Some things are just smart, like saving with higher, fixed interest rates. And, it's low risk because your funds are federally insured up to $250,000.00 by the National Credit Union Share Insurance Fund, an agency of the United States Government.
The dividend rate is fixed for the term of the share certificate. Your certificate account will be opened and the dividend will begin to accrue as of the date the application is received pending verification of funds.
All rates are subject to change at any time, without notice.
Call 330-535-3611 for the most current rate information.
|12 Months||Call for current rates||12 Months|
|24 Months||Call for current rates||24 Months|
|* APY - The "Annual Percentage Yield"|
This is the annual rate of interest paid on an account, and reflects the frequency of compounding.
At the credit union, the interest is called a 'Dividend', in reference to our member ownership, but your earnings are reported on your federal income tax on Schedule B, Part 1 Interest.
|Minimum opening deposit $1000.00|
Penalty may be imposed for early withdrawal of share certificates.
Please see Share Certificate Terms & Agreement for more information.
*Home Equity Loans – APR = Annual Percentage Rate. Rates as low as 3.99% for up to 60 months. Actual rate may vary based on credit worthiness and the terms of the loan. Your rate can be higher depending on credit performance. Financing up to 80% of the appraised value of primary residence is available. Rates are subject to change without notice. Home Equity loans currently financed through the credit union may be subject to additional processing fees. For a limited time, FEFCU will pay all processing fees up to $400. Processing fees include appraisal, flood determination, title search, title insurance, mortgage document preparation and recording fees. $400 based on a $43,000 loan on a primary residence located in Summit County. Additional fees may apply based on amount of loan and county in which the primary residence is located. To qualify for the limited time, "Low Fee" special you must draw $30,000 for your first advance for 36 months. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. If you pay-off the loan for any reason within 36 months, a $400 fee reimbursement charge will apply to reimburse processing fees. NMLS ID: 813333
1 - Vehicle Loans – *APR = Annual Percentage Rate. Rates as low as 2.99% for up to 60 months. Actual rate may vary based on credit worthiness, age of vehicle and the terms of the loan. Your rate can be higher depending on credit performance. Financing up to the NADA average retail value of the vehicle is available. Rates are subject to change without notice.
*Vehicle loan gas card – This offer is valid only for loans over $10,000 with a minimum term of 24 months. Loans currently financed with FEFCU are not eligible for this offer.