Loan & Deposit Rates
Loan Rates
Rates effective as of October 1, 2024
New & Used Auto Loan
Rates for new and used autos, motorcycles, boats, or recreational vehicles are the same.
| Term | APR |
|---|---|
| 61 - 84 Months | 7.49% - 17.95% |
| 60 Months or Less | 7.24% - 17.49% |
| 60 Months, Other Collateral: 4 Wheelers, ATVs, equipment, UTV's, and utility trailers | 9.24% - 17.95% |
- 2023 and newer: maximum term 84 months
- Used 2020-2022: maximum term 75 months
- Used 2019: maximum term 66 months
- Used 2018: maximum term 60 months
- Used 2017: maximum term 54 months
- Used 2016: maximum term 48 months
- Older: maximum term 42 months
High-mileage vehicles qualify at shorter terms.
Recreational vehicles, boats, and motorhomes with terms longer than 72-75 months follow the rate structure above with an additional 0.25% for every additional 12 month period.
Extended terms are allowed with a maximum term of 120 months. Each 12 month increase in term adds an additional .25% over the stated 72-75 month term above.
Street-legal motorcycles follow the auto term rates listed above. All non-street-legal motorcycles have a maximum term of 48 months.
Signature Loan
| Account Purpose | Repayment Period | APR |
|---|---|---|
| Loan (12 - 60 Mo.) | 12 - 60 Months | 11.00% - 17.50% |
Flex Line
| Account Purpose | Repayment Period | APR |
|---|---|---|
| Loan (12 - 60 Mo.) | 12 - 60 Months | 8.00% - 17.00% |
Credit Card
*The standard variable APR is U.S. Prime plus 5.75% - 17.95% based on creditworthiness. Rates are variable and subject to change at any time at Union Square Credit Union’s discretion.
Annual Percentage Rate (APR) may change at any time as determined by Union Square Credit Union Board of Directors. Rates reflect a low to high range based on loan term. Lower rates in each range apply to well qualified applicants. Normal credit criteria apply to all applicants. Credit history is one criterion upon which rates are based.
Deposit Account Rates
Rates effective as of December 11, 2024
Share Certificates (CDs)
| Term | Dividend Rate | APY |
|---|---|---|
| 91 Days | 2.85% | 2.891% |
| 6 Months | 4.15% | 4.250% |
| 1 Year | 4.20% | 4.289% |
| 18 Months | 2.95% | 2.994% |
| 2 Years | 3.75% | 3.821% |
| 3 Years | 3.25% | 3.303% |
| 4 Years | 3.25% | 3.303% |
| 5 Years | 3.25% | 3.303% |
Money Market
| Balance | Dividend Rate | APY |
|---|---|---|
| $2,500.00 - $25,000.00 | 1.00% | 1.01% |
| $25,000.01 - $100,000.00 | 1.25% | 1.26% |
| $100,000.01 - $500,000.00 | 1.50% | 1.51% |
| $500,000.01 and above | 1.75% | 1.76% |
HSA Checking
| Account Balance | Dividend Rate | APY |
|---|---|---|
| $0 to $5,000 | 0.15% | 0.15% |
| Over $5,000 | 0.15% | 0.15% |
Annual Percentage Yield (APY) and dividend rates (Annual Percentage Rate/APR) may change at any time as determined by Union Square Credit Union Board of Directors.
Minimum balance requirements to open:
- Share Account - $25
- Money Market Account - $2,500
- Share Certificates (CDs) - $500 for 1 year share certificate (CD), $1,000 for all other terms. Minimum balance to obtain the advertised rate - $500 for 1 year share certificate (CD), $1,000 for all other terms.
Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) – Member term accounts will be subject to early withdrawal penalties amounting to 3% of the total withdrawal amount.
In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.
Withdrawal of dividends prior to maturity - the annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.