Rates for Morgan County
Loan Products
Rates effective as of July 7, 2020
Fixed Home Equity Loan Promotion
| Rate Description | APR |
| 15 years | As low as 2.99% |
| 20 years | As low as 3.75% |
Rates shown above are for LTV 80% and less.
1st Lien Position Only
*Certain Restrictions Apply
Home Equity Line of Credit Promotion #1
| Rate Description | APR |
| LTV<80% | As low as 1.99% |
| LTV>80% | As low as 2.74% |
Closing Cost Reimbursement*
Rate fixed until 12/31/2020
*Certain Restrictions Apply
Home Equity Line of Credit Promotion #2
| Rate Description | APR |
| LTV<80% | As low as 0.89% |
Closing Cost Reimbursement*
Rate fixed until 3/31/2021
*Certain Restrictions Apply
Auto Loan Promotion
| Rate Description | APR |
| 48 months | 1.99% |
| 60 months | 2.50% |
Model years 2012-2020
80,000 miles or less
Personal Loans
| Rate Description | APR |
| 0-36 months | As low as 8.99% |
| 37-48 months | As low as 13.00% |
| 49-60 months | As low as 14.00% |
Auto Loans
| Rate Description | APR |
| 2017 & newer: 0-36 months | As low as 1.99% |
| 2017 & newer: 37-48 months | As low as 1.99% |
| 2017 & newer: 49-60 months | As low as 2.50% |
| 2017 & newer: 61-72 months | As low as 3.25% |
| 2017 & newer: 73-84 months | As low as 3.75% |
| 2012-2016: 0-36 months | As low as 2.75% |
| 2012-2016: 37-48 months | As low as 2.75% |
| 2012-2016: 49-60 months | As low as 3.50% |
| 2012-2016: 61-72 months | As low as 4.25% |
| 2012-2016: 73-84 months | As low as 5.00% |
| 2008-2011: 0-36 months | As low as 4.00% |
| 2008-2011: 37-48 months | As low as 5.00% |
| 2007 & older: 0-48 months | As low as 5.50% |
Other terms & rates available. Please contact us for more information.
RVs & Motorhomes
| Rate Description | APR |
RVs/Motorhomes-72 months
Minimum Value-$20,000 | Auto Rate + 1.00% |
RVs/Motorhomes-84 Months
Minimum Value-$30,000 | Auto Rate + 1.00% |
Motorcycles
| Rate Description | APR |
New-Up to 72 months
Value must be $20,000+ | 2.00% over Auto Rate |
Used-Up to 60 months
Value must be $12,000+ | 2.00% over Auto Rate |
Motorhomes-New
| Rate Description | APR |
| 0-60 months | As low as 5.00% |
| 61-84 months | As low as 7.00% |
| 85-144 months | As low as 7.75% |
100% maximum LTV
Motorhomes-Used
| Rate Description | APR |
| 0-60 months | As low as 5.25% |
| 61-84 months | As low as 7.50% |
100% maximum LTV
Boats/Travel Trailers
| Rate Description | APR |
New-Up to 72 months
Value must be $20,000+ | 3.00% over Auto Rates |
Used-Up to 60 months
Value must be $12,000+ | 3.00% over Auto Rates |
ATVs/Snowmobiles/Personal Watercrafts/Utility Equipment/Equipment
| Rate Description | APR |
| New-Up to 60 months | 4.00% over Auto Rates |
| Used-Up to 48 months | 4.00% over Auto Rates |
Fixed Home Equity Loan
| Rate Description | APR |
| 60 months | As low as 2.50% |
| 84 months | As low as 3.00% |
| 120 months | As low as 3.50% |
| 180 months | As low as 4.50% |
*Certain Restrictions Apply
Credit Cards
| Rate Description | APR |
| Visa Classic | 11.50% |
| Visa Platinum | 8.99% |
Deposit Products
Rates effective as of July 7, 2020
Savings Accounts
| Rate Description | APY | Dividend/Interest |
Regular, Business, Club/Secondary & Christmas Club Shares
on balances greater than $100 | 0.10% | 0.100% |
Star Savers/Teen Savers Account
on balances greater than $5 | 0.10% | 0.100% |
Payroll Holiday Accounts
on balances greater than $100 | 1.00% | 0.995% |
IRA Shares
on balances greater than $100 | 0.65% | 0.648% |
Checking Accounts
| Rate Description | APY | Dividend/Interest |
| eFirst Checking - Up to $25,000 | 2.00% | 1.980% |
| eFirst Checking - Balance in excess of $25,000 | 0.10% | 0.100% |
Non-Profit Checking
on balances of $100 and greater | 1.10% | 1.094% |
Thrift Savings Accounts
| Rate Description | APY | Dividend/Interest |
| $100 - $499 | 0.10% | 0.100% |
| $500 - $4,999 | 0.35% | 0.349% |
| $5,000 - $24,999 | 0.50% | 0.499% |
| $25,000 - $74,999 | 0.85% | 0.846% |
| $75,000 - $149,999 | 1.10% | 1.094% |
| $150,000 - $249,999 | 1.35% | 1.341% |
| $250,000 + | 1.60% | 1.587% |
One free withdrawal per quarter.
