Rates

Loan Rates

Rates effective as of May 24,2016

Rates are subject to change without notice. Membership eligibility required. Fees may reduce earnings. APR= Annual Percentage Rate



Home Equity Loans

Learn more about Home Equity Loans

TermFixed APR* (As Low AS)
Up to 5 Year2.99%
Up to 10 Year3.50%
Up to 15 Year4.25%

Minimum amount to borrow $10,000.00.

*APR = Annual Percentage Rate. No Closing Cost offer dictates the following being paid by Horizon Federal Credit Union: appraisal, title search, recording fees and flood certification. Closing costs must be reimbursed to the credit union if the home equity loan is closed within 3 years. Alternate rates available for loan-to-values of up to 100% of homes value and second lien position. Rates are determined by term, overall credit history, loan-to- value, lien position, account relationship with the credit union and type of property. Conventional stick built residences and double wide manufactured residences only.

Learn more about Home Equity Line of Credit (HELOC)

TermVariable APR* (As low as)
Up to 180 Months 2.75%
This is an adjustable rate based on the Wall Street Journal Prime Rate minus 0.75%

*APR=Annual Percentage Rate. No closing costs as long as the line remains open for 3 years. Rate is adjustable and subject to change quarterly. Rate is based on The Wall Street Journal Prime Rate plus or minus a margin. Margin based on the amount of the credit line, overall credit history, loan-to-value and lien position. Rate quoted is for 70% loan-to-value, first lien position, credit limit of $50,000.00-$100,000.00 and credit score of 720 or higher. Alternate rates for loan-to-value of up to 100% of home's value and/or second lien position are available depending on credit. Rates determined by term, overall credit history, loan-to-value, account relationship with the credit union and type of property. Conventional stick built residences only. Wall Street Journal Prime Rate currently is 3.50%. Last change date was 12/17/2015. Rate cap of 2% per change, 6% life of loan, maximum rate of 16%, Rate Floor of 2.5%. 5 year draw period and repayment period of up to 180 months (depending on balance due at the end of the draw and product selected). 1-4 family, owner occupied residences. Minimum monthly payment during draw is 1% of outstanding balance or $100, whichever is greater.


Vehicle Rates

Learn more about Auto Loans

YearTermFixed APR*(As Low As)
2014-2016Up to 48 Months1.99%
2014-2016Up to 72 Months2.49%
2012-2013Up to 48 Months2.49%
2012-2013Up to 66 months2.99%
2010-2011Up to 36 Months3.75%
2010-2011Up to 60 Months4.15%
Older-2009Up to 36 months5.25%
Older-2009Up to 48 Months5.75%

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, age of vehicle, terms of loan and relationship with credit union.

Boats, Motor Homes, and RV's

Learn more about Boats, Motor Homes and RV's

TermAPR* (As Low As)
Up to 84 months5.49%
Up to 120 months6.00%
Up to 180 months7.00%

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, age of vehicle, terms of loan and relationship with credit union. Loans for collateral older than 10 years are factored at personal/unsecured loan rates.

Other Secured Loans i.e. ATV, Jet Ski, Snowmobiles, etc.

Learn more about Other Secured Loans

YearTermAPR* (As Low AS)
2014-2016Up to 60 months5.49%
2010-2013Up to 48 months5.99%

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, age of vehicle, terms of loan and relationship with credit union. Loans for models earlier than six years are factored at personal/unsecured loan rates.

Personal and Credit Card Loans (MasterCard)

Learn more about Personal Loans

TypeFixed APR*(As Low As)
Up to 12 Months8.99%
Up to 24 Months9.50%
Up to 36 Months10.00%
Up to 48 Months10.50%
Up to 60 Months11.00%
Up to 72 Months11.50%

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, terms of loan and relationship with credit union.



Additional Types of Personal Loans

Type APR* (As Low As)
Personal Line of Credit10.00%
Share Secured3.00% + Share Rate
Certificate Secured3.00% + Certificate Rate

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, terms of loan and relationship with credit union.



Credit Card Loans (MasterCard)

Type APR* (As Low As)
MasterCard10.99%

*APR=Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and can vary based on creditworthiness, terms of loan and relationship with credit union.



Deposit Rates

Rates effective as of May 24, 2016

Rates are subject to change without notice. Membership eligibility required. Fees may reduce earnings. APR= Annual Percentage Rate



Current Share Rates

AccountBalance RequirementsRate*APY
Regular Share$30.00 to $5,000.000.15%0.15%
$5,000.01 to $250,000.000.25%0.25%
Miscellaneous Share0.15%0.15%
Tax0.15%0.15%
Vacation0.15%0.15%
Christmas Club0.15%0.15%
Share Draft0.00%0.00%
Traditional IRA †$30.00 to $250,000.00, IRA rate will be calculated based upon the 24 month Share Certificate Rate 0.50%0.50%

† A substantial penalty may be imposed for early withdrawal. Traditional IRA accounts are insured up to $250,000 by the National Credit Union Administration (NCUA).

Kasasa Cash

Learn more about Kasasa Cash

BalanceRate*APY
$0 - $15,0001.98%2.00%
$15,000+0.25%2.00% - 0.48%
If qualifications not met 0.00%0.00%

*If qualifications are met during a monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to account on the first day of monthly statement cycle; (2) balances up to $15,000 receive APY of 2.0%; and (3) balances over $15,000 earn 0.25% dividend rate on portion of balance over $15,000, resulting in 2.0% - 0.48% APY depending on the balance. If qualifications are not met, all balances earn 0.00% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying check card transactions. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Limit one account per SSN.

Kasasa Saver

Learn more about Kasasa Saver

BalanceRate*APY
$0 - $15,0001.00%1.00%
$15,000+0.25%1.00% - 0.35%
If qualifications not met 0.05%0.05%

*If qualifications in Kasasa Cash or Kasasa Cash Back are met each monthly qualification cycle: (1) balances up to $15,000 in Kasasa Saver receive an APY of 1.0%; and (2) balances over $15,000 in Kasasa Saver earn 0.25% dividend rate on portion of balance over $15,000, resulting in 1.0% - 0.35% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.05% APY. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Limit one account per SSN.

Share Certificates

Learn more about Share Certificates

TermRate*APY
6 Months0.15%0.15%
12 Months0.25%0.25%
18 Months0.45%0.45%
24 Months0.50%0.50%
36 Months0.75%0.75%
48 Months1.00%1.01%
60 Months1.35%1.36%

A penalty may be imposed for early withdrawal of share certificates.