Rates
One of the benefits of an FMFCU membership is better savings and loan rates. Our credit union has no shareholders eagerly splitting our profits among themselves. Instead, profits are passed on to our members through higher savings rates and lower loan rates. Whether looking to open a retirement account or needing a loan for a new car or new home, FMFCU offers attractive rates.
All rates are subject to change without notice. To ensure you are viewing the most recent rates, please refresh your browser.
- Business Dividend Rates
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Certificate Rates
CERTIFICATE TERM* MINIMUM BALANCE* DIVIDEND RATE ANNUAL PERCENTAGE YIELD 3 MONTH $500 0.20% 0.20% 6 MONTH $500 0.30% 0.30% 9 MONTH $500 0.35% 0.35% 12 MONTH $500 0.50% 0.50% 18 MONTH $500 0.55% 0.55% 24 MONTH BUMP $500 0.65% 0.65% 24 MONTH $500 0.65% 0.65% 36 MONTH $500 0.74% 0.75% 48 MONTH $500 0.84% 0.85% 60 MONTH $500 0.99% 1.00% 60 MONTH TAKE CONTROL $500 0.50% 0.50% *$250.00 minimum for members under 18 years of age. All Certificate Terms Available for IRA Investments. Penalty may be imposed for early withdrawal. Fees and other conditions could reduce earnings.
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Club Account Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD HOLIDAY CLUB N/A 0.10% 0.10% HOLIDAY-E-CLUB $0 - $2,500 0.99% 1.00% $2,500 & OVER 0.10% 0.10% VACATION CLUB N/A 0.10% 0.10% VACATION-E-CLUB $0 - $2,500 0.99% 1.00% $2,500 & OVER 0.10% 0.10% +Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Cub Account Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD CUB ACCOUNT $0 - $500 1.98% 2.00% $500.01 & OVER 0.10% 0.10% +Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Individual Retirement Account (IRA) Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD TRADITIONAL $5 0.30% 0.30% ROTH CONVERSION $5 0.30% 0.30% ROTH CONTRIBUTION $5 0.30% 0.30% COVERDELL $5 0.30% 0.30% All Certificate Terms Available for IRA Investments.
+Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Money Market Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD MONEY MARKET $0 - $9,999 0.15% 0.15% $10,000 - $24,999 0.15% 0.15% $25,000 - $49,999 0.20% 0.20% $50,000 - $99,999 0.25% 0.25% $100,000 - $499,999 0.30% 0.30% $500,000 & OVER 0.35% 0.35% +Rates subject to change.
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Performance Checking Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD PERFORMANCE CHECKING $0 - $9,999 0.10% 0.10% $10,000 - $24,999 0.10% 0.10% $25,000 - $49,999 0.15% 0.15% $50,000 & OVER 0.20% 0.20% +Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Statement Savings Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD STATEMENT SAVINGS N/A 0.10% 0.10% +Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Super Saver Savings Rates
VARIABLE RATE ACCOUNTS+ MINIMUM BALANCE DIVIDEND RATE ANNUAL PERCENTAGE YIELD SUPER SAVER SAVINGS $0 - $500 0.99% 1.00% $500.01 & OVER 0.10% 0.10% +Rates may change after account is opened. Fees and other conditions could reduce earnings.
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Vehicle Loan Rates
NEW AND USED AUTO LOANS
FMFCU finances new and used vehicles and we do it well. We also do refinances from other banks and credit unions everyday! So ask us about your needs and we’ll help you get into the vehicle you want.
Auto Loans – 2019-2022 MODEL YEAR
*payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Auto Loans – 2017-20178 MODEL YEAR
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-72 MONTHS 3.69% $15.51 Apply Now *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Auto Loans – 2014-2016 MODEL YEAR
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-60 MONTHS 5.19% $18.96 Apply Now *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Auto Loans – 2012-2013 MODEL YEAR*
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000** APPLY ONLINE 1-54 MONTHS 6.19% $21.27 Apply Now *2012-2013 Maximum term 54 months. **payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
RECREATIONAL VEHICLE LOANS
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-60 MONTHS 3.99% $18.42 Apply Online 61-120 MONTHS 3.99% $10.12 Apply Online 121-144 MONTHS 4.49% $10.30 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
MOTORCYCLE LOANS
Model Years: 2019 – 2022
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-72 MONTHS 3.49% $15.42 Apply Online 73-84 MONTHS 4.94% $15.89 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Model Years: 2017 – 2018
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-72 MONTHS 4.69% $15.96 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Model Years: 2014 – 2016
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-60 MONTHS 6.19% $19.42 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Model Years: 2012 – 2013
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE 1-54 MONTHS 7.19% $21.73 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
The Credit Union has a tiered loan rate policy which applies different loan rates to borrowers based upon the borrower’s credit history. The loan rate applicable to you may vary from the rates quoted. Rates, terms, policies, and promotions are subject to change without notice. All rates printed are ANNUAL PERCENTAGE RATES (APR). Advertised rates apply to Tier 1.
