Rates

Vehicle, Personal & Credit Card Loan Rates

Effective Date: July 1, 2017

Auto Refinance or PurchaseMaximum Financing ValueMinimum AmountMaximum TermAPRDiscount APR*
2017 - 2013 New or Used120%$50060 Months3.49%2.99%
2017 - 2013 New or Used120%$15,00072 Months3.74%3.24%
2017 - 2016 New120%$40,00084 Months5.99%5.49%
2012 - 2010 Used120%$50048 Months4.99%4.49%
2009 - 2007 Used120%$50048 Months5.99%5.49%
Unsecured LoanMinimum AmountMaximum TermAPRDiscount APR*
Signature$50048 Months9.99%9.49%
VisaŽMinimum AmountAPR
Gold Card$5006.90%
Cash Back Card$5009.99%
Secured Card$5007.90%
Boat, Motor, & Trailer Purchase or RefinanceMaximum Financing ValueMinimum AmountMaximum TermsAPRDiscount APR*
2017 - 2013 New or Used120%$50060 Months5.99%5.49%
2017 - 2013 New or Used120%$15,00072 Months6.49%5.99%
2017 - 2013 New or Used90%$40,000120 Months7.99%7.49%
Secured Share or StockMaximum Financing ValueMinimum AmountMaximum TermAPRDiscount APR*
Certificate100%$500Maturity Balloon2.99%~2.49%~
Savings100%$50036 Months Balloon3.49%2.99%
Money Market100%$50036 Months Balloon3.99%3.49%
Stock80%$500036 Months7.79%7.29%
Stock80%$500084 Months8.99%8.49%
Powersport Purchase or RefinanceMaximum Financing ValueMaximum TermAPRDiscount APR*
2017 - 2013 New or Used120%60 Months5.99%5.49%
RV Purchase or RefinanceUp toMinimum AmountMaximum TermAPRDiscount APR*
2017 - 2013 New or Used120%$50060 Months5.99%5.49%
2017 - 2013 New or Used120%$15,00072 Months6.49%5.99%
2017 - 2013 New or Used90%$40,000120 Months7.99%7.49%

Member Loyalty Discount

Members can receive a discount up to 0.50% off their auto loan rate!

  • 0.25% discount if you have been a member for at least four years
  • 0.25% discount if you have at least four of the following products at Telco: Checking, ATM/debit card, Opt-in, Share Certificate, IRA, 1st Mortgage, Visa® credit card.

Online applications accepted. Other consumer/mortgage loan types and terms available upon request.
 

$10 Application fee due at the time of application (excluding Visa®). All consumer loan rates are subject to creditworthiness. Your rate may differ. Rates can be changed without notice. 
 

* Discount APR applies with (a) automatic deduction from a Baton Rouge Telco Federal Credit Union Checking Account and (b) direct deposit relationship (excluding Visa®).

 

Quoted rate of 2.99% APR for 60 months has payments per $1,000 equal to $17.96/month.

Quoted rate of 2.99% APR for 36 months has payments per $1,000 equal to $29.08/month.

Quoted rate of 5.49% APR for 60 months has payments per $1,000 equal to $19.10/month.

Quoted rate of 9.49% APR for 48 months has payments per $1,000 equal to $25.10/month.

Savings, Certificates, and IRAs

Effective Date: July 1, 2017

Share Deposit ProductsMinimum Opening BalanceMinimum Balance to Earn DividendsRateAPY*
Share Savings$5$500.10%0.10%
Elite Checking$5$2,5000.05%0.05%
Special Savings$5$500.10%0.10%
Christmas Club Savings$5$50.10%0.10%
All Star UTMA Savings$5$50.75%0.75%
Money Market Savings$2,500$2,5000.20%0.20%
IRA SavingsNo MinNo Min0.40%0.40%

Share or IRA Certificates**Minimum Opening BalanceMinimum Balance to Earn DividendsRateAPY*
3 Month Certificate$500$5000.25%0.25%
6 Month Certificate$500$5000.55%0.55%
1 Year Certificate$500$5001.00%1.00%
2 Year Certificate$500$5001.49%1.50%
3 Year Certificate$500$5001.59%1.60%
4 Year Certificate$500$5001.69%1.70%
5 Year Certificate$500$5001.98%2.00%

*APY = Annual Percentage Yield. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates are variable rate accounts and are subject to change at any time. Rates are not guaranteed. Penalties for early withdrawals may apply.

** Member may exchange the existing rate for the current rate once during the term of a 2, 3, 4, or 5 year certificate. The original maturity date does not change. Fees and conditions may reduce earning on the account.

Real Estate Loan Rates

Effective Date: July 13, 2017

First Mortgage Purchase & RefinanceMaximum FinancingRate*APR*
15 Year FixedUp to 95%**
Up to $99,9993.500%3.727%
$100,000 to $199,9993.375%3.560%
$200,000 to $424,1003.250%3.413%
$424,101 to $1,000,0003.500%3.653%

First Mortgage Purchase & RefinanceMaximum FinancingRate*APR*
30 Year FixedUp to 95%**
Up to $99,9994.125%4.253%
$100,000 to $199,9994.000%4.104%
$200,000 to $424,1003.875%3.967%
$424,101 to $1,000,0004.125%4.212%

First Mortgage Refinance Cash/Equity OutMaximum FinancingRate*APR*
15 Year Fixed RateUp to 90%***
Up to $99,9994.000%4.227%
$100,000 to $199,9993.875%4.060%
$200,000 to $424,1003.750%3.913%
$424,101 to $1,000,0004.000%4.153%

First Mortgage Refiannce Cash/Equity OutMaximum FinancingRate*APR*
30 Year Fixed RateUp to 90%***
Up to $99,9994.625%4.753%
$100,000 to $199,9994.500%4.604%
$200,000 to $424,1004.375%4.467%
$424,101 to $1,000,0004.625%4.712%

Other Real Estate Products****Maximum Cost/TermsMaximum FinancingRate*APR*
Home Equity Line of Credit$199 Processing FeeUp to 90%4.50%4.500%
Second Mortgage Loan Fixed Rate10 YearsUp to 90%6.75%7.229%
Land or Lot Fixed Rate5 YearsUp to 80%6.75%7.637%

* All rates, fees, and terms are subject to change, not guaranteed and are based on credit qualifications and lending guidelines.
 
** Maximum financing on amounts about $424,100 is 80%.
 
*** Maximum financing on amounts about $424,100 is 65%.
 
**** Rates are determined by the current Prime Interest Rate, which can be found in Key Interest Rates section of WSJ.