Savings Checking Loan Products MasterCard Mortgages

Rates

Loan Rates Effective September 1, 2014 | Date of Last Rate Change: April 21, 2014

APR= Annual Percentage Rate. The Annual Percentage Rates listed below are for members who choose to make loan payments via payroll deduction or automatic payment from an American Heritage Federal Credit Union account. Annual Percentage Rate is increased by 0.25% without payroll deduction or automatic payment. This does not apply to American Heritage MasterCards. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval. Payment examples are for illustrative purposes only. Your payment may vary.
 
 Credit Cards
     
Loan Type

APR* (as low as)

 
 

MasterCard (Limits Range from $300 - $40,000)

Platinum Preferred MasterCard (No Annual Fee)
9.99%*
Platinum Secured MasterCard ($35 Annual Fee)
15.90%*
 
*All rates are subject to change. Full Disclosure
 
 
  Loan Products
     
Loan Type
Monthly Payment
(per $1,000)
APR*
(as low as)
     
Personal Loans    
up to 24 months ($1,000 minimum)
$45.91 9.49%*
25 to 60 months ($300 minimum) $44.96 11.04%*
61 to 72 months ($300 minimum) $23.55 15.04%*
         
Monthly payment (per $1,000) examples are based on longest term in each range.
   

     
New Car Loans (125% Financing, 2013-2014)
up to 36 months
$28.86
2.49%*
37 to 48 months
$21.92
2.49%*
49 to 60 months
$17.75
2.49%*
61 to 72 months, $20,000 or more
$15.20
2.99%*
     
Used Car Loans (2013 & Earlier)
up to 36 months
$28.86
2.49%*
37 to 48 months
$21.92
2.49%*
49 to 60 months
$17.75
2.49%*
61 to 72 months, $20,000 or more
$15.20
2.99%*
 

Auto Loan rates available for vehicles not previously financed at American Heritage Federal Credit Union.
Any vehicle 8 years or older or vehicles with 100,000 miles will carry an additional 2.00% rate adjustment.

*Annual Percentage Rate (APR) for members who choose to make loan payments via payroll deduction or automatic payment from an American Heritage Federal Credit Union account. APR is increased by .25% without payroll deduction or automatic payment. Rates for this product are determined by an evaluation of applicant credit. Your rate may vary from the rate shown. Sample Monthly Payment: $17.75 for every $1000 borrowed at 2.49% APR at 60 months. Monthly payment (per $1,000) examples are based on longest term in each range. Your payment may vary.

   

 
Recreational Vehicle Loans    
$5,000 to $10,000 - up to 84 months
$15.46 7.75%*
$10,001 to $24,999 - up to 120 months $11.35 6.49%*
$25,000 to $49,999 - up to 180 months $8.57 6.24%*
$50,000 to $74,999 - up to 180 months $8.43 5.99%*
$75,000 to $100,000 - up to 180 months $8.43 5.99%*
       
Mobile Home Loans (80% Financing)
1 to 15 Years $9.26 7.49%*
 

Monthly payment (per $1,000) examples are based on longest term in each range.

Payments do not include amount for taxes and insurance premiums and, if applicable, the payment obligation will be greater.

         

       
Home Equity Loans (as high as 80% LTV)
up to 36 months
$28.64
1.99%*
37 to 60 months
$18.11
3.24%*
61 to 120 months
$10.14
3.99%*
121 to 180 months
$7.77
4.69%*
181 to 240 months ($20,000 minimum)
$6.61
4.99%*
     
Home Equity Loans (81% - 95% LTV)
up to 36 months**** ($20,000 minimum) $29.34 3.49%*
37 to 60 months ($20,000 minimum) $18.79 4.74%*
61 to 120 months ($20,000 minimum) $10.88 5.49%*
121 to 180 months ($20,000 minimum) $8.57 6.19%*
181 to 240 months ($20,000 minimum) Not Available Not Available  
       
Gold Home Equity Line of Credit (as high as 80% LTV)
Variable Rate**   3.49%**
       

Monthly payment (per $1,000) examples are based on longest term in each range.

Payments do not include amount for taxes and insurance premiums and, if applicable, the payment obligation will be greater.

