RATES
Rates | Loans | Effective 10/1/2024
Loan Rates
| New & Used Automobile | |
| 24 Mo to 60 Mo | 5.24% - 16.24% APR* |
| 61 Mo to 72 Mo | 6.24% - 16.49% APR* (financing over $30K) |
| 72 Mo to 84 Mo | 6.74% - 16.99% APR* (financing over $30K + 10% down payment required) |
| Farm and Heavy Equipment | |
| Up to 60 Mo | 7.99% - 15.49% APR |
| Home Equity (80% Financing) | |
| Up to 120 Mo | 6.24% - 11.24% APR1 |
| 121 Mo to 180 Mo | 6.74% - 11.49% APR1 (financing over $50K) |
| Unimproved Property (80% Financing) | |
| Up to 120 Mo | 6.75% - 12.25% APR |
| 121 Mo to 180 Mo | 7.25% - 12.50% APR (financing over $50K) |
| Shares Secured | |
| Up to 60 Mo | 3.00% APR Over current share dividend rate |
The Annual Percentage Rate (APR) you receive will be based on individual credit worthiness at time of advance and subject to credit approval guidelines. All rates are subject to change without notice. Please contact Credit Union to determine the rate you qualify for.
1 Rate is dependent on 1st or 2nd lien. Loan amount cannot exceed 80% of the value, less outstanding liens.
* Lowest rate listed includes all available discounts. Discounts available on these loan types only and are granted based on services used at the Credit Union. See a loan officer for details.
Risk Based: The following disclosure applies to all Sub-Accounts except the Shares Secured. The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your personal credit score. The credit score, which reflects credit worthiness, will be obtained in a report from credit reporting agency CSC Credit Services, a division of Equifax. You have a right to request a free copy of your credit report. To find out how you may obtain a free copy of your credit report, please contact CSC Credit Services at 1-800-392-7816 or via mail at the following address: CSC Credit Services, PO BOX 981221, El Paso , TX 79998-1001
Savings Rates
| Rate Description | Dividend Rates | APY |
| Share Draft/Checking | 0.150% | 0.15% |
| Savings/Share Account* | 0.598% | 0.60% |
| Traditional IRA | 1.243% | 1.25% |
| Roth IRA | 1.243% | 1.25% |
| Coverdell IRA - Educational | 1.243% | 1.25% |
APY is Annual Percentage Yield. Rates are subject to change without notice. Dividends are calculated on a day-in-day-out basis. Fees can reduce earnings. Share/Savings account dividends are compounded every quarter and paid quarterly. IRA and Share Draft/Checking account dividends are compounded every month and paid monthly. You must maintain a minimum daily balance of $25.00 in your Share/Savings account to obtain the APY. You must maintain a minimum daily balance of $300.00 in your Share Draft/Checking account to obtain the APY. *Dividend Rate and APY shown for Share/Savings account is the most recent paid (prior quarter) and may not be effective this quarter or in the future. For current information please call LZECU at 281-479-6651.
