St. Joseph Mercy Hospital Pontiac Federal Credit Union

 

Loan APR* Rates as Low As

Effective 01-31-13 (Rates change without notification. Call us for the latest updates)

Loan Type
Term
APR* as Low As
Minimum
       
New Cars 2012-2013 New Cars 1 to 60 Months  2.49  
  New Cars 66 to 84 Months 2.99 $20,000
       
Used Cars 2006 - 2012 Used Cars 12 to 60 Months 2.75  
  Used Cars 61 to 72 Months 3.75 $20,000
       
Used Cars 2005 and Older
1 to 24 Months 3.99  
       
Signature   9.40  
       
Motorcycles and
Recreational Vehicles

1.50% higher rate than cars.
Same minimums if any, apply.

Rates determined by member's creditworthiness. New money only.
*APR = Annual Percentage Rate, or the interest rate charged on the amount borrowed   
** Members that have a "Grand Slam" Club checking account receive a 0.50% loan discount. Discounts are already included in these stated rates.

 

Dividend Rates

Effective 09/12/2013 (Rates change without notification. Call us for the latest updates)

  Annual
Percentage Rate
Annual
Percentage Yield
Savings .05% .05%
Vacation Club .05% .05%
Christmas Club .05% .05%
Drafts (checking) .01% .01%
Grand Slam Drafts (checking) .51% .51%
IRA's .25% .25%

 

Share  Certificates  

Annual Percentage Rate under 10K Annual Percentage Rate over 10K Annual Percentage Rate over 100K
6 Months .20 (0.20 APY) .20 (0.20 APY) .20 (0.20 APY)
1 Year .30 (0.30 APY) .30 (0.30 APY) .30 (0.30 APY)
2 Years .50 (0.50 APY) .50 (0.50 APY) .50 (0.50 APY)
3 Years .70 (0.70 APY) .70 (0.70 APY) .70 (0.70 APY)
4 Years .90 (0.90 APY) .90 (0.90 APY) .90 (0.90 APY)
5 Years 1.25 (1.26 APY) 1.25 (1.26 APY) 1.25 (1.26 APY)

Annual Percentage Yield (APY) is the total amount of dividends paid on an account, based on the dividend rate and the frequency of compounding, if any, for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. 

Early withdrawal of a fixed-term certificate will result in a fee that will reduce your earnings.