Rates

Loan Rates
Deposit Rates

Loan Rates

effective as of March 1, 2014

*APR=Annual Percentage Rate. Rates shown are base rates. Actual rate will be based on term and individual creditworthiness.

New & Used Auto, Motorcycle

Term

APR*

up to 24 months

2.49%

up to 36 months

2.49%

up to 48 months

2.49%

up to 60 months

2.74%

up to 72 months

2.99%

up to 84 months

3.24%
Boat & RV Loan

Term

APR*

up to 60 months

6.00%

up to 120 months

6.50%

 

 

 

Personal Loan

Borrow Amount

Term

APR*

up to $10,000

up to 48 months

8.00%

Overdraft Protection
Borrow Amount APR*

up to $5,000

15.25%
Share Secured
Borrow Amount Term APR*

100% of available share savings

up to 60 months 2.05%
Home Equity Loans (2nd Mortgages)
Borrow up to $200,000 or 80% CLTV
Description Term APR* (75%CLTV) APR* (80%CLTV)

Fixed Rate

5 years 3.74% 3.99%

Fixed Rate

10 years 4.99% 5.24%

Fixed Rate

15 years 5.49% 5.74%

Fixed Rate

20 years 5.74% 5.79%
 Home Equity Line of Credit
 Borrow up to $200,000 or 75% CLTV
 Description  Terms  APR**
 Variable Rate  15 years  3.25%
*APR=Annual Percentage Rates. Rates for new loans only, available to Pinnacle Members only and are accurate as of January 1, 2014. Loans do not apply to current home equity loans, members will need to reapply for current rates. The rates that we offer may change at any time without notification and is tied to prime. Rates quoted are lowest for qualified applicants. Application is only good for 30 days from date of submission. Loans are only offered for New Jersey, New York or Pennsylvania primary residence properties only. Rates shown is based on CLTV of 75% and 80% and are base rates. The actual interest rate offered is based on our review of your credit history. Maximum borrow amount is $200,000 or up to 80% equity in your home or 75% equity for condominium , whichever is less. There is no application fee or charge. The Credit Union requires that you must carry insurance on the property that secures this plan and you must name Pinnacle Federal Credit Union as loss payee. The current rates for 2nd Mortgages are as low as 3.99% APR for 60 months fixed loan, 5.50% APR for 61 -120 months fixed loan, 6.00% APR for 121-180 months fixed loan and 6.25% APR for 181-240 months fixed loan. Your loan payments will be due monthly and payments will be calculated to pay off the loan balance in approximately equal monthly payments by the maturity date. Your interest rate on a fixed 2nd Mortgage will never change throughout the life of your loan. Pinnacle Federal Credit Union is an Equal Housing Lender. NMLS# 423010.

**Currently a floor rate of 3.25%APR has been established for   the variable rate Home Equity Line of Credit. Minimum Rate is 3.25% APR for 15 year Home Equity Line of Credit for variable loan types. The maximum APR   that may be imposed on any variable rate loan is 16%. There is a 5 year draw   period. During the draw period, payments will be due monthly and payment will   be calculated to pay off the loan balance in approximately equal monthly   payments by the maturity date. The interest will begin to accrue when money   is taken from the line of credit. Initial and subsequent advance amounts of   $500 are required. For variable rate loans, the rate will change quarterly   based on the prime rate from the Wall Street Journal as of the 15th of the   month before the change date. Your loan payments will be due monthly and   payments will be calculated to pay off the loan balance in approximately   equal monthly payments by the maturity date. Your interest rate on a fixed   2nd Mortgage will never change throughout the life of your loan.

 


Deposit Rates

Savings, Money Market, and Checking Rates effective as of November 1, 2013. Share Certificate Rates effective as of March 7, 2014.

Savings Products

Rate

APY

Balance to Earn APY

Share Savings

0.05%

0.05%

$5.00

Youth Savings

0.05%

0.05%

$5.00

Holiday Club

0.05%

0.05%

$100.00

Vacation Club

0.05%

0.05%

$100.00

IRA Share Savings

0.05%

0.05%

$50.00

Money Market Products

Rate

APY

Balance to Earn APY

Money Market Investment

0.075%

0.075%

$1,000

Money Market Investment

0.075%

0.075%

$2,500

Money Market Investment

0.10%

0.10%

$5,000

Money Market Investment

0.10%

0.10%

$10,000

Money Market Investment

0.15%

0.15%

$20,000

Money Market Investment

0.15%

0.15%

$50,000

Money Market Gold

0.20%

0.20%

$20,000

Money Market Gold

0.20%

0.20%

$50,000

Money Market Gold

0.20%

0.20%

$75,000

 

 

 

Share Certificates Products

Rate

APY

Balance to Earn APY

6 Month Certificate

0.20%

0.20%

$500

12 Month Certificate

0.25%

0.25%

$500

18 Month Certificate

0.30%

0.30%

$500

24 Month Certificate

1.02%

1.02%

$500

24 Month YOUTH Certificate*

1.02%

1.02%

$500

36 Month Certificate

0.60%

0.60%

$500

48 Month Certificate

0.75%

0.75%

$500

60 Month Certificate

1.61%

1.61%

$500

Checking Products

Rate

APY

Balance to Earn APY

Classic Checking

N/A

N/A

N/A

Premier Checking

0.05%

0.05%

$500

Premier 55 Checking

0.05%

0.05%

$1

Business Checking

N/A

N/A

N/A

APY=Annual Percentage Yield. Savings, Money Market, and Checking Rates effective as of November 1, 2013. Share Certificate Rates effective as of March 7, 2014. For account terms and conditions, please contact a Credit Union Representative or see our Truth-In-Savings and Fee Schedule. Fees may reduce earnings. Rates may change without notification. Pinnacle FCU is not responsible for typographical errors.