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Home Equity and Mortgage

Savings and Checking Rates - Effective August 01, 2008




Savings and Checking Accounts Dividend Rate Annual Percentage Yield
Daily Access .25% .25%
Dividend Plus
          Daily balance of $100,000 or more 1.00% 1.00%
          Daily balance of $2,000 or more .50% .50%
          Daily balance up to $2,000 .25% .25%
Holiday Club
          Daily balance of $100,000 or more 1.00% 1.00%
          Daily balance of $2,000 or more .50% .50%
          Daily balance up to $2,000 .25% .25%
Vacation Club
          Daily balance of $100,000 or more 1.00% 1.00%
          Daily balance of $2,000 or more .50% .50%
          Daily balance up to $2,000 .25% .25%
Relationship Money Market Account
          Daily balance of $100,000 or more 2.47% 2.50%
          Daily balance of $50,000 or more 2.37% 2.40%
          Daily balance of $25,000 or more 2.18% 2.20%
          Daily balance of $10,000 or more .75% .75%
          Daily balance of $2,500 or more .75% .75%
          Daily balance up to $2,500 .25% .25%
IRA 1.00% 1.00%
Easy, Eagle Plus, Golden Eagle, Mortgage Checking
          Daily balance of $10,000 or more .25% .25%
          Daily balance of $2,500 or more .10% .10%
          Daily balance up to $2,500 .05% .05%
High Yield Checking
          Daily balance of $50,000 or more 1.49% 1.50%
SmartRate Checking
          Daily balance up to $25,000 5.60% 5.75%
          Daily balance of $25,000 or more 1.01% 1.01%
          If requirements are not met .05% .05%


Regular and IRA Certificate Rates* - Effective August 16, 2008

Use our Retirement Calculator to help you plan for retirement!


Certificates Dividend Rate Annual Percentage Yield
5 Month Special 2.47% 2.50%
6 Month 1.73% 1.75%
6 Month Jumbo 1.83% 1.85%
1 Year 1.83% 1.85%
1 Year Jumbo 1.93% 1.95%
18 Month 1.88% 1.90%
18 Month Jumbo 1.98% 2.00%
3 Year 2.08% 2.10%
3 Year Jumbo 2.18% 2.20%
5 Year 2.18% 2.20%
5 Year Jumbo 2.28% 2.30%

*Certificate rates subject to change weekly, penalty applied for early withdrawal of funds, $500 minimum deposit, $10,000 minimum deposit for 5 month special certificate, $100,000 minimum deposit for jumbo certificate. Please use the Secure Form in WebBanking to open a certificate or contact Member Services at 1-800-782-4670.



Loan Rates** - Effective July 09, 2008

Try our convenient Loan Calculator and Loan Comparison Calculator!



Installment Loans Payroll Deduction or Automatic Draft APR Non-Payroll Deduction APR
New Vehicle1,3,4,5 4.89% to 12.75% 5.39% to 13.25%
Used Vehicle2,3,4,5 5.14% to 13.25% 5.64% to 13.75%
New Trailer/Tractors 10.00% 10.50%
Used Boat/Trailer/Tractors 11.00% 11.50%
New Boats and Motor Homes 9.50% 10.00%
New Custom Van4 7.90% to 14.15% 8.40% to 14.65%
Used Custom Van4 9.65% to 15.90% 10.15% to 16.40%
Stock Loan 6.50% 7.00%
Share Loan 5.75% 6.25%
Personal Loan - Misc. Collateral 13.50% 14.00%
Personal Loan - Comaker 14.00% 14.50%
Personal Loan - Unsecured4 14.00% to 17.50% 14.50% to 18.00%
Student Loan 8.00% 8.00%
Computer Loan4 6.00% to 10.25% 6.50% to 10.75%

(1) Up to 100% of Purchase Price not to exceed 10% over the Manufacturer's Suggested Retail Price (MSRP)
(2) N.A.D.A. loan value plus 25% (based on credit worthiness), 90% of List Price if automobile does not appear in N.A.D.A. Guide
(3) For 36 months or less term, non-Allegacy refinance only.
(4) Loan Rates subject to determination of credit worthiness.
(5) Loan Rates will vary depending on term of the loan.

Line of Credit Options Payroll Deduction or Automatic Draft APR Non-Payroll Deduction APR
Unsecured 11.50% 12.00%
Stock Secured 6.50% 7.00%
Share Secured 5.25% 5.75%
Overdraft Protection 11.00% 11.00%
Single Payment Payroll Deduction or Automatic Draft APR Non-Payroll Deduction APR
Stock Loan 5.50% 5.50%

Share Loan

5.75% 5.75%
Personal Loan - Misc. Collateral 12.00% 12.00%
Unsecured Loan 13.50% 13.50%

**Annual Percentage Rate is subject to change during the term of the loan.



Home Equity and Mortgage**

Click here! for a personalized Mortgage rate quote.

