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Rates & Fees

Rates & Fees

Saving Rates


Effective April 9, 2019

APR
Annual Percentage Rate
APY
Annual Percentage Yield

Savings (Share) Account

0.10 % 0.10 %

Checking (Share Draft) Account

0.05 % 0.05 %

Christmas Club Account

0.10 % 0.10 %
Rates are subject to change at any time

 

Certificates of Deposit


Effective April 8, 2019

APR
Annual Percentage Rate
APY
Annual Percentage Yield
6 - 12 months 1.00 % 1.00 %
12 - 18 months 1.75 % 1.75 %
18 - 24 months 2.00 % 2.00 %
24 - 36 months 2.25 % 2.25 %
36+ months 2.50 % 2.50 %
Rates are subject to change at any time

 

Loan Rates


Effective June 1, 2019

Term
Conditions Financed Rate

New Car, Truck, and Motorcycles

72 months over $25,000 up to 130%
MSRP
as low as 2.75%
60 months under $25,000

Used Car, Truck, and Motorcycles

up to 120%
NADA retail value
as low as 2.75%
2016—2018 60 months
2013—2015 48 months
2010—2012 36 months
2008 - 2009 24 months

Refinanced Car

2010 - 2019

Remaining term

Signature Advance

12 months $1—1,800 as low as 7.75%
18 months $1,801—3,000
24 months $3,001—5,000
30 months $5,001—7,500

Co-maker Loan

Must sign guarantor agreement

same as above same as above

Line of Credit

2 times monthly
pay up to $10,000

$500—2,000 $125/month as low as 7.75%
$2,001—5,000 $225/month
$5,001—10,000 $275/month

Share Secured

36 months up to total Share balance current share rate +2.00%

Single Pay Loan

 

Must be paid in full at end of 90 days

90 days $1—1,000 10.00%
$1,001—7,500 15.00%

HELOC

180 months 5 year draw Financing up to 90% Loan to Value Rates as low as Prime plus 1.00%

Floor rate
3.00%

Cosmetic Surgery Loan

Up to $10,000 7.75%
Fixed monthly payment of $250.00
Available only for Vanderbilt Department of Plastic and Cosmetic Surgery

Oral Health Services Loan

Up to $10,000 7.75%
Fixed monthly payment of $250.00

Bill Wilkerson Hearing Center Loan

Up to 39 months Up to $10,000 7.75%
Funds disbursed directly to Bill Wilkerson Center

Quick Cash Loan

5+ months Up to $500 28%

 

Fee Schedule


Effective June 1, 2013

 
Type Cost
Membership $0.25
Closing membership
(in first 90 days and still employed)
$25.00
Dormant account
(no activity for 12 months)
$0.00
Incorrect address
(home address only)
$3.00
Loan application
Quick Cash Loan Application
$15.00
$20.00
Single payment loan late
(after 10 days)
$5.00
Loan late
(after 10 days)
5% of payment
(minimum $5.00)
Stop payment $38.00
Excessive withdrawal from Savings $5.00
Early withdrawal from Christmas Club $25.00
Money order $1.00
Cashiers check $2.00
Copy of statement (per page) $1.00
ACH returned items $30.00
ACH transfer $5.00
ACH non-sufficient $30.00
Share Draft NSF $30.00
Share Draft overdraft transfer $5.00
Re-order ATM/debit card $5.00
Re-order ATM/debit card PIN mailer $5.00
Temporary lien $10.00
Verification of deposit $10.00
Returned deposit Items $15.00
Re-deposit of third party check $10.00
Wire transfer in $10.00
Wire transfer out $10.00
Subordination agreement processing $50.00

Rates & Fees

Rates & Fees

Saving Rates

Effective April 9, 2019

APR
Annual Percentage Rate
APY
Annual Percentage Yield

Savings (Share) Account

0.10 % 0.10 %

Checking (Share Draft) Account

0.05 % 0.05 %

Christmas Club Account

0.10 % 0.10 %
Rates are subject to change at any time

 

Certificates of Deposit


Effective April 8, 2019

APR
Annual Percentage Rate
APY
Annual Percentage Yield
6 months 1.00 % 1.00 %
12 months 1.75 % 1.75 %
18 months 2.00 % 2.00 %
24 months 2.25 % 2.25 %
36 months 2.50 % 2.50 %
Rates are subject to change at any time

 

Loan Rates


Effective June 1, 2019

Term
Conditions Financed Rate

New Car, Truck, Motorcycles, boats

72 months over $25,000 up to 100%
MSRP
as low as 2.50%
60 months under $25,000

Used Car, Truck, Motorcycles, boats

up to 100%
NADA retail value
as low as 3.50%
2016—2018 60 months
2013—2015 48 months
2010—2012 36 months
2008—2009 24 months

Refinanced Car

2008—2018

Remaining term

Signature Advance

12 months $1—1,800 as low as 7.75%
18 months $1,801—3,000
24 months $3,001—5,000
30 months $5,001—7,500

Co-maker Loan

Must sign guarantor agreement

same as above same as above

Line of Credit

2 times monthly
pay up to $10,000

$500—2,000 $125/month as low as 7.75%
$2,001—5,000 $225/month
$5,001—10,000 $275/month

Share Secured

36 months up to total Share balance current share rate +2.00%

Single Payment Advance

Must be paid in full at end of90 days

90 days $1—1,000 10.00%
$1,001—7,500 15.00%

HELOC

180 months 5 year draw Financing up to 90% Loan to Value Rates as low as Prime plus 1.00%

Floor rate
3.00%

Cosmetic Surgery Loan

Up to $10,000 7.75%
Fixed monthly payment of $250.00
Available only for Vanderbilt Department of Plastic and Cosmetic Surgery

Oral Health Services Loan

Up to $10,000 7.75%
Fixed monthly payment of $250.00

Bill Wilkerson Hearing Center Loan

Up to 39 months Up to $10,000 7.75%
Funds disbursed directly to Bill Wilkerson Center

Quick Cash Loan

5+ months Up to $500 28%

 

Fee Schedule


Effective June 1, 2013

 
Type Cost
Membership $0.25
Closing membership
(in first 90 days and still employed)
$25.00
Dormant account
(no activity for 6 months)
$5.00
Incorrect address
(home address only)
$3.00
Loan application
Quick Cash Loan Application
$15.00
$20.00
Single payment loan late
(after 10 days)
$5.00
Loan late
(after 10 days)
$5% of payment
(minumum $5.00)
Stop payment $38.00
Excessive withdrawal $5.00
Early withdrawal from Christmas Club $25.00
Money order $1.00
Cashiers check $2.00
Copy of statement (per page) $1.00
ACH returned items $30.00
ACH transfer $5.00
ACH non-sufficient $30.00
Share Draft NSF $30.00
Share Draft overdraft transfer $5.00
Re-order ATM/debit card $5.00
Re-order ATM/debit card PIN mailer $5.00
Temporary lien $10.00
Verification of deposit $10.00
Returned deposit Items $15.00
Redeposit of third party check $10.00
Wire transfer in $10.00
Wire transfer out $10.00
Subordination agreement processing $50.00