RATES
Effective March 19, 2020
Share Deposit Rates
Account Type |
Rate |
APY* |
Shares |
0.05% |
0.02% |
Drafts |
0.02% |
0.02% |
Escrow |
0.05% |
0.05% |
** Money Markets |
0.10% |
0.10% |
IRA Savings |
0.25% |
0.25% |
* APY=Annual Percentage Yield
Share rates (except Money Markets) are determined at the end of each calendar quarter for that quarter. The rates shown above were declared by the Board of Directors at their June 2019 board meeting. They were paid June 30, 2019 for the 2nd Quarter 2019.
** Money Market Rates are paid monthly on the last day of the month.
Share rates (except Money Markets) are determined at the end of each calendar quarter for that quarter. The rates shown above were declared by the Board of Directors at their June 2019 board meeting. They were paid June 30, 2019 for the 2nd Quarter 2019.
** Money Market Rates are paid monthly on the last day of the month.
Certificate Rates
Certificate Type |
Rate |
APY* |
3-Month CD |
0.50% |
0.10% |
6-Month CD |
0.20% |
0.20% |
1-Year CD |
0.25% |
0.25% |
1 1/2 Year-CD |
0.30% |
0.30% |
2-Year CD |
0.35% |
0.35% |
2 1/2-Year CD |
0.40% |
0.40% |
3-Year CD |
0.50% |
0.50% |
IRA |
0.50% |
0.50% |
Christmas Club |
0.25% |
0.25% |
APY=Annual Percentage Yield
NOTE: Certificate rates reflect quarterly compounding. The monthly withdrawal of interest will result in a lower yield. A pre-mature withdrawal of principle will result in the assessment of an interest penalty. Rates are subject to change before being updated on this web page.
NOTE: Certificate rates reflect quarterly compounding. The monthly withdrawal of interest will result in a lower yield. A pre-mature withdrawal of principle will result in the assessment of an interest penalty. Rates are subject to change before being updated on this web page.
Unsecured Loans
Credit Score: |
850-750 |
749-700 |
699-650 |
649-600 |
599-500 |
Visa Credit Cards* |
12.00% |
12.00% |
12.00% |
12.00% |
12.00% |
Signature Loans (36 months) |
8.00% |
8.50% |
9.00% |
14.00% |
18.00% |
Signature Loans (48 months, $5,000+) |
9.00% |
9.50% |
10.00% |
N/A |
N/A |
New Vehicles (Cars, Trucks, Boats, RV's)
Credit Score: |
850-750 |
749-700 |
699-650 |
649-600 |
599-500 |
60 months, up to 15,000 miles |
3.00% |
3.50% |
4.00% |
9.00% |
14.00% |
72 months, up to 15,000 miles |
3.50% |
4.00% |
4.50% |
9.50% |
14.50% |
Used Vehicles (Cars, Trucks, Boats, RV's)
Credit Score: |
850-750 |
749-700 |
699-650 |
649-600 |
599-500 |
'18-'14, 72 months. up to 25K miles |
4.00% |
4.50% |
5.00% |
10.00% |
15.00% |
'18-'14, 60 months. 25K miles or more |
3.50% |
4.00% |
4.50% |
9.50% |
14.50% |
'13-'10, 60 months |
4.00% |
4.50% |
5.00% |
10.00% |
15.00% |
'09 - '06, 36 months |
5.50% |
6.00% |
6.50% |
11.50% |
16.50% |
'05 - older, 36 months |
6.50% |
7.00% |
7.50% |
12.50% |
17.50% |
Mortgage Loans (First Mortgage, Owner Occupied)
Competitive market rates are available through our mortgage loan partner, 7 Mortgage.
Deposit Account "Share" Secured Loans
Shared Secured, 2.0%
Certificated Secured, 2.0% above the certificate rate
Certificated Secured, 2.0% above the certificate rate
From time to time, we may offer a "special" loan that will have its own terms, features and requirements. Usually this loan type will be available for a limited time only, and offered at set times of the year. Please check with us to from time to time to see what is currently available.
Please note that additional underwriting quidelines must be met before the borrower can be approved for a loan. Also, the above score numbers are based on the Fair Isaac Beacon Score the EPB Employees Credit Union obtains from ChoiceDATA/Equifax.
* Credit Card loans require a monthly payment that will pay the interest due AND reduce the principal balance by 5%. The payments shown above reflect the first full monthly payment only. The term usually calculates to be approximately an 18-month amortization (as long as payments are made and no additional charges are added to the balance).
SPECIAL NOTE: On New and Used Vehicle Loans, if your loan-to-collateral value is 80% or less, then the above rates will be lowered by 0.50%. Collateral value is usually determined from invoice, appraisal report, NADA or New Car Cost Guide publications.
Please note that additional underwriting quidelines must be met before the borrower can be approved for a loan. Also, the above score numbers are based on the Fair Isaac Beacon Score the EPB Employees Credit Union obtains from ChoiceDATA/Equifax.
* Credit Card loans require a monthly payment that will pay the interest due AND reduce the principal balance by 5%. The payments shown above reflect the first full monthly payment only. The term usually calculates to be approximately an 18-month amortization (as long as payments are made and no additional charges are added to the balance).
SPECIAL NOTE: On New and Used Vehicle Loans, if your loan-to-collateral value is 80% or less, then the above rates will be lowered by 0.50%. Collateral value is usually determined from invoice, appraisal report, NADA or New Car Cost Guide publications.
