Rate Information: This is a
dividend bearing account. The prospective dividend rate and annual
percentage yield are included on the rate page of this website. The dividend
rate and annual percentage yield may change at anytime. Dividends will be
calculated daily and credited to your account monthly.
Balance Information: You must
deposit $5.00 (par value) to open this account. You must maintain a minimum
daily balance of $5.00 to obtain the disclosed annual percentage yield. If you
close your account before dividends are credited, you will not receive the
accrued dividends. We use the daily balance method to calculate the dividends on
your account. This method applies a daily periodic rate to the principal in the
account each day.
Dividends begin to accrue no later than the business day we receive credit
for the deposit of non-cash items (for example, checks) to your account.
Limitations: During any
calendar month you may not make more than six (6) withdrawals or transfers to
your other Credit Union accounts or to a third party by means of an Online
Banking transfer or other pre-authorized electronic funds transfer, automatic
transfer, overdraft protection transfer, telephone order or instruction, request
transmitted via facsimile machine, or transfer initiated through our audio
response service (Sourceline). No more than three of the six transfers may be
made by share draft, draft, debit card, if applicable, or similar order to a
third party.
Rate Information: This is a
dividend bearing account. The prospective dividend rate and annual percentage
yield are included on the rate page of this website. The dividend rate and
annual percentage yield may change at anytime. Dividends will be calculated
daily and credited to your account monthly.
Balance Information: You must
deposit $5.00 to open this account. You must maintain a minimum daily balance of
$5.00 to obtain the disclosed annual percentage yield. If you close your account
before dividends are credited, you will not receive the accrued dividends. We
use the daily balance method to calculate the dividends on your account. This method applies a daily periodic rate to the principal in the account each
day. Dividends begin to accrue no later than the business day we receive credit
for the deposit of non-cash items (for example, checks) to your account.
Limitations: Electronic funds
transfers from one account to another are limited to no more than six per month.
Rate Information: This is a
dividend bearing tiered rate account. The tiers are as follows: Tier 1 daily
balance $10,000 to $49,999.99; Tier 2 daily balance $50,000 or more. If the
balance falls below $10,000 anytime during the month, the dividend rate reverts
to the current share rate for the entire month. The dividend rate and APY paid
on this account for the entire month will be paid at the rate corresponding to
the lowest balance in the account anytime during that month. The dividend rate
and Annual Percentage Yield that corresponds to the applicable deposit tier is
paid on the full balance in the account. The prospective dividend rates and
Annual Percentage Yields for the individual tiers are included on the rate page
of this website. The dividend rates and Annual Percentage Yield may change at
anytime. Dividends will be calculated daily and credited to your account
monthly. No index is used to determine the rate.
Balance Information: You must
deposit $10,000 to open this account. The minimum balance in the account is
$10,000. You must maintain the corresponding minimum daily balance to obtain the
disclosed annual percentage yield. If you close your account before dividends
are credited, you will not receive the accrued dividends. We use the daily
balance method to calculate the dividend on your account. Dividends begin to
accrue no later than the business day we receive the deposit to your account. Separate checks and ATM cards are issued to access this account. Any
applicable bonus will be disclosed on a separate insert.
Limitations: During any
calendar month you may not make more than six (6) withdrawals or transfers to
your other Credit Union accounts or to a third party by means of Online Banking
transfer or other pre-authorized electronic funds transfer, automatic transfer,
overdraft protection transfer, telephone order or instruction, request
transmitted via facsimile machine, or transfer initiated through our audio
response service (Sourceline). No more than three of the six transfers may be
made by share draft, draft, debit card, if applicable, or similar order to a
third party.
This is a dividend bearing account. The prospective
dividend rate and annual percentage yield are included on the inserted rate
sheet. The dividend rate and annual percentage yield may change at anytime.
Vacation Club dividends will be calculated daily and credited to your Vacation
Club account quarterly. Christmas Club dividends will be calculated daily and
credited to your Christmas Club account on September 30th of each year.
Balance Information:
You must deposit $5.00 to open each account.
