All rates effective as of 09/07/10Certificate RatesAccount Type | Minimum
to Open | Dividend Rate1 | APY1 | Jumbo CD1,2
Dividend Rate | Jumbo CD1,2
APY | | 6-11 Month | $500 | .75% | .75% | -- | -- | | 12-17 Month | $500 | .80% | .80% | .80% | .80% | | 18-23 Month | $500 | .99% | 1.00% | .99% | 1.00% | | 24-35 Month | $500 | 1.29% | 1.30% | 1.29% | 1.30% | | 36-47 Month | $500 | 1.69% | 1.70% | 1.69% | 1.70% | | 48-59 Month | $500 | 2.13% | 2.15% | 2.13% | 2.15% | | 60-71 Month | $500 | 2.32% | 2.35% | 2.32% | 2.35% | | 72+ Month | $500 | 2.37% | 2.40% | 2.37% | 2.40% |
Smart Growth Certificates Account Type | Minimum to Open | Dividend Rate1 | APY1 | | 36 Month | $100 | 1.69% | 1.70% | | 60 Month | $100 | 2.23% | 2.25% | | 84 Month | $100 | 2.27% | 2.30% |
Individual Retirement Account Question | Traditional IRA4 | Roth IRA4 | Coverdell ESA4 | | How much can I contribute? | $5,000 for 2009-2010 | $5,000 for 2009-2010 | Up to $2,000 per child each year | | Are contributions deductible? | Yes | No | No | | When can I withdraw without restrictions? | After reaching 59½ years of age | Contributions — anytime dividends — after 5 tax years & after reaching 59½ years of age | Anytime–as long as it’s a qualified school expense |
Savings RatesAccount Type | Base Rate5 | APY5 | | Preferred Daily Income Account (required balance to earn each day) | | 0-$1,999 | .20% | .20% | | $2,000-$9,999 | .25% | .25% | | $10,000-$24,999 | .35% | .35% | | $25,000-$49,999 | .50% | .50% | | $50,000 + | .55% | .55% | | Regular Share Account | .20% | .20% | | Youth Account | .20% | .20% | | Tax Account | .20% | .20% | | Holiday/Property Tax Account | 1.75% | 1.75% | | Vacation Club Account | 1.00% | 1.00% | | IRA Share Account | .55% | .55% |
Checking RatesAccount Type | Base Rate5 | APY5 | | Better Than Free Checking Account | | 0-$499 | .01% | .01% | | $500+ | .02% | .02% | | Preferred Checking Account | | | | 0-$499 | .01% | .01% | | $500-$4,999 | .03% | .03% | | $5,000-$14,999 | .05% | .05% | | $15,000-$24,999 | .10% | .10% | | $25,000+ | .15% | .15% | | Better Business Checking Account | | | | 0-$499 | .01% | .01% | | $500-$4,999 | .01% | .01% | | $5,000-$14,999 | .03% | .03% | | $15,000-$24,999 | .05% | .05% | | $25,000+ | .10% | .10% | | Health Savings Account (HSA) | | | | 0-$999 | 3.93% | 4.00% | | $1,000-$2,499 | 1.49% | 1.50% | | $2,500-$4,999 | 1.49% | 1.50% | | $5,000-$9,999 | 1.49% | 1.50% | | $10,000-$24,999 | 1.49% | 1.50% | | $25,000+ | 1.49% | 1.50% |
Disclosures All of our certificates may be opened as an IRA investment and almost all can be opened as an HSA. For more information on which IRA option is right for you please refer to the IRA guide provided and consult with your tax advisor. APY = Annual Percentage Yield All rates are subject to change. Early withdrawal penalties may apply.Forallothertermsandfeesforeachaccount,contactyour branch for the applicable disclosure statement(s). Other terms and conditions may apply, see Credit Union for full details. The minimum balance to open and maintain a share certificate account is $500, except Smart Growth and Smart Growth For Kids which has a minimum of $100. 1 The share certificate Dividend Rates and Annual Percentage Yields shown were accurate as of the Effective Date of this Rate Sheet. Contact the Credit Union for most current rates. 2 Jumbo CD requires a minimum investment of $100,000 to open 3 Variable Rate CD. Minimum floor rate of 1.69%. 4 Limits increased if you are over 50 years of age. 5 The share account Base Rates and Annual Percentage Yields shown are the prospective rates and yields the Credit Union anticipates for the applicable Dividend Periods. |
