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Saginaw Medical Federal Credit Union Go to main content

Rates

Loan Rates

Auto, Truck & Motorcycle
Effective Date: Thursday, November 15th, 2018
New or Used Annual Percentage Rate (APR)
as low as
TermPayment per $1,000
2015 & Newer
Fixed Rate 3.25% up to 66 months $16.57
Fixed Rate 3.75% up to 72 months $15.53
Fixed Rate 4.60% up to 84 months $13.95
2014 & Older
Fixed Rate 3.75% up to 66 months $16.79
Fixed Rate 4.25% up to 72 months $15.76
Fixed Rate 5.10% up to 84 months $14.18
Apply for a new or used vehicle loan!

Sport Vehicles, Boats, Campers, & RVs
Effective Date: Thursday, November 15th, 2018
New or UsedAnnual Percentage Rate (APR) as low asTerm
Fixed Rate 3.75% up to 66 months
Fixed Rate 4.25% up to 72 months
Fixed Rate 4.75% up to 84 months
Fixed Rate 6.75% up to 120 months
Apply for a recreational vehicle loan!

VISA Credit Cards
Effective Date: Thursday, November 15th, 2018
TypeAnnual Percentage Rate (APR) as low as
VISA Platinum 8.90%
VISA Platinum Rewards 9.90%
Apply for a VISA Credit Card!

Signature Loans
Effective Date: Thursday, November 15th, 2018
Annual Percentage Rate (APR) as low asTerm
6.99% up to 36 months
8.99% 37-60 Months

Medical Debt Rescue
Effective Date: Thursday, November 15th, 2018
Annual Percentage Rate (APR)TermType
9.90% up to 24 months Fixed Rate
More Details

Cover the Uncovered Loan
Effective Date: Thursday, November 15th, 2018
Annual Percentage Rate (APR) as low asTerm
6.99% up to 36 months
8.99% 37-60 months
More Details

Credit Builder
Effective Date: Thursday, November 15th, 2018
Annual Percentage Rate (APR)TermType
6.90% up to 12 months Fixed Rate
7.40% 13-24 months Fixed Rate
Apply for a Credit Builder Loan!

Commercial Loan Products
See Business Lending Products

Home Loans

Mortgage Loans
Effective Date: Thursday, November 15th, 2018
Mortgage Loan Rates
10, 15, 20 & 30 Year Fixed Rates

Home Equity Line of Credit
Effective Date: Thursday, November 15th, 2018
TypeVariable APRTerm
HELOC (80% LTV) Prime + 1.25% 15-Yr Amortization
HELOC (over 80% LTV) Prime + 3.25% 15-Yr Amortization
Apply for a Home Equity Line of Credit!

Fixed Rate Home Equity LOC
Effective Date: Thursday, November 15th, 2018
TypeFixed APRTerm
HELOC (up to 80% LTV) 5.75% 10-Yr Amortization
Apply for a Fixed Rate Home Equity LOC

Saving Rates

Savings
Effective Date: Thursday, November 15th, 2018
TypeAnnual Percentage Rate (APR)Annual Percentage Yield (APY)Dividends Compounded & CreditedMinimum Balance to Earn Dividends
Premium Checking 0.199% 0.200% Monthly $10,000 and over
Premium Checking Rewards 1.243% 1.250% Monthly $2500 - $24,999
  0.199% 0.200% Monthly $25,000 and over
Young Savers 2.227% 2.250% Monthly $0 - $14,999
  0.099% 2.25% - 0.10% Monthly $15,000 and over
Regular Savings, 2nd Savings, Vacation & Christmas Clubs 0.099% 0.100% Monthly $250 and over
MONEYPlus 0.299% 0.300% Monthly $250 - $9,999
  0.399% 0.400% Monthly $10,000 - $99,999
  0.548% 0.550% Monthly $100,000 - $249,999
  0.797% 0.800% Monthly $250,000 and over
IRA 0.500% 0.501% Monthly $0 - $9,999
  0.750% 0.753% Monthly $10,000 - $19,999
  1.000% 1.005% Monthly $20,000 - $49,999
  1.250% 1.257% Monthly $50,000 and over
All rates quoted are subject to change without notice; call SMFCU for today's rates. The Annual Percentage Yields listed are accurate as of the last dividend declaration date. Fees, if any, may reduce earnings and affect APY calculations. Call the credit union for complete disclosures at 989-791-7070 ext. 3503.

Share Certificate Specials
Effective Date: Thursday, November 15th, 2018
TermAnnual Percentage Rate (APR)Annual Percentage Yield (APY)Dividends Compounded & CreditedMinimum Balance to Earn Dividends
7 Month Youth CD1 4.000% 4.000% Monthly $500 - $700
12 Month Save to Win2 1.539% 1.550% Monthly2 $25 and over2
18 Month Special3 2.667% 2.700% Monthly $500 and over
28 Month Special 2.520% 2.550% Monthly $500 and over
54 Month Special3 3.008% 3.050% Monthly $500 and over
All certificates require a $500 minimum balance to open the account and earn the stated APY unless otherwise stated. 1For 7 Month Youth Certificate accounts, any accrued dividends will be transferred to your share account monthly; only the principal amount will renew. Upon maturity of the Youth Certificate (member reaches age 22 or older), principal amount will renew as a 6-month share certificate.  2CLICK HERE for complete details and Save to Win Certificate contest rules.  318 month and 54 month certificates only apply to funds not currently on deposit with SMFCU.  Substantial penalty for early withdrawal. Call the credit union for complete disclosures at 989-791-7070 ext. 3503.

Share Certificates & IRA Share Certificates
Effective Date: Thursday, November 15th, 2018
TermAnnual Percentage Rate (APR)Annual Percentage Yield (APY)Dividends Compounded & CreditedMinimum Balance to Earn Dividends
6 Month 1.044% 1.050% Monthly $500 and over
12 Month 1.539% 1.550% Monthly $500 and over
24 Month 2.030% 2.050% Monthly $500 and over
36 Month 2.471% 2.500% Monthly $500 and over
48 Month 2.618% 2.650% Monthly $500 and over
60 Month 2.862% 2.900% Monthly $500 and over
All certificates require a $500 minimum balance to open the account and earn the stated APY.  Substantial penalty for early withdrawal. Call the credit union for complete disclosures at 989-791-7070 ext. 3503. 

Business Accounts

Business Savings
Effective Date: Thursday, November 15th, 2018
TypeAnnual Percentage Rate (APR)Annual Percentage Yield (APY)Dividends Compounded & CreditedMinimum Balance to Earn Dividends
Business Savings 0.100% 0.100% Monthly $250 - $9,999
  0.200% 0.200% Monthly $10,000 - $99,999
  0.300% 0.300% Monthly $100,000 & over

Business Checking
Effective Date: Thursday, November 15th, 2018
TypeAnnual Percentage Rate (APR)Annual Percentage Yield (APY)Dividends Compounded & CreditedMinimum Balance to Earn Dividends
Business Checking 0.199% 0.200% Monthly $10,000 and over

 

 

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