Rates
Rates
Personal Deposit Rates
Savings Accounts
| Account Type | Rate | APY* | Min. Deposit To Open |
|---|---|---|---|
| Select Savings Account† | 0.90% | 0.90% | $1 |
| Money Market Account‡ | 2.00% | 2.01% | $500 |
* APY: Annual Percentage Yield
† Dividend rate applies to accounts with minimum opening deposit of $1 and minimum account balance of $1. Dividends are compounded daily and paid monthly. Funds may be used as collateral for lending.
‡ Minimum opening balance is $500. APY of 2.01% is paid on balances of $500 or above. For balances that fall below the minimum balance requirement, the APY is 0.00%. Dividends are compounded daily and paid monthly. Funds may be used as overdraft coverage for Civic Business Checking Accounts. Dividend rates subject to change at the discretion of the Board of Directors. See our Truth-in-Savings Disclosure for more information at civicfcu.org/disclosures.
Personal Deposit Rates
Checking Accounts
| Account Type | Rate | APY* | Min. Deposit To Open |
|---|---|---|---|
| Bonus Checking Account (Qualified) † | 1.00% | 1.01% | $5 |
| Bonus Checking Account (Unqualified) | 0.15% | 0.15% | $5 |
* APY: Annual Percentage Yield
† 1.01% APY = Annual Percentage Yield. Applies to member accounts incurring 20 debit card purchases per month, excluding ATM withdrawals and automatic account drafts. Purchases and/or transactions may take up to two business days from transaction date to post to the account. Upon qualifying, the 1.01% APY dividend will be applied to your average daily account balance during the following month up to $10,000. Balances in excess of $10,000 will earn dividends at the current available rate. Minimum opening deposit for the Civic Bonus Checking Account is $5. For members making less than 20 qualified purchases per month, dividend rate is 0.15%.
Personal Deposit Rates
CHOICE Certificates
| Account Type | Rate | APY* | Term | Min. Deposit To Open |
|---|---|---|---|---|
| Choice Certificate | Rates and terms vary based on Certificate chosen | $500 | ||
| Choice Certificate 18 | 5.50% | 5.55% | 12-18 months | $500 |
| Choice Certificate 24 | 4.80% | 4.85% | 19-24 months | $500 |
| Choice Certificate 36 | 4.00% | 4.06% | 25-36 months | $500 |
| Choice Certificate 48 | 4.20% | 4.27% | 37-48 months | $500 |
| Choice Certificate 60 | 4.50% | 4.58% | 49-60 months | $500 |
Dividend Rates Information
Dividend rates on shares have been set subject to the availability of funds. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Depending on options chosen, most accounts have modest service charges that could reduce net earnings. There is a penalty for early withdrawal from certificates. The dividends on all accounts except certificates are variable and may change at preset intervals after the account is opened. All depository services compound dividends daily, except Share Term Certificates. Initial/opening rates are subject to change without notice.
Minimum opening deposit is $500. Share term certificates are fixed-rate accounts. Dividends are compounded monthly and paid monthly. Dividends may be disbursed at maturity or rolled back into the certificate account. Funds may be used as collateral for a Civic loan. Rates are subject to change daily at the discretion of the Board of Directors.
* APY: Annual Percentage Yield
Personal Loan Rates
Credit Cards
| Account Type | APR * |
|---|---|
| Rewards Credit Card | As low as 14.00% |
| Secured Credit Card | As low as 14.00% |
| Classic Credit Card | As low as 11.25% |
Rates and credit limit are evaluated based on member’s credit history; rates are subject to change without notice.
* APR: Annual Percentage Rate
Personal Loan Rates
Personal Loans
| Account Type | APR * |
|---|---|
| Personal Loan | As low as 9.50% |
| Personal Line of Credit | As low as 11.25% |
| Emergency Loan | As low as 14.00% |
Rates and credit limit are evaluated based on member’s credit history. As lows as rate indicates .50% discount for using auto debit from a Civic deposit account for Personal Loan and Personal Line of Credit.
* APR: Annual Percentage Rate
Personal Loan Rates
Vehicle Loans
| Loan Type | APR * | Term |
|---|---|---|
| New Auto | As low as 5.99% | Up to 72 months |
| New Auto | As low as 6.24% | 73-96 months |
| Used Auto | As low as 5.99% | Up to 72 months |
| Used Auto | As low as 6.24% | 73-84 months |
Rates are evaluated based on member's credit history. Rates are subject to change without notice. As low as rate indicates .25% discount for using auto debit from a Civic deposit account.
