| Rates in effect on April 1, 2014. Rates may change without notice.|
|Savings & Checking Rates||RATE||APY*|
|Share Savings, Christmas Club & Summer Pay Accounts|
|Savings $0.00 - $2,499.99 balance||0.05%||0.05%|
|Savings $2,500 - $24,999.99||0.10%||0.10%|
|Savings $25,000 - $49,999.99||0.15%||0.15%|
|Savings $50,000 and over||0.20%||0.20%|
|Share Draft Checking|| || |
|Checking $100.00 - $2,499.99 balance||0.00%||0.00%|
|Checking $2,500.00 - $24,999.99||0.10%||0.10%|
|Checking $25,000.00 - $49,999.99||0.15%||0.15%|
|Checking $50,000.00 and over||0.20%||0.20%|
| School Employees Level Pay Account**||1.00%||1.00%|
*APY=Annual Percentage Yield (APY) APY is accurate as of the date indicated above and may vary after the account is opened. A $5 minimum opening deposit is required for Share Savings, Holiday and Summer Savings Accounts. Fees may reduce account earnings. Dividend rates are variable and may change without notice.
**Level Pay accounts may be opened from June 1 to October 31. No minimum balance. Fund your Level Pay account with automatic deposits during the school year; receive automatic transfers to your checking account during non-paycheck months. Deposits automatically resume with your first school-year paycheck. Direct deposit to a SESLOC Checking account is required. Withdrawals outside the fixed enrollment peirod may incur a penalty fee.
|Share Certificate Rates||RATE||APY*|
|Share Certificate - Minimum $1,000 deposit|
|Certificate 6 months||0.20%||0.20%|
|Certificate 12 month||0.30%||0.30%|
|Certificate 15 month||0.45%||0.45%|
|Certificate 18 month||0.45%||0.45%|
|Certificate 2 year||0.70%||0.70%|
|Certificate 3 year||0.75%||0.75%|
|Certificate 4 year||0.85%||0.85%|
|Certificate 5 year||0.95%||0.95%|
|Building Block Certificate - Minimum $250 deposit. Add deposits of $25+ during the certificate term.|
|Building Block 1 year certificate||0.30%||0.30*|
*APY=Annual Percentage Yield. The Annual Percentage Yields are accurate as of the date indicated above. Dividends are compounded monthly. The APY is based on the assumption that dividends remain on deposit within the account until maturity. Early withdrawals penalties may apply.
|Share Savings IRA, Deferred Compensation, SEP Plan|
Minimum Balance: IRA / SEP - $5.00; Deferred Compensation - $0.00
|Traditional, Roth, SEP IRAs||0.30%||0.30%|
|Certificate IRA, Deferred Compensation, SEP Plan $500 minimum|
|IRA Certificate 1 year||0.50%||0.50%|
|IRA Certificate 2 year||0.70%||0.70%|
|IRA Certificate 3 year||0.85%||0.85%|
|IRA Certificate 4 year||1.00%||1.00%|
|IRA Certificate 5 year||1.25%||1.26%|
*APY=Annual Percentage Yield. The APYs are accurate as of the date indicated. Dividends are compounded monthly. The APY is based on the assumption that dividends remain on deposit within the account until maturity. Contribution limits and early withdrawal penalties are regulated by federal law.
|Consumer Loan Rates||APR*|| |
|Overdraft Protection||10.00%-17.00%|| |
|Signature loan, closed end||10.00%-17.00%|| |
|Signature loan, line of credit||10.00%-17.00%|| |
|Computer loan||8.50%|| |
|Youth Agricultural Project (animal purchase)||5.00%|| |
|Share Savings Secured||savings rate+3% (4% rate floor)|
|Share Certificate Secured|
certificate rate+3% (4% rate floor)
|Student Choice College Loan - WE ARE NOT ACCEPTING NEW APPLICATIONS AT THIS TIME.|
Adjustable Rate Loan (Index: Prime Rate) Rate Floor: 5% APR*
Rate Ranges: Prime + 0.50% Prime + 1.00% Prime + 2.00%
No origination fees; no disbursement fees; no prepayment fees.
The rate is determined by using the Prime Rate plus a margin, based on the borrower's credit score at the time of application. The rate will never fall below the 5.00% rate floor, with one exception (see below). The index rate is variable rate and can adjust quarterly based on the Prime Rate as published in the Wall Street Journal. While the margin will never change, Prime is a variable rate that can fluctuate throughout the life of the loan. A 0.25% rate reduction is available during repayment for automated electronic payments. In some cases this could cause the rate to fall below the 5.00% APR rate floor. The maximum rate you may be charged is 18% APR.
*APR - Annual Percentage Rate. Loan rates are accurate as of the date indicated and may change without notice. When a range of rates is indicated, rates and terms are based on borrower's earned rate lending score. All loans are subject to credit approval.
|Vehicle Rates||APR*|| |
Includes, Trucks, SUVs, Motorcycles, Horse and Flatbed Trailers
*APR=Annual Percentage Rate. Our lowest rates listed below include a 0.25% rate reduction for 80% financing.
Maximum financing of 120% of MSRP or Retail Kelley Blue Book, plus tax and license.
APR is 2% higher than base rate for models 7 years old or older and/or for vehicles with mileage of 100,000 or more.
Rates are subject to applicant qualification. Your APR is based on your earned rate lending score and specific vehicle qualification. Loans subject to credit approval. Defer payments up to 90 days; interest accrues during the deferral period. No prepayment penalties.
|New / Nearly New 48 month term|
(12,000 miles or less)
|1.90% - 13.50%|| |
New / Nearly New 60 month term
1.90% - 13.50%
|New / Nearly New 72 month term ||2.70% - 10.50%|| |
|New / Nearly New 84 month term||3.75% - 11.00%|| |
|Used Vehicle 48 month term||1.90% - 16.50%|| |
|Used Vehicle 60 month term|
|1.90% - 16.50%|| |
|Used Vehicle 72 month term||2.70% - 11.50%|| |
|Used Vehicle 84 month term||3.75% - 12.00%|| |
Includes Boats, Motor Homes, Personal Watercraft
Extended terms available up to 144 months.
|New 60 month term||6.75% - 16.00%|| |
|New 84 month term||7.75% - 16.00%|| |
|New 120 month term||8.75% - 16.50%|| |
|Used 60 month term||7.75% - 16.50%|| |
|Used 84 month term||8.75% - 16.50%|| |
|Used 120 month term||9.25% - 17.00%|| |
|Specialized Mobility Vehicles |
Vehicles adapted for specialized equipment: wheel chairs, scooter lifts, lowered floor conversions, power doors, remote control doors to accommodate individual physical needs.
|New 60 month term||5.95% - 13.75%|| |
|New 84 month term||7.10% - 15.75%|| |
|New 120 month term||8.75% - 16.00%|| |
|Used 60 month term||5.95% - 14.50%|| |
|Used 84 month term||7.60% - 15.25%|| |
|Used 120 month term*||8.75% - 16.00%|| |
|*Maximum term 84 months for vehicles 6 or more years old. |