Rates effective as of 03/20/2020. Rates may change after accounts are opened. Fees may reduce earnings. APY = Annual Percentage Yield. Loan product rates effective as of 03/02/2020.
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Personal Checking
Kasasa Cash* Learn More
| Balance | Dividend Rate | APY |
|---|---|---|
| 0 - $10,000 | 1.49% | 1.50% |
| $10,000+ | 0.15% | 1.50% to 0.15% |
| All balances if qualifications not met | 0.05% | 0.05% |
Qualifications
Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
- Have at least 12 debit card purchases post and settle
- Be enrolled in and agree to receive e-statements
- Be enrolled in and log into online banking
If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
Priority Choice Checking Learn More
| Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|
| $2,000.00 and under | 0.10% | 0.10% |
| $2,000.01 and above | 0.25% | 0.25% |
Variable Rate Product. These rates may change at any time after account opening.
Money Manager Checking Learn More
| Minimum Balance to Open | Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|---|
| $50 | $0 - $10,000.00 | 0.15% | 0.15% |
| $50 | $10,000.01 - $25,000.00 | 0.25% | 0.25% |
| $50 | $25,000.01 - $100,000.00 | 0.35% | 0.35% |
| $50 | $100,000.01 and above | 0.45% | 0.45% |
The minimum balance required to open this account is $50.00. Service fees may be incurred on Money Manager accounts if the account balance falls below the required minimum daily balance of $1,000.00. Incurred fees may reduce earnings. $1,000.00 minimum balance is required to avoid the minimum balance service fee on the Money Manager account.
Business Checking
Basic Business Checking Learn More
| Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|
| $0.01 - $50,000.00 | 0.01% | 0.01% |
| $50,000.01 - $100,000.00 | 0.05% | 0.05% |
| $100,000.01 and above | 0.10% | 0.10% |
Dividend rates and fees are effective as of the date stated and are subject to change without notice.
Business Checking II Learn More
| Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|
| $0.01 - $50,000.00 | 0.01% | 0.01% |
| $50,000.01 - $100,000.00 | 0.05% | 0.05% |
| $100,000.01 and above | 0.10% | 0.10% |
Dividend rates and fees are effective as of the date stated and are subject to change without notice.
Business Checking Exempt Learn More
| Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|
| $0.01 - $50,000.00 | 0.01% | 0.01% |
| $50,000.01 - $100,000.00 | 0.05% | 0.05% |
| $100,000.01 and above | 0.10% | 0.10% |
Dividend rates and fees are effective as of the date stated and are subject to change without notice.
Personal Savings
Savings Accounts Learn More
| Product | Minimum Balance | Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|---|---|
| Share Savings | The minimum required to open a share savings account is the purchase of a share in the credit union.1 | $50 Minimum | 0.10% | 0.10% |
| Youth Savings Challenge Club2 |
$0.00 - $500.003 $500.01 and above3 |
N/A N/A |
4.89% 0.10% |
5.00% 0.10%-5.00% |
| IRA Traditional Club | N/A | N/A | 0.50% | 0.50% |
| IRA Roth Club | N/A | N/A | 0.50% | 0.50% |
| IRA Education Club | N/A | N/A | 0.50% | 0.50% |
| Holiday Club | N/A | N/A | 0.10% | 0.10% |
| Other Clubs | N/A | N/A | 0.10% | 0.10% |
Variable Rate Product- These rates may change at any time after account opening.
1The minimum required to open a share savings account is the purchase of a share in the credit union. If the account is closed within 90 days of opening, a $5.00 closed account fee will be assessed. You must maintain a minimum daily balance of $50.00 in your account to avoid a minimum balance fee. If, during any monthly statement cycle, your account balance falls below the required minimum daily balance, your account will be subject to a minimum balance fee of $4.00 for that monthly statement cycle. This fee will not apply to accounts for minors (persons under 18 years of age). This fee will not apply if an account holder has an open and active sub-account such as a loan, Home Equity Line Of Credit Gold Credit Card, share draft checking, IRA or term share certificate. You must maintain a minimum average daily balance of $50.00 in your account to obtain the disclosed annual percentage yield. If a share savings or club account is closed before dividends are paid, accrued dividends will be forfeited.
2One Club per social security number, ages 17 and under.
3Club Account balances up to $500 receive APY of 5.00%; and balances over $500 earn APY of .10% on the portion of balance over $500, resulting in a range from 0.10% to 5.00% APY depending on the account’s balance.
Rates subject to change without notice.
