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This Rate and Fee Schedule sets forth current conditions, rates, fees, and charges applicable to your savings and checking accounts at Food Industries Credit Union at this time. The Credit Union may offer other rates and fees or amend the rates and fees contained in this schedule from time to time. Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is part of the Membership and Account Agreement. Some savings accounts have special restrictions. For more information, view the Truth-In-Savings Disclosure. |
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Savings & Checking Accounts
| Account Types |
Minimum To
Earn Dividend |
APR* |
APY** |
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$500.00 |
0.49% |
0.50% |
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$100.00 |
0.49% |
0.50% |
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$500.00 |
0.49% |
0.50% |
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* |
APR - Annual Percentage Rate |
** |
APY - Annual Percentage Yield |
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IRA
| Account Types |
APR* |
APY** |
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2.23% |
2.25% |
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* |
APR - Annual Percentage Rate |
** |
APY - Annual Percentage Yield |
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$30 if closed within 6 months |
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Certificate of Deposits (CDs)
| Account Types |
Minimum Deposit |
APR* |
APY** |
| 6 Months |
$1,000 |
2.96% |
3.00% |
| 1 Year |
$1,000 |
2.96% |
3.00% |
| 18 Months |
$1,000 |
2.96% |
3.00% |
| 2 Years |
$1,000 |
3.20% |
3.25% |
| 3 Years |
$1,000 |
3.30% |
3.35% |
| 4 years |
$1,000 |
3.30% |
3.35% |
| 5 years |
$1,000 |
3.64% |
3.70% |
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* |
APR - Annual Percentage Rate |
** |
APY - Annual Percentage Yield |
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All loan rates and dividends offered by Food Industries Credit Union are determined by the Board of Directors and may change in the future without notice. Food Industries Credit Union reserves the right to increase the payment on a loan when the accrued monthly interest exceeds the monthly payment. This Loan Rate Schedule Addendum is part of the Consumer Loan Agreement and Disclosures and sets forth the range of highest and lowest fixed rates, and variable rates, margins, and ANNUAL PERCENTAGE RATES offered by Food Industries Credit Union for the loan types listed. The rate for which a Borrower may qualify may depend on the Borrower’s collateral/loan-to-value percentage, repayment period, credit score, past credit performance, and relationship with Food Industries Credit Union. The Periodic rate and ANNUAL PERCENTAGE RATE determined for a particular loan will be set forth on the Loan Transaction Advance Voucher provided at the time the loan is made. |
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Auto Loans
| Vehicle |
Financing Amount |
Term |
Rate |
| Special Promotion Rates |
** New and used Vehicle up to 100% financing ** |
4.49% |
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New Untitled Vehicles
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Finance up to 100% of MSRP Less than $20,000
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60 Months
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5.90% |
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New Untitled Vehicles
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Finance up to 100% of MSRP Over $20,000
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72 Months
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5.90% |
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Used Vehicles 2005 - 2008
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Finance up to 90% of Established Value
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48 - 60 Months
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5.90% |
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Used Vehicles 2005 - 2008
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Finance 100% of Established Value
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48 - 60 Months
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6.49% |
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Used Vehicles 2003 - 2004
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Finance 90% of Established Value
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36 Months
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6.90% |
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Used Vehicles 2003 - 2004
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Finance 100% of Established Value
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48 Months
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7.49% |
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Existing FICU auto loans are not eligible for the terms and conditions of this promotion.
All loans, rates, terms, and conditions are subject to FICU lending criteria and credit approval.
We do not finance reconstruction or salvaged vehicles.
Maximum mileage 90,000.
Certain restricion may apply. |
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Motor Homes, Boats & Travel Trailer Loans
| Loan Type |
Loan Terms |
Loan Rates
(Annual Percentage Rate) |
| New or Used RV |
12 - 84 months |
8.50% - 13.50% |
| New or Used RV
(minimum loan amount $25k) |
85 - 120 months |
9.50% - 14.50% |
| New or Used RV
(minimum loan amount $50k) |
121 - 180 months |
10.50% - 15.50% |
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100% financing for terms up to 84 months.
90% financing for terms from 85 - 120 months
85% financing for terms from 121 - 180 months
We do not finance commercial boats.
We do not finance boats exceeding 26 feet in length
We do not finance motor homes, travel trailers, RVs, or boats that will be used a a primary residence. |
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Motorcycles, ATV's & Jet Skis Loans
| Loan Type |
Loan Terms |
Loan Rates
(Annual Percentage Rate) |
| New Motorcycle and Off-Road RV |
12 - 48 months |
9.00% - 14.00% |
| Used Motorcycle and Off-Road RV |
12 - 48 months |
10.00% - 15.00% |
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We finance up to 100% of purchase price on new RV’s
We finance up to 100% of low KBB on used RV’s |
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Other Loans
| Loan Type |
Loan Terms |
Loan Rates
(Annual Percentage Rate) |
| Personal Unsecured |
24 - 48 months |
14.90% - 18.90% |
| Savings Secured |
12 - 60 months |
6.00% |
| Certificate Secured |
Length of Certificate |
3% over CD earning rate |
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Visa Credit Cards
| Loan Type |
Loan Terms |
Loan Rates
(Annual Percentage Rate) |
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No Annual Fee |
7.90% |
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No Annual Fee |
9.90% |
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No Annual Fee |
14.90% |
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All loan rates and dividends offered by Food Industries Credit Union are determined by the Board of Directors and may change in the future without notice. Food Industries Credit Union reserves the right to increase the payment on a loan when the accrued monthly interest exceeds the monthly payment. This Loan Rate Schedule Addendum is part of the Consumer Loan Agreement and Disclosures and sets forth the range of highest and lowest fixed rates, and variable rates, margins, and ANNUAL PERCENTAGE RATES offered by Food Industries Credit Union for the loan types listed. The rate for which a Borrower may qualify may depend on the Borrower’s collateral/loan-to-value percentage, repayment period, credit score, past credit performance, and relationship with Food Industries Credit Union. The Periodic rate and ANNUAL PERCENTAGE RATE determined for a particular loan will be set forth on the Loan Transaction Advance Voucher provided at the time the loan is made.
Your loan rate is based on the collateral, the amount borrowed, the term, and your credit qualifications. Mortgage loans are limited to properties located in Oregon and Washington. We may finance up to 100% of tax-assessed value or 90% of appraised value, minus first mortgage balance. Closing costs vary depending on loan type, amount, and term. Home Equity Line of Credit - $25 annual fee. An early termination fee of $300 applies if loan is closed within 24 months of disbursement. |
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Terms |
Rates
(Annual Percentage Rate) |
| Fixed-Rate Mortgages |
1st Mortgage Purchase/Refinance
(Up to 20 years) |
Contact credit union for current rate |
| Adjustable-Rate Mortgages |
1st Mortgage Purchase/Refinance
(Up to 30 years) |
Contact credit union for current rate |
| Home Equity Loan (Fixed Rate) |
80% Loan-to-Value
1st or 2nd
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60 Months |
6.75% - 9.75% |
120 Months |
7.00% - 10.00% |
180 Months |
7.50% - 10.50% |
90% Loan-to-Value
1st or 2nd
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60 Months |
8.25% - 11.25% |
120 Months |
9.00% - 12.00% |
180 Months |
9.25% - 12.25% |
| Home Equity Line of Credit |
240 months
(advances available first 120 months) |
7.25% - 14.25% |
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Equal Housing Lender
Federally Insured by: National Credit Union Administration