Savings Rates

Truth in Savings Rate Schedule Addendum

Rates are current as of April 15, 2024

  • Average Daily Balance Dividend Rate APY (Annual Percentage Yield)
    $25.00 – $999.99
    $1,000.00 – $9,999.99
    $10,000.00 & Above
  • Average Daily Balance Dividend Rate APY (Annual Percentage Yield)
    $999.99 & Below
    $1,000.00 – $19,999.99
    $20,000.00 – $99,999.99
    100,000.00 & Above
  • Minimum Deposit Dividend Rate APY (Annual Percentage Yield)
    $50.00

  • Minimum Deposit $1,000*

    Term Dividend Rate APY (Annual Percentage Yield)
    6 Month (BUMP)
    9 Month (BUMP)
    1 Year (BUMP)
    13 Month
    2 Year (BUMP)
    3 Year
    4 Year
    Certificate terms of 6 months, 9 month, 1 year, and 2 year are eligible for a one time rate bump.
    Dividends are earned daily and paid monthly. Additional deposits not allowed.
    Certificates (excluding IRA & Promotional Certificates) are automatically renewable for your selected term if applicable.
    Penalties will apply to only the portion of funds withdrawn: 60 days in loss of dividends for certificates with a term of 1 year or less and 180 days in loss of dividends for terms longer than 1 year.
    *Minimum balance must remain in the account at all times.
    APY= Annual Percentage Yield
    Your savings are federally insured to $250,000 by the National Credit Union Administration.
  • Term Dividend Rate APY
    1 Year (BUMP)

Disclosure Information:

OURCU Fee Schedule

Truth in Savings - Checking

Truth-In-Savings - Certificates

APY= Annual Percentage Yield. Fees may reduce earnings.

Minimum balance to open a share savings account is $25.00. Minimum balance on a savings account to earn the APY is $1,000.

Minimum balance to open a checking account is $0. Minimum balance to earn the APY is $1,000. Elevation Checking has a $7 monthly fee. Summit Checking has a $8 monthly fee that is waived if you maintain a $2,000 minimum daily balance.

Minimum balance to open an IRA and earn APY is $50.00. Minimum balance must remain in the account at all times.

Certificates of Deposit: Minimum balance to open account and minimum balance to earn the APY is $1,000. Minimum balance must remain in the account at all times.

Minimum balance to open a Launch Savings Certificate and earn APY is $500.00. Minimum balance must remain in the account at all times. Available for ages 0-17 years.

Certificate terms of 6 months, 9 months, 1 year, and 2 year are eligible for a one time rate bump.

Dividends are earned daily and paid monthly. Additional deposits not allowed.

Certificates (excluding IRA & Promotional Certificates) are automatically renewable for your selected term if applicable.

Penalties will apply to only the portion of funds withdrawn: 60 days in loss of dividends for certificates with a term of 1 year or less and 180 days in loss of dividends for terms longer than 1 year.

Your savings and IRA funds are federally insured up to $250,000 by the NCUA. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

Loan Rates

Rates are current as of April 15, 2024

  • Loan Type Terms Annual Percentage Rate (APR)
    Signature / Personal Loan 60 Month Maximum – *

    **APR = Annual Percentage Rate. Rates are based on credit and subject to change. Loan term is dependent on credit and loan amount, loan amounts. Example: A $5,000 loan, at a 2 year term, with a rate of 9.50% is roughly $230 per month. Conditions apply. Subject to approval. Ask for details.
  • Loan Type Terms Fixed APR*
    New or Used Auto up to 84 Months -
    Interest Rate Increases:
    Extended terms: Auto rate may increase by .50% – 2.50% if the term of the loan is greater than 60 months based on credit score. Mileage: Auto Loan rate will increase by 2.50% – 4.50% for high mileage (greater than 100,000) based on credit score. Example: A $15,000 loan, at a 5 year term, with a rate of 6.94% is $297 per month. Rate, down payment, and maximum term are dependent on credit.
  • Loan Type Terms Fixed APR*
    New or Used RV up to 120 Months –
    Maximum Loan Amount: $100,000
    Your rate will increase by 1.00% if the RV falls in the model year range of 2008-2015. No RVs older than model year 2008. Example: A $25,000 loan, at a 10 year term, with a rate of 6.49% is $284 per month. Rate, down payment, and maximum term are dependent on credit.
    Certain credit score and term requirements apply. Call for details.
  • Loan Type Terms Fixed APR
    New or Used Boat up to 120 Months based on Credit Score
    No boats over 30′ feet. No boats that must be moored    		 – *

