Savings & Checking Account Rates

Effective Date 12/12/2019

Account Type Dividend Rate Annual Percentage Yield (APY) Minimum Opening Deposit Minimum Balance to Earn Stated APY
Share 0.05% 0.05% $5.00 $5.00
Savings 0.15% 0.15% $0.00 $0.00
Little Scholars &
Boom! Savings
1.69% 1.70% $0.00 $0.00
My Goal Savings* 1.98% 2.00% $5.00 $0.00
Save the Change 0.60% 0.60% $0.00 $0.00
Money Market 0.20% 0.20% $2,500.00 $0 - $2,499
  0.30% 0.30%   $2,500 - $9,999
  0.35% 0.35%   $10,000 - $24,999
  0.40% 0.40%   $25,000 - $49,999
  0.50% 0.50%   $50,000 - $99,999
  0.60% 0.60%   $100,000 - $149,999
  0.75% 0.75%   $150,000+
Business Platinum Money Market 0.20% 0.20% $10,000.00 $0 - $2,499
  0.30% 0.30%   $2,500 - $9,999
  0.35% 0.35%   $10,000 - $24,999
  0.40% 0.40%   $25,000 - $49,999
  0.50% 0.50%   $50,000 - $99,999
  0.60% 0.60%   $100,000 - $149,999
  0.75% 0.75%   $150,000 - $249,999
  1.489% 1.50%   $250,000 - $499,999
  1.98% 2.00%   $500,000 - $999,999
  2.225% 2.25%   $1,000,000+
eChecking** 0.25% 0.25% $0.00 $0.00
Relationship Checking 0% 0% $0.00 $0 - $999
  0.10% 0.10%   $1,000 - $4,999
  0.15% 0.15%   $5,000+
H.S.A. Checking 0.40% 0.40% $0.00 $0 - $2,499
  0.40% 0.40%   $2,500 - $9,999
  0.60% 0.60%   $10,000 - $24,999
  0.70% 0.70%   $25,000 - $49,999
  0.70% 0.70%   $50,000 - $99,999
  0.70% 0.70%   $100,000+
Business Advantage Checking** 0.15% 0.15% $0.00 $0 - $49,999
  0.20% 0.20%   $50,000 - $99,999
  0.30% 0.30%   $100,000 - $149,999
  0.40% 0.40%   $150,000+
Business Platinum Checking** 0.15% 0.15% $0.00 $0 - $49,999
  0.20% 0.20%   $50,000 - $99,999
  0.30% 0.30%   $100,000 - $149,999
  0.40% 0.40%   $150,000+
 
Rates are subject to change without notice. Dividends compound monthly.
* Penalty for early withdrawal. Maximum deposit of $100.00 per week.
** Fees could reduce earnings

