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.
Checking, Savings and Certificates
|Account Type||Minimum Opening Balance||Minimum Dividend Balance||Dividend Rate/ APY*|
|Share Draft Checking||–||n/a||n/a|
|Regular Share Savings||$25||$100||0.08%|
|12-month Certificate Account||$1000||$1000||0.19%|
* APY is Annual Percentage Yield. All share account 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 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 2022-2023)||Borrow up to 100% of the value of the vehicle; maximum term of 72 months.||as low as 5.4% for 24 to 72 months|
|Used Vehicle Loan * (for model years 2019-2021)||Borrow up to 90% of the value of the vehicle; maximum term of 72 months.||as low as 6.4% for 24 to 72 months|
|Used Vehicle Loan * (for model years 2016-2018)||Borrow up to 90% of the value of the vehicle; maximum term of 72 months.||as low as 7.4% for 24 to 72 months|
|Used Vehicle Loan * (for model years 2015 and older)||Borrow up to 90% of the value of the vehicle; maximum term of 48 months.||as low as 8.4% for 24 to 48 months|
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.
* Motorcycles, recreational vehicles, trailers, boats and equipment with issued titles shall be considered as above with vehicles with an additional 0.5% interest added to current rate.
Personal Loans up to $10,000.00
|650 and above
Up to $10,000.00
|500 to 650
Up to $5,000.00
Up to $2,500.00
|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|