Rates

Loan Rates

New Auto Loan Rates

Table data for New Auto Loan Rates
 Effective 02-20-2020
Term Loan Amount APR (as low as)1 Monthly Payment Per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $25,000 2.35% $16.17 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.05% $16.48 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.30% $17.05 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
A New Auto is an untitled auto or current year model.
  • 1Annual Percentage Rate. The New Auto rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Used Same as New Auto Loan Rates

Table data for Used Same as New Auto Loan Rates
 Effective 02-20-2020
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $15,000 2.35% $16.17 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.05% $16.48 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.30% $17.05 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
A Used Same as New Auto includes model years 2018 and 2019 that are untitled autos or current year models.
  • 1Annual Percentage Rate. The Used Same As New rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Used Auto Loan Rates

Table data for Used Auto Loan Rates
 Effective 02-20-2020
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $15,000 2.75% $16.35 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.65% $16.75 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.65% $17.21 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
A Used Auto includes model years 2014, 2015, 2016, 2017, and 2018.
  • 1Annual Percentage Rate. The Used Auto rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Signature, Personal, Lifestyle & Holiday Loan Rates

Table data for Signature Loan Rates
 Rates effective 02-20-2020
Term Loan Amount APR1 Maximum APR Monthly Payment per $1,000 Estimate Your Payment Alert Me
Up to 72 months $100 to $30,000 As low as 9.24% 18.00% $18.02 Estimate Your Payment
  • 1Annual Percentage Rate. The Signature rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Personal Line of Credit Rates

Table data for Personal Line of Credit Rates
 Effective 02-20-2020
APR (as low as)1 Amount Estimate Your Payments Alert Me
Variable Rate of Wall Street Prime + 6% (11.50%) $30,000 maximum Estimate Your Payment
  • 1The Annual Percentage Rate(APR) will change on the 1st day of each quarter (January, April, July, and October) based on the interest rate Index. The Index is the Prime Rate published in the Wall Street Journal on the last day of each quarter plus a margin of 6%. The APR will never be more than 18.00% or the maximum rate allowed by NCUA, whichever is less. Any increase in the annual percentage rate as a result of an increase in the Index will result in higher payments.Your monthly payment for a variable rate line of credit balances will be 2% of the outstanding balances, however, your minimum payments will never be less than $10.00.↵

Share Draft Overdraft Rates

Table data for Share Draft Overdraft Rates
 Effective 02-20-2020
APR (as low as) Amount Comments Alert Me
17.50% Up to $2,500 Monthly payment will be $15 for each $500 or fraction of $500 of your loan balance.

Credit Card Rates

Table data for Credit Card Rates
 Rates effective 02-20-2020
Account Type APR (as low as)1 Maximum Financed Comments Estimate Your Payments Alert Me
VISA Rewards2 13.50%–18.25% Variable $30,000 Rewards Points Estimate Your Payment
Visa Classic 14.90% $5,000 Estimate Your Payment
VISA Secured 7.90% $10,000 Funds will be held in share account Estimate Your Payment
  • 1APR= Annual Percentage Rate. Minimum monthly payment: 2.5% of your total new balance or $25 whichever is greater. (No interest on purchase balances paid within 25 days of the statement closing dates. Example: statement closing date 1/31, to avoid interest pay balance in full by 2/25.) See agreement for details.↵
  • 2Variable rate of Wall Street Prime + 6% .↵

Home Equity Loan and Line of Credit Rates

Table data for Home Equity Loan Rates
 Rates effective 02-20-2020
Term Maximum Loan Amount APR (as low as)1 Maximum LTV Monthly Payment per $1,000 Estimate Your Payment Alert Me
5 years $250,000 4.50% 85% $18.64 Estimate Your Payment
7 years $250,000 5.00% 85% $14.13 Estimate Your Payment
10 years $250,000 5.50% 85% $10.85 Estimate Your Payment
15 years $250,000 6.50% 85% $8.71 Estimate Your Payment
10 years $250,000 4.50% 80% $10.36 Estimate Your Payment
15 years $250,000 5.00% 80% $7.91 Estimate Your Payment
Properties must be owner occupied. Other restrictions apply. (See Product Overview for full details.