Vehicle Loan RatesFixed Account Type | APR | %Financing | Terms (months) | | New Auto1 | 4.25%-18.00% | Up to 100% | 0-72 | Used Auto2
6 years or less
6 years+ |
4.75%-18.00%
5.50%-18.00%
| Up to 100% |
0-72
0-60
| New Vehicles
for Recreation1 | 6.75%-18.00% | Up to 100% | 0-48 | Used Vehicles
for Recreation1 | 7.75%-18.00% | Up to 100% | 0-48 | | New Boats | 7.00%-18.00% | Up to 100% | 0-12017 | Used Boats
6 years or less
6 years+ |
7.00%-18.00%
7.75%-18.00%
| Up to 90% |
0-12017
0-12017
| | New RVs | 7.50%-18.00% | Up to 90% | 0-12017 | Used Boats
6 years or less
6 years+ |
7.50%-18.00%
8.25%-18.00% | Up to 90% |
0-12017
0-12017 |
VariableAccount Type | APR2 | %Financing | Terms (months) | | New Auto1 | 4.00%-17.00% | Up to 100% | 0-84 | Used Auto2 | 4.50%-17.50% | Up to 100% | 0-84 | New Vehicles
for Recreation1 | 6.00%-16.50% | Up to 100% | 0-72 | Used Vehicles
for Recreation1 | 7.00%-18.00% | Up to 100% | 0-60 | New and Used
Boats and RVs | 6.75%-17.25% | Up to 90% | 0-2403 |
Credit Card Rates Credit Card Type | APR** | | Preferred Visa9** | 8.75%-18.00% v | Secured Visa7 | 4.00% f
|
Real Estate Loan Rates Account Type | APR2 | %Financing | Terms (months) | | Preferred Equity Line of Credit 10,11,12,13,14 | First Equity
Second Equity2
| 4.75%-8.75% v
5.50%-9.50% v 5.50%-9.50% v
6.25%-10.25% v | Up to 80%
Up to 90% Up to 75%
Up to 85% | 0-216
0-360 0-144
0-240 | Preferred Equity
Home Loan10,11,12,14 | 5.25%-13.50% f
5.50%-13.75% f | Up to 75%
Up to 75% | 0-84
0-120
| Non Owner
Occupied Loan10,11,12,14
First Deed13
Second Deed |
8.00% v
9.50% v |
Up to 80%
Up to 75% |
0-240
0-240 | Commercial Real
Estate Loans15 | Call For Details | Up to 80% | 25 year amortization
15 year balloon |
Personal Loan RatesAccount Type | APR2 | Terms (months) | Happy Days Loan4 | 5.00%-16.00% v | 0-60 | Happy Days Business Loan5 | 5.50%-16.00% v | 0-60
| Student Loan4 | 5.50% v | 0-84 | Personal Line of Credit5 | 9.00%-17.00% v | 0-60
| Personal Loan4 | 10.00%-18.00% f | 0-60 | Contract Value Loan5
For Farmers Agents Only | 5.99%-10.49% v
5.99%-9.49% v | 12-48
72
| Contract Value Line of Credit5
For Farmers Agents Only | 5.49%-8.99% v
7.49%-10.99% v | 60
120 | Agency Business Loans5 | as low as 5.00% | Up to 120
|
Disclosures Rates and terms may vary based on borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit qualification and approval. **The Annual Percentage Rate is variable and is figured on the following basis: The Annual Percentage Rate will be calculated on the last day of each calendar quarter. The Credit Union starts by calculating the index, which is the average auction rate on 26-week U.S. Treasury Bills for the prior 3 months, rounded up to the nearest ¼%. The Credit Union adds a margin to the index. The amount of the margin is based on your credit profile and other factors the Credit Union deems appropriate. The margin for your account will be disclosed in a document provided when your account is opened. The total of the index plus the amount the Credit Union adds is the Annual Percentage Rate. The Annual Percentage Rate is divided by 12 to produce the monthly Periodic Rate. The adjustment of the Annual Percentage Rate affects your entire outstanding balance and is effective for the second full statement cycle following the calculation date. The minimum Annual Percentage Rate on your account is 8.75%. We will review your credit profile from time to time and may adjust the amount of the margin (and the resulting Periodic Rate and Annual Percentage Rate) based on your credit profile. For certain Home Equity offerings a range of Annual Percentage Rates are disclosed. The rate that you qualify for is dependent on your credit profile and other factors that we may deem relevant. For a complete disclosure of these loans, contact the Credit Union. 