    Example: A $25,000 loan, at a 10 year term, with a rate of 6.49% is $284 per month. Rate, down payment, and maximum term are dependent on credit.
    Certain credit score and term requirements apply. Call for details.
  • Loan Type Terms Fixed APR
    New or Used up to 84 Months based on Credit Score – *
    APR = Annual Percentage Rate. Rates are based on credit and subject to change. Example: A $15,000 loan, at a 6 year term, with a rate of 6.74% is $254 per month. Rate, down payment, and maximum term are dependent on credit. Conditions apply. Subject to approval. Ask for details.
  • Loan Type Terms Fixed APR
    New or Used up to 84 Months based on Credit Score – *
    *Rates are subject to change. Rates and terms may vary depending on the individual, contact a loan specialist today for more information. Example: A $15,000 loan, at a 7 year term, with a rate of 6.74% is $225 per month. Rate, down payment, and maximum term are dependent on credit.
  • Term Loan to Value (LTV) Fixed APR*
    15 Years 75% LTV
    *Annual Percentage Rate. 180 month maximum term. Financing up to 75% of the property’s value. A minimum down payment of 25% of the purchase price is required on purchase transaction, for example; loan amount $100,000, down payment of 25% (25,000), 1% origination fee ($750), Appraisal fee ($500-$700) , title insurance, Escrow closing fee – if required, cost varies depending on loan amounts. No balloon or prepayment penalties. After the loan has been fully paid, a re-conveyance fee will be charged by Trustee Services Inc. to remove the Deed of Trust.
  • First Mortgage Position
    Term Loan to Value (LTV) Annual Percentage Rate (APR)
    15 Years 80% LTV
    Second Mortgage Position
    Term Loan to Value (LTV) Annual Percentage Rate (APR)
    15 Years 80% LTV
    12 year draw period-15 year pay back.
    Maximum loan amount $100,000 on maximum term of 180 Months. APR = Annual Percentage Rate. Variable Rate Home Equity Line of Credit does not include costs other than interest. Example of First Mortgage Position Payment: $100,000 borrowed on a maximum 180 month term with 4.50% APR = $764.99/month. This is an estimated payment, specific to the draw period. Terms and conditions apply and are dependent qualifications. Call for details.
    Adjustable period: Semi-Annual***
  • First Mortgage Position
    Term Loan to Value (LTV) Annual Percentage Rate (APR)
    10 Years 100% LTV
    Second Mortgage Position
    Term Loan to Value (LTV) Annual Percentage Rate (APR)*
    10 Years 80% LTV
    APR = Annual Percentage Rate. 5 year draw period-10 year pay back.
    Maximum loan amount $200,000-First Mortgage/$150,000-Second Mortgage – maximum term of 120 Months. Fixed Rate Home Equity Line of Credit does not include costs other than interest. Example of First Mortgage Position Payment: $100,000 borrowed on a maximum 120 month term with 4.75% fixed APR = $1048.48/month if to limit. This is an estimated payment, specific to the draw period. Payment is based on principle balance. Terms and conditions apply and are dependent qualifications. Other restrictions apply. Subject to approval and must be a member in good standing. Programs, rates, terms and conditions are subject to change without notice. Call for details
  • Interest Rates and Interest Charges
    APR for Purchases Platinum 11.50% Classic 12.50% when you open your account Non-Variable Rate
    APR for Balance Transfers Platinum 11.50% Classic 12.50% when you open your account Non-Variable Rate
    APR for Cash Advances Platinum 11.50% Classic 12.50% when you open your account Non-Variable Rate
    Method for Computing
    the Balance for Purchases    		 Average daily balance method, including new purchase:
    The balance is the sum of the outstanding balance for every day
    in the billing cycle (including new purchases and deducting payments and credits)
    divided by the number of days in the billing cycle.
    Minimum Balance Subject to Interest Charge $0.50
    How to Avoid Paying Interest on Purchases Your due date is at least 25 days after the close of each billing cycle.
    We will not charge you any interest on purchases if you pay your entire balance by the due date each month.
    Valid on Platinum Visa
    For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card,
    visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard

Disclosure Information:

Home Equity Lines of Credits (HELOC) require a one time document preparation fee of $800.

Rates offered on auto, boat, motorcycles, ATVs, personal water crafts, snowmobiles, personal loans are fixed and based on the individual’s credit scores.

Term is based on the loan amount and credit score.

Interest rate increases: extended terms: auto rate may increase by .50% - 2.50% if the term of the loan is greater than 60 months based on credit score. Mileage: auto loan loan rate will increase by 2.50%-4.5% for high mileage (greater than 100,000) based on credit score. 1.00% will be added to rate for RVs model year 2008 - 2015.  Call for details.

Certain credit score and term requirements apply. Federally Insured by the NCUA.