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SAVINGS RATES | CD RATES | LOAN RATES
 
Muskegon Co-op Federal Credit Union offers it's members competitive rates.
Dividends are determined and paid from available net income for the quarter.
Rates effective 3/15/2010
The current rates are as follows:
Regular Share (Including Tax Club & Sub Shares)
Minimum $300 balance to earn dividend.
Share dividend is paid from net earnings & declared quarterly by Board of Directors.
|
DIVIDEND RATE |
APY* |
|
0.25% |
0.25% |
Variable Rate Share
$1,000 minimum balance required to earn interest.
|
TIER |
APY* |
| $1,000 - $2,499 |
.25% |
| $2,500 - $19,999 |
.70% |
| $20,000-$49,999 |
.95% |
| $50,000 and up |
1.25% |
Club Accounts (Christmas, Vacation & Youth Shares)
Minimum $300 balance to earn dividend. Restricted Withdrawals.
|
DIVIDEND RATE |
APY* |
|
0.75% |
0.75% |
IRA Shares
|
DIVIDEND RATE |
APY* |
|
1.00% |
1.01% |
Share Certificates
Annual Percentage Yields are:
|
TERM |
APY* |
|
3 months |
.70 % |
|
6 months |
1.00 % |
|
9 months |
1.15 % |
|
12 months (<$9,999.00) |
1.45 % |
|
12 months ($10,000+) |
1.55 % |
|
18 months |
1.45 % |
|
24 months |
1.85 % |
|
30 months |
1.85 % |
|
36 months |
2.30 % |
|
48 months |
2.55 % |
|
60 months* |
2.80 % |
IRA Certificate Rates
|
TERM |
APY* |
|
3 months |
.80 % |
|
6 months |
1.10 % |
|
12 months |
1.55 % |
|
18 months |
1.55 % |
|
24 months |
1.95 % |
|
30 months |
1.95 % |
|
36 months |
2.40 % |
|
48 months |
2.65 % |
|
60 months |
2.90 % |
$500.00 Minimum purchase
Penalty for early withdrawal.
Rates are subject to change without notice.
* Annual Percentage Yield
 
Loan Rates Effective 3/15/2010
For all loan types, a monthly rebate of .25% will be paid to member's savings
account if loan payment is automatically transferred from a Muskegon Co-op account.
|
LOAN TYPE |
APR*** |
TERMS |
|
2007 and newer Auto, R.V., Boat, Motorcycle |
As low as 4.00% |
36 M |
|
2007 and newer Auto, R.V., Boat, Motorcycle |
As low as 4.25% |
48 M |
|
2007 and newer Auto, R.V., Boat, Motorcycle |
As low as 4.49% |
60 M |
|
2007 and newer Auto, R.V., Boat, Motorcycle |
As low as 5.05% |
72 M** |
|
2007 and newer Auto, R.V., Boat, Motorcycle |
As low as 6.75% |
84 M* |
| 2006 and older Auto, R.V., Boat, Motorcycle |
As low as 4.60% |
36 M |
|
2006 and older Auto, R.V., Boat, Motorcycle |
As low as 4.90% |
48 M |
|
2006 and older Auto, R.V., Boat, Motorcycle |
As low as 5.25% |
60 M |
|
Closed-End Home Equity Loans |
As low as 4.75% |
<84M |
|
Closed-End Home Equity Loans |
As low as 5.75% |
85-120M |
|
Closed-End Home Equity Loans |
As low as 6.75% |
121-180M |
|
Mortgage Loans |
Click Here for current mortgage rates |
|
| Home Equity Line of Credit |
As low as 4.00% |
|
|
Unsecured Loans |
As low as 6.50% |
12 M |
|
Unsecured Loans |
As low as 7.75% |
24 M |
|
Unsecured Loans |
As low as 9.00% |
36 M |
|
Unsecured Loans |
As low as 9.50% |
48 M |
|
Unsecured Loans |
As low as 11.00% |
60 M |
|
Share Secured Loan |
3% plus rate of secured deposit |
36 M |
|
VISA Classic |
11.9% |
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VISA Platinum |
9.50% |
|
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*Loan must be greater than $30,000
**Loan must be greater than $20,000 |
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***Annual Percentage Rate
Muskegon Co-op Federal Credit Union
1051 Peck Street
Muskegon, Michigan
49440
(231) 726-4871
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