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Ellis County Teachers & Employees FCU Go to main content

Rates

Loan Rates

These rates are subject to change monthly.

Share/CD Secured
Share secured loans are available. The interest is 1% percentage point over the dividend rate paid on your shares in the previous quarter, subject to change each quarter. CD secured loans are available. The interest rate is 1% percentage point over the dividend rate paid on your CD, subject to change when your CD matures. If the interest rate on a Share Secured loan or CD Secured loan should change, the changed rate applies only to new loans, not loans currently enforced.

Signature
RateTermAmount
15.00% UP TO 18 MONTHS UP TO $1,700.00

Consolidation
RateTermAmount
15.00% UP TO 24 MONTHS UP TO $2,500.00

New Auto
RateTerm
3.25% 61 - 72 MONTHS  
3.00% 49 - 60 MONTHS  
2.75% 37 - 48 MONTHS  
2.50% UP TO 36 MONTHS  

On new autos, the Credit Union will finance 100% of the MSRP (Manufacturer's Suggested Retail Price).

A vehicle will be considered new if it has less than 15,000 miles and carrying a standard new auto warranty. Same applies to a program auto or a dealer demo auto. May be modified depending upon warranty remaining, number of months before new models will be available, etc.

Used Auto
RateTermYear
3.49% UP TO 72 MONTHS 2015 - 2017
3.99% UP TO 60 MONTHS 2012 - 2014
4.49% UP TO 48 MONTHS 2009 - 2011
4.99% UP TO 36 MONTHS 2008 & OLDER
On 2013 and newer used autos the Credit Union will finance up to the clean retail value, and on 2012 and older autos up to the clean loan value per NADA Official Used Car Guide, or 100% of sales price, whichever is less.

Personal Property
RateTermType
7.50% UP TO 48 MONTHS NEW
8.90% UP TO 48 MONTHS USED

Furniture & Appliances
RateTermType
8.40% UP TO 48 MONTHS NEW

RV, Boats & Motorcycles
RateTermType
Recreation Vehicle
6.99% UP TO 60 MONTHS NEW
7.99% UP TO 60 MONTHS USED
Boats & Motorcycles
5.90% UP TO 60 MONTHS NEW
6.90% UP TO 60 MONTHS USED

Saving Rates

Share/Savings

Share/savings accounts are allowed one free withdrawal per quarter. Each additional withdrawal will be charged a $5.00 transaction fee.

Dividends on share/savings accounts are paid quarterly and the rates may vary each quarter. The dividends are paid from income for the quarter and as income varies, so will the rate. The member will forfeit dividends that are accrued, but not paid in the event of an account closing.

Current rate paid on all share balances $25.00 and above - these rates are subject to change quarterly.

RateAPY
0.70% 0.70%

Certificates of Deposit
Current Certificate of Deposit rates. These rates are subject to change monthly.
RateTermNote
.80% 6 MONTH Early withdrawal penalty 60 days interest.
.90% 1 YEAR Early withdrawal penalty 90 days interest.
1.00% 2 YEAR Early withdrawal penalty 120 days interest.

Checks returned to the Credit Union due to insufficient funds will be charged a $25.00 fee.

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