Certificate Rates

Effective Date 12/12/2019

Account Term $500-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000-$149,999 $150,000+
3 Month
  Dividend Rate 0.30% 0.35% 0.60% 0.70% 0.80%
  Annual Percentage Yield 0.30% 0.35% 0.60% 0.70% 0.80%
  Instant Dividend 0.30% 0.35% 0.60% 0.70% 0.80%
6 Month
  Dividend Rate 0.80% 0.85% 1.094% 1.193% 1.292%
  Annual Percentage Yield 0.80% 0.85% 1.10% 1.20% 1.30%
  Instant Dividend 0.80% 0.85% 1.094% 1.193% 1.292%
9 Month
  Dividend Rate 0.95% 1.00% 1.242% 1.341% 1.440%
  Annual Percentage Yield 0.95% 1.00% 1.25% 1.35% 1.45%
  Instant Dividend 0.95% 1.00% 1.242% 1.341% 1.440%
12 Month
  Dividend Rate 1.292% 1.341% 1.587% 1.686% 1.784%
  Annual Percentage Yield 1.30% 1.35% 1.60% 1.70% 1.80%
  Instant Dividend 1.292% 1.341% 1.587% 1.686% 1.784%
18 Month
  Dividend Rate 1.292% 1.341% 1.587% 1.686% 1.784%
  Annual Percentage Yield 1.30% 1.35% 1.60% 1.70% 1.80%
  Instant Dividend 1.292% 1.341% 1.587% 1.686% 1.784%
24 Month
  Dividend Rate 1.686% 1.735% 1.980% 2.078% 2.176%
  Annual Percentage Yield 1.70% 1.75% 2.00% 2.10% 2.20%
  Instant Dividend 1.686% 1.735% 1.980% 2.078% 2.176%
36 Month
  Dividend Rate 1.784% 1.833% 2.078% 2.176% 2.274%
  Annual Percentage Yield 1.80% 1.85% 2.10% 2.20% 2.30%
  Instant Dividend 1.784% 1.833% 2.078% 2.176% 2.274%
48 Month
  Dividend Rate 1.931% 1.980% 2.225% 2.323% 2.421%
  Annual Percentage Yield 1.95% 2.00% 2.25% 2.35% 2.45%
  Instant Dividend 1.931% 1.980% 2.225% 2.323% 2.421%
60 Month
  Dividend Rate 2.078% 2.078% 2.274% 2.372% 2.469%
  Annual Percentage Yield 2.10% 2.10% 2.30% 2.40% 2.686%
  Instant Dividend 2.078% 2.078% 2.274% 2.372% 2.469%
Boom! Certificate*
  Dividend Rate 2.686%        
  Annual Percentage Yield 2.72%        
 
1. Rates are subject to change without notice. Dividends compound monthly.
2. Penalty for early withdrawal: Terms of less than 9 months = 90 Days' Dividends; Terms of 9 months but less than 24 months = 180 Days' Dividends; Terms of 24 months and greater = 365 Days' Dividends
3. *Boom! Certificate is a youth account for ages 0-19 years. Term is 24 months. Minimum opening deposit of $250. Maximum deposit of $7,500
4. All other certificate types (3, 6, 9, 12, 18, 24, 36, 48, and 60 month) have a $500 minimum opening deposit.
5. CMCU will waive the penalty for withdrawals of up to 10% of the opening balance one time during the term of a certificate

IRA Certificates

Effective Date 12/12/2019

Account Term $500-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000-$149,999 $150,000+
12 Month
  Dividend Rate 1.292% 1.341% 1.587% 1.686% 1.784%
  Annual Percentage Yield 1.30% 1.35% 1.60% 1.70% 1.80%
24 Month
  Dividend Rate 1.686% 1.735% 1.980% 2.078% 2.176%
  Annual Percentage Yield 1.72% 1.75% 2.00% 2.10% 2.20%
36 Month
  Dividend Rate 1.784% 1.833% 2.078% 2.176% 2.274%
  Annual Percentage Yield 1.80% 1.85% 2.10% 2.20% 2.30%
48 Month
  Dividend Rate 1.931% 1.980% 2.225% 2.323% 2.421%
  Annual Percentage Yield 1.95% 2.00% 2.25% 2.35% 2.45%
60 Month
  Dividend Rate 2.078% 2.078% 2.274% 2.372% 2.469%
  Annual Percentage Yield 2.10% 2.10% 2.30% 2.40% 2.50%
Rates are subject to change without notice. Dividends compound monthly.
Penalty for early withdrawal: Terms of 12 months but less than 24 months = 180 Days' Dividends; Terms of 24 months or greater = 365 Days' Dividends.
For IRA Certificate accounts, the minimum opening deposit must be at least $500.00 per certificate.
 