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Home Loan Rates
Home Equity Loan Rates (up to 80% Loan to Value)
TERM ANNUAL PERCENTAGE RATE PAYMENT PER $1,000* APPLY ONLINE LOAN AMOUNTS $100K+ 1-60 MONTHS 3.49% $18.19 Apply Online 61-120 MONTHS 3.49% $9.89 Apply Online 121-180 MONTHS 3.99% $7.40 Apply Online 181-240 MONTHS 4.99% $6.60 Apply Online LOAN AMOUNTS $50k-99,999 1-60 MONTHS 3.49% $18.19 Apply Online 61-120 MONTHS 3.49% $9.89 Apply Online 121-180 MONTHS 3.99% $7.40 Apply Online 181-240 MONTHS 4.99% $6.60 Apply Online LOAN AMOUNTS $5K-49,999 1-60 MONTHS 4.99% $18.87 Apply Online 61-120 MONTHS 5.24% $10.73 Apply Online 121-180 MONTHS 5.49% $8.17 Apply Online 181-240 MONTHS 6.49% $7.46 Apply Online Home Equity FLEX Line of Credit Rates*
ANNUAL PERCENTAGE VARIABLE RATE LOAN TO VALUE % Amount APPLY ONLINE 2.99% Up to 80% LTV $50,000+* Apply Online 3.99% Up to 80% LTV $10-$49,999* Apply Online 4.49% 81% to 90% LTV $10-$200,000 Apply Online *intro rate for first 6 months - 1.99% *1.99% Annual Percentage Rate (APR) accurate as of 12/1/21 is fixed for six calendar months after account opening and available for Tier 1 and Tier 2 borrowers up to 80% Loan-To-Value (LTV). Thereafter, APR adjusts in accordance with variable rate terms of credit agreement. Interest rates based on highest Prime Rate published in The Wall Street Journal in effect on the last day of the month plus the margin. The margin is based on LTV, line requested, and member credit history. Floor for all HELOCs is 2.99%, ceiling is 18%. Title insurance required on home equity loans/lines over $500,000. Owner occupancy and homeowners insurance required. When draw period ends, repayment terms are up to 15 years on remaining balance. Offer valid on new FMFCU credit lines only. Subject to credit approval. Membership eligibility applies. NMLS# 403573.
The Credit Union has a tiered loan rate policy which applies different loan rates to borrowers based upon the borrower’s credit history. The loan rate applicable to you may vary from the rates quoted. Rates, terms, policies, and promotions are subject to change without notice. All rates printed are ANNUAL PERCENTAGE RATES (APR). Advertised rates apply to Tier 1.
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Mortgage Rates
Last Updated: 1/28/22
Fixed Rate Mortgages*
Term Rate APR Points Example Monthly Payment below is for $200,000 Loan Amount 30-Year Fixed Rate 3.750% 3.808% 0.00 $926.23 20-Year Fixed Rate 3.500% 3.581% 0.00 $1,159.92 15-Year Fixed Rate 3.125% 3.228% 0.00 $1,393.22 *Available for 1-4 unit owner-occupied dwellings in an amount up to $647,200. APR based on a $200,000 loan amount. Hazard insurance and title insurance are required. Rates locked as of date of application for 60-day period and are subject to market conditions thereafter. The payment amounts listed in the above table do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater in most cases. Loans are subject to credit approval. Actual interest rate is based on FICO score and other determining factors.
Adjustable Rate Mortgages – 5 Year / 6 Month ARM*
Rate Points APR+ Example Monthly Payment below is for $200,000 Loan Amount 2.375% 0.000 2.758% $777.31 +Annual Percentage Rate. Rates subject to change.
Number of Payments Estimate Interest Rate Example Monthly Payment below is for $200,000 Loan Amount 60 2.375% $777.31 299 2.875% $821.92 1 2.875% $820.01 The above monthly payments are based on a loan amount of $200,000 with an initial interest rate of 2.375% (2.758% APR) for 60 months and 0.0 points. The payment amounts listed in the above table do not include amounts for required taxes, hazard insurance premium and title insurance premium.
