Rates
Rates effective as of July 1, 2010
Mortgage Rates
A complete listing of Mortgage Rates can be found on our Mortgage Web site . Since Mortgage needs can be unique, this site gives a personalized list of rates based on the criteria entered. Be sure to sign up for Rate Watchers , where Coastal will email you Mortgage rates on a regular basis, based on what type of rate you're looking for.
Check Mortgage Rates
Home Equity and Property Loan Rates
| Product | APR Fixed | APR Variable | Term | Apply |
|---|---|---|---|---|
| Home Equity Line-of-Credit (HELOC) ¹ Fees waived if $10,000 initial advance | ||||
|
60% of appraisal or tax value
Maximum APR 15.00% Est. Fees $40-$450 ¹ Primary Residence Only |
N/A |
4.25% ²
Prime Plus One |
- | Apply |
|
75% of appraisal or tax value
Maximum APR 15.00% Est. Fees $40-$450 ¹ Primary & Secondary Residence Only |
N/A |
4.75% ²
5.75% ² (Secondary Residence) |
Apply | |
|
90% of appraisal or tax value
$250,000 maximum, Maximum APR 15% Fees $40-$450 ¹ Primary & Secondary Residence Only |
N/A |
5.25% ²
6.75% ² (Secondary Residence) |
- | Apply |
| Home Equity Loans ¹ Fees waived if $10,000 initial advance | ||||
| 80% of appraisal or tax value ¹ | 6.50% | - | 5 years | Apply |
| 80% of appraisal or tax value ¹ | 7.00% | - | 10 years | Apply |
| 80% of appraisal or tax value ¹ | 7.50 % | - | 15 years | Apply |
| 90% of appraisal or tax value ¹ | 7.50% | - | 5 years | Apply |
| 90% of appraisal or tax value ¹ | 8.00% | - | 10 years | Apply |
| 90% of appraisal or tax value ¹ | 8.50% | - | 15 years | Apply |
| Home Improvement | ||||
| 90% of Property Value Estimate - No fees! | 7.50% | - | 5 years | Apply |
| 90% of Property Value Estimate - No fees! | 8.00% | - | 10 years | Apply |
| Residential Lot Loan | ||||
|
80% or less Mortgage-to-Value (MTV)
5 year balloon/ 15 year amortization (Purchases and no cash out refinances) |
7.50% | - | - | Apply |
|
80% or less Mortgage-to-Value (MTV)
(Purchases and no cash out refinances) |
7.50% | - | 12 years | Apply |
| 60% or less Mortgage-to-value (MTV) | 8.50% | - | 12 years | Apply |
- Loan rates are subject to change daily.
- APR means Annual Percentage Rate.
- There are NO LOAN APPLICATION FEES.
- Number of monthly payments is not predictable for variable rate loans.
See Truth in Lending Disclosure addendum in your loan packet for payment calculation method.
¹ Home equity loan fees are waived if the initial advance is $10,000 or greater and a balance remains on the books for at least 12 months. LOAN TO VALUE amount will be based on credit qualification.
² Lowest rates based on Coastal Federal Credit Union's Qualified Loan Program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms.
Auto Loan Rates
| Model Year | APR Fixed | Approx. Term | Apply |
|---|---|---|---|
| 2010 - 2006 | 3.99% | 48 mos | Apply |
| 2005 - 2000 | 4.99% | 48 mos | Apply |
APR = Annual Percentage Rate. Lowest rates based on Coastal Federal Credit Union's Qualified Loan Program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms. Other rates and terms available. All rates and terms are subject to change without notice. Please stop by or call a Credit Union loan representative for full details.
Visa Credit Card Rates
| Product | APR Fixed | APR Variable | Approx. Term | Apply |
|---|---|---|---|---|
| ∞ Infinity Visa | 11.99% | - | - | Apply |
APR = Annual Percentage Rate. Lowest rates based on Coastal Federal Credit Union's Qualified Loan Program.
