Business Services Rates
Rates effective September 27, 2022. Rates are subject to change without notice. All loan rates are based on approved credit.
Savings
Business Savings
Business Savings
$5 minimum opening balance.
| Average Daily Balance | Dividend Rate | APY1 |
|---|---|---|
| Savings $0.00 – $2,499.99 | 0.10% | 0.10% |
| Savings $2,500.00 – $24,999.99 | 0.10% | 0.10% |
| Savings $25,000.00 – $49,999.99 | 0.10% | 0.10% |
| Savings $50,000.00 and over | 0.25% | 0.25% |
Business Money Market
Business Money Market Account
$5,000 daily balance required to avoid maintenance fee.
| Average Daily Balance | Dividend Rate | APY1 |
|---|---|---|
| Savings 0-$4,999.99 | 0.00% | 0.00% |
| Savings $5,000 – $49,999.99 | 0.10% | 0.10% |
| Savings $50,000 – $99,999.99 | 0.25% | 0.25% |
| Savings $100,000 – $249,999.99 | 0.30% | 0.30% |
| Savings $250,000+ | 0.40% | 0.40% |
Business Share Certificate
Business Share Certificate
$1,000 minimum opening balance.
| Term | Dividend Rate | APY² |
|---|---|---|
| Certificate 12 months | 0.80% | 0.80% |
| Certificate 2 year | 0.90% | 0.90% |
| Certificate 3 year | 1.50% | 1.51% |
| Certificate 4Â year | 2.00% | 2.02% |
| Certificate 5 year | 2.25% | 2.27% |
Loan Rates
Business Vehicle Loan
Business Vehicle Loan
QUICK APPROVAL BUSINESS VEHICLE LOAN
For loans up to $50,000
NEW VEHICLES 2022 AND AND 20213
With less than 12,000 miles (no previous titling)
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 4.85% – 7.74% |
| 60-72 | 5.15% – 8.19% |
NEW or USED VEHICLES LESS THAN 7 YEARS OLD4
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 5.05% – 8.24% |
| 60-72 | 5.35% – 8.39% |
USED VEHICLES 7 YEARS OLD OR OLDER7
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 6.85% – 9.74% |
BASIC BUSINESS VEHICLE LOAN
For loans up to $100,000
NEW VEHICLES 2022 AND 20213
With less than 12,000 miles (no previous titling)
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 4.85% – 7.74% |
| 60-72 | 5.15% – 8.19% |
NEW USED VEHICLES LESS THAN 7 YEARS OLD4
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 5.05% – 8.24% |
| 60-72 | 5.35% – 8.39% |
USED VEHICLES 7 YEARS OLD OR OLDER7
| Term (in months) | APR5/6 |
|---|---|
| Up to 60 | 6.85% – 9.74% |
Business Visa Credit Card
Business Visa® Credit Card
Quick Approval Business Visa® Credit Card
For loans up to $20,000
| Loan Type | APR8 |
|---|---|
| Business Visa Credit Card | Prime Rate + 5.50% |
Basic Business Visa® Credit Card
For loans up to $50,000
| Loan Type | APR8 |
|---|---|
| Basic Visa Credit Card | Prime Rate + 5.50% |
Basic Business Term Loan
Basic Business Term Loan
For loans up to $100,000
| Loan Type | APR* |
|---|---|
| Secured and Unsecured | 9.99% |
| </br/>*APR=Annual Percentage Rate. Fixed rate. |
Basic Business Line of Credit
Basic Business Line of Credit
For loans up to $100,000
| Loan Type | APR9 |
|---|---|
| Secured and Unsecured | Prime Rate + 3.00% |
For details on loans over $100,000, please call (805) 540-7707.
BUSINESS SAVINGS AND INVESTMENTS DISCLOSURES
APY = Annual Percentage Yield.
1. Dividend rates and APY are variable and may vary after the account is opened. Fees may reduce account earnings. Additional restrictions may apply. Refer to your Share Savings Account Features Disclosure for more information.
2. APY assumes dividends remain in account to maturity. Early withdrawal penalties may apply. Additional restrictions may apply.
BUSINESS LOANS DISCLOSURES
APR = Annual Percentage Rate. APR is based on credit score. All loans subject to Credit Union approval.
3. New Vehicles for years 2022 and 2021. Payment Example: A $30,000 loan, at 5.15% APR for 60 months would, have an estimated monthly payment of $568.20.
4. Vehicles less than 7 years old and mileage less than 100,000. APR is 2.00% higher for vehicles with mileage of 100,000 or more. Payment Example: A $30,000 loan, at 6.15% APR for 60 months would, have an estimated monthly payment of $582.08.
5. Rates are based on credit score and specific vehicle qualifications. Financing available up to 95% of MSRP or Retail Kelley Blue Book.
6. Financing is subject to SESLOC membership, credit approval and other underwriting criteria: not every applicant will quality. Restrictions my apply.
7. Vehicles 7 years old or older and/or mileage greater than 100,000. Payment Example: A $30,000 loan, at 7.15% APR for 60 months would, have an estimated monthly payment of $596.16.
8. APR will vary based on the Prime Rate. Prime Rate may change at any time and is subject to change without notice. APR will not go below 7.90%.
9. APR will vary based on the Prime Rate. Prime Rate may change at any time and is subject to change without notice. APR will not go below 6.00%.
Savings are insured to at least $250,000 and backed by the full faith and credit of the U.S. government. National Credit Union Administration, a U.S. government agency.