|Share Pledge||Annual Percentage Rate*||Daily Periodic Rate|
|Main Share (2.5% above last dividend declared)||2.60%||.00007123|
|High Yield (2.0% above last dividend declared)||2.15%||.00005890|
|Premium Yield (2.0% above last dividend declared)||2.25%||.00006164|
|Ultimate Yield (2.0% above last dividend declared)||2.35%||.00006438|
|Term Share Account (3.0% above last dividend declared)||Call for current rates|
|Car & Truck, New & Used||Annual Percentage Rate*||Daily Periodic Rate|
|Adjustable Rate, Up to 72 Months||3.75%||.00010274|
|Fixed Rate, Up to 72 Months||4.50%||.00012329|
|Adjustable Rate, Up to 84 Months||4.75%||.00013014|
|Fixed Rate, Up to 84 Months||5.50%||.00015068|
|Real Estate||Annual Percentage Rate*||Daily Periodic Rate|
|First Mortgage Loans||Click here for current rates.|
|** Home Equity (< 80% Loan-to-Value)||5.00%||.00013699|
|** Home Equity (> 80% Loan-to-Value)||5.25%||.00014384|
|Manufactured Home: New & Used||Annual Percentage Rate*||Daily Periodic Rate|
|Motor Home/Park Model, New & Used||Annual Percentage Rate*||Daily Periodic Rate|
|Motorcycle/ATV, New & Used||Annual Percentage Rate*||Daily Periodic Rate|
|Adjustable Rate, 84 Month||5.50%||.00015068|
|Fixed Rate, 84 Month||6.25%||.00017123|
|Special Collateral/Recreational Loan||Annual Percentage Rate*||Daily Periodic Rate|
|Aircraft, Camper or Travel Trailer, Marine (Boat, Boat Trailer, etc.), Computer, and Musical Instrument|
|Student Loans+ Call for current rates (888) 549-9050|
cuGrad Loans - 1% loan origination fee
3-Month LIBOR + 4.25%-6.75%
3-Month LIBOR + 2.99%-8.99%
+Student Loans must be applied for online. Certain restrictions may apply. Loans based upon credit approval. Rate and term based on creditworthiness. See www.custudentloans.org/hughesfcu for complete details and Truth-in-Lending Disclosure.
|Credit Cards||Annual Percentage Rate*||Daily Periodic Rate|
|Visa® (Platinum) ***||9.50%||.00026027|
|Visa® (Gold) ***||11.95%||.00032740|
|Visa® (Classic) ***||12.50%||.00034247|
|Unsecured||Annual Percentage Rate*||Daily Periodic Rate|
|Summer / Holiday Loan (Seasonal), Fixed Rate||9.50%||.00026027|
|Line of Credit||13.45%||.00036849|
|Signature Loan, Fixed Rate||13.45%||.00036849|
|Primary Checking Line of Credit||16.99%||.00046548|
|Credit Builder Loan||Annual Percentage Rate*||Daily Periodic Rate|
|Home Equity, Adjustable**||9.75%||.00026712|
All rates are adjustable except where indicated as a fixed rate. Rates reflect the Annual Percentage Rate (APR) and are effective January 1, 2014 until adjusted by the Hughes Federal Credit Union Board of Directors. The maximum APR, for any type of loan, shall not exceed the limit set by applicable law(s). The loan rate will be the rate in effect when the loan is completed.
** Adjustable Rate: The index is based on the quarterly average of the Wall Street Journal Prime Rate as stated on the first (1st) work day of each month within the calendar quarters beginning with January, April, July and October (“the Index”) plus a margin of 1.0% and adjusted upward to the nearest 0.250% on loans with a loan-to-value of 80% or less. On loans with a loan-to-value higher than 80%, the rate shall be determined by using the Index plus a margin of 2.0% and adjusted upward to the nearest 0.250%. On Rental/Vacation Property Loans, the rate shall be determined by using the Index plus a margin of 3.0% and adjusted upward to the nearest 0.250%. On Credit Builder Home Equity Loans, the rate shall be determined by using the Index plus a margin of 6.5% and adjusted upward to the nearest 0.250%. The APR shall be subject to modification and adjustment any quarter hereafter until this loan is fully paid and discharged, and shall not exceed the maximum interest rate “cap” of 18%, whichever is less, and shall not decline below the minimum interest rate of 5%.
***Penalty pricing will apply if we do not receive the required minimum monthly payment by the payment due date for two (2) consecutive months. The new increased rate of 16.99% APR (including any introductory rate and promotional rate) will apply on any existing and future purchase and cash advance balances. After the account is paid as agreed according to the terms of the Credit Card Agreement for six (6) consecutive months, the rate will be reduced back to the current prevailing APR.
A complete Truth in Lending Disclosure will be given at the time of application. Share Pledge loan rates are based upon the last dividend declared due to federal credit union dividend declaration procedures.
Debt Protection is offered by the Credit Union for qualified members for most loans. For more information, click here.
The Credit Union offers low cost Guaranteed Asset Protection (GAP). Click here to read more about GAP.