Business Share Savings
Business Share Savings Learn More
| Minimum Balance | Avg. Daily Balance | Dividend Rate | APY |
|---|---|---|---|
| $50.00 | N/A | 0.10% | 0.10% |
Share Certificates
Share Certificates Learn More
| Term | Min. Balance Requirement | Dividend Rate | APY |
|---|---|---|---|
| 3-5 month | $500 | 0.15% | 0.15% |
| 6-11 month | $500 | 0.15% | 0.15% |
| 12 month | $500 | 0.80% | 0.80% |
| 24 month | $1,500 | 1.00% | 1.00% |
| 48 month | $1,500 | 0.75% | 0.75% |
| 60 month | $1,500% | 1.00% | 1.00% |
*APY = Annual Percentage Yield.
Penalties may be incurred for early withdrawal of term share certificates.
Priority Choice Share Draft Checking, Money Manager Checking, Kasasa Cash Checking, or Kasasa Cash Back Checking membership entitles participants to receive an additional 1/4% bonus dividend. See Priority Choice Share Draft Checking, Money Manager, Kasasa Cash, or Kasasa Cash Back for details. Rates are based upon credit union participation.
Term Share Certificates qualify as Jumbo if the opening certificate amount is $100,000 or more.
Premier Share Draft Membership or Jumbo Certificate
| Term | Min. Balance Requirement | Dividend Rate | APY |
|---|---|---|---|
| 3-5 months | $500 | 0.40% | 0.40% |
| 6-11 months | $500 | 0.40% | 0.40% |
| 12 months | $500 | 1.05% | 1.05% |
| 24 months | $1,500 | 1.24% | 1.25% |
| 48 months | $1,500 | 1.00% | 1.00% |
| 60 months | $1,500% | 1.24% | 1.25% |
Penalties may be incurred for early withdrawal of term share certificates.
Priority Choice Share Draft Checking, Money Manager Checking, Kasasa Cash Checking, or Kasasa Cash Back Checking membership entitles participants to receive an additional 1/4% bonus dividend. See Priority Choice Share Draft Checking, Money Manager, Kasasa Cash, or Kasasa Cash Back for details. Rates are based upon credit union participation.
Term Share Certificates qualify as Jumbo if the opening certificate amount is $100,000 or more.
Traditional & Roth IRA Certificates
Traditional & Roth IRA Certificates Learn More
| Term | Min. Balance Requirement | Dividend Rate | APY |
|---|---|---|---|
| 12 month | $2,000 | 0.85% | 0.85% |
| 36 month | $2,000 | 1.24% | 1.25% |
| 48 month | $2,000 | 1.49% | 1.50% |
Penalties may be incurred for early withdrawal of term share certificates.
Priority Choice Share Draft Checking, Money Manager Checking, Kasasa Cash Checking, or Kasasa Cash Back Checking membership entitles participants to receive an additional 1/4% bonus dividend. See Priority Choice Share Draft Checking, Money Manager, Kasasa Cash, or Kasasa Cash Back for details. Rates are based upon credit union participation.
Term Share Certificates qualify as Jumbo if the opening certificate amount is $100,000 or more.
Traditional & Roth IRA Premier Share Draft Membership or Jumbo Certificate
| Term | Min. Balance Requirement | Dividend Rate | APY |
|---|---|---|---|
| 12 month | $2,000 | 1.09% | 1.10% |
| 36 month | $2,000 | 1.49% | 1.50% |
| 48 month | $2,000 | 1.74% | 1.75% |
Penalties may be incurred for early withdrawal of term share certificates.
Priority Choice Share Draft Checking, Money Manager Checking, Kasasa Cash Checking, or Kasasa Cash Back Checking membership entitles participants to receive an additional 1/4% bonus dividend. See Priority Choice Share Draft Checking, Money Manager, Kasasa Cash, or Kasasa Cash Back for details. Rates are based upon credit union participation.
Term Share Certificates qualify as Jumbo if the opening certificate amount is $100,000 or more.
Loans
New Vehicle Promotion (2020-2018) Learn More
| Term | Rates as low as | APR as low as | Payment |
|---|---|---|---|
| 84 months | 5.48% | 5.7134%2 | $290.00 |
| 78 months | 4.78% | 5.0270%2 | $302.00 |
| 72 months | 3.72% | 3.9810%2 | $313.00 |
| 66 months | 3.66% | 3.9431%2 | $338.00 |
| 60 months | 3.60% | 3.9093%2 | $368.00 |
| 48 months | 3.48% | 3.8617%2 | $451.00 |
This promotion is available on qualified auto and truck loan purchases and qualified loans refinanced from another financial institution for 2018-2020 model years only. Promotion rates are available for a limited time, subject to change without notice and not eligible for any other rate discounts. The rate will increase for loan-to-values 91% or greater.
