Current Rates
Rates and Terms are subject to change at any time. Please contact the Credit Union to verify the current rates and terms offered on all share and loan products.
| Loan Rates | |||
| Effective Date: Wednesday, November 20th, 2019 | |||
| Loan Type | Term | APR (1) | Minimum |
| New Vehicles | Up to 48 months | 2.99% | |
| If you enroll in automatic payment from your CACU Checking account your rate may be as low as 2.99% APR. If you do not enroll in automatic payment your rate may be as low as 3.24% APR. | |||
| New Vehicles | 49 - 60 months | 3.74% | |
| New Vehicles | 61 - 72 months | 3.99% | |
| New Vehicles | 73 - 84 months | 4.24% | |
| Used Vehicles | Up to 48 months | 3.99% | |
| Used Vehicles | 49 - 60 months | 4.49% | |
| Used Vehicles | 61 - 72 Months | 4.74% | |
| Used Vehicles | 73 - 84 months | 5.24% | $25,000 |
| Home Equity Closed End - 90% LTV | 10 Years | 4.74% | $10,000 |
| Home Equity Closed End - 90% LTV | 15 Years | 5.24% | $10,000 |
| Home Equity Closed End - 90% CLTV | 20 Years | 5.74% | $10,000 |
| Home Equity - LTV 80% (2) | Line of Credit | 4.75% | $10,000 |
| Share / Certificate Pledged | Up to 60 months | 4.24% | |
| Personal Loans | Up to 60 months | 7.25% | |
| If you enroll in automatic payment from your CACU checking, your rate may be as low as 8.00% APR. Maximum amount of unsecured credit may not exceed $25,000 per member. | |||
| "Anytime Cash" Overdraft Protection | Line of Credit | 13.75% | |
| This is an unsecured loan with a variable rate that is subject to change on a monthly basis. The maximum rate is 18.00%. Credit limits are available up to $15,000.00. | |||
| Educational Loans | Up to 60 months | 7.50% | |
| Rate displayed is for Educational loans set up with direct deposit. Rate is higher for Educational loans set up with conventional payments. | |||
| Technology Loan | Up to 36 months | 7.50% | |
| Rate displayed is for Technology loans set up with direct deposit. Rate is higher for Technology loans set up with conventional payments. | |||
| Recreational Vehicles (all years) (3) | Up to 60 months | 5.74% | |
| Recreational Vehicles (all years) (3) | Up to 84 months | 5.99% | |
| Recreational Vehicles (all years) (3) | Up to 120 months | 6.24% | |
| Recreational Vehicles (all years) (3) | Up to 180 months | 6.74% | $25,000 |
Loan Notes:(1) APR = Annual Percentage Rate. The rates and terms offered on each loan type depend on your credit history, income, collateral and the information provided on your loan application. (2) Home Equity Line of Credit has a variable rate that is subject to change on a quarterly basis. (3) Recreational Vehicles include: Boats, Personal Watercraft, Motor Homes, Travel Trailers, Pop-up Campers, Motorcycles, All-Terrain Vehicles, Snowmobiles and Enclosed Trailers. NADA appraised value guidelines will be used to determine values. Most fixed rate products are eligible for a .25% discount with automatic transfer payment your CACU Checking Account. Discounts cannot be combined with any "Special" rates.
