Rates
For Fees Click Here.
PRIVATE STUDENT LOAN SOLUTIONS
Click here for current rates on our Student Choice private student loan solutions.
SHARE SAVINGS RATES
| SAVINGS |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| Regular Savings and Clubs |
$5 |
.30% |
.30% |
| Life Savings |
$5 |
.10% |
.10% |
Money Market |
$2,500 - $9,999 |
.60% |
.60% |
| $10,000 - 19,999 |
.70% |
.70% |
$20,000 - $49,999 |
.80% |
.80% |
$50,000 and over |
.90% |
.90% |
| Packaged Share Draft |
-- |
.10% |
.10% |
| IRA Shares |
$25 |
.80% |
.80% |
Annual Percentage Yields (APY) are subject to change monthly.
These rates are variable and are determined at the discretion of the Board of Directors.
Dividends are paid and compounded monthly, and are calculated using the daily balance method, which applies a daily periodic rate to the balance in the account each day. Fees could reduce earnings. Please refer to our Truth-In-Savings disclosure for further details.
Savings Calculator
SHARE CERTIFICATES
| TERM |
MINIMUM
DEPOSIT |
DIVIDEND
RATE |
APY |
| 12 month First Step |
$25* |
.40% |
.40% |
| Six-month Affordable |
$250 |
.50% |
.50% |
| Six-month Money Market |
$1,000 |
.90% |
.90% |
| 1 Year |
$1,000 |
1.20% |
1.21% |
| 1 Year Jumbo |
$100,000 |
1.30% |
1.31% |
| 2 Year |
$1,000 |
1.60% |
1.61% |
| 2 Year Jumbo |
$100,000 |
1.70% |
1.71% |
| 3 Year |
$1,000 |
2.10% |
2.12% |
| 3 Year Jumbo |
$100,000 |
2.20% |
2.22% |
| Traditional IRA, Roth IRA, Jumbo and Coverdell Education Savings Account Certificate |
| 1 Year |
$1,000 |
1.45% |
1.46% |
| 1 Year Jumbo |
$100,000 |
1.55% |
1.56% |
| 3 Year |
$1,000 |
2.35% |
2.37% |
| 3 Year Jumbo |
$100,000 |
2.45% |
2.47% |
| 5 Year |
$1,000 |
2.80% |
2.83% |
| 5 Year Jumbo |
$100,000 |
2.90% |
2.93% |
Share Certificate Annual Percentage Yields (APY)
are effective 07/27/10 and are subject to change without notice.
Dividends on all Share Certificates, including IRA Share Certificates, are calculated using the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends on Six-Month Affordable and Money Market certificates are paid at maturity. Dividends on all other types of certificate accounts are paid and compounded quarterly, with final payment at maturity. Penalty will be imposed for early withdrawals. Fees could reduce earnings. See certificate disclosure for details.
* Requires regular minimum monthly deposits of $25.00 until maturity date.
Retirement Planning Calculator
VEHICLE LOANS:
|
Annual Percentage Rate (APR) As Low As: |
Relationship Packaged Account
Annual Percentage Rate (APR) As Low As: |
Term* |
| Vehicle Loans: Autos, Boats, RVs and Motorcycles |
3.50% |
3.25% |
Up to 36 Months |
| 3.75% |
3.50% |
37-48 Months |
| 4.00% |
3.75% |
49-60 Months |
| 4.25% |
4.00% |
61-72 Months |
| 5.25% |
5.00% |
73 Months and greater |
Rates reflect a .25% limited time promotional discount (can be withdrawn at any time). CALL THE CREDIT UNION AND ASK IF YOU'RE ELIGIBLE FOR A PACKAGED ACCOUNT DISCOUNT! At no time can the discounted loan rate be lower than the Credit Union’s designated floor rate. Annual Percentage Rate (APR) may be higher on auto loans based on past and present credit performance. *Terms over 73 months depend on vehicle age and loan amount.
Use our Loan Calculator or
apply on-line now!
PERSONAL LOANS:
| LOAN |
APR
AS LOW AS°: |
TERM |
| Personal |
7.45% |
Up to 48 Months |
°APR may be higher
on personal and auto loans based on past and present credit performance.
+Existing TFCU loans are not eligible for refinance. Relationship discounts do not apply.
SHARE DRAFT OVERDRAFT PROTECTION:
| LOAN |
APR |
TERM |
| $5,000 Max |
15.90% |
Monthly payment is $30
per $1,000 increment due. |
Apply on-line now!
