Rates as of April 1, 2021
Dividend Rates
|
Account Name |
Min. Balance to Earn Dividends |
Dividend Rate |
APY 1 |
|
Main Share |
$5.00 (Minimum to open = $5) |
0.10% |
0.10% |
|
Club Accounts |
$25.00 (Minimum to open = $0) |
0.10% |
0.10% |
|
NOW Accounts Checking Tier |
$25.00 (Minimum to open = $0) |
0.05% |
0.05% |
|
IRA & Roth IRA Savings |
$25.00 |
0.20% |
0.20% |
|
WINcentive Savings |
$5.00 |
0.10% |
0.10% |
|
Money Market Tier I 2 |
$1,000.00 |
0.15% |
0.15% |
|
Money Market Tier II 2 |
$20,000.00 |
0.30% |
0.30% |
|
Money Market Tier III 2 |
$50,000.00 |
0.50% |
0.50% |
Certificate Rates*
|
Account Name |
Min. Balance to Earn Dividends** |
Dividend Rate |
APY 1 |
|
3 Months |
$500.00 |
.15% |
.15% |
|
6 Months |
$500.00 |
.35% |
.35% |
|
8 Months |
$500.00 |
.40% |
.40% |
|
9 Month Special-Limited Time+ |
$500.00 |
.88% |
.88% |
|
12 Months 3 |
$500.00 |
.60% |
.60% |
|
18 Months 3 |
$500.00 |
.65% |
.65% |
|
24 Months 3 |
$500.00 |
.75% |
.75% |
|
30 Months 3 |
$500.00 |
.80% |
.80% |
|
36 Months 3 |
$500.00 |
.95% |
.95% |
|
48 Months 3 |
$500.00 |
1.00% |
1.00% |
|
60 Months 3 |
$500.00 |
1.04% |
1.05% |
|
Jumbo |
|
Jumbo/3 Months |
$50,000.00 |
.25% |
.25% |
|
Jumbo/6 Months |
$50,000.00 |
.45% |
.45% |
|
Jumbo/8 Months |
$50,000.00 |
.50% |
.50% |
|
Jumbo/12 Months 3 |
$50,000.00 |
.70% |
.70% |
|
Jumbo/18 Months 3 |
$50,000.00 |
.75% |
.75% |
|
Jumbo/24 Months 3 |
$50,000.00 |
.85% |
.85% |
|
Jumbo/30 Months 3 |
$50,000.00 |
.90% |
.90% |
|
Jumbo/36 Months 3 |
$50,000.00 |
1.04% |
1.05% |
|
Jumbo/48 Months 3 |
$50,000.00 |
1.09% |
1.10% |
|
Jumbo/60 Months 3 |
$50,000.00 |
1.14% |
1.15% |
Certificate Special available for a limited time. Rates are subject to change without notice. 9-month Certificate Special rate remains fixed at 0.88% APY for the term of the certificate. Minimum deposit to open and earn dividends equals $500.00, maximum deposit $100,000 per tax ID. Only new deposits to City of Boston Credit Union. Dividends will be credited to your account and compounded every month. Fees or other conditions could reduce the earnings on the account. All other certificate terms and conditions will apply. Fees could reduce earnings. Subject to penalty for early withdrawal. Must be a member of City of Boston Credit Union to open certificate account. Offer may be withdrawn at any time.
Rates subject to change without notice. All rates and terms are available for Savings and IRA Certificates.
