Rates

Our Best Loan Rates

Effective September 2010

Rates and terms subject to change without notice on new loans.

PLEASE NOTE: Loan rates shown reflect our best rates. Rates are based on loan underwriting factors and may be higher based on individual underwriting. APR = Annual Percentage Rate

Maximum terms on vehicles 8 years and older are 100% of NADA loan value and 36 months. (1 & 2) Maximum terms for classic vehicles are 100% of the NADA average value and 48 months. Minimum loan amount for 72 months financing is $20,000; for 84 months is $25,000.

Credit Cards

No annual fee on credit cards; 25 day grace period on purchases if payment is made in full by due date. See application for complete terms and conditions. (1) Rates may vary with the market based on the Prime Rate quoted in the Wall Street Journal.  The Prime Rate plus the margin equal the Annual Percentage Rate (APR). The margin will be based on creditworthiness. APR can change on the first day of the billing cycle in the month following a change in the Prime Rate. We will use the Prime Rate as of the 15^th day of the month before the month of any APR adjustment. (2) Minimum $500 limit.

Home Equity Rates

Rates effective August 31, 2010

Rates and terms subject to change without notice.

*APR = Annual Percentage Rate. 3.25% APR applied to the first twelve months after the date the loan is opened; after the promotional period the APR shall be based upon the then current Prime Rate quoted in the Wall Street Journal plus a margin based on underwriting criteria and LTV (loan to value). A current non-promotion rate that would be applied is 4.25% APR for 80% LTV. APR may vary but will not exceed 15.00%. Equity limits and underwriting requirements vary by state. Home Equity Access accounts not available in Texas. Due to geographic limitations, these loans may not be available to members not living near a branch office.

Loan amount up to 80%-rate and term based on underwriting factors.

Assume monthly payments per $1,000 borrowed; 80% combined loan-to-value: 84 payments of $14.80; 144 payments of $10.49; 180 payments of $9.78; 240 payments of $9.25; 300 payments of $9.36. Maximum 80% of fair market value for Texas. Per NCUA regulations, equity loans over $250,000 require an appraisal. Refinancing of existing ABECU home equity loans do not qualify for "no closing costs.

Mortgage Rates

Rates effective August 31, 2010

Rates and terms subject to change without notice.

The Credit Union offers a wide variety of mortgage products. These are our best rates, however your rate and fees may be higher based on individual underwriting factors. Please call 877-269-4179 ext. 830 for details on how we can meet your mortgage home needs.

APR Assumptions: APRs are calculated using loan amount of $150,000; include 15 days accrued interest; assume monthly repayment; maximum loan-to-value of 80%. APRs in the Mortgage Center may vary depending on the borrower's particular set of circumstances. APRs on Adjustable Rate Mortgages (ARM) are subject to increase after consummation. Adjustable Rate Index tied to 1-Year Treasury (CMT) Security. *1 point=1% of loan amount. Click here for additional rates and terms.

Share Deposit Rates

Rates effective August 31, 2010 - September 6, 2010

Federally insured by NCUA.

Savings federally insured up to $250,000 and IRA savings insured up to $250,000 by the NCUA. NCUA deposit insurance is temporarily increased to $250,000 per depositor through December 31, 2013.

APY -- Annual Percentage Yield -- assumes principal and interest/dividends remain on deposit for the entire year. Withdrawals will reduce earnings on the account.
ADB = Average Daily Balance.
1) Interest and dividends are paid and compounded monthly based on the average daily balance on all accounts except the Daily Interest Fund. 2) A $5 fee is assessed if the average daily balance falls below $500. 3) Daily Interest Fund interest is compounded daily and paid monthly. 4) Penalty for early withdrawal from certificates. See "Truth-in-Savings Disclosure" for further information. Minimum balance is $500 for Junior Account Program, Financial Youth Group and Young Adult Financial Group certificates. 5) After issue date, rate may adjust twice during the term. Term is divided into three equal periods and rate adjusts on anniversary date of each subsequent period. Rate will adjust to current rate for like fixed rate certificate term less a margin (.25% for 36 months; .50% for 60 months). Rate may increase or decrease, but will never be lower than rate earned on issue date. 6) Penalty for early withdrawal from certificates. See "Truth and Savings Disclosure" for further information. Member Rewards rates available to accounts with household relationship of $25,000 or more in loan and deposit balances. 7) Penalty for early withdrawal. See "Truth-in-Savings Disclosure" for further information.

*Variable Rate IRA certificates available only for Traditional IRAs.