 
**Gold Home Equity Line of Credit Rate is as low as 51 basis points below the highest Prime Rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.49% APR or exceed 14.99% APR. Minimum Payment amount is $100.00 with 180 month amortization. Minimum Payment Example: If you made only the minimum payments and took no other credit advances, it would take 119 months to pay off a credit advance of $10,000 at an Annual Percentage Rate of 3.49%. During that period, you would make 119 monthly payments of $100.00, which is the minimum payment per month for this account and a final payment of $36.78. Maximum Rate and Payment Example: If you had an outstanding balance of $10,000 during the draw period, the minimum payment at the maximum Annual Percentage Rate of 14.99% would be $139.89. This Annual Percentage Rate could be reached during the first month of the draw period. If you had an outstanding balance of $10,000 during the repayment period, the minimum payment at the maximum Annual Percentage Rate of 14.99% would be $161.27. Rates on these products are determined by an evaluation of applicant credit. Your rate may vary from the rate shown.
         
Interest-Only Home Equity Line of Credit (as high as 80% LTV)
Variable Rate***   3.99%***
       
Payments do not include amount for taxes and insurance premiums and, if applicable, the payment obligation will be greater.
 

***Annual Percentage Rate for the Interest Only Home Equity Line of Credit is as low as 25 basis points below the highest prime rate as published in the Money Rates Section of the Wall Street Journal in effect on the last business day of each calendar month of each year. Rate cannot fall below 3.99% APR or exceed 15.49% APR. There is an origination fee of $100. Minimum Rate and Payment Example: If you made only the minimum monthly payment and took no other credit advances it would take 7 years 7 months to pay off a credit advance of $10,000 at an Annual Percentage Rate of 3.99%. During that period, you would make 36 payments of $30.61 to $33.89, followed by 54 payments of $200.00 and one (1) final payment of $155.19. Maximum Rate and Payment Example: During the draw period, if you had an outstanding balance of $10,000, the minimum payment at the maximum Annual Percentage Rate of 15.49% would be $131.56. This Annual Percentage Rate could be reached at the time of the 1st payment. The Interest Only Home Equity Line of Credit has a term of 276 months and provides for the payment of interest only for the first 36 months of the term and payments of principal and interest for the remaining 240 months of the term. During the interest only period, principal is not reduced and your payment may vary monthly depending on the number of days in the month. At the end of this period, your monthly payment will increase, possibly substantially, because you will be required to pay down the outstanding principal. The minimum payment during the remaining 240 months is $200.00. Always consider paying more than the minimum payment to pay down the principal.

Homeowners Insurance and Flood Insurance, if applicable, is required.

         

       
Other Loans      
Share Loans (up to 10 years)   5.00%*    
IRA Loans (to fund an IRA) (2 year term)   5.00%*    
Personal Line of Credit (Variable Rate)   12.65%*    
Certificate Loans (up to 5 Year)
2% above current term share certificate rate
 

*Rates shown include a 0.25% reduction to the Annual Percentage Rate, APR, if loan payments are made by Payroll Deduction or Automatic Transfer from an AMHFCU account. Annual percentage rates on these products are determined by an evaluation of applicant credit. Your rate may vary from the rate shown. All payments quoted are based on per $1,000 borrowed. Sample Monthly Payment Personal Line of Credit: $10.61 for every $1000 borrowed, The minimum payment is 2.5% of the loan balance. Monthly payment (per $1,000) examples are based on longest term in each range. Sample Monthly Payment Share Loan: $10.61 for every $1000 borrowed at 5.00APR at 120 months. Monthly payment (per $1,000) examples are based on longest term in each range. Sample Monthly Payment IRA Loan: $43.88 for every $1000 borrowed at 5.00% APR at 24 months. Monthly payment (per $1,000) examples are based on longest term in each range.

 

 
 Investment Account Rates
       
Share Rates Effective September 25, 2014 | Date of Last Rate Change: September 1, 2014
 
Rate may change after the account is opened. Maintenance or activity fees could reduce the earnings on the account.
       