)
  • 1APR = Annual Percentage Rate. Closing cost will be paid by lender. If loan is paid off within 36 months, the member will be required to reimburse Democracy FCU for closing costs paid on the member’s behalf. No application fee. Subject to credit and collateral approval.↵

Table data for Home Equity Line of Credit Rates
 Rates effective 02-20-2020
Maximum Line Amount APR (as low as)1 Payment Maximum LTV Alert Me
$250,000 Variable APR of Wall Street Prime 5.50% as printed in the Wall Street Journal on the last business day of the previous quarter. 1.50% of the outstanding balance on the last day of each month. 85%
Properties must be owner occupied. Other restrictions apply. (See Product Overview for full details.)
  • 1APR = Annual Percentage Rate. Closing cost will be paid by lender. If loan is paid off within 36 months, the member will be required to reimburse Democracy FCU for closing costs paid on the member’s behalf. No application fee. Subject to credit and collateral approval.↵

New/Used Boat Loan Rates

Table data for New/Used Boat Loan Rates
 Effective 02-20-2020
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Amount Alert Me
Up to 72 months Up to $25,000 5.00% $16.10 Up to 100% financing of Purchase Price
Over 72 months Over $25,000 6.00% $14.61 Up to 100% financing of Purchase Price
  • 1Annual Percentage Rate. The Recreational Vehicle rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

New/Used RV Loan Rates

Table data for New/Used RV Loan Rates
 Effective 02-20-2020
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Estimate Your Payments Alert Me
Up to 72 months Up to 100% of purchase price 8.00% $17.53 Estimate Your Payment
  • 1Annual Percentage Rate. The Recreational Vehicle rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Share & Secured Loan Rates

Table data for Share & Secured Loan Rates
 Effective 02-20-2020
APR (as low as) Term Amount Alert Me
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% 72 months (consumer purposes) Value of shares pledged
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% 144 months (non-consumer purposes) Value of shares pledged

Certificate-Secured Loan Rates

Table data for Certificate-Secured Loan Rates
 Effective 02-20-2020
APR Term Amount Alert Me
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% Term of Loan not to exceed the earliest maturity date of Certificate(s) Value of Certificate(s) pledged
Term not to exceed the earliest maturity date of certificate.

Deposit Rates

Kasasa Rewards Rates

Table data for Kasasa Rewards Rates
 Effective 02-20-2020
APR APY Minimum Deposit Minimum Balance Comments Alert Me
Kasasa Cash® 2.959% 3.00%1 $0 $0 On balances up to $10,000 when qualifications are met;
0.20% APY on balances over $10,000 when qualifications are met.
Kasasa Saver® 0.995% 1.00%2 $0 $0 On balances up to $50,000 when qualifications are met;
0.20% APY on balances over $50,000 when qualifications are met.
APY = Annual Percentage Yield. APYs accurate as of August 1, 2018. Rates and rewards are variable and may change after account is opened.
  • 1When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, balances up to $10,000 will receive an APY of 3.00%; and balances over $10,000 earn .20% interest rate on the portion of balance over $10,000, resulting in a range from 3.00% to .20% APY depending on the account’s balance. Additionally, you will receive reimbursements up to $25 for nationwide domestic ATM withdrawal fees imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. Qualifications for Kasasa Cash rates and rewards include a minimum of 12 debit card transactions per month, eStatement enrollment and a monthly log-on to online banking and must be met during the Monthly Qualification Cycle. When Kasasa Cash qualifications are not met, all balances in the account earn .01% APY and ATM withdrawal fees are not refunded. Dividends and ATM withdrawal fee reimbursements will be credited to your Kasasa Cash account on the last day of the statement cycle. If member has dividends earned on Kasasa Cash balances, the dividends are automatically transferred to Kasasa Saver each statement cycle and do not compound. Limit one checking per account.↵
  • 2A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Balances up to $50,000 in the Kasasa Saver account receive an APY of 1.00% if required service qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. Balances over $50,000 receive an APY of 0.20% on the portion of the balance above $50,000 if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. As a result, the APY for balances above $50,000 will range from 1.00% - 0.20% if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle, depending on the balance in the account. When linked to the Kasasa Saver account, the dividends earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. If qualifications in the Kasasa Cash or Cash Back account are not met, the APY will be 0.01% on all balances in the Kasasa Saver account. ↵

Share Savings Rates

Table data for Savings Accounts
 Effective 02-20-2020
APR APY Min. Deposit Min. Balance Comments Alert Me
Regular Share 0.00% 0.00% $5.00 $5.00 Balances of less than $100.00
Regular Share 0.05% 0.05% $5.00 $5.00 Balances of $100.00 and over
Primary membership account required to join. The dividend rate is equal to the annual percentage rate for all savings accounts. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Dividends are calculated on a daily basis on all accounts and are paid quarterly.Fees may reduce earnings on the accounts.

Holiday Share Savings Rates

Table data for Holiday Savings Accounts
 Effective 02-20-2020
APR APY Comments Alert Me
Holiday Share 0.00% 0.00% Balances of less than $100
Holiday Share 0.15% 0.15% Balances of $100.00 and over
No minimum deposit, minimum balance, or minimum additional deposits. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts.

