|
|
|
A Word of Caution...
VSE will NOT call you by phone or send an e-mail to you, asking that you provide account or social security numbers, personal information, or balances. If you receive e-mails, telephone calls, or other forms of correspondence from anyone seeking information about your VSE credit union accounts, treat the message with caution and contact us immediately. For more information, please visit our Fraud Prevention page. |
Savings Rates Certificate Rates Loan Rates
SAVINGS ACCOUNTS
(Effective as of 7/1/2008)
|
Rates are subject to change without notice. Every effort is made to keep the web site current however, rates posted in the credit union office take precedence over rates posted on the web site. Please call the credit union for today's rates. Fees, if any, may reduce earnings and affect Annual Percentage Yield (APY) calculations. Please call the credit union for complete "Truth-in-Savings" disclosures. Telephone 989-793-5943 (Saginaw), 888-504-7999 (Saginaw toll-free), 989-673-3002 (Caro).
APY* denotes ANNUAL PERCENTAGE YIELD |
|
|
|
Rate |
APY* |
Prime Shares (regular savings)
$5.00 minimum balance to open the account. $5.00 balance is necessary to earn the stated APY*. |
0.75% |
0.75% |
| Vacation Club |
0.75% |
0.75% |
| Share 99 |
0.75% |
0.75% |
Early Bird Credit Union Kids
$5.00 minimum balance to open the account. $5.00 balance is necessary to earn the stated APY*. |
0.75% |
0.75% |
Teen Savers
$5.00 minimum to open the account. $5.00 balance is necessary to earn the stated APY*. |
0.75% |
0.75% |
Individual Retirement Account (Term Share)
(Traditional, Roth and Coverdell (Education)) |
1.74% |
1.75% |
Money Market Shares
$2,500 minimum balance to open the account. $2,500 balance necessary to earn the stated APY*. |
1.74% |
1.75% |
| Christmas Club |
1.25% |
1.25% |
CERTIFICATES OF DEPOSIT
(Effective as of 10/16/2008)
|
Regular and IRA Certificates of Deposit
Certificate rates can change without notice. Every effort is made to keep the web site current however, rates posted in the credit union office take precedence over rates posted on the web site. Please call the credit union for today's rates. Telephone 989-793-5943 (Saginaw), 888-504-7999 (Saginaw toll-free), 989-673-3002 (Caro).
Certificate of Deposit minimum and the balance necessary to earn the APY* is $1,000, with the exception of Education IRA Certificates which are $500 and Youth Certificates which are $250. Additions to the certificate, with the exception of the Youth Certificate, are not permitted until the maturity date stated on the account.
Interest is calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
A penalty may be imposed on withdrawals before maturity.
Certificates automatically renew at maturity.
Please call the credit union for a complete Truth-in-Savings disclosure or click on the Truth-in-Savings Disclosure Information link below.
APY* denotes ANNUAL PERCENTAGE YIELD
|
|
|
| |
Rate |
APY* |
| Six Months |
2.90% |
2.90% |
| Nine Months |
3.94% |
4.00% |
| Twelve Months |
2.97% |
3.00% |
| Fifteen Months |
2.97% |
3.00% |
| Eighteen Months |
2.97% |
3.00% |
| Twenty-four Months |
3.06% |
3.10% |
| Thirty-six Months |
3.11% |
3.15% |
| Forty-eight Months |
3.16% |
3.20% |
| Sixty Months |
3.21% |
3.25% |
Youth Certificate Program
Interest is paid at maturity. Additions to the certificate in increments of $100 permitted once per month during the certificate term. Minimum initial deposit and balance necessary to earn the stated APY* is $250.
|
|
|
| Six Months |
2.97% |
3.00% |
CONSUMER LOANS
(Effective as of 8/21/08)
|
Rates are subject to change without notice. Every effort is made to keep the web site current however, rates posted in the credit union office take precedence over rates posted on the web site. Please call the credit union for current rates.
Telephone 989-793-5943 (Saginaw), 888-504-7999 (Saginaw toll-free), 989-673-3002 (Caro).
THERE IS NO DOWN PAYMENT REQUIRED ON NEW OR USED UNITS.
APR* denotes ANNUAL PERCENTAGE RATE
|
|
|
|
Autos, Trucks, Motorcycles, Boats, Vans, Conversion Vans, 5th Wheelers, Titled Travel Trailers, Pop-up and Pickup Campers and Motor Homes
|
Approximate
Term |
Rate |
|
|
2009 and 2008 (Under 10,000 Miles) |
Up to 60 months |
4.50% APR* |
|
| New 2009-2008 |
Up to 72 months (minimum loan of $18,000) |
5.50% APR* |
|
| Used 2008-2005 |
Up to 60 months |
6.00% APR* |
|
| 2004-2002 |
Up to 48 months |
7.00% APR* |
|
| 2001-1999 |
Up to 36 months |
7.50% APR* |
|
| 1998 & Older |
Up to 24 months |
7.50% APR* |
|
|
|
|
|
| New and Used Snowmobiles, Personal Watercraft, All-terrain Vehicles, 3&4 Wheelers, Riding Tractors |
Up to 60 months |
9.00% APR* |
|
| |
|
|
|
| Home Improvement Loans |
|
|
|
| $2,500 or less |
Up to 30 months |
9.50% APR* |
|
| $2,501 to $5,000 |
Up to 60 months |
9.75% APR* |
|
| $5,001 to $10,000 |
Up to 60 months |
12.60% APR* |
|
| |
|
|
|
| Signature Loans (Also see 'Loan Specials' Below) |
Up to 31 months |
13.95% APR* |
|
| |
|
|
|
| Overdraft Protection Plan |
|
15.00% APR* |
|
| |
|
|
|
| Share Secured Loans |
Up to 120 months |
Please call for current rate |
|
|
|
|
|
| Loan Specials ("Spring Fling," "Summer Fun," "Fall Into Savings," "Clean Slate") |
Up to 12 months |
7.90% APR* |
|
| |
Up to 24 months |
8.90% APR* |
|
| |
Up to 36 months |
9.90% APR* |
|
| |
Up to 42 months |
10.90% APR* |
|
Valley State Employees Credit Union
2686 McLeod Dr. North
Saginaw, Michigan
48603
989.793.5943
Fax: 989.793.4321
mail@valleystatecu.org
|
