Lexington MA Federal Credit Union

Rates

At Lexington MA Federal Credit Union, we strive to offer competitive rates on loans and savings products. If you’re unsure how much you can afford to borrow, our Loan Calculator can help you plan.

Rates are effective as of September 17, 2015. All rates are subject to change without notice.

Checking, Savings and Certificates

Account Type Minimum Opening Balance Minimum Dividend Balance Dividend Rate/ APY*
Share Draft Checking $5 n/a n/a
Regular Share Savings $25 $100 Please contact us for current rate.
12-month Certificate Account $1000 $1000 0.19%
6-month Certificate Account n/a n/a n/a

* APY is Annual Percentage Yield. All share accont dividends are earned on the average daily balance (unless otherwise noted) and are posted and compounded monthly. All share account rates are Variable Rates (unless otherwise noted). **Dividends on Certificates is paid on the actual balance at maturity. A penalty will be imposed for early withdrawal of funds from Certificate’s. See our Truth-In-Savings disclosure concerning dividend calculation methods and restrictions. Rates are subject to change. Not responsible for typographical errors or omissions.

Loan Rates

Loan Type Type & Terms Annual Percentage Rate
Share Secured Loan Maximum loan amount based on Savings balance. 2.4%
Personal Loan Borrow a maximum of $10,000 for up to 48 months. as low as 11.5%
New/Recent Vehicle Loan (for model years 2016-2017) Borrow up to 100% of the value of the vehicle; maximum term of 72 months. as low as 1.9% for 24 to 72 months
Used Vehicle Loan (for model years 2014-2015) Borrow up to 90% of the value of the vehicle; maximum term of 72 months. as low as 3.9% for 24 to 72 months
Used Vehicle Loan (for model years 2010-2013) Borrow up to 90% of the value of the vehicle; maximum term of 48 months. as low as 4.9%
New Boat Borrow up to $50,000; maximum term 72 months. as low as 2.9%
Used Boat (based on used vehicle rates) Maximum term up to 72 months. 0.5% added to current vehicle rates

Optional Credit Life and Credit Disability Insurance are available at additional cost; credit insurances are not required for borrowing. Rates are subject to change. Not responsible for typographical errors or omissions.

Visa Credit Card – Interest Rates and Interest Charges
Annual Percentage Rate 11.9% Fixed
How to Avoid Paying Interest on Purchases 25-day grace period before interest begins accumulating on your Visa purchases
For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard/
Visa Credit Card – Fees
Annual Fee None