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Savings and Checking
Certificates
Loans
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
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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  |
| 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 |
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| 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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