|
LOAN RATES
Rates quoted are
accurate as of May 17, 2013
You may call us at
(978)531-5767 to obtain current rate information.
|
Type |
APR * |
Term
|
|
New Auto Loans |
1.74%** |
2013
(100% financed
up to 4 years) |
|
New Auto Loans |
1.99%** |
2013
(100% financed
up to 6 years) |
|
Used Auto Loans |
1.74%** |
2011, 2012 (100% financed up to 4 years) |
|
Used Auto Loans |
1.99%** |
2011, 2012 (100% financed up to 6 years) |
|
Used Auto Loans |
1.99%** |
2010 (100% financed up to 5 years) |
|
Used Auto Loans |
1.99%** |
2009 (90% financed up to 5 years) |
|
Used Auto Loans |
1.99%** |
2007, 2008 (90% financed up to 4 years) |
|
**Rate reduced by .25% APR* with a Luso checking
account with Direct Deposit. |
|
Motorcycle & RV Loans |
3%
above appropriate Auto Loan rate |
|
Share Secured Loans |
2%
above interest rate on share account used as
security |
|
Overdraft Protection |
14.00%APR* |
* Annual Percentage Rate All rates are subject to
change without notice.
|
Type |
APR * |
Term
|
|
Personal Unsecured Loans |
7.90% |
1 year |
|
Personal Unsecured Loans |
8.90% |
2
years |
|
Personal Unsecured Loans |
9.90% |
3
years |
|
Personal Unsecured Loans |
10.90% |
4
years |
Maximum
Loan Amount is $9,500.00
* Annual Percentage Rate All rates are subject to
change without notice
First Mortgage
Loan rates change daily; Please
contact us for current rates.
Second Mortgage
Loan rates change daily; Please
contact us for current rates.
|
Type |
APR * |
Term
|
|
Home Equity Line of Credit |
3.25%^ |
Minimum Balance Required |
|
Home Equity Line of Credit |
3.75%^^ |
No Minimum Balance |
|
Maximum Loan Amount is $250,000.00 |
* Annual Percentage Rate All rates are subject to
change without notice
^ Prime rate as published in
the Wall Street Journal on the last business day of each
month
with a minimum
initial draw of $25,000.00.
^^ Prime Rate as published in the Wall Street Journal on
the last business day of each month plus .50%.
LUSO AMERICAN CREDIT UNION
The Annual Percentage
Yield (A.P.Y.) and the interest rates quoted are
accurate as of May 17, 2013
You may call us at
(978)531-5767 to obtain current rate information.
SAVINGS RATES
Variable Rate Accounts
|
Account Type |
Minimum
Balance Required to Open |
A. P. Y. |
Interest Rate |
|
Regular
Savings |
$25.00 |
.10% |
.10% |
|
Super
Savers Account (Youth Savings)*
For members
aged 5-18. |
$25.00 |
2.02% |
2.00%** |
|
Now
Checking |
$25.00 |
.05% |
.05% |
|
Free Checking*** |
$25.00 |
.00% |
.00% |
|
Money Market
(under $2,500.00) |
$2,500.00 |
.10% |
.10% |
|
Money Market
($2500.00 +) |
$2,500.00 |
.15% |
.15% |
|
Club Accounts
(Christmas & Vacation) |
$2.00 |
.10% |
.10% |
*
Only one Super Saver account per member.
**
Rate effective up to a balance of $1,000 or until member
becomes 18 years of age, whichever occurs first. Rate
reverts to regular savings rate when either event
occurs, and will coincide with regular savings rate from
then on.
***
There is no monthly maintenance fee.
Certificates of Deposit
|
Account Type |
Balance
Required |
A. P. Y. |
Interest Rate |
|
90 Day
|
$500.00 |
.20% |
.20% |
|
6 Month
|
$500.00 |
.25% |
.25% |
|
7 Month |
$500.00 |
.30% |
.30% |
|
1 Year
|
$500.00 |
.45% |
.45% |
|
13 month CD |
$500.00 |
.50% |
.50% |
|
2 Year
|
$500.00 |
.85% |
.85% |
|
3 Year |
$500.00 |
1.00% |
1.00% |
|
4 Year
|
$500.00 |
1.21% |
1.20% |
|
5 Year |
$500.00 |
1.51% |
1.50% |
|
IRA
Accounts |
|
1 Year |
$500.00 |
.45% |
.45% |
|
2 Year |
$500.00 |
.85% |
.85% |
|
3 Year |
$500.00 |
1.00% |
1.00% |
|
4 Year |
$500.00 |
1.21% |
1.20% |
|
5 Year |
$500.00 |
1.51% |
1.50% |
***
All rates are subject to change without notice. A.P.Y.
assumes interest remains in the account.
Certificate of Deposit rates are guaranteed for the term
of the Certificate only. Certificates of Deposit are
subject to a penalty if a withdrawal is made before
maturity.***
ACCOUNT FEE SCHEDULE
The Annual Percentage
Yield (A.P.Y.) and the interest rates quoted are
accurate as of May 17, 2013
You may call us at
(978)531-5767 to obtain current rate information.
|
Now Accounts |
All Accounts |
|
Service Charge1 |
$3.00 |
Returned Deposit
Item |
$5.00 |
|
Uncollected Funds |
$15.00 |
ACH Returns |
$15.00 |
|
Insufficient
Funds |
$15.00 |
Wire Transfers: |
|
|
Stop Payment |
$7.50 |
Incoming:
|
No Charge |
|
Stop Payment
renewal |
$7.50 |
Outgoing:
Domestic |
$15.00 |
|
Allowed
Checkwriting |
No Limit |
International |
$30.00 |
|
Certified Checks |
$5.00 |
Foreign
Collection Items |
$7.00 |
|
|
|
Foreign Currency
(order) |
$12.00 |
|
|
|
Foreign Currency
(sell) |
Varies |
|
|
|
Statement Copies2 |
$2.00 |
|
|
|
Account Research2 |
$15.00 per hour |
|
|
|
Annual Dormant
Account Fee |
$25.00 |
|
|
|
Lost Passbooks2 |
$5.00 |
|
|
|
Lost ATM/Debit
Card
No fee for first
lost card in a twelve month period |
$5.00 |
|
Miscellaneous
Fees
|
|
Cashier’s Checks2 |
$2.00 |
Money Orders3 |
$1.00 |
|
Stop Payment on Cashier’s Check2 |
$7.50 |
Stop Payment on
Money Order |
$5.00 |
|
Notary Fee
(members only) |
$0.00 |
Coin Machine
(members) |
$0.00 |
|
Purchase U.S.
Savings Bonds |
$0.00 |
Coin Machine
(non-members) |
7% |
|
Cash U.S. Savings
Bonds |
$7.00 |
|
|
1Charged
only if balance falls below $100.00 any time during the
statement cycle.
2Senior
Citizens (65 or over) - no charge for this service
3Senior
Citizens (65 or over) – reduced fee, $.50
*** Miscellaneous Fees
are subject to change without notice***
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