1 Includes Motorcycles, Personal Watercrafts and ATVs. 2 The Annual Percentage Rate is variable and subject to change on the first of each month. The quoted rate is established by adding a factor (based on borrower’s credit profile) to the 26-week Treasury Bill rate, rounded up to the nearest ¼%. 3 Repayment terms up to 180 months if the RV does not have a bathroom, kitchen or sleeping quarters. 4 Borrow from $500 to $10,000 for new furniture, appliances, home entertainment equipment, landscaping, remodeling and other items. Also available for business equipment. Borrower is responsible for any trust deed filing fees or UCC filing fee. 5 Borrow from $500 to $10,000 for new computers, including software and peripherals, new office furniture, other business equipment, etc. Borrower is responsible for only UCC filing fees. 6 Borrow up to $4,000 for tuition and school expenses, depending on enrollment status. Available to full-time and part-time students working toward an Associates or Bachelors degree at an accredited college or university. 7 Credit limit is based on the balance of your secured savings (shares). The savings you pledge for this card will not earn interest. This is a fixed rate. Credit limits available from $500 to $25,000. 8 Loans are secured by an agents Contract Value. Rate varies based on the term of the loan. 9 Noannualfee.25-daygraceperiodforpurchases.Creditlimitsto$25,000.NoCreditUnionfeesforcashadvances. 10 There are no points or origination fees. The borrower is responsible for any third party fees — appraisal, title insurance, filing, flood determination and/or tax service fees if applicable. 11 Loans secured by real estate as collateral are available to members residing in OR, WA, and ID. 12 Maximum loan amount is $250,000. 13 Line of Credit is based on property valuation, lien position and total encumbrances. 14 The loan may reprice at the first of each calendar month based on the previous month’s average of the 26-week T-Bill Rates. The Annual Percentage Rate is variable and subject to change on the first of each month. The quoted rate is established by adding a factor of 2.25% for first lien accounts and 3.75% for second line accounts to the 26 week T-Bill rate, rounded up to the nearest ¼ percent. 15 Fees include: Loan origination fee of 1% of loan, appraisal fee, filing fees, title fee, and environmental fees (if necessary). Subject to Credit Union confirming value. 16 Loan to value is subject to lien position. The maximum loan to value is 80% for loans secured by a first lien position. The maximum loan to value is 75% for a second lien. 17 Maximum standard term 60 months; member may extend fixed rate term to 120 months by paying 50bp over the standard rate, subject to 18% cap. |
| | Fee Schedule | | Effective SEPTEMBER 30, 2009 | The following Schedule of Fees applies to the various accounts offered by NW Preferred Federal Credit Union. For further information, please contact your local Credit Union branch. All fees are determined by Credit Union management and subject to change at any time. Account Fees- NSF (Non-sufficient funds)—$29.00 each (regardless of origin).
- Returned Deposited Checks: $15.00 each; $15.00 each if returned a second time.
- Non-Proprietary ATM Withdrawals/Inquiries: Eight (8) free per month, $.75 each thereafter.
- ACH EFT Debit —Stop Payment/Return Request—$25.00 each (No Stop Hit Fee).
- ACH EFT Overdraft Protection Transfer, Credit Union initiated: $12.00 each.