Mortgage Loan Rates: Primary Residence - Effective August 20, 2008

Use our Mortgage Calculator to help
you estimate your mortgage payments.

The rates posted are indications only. Please call 336-774-3400 or 800-782-4670
to receive accurate quotes (Monday - Friday, 8:15am to 4:30pm, Eastern Time.)
Product Interest Rate Points Origination Fee APR
Loan Amounts <= $417,000 (Conforming)
7 Year Low Doc 5.625 0.000 1.000 6.006
10 Year Low Doc 5.750 0.000 1.000 6.028
12 Year Low Doc 5.875 0.000 1.00 6.113
15 Year Low Doc 6.000 0.000 1.00 6.206
15 Year Fixed (Low Doc w/Balloon) 6.500 0.000 1.00 6.624
20 Year Fixed (Low Doc w/Balloon) 7.125 0.000 1.00 7.256
15 Year Fixed 6.125 0.000 .750 6.293
30 Year Fixed 6.625 0.000 .750 6.758
1/1 ARM 6.875 0.000 .750 6.984
2 Yr ARM 7.625 0.000 .750 7.742
5/1 ARM 6.500 0.000 .750 6.605
7/1 ARM 6.625 0.000 .750 6.731
Interest Only 6 month LIBOR N/A 0.00 .750 N/A
Construction Loan (NC Only) 5.500 0.000 1.00 5.592
Loan Amounts > $417,000 (Jumbo)
Jumbo SmartChoice 7.500 2.000 .750 7.648
15 Year Fixed 8.000 1.625 .750 8.191
30 Year Fixed 8.000 2.000 .750 8.157
1/1 ARM N/A 0.000 .750 N/A
2 Yr ARM 7.750 0.000 .750 7.903
5/1 ARM N/A 0.000 .750 N/A
7/1 ARM N/A 0.000 .750 N/A
Interest Only 6 month LIBOR N/A 0.00 .750 N/A
Construction Loan (NC Only) 5.500 0 1.00 5.592

Rate Assumption: Rates, APR calculations are based on the following assumptions: A loan amount of $150,000 (for conforming product) or $417,001 (for Jumbo product), 1% origination fee, 20% down payment, first-lien owner occupied property, purchase transaction and a 55-day lock. Other restrictions may apply. Your actual rate is determined by the loan program you select, the amount you borrow, your credit history, and other factors. Rates are subject to change any time without notice. Posted rates assume the servicing of your mortgage will be sold. If you prefer that Allegacy retains your servicing, please let us know; your rate will be slightly higher.

Higher loan-to-values are available at slightly higher rates.
We now have loans for members with less than perfect credit.
Other Products/Programs Available:
-Affordable Housing Mortgages
-Construction Loans on North Carolina property
-Expanded Criteria
-Free Prequalification
-Manufactured Housing Mortgages (.375 Additional rate applies.)
-Preapproved Mortgages
-Second Homes
-Investment Property


Equity Line of Credit** Annual Percentage Rate
Primary Residence up to $350,000* Prime3,5 - .25%
Secondary Residence*** up to $100,000* Prime3,5 + .25%


Closed-End Equity Payroll Deduction
or Bank Draft
APR
Non-Payroll
Deduction
APR
Primary Residence 7.24% 7.74%
Second Home 7.74% 8.24%

* Annual Percentage Rate is subject to change during the term of the loan.
** All Allegacy mortgage loans are subject to legal requirements in the member's state of primary residence. First mortgages are available in California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia and West Virginia (same as equity plus California). Equity Lines of Credit are available in the following states: California (Mortgage Only), Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas (Closed-End Equity Only), Virginia and West Virginia.
*** Home equity loans not available on second homes used as rental property; "second homes" are identified as beach, mountain, or lake homes used only by the Allegacy member.

(1) Up to 100% of Purchase Price not to exceed 10% over the Manufacturer's Suggested Retail Price (MSRP)
(2) N.A.D.A. loan value plus 25% (based on credit worthiness), 90% of List Price if automobile does not appear in N.A.D.A. Guide
(3) Prime Rate as published in The Wall Street Journal, adjusted quarterly for equity, monthly for Visa.
(4) Loan Rates subject to determination of credit worthiness.
(5) Maximum rate for Home Equity Lines of Credit is 18.00%.
(6) For 36 months or less term, non-Allegacy refinance only.
(7) A floor APR of 7.9% will be in effect.

 

This Credit Union is federally-insured by the National Credit Union Administration.



 


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