$25 fee for each additional w/d in same quarter.
Balances below $100 earn 0.00%.
Money Market Deposit Accounts (MMDA)
| Rate Description | APY | Dividend/Interest |
| $100 - $999 | 0.10% | 0.100% |
| $1,000 - $9.999 | 0.20% | 0.200% |
| $10,000 - $24,999 | 0.25% | 0.250% |
| $25,000 - $49,000 | 0.35% | 0.349% |
| $50,000 - $99,999 | 0.50% | 0.499% |
| $100,000 - $249,999 | 0.65% | 0.648% |
| $250,000 + | 0.75% | 0.747% |
Three free withdrawals per month.
$10 fee for each additional w/d in same month
Balances that fall below $100, earn 0.00%
Certificates
| Rate Description | APY | Dividend/Interest |
| 91 Days | 0.10% | 0.100% |
| 6 Months | 0.35% | 0.349% |
| 9 Months-Promotional Rate | 1.10% | 1.094% |
| 12 Months | 0.65% | 0.648% |
| 18 Months | 0.75% | 0.747% |
| 24 Months | 0.90% | 0.896% |
| 36 Months | 1.00% | 0.995% |
| 39 Months-Promotional Rate | 1.55% | 1.538% |
| 48 Months | 1.25% | 1.242% |
| 48 Months (step up) | 1.25% | 1.242% |
| 72 Months | 1.80% | 1.784% |
IRA Certificates must be at least 12 months.
IRAs are eligible.
$500 minimum balance required.
Early withdrawal penalty applies.
Certificate Specials renew at the non-promotional rate.
IRA, HSA, ESA certificates automatically renew into a 12 month non-promo rate.
Non-promo certificates automatically renew into the same term.
Mortgage Products
Rates effective as of July 7, 2020
ARM (Adjustable Rate Mortgage)
| Rate Description | APR |
| 1/1 | As low as 1.490% |
| 3/1 | As low as 1.600% |
| 5/1 | As low as 2.750% |
| 7/1 | As low as 3.000% |
| 10/1 | As low as 3.500% |
Rates are subject to an increase or a decrease after the Initial Fixed Period.
Loans over $510,400 may be subject to different rates, please check with a Mortgage Specialist for details.
Fixed Mortgages
| Rate Description | APR |
| 15 Year - Fixed Rate | As low as 2.375% |
| 20 Year - Fixed Rate | As low as 2.625% |
| 30 Year - Fixed Rate | As low as 2.875% |
Rates are subject to change daily
Maximum loan amount is $510,400
Rates based on Primary or Secondary Residence/Owner Occupied
Please contact Credit Union for additional program options
Fixed Construction Loans
| Rate Description | APR |
| 15 Year- Fixed Rate | As low as 3.25% |
| 20 Year- Fixed Rate | As low as 3.50% |
| 30 Year- Fixed Rate | As low as 4.00% |
Rates are subject to change daily
Please contact Credit Union for additional program options
Construction ARM's (Adjustable Rate Mortgages)
| Rate Description | APR |
| 3/1 | As low as 3.000% |
| 5/1 | As low as 3.125% |
Rates are subject to change daily
Please contact Credit Union for additional program options
All rates subject to change without notice.
APR - Annual Percentage Rate
APY - Annual Percentage Yield
LTV (Loan to Value) = Loan amount divided by appraised value
Fees and/or other conditions could reduce earnings.