New** and Used (Maximum borrowed $100,000)
|
Model Years 2019-2021 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
|
Up to 48 Months |
As low as 1.88% up to 5.09% |
$21.64/$23.07 |
|
|
49 – 72 Months |
As low as 1.88% up to 5.34% |
$14.70/$16.26 |
|
|
73 – 84 Months |
As low as 2.60% up to 5.59% |
$13.03/$14.41 |
Used (Maximum borrowed $100,000)
|
Model Years 2016-2018 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
|
Up to 36 Months |
As low as 2.39% up to 5.59% |
$28.81/$30.24 |
|
|
37 – 60 Months |
As low as 2.59% up to 5.84% |
$17.79/$19.26 |
|
|
61-72 Months |
As low as 2.84% up to 6.09% |
$15.12/$16.62 |
Used (Maximum borrowed $75,000)
|
Model Year 2015 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
|
Up to 36 Months |
As low as 2.59% up to 5.79% |
$28.90/$30.33 |
|
|
37 – 48 Months |
As low as 2.79% up to 6.04% |
$22.04/$23.50 |
Used (Maximum borrowed $50,000)
|
Model Year 2014 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
|
Up to 36 Months |
As low as 3.19% up to 6.49% |
$29.17/$30.60 |
|
|
37 – 48 Months |
As low as 3.39% up to 6.64% |
$22.31/$23.78 |
Used (Maximum borrowed $50,000)
|
Model Year 2013 |
Term |
APR* |
Monthly Cost Per
$1,000 Borrowed |
|
|
Up to 36 Months |
As low as 3.74% up to 6.94% |
$29.41/$30.85 |
|
|
37 – 48 Months |
As low as 3.94% up to 7.09% |
$22.55/$23.99 |
Mortgage Rates* - No Points!
-
Payments shown do not include taxes or insurance. Your payment may be greater
-
NMLS #403469
Rates as of April 7, 2021
10 Year Fixed Rate
|
A.P.R.** |
2.500% |
|
Monthly cost per
$1,000 Borrowed
|
$9.43 per $1,000 for 120 months |
15 Year Fixed Rate
|
A.P.R.** |
2.625% |
Monthly cost per
$1,000 Borrowed |
$6.73 per $1,000 for 180 months |
20 Year Fixed Rate
|
A.P.R.** |
3.000% |
Monthly cost per
$1,000 Borrowed |
$5.55 per $1,000 for 240 months |
30 Year Fixed Rate
|
A.P.R.** |
3.250% |
Monthly cost per
$1,000 Borrowed |
$4.35 per $1,000 for 360 months |
First Time Home Buyer Program
|
Term |
360 Months |
|
A.P.R.** |
3.125% |
Monthly cost per
$1,000 Borrowed |
$4.28 per $1,000 for 360 months |
5/25 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]***
|
Term |
360 Months |
|
A.P.R.** |
2.750% |
Monthly cost per
$1,000 Borrowed |
60 months at $4.08 per $1,000
and 300 months at $3.75 per $1,000 |
7/23 Year ARM (Adjustable Rate) {2 step fixed rate} [cap:4%]***
|
Term |
360 Months |
|
A.P.R.** |
3.000% |
Monthly cost per
$1,000 Borrowed |
84 months at $4.22 per $1,000
and 276 months at $3.90 per $1,000 |
* These rates reflect the best rates available for the indicated terms and are subject to change at any time. Rates are determined by creditworthiness, loan to value (LTV) ratio, purpose of loan, occupancy status, and property type, so your rate may be higher.
** A.P.R. = Annual Percentage Rate
All loans are subject to credit approval. A.P.Rs are subject to change at anytime without prior notice.
Equity Loans & Lines of Credit
-
NMLS #403469
-
Max. amount $250,000.00^
Rates as of April 1, 2021
5 Years Fixed Rate
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
4.000% |
Monthly cost per
$1,000 Borrowed |
$18.42 per $1,000 for 60 months |
10 Year Fixed Rate
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
4.250% |
Monthly cost per
$1,000 Borrowed |
$10.24 per $1,000 for 120 months |
15 Year Fixed Rate
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
5.000% |
Monthly cost per
$1,000 Borrowed |
$7.92 per $1,000 for 180 months |
20 Year Fixed Rate
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
5.750% |
Monthly cost per
$1,000 Borrowed |
$7.02 per $1,000 for 240 months |
Line of Credit Adjustable @ Prime (4.5% minimum APR)^^
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
4.500% |
Monthly cost per
$1,000 Borrowed |
This payment would be dependent upon the term of the loan. |
Line of Credit Adjustable - Limited Time Offer - Fixed for 24-Months+
|
Max. Loan Amount |
$250,000 |
|
A.P.R.* |
2.500% First 24-Months (Prime rate + 1.00% thereafter) |
Monthly cost per
$1,000 Borrowed |
This payment would be dependent upon the term of the loan. |
Initial discounted rate is 2.50% APR for the first 24 months, then Prime rate + 1.00% per month thereafter; current prime rate is 3.25% APR as of 3/16/20. Prime rate is published in the Wall Street Journal and adjusts monthly. Minimum/Floor APR after the initial discount is Prime rate at the time of funding. Maximum APR is 18%. New Home Equity Lines of Credit to City of Boston Credit Union only. Loan to value (LTV) not to exceed 80%. Maximum loan amount not to exceed $250,000. Available for 1-4 family primary residences. Property and flood insurance may be required. Early termination fee applies if closed within the first 36 months. Other restrictions may apply. All loan programs, rates, terms and conditions are subject to change. Interest may be tax deductible (consult your tax advisor). Must be eligible for City of Boston Credit Union membership to apply. Subject to Credit and Underwriting approval.
