At NE PA Federal Credit Union, our goal is to help you to get the best rates possible for your individual circumstances, whether for loans or savings.

*APR = Annual Percentage Rate.

# Tiered-Rate Lending:  The Annual Percentage Rate (APR) you receive will be based on your credit worthiness. 

## Refinance your current vehicle loan from another financial institution and, if you qualify, enjoy the great rates listed above for the Used Vehicle Loans. Qualification for refinancing your vehicle loan will depend upon your credit history, remaining term, outstanding debt obligations, and value of vehicle.  We will use "Kelly Blue Book" to determine the value of your vehicle.  The credit union will need a copy of your current installment loan contract, vehicle registration, and loan statement.  Contact a credit union representative for specific rate and/or additional information.   

### The Annual Percentage Rate (APR) for Certificate Secured advances will be the Annual Percentage Yield (APY) being paid on the certificate offered (index) plus 3.25%.

#### The Annual Percentage Rate (APR) for Top Account Share Secured advances will be the Annual Percentage Yield (APY) being paid on the Top Account offered (index) plus 3.25%.

#####The Annual Percentage Rate (APR) for Share Secured advances will be the Annual Percentage Yield (APY) being paid on the Share Account offered (index) plus 3.25%.

Rates are subject to change.

• Vehicle loans with 20% of the purchase price provided as down payment will qualify for a rate reduction of 0.25% APR. In addition, a 0.25% APR discount will be given for repayment through payroll deduction or direct deposit (ACH).

• Minimum Loan: $500.00 except share-secured loan, which is $1,000.00

• The Home Equity Line of Credit has a variable 8.25% Annual Percentage Rate (APR) based on the Wall Street Prime Rate as of June 1, 2023 + 0 (Floor: 3.99% APR, Ceiling: 18.00% APR). HELOC draw period is 10 years with a repayment period of 15 years. Variable rates are subject to change quarterly (on the first business day of January, April, July, and October).
• Interest paid may be tax deductible, consult a tax advisor for guidance.
• The Home Equity Line of Credit is equal to or less than 80% of the loan to value of the home (minus the balance of the first mortgage if applicable).
• Title insurance may be required.

Rates and terms are effective as of July 1, 2023.

*APY = Annual Percentage Yield

**ADB = Average Daily Balance

• The dividend rate and annual percentage yield may change every dividend period. We may change the dividend rate for your account as determined by the credit union board of directors.
• For this account type, the dividend period is monthly.
• Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.
• Minimum balance requirements may apply to receive the listed APY and are listed above for each account.
• Dividends are paid from current income and available earnings, after required transfer to reserves at the end of a dividend period.
• Fees may reduce earnings.

Rates are effective as of July 1, 2023.

*APY = Annual Percentage Yield

• For this account type, the dividend period is monthly.
• Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.
• Minimum balance requirements may apply to receive the listed APY and are listed above for each account.
• You must maintain the applicable average daily balance in your account to obtain the disclosed APY.
• A penalty may be imposed for withdrawals before maturity.
• The APY is based on the assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.
• If your account has an original maturity of less than three years: the penalty that we may impose will be 183 days dividends whether earned or not.
• If your account has an original maturity of three or more years: the penalty that we may impose will be 365 days dividends whether earned or not.
• Jumbo Share Certificates are available for those members that have $100,000.00 or more in share certificates with our credit union within the same account number. For Jumbo Share Certificates, you earn an additional bonus of .05% A.P.Y. on any of our certificate rates listed above.

Rates are effective as of May 16, 2023.