You must maintain a minimum daily balance of $5.00 to obtain the disclosed
annual percentage yield. If you close your account before dividends are
credited, you will not receive the accrued dividends. We use the daily balance
method to calculate the dividends on your account. This method applies a daily
periodic rate to the principal in the account each day. Dividends begin to
accrue no later than the business day we receive credit for the deposit of
noncash items (for example, checks) to your account.
Limitations:
Electronic funds transfers from one account to another
are limited to no more than six per month. Unlimited withdrawals without
penalties. There is no automatic Vacation Club disbursement. Christmas Club
disbursement will be deposited to your regular share account on or after October
1st of each year unless you chose otherwise in writing acceptable to us.
FREE Checking
Rate Information: This is a
dividend bearing tiered rate account. The prospective dividend rate and annual
percentage yield are included on the rate page of this website. The rate and
annual percentage yield may change at anytime. Dividends will be calculated
daily and credited to your account monthly.
Balance Information: There is
no minimum balance required to open this account. The tiers are as follows: Tier
1 daily balance $1,000 to $7,499.99; Tier 2 daily balance $7,500 or more. You
must maintain the corresponding minimum daily balance to obtain the annual
percentage yield. You will receive dividends for any day during the dividend
period that your account has reached the corresponding tier level. If you close
your account before dividends are credited, you will not receive the accrued
dividends. We use the daily balance method to calculate the dividend on your
account. This method applies a daily periodic rate to the principal in the
account each day. Dividends begin to accrue no later than the business day we
receive credit for the deposit of non-cash item (for example, checks) to your
account.
Premium FREE Checking
Rate Information:This
is a dividend bearing tiered rate account. The prospective dividend rate and
annual percentage yield are included on the inserted rate sheet. If the balance
falls below $10,000 any day during the month, there will be no dividends paid on
that day. The dividend rate and Annual Percentage Yield that corresponds to the
applicable deposit tier is paid on the full balance in the account. The dividend
rates and annual percentage yield may change at anytime. Dividends will be
calculated daily and credited to your account monthly. No index is used to
determine the rate.
Balance Information: There
is a $10,000.00 minimum balance required to open this account. The tiers are as
follows: Tier 1 daily balance $10,000.00 to $24,499.99; Tier 2 daily balance
$25,000.00 or more. You must maintain the corresponding minimum daily balance to
obtain the annual percentage yield. You will receive dividends for any day
during the dividend period that your account has reached the corresponding tier
level. If you close your account before dividends are credited, you will not
receive the accrued dividends. We use the daily balance method to calculate the
dividend on your account. This method applies a daily periodic rate to the
principal in the account each day. Dividends begin to accrue no later than the
business day we receive credit for the deposit of noncash item (for example,
checks) to your account.
Fixed Home Equity Loans For
qualified borrowers only. New money and refinances from other financial
institutions only. 6.24% APR is a fixed rate for a 5-year maximum term. A sample
payment for 60 months is $19.45 per $1,000 borrowed. 6.74% APR is a fixed rate
for a 10-year maximum term. A sample payment for 120 months is $11.48 per $1,000
borrowed. 6.99% APR is a fixed rate for up to 15 years. A sample payment for 180
months is $8.99 per $1,000 borrowed. Closing costs of $201 - $614 will be waived
on new loans or increased lines of credit of $7,500 or greater. Fees of $275 may
be charged on home equity loans involving registered land held in a trust. Title
insurance fees for Albuquerque generally range from $174 - $2,056. Be sure to
contact a tax advisor on their deductibility of interest. Property insurance
required to open plan.
Home Equity Line of Credit
For qualified borrowers only. APR = Annual Percentage Rate.
