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Rates

Auto and RV Rates
DescriptionAs Low As
New and Used Vehicle Loans 2.74% APR*
* Annual Percentage Rate. Rates accurate as of 10/12/20. Rates are subject to change without notice. Rate determined by credit history, terms, and security. Vehicle insurance is required. New purchases or refinances from other financial institutions only. Some restrictions may apply.

Recreational Loan Rates
DescriptionAs Low As
Motorsports & Campers
Lawn tractors, dirt bikes, snowmobiles, jet ski's, and small RV's
5.79% APR*
Large RV & Boat
Motor homes, fifth-wheelers, boats, and travel trailers
4.49% APR*
Terms up to 180 months 5.99% APR*
Motorcycles
600 CC and up
2.99% APR*
* Annual Percentage Rate. Rates accurate as of 10/12/20. Rates are subject to change without notice. Rate determined by credit history, terms, and security. Monthly payments of $8.71 for every $1,000 financed at 6.49% APR for a term of 180 months. Recreational insurance is required. New purchases or refinances from other financial institutions only. Some restrictions may apply.

Home Equity Loan & Home Improvement Rates
DescriptionAs Low As
Home Equity Loan (Fixed Rate) 4.14% APR*
Home Equity Line of Credit 3.00% APR*
Home Improvement Loan 6.99% APR*
Michigan Saves Home Energy Loan 5.49% APR*
Mortgage Retirement Loan 3.69% APR*
*Annual Percentage Rate. Rates accurate as of 10/12/20. Rates may vary based on credit history and LAFCU's underwriting guidelines. The variable APR for Home Equity Line of Credit ranges from 4.25% -  8.75% APR. The interest rate is subject to change without notice and will not be lower than 3% APR and will not exceed 18% APR. Interest may be tax-deductible; please consult your tax advisor. Michigan owner-occupied properties only. Property insurance is required. Additional restrictions may apply.

Personal Loan Rates
DescriptionAs Low As
Debt Consolidation Loan 6.99% APR*
Your Life. Your Loan. 6.99% APR*
Assistance Loan 6.99% APR*
*Annual Percentage Rate. Rates accurate as of 10/12/20. Programs, rates, terms and conditions are subject to change without notice.  Subject to credit qualification and approval. Rate may vary based on individual creditworthiness. Additional restrictions may apply.

Credit Card Rates
DescriptionAs Low As
Visa Signature 16.24% APR*
Simple Visa 8.49% APR*
Rewards Visa 10.40% APR*
* Annual Percentage Rate. Rates accurate as of 10/12/20. All credit cards offer a 25 day grace period.  Other rates and fees apply.

Visa Credit Card Agreement
Visa Signature Rate & Fees
Simple Visa Rate & Fees
Rewards Visa Rates & Fees

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e-Checking
DescriptionDividend RateAPY*
e-Checking 0.00% 0.00%

Checking
DescriptionDividend RateAPY*
Regular Tier 1 - $0 - $2,499.99 0.00% 0.00%
Regular Tier 2 - $2,500 - $9,999.99 0.05% 0.05%
Regular Tier 3 - $10,000 & Above 0.10% 0.10%
Dividends paid only on funds within specified range.
*Annual Percentage Yield. Rates accurate as of 10/12/20. Rates are subject to change without notice. Dividend rates and annual percentage yield on regular checking accounts are on entire balance when funds are within specified range.

Business Checking Account
Account TypeDividend RateAPY*Dividends CompoundedDividends CreditedDividends PeriodMaintenance FeeMinimum Balance to Avoid Maintenance Fee
Small Business Checking
First 75 items free, then $0.25 ea
  0.00% 0.00% n/a n/a n/a $5.00 $200.00
Business Advantage Checking
First 200 items free, then $0.25 ea
  0.00% 0.00% n/a n/a n/a $15.00 $2,000.00
Premier Checking
First 200 items free, then $0.25 ea
$0 - $2,499.99 0.00% 0.00% Monthly Monthly Monthly $25.00 $20,000.00
$2,500 - $9,999.99 0.05% 0.05% Monthly Monthly Monthly $25.00 $20,000.00
$10,000 and above 0.10% 0.10% Monthly Monthly Monthly $25.00 $20,000.00
* Annual Percentage Yield.

