Housatonic Teachers Financial Credit Union

Serving Educational Professionals and their Families since 1935

Rates

Loan Rates

Vehicle Loans
Term APR*
New Auto 36 Months 2.00%
New Auto 48 Months 2.50%
New Auto 60 Months 3.00%
Used Auto 36 Months 3.00%
Used Auto 48 Months 3.50%
Used Auto 60 Months 4.00%

2011 – 2014 are considered “used” automobile rates.

We finance 100% of the purchase price before taxes, fees and registration.

Personal & Co-maker Loans
Minimum Maximum Term APR*
$1,000 $12,000 up to 48 months 7.90%
Up to $6,000 for a single signer / $12,000 for co-signer loans
Share Secured Loans
Minimum Term APR*
Regular Shares $1,000 min. up to 48 months 2.05%
Home Equity Loans (CT Only)#
Minimum Maximum Term APR*
$5,000 $50,000 60 months 5.00%
$5,000 $50,000 120 months 6.00%
Home Equity Lines of Credit (CT Only)#@
Minimum Maximum APR*
$0.00 Call Office Draw period up to 60 months Prime – .75%

* Annual Percentage Rate

# No closing costs*, application fee, or points.

* Member may be responsible for actual closing costs incurred by the credit union if the related loan is paid off within one year of origination date.

@ Home Equity Lines of Credit provide for a draw period of up to five years, followed by a ten year repayment term. During the draw period, the member is required to make monthly interest only payments. HELOCs are variable rates, adjusted quarterly based up the Wall Street Journal Prime Rate. The interest rate payable on a Home Equity Line of Credit may be tax deductible, please seek further information from your accountant/financial advisor.

All rates, terms, and yields are subject to change – please call (203) 378-7503 for current rates and complete terms. Rates available on approved credit.

Saving & Certificate Rates

Savings Accounts
APY*
Regular Savings .15%
Holiday Clubs .15%
Vacation Clubs .15%
“You Name It” Club .15%

Savings Accounts Annual Percentage Yields (APY) are as of the quarter ending March 31,2015. Dividends are declared and credited quarterly.

Term Share Certificates
Effective as of 2014 APY*
12 months ($1,000 minimum deposit required) .20%
36 months ($2,000 minimum deposit required) .60%
60 months ($2,500 minimum deposit required) 1.05%

Interest on Term Share Certificates will be credited monthly. Penalty for early withdrawals.

* Annual Percentage Yield. The annual percentage yield assumes that interest will remain on deposit until the maturity date.

All rates, terms, and yields are subject to change – please call (203) 378-7503 for current rates and complete terms. Rates available on approved credit.

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