Rates

	Rates Effective as of April 1, 2009
	Share Account Rates	Minimum Balance	Dividend Rate	APY*	Term
	Savings	$100.00	.25%	.25%	n/a
	Tax Account	$250.00	.25%	.25%	n/a
	Christmas Club	$250.00	.25%	.25%	n/a
	Vacation Club	$250.00	.25%	.25%	n/a
	IRA Savings	n/a	.50%	.50%	n/a
	Loan Reserve	$250.00	.25%	.25%	n/a
	*APY=Annual Percentage Yield Rates may change after account has been opened. Fees and other conditions could reduce earning on the account.

	Share Certificate Rates	Minimum Balance	Dividend Rate	APY*	Term
	Share Certificate	$500.00	1.00%	1.004%	6
	Share Certificate	$500.00	1.00%	1.004%	9
	Share Certificate	$500.00	1.25%	1.256%	12
	Share Certificate	$500.00	1.75%	1.762%	24
	*APY=Annual Percentage Yield
	Auto loans may be as low as 3.00%. Personal loans may be as low as 8.99%. The rate you receive may be higher depending upon your credit history.
	Range	Level	Unsecured/Signature Loans Up to 60 months	Secured New Auto	Secured Used Auto
	720+	Platinum	Base-2.00	Base-.50	Base -.50
	670-719	A	Base	Base	Base
	640-669	B	Base + 1.00	Base + 1.00	Base +1.00
	600-639	C	Base + 3.00	Base + 3.00	Base + 3.00
	550-599	D	Base + 5.00	Base + 5.00	Base + 5.00
	549 or Less	E	Base + 7.00	Base + 8.00	Base + 8.00

			Interest Rates
	720+	Platinum	8.99	3.50	3.50
	670-719	A	10.99	4.00	4.00
	640-669	B	12.99	5.00	5.00
	600-639	C	14.99	7.00	7.00
	550-599	D	15.99	9.00	9.00
	549 or less	E	17.99	12.00	12.00

	Loans	Rate	Term
	Visa	9.99/14.99	n/a
	Share or Certificates Loans	3.50	n/a

*APR=Annual Percentage Rate MAFCU's lending structure is a risk-based format. Risk-based pricing is a means by which the credit union will be able to more effectively meet the credit needs of our members. It involves setting a tiered-pricing structure that assigns loan rates based upon an individual 's credit score. Members with high credit score (Empirica Score) will be rewarded with lower rates; members with less than perfect credit histories, while paying higher rates , will still be able to obtain loans that are considerably better than those offered by alternative "finance provider." The Midwest Associates Federal Credit Union remains committed to providing our members the best rates and terms available. The maximum annual percentage rate than can apply is 18%.

[ Home | Home Banking | Rates | Products | Services | Online Services | About Us | Contact Us ]

Privacy Policy
Notices, Terms, and Conditions

Design & Hosting by Harland Financial Solutions, Inc.
Browser Requirements
Copyright � Harland Financial Solutions, Inc. All Rights Reserved.
Equal Housing