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) PROFESSIONAL LOCAL SERVICE, A VARIETY OF LOANS TO SUIT YOUR NEEDS 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
$10,001—$20,000
10.99% APR
Up to 5 years
$21.74
Monthly payment per $1,000
Must have an Equifax credit score of 680+
No Credit Loan
$1,200
15.00% APR
12 month term
$90.24
Monthly payment per $1,000
For those with no credit history
Honey Pot Money Loan
$500
13.90% APR
5 month term
$103.52
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.
Vacation
$1,001—$ 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
$1500
9.99% APR
12 months
$87.93
Monthly payment per $1,000
Now available year round
Home Improvements
up to $10,000
10.99% APR
48 months
$25.85
Monthly payment per $1,000
must have an Equifax credit score of 680+
Tuition
Up to $10,000
8.50% APR
Up to 4 years
$24.65
Monthly payment per $1,000
New Beginnings Loans
New Beginnings
$1200
17.99% APR
12 months
$91.65
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
$1,800
16.99% APR
18 months
$63.31
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
$24.32
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.