Savings Rates
DescriptionDividend RateAPY*
Savings ($100- $4,999.99) 0.05% 0.05%
Savings ($5000 - $19,999.99) 0.10% 0.10%
Savings ($20,000 - $99,999.99) 0.10% 0.10%
Savings ($100,000 & Above) 0.10% 0.10%
Youth Savings ($5 - $4,999.99) 0.05% 0.05%
Youth Savings ($5000-$19,999.99) 0.10% 0.10%
Youth Savings ($20,000-$99,999.99) 0.10% 0.10%
Youth Savings ($100,000 & Above) 0.10% 0.10%
Holiday Club 0.05% 0.05%
Bill Pay Plus 0.05% 0.05%
Loan Transfer 0.05% 0.05%
Special Purpose 0.05% 0.05%
* Annual Percentage Yield. Rates accurate as of 10/12/20. Rates are subject to change without notice. Dividend Rate and Annual Percentage Yield on these accounts are on entire balance when funds are within specified range. Minimum daily balance of $100 required to earn dividends on Savings. Minimum daily balance of $5 to earn dividends on Youth Savings. Fees could reduce earnings.

Term Share, IRA & HSA, & Youth Certificates
TermRateAPY*
Youth Certificates
12 Month 0.45% 0.45%
Regular Term Share, IRA, & HSA Certificates
3 Month 0.20% 0.20%
6 Month 0.35% 0.35%
12 Month 0.45% 0.45%
24 Month 0.55% 0.55%
36 Month 0.65% 0.65%
48 Month 0.80% 0.80%
60 Month 0.90% 0.90%
* Annual Percentage Yield. Rates accurate as of 10/12/20. Rates are subject to change without notice.  You are solely responsible for complying with any requirements including transaction limitations and penalties for early withdrawal under the Internal Revenue Code or other applicable Federal or State law governing any IRA or other Credit Union accounts. Regular Term Share Certificates require a minimum balance of $500 to open. Dividend Rate and Annual Percentage Yield on IRA Money Market accounts are on entire balance when funds are within specified range. Jumbo Term Share Certificates require a minimum balance of $10,000 to open. Penalties for early withdrawal will apply.

Jumbo Term Share, IRA & HSA Certificates
TermRateAPY*
12 Month 0.50% 0.50%
24 Month 0.60% 0.60%
36 Month 0.75% 0.75%
48 Month 0.90% 0.90%
60 Month 1.10% 1.10%
*Annual Percentage Yield.  Rates accurate as of 10/12/20. Rates are subject to change without notice.  You are solely responsible for complying with any requirements including transaction limitations and penalties for early withdrawal under the Internal Revenue Code or other applicable Federal or State law governing any IRA or other Credit Union accounts. Regular Term Share Certificates require a minimum balance of $500 to open. Dividend Rate and Annual Percentage Yield on IRA Money Market accounts are on entire balance when funds are within specified range. Jumbo Term Share Certificates require a minimum balance of $10,000 to open. Penalties for early withdrawal will apply.

Money Market Rates
DescriptionDividend RateAPY*
$2,500 - 19,999.99 0.15% 0.15%
$20,000 - $99,999.99 0.20% 0.20%
$100,000 - $149,999.99 0.20% 0.20%
$150,000 & Above 0.25% 0.25%
* Annual Percentage Yield. Rates accurate as of 10/12/20.  Rates are subject to change without notice.  You are solely responsible for complying with any requirements including transaction limitations and penalties for early withdrawal under the Internal Revenue Code or other applicable Federal or State law governing any IRA or other Credit Union accounts. Dividend Rate and Annual Percentage Yield on IRA Money Market accounts are on entire balance when funds are within specified range. Minimum daily balance of $2,500 required to earn dividend on Money Market. Fees could reduce earnings.

IRA & HSA Money Market Rates
DescriptionDividend RateAPY*
$0 - 4,999.99 0.15% 0.15%
$5,000 - $19,999.99 0.20% 0.20%
$20,000 - $99,999.99 0.20% 0.20%
$100,000 & Above 0.25% 0.25%
* Annual Percentage Yield. Rates accurate as of 10/12/20. Rates are subject to change without notice.  You are solely responsible for complying with any requirements including transaction limitations and penalties for early withdrawal under the Internal Revenue Code or other applicable Federal or State law governing any IRA or other Credit Union accounts. Dividend Rate and Annual Percentage Yield on IRA Money Market accounts are on entire balance when funds are within specified range.

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