We offer low-interest loans and high-interest savings
Loan Rates
| Fixed Rate Mortgages | ||
| Effective Date: October 1, 2019 | ||
| Type | Points | Rate As Low As |
| 10 Year Fixed | 0 | 2.875% |
| 15 Year Fixed | 0 | 3.250% |
| 20 Year Fixed | 0 | 3.500% |
| 30 Year Fixed | 0 | 3.750% |
| *A loan of $150,000 at 3.75% for 30 years would have a monthly payment of $695.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386 | ||
| Adjustable Rate Mortgages | |
| Effective Date: October 1, 2019 | |
| Type | APR* As Low As |
| 3 Year | 4.000% |
| 5 Year | 4.250% |
| 7 Year | 4.375% |
| *APR = Annual Percentage Rate. Rate is “as low as” and may change based on credit history, collateral, term, and other determining factors. NMLS#411386 | |
| A 3-year ARM with an APR (annual percentage rate) as low as 4.500% for $100,000 (20% down/80% LTV) would have a monthly payment of $506.69. | |
| Home Equity Line of Credit | |
| Effective Date: October 1, 2019 | |
| Type | APR* |
| Adjusts every 5 years | 5.250% |
| *A loan of $25,000 at 5.25% APR for 180 months would have a monthly payment of $201.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386 | |
| VA Mortgage | ||
| Effective Date: October 1, 2019 | ||
| Type | Points | APR* As Low As |
| 10 Year Fixed | 0 | 2.875% |
| 15 Year Fixed | 0 | 3.125% |
| 20 Year Fixed | 0 | 3.375% |
| 30 Year Fixed | 0 | 3.500% |
| *APR = Annual Percentage Rate. Rate is “as low as” and may change based on credit history, collateral, term, and other determining factors. A loan of $150,000 at 3.500% APR for 30 years would have a monthly payment of $674.00. Promotional rate is subject to change at any time without notice. Equal opportunity lender. NMLS #411386 | ||
| New or Used Vehicles | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* As Low As |
| Auto Loan (2017-2019) | Up to 36 months | 2.990% |
| Used Auto (2014-2016) | Up to 60 months | 3.740% |
| Used Auto Loan (2010-2013) | Up to 60 months | 4.490% |
| Used Auto Loan (2009 and older) | Up to 60 months | 6.240% |
| *APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term and other determining factors. Payment example: A loan of $15,000.00 at 2.99% for 36 months would have a payment of $436.71. As low as rate includes discounts for loyal borrower and either Credit Life and Credit Disability, or checking with direct deposit to qualify. Some restrictions apply. See lender for details. Rate is subject to change at any time without notice. Equal Opportunity Lender. | ||
| For additional terms, please contact our Lending department at 586-466-7800 opt. 3 | ||
| Campers and Motor Homes | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* As Low As |
| Fixed under $25,000 | Up to 84 months | 4.740% |
| Fixed above $25,000 (term ineligible for CL/CD) | Up to 144 months | 4.990% |
| Fixed above $25,000 (term ineligible for CL/CD) | Up to 180 months | 5.240% |
| *APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term and other determining factors. Payment example: A loan of $20,000 at 4.74% APR for 84 months would have a payment of $280.79. Rate is subject to change at any time without notice. Equal Opportunity Lender. | ||
| Marine (Non-personal watercraft) | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* |
| Fixed | Up to 84 months | 4.740% |
| Fixed above $25,000 (term ineligible for CL/CD) | Up to 144 months | 4.990% |
| Fixed above $25,000 (term ineligible for CLCD) | Up to 180 months | 5.240% |
| *APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term and other determining factors. Payment example: A loan of $20,000 at 4.74% APR for 84 months would have a payment of $280.82. . Rate is subject to change at any time without notice. Equal Opportunity Lender. | ||
| Motorcycle, Jet Ski, Snowmobile, and ATVs | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* As Low As |
| Fixed | Up to 60 months | 4.740% |
| Fixed | Up to 72 months | 4.990% |
| Fixed over $10,000 | Up to 84 months | 5.240% |
| *APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term and other determining factors. Payment example: A loan of $10,000 at 4.74% APR for 60 months would have a payment of $187.91. Rate subject to change at any time without notice. Equal Opportunity Lender. | ||
| Mobile Homes | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* As Low As |
| New Homes - 10% down payment required | Up to 180 months | 7.000% |
| Used Homes - 20% down payment required | Max 15 years above home's age | 8.000% |
| New requires 10% down, up to 180 months; Used required 20% down, maturity not to exceed 15 years of age. Payment example: $30,000 at 7% APR for 180 months would have a payment of $270.46 per month. | ||
Our Visa Classic Card features a low interest rate 12.90% APR* and available credit limits between $500 and $15,000.
With our Visa Classic Card you can transfer your higher interest credit card balances without balance transfer fees.
Benefits of having our Visa card
- No balance transfer fees
- No annual fee
- Low APR (annual percentage rate)
- Accepted worldwide
- Spending flexibility
- Fraud protection
- Superior member service
- Safer than carrying cash
- Smart to have for emergencies
- Builds credit
- Same rate for purchases and balance transfers
Our Visa Platinum Card has the lowest rate at 9.50% APR* and available credit limits between $5,000 and $15,000.
With our Visa Platinum Card you can transfer your higher interest credit card balances without balance transfer fees.
