Rates & Terms
Every rate, in one place.
The complete deposit and loan rate sheet for Carolina Cooperative FCU, published straight from our current rate schedule.
Effective
Deposit Rates
Savings, checking & certificates.
| Account Type | Details | Minimum Balance | A.P.Y. |
|---|---|---|---|
| Share Account | $5 minimum to maintain membership; $100 minimum to earn dividends | $5.00 | 0.05% |
| Share Draft Account | No minimum balance required; no per-check charges | None | 0.00% |
| E-Share Draft Account | Dividends paid up to $25,000; requires Direct Deposit & E-Statements | None | 0.25% |
| Club Accounts | Christmas & Vacation Clubs; $100 minimum to earn dividends | $100.00 | 0.30% |
| Daily Money Market | Money Market Account | $250.00 | 0.90% |
| IRA Accumulation Account | Individual Retirement Account | N/A | 0.35% |
| Term | Description | Minimum to Open | A.P.Y. |
|---|---|---|---|
| 6 Month | Certificate of Deposit | $500.00 | 3.00% |
| 12 Month | Certificate of Deposit | $500.00 | 3.50% |
| 18 Month | Certificate of Deposit | $500.00 | 3.50% |
| 24 Month | Certificate of Deposit | $500.00 | 2.95% |
| 36 Month | Certificate of Deposit | $500.00 | 2.85% |
| 48 Month | Certificate of Deposit | $500.00 | 2.75% |
| 60 Month | Certificate of Deposit | $500.00 | 2.25% |
Notes
- All dividends are posted to member accounts monthly.
- Additional deposits are not permitted into certificate accounts.
- Christmas Club account balances are transferred to savings on November 1st each year.
- One withdrawal may be made quarterly from Vacation Club accounts.
- A member may request to have their Certificate of Deposit raised to the current rate.
- A.P.Y. = The annual percentage yield measures the total amount of interest paid on an account based on the interest rate and the frequency of compounding.
- Deposits are insured to at least $250,000.00 by the National Credit Union Administration, a federal government agency backed by the U.S. Treasury Department.
- Rates are subject to change at any time. CD Specials may be discontinued at any time.
- Early withdrawal penalty is 90 days interest.
- Rates are subject to change without notice. Please contact your credit union for current information.
- Terms and conditions of CCFCU's certificates are printed in our Certificate Disclosure Agreement Forms. Fees are imposed for early withdrawal. Copies of fees and/or disclosures may be obtained from any of our branch locations.
- We notify you of your impending maturity date in plenty of time for you to think about your options. And, if your obvious choice is simply to re-invest at our current rate, you don't even have to get back to us. We'll take care of renewing your certificates automatically if we don't hear from you!
Loan Rates
Vehicles, real estate & signature loans.
| Credit Tier | Financing | Term | A.P.R. |
|---|---|---|---|
| Credit scores of 780 or higher | Up to 100% | Up to 72 months | 4.99%1 |
| Credit scores of 700–779 | Up to 100% | Up to 72 months | 6.49%1 |
| Credit scores of 650–699 | Up to 100% | Up to 72 months | 7.25%1 |
| Credit scores of 600–649 | Up to 100% | Up to 72 months | 9.99%1 |
| Credit scores of 550–599 | Up to 100% | Up to 60 months | 13.99%1 |
| Credit Rebuilding Rate | Up to 100% | Up to 60 months | 17.50%1 |
| Financing | Term | A.P.R. Range |
|---|---|---|
| 100% | Up to 60 months | 8.50% – 15.25% |
| 90% (includes credit rebuilding) | Up to 60 months | 8.25% – 15.00% |
| 80% (includes credit rebuilding) | Up to 60 months | 8.00% – 14.75% |
Real Estate Loans
A wide range of fixed and adjustable rate mortgages and terms are available. Contact the Loan Department or call (704) 543-8901 for current mortgage rates.
| Loan Type | Term | A.P.R. |
|---|---|---|
| $1,500.00 or greater3 | Up to 48 months | 9.99% – 14.99% |
| $1,499.00 or less | Up to 24 months | 9.99% – 14.99% |
| Credit Rebuilding ($1,000 maximum) | Up to 24 months | 17.90% |
| Share or Certificate Secured Loans | Variable | 2% above account rate |
| Certificate Secured Loans | Variable | 2% above account rate2 |
| Card | Term | A.P.R. |
|---|---|---|
| Select VISA Credit Card | Revolving | 8.90% |
| Classic VISA Credit Card | Revolving | 12.90% |
| Secured VISA Credit Card | Revolving | 12.90% |
| Loan Type | Term | A.P.R. |
|---|---|---|
| No Credit Check Loan4 | 4 months | 15.00% |
Notes
- The lowest possible loan rate is listed for each category above. Your rate may be higher, depending on credit worthiness and/or other factors. Contact the Credit Union for more information about financing terms and conditions. The maximum amount that may be financed for any one vehicle is $100,000. ↩
- Call (704) 543-8901 for the present certificate rate in order to determine the current APR. ↩
- Signature Loans are available up to 15% of a member's annual income or $20,000.00, whichever is less. ↩
- $20.00 non-refundable processing fee. ↩
- A.P.R. = Annual Percentage Rate.
- 48 monthly payments of $26.83 per $1,000.00 borrowed for 13.00% APR unsecured loans.
- All loans are subject to approval.
- Optional Credit Life and/or Credit Disability insurance is available.
- Optional Auto Warranty and Gap Coverage is available.
Rates are subject to change at any time.