Program minimum rate is 4.50%; at no time will the rate go below 4.50%. The adjustable home
equity rate has the following rates based on the amount of the line of credit. Up to $49,999
has a rate of 4.50% (the
maximum APR for this loan plan is 11.50% - minimum APR is 4.50%); the rate is subject to
adjustment on the first day of each calendar quarter to Prime - 1.00%. $50,000-over
has a rate of 4.50% (the maximum APR
for this loan plan is 11.50% - minimum APR is 4.50%); the rate is subject to adjustment on
the first day of each calendar quarter to Prime - 1.00%. GECU uses the National Prime Rate from the
Wall Street Journal as of 10/30/08. There is no annual fee. Closing costs generally range from $201 - $614
and will be waived on new loans or increased lines of credit of $7,500 or
greater. Fees of $575 may be charged on home equity loans involving registered
land held in a trust. Private mortgage insurance may be required for loans above
80% of the property value at the borrower's expense. Loans above 80% of the
property value may have slightly higher rates. Be sure to contact a tax advisor
on their deductibility of interest. Property insurance required to open plan.
There is a minimum advance of $300 by check, request at the teller window, or
online transfer.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
New money only, refinances from other
financial institutions only. Upon approved credit, for qualified borrowers. APR
= Annual Percentage Rate. 6.24% APR is a fixed rate for up to 10 years. A sample
repayment based on 6.24% at 120 months is $11.23 per $1,000 borrowed. The
maximum loan to value is 80%. There is no application fee. The loan must
be for a primary residence only. Property insurance required to open this loan.
Contact your tax advisor for possible tax deductibility.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
New money only, refinances from other
financial institutions only. Upon approved credit, for qualified borrowers. APR
= Annual Percentage Rate. Program minimum rate is
4.50%; at no time will the rate go below 4.50%. The Equity Rich Line of Credit of up to $49,999 has an
introductory rate of 4.50% (Prime - 1.00%); the rate is subject to adjustment on
the first day of each calendar quarter to Prime -.50%. The maximum APR for this loan plan is
11.50%; the minimum APR is 4.50%. The Equity Rich Line of Credit of $50,000 and up has an
introductory rate of 4.50% (Prime - 1.00%) APR; the rate is subject to
adjustment on the first day of each calendar quarter to Prime -1.00%. The maximum APR for this loan plan
is 11.50%; the minimum APR is 4.50%. The Prime Rate is from the Wall Street Journal;
currently 4.00% as of 10/30/08. The maximum loan to value is 80%. There is no
application fee. The loan must be for a primary residence only. Property
insurance required to open this loan. Contact your tax advisor for possible tax
deductibility. There is a minimum advance of $300 by check, request at the
teller window, or online transfer.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
APR = Annual Percentage Rate. Offer good for qualified borrowers on new loans
and refinances from other institutions only. 100% financing available to
qualified borrowers.
As low as 6.14% APR available for 00 to 63 months on 2007 and Newer models. A
sample repayment schedule is: 63 monthly payments of $18.61 per $1,000 borrowed.
As low as 6.14% APR available for 64 to 66 months on 2007 and Newer models. A
sample repayment schedule is: 66 monthly payments of $17.90 per $1,000 borrowed.
As low as 6.14% APR available for 67 to 75 months on 2007 and Newer models. A
sample repayment schedule is: 75 monthly payments of $16.09 per $1,000 borrowed.
As low as 6.79% APR available for 76 to 84 months on 2007 and Newer models. A
sample repayment schedule is: 84 monthly payments of $15.00 per $1,000 borrowed.
Minimum MSRP or NADA Retail must be $25,000.
As low as 6.29% APR available for 00 to 63 months on 2005 and 2006 models. A
sample repayment schedule is: 63 monthly payments of $18.69 per $1,000 borrowed.
As low as 6.29% APR available for 64 to 66 months on 2005 and 2006 models. A
sample repayment schedule is: 66 monthly payments of $17.97 per $1,000 borrowed.
As low as 6.79% APR available for 67 to 72 months on 2005 and 2006 models. A
sample repayment schedule is: 72 monthly payments of $16.95 per $1,000 borrowed.
As low as 7.04% APR available for 00 to 63 months on 2003 and 2004 models. A sample
repayment schedule is: 63 monthly payments of $19.04 per $1,000 borrowed.
As low as 7.04% APR available for 64 to 66 months on 2003 and 2004 models. A
sample repayment schedule is: 66 monthly payments of $18.32 per $1,000 borrowed.