Share Type
APY*
Dividend Rate
Compounded
       
Primary Share Savings
Balances of $100 to $9,999.99
0.11%
0.110%
Monthly
Balances of $10,000 or more
0.16%
0.160%
Monthly
       
Identity Protection Savings
Balances of $100 to $9,999.99
0.11%
0.110%
Monthly
Balances of $10,000 or more
0.16%
0.160%
Monthly
 

 
Club Accounts
Holiday Club (balances of $100 to $9,999.99)
0.11%
0.110%
Monthly
Holiday Club (balances of $10,000 or more)
0.16%
0.160%
Monthly
Vacation Club (balances of $100 to $9,999.99)
0.11%
0.110%
Monthly
Vacation Club (balances of $10,000 or more)
0.16%
0.160%
Monthly
Little Patriots Club (balances of $100 to $9,999.99)
0.11%
0.110%
Monthly
Little Patriots Club (balances of $10,000 or more)
0.16%
0.160%
Monthly

 
Checking Accounts
Totally Free Checking PLUS
     
(Balances of $1,000 or more)
0.11%
0.110%
Monthly
       
Identity Protection Checking
     
(Balances of $1,000 or more)
0.11%
0.110%
Monthly
       
VIP Checking
     
(Balances of $5,000 or more)
0.11%
0.110%
Monthly
       
Platinum Checking Account
Balances of $7,500 to $24,999.99
0.16%
0.160%
Monthly
Balances of $25,000 or more
0.21%
0.210%
Monthly
       
Cash Management Checking
Balances of $7,500 or more
0.16%
0.160%
Monthly

 
Money Market Accounts
Money Market Account
Balances of $2,500 to $24,999.99
0.16%
0.160%
Monthly
Balances of $25,000 or more
0.21%
0.210%
Monthly
       
VIP Money Market
     
(Balances of $50,000 or more)
0.26%
0.260%
Monthly
       
Platinum Money Market
     
(Balances of $75,000 or more)
0.310%
0.310%
Monthly
       
       

 
IRA Accounts
Regular IRA
0.16%
0.160%
Monthly
Platinum IRA Share (balances of $4.000 or more)
0.21%
0.210%
Monthly
 

Variable Rate Accounts.
Rates may change after account is opened. Fees could reduce earnings (minimum balance fee).

 

     
Certificates/IRA Certificates
3 Month
0.21%
0.208%
At Maturity
4 Month
0.25%
0.248%
At Maturity
4 Month IRA Only** 4.00% 3.948% At Maturity
5 Month
0.30%
0.298%
At Maturity
6 Month
0.31%
0.308%
At Maturity
7 Month
0.35%
0.348%
At Maturity
8 Month
0.35%
0.348%
At Maturity
9 Month
0.40%
0.398%
At Maturity
10 Month
0.45%
0.448%
At Maturity
11 Month
0.46%
0.457%
At Maturity
12 Month
0.46%
0.457%
Quarterly
13 Month
0.51%
0.507%
Quarterly
15 Month
0.51%
0.507%
Quarterly
18 Month
0.56%
0.557%
Quarterly
24 Month
0.86%
0.857%
Quarterly
30 Month
1.01%
1.006%
Quarterly
30 Month Legacy Club Certificate
1.150%
1.145%
Quarterly
36 Month
1.360%
1.353%
Quarterly
48 Month
1.760%
1.748%
Quarterly
60 Month
2.11%
2.094%
Quarterly


All Rates are subject to change without notice. Rates listed paid on $1,000 minimum balance. $500 minimum balance Certificates and IRA Certificates available at 0.10% lower Annual Percentage Yield. Premature withdrawals are subject to penalty. Fees may reduce earnings.

*APY expressed as Annual Percentage Yield. For additional info, see our Deposit Account Disclosure and Schedule of Fees and Charges. Accounts earn dividends on the daily account balance, and are posted monthly to the account excluding Certificates. Accounts closed prior to the end of the month will not receive a dividend. Account minimum balance to earn dividends: Share and Club Accounts $100; Totally Free Checking Account $1,000; Protection Checking Account $1,000 ($5 monthly service charge); VIP Checking Account $5,000; Platinum Checking Account $7,500; Cash Management Checking Account $7,500; Money Market Account $2,500; VIP Money Market Account $50,000; Platinum Money Market Account $75,000, Platinum IRA Share Account $4,000. Minimum withdrawal amount: Share, Club and Checking Accounts $20; Money Market Accounts and VIP Money Market Accounts $500; Platinum Money Market Account $1,000. Regular IRA does not have a minimum deposit. Premature withdrawals are subject to penalty. Fees may reduce earnings.

**One certificate per Account, Maximum deposit of $2,000. All Rates are subject to change without notice. Rates listed paid on $1,000 minimum balance. $500 minimum balance. Certificates and IRA Certificates available at 0.10% lower Annual Percentage Yield.

Call 800-342-0008 for further rate details.