Madison VA Employees' Credit Union
Rates
 
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Rates effective April 29, 2011
Although we strive to keep this page current, these rates ARE subject to change at anytime.

CERTIFICATE OF DEPOSIT
Minimum Certificate Amounts: $500.00

6 Month Certificate* Rate:   .40% APY: .40%
12 Month Certificate* Rate: .65% APY: .65%
24 Month Certificate* Rate: .85% APY: .86% 
*Early withdrawal's are subject to penalty.
This Credit Union is Federally insured by the National Credit Union Administration.
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SPECIAL RATE  4.75% UNSECURED LOAN 
Minimum Amount:  $2,000.00  
Maximum Amount:  $5,000.00
Maximum Term:      24 Months
UNSECURED LOANS
Unsecured Loans Up $5,000.00
36 months: 7.75% APR 
48 months: 8.00% APR 
KWIK CASH LINES OF CREDIT 
Opening rate of 7.25% APR until the first adjustment
(Subject to change each July 1st of each following year)
(Rates are tied to the Wall Street Prime Rate plus a margin)

Single payment loans for up to 6 months:
 7.75% APR.
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SAVINGS AND SHARE DRAFT CURRENT DIVIDENDS RATES
 

Share Draft:         .10% Dividend Rate
Savings Account: .25% Dividend Rate

 

 
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VEHICLE & RECREATIONAL LOANS
New Auto:
(Considered new if the vehicle has bever had an owner 
AND is being purchased from a dealer)
72 months -  4.99%APR
60 months -  3.99%APR
               _______________
Used Auto: (2007 or Newer)
60 months – 4.99% APR
48 months -  4.89% APR
36 months -  4.75% APR
Used Auto: (2006 or Older)
48 months - 5.75% APR
36 months - 5.50% APR 
               _______________
Motorcycle:
New:  5.99% APR
Used: 6.25% APR
               _______________
Boats and other recreational vehicles*
New:   60 months - 6.65% APR
Used:  60 months - 7.15% APR

*A vehicle used for recreational purposes only
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HOME EQUITY LOANS
(Fixed or balloon notes. Payments calculated as long as 180 month amortization.)
60 months:  6.00% APR
84 months:  6.25% APR

Home Equity Line of Credit Payments & Terms vary.
Current Opening Line Rate:  (Prime Plus 2.00%) = 5.25% APR
Minimum Rate   4.75% APR
Maximum Rate 11.99% APR
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"This Credit Union Is Federally Insured By The National Credit Union Administration."