*APR = Annual Percentage Rate.
Personal Loan Rates
HELOC
| Account Type | APR * |
|---|---|
| Home Equity Line of Credit (Traditional) | As low as 8.25% |
| Home Equity Line of Credit (Interest-only) | As low as 8.75% |
Rates are evaluated based on member's credit history. Rates are subject to change without notice. All applicants must meet underwriting criteria. Loan or line amount may be up to 90% less the amount owed on outstanding mortgages, if any.
*APR = Annual Percentage Rate. The APR for a Traditional or Interest-Only Civic Federal Credit Union Home Equity Line of Credit is variable during the draw period and based on Prime Rate as published in the Wall Street Journal, ten days before the end of the prior month (called the “Index”), plus a margin. The margin starts at 1% APR. Your margin will be determined by several factors including but not limited to your credit qualifications, combined loan-to-value and loan amount. The maximum APR for a home equity line of credit is 18%. Rates are subject to change daily. Civic membership must be established prior to scheduled closing.
Business Deposit Rates
| Account Type | Rate | APY* | Min. Deposit To Open |
|---|---|---|---|
| Business Savings Account† | 0.25% | 0.25% | $1 |
| Business Money Market Account‡ | 2.75% | 2.76% | $500 |
| Civic Nonprofit Money Market◊ | 3.00% | 3.01% | $500 |
* APY: Annual Percentage Yield
† Dividend rate applies to accounts with minimum account balance of $1. Dividends are compounded daily and paid monthly.
‡ Minimum opening balance is $500. Annual Percentage Yield of 2.76% is paid on balances of $500 or above. For balances that fall below the minimum balance requirement, the APY is 0.00%. Dividends are compounded daily and paid monthly. Funds may be used as overdraft coverage for Civic Business Checking Accounts. Dividend rates subject to change at the discretion of the Board of Directors. See our Truth-in-Savings Disclosure for more information at civicfcu.org/disclosures.
◊ Minimum opening balance is $500. APY of 3.01% is paid on balances of $500 or above. For balances that fall below the minimum balance requirement, the APY is 0.00%. Dividends are compounded daily and paid monthly. Funds may be used as overdraft coverage for Civic Business Checking Accounts. Dividend rates subject to change at the discretion of the Board of Directors. See our Truth-in-Savings Disclosure for more information at civicfcu.org/disclosures.
Business Deposit Rates
Checking Accounts
| Account Type | Rate | APY* | Min. Deposit To Open |
|---|---|---|---|
| Business Checking Account | 0.15% | 0.15% | $5 |
| Nonprofit Checking Account | 0.15% | 0.15% | $5 |
* APY: Annual Percentage Yield
Business Deposit Rates
Business Choice Certificates
| Account Type | Rate | APY* | Term | Min. Deposit To Open |
|---|---|---|---|---|
| Business Choice Certificate† | Rates and terms vary based on Certificate chosen | $500 | ||
| Business Choice Certificate 18 | 4.00% | 4.04% | 12-18 months | $500 |
| Business Choice Certificate 24 | 4.05% | 4.10% | 19-24 months | $500 |
| Business Choice Certificate 36 | 3.95% | 4.00% | 25-36 months | $500 |
| Business Choice Certificate 48 | 4.15% | 4.21% | 37-48 months | $500 |
| Business Choice Certificate 60 | 4.35% | 4.41% | 49-60 months | $500 |
Dividend Rates Information
Dividend rates on choice certificates have been set subject to the availability of funds. Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Depending on options chosen, most accounts have modest service charges that could reduce net earnings. There is a penalty for early withdrawal from certificates. The dividends on all accounts except certificates are variable and may change at preset intervals after the account is opened. All depository services compound dividends daily, except Choice Certificates. Initial/opening rates are subject to change without notice.
* APY: Annual Percentage Yield
† Minimum opening deposit is $500. Choice certificates are fixed-rate accounts. Dividends are compounded monthly and paid monthly. Dividends may be disbursed at maturity or rolled back into the certificate account. Funds may be used as collateral for a Civic loan. Rates are subject to change daily at the discretion of the Board of Directors.