CYCO Federal Credit Union

Rates & Fees

Savings Rates | Certificate Accounts | Loan Rates | Fees

The dividend rate and annual percentage yield may change at anytime, as determined by the credit union Board of Directors. Rates and terms are accurate as of Sunday, January 31, 2010 and are subject to change. .

Savings Accounts
	Dividend Rate	Annual Percentage Yield	Minimum Opening Balance	Minimum Balance to Earn Interest	Dividend Compounded/ Credited
Share Savings	.00% .20% .30% .40% .50%	.00% .20% .30% .40% .50%	$25.00	$200.00	Monthly
IRA Savings	.00% .20% .30% .40% .50%	.00% .20% .30% .40% .50%	$25.00	$200.00	Monthly
Christmas Club	.10%	.10%	$5.00	$200.00	Monthly
Vacation Club	.10%	.10%	$5.00	$200.00	Monthly
Share Draft	.05%	.05%	$50.00	$1000.00	Monthly


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Certificate Accounts
Regular Certificates
6 months	1.00%	1.00%	$1000.00	$1000.00	At Maturity*
6 months	1.00%	1.00%	$10000.00	$10000.00	At Maturity*
12 months	1.25%	1.26%	$1000.00	$1000.00	At Maturity*
12 months	1.45%	1.46%	$10000.00	$10000.00	At Maturity*
24 months	1.75%	1.76%	$1000.00	$1000.00	At Maturity*
24 months	2.00%	2.01%	$10000.00	$10000.00	At Maturity*
IRA Certificates
12 months	1.25%	1.26%	$1000.00	$1000.00	Quarterly
24 months	1.75%	1.76%	$1000.00	$1000.00	Quarterly


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Loan Rates					Top \| Home

Rates are subject to change at the discretion of the Board of Directors. Term listed is the maximum term available for qualified borrowers. Other conditions may apply.

Loans	Approximate Term (in months)	Annual Percentage Rate
Share Secured	48	3.00% above share rate
Certificate Secured	48	3% above certificate
Wildcard (Holiday)	24	18.00%
Personal	48	9.00% - 16.00%
New & Used Vehicles (autos, boats, campers, RVs, ATVs, motorcycles)	24	5.00% - 16.00%*
	36	5.25% - 16.25%*
	48	5.50% - 16.50%*
	60	5.75% - 16.75%*
	72	6.00% - 13.50%*
Vacation	12	12.00%


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Fees								Additional Fees \| Top \| Home

Collection Costs: You promise to pay all costs of collecting the amount you owe under this agreement including court costs and reasonable attorney fees.

Loan Application Fee: $35.00 regular loan; $50 Holiday and Vacation loans

Late Charges: If your installment payment is more than 5 days late, you will be charged a late fee of $30.

Share Secured: The Annual Percentage Rate (APR) for Share Secured Advances will be the dividend rate being paid on regular shares on the date of the advance plus 3.00%. If there is an existing balance on the date of the new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR. The APR is subject to change only at the time of a new advance. Any increase in the APR will result in an increase in the payment amount or more payments of the same amount until what you owe has been repaid.

Certificate Secured: The Annual Percentage Rate (APR) will be the dividend rate being paid on the Certificate offered as security plus 3.00%. The Certificate must be renewed until the advance is completely paid. Failure to renew will result in default. When the Certificate is renewed the APR will change to reflect the new dividend rate. If there is an existing balance on the date of the new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR. Any increase in the APR will result in an increase in the payment or more payments of the same amount until what you owe has been repaid. The APR and daily periodic rate will be disclosed on the voucher at the time of the advance.

Filing Fees: If you give a security interest in certain types of property, we may charge you a filing fee to perfect our interest in the property. If so, the amount of the fee will be disclosed to you at the time you obtain an advance.

Risk Based: The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness,loan to value (LTV) and age of collateral. Please ask us for the rate that you qualify for. Loan Rates and terms are accurate as of Monday, December 02, 2008 and are subject to change.


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