Rates

Here you will find our current and most up-to-date listings of in-house financial rates. Inquiries about mortgage rates must be made by phone or e-mail at this time, due to the daily changing nature of such rates. In the future, we hope to offer theses changing rates daily. This is something we are working on. Once we know this is possible, you will be the first to find out, so check back often!

Consumer Loan Rates

Effective Date: Februrary 24th, 2012

Any secured non-real estate loans (autos, motorcycles, boats, RV’s, ATV’s, snowmobiles, etc.)

Rates as low as 2.50 APR for up to 24 months*
Rates as low as 2.75 APR for up to 36 months*
Rates as low as 2.95 APR for up to 48 months*
Rates as low as 2.95 APR for up to 60 months*
Rates as low as 3.95 APR for up to 72 months*
Longer financing may be available; Contact us for more information.

*Rates are based on individual financial history, loan purpose & loan to value.

Signature / Unsecured Loans

Term & rate based on individual financial history, rates as low as 8.95 APR.
Time notes, secured or unsecured: 18.00 APR.

Home Equity LOC Mortgage Rates

Effective Date: February 24th, 2012

Home Equity Loans

4.90% Floor Rate if LTV is less than 70%
Rate will adjust to current prime rate minus .50% subject to floor when opened, and then quarterly
4.90% Floor Rate if LTV is less than 80%
Rate will adjust to current prime rate subject to floor when opened, and then quarterly
5.90% Floor Rate if LTV is between 80% and 90%
Rate will adjust to current prime rate plus 1.00% subject to floor when opened, and then quarterly

LTV = Loan to Value = Loan amount divided by appraisal amount

Fixed Rate and Balloon Mortgage Loans
Rates change daily; please call for details.

Share Account and Certificate Rates

Effective Date: November 8, 2011

(APY – Annual Percentage Yield, APR – Annual Percentage Rate)

Share Accounts
Regular Share
Christmas Club
Vacation Club
Special Deposit
Eager Beaver Shares
Share Draft
Prime Time Share Draft

APR
0.25%
0.25%
0.25%
0.25%
0.25%
-
-

APY
0.25%
0.25%
0.25%
0.25%
0.25%
-
-

Individual Retirement Accounts (IRAs)
Traditional & Roth

APR
1.25%

APY
1.26%

Educational and Health Savings (HSA)
Health Savings Account
Coverdell Education Savings

APR
1.25%
1.25%

APY
1.26%
1.26%

CD Rates

Effective Date: December 5, 2011

Share Certificates of Deposit*
6 Months
12 Months
18 Months
24 Months†
36 Months‡

APR
0.50%
0.75%
0.90%
1.25%
1.50%

APY
0.50%
0.75%
0.90%
1.26%
1.51%

* Minimum deposit $1000.00; children under 18 years of age and college students, minimum deposit $500.00.

† 24 Month CD has the ability to adjust rates once per year during its term.

‡ 36 Month CD has the ability to adjust rates once per year during its term.

Money Market Rates

Effective Date: August 24, 2011

Money Market Rates
$2,500 – $15,000
$15,001 – $50,000
$50,001 and above

APR
0.375%
0.50%
0.75%

APY
0.375%
0.50%
0.75%

Select Rate Type

CONSUMER LOAN RATES
HOME EQUITY & IN-HOUSE MORTGAGE RATES
SHARE ACCOUNT AND CERTIFICATE RATES
CD RATES
MONEY MARKET RATES

Please stop in at any of our three convenient locations in Negaunee, Marquette, or Gwinn; or give us a call and experience our warm and friendly service!

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