Rates

Consumer Loan Rates  back to top

Loans	Term	APR*
Autos 2023 & older	Up to 36 months	7.28% Fixed
Autos 2023 & older	Up to 84 months	7.64% Fixed
Recreational Vehicles 2023 & older	Up to 36 months	7.28% Fixed
Recreational Vehicles 2023 & older	Up to 84 months	7.64% Fixed
Recreational Vehicles 2023 & older	Up to 180 months	Call Enrichment Office for Quote
Non-Traditional Collateral (farm tractors, horse trailers, etc.)	Call for more information	Call Enrichment Office for Quote
Lines of Credit & Signature Loans	Up to 60 months	13.25% Variable
Share Secured Loans	Up to 120 months	2.10% Variable
Heating, Ventilation, & Air Conditioning (HVAC) Loans	Up to 84 months	starting at 7.50% Fixed

*Rates are expressed as an annual percentage rate (APR) and are subject to change. Consumer rates and terms are based on Enrichment Federal Credit Union's Performance Based Pricing program's best rate. All rates are based on credit score and represent highest tiers. Some restrictions and other criteria may apply. An additional 1% will be added to the rate for vehicles with over 100,000 miles. Variable rates may increase after consummation.

Recreational vehicle loans include boats, campers, motorhomes, and motorcycles. Loan terms for new/used RVs up to 84 months. Terms exceeding 84 months require a minimum loan amount of $30,000. Aggregate unsecured indebtedness with EFCU cannot exceed $50,000.

Home Loan Rates

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Loans	Term	APR
1st Mortgage (5/1 year ARM)	30 Years Max	6.250%* Variable (6.440%)
1st Mortgage (5 year ARM)	30 Years Max	6.500%* Variable (6.690%)
1st Mortgage	10 Year Fixed	6.500%* Fixed (6.940%)
1st Mortgage	15 Year Fixed	6.875%* Fixed (7.190%)
1st Mortgage	20 Year Fixed	7.250%* Fixed (7.510%)
1st Mortgage	30 Year Fixed	7.500%* Fixed (7.700%)
2nd Mortgage	10 Year Fixed	8.250%*Fixed  (8.710%)
Home Equity Line of Credit		8.500% Variable
Home Construction to Permanent	30 Year Fixed	7.500%* Fixed (7.700%)
Rental Property	15 year balloon/20 year amortization	8.000%* Variable (8.270%)
Mobile Home with Real Estate	20 year maximum	10.375%* Variable (10.670%)
Unimproved Property	15 year maximum	7.625%* Variable (7.950%)

*Mortgage rates are based on a 80% loan-to-value; contact your nearest office for current rates on mortgage amounts over $417,000. Mortgage rates and terms are based on Enrichment Credit Union’s Performance Based Pricing program’s best rate. Annual Percentage Rate (APR) based on $100,000 loan calculations. Rate for Home Equity line-of-credit will be the Wall Street Journal Prime Rate. Variable rates may increase after consummation.

Credit Card Rates 

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Card Type	APR for Purchases*	APR for Cash Advances*
Enrichment Mastercard	11.50% variable	15.50%* variable
Mastercard Rewards	15.00% variable	17.00%* variable
Mastercard Platinum	13.50% variable	15.50%* variable

*The rate for Enrichment Mastercard will be set at the Wall Street Journal Prime Rate plus 3% for purchases and balance transfers, and the Wall Street Journal Prime Rate plus 7% for cash advances.

The rate for Mastercard Rewards will be set at the Wall Street Journal Prime Rate plus 6.50% for purchases and balance transfers, and the Wall Street Journal Prime Rate plus 8.50% for cash advances. 

The rate for Mastercard Platinum will be set at the Wall Street Journal Prime Rate plus 5% for purchases and balance transfers, and the Wall Street Journal Prime Rate plus 7% for cash advances. Variable rates may increase after consummation.

Savings Rates   

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Account	Minimum to Open	Balance Required to Earn Dividends	Dividend Rate	APY**
Regular Savings	$5	----	0.10%	0.10%
Ownership Rewards	---	----	5.00%	5.12%
U Name It Savings	---	----	0.10%	0.10%
Health Savings Account (HSA)	---	----	0.30%	0.30%
Auto Escrow	---	----	0.05%	0.05%
Mortgage Escrow	---	----	0.05%	0.05%
Christmas Club	---	----	0.10%	0.10%
Money Market (tier 1)	---	$2,500.00 - $24,999.99	0.20%	0.20%
Money Market (tier 2)	---	$25,000.00 - $49,999.99	0.25%	0.25%
Money Market (tier 3)	---	$50,000.00 or greater	0.30%	0.30%
IRA Variable Savings	---	----	0.25%	0.25%

^**APY means Annual Percentage Yield.  See full disclosures

Checking Account Rates 

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Account	Minimum to Open	Balance Required to Earn Interest	Interest Rate	APY**
eSpend Checking (tier 1)	---	$0 - $4,999.99	0.05%	0.05%
eSpend Checking (tier 2)	---	$5,000 - $9,999.99	0.10%	0.10%
eSpend Checking (tier 3)	---	$10,000 or greater	0.15%	0.15%
eSpend Lite Checking	---	----	----	----
Business Checking	---	$300	0.05%	0.05%

**APY means Annual Percentage Yield. See full disclosures.

Share/IRA Certificate Rates

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Account	Minimum to Open	Interest Rate	APY**
3 Month*	$500	0.25%	0.25%
6 Month*	$500	0.40%	0.40%
12 Month	$500	0.55%	0.55%
24 Month	$500	0.75%	0.75%
36 Month	$500	0.90%	0.90%
48 Month	$500	1.05%	1.06%
60 Month	$500	1.20%	1.21%

*3 Month & 6 Month Terms do not apply to IRA Certificates. 

**APY means Annual Percentage Yield.

For all certificates, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows: Terms of less than 1 year are 30 days dividends (or total dividends earned if open < 30 days); Terms greater than 1 year are 90 days dividends (or total dividends earned if open < 90 days). See full disclosures

Promotional Share/IRA Certificate Rates

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Account	Minimum to Open	Interest Rate	APY**
9 Month	$500	5.46%	5.60%
9 Month IRA	$500	5.46%	5.60%

*At the end of the 9-month term the certificate will auto renew to regular 12-month term and rate. 

**APY means Annual Percentage Yield.

For all certificates, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows: Terms of less than 1 year are 30 days dividends (or total dividends earned if open < 30 days); Terms greater than 1 year are 90 days dividends (or total dividends earned if open < 90 days). See full disclosures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Jumbo Share/IRA Certificate Rates

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