To qualify for the Visa Platinum Card you must have a minimum credit score of 660.
Benefits of having our Visa card
- No balance transfer fees
- No annual fee
- Low APR (annual percentage rate)
- Accepted worldwide
- Spending flexibility
- Fraud protection
- Superior member service
- Safer than carrying cash
- Smart to have for emergencies
- Builds credit
- Same rate for purchases and balance transfers
We are pleased to introduce the Visa One Card. With no previous credit history and no co-signer needed, you'll be on your way to freedom with our Visa One Card.
Our Visa One card has a maximum credit limit of $500.00 and competitive rate of 15.90% APR*.
How do I qualify for a Visa One Card?
To qualify you need to show 6 months of employment in your current position and be a member of the credit union for one year or more.
After 12 months of good repay history on the VISA One credit card, the member is eligible to reapply to upgrade to one of our other VISA products at a lower Annual Percentage Rate (APR) interest of 12.90% or 9.50%.
*APR=Annual Percentage Rate. Payment example: A Visa with an outstanding balance of $500 would have a minimum payment requirement of $25.00.
| Personal Loan | ||
| Effective Date: October 1, 2019 | ||
| Type | Term | APR* As Low As |
| Unsecured up to $15,000 | Up to 60 months | 8.490% |
| Unsecured $15,001 - $25,000 | Up to 60 months | 10.490% |
| Minimum loan $300. Total aggregate of $25,000 unsecured debts per borrower, $50,000 per joint borrower. | ||
| *APR=Annual Percentage Rate. Rate is “as low as” and may change based on credit history, term and other determining factors. Payment example: A loan of $5,000.00 at 8.49% APR for 60 months would have a monthly payment of $102.93. Rate is subject to change at any time without notice. Equal opportunity lender. | ||
| Please call 586-466-7800 opt. 3 for more rates or to qualify. | ||
When you need cash on the go for any reason, our Revolving Line of Credit may be the best choice for you. You can borrow and repay the loan with low fixed monthly payments. Access your line of credit whenever you need it!
Your line of credit can be used as overdraft protection attached to your checking account and debit card at FreeStar Financial. With revolving credit lines up to $15,000, you'll always have a safety net for unexpected expenses.
Our Line of Credit has a maximum credit limit of $15,000.00 and competitive rate of 9.99% APR*.
*APR=Annual Percentage Rate. Payment example: A Line of Credit with an outstanding balance of $1,000 would have a minimum payment requirement of $20.00.
Savings Rates
| Savings Accounts | ||||
| Effective Date: October 1, 2019 | ||||
| Type | Minimum Balance | Dividend Rate | APY* | Dividend Paid |
| Regular Share Savings | $10.00 | 0.200% | 0.200% | Qtrly |
| Special Savings | $0.00 | 0.200% | 0.200% | Qtrly |
| Individual Retirement Account (IRA) | $250.00 | 0.500% | 0.500% | Qtrly |
| IRA Rollover | N/A | 0.500% | 0.500% | Qtrly |
| Christmas Club | N/A | 0.200% | 0.200% | Mo |
| Vacation Club | $0.00 | 0.200% | 0.200% | Qtrly |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. | ||||
| **To earn dividend, members must qualify each month by doing the following: 1) use debit card 15 times or more for purchases, 2) be enrolled in eStatements, and 3) Incur at least one electronic transaction processed through the checking account (incoming, such as direct deposit, or outgoing, such as paying a bill). Dividends paid monthly on balances up to $10,000. Balances over $10,000 earn .05%. | ||||
| Certificate of Deposit - Specials | |||
| Effective Date: October 1, 2019 | |||
| Term | Minimum Balance | Interest Rate | APY* |
| 13-Month Special | $500.00 | 1.982% | 2.000% |
| 18-Month Special | $500.00 | 2.178% | 2.200% |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. | |||
| Certificates of Deposit | |||
| Effective Date: October 1, 2019 | |||
| Term | Minimum Balance | Interest Rate | APY* |
| Save to Win (1 year) | $25.00 | 1.250% | 1.250% |
| iSave Youth (1 Year) | $25.00 | 1.250% | 1.250% |
| Six Month | $500.00 | 0.747% | 0.750% |
| One Year | $500.00 | 1.736% | 1.750% |
| Two Year | $500.00 | 1.884% | 1.900% |
| Three Year | $500.00 | 2.178% | 2.200% |
| Four Year | $500.00 | 2.374% | 2.400% |
| Five Year | $500.00 | 2.579% | 2.610% |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. | |||
| Money Management Accounts | ||
| Effective Date: October 1, 2019 | ||
| Minimum Balance | Dividend Rate | APY* |
| $1,000 to $2,499.99 | 0.100% | 0.100% |
| $2,500 to $4,999.99 | 0.200% | 0.200% |
| $5,000 to $24,999.99 | 0.250% | 0.250% |
| $25,000 to $149,999.99 | 0.300% | 0.300% |
| $150,000 and up | 0.350% | 0.350% |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. Dividends paid monthly. | ||
| Money Management Account - Diamond Special | ||
| Effective Date: October 1, 2019 | ||
| Minimum Balance | Dividend Rate | APY* |
| $75,000.00 | 0.747% | 0.750% |
| *APY = Annual Percentage Yield. APY is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. Minimum amount to open is $75,000 new money only. If balance falls below $75,000 APY will be 0.00%. Dividends paid monthly. | ||