IRA Savings Rates

Effective Date 12/12/2019

 
Type Dividend Rate Annual Percentage Yield Minimum Opening Deposit Minimum Balance to Earn Stated APY
IRA Savings 0.20% 0.20% $25.00 $0 - $2,499
  0.25% 0.25%   $2,500 - $9,999
  0.30% 0.30%   $10,000 - $24,999
  0.35% 0.35%   $25,000 - $49,999
  0.60% 0.60%   $50,000 - $99,999
  0.70% 0.70%   $100,000-$149,999
  0.90% 0.90%   $150,000+
 
Rates are subject to change without notice. Dividends compound monthly

Loans

Effective Date 12/12/2019

Loan Rates as low as
Vehicle (2016 & newer) 3.881% APR
Vehicle (2011 - 2015) 4.082% APR
Vehicle (2009 - 2010) 4.583% APR
Vehicle (2008 & older) 4.833% APR
New Recreational Vehicle (Motorhome, Camper, Boat, etc.) 4.422% APR
New Recreational Vehicle (Snowmobile, ATV, UTV, Personal Watercraft, etc.) 5.174% APR
Used Recreational Vehicle (Motorhome, Camper, Boat, etc.) 4.923% APR
Used Recreational Vehicle (Snowmobile, ATV, UTV, Personal Watercraft, etc.) 5.675% APR
 
Rates are subject to change without notice. Rates may vary by term of loan. Rates subject to credit approval. Recreational vehicle rates are based on a vehicle value less than $15,000. Contact us for rates.

Credit Cards

Effective Date 12/12/2019

Annual Percentage Rate (APR) for Purchases Visa
15.90% (cashRewards)
11.90% (Classic A)
13.90% (Classic B)
9.90% (Platinum)
Other APRs Cash Advance APR - 15.90% (cashRewards
Cash Advance APR - 11.90% (Classic A)
Cash Advance APR - 13.90% (Classic B)
Cash Advance APR - 9.90% (Platinum)
Grace Period for Purchases 25 Days
Method of Computing the Balance of Purchases Average Daily Balance (including new purchases)
Annual Fee $10.00 (Classic A)
None (cashRewards, Classic B or Platinum)
Minimum Finance Charge None
Transaction Fee for Purchases None
Late Payment Fee Up to $25.00
Over-the-Credit-Limit Fee $15.00
 
Rates are subject to change without notice.

Mortgage Loans

Rates last updated on 12/12/2019

Here are loan programs we offer. These programs are unique to Central Minnesota Credit Union. To learn more about these program and many others, please call us at (888) 330-8482.

Program Name Rate Annual Percentage Rate (APR)
15 Year Fixed (Conforming) 3.375% 3.482%
30 Year Fixed (Conforming) 3.875% 3.937%
30 Year Fixed (FHA) 3.500% 4.746%
30 Year Fixed (VA) 3.625% 3.914%
 
Rates are subject to change without notice.

 

15 Year Fixed Rate Conforming

 
Interest Rate 3.375%
APR 3.482%
 Loan Amount $200,000
Down Payment 20%
Monthly Principal & Interest Payment
(excluding taxes and insurance)
$1,417.52
*Rates and Information based off Middle Credit Score of 740, Purchase Transaction, Primary Residence, Detached and 1 Unit Property.

30 Year Fixed Rate Conforming

 
Interest Rate 3.875%
APR 3.937%
 Loan Amount $200,000
Down Payment 20%
Monthly Principal & Interest Payment
(excluding taxes and insurance)
$940.47
*Rates and Information based off Middle Credit Score of 740, Purchase Transaction, Primary Residence, Detached and 1 Unit Property.

30 Year Fixed Rate FHA

 
Interest Rate 3.500%
APR 4.746%
 Loan Amount $144,750
Down Payment 3.5%
Term 30 Years
Monthly Principal & Interest Payment
(excluding taxes and insurance)
$661.37
*Rates and Information based off Middle Credit Score of 700, Purchase Transaction, Primary Residence, Detached and 1 Unit Property.

30 Year Fixed Rate VA

 
Interest Rate 3.625%
APR 3.914%
 Loan Amount $150,000
Down Payment 0%
Term 30 Years
Monthly Principal & Interest Payment
(excluding taxes and insurance)
$706.65
*Borrower must be eligible for VA Loans.
*Rates and Information based off Middle Credit Score of 740, Purchase Transaction, Primary Residence, Detached and 1 Unit Property.