As low as 7.79% APR available for 00 to 36 months on 2001 and 2002 models. A
sample repayment schedule is: 36 monthly payments of $31.24 per $1,000 borrowed.
As low as 7.94% APR available for 37 to 54 months on 2001 and 2002 models. A
sample repayment schedule is: 48 monthly payments of $22.09 per $1,000 borrowed.
As low as 7.94% APR available for 00 to 36 months on 2000 and Older models. A
sample repayment schedule is: 36 monthly payments of $31.31 per $1,000 borrowed.
Above rates may be subject to a .25% discount dependent upon financing needs;
ask a GECU loan officer for details. Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
Secured Personal Loans APR =
Annual Percentage Rate. These rates may vary. Offer good for qualified borrowers
on new loans and refinances from other institutions only.
9.50% APR available for up to 48 months on stock secured loans. A sample
repayment schedule is: 48 monthly payments of $25.13 per $1,000 borrowed.
10.50% APR available for up to 144 months on stock secured loans. A sample
repayment schedule is: 144 monthly payments of $12.25 per $1,000 borrowed.
Certificate rate plus 3% APR available for up to 120 months on 100%
certificate secured loans. If the certificate rate is 5.43% then the rate for
the loan will be 8.43%. A sample repayment schedule is: 120 monthly payments of
$12.37 per $1,000 borrowed.
8.25% APR available for up to 84 months on education loans. A sample
repayment schedule is: 84 monthly payments of $15.72 per $1,000 borrowed.
As low as 7.14% APR available for 00 to 63 months on 2007 and Newer vehicle
models. A sample repayment schedule is: 63 monthly payments of $19.09 per $1,000 borrowed.
As low as 7.14% APR available for 64 to 66 months on 2007 and Newer vehicle
models. A sample repayment schedule is: 66 monthly payments of $18.37 per $1,000 borrowed.
As low as 7.14% APR available for 67 to 75 months on 2007 and Newer vehicle models. A
sample repayment schedule is: 75 monthly payments of $16.57 per $1,000 borrowed.
As low as 7.79% APR available for 76 to 84 months on 2007 and Newer vehicle models. A
sample repayment schedule is: 84 monthly payments of $15.49 per $1,000 borrowed.
Minimum MSRP or NADA Retail must be $25,000.
As low as 7.29% APR available for 00 to 63 months on 2005 and 2006 vehicle
models. A sample repayment schedule is: 63 monthly payments of $19.16 per $1,000 borrowed.
As low as 7.29% APR available for 64 to 66 months on 2005 and 2006 vehicle
models. A sample repayment schedule is: 66 monthly payments of $18.44 per $1,000 borrowed.
As low as 7.79% APR available for 67 to 72 months on 2005 and 2006 vehicle
models. A sample repayment schedule is: 72 monthly payments of $17.44 per $1,000 borrowed.
As low as 8.04% APR available for 00 to 63 months on 2003 and 2004 vehicle models. A sample
repayment schedule is: 63 monthly payments of $19.52 per $1,000 borrowed.
As low as 8.04% APR available for 64 to 66 months on 2003 and 2004 vehicle
models. A sample repayment schedule is: 66 monthly payments of $18.80 per $1,000 borrowed.
As low as 8.79% APR available for 00 to 36 months on 2001 and 2002 vehicle
models. A sample repayment schedule is: 36 monthly payments of $31.71 per $1,000 borrowed.
As low as 8.94% APR available for 37 to 54 months on 2001 and 2002 vehicle
models. A sample repayment schedule is: 48 monthly payments of $24.86 per $1,000 borrowed.
As low as 8.94% APR available for 00 to 36 months on 2000 and Older vehicle
models. A sample repayment schedule is: 36 monthly payments of $31.78 per $1,000 borrowed.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
Unsecured Personal Loans
APR = Annual Percentage Rate. These rates may vary. Offer good for qualified
borrowers on new loans and refinances from other institutions only.
As low as 7.99% APR available for up to 36 months on unsecured loans. A
sample repayment schedule is: 36 monthly payments of $31.34 per $1,000 borrowed.