- Dormant Account—$8.00 quarterly. (Accounts with balances under $100.00 and with no activity for twelve (12) months, other than dividend posting, may be considered “dormant” and subject to this fee.)
Checking Account FeesAny NW Preferred Checking Account may be subject to the following fees: - Check Printing Fee—varies depending on type and style of checks ordered.
- Account Balancing Assistance—$25.00 per hour, charged by the quarter hour.
- Stop Payment Request—$20.00 per single check or sequence range of checks. (No Stop Hit Fee).
- Microfilm Check Copies—$2.00 per copy, maximum $50.00 for 100 copies (includes copy and retrieval fees), with the following exceptions:
- First two (2) copies free each month.
- Same-day facsimile request—$5.00 per copy, none free.
- Overdraft Protection Transfers, Credit Union Initiated—$12.00 per transfer.
- NSF (Non-sufficient Funds) Returned—$29.00 each (regardless of origin).
- NSF (Non-sufficient Funds) Paid (Not returned)—$29.00 each (regardless of origin).
- Return Deposited Checks—$15.00 each.
- Uncollected Funds—$28.00 each.
- Check Reorder Without Form—$2.00 per order.
- Check Rush Reorder (Member Request)—varies depending on type of delivery, minimum $3.00.
- Closed Account—$5.00 per check presented for payment, maximum $60.00.
Other Credit Union FeesIn addition to the fees listed above, the following service and maintenance fees may be assessed: - Purchase of Money Orders—$2.00 each.
- Purchase of Cashier’s Checks—$3.00 per check.
- Outgoing Wire Transfer— National/Domestic, $20.00 per wire; International - Available, fee subject to fluctuation. Call Credit Union for current pricing.
- International Wire Trace— Available, fee subject to fluctuation. Call Credit Union for current pricing.
- Western Union Cash Service—$42.00 per transaction.
- International Drafts— Available, fee subject to fluctuation. Call Credit Union for current pricing.
- International Drafts Stop Payment Request— Available, fee subject to fluctuation. Call Credit Union for current pricing.
- ATM/Visa Debit Card Replacement PIN (Personal Identification Number)—$5.00 per request.
- ATM/Visa Debit Card Replacement—$6.00 per card.
- ATM/Visa Debit Card Reissue, Member Request—$6.00 per card.
- ATM/Visa Debit Card “Hot Card,” Credit Union Reclaiming Card—$9.00 per occurrence.
- Check Cashing, Checks drawn on another financial institution—$20.00 per check. Exception—Member has one or more of the following: An active checking account; a combined minimum share balance of $300.00; a Share Certificate account; or a loan or Visa account.
- Excessive Withdrawal fee for Holiday Club/Property Tax Accounts—$6.00.
- Checks Sent for Collection (presented item not accepted for deposit)—$35.00 per item. If check returned not paid a $50.00 fee will be assessed.
- Amortization Schedule—$20.00 first page, $2.00 each additional page.
- Laminating, Member Request (other than Membership and Connexus Cards)—$2.00 per item.
- Internal Revenue Service (IRS) Tax Levy Fee—$30.00.
- Collection Costs—Member shall pay all costs incurred by the Credit Union for any effort to collect a negative balance in any share savings account. These costs include, but are not limited to, attorney fees (whether or not there is a lawsuit), including attorney fees on any appeal.
- Skip-A-Payment Fee—The fee structure for a Skip-A-Payment will be: $35 if the loan balance is less than $50,000, $50 if the loan balance is less than $100,000 but greater than or equal to $50,000, $75 if the loan balance exceeds $100,000
- Shared Branching Fees—There may be fees for certain services provided by our partners in the CU Service Center® Network. Check with your NW Preferred branch for a schedule of current CU Service Center® Network fees.
- Premium Trust Account Fee—$6.00.
- Microfilm/Microfiche Copies—Account Statements: $25.00 per hour, labor (charged by the quarter hour); $1.50 per copy (over three).
- Microfilm Copies—Deposited Checks: $3.00 each.
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