Wave Federal Community Credit Union

Rates

Rates Effective as of June 12, 2017
Rates subject to change without notice. Call 781-1020 for the latest update.

Savings Rates

Savings Rates
 MinimumAnnual
Rate
Annual %
Yield
Basic Share Account $5.00 .05% .05%
E-Share Account $5.00 .15% .15%
Holiday Club $5.00 .05% .05%
Vacation Club $5.00 .05% .05%
E Savings      
$2,000 - $9,999 $5.00 .10% .10%
$10,000 - $24,999 $5.00 .15% .15%
$25,000 - $49,999 $5.00 .25% .25%
$50,000 and over $5.00 .35% .35%
IRA Share Account $5.00 .10% .10%
Roth IRA $5.00 .10% .10%
Educational IRA $5.00 .10% .10%

 

Certificate/IRA Rates
 MinimumAnnual
Rate
Annual %
Yield
3 Month Certificate $2,500 0.30% 0.30%
6 Month Certificate $2,500 0.50% 0.50%
9 Month Certificate $2,500 0.55% 0.55%
12 Month Certificate $1,000 0.60% 0.60%
15 Month Certificate $1,000 0.70% 0.70%
18 Month Certificate $1,000 0.75% 0.75%
24 Month* Certificate $2,500 1.10% 1.10%
36 Month Certificate $1,000 1.20% 1.21%
48 Month Certificate $1,000 1.50% 1.51%
60 Month Certificate $1,000 1.75% 1.76%

 


Loan Rates

Consumer Loans
DescriptionTermAnnual Percentage Rate
New Auto Rates:* 3 Years 1.99%
  4 Years 2.24%
Special 5 Years 2.24%
6 Years 2.74%
Used Auto Rates:*    
Models 2014 - 2016 3 Years 2.24%
4 Years 2.49%
5 Years 2.49%
6 Years 3.24%
Models 2011 - 2013 3 Years 4.49%
4 Years 4.99%
5 Years 5.49%
Used Auto Prior to 2011 3 Years 5.99%
4 Years 6.49%
Motorcycle/Scooters*   5.75%
Unsecured Loan* 1 Year 7.99%
2 Years 7.99%
3 Years 7.99%
4 Years 9.99%
5 Years 10.99%
Share/Certificate   Current Share
Rate + 3.00%
Boat*   6.75%
RV*   6.75%
Cash Reserve/Checking Overdraft   12.00%
Visa Card no Annual fee  

11.99%

DescriptionTermAnnual Percentage Rate
  Balances 80% LTV  

Variable Rate Equity Line of Credit****

Less than 75,000 Prime  
Greater than 75,000 Prime - .50%  

Fixed Rate Equity*/**

5 Years 3.99%  
10 Years 4.24%  
15 Years 4.49%  
20 Years 4.99%  

Effective

June  12, 2017
Rates subject to change without notice. Call 781-1020 for the latest update.
Above rates apply to loans paid by payroll deductions or automatic transfer from shares or checking.
All over the counter loan payments are 1/2% higher rates.

* Rate will be determined by individual credit worthiness. Rates advertised are the lowest rates available. Rates advertised are for New Boats and RVs. Used Boat and RV Rates may be higher.
** Add .25% to Equity loan rates without an active Wave FCU checking account
*** Personal Mortgage Insurance required with LTV above 80%.
**** 5 year draw period; minimum rate of 4.00% APR.

Credit life and credit disability insurance available on all loans.
Prime Rate, April 1st, 2017=3.75%

*$1,000.00 for 12 months at 9.99%; 11 monthly payments of $87.24 and 1 payment of $86.89

 

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MAIN BRANCH

 

BUSINESS HOURS

MAIN BRANCH LOBBY HOURS
Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

WARWICK AVENUE BRANCH
LOBBY HOURS
Mon-Wed: 9am - 4pm
Thurs-Fri: 9am - 5pm
Saturday: 9am - 12pm

P: 401-781-1020

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