As low as 7.99% APR available for 37 to 48 months on unsecured loans. A
sample repayment schedule is: 48 monthly payments of $24.42 per $1,000 borrowed.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
Fixed RV & Marine APR =
Annual Percentage Rate. Offer good for qualified borrowers on new loans and
refinances from other institutions only. 100% financing available to qualified
borrowers.
As low as 7.24% APR available for 00 to 180 months balloon on models $100,000
and up. A sample repayment schedule is: 180 monthly balloon payments of $9.13 per $1,000 borrowed.
As low as 7.24% APR available for 00 to 180 months balloon on models $75,000
to $99,999. A sample repayment schedule is: 180 monthly balloon payments of
$9.13 per $1,000 borrowed.
As low as 7.49% APR available for 00 to 180 months balloon on models $50,000
to $74,999. A sample repayment schedule is: 180 monthly balloon payments of
$9.27 per $1,000 borrowed.
As low as 7.49% APR available for 00 to 180 months on models $25,000 to
$49,999. A sample repayment schedule is: 180 monthly payments of $9.27 per $1,000 borrowed.
As low as 7.49% APR available for 00 to 144 months on models $15,000 to
$24,999. A sample repayment schedule is: 144 monthly payments of $10.55 per $1,000 borrowed.
As low as 7.74% APR available for 00 to 120 months on models $10,000 to
$14,999. A sample repayment schedule is: 120 monthly payments of $12.00 per $1,000 borrowed.
As low as 9.99% APR available for 00 to 84 months on models up to $9,999. A
sample repayment schedule is: 84 monthly payments of $16.60 per $1,000 borrowed.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
APR =
Annual Percentage Rate. Offer good for qualified borrowers on new loans and
refinances from other institutions only. 100% financing available to qualified
borrowers.
5.99% APR available for up to 36 months on 2006 and Newer models. A sample repayment schedule is: 36
monthly payments of $30.42 per $1,000 borrowed.
5.99% APR available for 37 to 48 months on 2006 and Newer models. A sample
repayment schedule is: 48 monthly payments of $23.49 per $1,000 borrowed.
5.99% APR available for 49 to 66 months on 2006 and Newer models. A sample
repayment schedule is: 66 monthly payments of $17.83 per $1,000 borrowed.
6.99% APR available for up to 36 months on 2005 and Older models. A sample
repayment schedule is: 36 monthly payments of $30.88 per $1,000 borrowed.
6.99% APR available for 37 to 48 months on 2005 and Older models. A sample
repayment schedule is: 48 monthly payments of $23.95 per $1,000 borrowed.
6.99% APR available for 49 to 60 months on 2005 and Older models. A sample
repayment schedule is: 60 monthly payments of $19.80 per $1,000 borrowed.
Contact General Electric Credit Union for a copy of the complete disclosure
and billing rights.
Overdraft Loan Advance: Created by check, in-person withdrawal,
ATM/Debit transaction, ACH, or other electronic means $1.25/Advance.
*This fee can be avoided by
self-transferring the funds through Online Banking.
There is an annual percentage rate is 17.00% APR. The FINANCE CHARGE is computed on any
unpaid principal balance(s) outstanding and is calculated at the time a payment
is made; balances change each time new amounts are borrowed or payments are made
or credits given.
Minimum payments on each loan account shall be $5.00 per month for each
$100.00 of outstanding principal balance calculated after each advance but not
less than $24.00 per month. Minimum monthly payments shall not be reduced even
though the principal Balance declines as payments are made. Payments shall be
due on the last day of each month, except that; 1) when an advance is made on a
loan account having a zero balance, the first payment shall be due on the
applicable due date of the month following the advance, and 2) when subsequent
advances result in an increase in the minimum monthly payment, such increase
shall become effective on the applicable due date of the month in which the
advance was made. The FINANCE CHARGE begins to accrue on the date of each
advance.
Contact General Electric Credit Union for a copy
of the complete disclosure and billing rights.
We do business in accordance with the Federal Fair Housing Law and the Equal
Credit Opportunity Act.
