All payments below based on borrowing of $1,000.00 borrowed for full term.
| Unsecured Loan Rates |
Term
|
APR*
|
Payment
|
| |
36 Months or Less |
9.00% |
$31.37
|
| |
48 Months |
9.50% |
$24.93
|
| 10,000 and up |
60 Months |
10.00% |
$21.07
|
*APR = Annual Percentage Rate
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates are effective as of January 27, 2004. Member must maintain $50 balance in share account.
New Vehicle Rates
|
Term
|
APR*
|
Payment
|
| 72 Months |
6.10% |
$16.54
|
| 60 Months |
5.85% |
$19.17
|
| 54 Months |
5.60% |
$20.90
|
| 48 Months |
5.35% |
$23.09
|
*APR = Annual Percentage Rate
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates effective as of January 27, 2004. Member must maintain $50 balance in share account.
Used Vehicle Rate
| Year of Model |
Term
|
APR*
|
Payment
|
| 2012-2009 |
60 Months or Less |
6.35% |
$19.39
|
| 2008-2007 |
54 Months or Less |
6.35% |
$21.23
|
| 2006-2005 |
48 Months or Less |
6.35% |
$23.52
|
*APR = Annual Percentage Rate
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates effective as of September 28,2010. Member must maintain $50 balance in share account.
Share Secured Rates
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates effective as of January 27, 2004. Member must maintain a $50 balance in share account.
*Annual Percentage Rate.
New Recreational Vehicle Rates
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates effective as of January 27, 2004. Member must maintain a $50 balance in share account.
*Annual Percentage Rate.
Used Recreational Vehicle Rates
Rate quoted above does not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from this rate. Rate subject to change. Rates effective as of January 27, 2004. Member must maintain a $50 balance in share account.
*Annual Percentage Rate.
Share Accounts
The Following are the dividend rates and annual percentage yield paid on share accounts as of May 25, 2011:
|
$50.00 to $2,999.99
|
0.10%
|
APY 0.10% |
| $3,000.00 |
0.25% |
APY 0.25% |
| $10,000.00 and up |
0.50% |
APY 0.50% |
Rates are variable, in which are declared and paid monthly.An application for membership may be obtained from the credit union office. Along with a properly filled in application and signature card, a membership fee of $.25 and a $50.00 (one share) deposit are required to open an account. The minimum balance of $50.00 and some kind of activity over 5 years must be kept in order to keep the account open. Any person you designate may become a joint owner on your account. Joint ownership does not automatically confer credit union membership.Federally insured by NCUA.
Share Certificates
Rates for Share Certificates are as follows as of August 30, 2011:
|
Term
|
APY*
|
| 6 Month |
.65% |
| 1 year |
.75% |
| 2Year |
.85% |
The minimum investment in a certificate is $1,000. Dividends are paid monthly to share account. Rates subject to change. Early withdrawal of certificate may be subject to a penalty.Allegheny Valley Federal Credit Union is federally insured by the National Credit Union Administration.
*Annual Percentage Yield
Home Equity Loans
|
Term
|
APR*
|
Payments
|
| 5 Year |
6.00% |
$19.24
|
| 10 year |
6.50% |
$11.29
|
Rates quoted above do not require payroll deduction or electronic payment. For payroll deduction or electronic payment subtract .25% from these rates. Rates subject to change. Rates effective as of July 1, 2006. Member must maintain $50 balance in share account. All Home Equity Loans are fixed rates and closed-end. *Annual Percentage Yield
|
Term
|
APR*
|
Payment
|
| 180 Months or Less |
8.00% |
$12.93
|
|
Term
|
APR*
|
Payment
|
| 61 Months to 120 Months |
5.35% |
$10.73
|
| 60 Months or Less |
4.85% |
$18.73
|
|
Term
|
APR*
|
Payment
|
| 61 Months to 120 Months |
7.50% |
$11.80
|
| 60 Months or Less |
7.00% |
$19.69
|
|