Maximum rate and payment adjustments
After the initial fixed-rate period based on the initial interest rate and interest rate caps disclosed above, the maximum first adjusted rate for this loan will never be more than 4.375%, with a maximum first payment of $964.30. The maximum lifetime rate will never be more than 7.375% with an estimated maximum monthly payment of $1,274.14.
Your results are based on the purchase of a home in ZIP code 19317 with an estimated purchase price of $250,000 and an estimated down payment of $50,000.00.
Current index rate: Secured Overnight Financing Rate 30 day average 0.050% Margin 2.75% Rate adjustment frequency Every six months First adjusted interest rate cap 2.00% Subsequent semi-annual adjusted interest rate cap 1.00% Lifetime rate cap 5.00% *The introductory APR will be determined at the time of loan approval based on your FICO score and other determining factors. The APR is subject to change after consummation and may change semi-annually after the first 60 months. After the introductory period, the APR is determined by adding a margin of 2.75% to the Secured Overnight Financing Rate (SOFR) with a floor of 2.75% APR. The APR is subject to change after consummation and may change semi-annually after the first 5 years. Conforming loans are up to $647,200. Rates can be locked for 60 days.
Adjustable Rate Mortgages – 7 Year / 6 Month ARM*
Rate Points APR+ Example Monthly Payment below is for $200,000 Loan Amount 2.500% 0.000 2.759% $790.25 +Annual Percentage Rate. Rates subject to change.
Number of Payments Estimate Interest Rate Example Monthly Payment below is for $200,000 Loan Amount 84 2.500% $790.25 275 2.875% $821.49 1 2.875% $821.41 The above monthly payments are based on a loan amount of $200,000.00 with an initial interest rate of 2.375% (2.702% APR) for 84 months and 0.0 points. The payment amounts listed in the above table do not include amounts for required taxes, hazard insurance premium and title insurance premium.
Maximum rate and payment adjustments
After the initial fixed-rate period based on the initial interest rate and interest rate caps disclosed above, the maximum first adjusted rate for this loan will never be more than 7.375%, with a maximum first payment of $1,244.55 The maximum lifetime rate will never be more than 7.500% with an estimated maximum monthly payment of $1,244.55.
Current index rate: Secured Overnight Financing Rate 30 day average 0.050% Margin 2.75% Rate adjustment frequency Every six months First adjusted interest rate cap 5.00% Subsequent semi-annual adjusted interest rate cap 1.00% Lifetime rate cap 5.00% *The introductory APR will be determined at the time of loan approval based on your FICO score and other determining factors. The APR is subject to change after consummation and may change every five years after the first 60 months. After the introductory period, the APR is determined by adding a margin of 2.75% to the Secured Overnight Financing Rate 30 day average with a floor of 2.75% APR. The APR is subject to change after consummation and may change semi-annually after the first 5 years. Conforming loans are up to $548,250. Rates can be locked for 60 days.
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Personal Loans and Personal Line of Credit Rates
The Credit Union has a tiered loan rate policy which applies different loan rates to borrowers based upon the borrower’s credit history. The loan rate applicable to you may vary from the rates quoted. Rates, terms, policies, and promotions are subject to change without notice. All rates printed are ANNUAL PERCENTAGE RATES (APR). Advertised rates apply to Tier 1.
Personal Loan Rates
ANNUAL PERCENTAGE RATE PAYMENT PER $1,000 APPLY ONLINE 1-60 mos. $10,000 or more 7.49% $20.04 Apply Online 1-60 mos. $9,999 or less 8.49% $20.52 Apply Online *payments quoted are estimated monthly payments quoted per $1,000 borrowed for maximum term shown.
Overdraft/Personal Line of Credit*
ANNUAL PERCENTAGE VARIABLE RATE APPLY ONLINE 7.15% Apply Now *intro rate for first 6 months - 2.99% **2.99% Annual Percentage Rate (APR) is accurate as of 8/1/21, fixed for six calendar months after account opening and available for Tier 1 borrowers. Thereafter, APR adjusts in accordance with variable rate terms of credit agreement. Interest rates are based on highest Prime Rate published in the Wall Street Journal in effect on the last day of the month plus the margin. Offer valid on new FMFCU credit lines only. Subject to credit approval. Membership eligibility applies.
Savings Rates Effective January 1, 2022
Loan Rates
