Rates
Deposit Accounts
APY = Annual Percentage Yield. APR = Annual Percentage Rate. Rates effective as of 06/30/2020. Fees may reduce earnings. Rates may change after accounts are opened.
| Savings Accounts | |||
|---|---|---|---|
| Effective Date: 01/27/2021 | |||
| Account Type | Dividend Rate | Annual Percentage Yield | Minimum Balance to Earn Dividend |
| Regular Savings | .05% | .05% | $105.00 |
| Christmas/ Dream Club | .05% | .05% | $0.01 |
| Special Purpose Account | .05% | .05% | $0.01 |
| Individual Retirement Account | .25% | .25% | $0.01 |
| Earnie Youth Account | .05% | .05% | $0.01 |
| High Yield Account | |||
|---|---|---|---|
| Effective Date: 06/25/2021 | |||
| Tier | Dividend Rate | Annual Percentage Yield | Minimum Balance to Earn Dividend |
| $2,500 – $4999.99 | 0.10% | 0.10% | $2,500.00 |
| $5,000 – $9,999.99 | 0.10% | 0.10% | $5,000.00 |
| $10,000 – $24,999.99 | 0.15% | 0.15% | $10,000.00 |
| $25,000 and over | 0.20% | 0.20% | $25,000.00 |
| Certificate of Deposit & IRA Certificate | |||
|---|---|---|---|
| Penalties may apply for early withdrawals Effective Date:01/27/2021 | |||
| Term | Dividend Rate | Annual Percentage Yield | Min. Balance to open |
| 3 Month | 0.25% | 0.25% | $500 |
| 6 Month | 0.35% | 0.35% | $500 |
| 12 Month | 0.40% | 0.40% | $500 |
| 24 Month | 0.50% | 0.50% | $500 |
| 36 Month | 0.55% | 0.55% | $500 |
| 48 Month | 0.65% | 0.65% | $500 |
| 60 Month | 0.75% | 0.75% | $500 |
| CD Plus – 6 Month | 0.30% | 0.30% | $100 |
| Jumbo 12 Month | 0.50% | 0.50% | $25,000 |
| Jumbo 24 Month | 0.60% | 0.60% | $25,000 |
| Jumbo 36 Month | 0.65% | 0.65% | $25,000 |
| Jumbo 48 Month | 0.75% | 0.75% | $25,000 |
| Jumbo 60 Month | 0.85% | 0.85% | $25,000 |
| Save to Win-1 Year | 0.25% | 0.25% | $25.00 |
Loans
| Secured Loans | |
|---|---|
| Effective Date: 07/01/2020 | |
| Autos, Motorcycles, Boats, Campers, RV’s and Mobile Homes | |
| Term | Annual Percentage Rate (As Low As) |
| 24 months | 2.49% |
| 36 months | 2.74% |
| 48 months | 2.99% |
| 60 months | 3.24% |
| 72 months | 3.49% |
| 84 months | 3.74% |
| *Longer terms up to 120 months may be available on Boats and RV’s | |
| Unsecured Loans and Lines of Credit | |
|---|---|
| Effective Date: 04/01/2019 | |
| Term | Annual Percentage Rate (As Low As) |
| All Reasons, All Seasons | 6.90%* or 7.90%** |
| *Up to $3,000 for 12 months. **Up to $3,000 for 24 months. | |
| Personal Loans-Up to 60 months | 9.50% |
| Personal Line of Credit | 18.00% |
| Home Equity Loans | |
|---|---|
| Effective Date: 06/28/2021 | |
| Rate | |
| Fixed Rate Home Equity Loan | As low as 3.94% APR* |
| Home Equity Line of Credit | As low as 4.00% APR* |
| APR=Annual Percentage Rate. Homes securing loan must be borrower’s primary residence and must be located within Allegan, Kent, Mason, Montcalm, Muskegon, Newaygo, Oceana, or Ottawa counties in Michigan. Loan rates may vary based on the borrower’s credit profile as determined by Family Financial Credit Union. Rates subject to change. Rates and terms shown may not apply to every borrower. Other rates and terms available. The Home Equity Line of Credit is a variable rate product and may change. The maximum APR that can apply is 18.00%. | |
For current mortgage rates, call Member First Mortgage toll free at 866.898.1818
or visit them online at www.memberfirstmortgage.com.