Other Loan Rates
| Product | APR Fixed | APR Variable | Approx. Term | Apply |
|---|---|---|---|---|
| New Recreational Vehicles | ||||
| 6.75% | - | 5 yrs | Apply | |
| 7.75% | - | 10 years | Apply | |
| Used Recreational Vehicles | ||||
| 8.75% | - | 5 years | Apply | |
| 9.75% | - | 10 years | Apply | |
|
Other Secured
(motorcycle, horse trailer, towing vehicles, jet skis, tractor) |
||||
| New | 6.75% | - | 5 years | Apply |
| Used | 9.25% | - | 5 years | Apply |
| Unsecured Signature/Overdraft Protection | ||||
| Closed End | - | 9.71% ¹ | 5 years | Apply |
| Open End (Line-of-Credit) | - | 9.71% ¹ | - | Apply |
| Common Stock | ||||
|
IBM Stock Line-of-Credit
70% of market value |
- | 5.21% | 10 yrs | Visit a Branch to Apply |
|
Other Stock/Mutual Funds
50% of market value (NYSE, AMEX stock with value over $10 per share) |
- | 5.21% | - | Visit a Branch to Apply |
| Share Secured | ||||
| Share Secured | - | (Add 2% to the Savings Dividend Rate) | - | Visit a Branch to Apply |
| Certificates | - |
(Add 2% to your Certificate Rate,
rounded up to next 1/4%) |
- | Visit a Branch to Apply |
- APR = Annual Percentage Rate.
- Lowest rates based on Coastal Federal Credit Union's Qualified Loan Program.
- Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms.
- Other rates and terms available.
- All rates and terms are subject to change without notice.
Please stop by or call a Credit Union loan representative for full details.
¹ Lowest rates based on Coastal Federal Credit Union's Qualified Loan Program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms. Other rates and terms available. All rates and terms are subject to change without notice. Please stop by or call a Credit Union loan representative for full details.
Savings Rates
Last Changed: 7/2/10| Product | Minimum Deposit | Dividend Rate | APY | Open Account |
|---|---|---|---|---|
| Savings Rates ¹ | ||||
| Savings | $25.00 | .20% | .20% | Open |
| Special Savings | $1.00 | .20% | .20% | Open |
| Checking: Basic | $1.00 | - | - | Open |
| Checking: Go Green | $.01 up to $50,000 | 2.23% | 2.25% | Open |
| Checking: Go Green (base rate) | Balances above $50,000 | .10% | .10% | Open |
| Checking: Dividend | $1.00 | .10% | .10% | Open |
| Money Market | $5,000 | .30% | .30% | Open |
| Money Market | $25,000 | .35% | .35% | Open |
| Christmas Savings | $1.00 | .20% | .20% | Open |
| IRA Savings Account | $1.00 | .75% | .75% | Open |
| Health Savings Account (HSA) | $1.00 | 2.96% | 3.00% | Open |
| Certificate Terms | Minimum Deposit | Dividend Rate | APY | Open Account |
|---|---|---|---|---|
| Certificate Rates ² | ||||
| 182-Day | $500 | .40% | .40% | Open |
| $10,000 | .45% | .45% | Open | |
| $50,000 | .50% | .50% | Open | |
| $100,000 | .55% | .55% | Open | |
| 12-23 Month | $500 | .55% | .55% | Open |
| $10,000 | .60% | .60% | Open | |
| $50,000 | .65% | .65% | Open | |
| $100,000 | .70% | .70% | Open | |
| 24-35 Month | $500 | .65% | .65% | Open |
| $10,000 | .70% | .70% | Open | |
| $50,000 | .75% | .75% | Open | |
| $100,000 | .80% | .80% | Open | |
| 36-47 Month | $500 | 1.04% | 1.05% | Open |
| $10,000 | 1.09% | 1.10% | Open | |
| $50,000 | 1.14% | 1.15% | Open | |
| $100,000 | 1.19% | 1.20% | Open | |
| 48-59 Month | $500 | 1.14% | 1.15% | Open |
| $10,000 | 1.19% | 1.20% | Open | |
| $50,000 | 1.24% | 1.25% | Open | |
| $100,000 | 1.29% | 1.30% | Open | |
| 60-Month | $500 | 1.24% | 1.25% | Open |
| $10,000 | 1.29% | 1.30% | Open | |
| $50,000 | 1.34% | 1.35% | Open | |
| $100,000 | 1.39% | 1.40% | Open | |
| 7-90 day Mini Jumbo | $50,000 | .30% | .30% | Call to open at (919) 420-8000 |
| Special 12-Month Student | $100 | .65% | .65% | Open |
| Special 27-Month | $2,500 | 1.83% | 1.85% | Call to open at (919) 420-8000 |
| Investor's Choice 24-Month | $10,000 | .70% | .70% | Call to open at (919) 420-8000 |
| Investor's Choice 36-Month | $10,000 | 1.09% | 1.10% | Call to open at (919) 420-8000 |
| Investor's Choice 48-Month | $10,000 | 1.19% | 1.20% | Call to open at (919) 420-8000 |
¹ Savings rates are subject to change daily. All member deposits are insured to $250,000 (funds in IRA accounts are eligible for separate insurance protection up to $250,000 by the National Credit Union Administration, an agency of the United States Government. Dividends are based on the Credit Union's earnings at the end of a dividend period and thus cannot be guaranteed. Note: APY means Annual Percentage Yield. On certificate accounts the Credit Union may impose a penalty for early withdrawal. Fees may reduce earnings on accounts. Dividends may be forfeit if an account is closed before accrued dividends are credited. ** For additional IRA certificate rates, see certificate account rates above. Dividend Checking service charges waived if total aggregate in savings, IRA and certificates equal $1,000 or more.
