|
|
|
What's New
Today's Loan Rates as low as...
Rates subject to change w/o notice
1st Mortgage Online Apps
View Rates, Products & Apply Online!
Home Equities Available
Great Rates, Great Terms!
Invest In America
Receive cash back on purchases and discounts from 1,200 retailers!
Click Here for our Qrtrly Newsletter!
Click Here for our Annual Report!
Click Here for Online Forms!
|
|
|
|
|
|
|
|
Calendar of Events
Holidays:
President's Day
Mon., Feb. 20th, 2012
Memorial Day
Mon., May 28th, 2012
Branch Hours:
STONEHAM
Mon, Tue, & Fri 9:00-4:30
Wed
9:00-3:00
Thu
9:00-6:00
Sat
9:00-12:00
WILMINGTON
Mon, Tue, & Fri 8:30-11:30
12:00-3:30
Wed
8:30-11:30
12:00-2:00
Thu
8:30-11:30
12:00-5:00
|
|
|
|
|
|
|
|
|
|
| Account Type |
Annual Percentage Rate |
Annual Percentage Yield |
Min.
Balance Required |
The National Credit Union Administration (NCUA) insures accounts up to
$250,000 and is backed by the full faith and credit of the U.S. Government; IRA
accounts are insured separately by NCUA for an additional $250,000.
| Regular Shares2-savings |
0.15% |
0.15% |
$5.00 |
| Organizational Shares2 |
0.15% |
0.15% |
$5.00 |
| Club Accounts2-holiday/vacation |
0.15% |
0.15% |
$0 |
| Share Drafts2-checking |
0.10% |
0.10% |
$0 |
| All Purpose Shares2 |
0.15% |
0.15% |
$0 |
| IRA Traditional Shares |
0.85% |
0.85% |
$5.00 |
| IRA Roth/Education Shares |
0.85% |
0.85% |
$5.00 |
| 6 month Certificate |
.35% |
.35% |
$1,000 |
| 12 month Certificate |
.55% |
.55% |
$1,000 |
| 18 month "Bump-up" Certificate4 |
.65% |
.66% |
$2,500 |
| 24 month Certificate |
.85% |
.85% |
$1,000 |
| 36 month Certificate |
1.15% |
1.15% |
$1,000 |
| Youth Savings Certificates5 |
Same as Above |
Same as Above |
$250 |
| 36 month IRA Certificate6 |
1.15% |
1.15% |
$10,000 |
| 60 month IRA Certificate6 |
1.80% |
1.80% |
$10,000 |
- Rates are subject to change without notice.
- Unless otherwise stated, dividends are compounded and
credited monthly on Shares with $100 or more based on the average daily
balance of the account; Share Drafts require $500 or more.
- Substantial penalties for early withdrawals may apply.
- Members are eligible for one current rate change and one
withdrawal/deposit request during the "Bump-up term.
- Members must be 18 years old or under. Terms of 6, 12,
18, 24, and 36 months are available.
- Available for Traditional IRAs only.
Consumer Loan Calculator
| Loan Type |
Number of Months |
Annual Percentage Rate |
Terms &
Conditions |
| Share Secured |
60 |
2.40% |
$500 Minimum |
| Holiday/After Holiday7 |
15 |
9.90% |
$2,000 Maximum; New money only |
| Unsecured |
60 |
13.40% |
$10,000 Maximum |
| Personal Line-of-Credit |
open-end |
13.50% |
$10,000 Maximum |
| Overdraft Protection |
open-end |
13.90% |
$1,500 Maximum |
| Personal Secured7 |
36 |
8.99% |
$5,000 Max; 50% NADA value; Years 2000-2011; Clear Auto
Title |
| New Automobile7,10 |
60 |
2.69% |
$60,000 Maximum; 100% NADA value; Years 2011-2012 |
| New Automobile7,10 |
72 |
2.89% |
$60,000 Maximum; 100% NADA value; Years 2011-2012 |
| Used Automobile7,10 |
60 |
2.89% |
$50,000 Maximum; 85% NADA value; Years 2005-2011 |
| Used Automobile7,10 |
72 |
3.14% |
$50,000 Maximum; 85% NADA value; Years 2005-2011 |
| Auto-Transfer Loan7,10 |
72 |
2.79% |
Loan Balance up to 100% NADA; Years 2005-2012 |
| Recreational Vehicle |
48 |
9.90% |
$20,000 Maximum; 65% NADA value; Years 2005-2011 |
| Home Equity
Line-of-Credit |
180 |
4.00%
(ARM)8 |
$75,000 Maximum; 10 Year draw period; No Points, No
Annual Fee, No Application Fee; Maximum Loan-to-Value = 75%; Primary
residence only;
1st $300 of closing cost paid by credit union with a $20K
initial advancement.9 |
| Fixed Rate
Home Equity Loans |
60
84
120
144 |
3.43%11
4.18%
3.63%11
4.38%
3.78%11
4.53%
3.94%11 4.69% |
$10,000 Minimum; $100,000 Maximum; "1st Lien"
HE = $125,000 Maximum; No Points, No Annual Fee, No Application Fee;
Maximum Loan-to-Value = 75%; Primary residence only;
1st $300 of closing cost paid by credit union with a $20K
minimum loan.9 |
| Fixed Rate
1st Mortgages
For loans:
* Up to $400,000
* LTV of less than 80%
|
180
180
240
360 |
3.49%7
3.89%
4.25%
4.63%
|
Purchase or Refinance; No
Points; No Application Fee; 1-4 Family,
Home Owner Occupied
(Special - new money only)
Mortgage
Pre-Qualifying
Application: |
| VISA Platinum12 |
Revolving |
11.99% |
No Annual Fee; Limit Up To $15,000; Cash Advances: 13.99% |
| VISA Platinum12
"First Time"
Credit Card Owners |
Revolving |
11.99% |
Limit Up To $300; No Annual Fee; Cash Advances: 13.99%;
Requirements: 18 years or older, full-time employment
for 90 days, no credit history (excluding student loans) |
- New money only; cannot be combined with existing SMEFCU loans;
credit Union will pay the appraisal fee (a $350 value) at the time of
the mortgage closing.
- ARM means "Adjustable Rate Mortgage"; the HELOC rate is
based on the Prime Rate as published in the Wall Street Journal; rate
changes can occur on the first day of each month; maximum rate is 18%,
minimum rate offered is 4.00%.
- Closing costs incurred by the credit union must be
reimbursed by the member if the loan pay down occurs in less than 36 months.
- Automobile rates include a .25% interest discount
for payroll, direct deposit and automatic loan payments.
- Home Equity Loan rates include a .75% interest discount
for New money only; refinanced loans with SMEFCU reflect a
higher rate by .75%.
- Refer to our VISA Credit Card Application for full
disclosures.
Back to Top
|
|
|
|
|
|
|
|
