Rico or the U.S. Virgin Islands. Late Payment Fee for Visa Classic, Visa Gold and Visa Secured Cards: $10.00. Late Payment Fee for Visa Platinum Card: $30.00. Exceeding the Credit Limit Fee for all credit card types: $35.00. |
Current Savings Rates and Yields
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