Rates
(Rates current as of 02/01/12 but subject to change.)
Vehicle Loan Rates* (APR)
Auto loan rates as low as 1.75% APR*
Please click for details and MORE vehicle types...
*Take a Discount of .25% APR with Auto Pay.
 Rates apply to new and used cars, trucks, motorcycles & boats and are based on credit history, year of vehicle and term of loan.

Signature Loan Rates (1-24 Mo)

Credit Score Range

Rate (APR)

730+

8.05%

700 - 729

8.45%

680 - 699 10.60%

640 - 679

11.10%

600 - 639

12.85%

550 - 599

15.85%

Terms Available from six (6) to 60 months
Discount: .25% off with Auto Pay

Share Secured Loan Rates
Rate (APR) is the current
Share Account Rate plus 4.1% APR*
See Deposit Rates or
call an MSR for information.
Discount: .25% off with Auto Pay * Effective as of 3/18/09

MasterCard Rates

8.9% APR to

15% APR*

No annual fee or balance transfer fee
*Based on your credit history

Home Equity Line of Credit

Term

Rate (APR)

6 months to 15 years

Variable**


Home Equity Fixed Loan Rates* (APR)

Credit Score Range

Term

730+

680-729

640-679

600-639

550-599

Up to 60 months

5.25%

5.60%

5.84%

6.10%

Not Available

61 to 120 months

5.60%

5.70%

6.10%

6.35%

Not Available

121 to 180 months

5.84%

5.94%

6.35%

6.60%

Not Available

Minimum loan amount $5,000.
Maximum loan amount $150,000.
Fixed rate established by the Board of Directors

All rates are subject to change. You must be a member to apply for a loan. Membership is open to anyone who lives, works, worships, attends school or volunteers in Niagara County and opens an account with a minimum $5 deposit.

Niagara's Choice Federal Credit Union is an Equal Housing Lender. Home Equity Line of Credit rates are adjusted on the first business day of each quarter based on the Prime Rate as published in the Wall Street Journal.

**Prime to prime + 1% APR based on credit score:
may not go lower than floor rate of 4% APR.

Account Rates

Savings and Deposit Accounts
Account Type Dividend Rate Annual % Yield
Regular Savings Share
0.25%
0.25% APY
No Fee Checking/Draft
0.10%
0.10% APY
IRA Accounts
1.00%
1.1005% APY
Club Accounts
0.25%
0.25% APY

APY = Annual Percentage Yield
All dividend rates are compounded daily and credited quarterly to all types of share accounts. A minimum $250 daily balance is required to earn dividends.


Certificate Accounts
Term
Dividend Rate
Annual % Yield
3-Month
0.30%
0.30% APY
6-Month
0.30%
0.30% APY
12-Month
0.35%
0.351% APY
24-Month
.40%
.401% APY
36-Month
1.00%
1.005% APY
48-Month
1.250%
1.258% APY
60-Month
1.500%
1.511% APY

APY = Annual Percentage Yield
Minimum required balance is $500.
Certain penalties apply if funds are withdrawn prior to account maturity. Refer to the "Term Share Account Disclosure" for more details.