VISA CREDIT CARDS
Annual Percentage Rate (APR)† for Purchases, Cash Advances and Balance Transfers:
11.9%-17.9% fixed APR for Visa Platinum Rewards
8.9% - 16.9% fixed APR for Visa Platinum and VISA Platinum
Share Secured
|
Default Annual Percentage Rate (APR):
Your interest rate will increase by 2% if you are delinquent for 2 consecutive billing cycles. This rate will remain in effect until the account is kept current for 6 consecutive billing cycles. |
Grace Period for Purchases:
25 days from the closing date of statement cycle to repay balance before a finance charge is assessed on purchases for VISA Platinum and VISA Platinum Reward, no grace period for VISA Platinum Share Secured
|
Method of computing purchases:
Average daily balance (including new purchases) |
Annual Fee:
$0 for Express, Concorde, Premiere50, Advantage Circle Plus Members
$25 for VISA Platinum Rewards
$0 for VISA Platinum
$0 for VISA Platinum Share Secured
|
|
Late
payment fee:
10% of the delinquent amount will be added to the account for each past due cycle that you remain past due, subject to a minimum of $1.00. VISA Platinum Rewards maximum $30.00 per cycle. VISA Platinum and VISA Platinum Share Secured maximum $25.00 per cycle.
|
|
Minimum
Finance Charge: $0.50
Cash Advance fee: None
Balance transfer fee: None
Over the credit limit fee: $10.00
|
†The Annual Percentage Rate is determined by your credit performance. Yours may be different than disclosed. The method used to determine individual rates is on file at the Credit Union. Information is subject to change. To find out what may have changed, call us at 202-366-9400 or 1-800-DOTTIE2, or write us at P.O. Box 70440, Washington, D.C. 20024-0440
Apply on-line now!
HOME EQUITY
| LOAN TYPE |
TERM
(Up to) |
APR |
MAX. LTV |
FEES |
Home Equity Line of CreditMaximum Limit $100,000
|
Draw Period-15 yrs.Repayment Period-15 yrs. |
3.74%
variable rate |
80% |
Fee generally range from
$100-1,200* |
High Loan-to-Value Home Equity Line of CreditMinimum limit $5,000
Maximum limit $250,000 up to 100% LTV
Draw Period-15 yrs.Repayment Period-15 yrs. |
4.99%
variable rate |
100%** |
Loans < $50k
Fees range from $100-$600*Loans > $50K
Fees range from $500-$1,200* |
|
Interest-Only Home Equity Line of CreditMaximum Limit $100,000
|
Draw period 7 yrs.
Repayment period 15 yrs.
Draw Period-7 yrs.Repayment Period-15 yrs. |
3.99%
variable rate |
80% |
Fees generally range from
$500-1,200* |
Interest-Only High Loan-to-Value
Home Equity Line of CreditMinimum limit $5,000
Maximum limit $250,000 up to 100% LTV
Draw Period-7 yrs.Repayment Period-15 yrs. |
4.99%
variable rate |
100%** |
Loans < $50k
Fees range from $100-$600*Loans > $50K
Fees range from $500-$1,200* |
|
No-Cost Home Equity Line of CreditMinimum limit Loan $25,000
Maximum limit $100,000
Draw Period-15 yrs.Repayment Period-15 yrs. |
3.99%
variable rate |
80% |
Closing Cost Paid by
TFCU*** |
|
| SECOND TRUST FIXED RATES |
TERM
(Up to) |
APR As Low As+ |
MAX. LTV |
FEES |
Non-Revolving
Fixed Rate Second TrustMaximum Loan $100,000
|
5 yrs.
10 yrs.15 yrs. |
4.24%
4.74%5.24% |
80% |
Loans < $50k
Fees range from $100-$600*Fees generally range from
$500-$1,200* |
No Cost - Fixed Rate Second Trust
Mininum Loan $25,000
Maximum Loan $100,000 |
5 yrs.
10 yrs.
15 yrs. |
5.24%
5.74%
6.24% |
80% |
Closing Cost Paid by
TFCU*** |
High Loan-to-Value
Fixed Rate Second TrustMinimum limit $5,000
Maximum limit $250,000 up to 100% LTV
| 5 yrs.
10 yrs. 15 yrs. |
5.74%
6.24%6.74% |
100%**
|
Loans < $50k
Fees range from $100-$600*Loans > $50K
Fees generally range from
$500-$1,200* |
+The Annual Percentage Rate (APR) may be higher based on past and present credit performance.
*Depending on loan amount, property location and method of valuation. Additional fees may include title search/insurance, recording fee/taxes, attorneys and appraisal fees.
**Loan to value based on the tax assessment or appraisal for a loan amount up to $250,000. Some restrictions may apply for the maximum LTV of 100%, not all members/property will qualify. Program not available in Hawaii or Alaska.
***Lender will not pay for expense associated with taxes, liens (to include lien releases) or misc. settlement expense.
These terms may change without notice. Home Equity rates are in effect from 7/1/10. Second trust rates are in effect from 7/1/10. Your rate will be locked-in at the
time of credit approval.
Late fees: If your payment is more than 15 days late, we may charge you 5% of the payment or $25.00 whichever is greater. Fees may vary depending on the location of the property. Collection Costs: You promise to pay all costs of collecting the amount you owe under any agreement signed with
Transportation Federal Credit Union including court costs and reasonable attorney fees.
MORTGAGES
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