Rates

Loan Rates

Rates effective as of October 23, 2018

Home Equity Loans

Learn more about Horizon Home Equity Loans.

Term Fixed APR*
Up to 5 Years As low as
4.24%
Up to 10 Years As low as
4.75%
Up to 15 Years As low as
5.50%

Minimum amount to borrow $10,000.00.

*APR = Annual Percentage Rate. No Closing Cost offer dictates the following being paid by Horizon: 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.

Home Equity Line of Credit (HELOC)

Learn more about a Horizon Home Equity Line of Credit.

Term Variable APR*
Up to 180 Months

This is an adjustable rate based on the Wall Street Journal Prime Rate minus 0.75%

As low as
4.50%

*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 5.25%. Last change date was 10/3/2018. 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 Loans

Learn more about Horizon Vehicle Loans.

Term Fixed APR*
Up to 48 Months As low as
3.74%
Up to 60 Months As low as
4.00%
Up to 72 Months As low as
4.45%
Up to 84 Months As low as
5.50%

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

Recreational Vehicles & Equipment

Learn more about Horizon Recreational Vehicle & Equipment loans.

Term APR*
Up to 48 Months As low as
6.49%
Up to 84 Months As low as
7.00%
Up to 120 Months As low as
7.50%
Up to 180 Months As low as
8.50%

*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 loan rates.

Personal Loans

Learn more about Horizon Personal Loans.

Type APR*
Up to 12 Months As low as
9.49%
Up to 24 Months As low as
10.00%
Up to 36 Months As low as
10.50%
Up to 48 Months As low as
11.00%
Up to 60 Months As low as
11.50%
Up to 72 Months As low as
12.00%

*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.

Other Loans

Type APR*
Personal Line of Credit As low as
10.00%
Share Secured As low as
3.00% + Share Rate
Certificate Secured As low as
3.00% + 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 Cards

Learn more about Horizon Credit Cards.

Type APR*
MasterCard As low as
10.99%

*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 October 18, 2018

Savings Rates

Loan more about Horizon Savings Accounts.

Account Rate APY*
Membership Savings/Share ($30.00 to $5,000.00) 0.15% 0.15%
Membership Savings/Share ($5,000.01 to $250,000.00) 0.25% 0.25%
Miscellaneous Savings 0.15% 0.15%
Tax 0.15% 0.15%
You Name It Saver(s) 0.15% 0.15%
Holiday Club 0.15% 0.15%
Traditional IRA ($30.00 to $250,000.00) 0.50% 0.50%

*APY = Annual Percentage Yield
† 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).† 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).

Horizon Saver

Balance Rate* APY
$0 - $25,000 0.75% 0.75%
$25,000.01 - $100,000.00 1.00% 1.00%
$100,000.00+ 1.50% 1.50%
Qualifications not met 0.40% 0.40%

*APY = Annual Percentage Yield.  If qualifications in Horizon Saver is met each monthly qualification cycle: earn rates as outlined above in the rate table.  If monthly qualification cycle is not met, earn the qualifications not met rate.  "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.  Ask a Horizon professional for more terms and qualifications.

Certificates

Learn more about Horizon Certificates.

Term Rate* APY
12 Months 1.50% 1.51%
18 Months 1.75% 1.76%
24 Months 2.00% 2.02%
36 Months 2.25% 2.27%
48 Months 2.30% 2.32%
60 Months 2.35% 2.37%

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

Money Market Rates

Learn more about Horizon Money Market Accounts.

Account Balance APY*
$0.01-$50,000 0.45%
$50,000.01-$150,000 0.85%
$150,001+ 1.00%

*APY=Annual Percentage Yield

Checking Rates

Rates effective as of October 18, 2018

Learn more about Horizon Checking.

Reward Checking

Balance Rate APY*
$0.00 - $25,000.00 2.49% 2.50%
$25,000.00+ 0.25% 2.50% - 0.70%
If qualifications not met 0.00% 0.00%

*APY=Annual Percentage Yield. APYs accurate as of 10/10/18. Rates may change at any time. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 2.50%; and (3) balances over $25,000 earn 0.25% dividend rate on portion of balance over $25,000, resulting in 2.50% - 0.70% 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.

Advantage Checking

Balance Rate APY*
$0.00 - $25,000.00 3.44% 3.50%
$25,000.00+ 0.50% 3.50% - 0.50%
If qualifications not met 0.00% 0.00%

*APY=Annual Percentage Yield. APYs accurate as of 10/10/18. Rates may change at any time. If qualifications are met each monthly qualification cycle: (1) balances up to $25,000 receive APY of 3.50%; and (2) balances over $25,000 earn 0.50% dividend rate on portion of balance over $25,000, resulting in 3.50% - 0.75% 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.

Rates are subject to change without notice. Membership eligibility required. Fees may reduce earnings.