APY = Annual Percentage Yield. Fees may reduce earnings.
Share Rates effective as of March 20, 2020.
Term Share Certificate Rates effective as of January 19, 2021.
Consumer Loan Rates effective as of January 19, 2021.
Checking
| Product | Dividend Rate | APY |
|---|---|---|
| Golden Power Checking | 0.10% | 0.10% |
| Business Checking | 0.10% | 0.10% |
Michigan Made Checking
|
Reward Tier |
Balances up to $10,000 |
Balances of $10,000 - $20,000 |
Balances of $20,000 - $999,999,999 |
ATM Fee Refunds |
|---|---|---|---|---|
|
Erie (0 – 1 Points) |
0.00%APY |
0.00%APY |
0.00%APY |
|
|
Ontario (2 – 3 Points) |
0.25%APY |
0.15%APY |
0.05%APY |
|
|
Huron (4 – 5 Points) |
0.50%APY |
0.25%APY |
0.10%APY |
|
|
Michigan (6 – 10 Points) |
2.00%APY |
1.00%APY |
0.35%APY |
Up to $10 |
|
Superior (11+ Points) |
2.25%APY |
1.75%APY |
0.50%APY |
Up to $10 |
Savings
| Product | Dividend Rate | APY |
|---|---|---|
| Business Savings | 0.10% | 0.10% |
| Regular Shares, Shares Pledged and TRUE Money Tree | 0.10% | 0.10% |
| Non-Interest Shares | 0.00% | 0.00% |
| Club Accounts | 0.35% | 0.35% |
Share Certificates See Details
| Term | Dividend Rate | APY |
|---|---|---|
| 3 Months | 0.150% | 0.150% |
| 6 Months | 0.200% | 0.190% |
| 12 Months | 0.250% | 0.250% |
| 18 Months | 0.300% | 0.300% |
| 24 Months | 0.350% | 0.350% |
| 30 Months | 0.400% | 0.400% |
| 36 Months | 0.500% | 0.500% |
| 48 Months | 0.600% | 0.600% |
| 60 Months | 0.800% | 0.800% |
Benefits Plus members earn 0.10% APY more on Share Certificates!
Ask how you can become a Benefits Plus Member Today! Early withdrawal penalties may apply to some term share accounts.
All Term Share Certificates have a minimum deposit of $500, the rates and terms above are based on this minimum deposit amount. Contact a Member Service Representative for exact APYs for a specific amount and term.
Fees could reduce the earnings of the account.
Individual Retirement Accounts (IRAs) See Details
| Type | Dividend Rate | APY |
|---|---|---|
| Traditional | 0.25% | 0.25% |
| Roth | 0.25% | 0.25% |
| IRA | 0.25% | 0.25% |
Super Cash Money Market See Details
| Balance | Dividend Rate | APY |
|---|---|---|
| 0 - $5,000 | 0.00% | 0.00% |
| $5,000.01 - $20,000 | 0.15% | 0.15% |
| $20,000.01 - $50,000 | 0.20% | 0.20% |
| $50,000.01+ | 0.25% | 0.25% |
Loans & Credit
| Product | Term up to | Rate (APR**) As Low As |
|---|---|---|
| Auto Loans (New) | 60 Months | 1.38% |
| Auto Loans (New) | 61-72 Months | 1.38% |
| Auto Loans (Used) | 60 Months | 1.38% |
| Auto Loans (Used) | 61-72 Months | 1.38% |
| Boat Loans | 72 Months | 3.49% |
| Boat Loans (> $20,000) | 73 - 144 Months | 4.49% |
| Boat Loans (> $40,000) | 145 - 180 Months | 4.99% |
| RV Loans | 72 Months | 3.99% |
| RV Loans (> $20,000) | 73 - 144 Months | 4.99% |
| RV Loans (> $40,000) | 145 - 180 Months | 5.49% |
| Motorsports | 72 Months | 5.25% |
| Other Collateral | 72 Months | 5.75% |
| Unsecured Loans1 | ||
| Signature Loan | 60 Months | 9.00% |
| Home Improvement Loan | 120 Months | 8.00% |
| Visa Cards & Line of Credit2 | ||
| Visa Cash In | Fixed Rate (Risk Based Pricing Applies) | 9.50% |
| Visa To Go | Adjusts Annually (Prime + 3.00%) | 6.25% |
| Visa Business | Adjusts Annually (Prime + 4.00%) | 9.25% |
| Line of Credit | Fixed Rate (NO Annual Fee) | 12.00% |
*All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Home Equity Loans / HELOC
| Product | Margin | Rate (APR**) As Low As |
|---|---|---|
| Home Equity Line of Credit | +0.75% | 4.00% |
| Fixed Rate Home Equity Loan (Terms up to 180 Months) | 4.75% |
**APR = Annual Percentage Rate.
Maximum Unsecured Loan $15,000. Unsecured loans include: Vacation, Home Improvement, Debt Consolidation, Tax Refund loans and other fixed rate unsecured loans. Home Improvement loans require estimates and checks written directly to contractor or supplier.
If an appraisal is needed the member cost is up to $450 and must be collected in advance. All home equity loans over $100,000 require an appraisal.
All rates based on credit experience and are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union. Term listed is the maximum term available.
HELOC rates adjust monthly based on prime rate plus the margin listed above; they have a 2% annual cap and a 4% floor rate for decreases in the adjusted rate. The index is the PRIME RATE as published in the WALL STREET JOURNAL, under Money Rates.
Fees could reduce the earnings of the account.
Mortgage Loans
NOTICE
We are currently experiencing higher than usual volumes of loan applications and phone calls and we are working diligently to get to everyone in a timely manner. We are just as excited to work through your application with you, however, it is taking a little longer than usual due to the higher application volumes. We thank you for your patience and appreciate your understanding!
| Product | Rate | Rate (APR**) As Low As |
|---|---|---|
| Conventional Sold Loans | ||
| 30 Year Fixed |
3.250% |
3.353% |
| 15 Year Fixed | 2.750% | 2.935% |
| Conventional Portfolio Loans | ||
| 30 Year Fixed | 3.250% | 3.353% |
| 20 Year Fixed | 3.000% | 3.144% |
| 15 Year Fixed | 2.750% | 2.935% |
| 10 Year Fixed | 2.500% | 2.767% |
| Construction Loans | ||
| 30 Year | 3.500% | 3.833% |
| 20 Year | 3.250% | 3.711% |
| 15 Year | 3.000% | 3.590% |
| 10 Year | 2.750% | 3.595% |
| Vacant Land Loans | ||
| 5 Year Balloon / 30 Year Amortization | 5.750% | 5.985% |
**APR = Annual Percentage Rate
All rates based on credit experience and are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union. Term listed is the maximum term available.
*Rates and APRs may vary depending on loan details, such as loan amount, loan-to-value, your credit, property type, purpose (purchase or refinance with cash-out vs. cash-out), occupancy (owner occupied or second home) and points paid. Rates are subject to change without notice. You will need to speak to one of our loan officers to obtain a specific quote or to lock a rate.