All loans are subject to credit approval. A.P.Rs are subject to change at anytime without prior notice.
Rates as of April 1, 2021
Consumer/Other Loan Rates
|
Products |
Credit
Score |
Max. Term
|
Max.Loan
Amount |
A.P.R.* |
Monthly cost per $1,000 Borrowed |
|
RV Loans (Trailers, Campers & Boats)# |
|
|
|
|
|
|
RV - New or Used |
760+ |
60 months |
$100,000 |
5.25% |
18.99 |
|
|
760+ |
120 months |
$100,000 |
5.75% |
10.98 |
|
Personal Loans++ |
760+ |
96 months |
$30,000 |
6.99% |
13.63 |
|
|
720-759 |
96 months |
$30,000 |
9.99% |
15.17 |
|
|
660-719 |
96 months |
$30,000 |
12.99% |
16.80 |
|
|
600-659 |
96 months |
$30,000 |
14.99% |
17.94 |
|
|
599 & Below |
96 months |
$30,000 |
16.99% |
19.12 |
|
Tuition /Private Education Loan |
760+ |
96 months |
$25,000 |
7.50% |
13.88 |
|
|
720-759 |
96 months |
$25,000 |
8.00% |
14.14 |
|
|
660-719 |
96 months |
$25,000 |
8.50% |
14.39 |
|
|
600-659 |
96 months |
$25,000 |
9.00% |
14.65 |
|
|
599 & Below |
96 months |
$25,000 |
10.99% |
15.70 |
|
Secured Loans - Secured by Main Share Account |
|
|
|
3.25% |
A |
|
Home Improvement Loans+++ |
760+ |
180 months |
$50,000 |
5.99% |
8.43 |
|
|
720-759 |
180 months |
$50,000 |
6.99% |
8.98 |
|
|
660-719 |
180 months |
$35,000 |
8.99% |
10.14 |
|
|
600-659 |
180 months |
$15,000 |
10.99% |
11.36 |
|
|
599 & Below |
180 months |
$5,000 |
12.99% |
12.65 |
|
Energy Loans |
|
12 months |
$5,000 |
8.99% |
87.45 |
|
Vacation Loan |
|
12 months |
$5,000 |
8.99% |
87.45 |
|
Back to School Loan |
|
12 months |
$5,000 |
8.99% |
87.45 |
|
Holiday |
|
12 months |
$5,000 |
8.99% |
87.45 |
|
Uniform and Equipment Loan** |
|
12 months |
$5,000 |
3.99% |
85.15 |
|
Mass Save® HEAT Loan*** |
|
84 months |
$25,000 |
0.00% |
11.91 |
VISA Credit Card Rates
|
Card Type |
Max. Term |
A.P.R.* |
Monthly cost per $1,000 Borrowed |
Visa® Signature Credit Card++++
(max. loan amount $20,000) |
Open End |
3.990% |
varies |
Visa® Platinum Credit Card++++
(max. loan amount $20,000) |
Open End |
3.990% |
varies |
Uniform and Equipment Loan is for the purpose of purchases related to member occupation required uniform and equipment needs. Checks will be made payable to supplier or the member for reimbursement of a qualified purchase made within past 30 days.
*** Members must meet program eligibility requirements to participate. Eligibility for the HEAT Loan is based on findings from the Home Energy Assessment and require pre-approval. Some restrictions apply and offers are subject to change or cancellation. Owner occupied properties only. Additional terms and conditions apply. Visit www.MassSave/HEATLoan or call 1-866-527-SAVE (7283) for details and to learn more about the program.