Our Rates and Fees
Loans
Vehicle Loans
Vehicle Age Loan Term
New to 1 year old up to 72 months
2 to 5 years old up to 60 months
6 to 10 years old up to 48 months
Over 10 years old up to 36 months
Interest Rates
24 months as low as 2.50%
36 months as low as 2.50%
48 months as low as 2.75%
60 months as low as 3.00%
72 months as low as 3.50%
Signature Loans
24 months as low as 7.75%
36 months as low as 8.75%
48 months as low as 9.75%
Recreational Vehicles (camper trailers, motor homes)
New to 5 years old up to 120 months
6-10 years old up to 84 months
Over 10 years old up to 60 months
Interest Rates
24 months as low as 2.50%
36 months as low as 3.00%
48 months as low as 3.50%
60 months as low as 4.00%
72 months as low as 4.50%
84 months as low as 5.25%
120 months as low as 6.25%
Boats
New to 1 year old up to 84 months
2-8 years old up to 72 months
9-10 years old up to 60 months
Over 10 years old up to 48 months
24 months as low as 2.50% up to 84 months as low as 5.25%
ATV’s, Motorcycles, Water craft, Snowmobiles
New to 1 year old up to 60 months
2-5 years old up to 48 months
Over 5 years old up to 36 months
24 months as low as 3.00% up to 60 months as low as 4.50%
Fees
Fee Schedule for ATM/Check Card
| Monthly Fee | None |
| ATM card usage fee – first 3 foreign transactions free per month, thereafter |
$3.00 |
| Off line maximum daily cash withdrawn | $200.00 |
| Card replacement | $15.00 |
| Merchant ticket copy | $15.00 |
| Overdraft transfer from shares | $5.00 |
| Overdraft transfer from loan | $5.00 |
| PIN replacement number | $15.00 |
| Merchant Transaction fee | None |
Fee Schedule for ATM Cards
| Monthly Fee | None |
| ATM card usage fee – first 3 foreign transactions free per month, thereafter |
$1.00 |
| Card replacement | $15.00 |
| Cash withdrawal maximum per day | $500.00 |
| Off line maximum daily cash withdrawn | $50.00 |
| PIN replacement number | $15.00 |
Other Fees:
| Address Corrections – Returned Statement | $5.00 |
| Counter Checks | 8 free on opening account |
| Check Orders | Fee depends on style ordered |
| Credit Union Check | $3.00 |
| Money Order | $3.00 |
| Wire Transfer | Incoming for members- no charge |
| Outgoing domestic- $25.00 | |
| Outgoing international -$50.00 | |
| Telephone Transfer | No Charge |
| Transfers – (Reg. D.) More than six unauthorized transfers per month |
$25.00 |
| NSF Draft Returned or Paid… | $30.00 |
| Overdraft Protection | $5.00 per access |
| Deposited Checks Returned Unpaid | $10.00 |
| Collections | $5.00 |
| Stop Payment Order or Renewal | $10.00/member’s check |
| Account Activity Printout | $2.00 |
| Statement | Interim $1.00 |
| Reconcile Statement | No Charge First Time |
| For each statement needed to reconcile | $2.00 |
| Account Research/ Balancing Assistance | $30.00 / hr $30.00 minimum |
| Copy of Share Draft | $5.00 |
| Photocopies | $.10 per copy |
| Escheat Processing | |
| Applied when turned over to state | $50.00 |
| Garnishment, Levy, or Execution | $50.00 |
| Home Banking | No Charge |
| Bill Pay | No Charge |
| Notary Service | No Charge |
| Night Deposit | No Charge |
| A Monthly Fee Will be Assessed on Accounts Clearing the Following Number of Share Drafts: |
75-150 $2.00 151-225 $4.00 Over 225 $6.00 |
| Primary Share Account Closed Within 90 Days of Opening | $15.00 |
Safe Deposit Boxes
| Small (3 by 5) | $20 / yr |
| Medium (3 by 10) | $30 / yr |
| Large (5 by 10) | $40 / yr |
Primary Share
| Rate Name | Term |
Rate*
|
APY**
|
|
0.100%
|
0.10%
|
||
* APR = Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly). ** APY = Annual Percentage Yield. APY is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years. ** Rates subject to change without notice. Some restrictions apply, please contact Richalnd Federal Credit Union.
IRA's
| Rate Name | Term |
Rate*
|
APY**
|
| IRA Education |
.750%
|
.75%
|
|
| IRA Roth |
.750%
|
.75%
|
|
| ROTH IRA Conversion Share |
.750%
|
.75%
|
|
| IRA |
.750%
|
.75%
|
IRA Rates are subject to change quarterly
* APR = Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly).
** APY = Annual Percentage Yield. APY is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years. ** Rates subject to change without notice. Some restrictions apply, please contact Richalnd Federal Credit Union.
Share Certificates
| Rate Name | Term |
Rate*
|
APY**
|
| Share Certificate | 18 Month |
.600%
|
.60%
|
| Minimum $500.00 – Period of Investment 545 D to 548 D | |||
| Share Certificate | 1 Year |
0.400%
|
0.40%
|
| Minimum $2,000.00 – Period of Investment 365 D to 365 D | |||
| Share Certificate | 6 Month |
0.300%
|
0.30%
|
| Minimum $10,000.00 – Period of Investment 180 D to 184 D | |||
| Share Certificate | 3 Month |
0.200%
|
0.20%
|
| Minimum $7,500.00 – Period of Investment 90 D to 92 D | |||
* APR = Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly).
** APY = Annual Percentage Yield. APY is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years. ** Rates subject to change without notice. Some restrictions apply, please contact Richalnd Federal Credit Union.
Get in touch with us
If you’d like to know more, please get in touch with one of our team members. Take a moment to fill out this form in order for us to promptly meet your needs.