² Early withdrawals from certificate accounts are subject to Credit Union penalty. All Savings and Certificate products are federally insured up to $250,000 by NCUA* Dividends are based on the Credit Union's earnings at the end of a dividend period, therefore they cannot be guaranteed. NCUA is the National Credit Union Administration, an agency of the United States government.
³ Early withdrawals from certificate accounts are subject to Credit Union penalty. **The Special 24 month Add-On IRA certificate offers a unique add-on feature which allows you to make additional deposits, i.e., new contributions (IRS contribution rules still may apply), rollovers, transfers, etc., throughout the duration of the 24 month term. Funds in IRA accounts are eligible for separate insurance protection up to $250,000 by NCUA. Dividends are based on the Credit Union's earnings at the end of a dividend period, therefore they cannot be guaranteed. *APY means Annual Percentage Yield.
IRA Certificate Rates
Last Changed: 7/1/10| Product | Minimum Deposit | Dividend Rate | APY |
|---|---|---|---|
| 182-Day | $500 | .40% | .40% |
| $10,000 | .45% | .45% | |
| $50,000 | .50% | .50% | |
| $100,000 | .55% | .55% | |
| 12-23 Month | $500 | .55% | .55% |
| $10,000 | .60% | .60% | |
| $50,000 | .65% | .65% | |
| $100,000 | .70% | .70% | |
| 24-35 Month | $500 | .65% | .65% |
| $10,000 | .70% | .70% | |
| $50,000 | .75% | .75% | |
| $100,000 | .80% | .80% | |
| 36-47 Month | $500 | 1.04% | 1.05% |
| $10,000 | 1.09% | 1.10% | |
| $50,000 | 1.14% | 1.15% | |
| $100,000 | 1.19% | 1.20% | |
| 48-59 Month | $500 | 1.14% | 1.15% |
| $10,000 | 1.19% | 1.20% | |
| $50,000 | 1.24% | 1.25% | |
| $100,000 | 1.29% | 1.30% | |
| 60-Month | $500 | 1.24% | 1.25% |
| $10,000 | 1.29% | 1.30% | |
| $50,000 | 1.34% | 1.35% | |
| $100,000 | 1.39% | 1.40% | |
| Special 24 Month (Add On ²) | $500 | 1.73% | 1.75% |
| Special 27-Month | $2,500 | 1.83% | 1.85% |
| 7-90 Day Mini Jumbo | $50,000 | .30% | .30% |
| Investor's Choice 24-Month | $10,000 | .70% | .70% |
| Investor's Choice 36-Month | $10,000 | 1.09% | 1.10% |
| Investor's Choice 48-Month | $10,000 | 1.19% | 1.20% |
Business Account Rates ¹
| Product | Minimum Deposit | Dividend Rate | APY |
|---|---|---|---|
| Business Savings | $25.00 | .10% | .10% |
| Business Savings | $5,000 | .10% | .10% |
| Business Community Checking | $1.00 | - | - |
| Business Basic Checking | $1.00 | - | - |
| Business Dividend Checking | $1.00 | .10% | .10% |
| Business Money Market | $5,000 | .20% | .20% |
| Business Money Market | $25,000 | .25% | .25% |
¹ Savings rates are subject to change daily. All member deposits are insured to $250,000 (funds in IRA accounts are eligible for separate insurance protection up to $250,000 by the National Credit Union Administration, an agency of the United States Government. Dividends are based on the Credit Union's earnings at the end of a dividend period and thus cannot be guaranteed. Note: APY means Annual Percentage Yield. On certificate accounts the Credit Union may impose a penalty for early withdrawal. Fees may reduce earnings on accounts. Dividends may be forfeit if an account is closed before accrued dividends are credited.
