Rates
The following is an overview of all current savings and loan rates. For more detail on the individual products please see the appropriate sections on products & services.
| Standard Savings |
| Effective Date: 3/1/10 |
| Dividend/interest is calculated using the Daily Balance Method compounded and posted to the last day of each month. |
| Name | Minimum Balance | Divident/Interest Rate | Annual Percentage Yield (APY) |
| Member Share** |
$5 |
.25% |
.25% |
| Penny Pincher |
$5-$99 |
.25% |
.25% |
| Penny Pincher |
$100 |
.50% |
.50% |
| Christmas Club |
$0 |
.25% |
.25% |
| Check Plus |
$500 |
.25% |
.25% |
| Money Market |
$2,000 |
0.65% |
0.65% |
| Money Market |
$20,000 |
.90% |
.90% |
| Money Market |
$75,000 |
1.14% |
1.15% |
| Money Market |
$200,000 |
1.64% |
1.65% |
| IRA (all) |
$0 |
0.80% |
0.80% |
| Health Savings (HSA) |
$0 |
0.80% |
0.80% |
*Please Note: Fees may reduce earnings.
| Certificates of Deposit |
| Effective Date: 3/1/10 |
| Dividend/interest is calculated using the Daily Balance Method compounded and posted the last day of each month. |
| Name | Minimum Balance | Divident/Interest Rate | Annual Percentage Yield (APY) |
| 6 Month |
$500 |
.90% |
.90% |
| One Year |
$500 |
1.44% |
1.45% |
| 18 Month |
$500 |
1.64% |
1.65% |
| Two Year |
$500 |
1.88% |
1.90% |
| Three Year |
$500 |
2.23% |
2.25% |
| Four Year |
$500 |
2.57% |
2.60% |
| Five Year |
$500 |
2.96% |
3.00% |
| Five Year Jumbo |
$50,000 |
3.25% |
3.30% |
*Please Note: Fees may reduce earnings.
| Auto Loans |
| Effective Date: 3/1/10 |
| Name | Term | Rate |
| New/Used Auto |
12-36 Months |
As low as 4.74% |
| New/Used Auto |
37-48 Months |
As low as 4.74% |
| New/Used Auto |
49-60 Months |
As low as 4.74% |
| New/Used Auto |
61-72 Months |
As low as 5.49% |
| New/Used Auto |
73-84 Months |
As low as 6.49% |
| New Michigan Built Vehicles |
49-60 Months |
As low as 4.49% |
| Recreational Vehicles |
| Effective Date: 3/1/10 |
| This category includes RVs, Snowmobiles, Motorcycle and ATVs. |
| Name | Term | Rate |
| New/Used RV |
Up to 36 Months |
As low as 6.50% |
| New/Used RV |
37-48 Months |
As low as 6.75% |
| New/Used RV |
49-60 Months |
As low as 7.00% |
| New/Used RV |
61-72 Months |
As low as 7.25% |
| New/Used RV |
73-84 Months |
As low as 7.75% |
| New/Used RV |
85-120 Months |
As low as 7.75% |
| New/Used Motorcycles over 500cc |
12-36 Months |
As low as 4.74% |
| New/Used Motorcycles over 500cc |
37-48 Months |
As low as 4.74% |
| New/Used Motorcycles over 500cc |
49-60 Months |
As low as 4.74% |
| New/Used Motorcycles over 500cc |
61-72 Months |
As low as 5.49% |
| New/Used Motorcycles over 500cc |
73-84 Months |
As low as 6.49% |
| Additional Loan Options |
| Effective Date: 3/1/10 |
| Name | Term | Rate |
| Revolving Credit |
72 Months |
As low as 14.00% |
| Share Secured Loan |
to 60 Months on share or certificate maturity |
3.0 points over dividend rate |
| Computer Loan |
12 Months |
As low as 7.75% |
| Computer |
24 Months |
As low as 8.00% |
| Computer |
36 Months |
As low as 8.25% |
| Home Equity Loans |
| Effective Date: 3/1/10 |
| Name | Rate | Term |
| Open Ended Variable |
As low as 4.00% |
n/a |
| Closed End |
As low as 6.00% |
60 Months |
| Closed End |
As low as 6.25% |
120 Months |
| Closed End |
As low as 6.75% |
180 Months |
| Closed End |
As low as 7.00% |
240 Months |