2Annual Percentage Rate (APR) and payment displayed are based on $20,000 financed with a $150 loan origination fee.
Auto Loans Learn More
| Description | Term | Rates as low as | APR as low as | Payment |
|---|---|---|---|---|
| New/Used Vehicle 2017-2016 | 72 months | 5.00% | 5.2664%2 | $325.00 |
| New/Used Vehicle 2017-2016 | 66 months | 4.50% | 4.7868%2 | $346.00 |
| New/Used Vehicle 2017-2016 | 60 months | 4.25% | 4.5620%2 | $374.00 |
| Used Vehicle 2015 | 66 months | 6.75% | 7.0464%2 | $367.00 |
| Used Vehicle 2014-2013 | 54 months | 6.00% | 6.3519%2 | $427.00 |
| Used/^Classic Vehicle 2012-2010 | 48 months | 5.75% | 6.5245%1 | $238.00 |
The interest rate, corresponding APR, and term will be based on credit worthiness criteria, loan to value, vehicle age and amount financed. Apply today to determine the qualifying APR. Financing is available for model years 2015-2010. ^Must be listed in NADA Classic Cars Guide. Rate will increase for loan-to-values greater than 100%.
Discounted Vehicle Rate: A .25% rate discount on vehicle loans is available for members with a Premier Checking Account. Fairmont Federal Credit Union makes all final decisions regarding vehicle value, term, and proper rate. Some restrictions apply. Rates are subject to change without notice.
1 Annual Percentage Rate (APR) and payment displayed are based on $10,000 financed with a $150 loan origination fee.
2 Annual Percentage Rate (APR) and payment displayed are based on $20,000 financed with a $150 loan origination fee.
RV/Boat Loan & Personal Loans
| Description | Term | Rates as low as | APR as low as | Payment |
|---|---|---|---|---|
| New RV/Boat 2020–2018 | 120 months | 9.00% | 9.0680%4 | $763.00 |
| Used RV/Boat 2017-2016 | 72 months | 8.00% | 8.1640%3 | $617.00 |
| Used RV/Boat 2015-2013 | 60 months | 8.75% | 9.0809%2 | $416.00 |
| Personal | 60 months | 8.95% | 9.8140%1 | $159.00 |
Your interest rate, corresponding APR, and term will be based on credit worthiness criteria, loan to value, vehicle age and amount financed. Apply today to determine your qualifying APR.
Discounted Vehicle Rate: A .25% rate discount on vehicle loans is available for members with a Premier Checking Account¥. Fairmont Federal Credit Union makes all final decisions regarding vehicle value and proper rate. Some restrictions apply.
1 Annual Percentage Rate (APR) and payment displayed are based on $7,500 financed with a $150 loan origination fee.
2 Annual Percentage Rate (APR) and payment displayed are based on $20,000 financed with a $150 loan origination fee.
3 Annual Percentage Rate (APR) and payment displayed are based on $35,000 financed with a $150 loan origination fee.
4 Annual Percentage Rate (APR) and payment displayed are based on $60,000 financed with a $150 loan oigination fee.
¥ Premier Checking Accounts include: Priority Choice, Money Manager, and Kasasa Cash & Cash Back.
Pledge Share & Pledge Certificate Loan
| Description | Term | Rates | Payment |
|---|---|---|---|
| Pledge Share | 120 months | 3.00%1 | $97.00 |
| Pledge Certificate | Rate and term is based on the certificate utilized for collateral. Please contact a representative for details. | n/a | n/a |
1 Annual Percentage Rate (APR) and payment displayed are based on $10,000 financed. Loan origination fee does not apply.
Auto Refi Promotion (2020-2016)
Auto Refi Promotion
| Description | Term | Rates as low as | APR as low as | Payment | Deferred Payment | 1% Cash Back |
| 3.2.1 Auto Refi | 66 Months | 3.00% | 3.37%3 | $250.00 | 2 MONTHS2 | Up to $5001 |
This promotion is available on qualified auto and truck loans refinanced from another financial institution for 2016-2020 model years only. Promotion rates are available for a limited time, subject to change without notice and not eligible for any other rate discounts. Additional rates and APRs dependent upon credit history, type of collateral, loan term and LTV. The rate will increase for loan-to-values 100% or greater.
1Cash back is paid based on 1% of the total loan amount, $15,000 minimum. Maximum cash back amount is $500 per member. Cash back will be deposited into the Fairmont Federal Credit Union savings account, associated with the loan, within one business day of the loan funding.
2First payment may be deferred for up to 2 months from loan date. Loan will accrue interest during that time.
3Annual Percentage Rate (APR) and payment displayed are based on $15,000 financed with a $150 loan origination fee.
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