Rates
Loan Rates
| New / Used Autos & Street Bikes (225 CC or Higher) | ||
| Effective Date: 02/16/2023 | ||
| Term | Annual Percentage Rate | Sample Payment Amount monthly per $1,000 borrowed based on maximum term |
| 0 - 60 months | 5.50% APR | $19.11 |
| 61-72 months | 5.75% APR | $16.46 |
| 73-84 months | 6.25% APR | $14.74 |
| 85-96 months | 7.00% APR | $13.64 |
| 97-108 months | 7.50% APR | $12.71 |
| 109-120 months | 8.00% APR | $12.14 |
| APR = Annual Percentage Rate | The APR you receive is based on your credit worthiness and the term of your loan | ||
| *These rates are subject to change depending on the year of the vehicle. | ||
| Secured Toy Loans | ||
| Effective Date: 02/16/2023 | ||
| Term | Annual Percentage Rate | Sample Payment Amount monthly per $1,000 borrowed based on maximum term |
| 0 - 60 months | 6.00% APR | $19.34 |
| 61 - 72 months | 6.25% APR | $16.70 |
| 73-84 months | 6.50% APR | $14.86 |
| 85-96 months | 6.75% APR | $13.52 |
| 97-108 months | 7.00% APR | $12.52 |
| 109-120 months | 7.25% APR | $11.75 |
| APR = Annual Percentage Rate | The APR you receive is based on your credit worthiness and the term of your loan | ||
| *120 months has a $30,000 minimum purchase price. | ||
| Unsecured Loans - We Can Help! | ||
| Effective Date: 02/16/2023 | ||
| $35.00 processing fee | ||
| Term | Annual Percentage Rate | Sample Payment Amount monthly per $1,000 borrowed based on maximum term |
| 0 - 36 months | 9.50% APR | $32.05 |
| 37 - 48 months | 10.50% APR | $25.62 |
| 49 - 60 months | 11.50% APR | $22.01 |
| 61-72 months | 13.75% APR | $20.49 |
| PR = Annual Percentage Rate | The APR you receive is based on your credit worthiness and the term of your loan | ||
| Buck$ and Dough "No Credit Check" Loan Special | |||
| Effective Date: Oct. 1 thru Dec. 30 | |||
| Term | Interest Rate / APR* | Application Fee | Sample Payment Amount monthly per $1,100 borrowed based on maximum term |
| 11 months | 18% / 24.46% | $35.00 | $109.14 |
| $1,500 maximum limit available to Members whom have successfully paid off their Buck$ and Dough Loan from last year's promotion. | |||
| *APR = Annual Percentage Rate | No other discounts apply | |||
| LOAN SPECIAL REQUIREMENTS | |||
| 1. Provide 4 months verifiable full direct deposit | |||
| 2. Be in good standing with COPOCO CCU for the previous 4 months | |||
| 3. Make loan payment using Auto Transfer | |||
Deposit Rates
| Certificate Account Rates | |||
| Effective Date: 02/16/2023 | |||
| Term | Min. Deposit | Annual % Yield | Annual % Rate |
| 7 Month SPECIAL | $1,000.00 | 4.00 APY | 4.00 APR |
| New Money Only | Renews at maturity to effective rate for 7 Mo Certificate | Early Withdrawal Penalty will be $35 or 180 days interest whichever is greater. | |||
| 18 Month SPECIAL | $50,000.00 | 5.00 APY | 5.00 APR |
| New Money or 50% ($25,000) funds on deposit at COPOCO CCU | Renews at maturity to effective rate for 18 Mo Certificate | Early Withdrawal Penalty will be 180 days dividends. | |||
3 Month |
$1,000.00 | 0.10 APY | 0.10 APR |
6 Month Money Market |
$2,500.00 | 1.00 APY | 1.00 APR |
9 Month |
$2,500.00 | 0.20 APY | 0.20 APR |
1 Year |
$500.00 | 2.50 APY | 2.50 APR |
1 Year Youth |
$50 / $5 adds | 2.50 APY | 2.50 APR |
18 Month |
$500.00 | 0.35 APY | 0.35 APR |
24 Month** |
$5,000.00 | 1.40 APY | 1.40 APR |
| **Your 24 month certificate will not automatically renew if a penalty-free withdrawal taken during the 24 month term has caused the certificate's maturing balance to be less than $5,000. In such case you will have the 10 day grace period to return the balance to the minimum opening balance of $5,000 or the certificate will redeem to your share account. | |||
36 Month |
$1,000.00 | 0.60 APY | 0.60 APR |
48 Month*** |
$5,000.00 | 0.65APY | 0.65 APR |
| ***A one-time increase (bump-up) of the interest rate is allowed during the certificate term. See 48 month Term Share Certifcate disclosure for specific details. | |||
| 5 Year | $500.00 | 1.75APY | 1.75APR |
| IRA Certificate Rates | |||
| Effective Date: 02/16/2023 | |||
| Term | Min. Deposit | APY* | Dividend Rate |
| 1 Year Traditional | $1,000.00 | 2.50 APY | 2.50 APR |
| 5 Year Traditional | $1,000.00 | 1.75 APY | 1.75 APR |
| 1 Year Roth | $1,000.00 | 2.50 APY | 2.50 APR |
| 5 Year Roth | $1,000.00 | 1.75 APY | 1.75 APR |
| IRA Certificates: No adds | 3 month penalty | Automatic renewal | Dividends Compound | |||
| *APR = Annual Percentage Rate | APY = Annual Percentage Yield | Rates subject to change without notice | |||
| Fees may reduce the earnings on account | Early withdrawal penalty will or may be imposed | |||
| Savings Rates | ||
| Effective Date: 01/01/2023 | ||
| APY* | Dividend Rate | |
| A minimum balance of $5.00 is required to obtain APY on Savings / Primary Share Accounts | Rates are subject to change without notice as determined by the Credit Union Board of Directors | ||
| Prospective rates for the 4th quarter ending December 31, 2022 & posting January 1, 2023 are: | ||
| Primary Share (savings) Minimum Balance = $5.00 | 0.01 APY | 0.01 APR |
| Checking / Share Draft | 0.00 APY | 0.00 APR |
| Open Share IRA | 0.25 APY | 0.25 APR |
| Escrow / Sub Share | 0.01 APY | 0.01 APR |
| Premier Business Account | $10,000 minimum daily balance required | 0.10 APY | 0.10 APR |
| *APR = Annual Percentage Rate | APY = Annual Percentage Yield | ||
| Christmas Club | 0.01 APY | 0.01 APR |
Fees can reduce the earnings on share accounts
Certificate rates are subject to change on a daily basis and not all compound interest.
All rates subject to change without notice as determined by the Credit Union Board of Directors