Rates

Rates Are Accurate As Of: January 11th, 2019¹ and are subject to change without notice.

Savingsᵃ

Account TypeAnnual Percentage RateAnnual Percentage Yield*Min Balance Required for Dividends Min. Balance Required
Regular Shares²-savings0.10%0.10%$100.00$5.00
Organizational Shares²0.10%0.10%$100.00$5.00
Share Drafts²-checking0.10%0.10%$500.00$0
All Purpose Shares²0.10%0.10%$100.00$0
IRA Traditional Shares0.50%0.50%$5.00

Term Share Certificates³,ᵃ

Account TypeAnnual Percentage RateAnnual Percentage YieldMin. Balance Required
  6 month Certificate1.00%1.00%$1,000
12 month Certificate1.00%1.00%$1,000
18 month "Bump-up" Certificate⁴1.25%1.25%$2,500
24 month Certificate1.50%1.50%$1,000
36 month Certificate2.00%2.00%$1,000
Youth Savings Certificates⁵
<18 Years Old
Same as AboveSame as Above$250
36 month IRA Certificate⁶2.15%2.15%$10,000
60 Month IRA2.45%2.45%$10,000

Savings Notices

1) Rates are subject to change without notice.

2) Unless otherwise stated, dividends are compounded and credited monthly on Shares with $100 or more based on the average daily balance of the account; Share Drafts require $500 or more.

3) Substantial penalties for early withdrawals may apply.

4) Members are eligible for one current rate change and one withdrawal/deposit request during the “Bump-up term.

5) Members must be 18 years old or under. Terms of 6, 12, 18, 24, and 36 months are available.

6) Available for Traditional IRAs only.

ᵃ – Fees could reduce the earnings on the account (if applicable)

Consumer Loans

Loan TypeNumber of MonthsAnnual Percentage RateTerms & ConditionsPayment Per $1,000*
Share Secured604.10%$500 Minimum (Reg Shr Div + 4%)$18.46
Consolidation⁷1-60  11.90%Up To $10,000; Pay vendors$22.19
Unsecured1-6013.40%Up To $10,000$22.96
Personal Line-of-Creditopen-end13.50%Up To $10,000
Overdraft Protection Line-of-Creditopen-end13.90%Up To $1,500, $50 Payment/Mo
Personal/Auto Title" Cash Loan⁷1-368.99%Up To $5,000; 50% NADA value; Years 2010-2018; Clear Auto Title$31.80

Example Payment:
*Payment per $1,000 calculated on maximum term available


Auto Loans

Loan TypeNumber of MonthsAnnual Percentage RateTerms & ConditionsPayment Per $1,000*
New Automobile⁷1-363.49%Up To $60,000; 100% NADA value; Years 2018-2019$29.30
New Automobile⁷37-603.75%Up To $60,000; 100% NADA value; Years 2018-2019$18.30
New Automobile⁷61-724.49%Up To $60,000; 100% NADA value; Years 2018-2019$15.87
Used Automobile⁷1-604.29%Up To $50,000; 85% NADA value; Years 2013-2019$18.53
Used Automobile⁷61 - 724.49%Up To $50,000; 85% NADA value; Years 2013-2019$18.57
Older Used Automobile⁷1-484.75%Up To $30,000; 75% NADA value; Years 2010-2012$22.92
Auto Transfer⁷1-483.75%Up To $50,000; 100% NADA value; Years 2013-2019$22.47
Auto Transfer⁷49-724.00%Up To $50,000; 100% NADA value; Years 2013-2019$15.65
Recreational Vehicle ⁷1-4810.50%Up To $50,000; 65% NADA value; Years 2013-2019$25.72

*Payment per $1,000 calculated on maximum term available


1st Mortgages

-Fixed Rate
-Variable Rate
-Jumbo Fixed
-FHA Fixed
-VA Fixed
-1st Time Home Buyers


Real Estate Loans

Home Equity Line of Credit – Low Closing Cost Available⁹,ᵇ

Number of MonthsRateAnnual Percentage RateTerms & Conditions
1805.500%5.500%⁹ (ARM)⁸Up To $100,000; 10 Year draw period; No Points, No Annual Fee, No Application Fee; Maximum Loan-to-Value = 80%; Primary residence only; $20,000 Min. initial draw to qualify for a $300 Closing Cost Credit option.

Example Payment:
For 180 months per $1000, there would be a $7.65 monthly payment

Fixed Rate Home Equity Loans- Low Closing Cost Available⁹,ᵇ

Number of MonthsRateAnnual Percentage RateTerms & ConditionsPayment Per $1,000*
604.25%4.285%⁹,¹¹ $100K, 1st Lien-$125K$18.53
844.50%4.526%⁹,¹¹ $100K, 1st Lien-$125K$13.90
1204.75%4.769%⁹,¹¹$100K, 1st Lien-$125K$10.48
1445.00%5.016%⁹,¹¹$100K, 1st Lien-$125K$9.25
No Application Fee;
Maximum Loan-to-Value = 80%;
Primary residence only;

ᵇ – The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.


Credit Cards

TypeCreditAnnual Percentage RateTerms & Conditions
VISA Platinum¹²Revolving11.99%Limit Up To $15,000; No Annual Fee;  Cash Advances @ 13.99%
VISA Platinum¹²

"First Time"
Credit Card Owners
Revolving11.99%Limit Up To $300; No Annual Fee; Cash Advances @ 13.99%;

Requirements: 18 years or older, full-time employment for 90 days, no credit history (excluding student loans)

Lending Notices

7) New money only; cannot be combined with existing SMEFCU loans; Consolidation Loans: CU to pay vendors directly.

8) ARM means “Adjustable Rate Mortgage”; the HELOC rate is based on the Prime Rate as published in the Wall Street Journal; rate changes can occur on the first day of each month; maximum rate is 18%, $100K Program: minimum rate offered is 4.00%.

9) A $300 credit is available toward closing costs paid by credit union on Home Equity Lines of Credit with a $20K minimum loan; closing costs incurred by the credit union must be reimbursed by the member if the loan pay down occurs in less than 36 months; new money only.

10) .25% rate reduction is available for auto loans with deposit and automatic loan payments.

12) Refer to our VISA Credit Card Application for full disclosures.