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| Credit Card Rates | ||
| Effective Date: Wednesday, November 20th, 2019 | ||
| Card Type | APR | Rewards |
| VISA Platinum Preferred Premium (1) | 9.49% | Travel, Gifts (Preview Rewards) |
| VISA Platinum Preferred (1) | 13.49% | Travel, Gifts (Preview Rewards) |
| VISA Platinum (1) | 19.49% | Travel, Gifts (Preview Rewards) |
| (1) Variable Rate: The rate is determined monthly by adding 4.74% to Prime (5.00% as of October,1 2019) for a Platinum Preferred Premium, 8.74% to Prime for a Platinum Preferred, and 14.74% to Prime for a Platinum. The Prime rate used to determine your APR is the Prime Rate published in the Wall Street Journal on the first business day following the 20th of the calendar month. | ||
| Savings Rates | ||||
| Effective Date: Wednesday, November 20th, 2019 | ||||
| Share Type | Minimum | Dividend Rate | APY* | Compounded |
| Savings (1) (share 01-share 25) |
$5.00** | 0.05% | 0.05% | Quarterly |
| Money Market (share 85) |
$2,500 | 0.25% | 0.25% | Monthly |
| Premium Money Market (share 86) |
$25,000-$49,999 | 0.50% | 0.50% | Monthly |
| Premium Money Market (share 86) |
$50,000-$99,999 | 0.60% | 0.60% | Monthly |
| Premium Money Market (share 86) | $100,000 and over | 0.75% | 0.75% | Monthly |
| IRA Share (1) (share 70) |
$5.00 | 0.05% | 0.05% | Quarterly |
| IRA Roth / Educational (share 75-77) |
$5.00 | 0.10% | 0.10% | Quarterly |
| Holiday Savings (Share 99) |
$5.00 | 0.05% | 0.05% | Annually |
| Alliance Checking Plus | $5.00 - $2,499 | 0.00% | 0.00% | Monthly |
| $2,500 - $14,999 | 0.05% | 0.05% | Monthly | |
| $15,000 | 0.10% | 0.10% | Monthly | |
| Business Interest Checking | Less than $3,500 | No Interest Paid | ||
| $3,500 - $9,999 | 0.10% | 0.10% | Monthly | |
| $10,000 | 0.20% | 0.20% | Monthly | |
| (*) APY (annual percentage yield) means a percentage rate reflecting the total amount of dividends or interest paid on an account, based on the dividend or interest rate and the frequency of compounding for a 365 day period. Fees may reduce earnings. Minimum balance may be required on some accounts to earn dividends. Rates may change after account is open. | ||||
| **The primary share account (share 01) must maintain a minimum balance of $5.00. | ||||
| (1) Dividend shown is for the previous quarter. Community Alliance Credit Union's Board of Directors determines the dividend rate paid on share accounts each calendar quarter based on the earnings of the Credit Union. These dividends are calculated based on the daily balance and paid on the first day of the following quarter. | ||||
| Certificate of Deposit Rates | ||||
| Effective Date: Wednesday, November 20th, 2019 | ||||
| Certificate Type | Minimum | Rate | APY* | Compounded |
| 99 Day Special | $500 | 1.98% | 2.00% | Monthly |
| Must be new money. A penalty is imposed for early withdrawals and may reduce earnings. Converts to a 6 month certificate at maturity. Offer may be revoked at any time. Call for maximum amount. | ||||
| 6 Month (Regular & IRA) |
$500 | 0.60% | 0.60% | Anniversary |
| 7 Month Special | $500 | 2.13% | 2.15% | Monthly |
| Must be new money. A penalty is imposed for early withdrawals and may reduce earnings. Converts to a 6 month certificate at maturity. Offer may be revoked at any time. Call for maximum amount. | ||||
| 1 Year (Regular & IRA) |
$500 | 1.00% | 1.00% | Monthly |
| 1 Year - Save to Win-Special (Regular) | $25 | 0.50% | 0.50% | Monthly |
| 13 Month Special | $500 | 2.23% | 2.25% | Monthly |
| Must be new money. A penalty is imposed for early withdrawals and may reduce earnings. Converts to a 1 year certificate at maturity. Offer may be revoked at any time. Call for maximum amount. | ||||
| 18 Month (Regular & IRA) |
$500 | 1.09% | 1.10% | Monthly |
| 2 Year (Regular & IRA) |
$500 | 1.34% | 1.35% | Monthly |
| 3 Year (Regular & IRA) |
$500 | 1.59% | 1.60% | Monthly |
| 5 Year (Regular & IRA) |
$500 | 1.98% | 2.00% | Monthly |
| A penalty is imposed for early withdrawals on Certificates of Deposit. Fees may reduce earnings. | ||||
| Penalty Calculation: Withdrawal amount - (Interest Earned from opening date - Interest withdrawn from opening date) *180* (Interest Rate/365) | ||||