Personal Loans

Share Account Rates and Service Fees

Share Account Rates
Quarter Ending 3/31/23
Account Type Div. Rate APY
Share Account 0.20% 0.20%
IRA Share Account 0.20% 0.20%
Term Share Certificate Call for Current Rate **

Early withdrawal from Term Share Certificates may affect Dividends.
** Term Share Certificate Rates change monthly
Share Dividend Rates are subject to change
APY – Annual Percentage Yield
APR – Annual Percentage Rate

Service Fees
Description Fee
Check Return/Redeposit $25.00
Dormant Account: after return of 3 statements $5/qtr
Dormant Account Closing $10
Stop Payment $20.00
2nd or 3rd party check (3+) $5.00
Statement Copy Request $5.00
Credit Report Fee $20.00

Home Mortgages at HCEFCU

GREAT RATES Now offering 30 Year Terms! 80 % LTV (Loan amount to Value of Property)
For Mortgage Loan information please call our office 410-461-2257.

Personal/Signature Loans

Until further notice, the following Personal/Signature rates will be in effect according to the following terms:

Signature Loan
$1,001—$ 10,000
11.99% APR 13.99% APR 14.99% APR
Up to 36 months Up to 36 months Up to 36 months
$ 33.21 $ 34.17 $ 34.66
Monthly payment per $1,000
*Depending on credit history
Platinum Loan
10.99% APR
Up to 5 years
Monthly payment per $1,000
Must have an Equifax credit score of 680+

No Credit Loan
15.00% APR
12 month term
Monthly payment per $1,000
For those with no credit history


Honey Pot Money Loan
13.90% APR
5 month term
Monthly payment
– applicants for this loan option may only be approved for this loan once during a 12 month period
– credit history will not deter an applicant from being approved
– debit to income ratio to be no more than 50% required
– available after April 1, 2021

Other Personal Loans

Existing loans with Howard County Education FCU are not eligible to be refinanced through Howard County Education FCU. Rates Effective 8/1/2022 and are subject to change without notice.

$1,001—$ 6,000
10.99% APR 12.99% APR 13.99% APR
Up to 30 months Up to 30 months Up to 30 months
$ 38.28 $ 39.23 $ 39.70
Monthly payment per $1,000
Now available year round
Back to School
9.99% APR
12 months
Monthly payment per $1,000
Now available year round
Home Improvements
up to $10,000
10.99% APR
48 months
Monthly payment per $1,000
must have an Equifax credit score of 680+
Up to $10,000
8.50% APR
Up to 4 years
Monthly payment per $1,000

New Beginnings Loans

New Beginnings
17.99% APR
12 months
Monthly payment per $1,000

Payments must be made through payroll deductions or ACH.

Beginning August 1, 2018 you must be a member of the credit union for at least 6 months to apply for the New Beginnings Loan

Second Beginnings
16.99% APR
18 months
Monthly payment per $1,000
For members who have successfully completed paying off a New Beginnings Loan. No late payments on previous or current NB Loan. If one NB has been paid off & have a current NB loan the current loan can be refinanced up to the $1800 limit at the new rate. Must be an ACH or payroll deduction payment.
New Beginnings Auto
Up to $20,000
15.99% APR
60 months
Monthly payment per $1,000
6 months of good payment history with NB Loan or 6 months CU member in good standing. Payment must be made through payroll deductions or ACH. Models 2017 and newer only.