Vacation Share Savings Rates

Table data for Vacation Savings Accounts
 Effective 02-20-2020
APR APY Comments Alert Me
Vacation Share 0.00% 0.00% Balances of less than $100.00
Vacation Share 0.15% 0.15% Balances of $100.00 and over
No minimum deposit, minimum balance, or minimum additional deposits. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts.

Money Management Account Rates

Table data for Money Management Account
 Rates effective 02-20-2020
Balance to Earn APY Dividend Rate APY1 Minimum Deposit Minimum Add'l Deposit Minimum Balance Alert Me
Less than $1,000 0.00% 0.00% None None None
$1,000 to $10,000 0.30% 0.30% None None $1,000.00
Over $10,000 to $25,000 0.35% 0.35% None None $10,000.01
Over $25,000 to $50,000 0.40% 0.40% None None $25,000.01
Over $50,000 to $100,000 0.45% 0.45% None None $50,000.01
Over $100,000 0.50% 0.50% None None $100,000.00
Dividends are paid and compounded monthly. Withdrawal restrictions apply. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts.
  • 1APY = Annual Percentage Yield↵

Share Certificate Rates

Table data for Share Certificates
 Effective 02-20-2020
APR APY Minimum Balance Alert Me
3 Month Certificate 0.40% 0.40% $500.00
6 Month Certificate 0.75% 0.75% $500.00
9 Month Certificate1 0.50% 0.50% $100.00
12 Month Certificate2 1.98% 2.00% $1,000.00
17 Month Certificate3 1.637% 1.65% $1,000
24 Month Certificate 1.30% 1.31% $1,000.00
31 Month Certificate4 1.837% 1.85% $1,000
36 Month Certificate 1.55% 1.56% $2,000.00
60 Month Certificate 2.35% 2.37% $2,000.00
The Annual Percentage Yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts. Dividends will be forfeited if account is closed before accrued dividends are credited.
  • 1Additional deposits of $25 can be made to 9 Month Certificate through direct deposit only. ↵
  • 2A minimum $1,000 in new funds required and must be brought from an external source. At maturity, all 12-Month Certificates will renew at the 12-Month share certificate rate and term.↵
  • 3A minimum $1,000 in new funds is required and must be brought from an external source. At maturity, all 17-Month Certificates will renew at the 12-Month share certificate rate and term.↵
  • 4A minimum $1,000 in new funds required and must be brought from an external source. At maturity, all 31-Month Certificates will renew at the 24-Month share certificate rate and term.↵

Youth Savings Certificate Rates

Table data for Youth and Young Adult Generation APY Certificate
 Effective 02-20-2020
APR APY Min. Deposit Min. Addtl. Deposit Min. Balance Alert Me
6 Month Certificate 2.00% 2.02% $100 $25 Certificate Balances of $100 - $499.99
6 Month Certificate 2.10% 2.12% $100 $25 Certificate Balances of $500 - $999.99
6 Month Certificate 2.20% 2.22% $100 $25 Certificate Balances of $1,000 and over
Youth/Young Adult Generation APY Certificates are available to any member under age 18. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts.

Youth and Young Adult Share Rates

Table data for Youth and Young Adult Share Rates
 Effective 02-20-2020
APR APY Comments Alert Me
0.30% 0.30% Balances of less than $100.00
0.40% 0.40% Balances of $100.00 and over
Available to eligible children from birth to 12 years old. A regular Share Account must be opened and maintained along with this sub-share. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts. Dividends will be forfeited if account is closed before accrued dividends are credited.

Individual Retirement Account Rates

Table data for IRA Rates
 Rates effective 02-20-2020
Account Type Dividend Rate APY1 Term Minimum Deposit Minimum Add'l Deposit Minimum Balance Notes Alert Me
Variable Rate Share Alert Me
Traditional, Roth IRA, or Coverdell Education Savings 0.50% 0.50% n/a None None None Balances of less than $3,500
Traditional, Roth IRA, or Coverdell Education Savings 0.75% 0.75% n/a None None None Balances of $3,500 and over
IRA Certificate Alert Me
Traditional or Roth 1.50% 1.51% 12 months $500 $25 $500
Traditional or Roth 1.80% 1.82% 36 months $2,000 $25 $2,000
Traditional or Roth 2.00% 2.02% 60 months $2,500 $25 $2,500
Certificate Alert Me
Coverdell Education Savings 1.00% 1.00% 12 months $500 $25 $500
Coverdell Education Savings 1.50% 1.51% 36 months $500 $25 $500
  • 1APY = Annual Percentage Yield. Fees may reduce earnings on the account. Variable rates are subject to change after the account is opened. The annual percentage yield (APY) is accurate as of the last dividend declaration date. Fees may reduce earnings on the accounts.↵