1| CD Accounts: Annual Percentage Yield (APY). The APY and dividend rates are effective as of 05/09/20 and may change at any time without notice. Minimum deposit of $250.00 required to open and earn APY. The APY for all Share Certificates assumes the dividend will remain in the account until maturity. Withdrawal of dividends prior to maturity will reduce earnings. A penalty will be imposed for withdrawal of principal before maturity.
2| Auto Loans: The rate listed is the Annual Percentage Rate (APR). The APR is effective as of 02/15/20 and subject to change. Maximum loan amount is $100,000.00. The APR listed reflects a -.50% discount for having an automatic deduction set up from your Hub Checking or Community Checking Account at Direct Federal. Maximum loan-to-value is 120% of the MSRP (new autos) or NADA Value (used autos). Other terms and conditions may apply. Rates vary based on term, credit score and model year. Payment Example: $16.84 per thousand based upon a 63 month term. Subject to credit approval.
3| Premium Money Market Account: Annual Percentage Yield (APY) is 1.00%. The Premium Money Market APY and Dividend Rate are in effect as of 4/1/20. This offer may be discontinued by the Credit Union at any time. The minimum deposit to open a Premium Money Market Account is $500 and there is a minimum daily balance of $25,000 to earn the stated APY. If the balance in the Premium Money Market Account falls below $25,000 for any day during the month, no interest will be paid for that dividend period. The daily balance is the balance of your Account at the end of the day. Fees may reduce earnings. New money only. Federally insured by the NCUA.
4| Visa Credit Card: Introductory Annual Percentage Rate (APR) of 0.00% is for balance transfers for the first 6 monthly billing statements, then the APR will be a low variable rate of Prime Rate plus 1.74%, currently 4.99%. The 4.99% APR is variable and is equal to The Wall Street Journal Prime Rate + 1.74%. The APR will be adjusted on the first day of each billing month by adding 1.74% (the “margin”) to The Wall Street Journal Prime Rate as published on the last business day of the preceding calendar month (the "index"). This rate is available for balance transfers only. Balance transfers can not be used to pay down an existing Direct Federal loan balance.
5| HUB Checking Account: Hub Checking is available to anyone who meets our simple membership requirements. To receive all the great benefits of Hub Checking, we simply ask you to agree to receive your monthly statement through email (e-statements) and have EITHER one direct deposit into your account a month OR use your debit card five times in one month.
6| Mortgages: $500.00 off closing costs applies for purchase or refinances for fixed or ARM products
7| Home Equity Line of Credit: The rate listed is the Annual Percentage Rate (APR) which is variable and is equal to the Wall Street Journal prime rate plus 0.24%, subject to a minimum rate of 3.49% and a maximum rate of 18% or the maximum rate permitted by law, whichever is less. Prime as of 03/15/20 was 3.25%. This APR is available for new home equity lines only. Line must be secured by a 1-4 family home or condo. Primary residences only. Maximum loan to value is 80%. A $395 fee will be assessed if the line is closed within the first two years. Rates are subject to change. Property insurance will be required. Subject to credit approval.
