Rates

Rates

Loans

Vehicle Rates
Visa
Personal Loan Rates
Home Equity Rates
Mortgage Rates
Recreational Loan Rates
Vehicle Rates
New Vehicle – Fixed Rate Loans – Effective December 1, 2018
APRMaximum Term
  
3.25%84 Months
New Vehicle – Variable Rate Loans
APRMaximum TermMarginMinimum APR
1.50%84 Months1.00%1.50%

APR – Annual Percentage Rate

*These are our lowest rates offered, your rate may vary depending on your credit history*

A car is considered “NEW” if it is next year’s, this year’s, or last year’s model, regardless of mileage or warranty.

SAMPLE VEHICLE LOAN TERMS:  $25,000.00 loan at 3.25%, 84 monthly payments of $333.14

Used Vehicle (less than 6 model years old) – Fixed Rate Loans
APRMaximum Term
3.75%84 Months
Used Vehicle (less than 6 model years old) – Variable Rate Loans
APRMaximum TermMarginMinimum APR
2.00%84 Months1.50%2.00%
Used Vehicle (greater than 6 model years old) – Fixed Rate Loans
APRMaximum Term
4.00%72 Months
Used Vehicle (greater than 6 model years old) – Variable Rate Loans
APRMaximum TermMarginMinimum APR
2.25%72 Months1.75%2.25%

APR – Annual Percentage Rate

*These are our lowest rates offered, your rate may vary depending on your credit history*

SAMPLE VEHICLE LOAN TERMS:  $20,000.00 loan at 3.75%, 84 monthly payments of $271.07.

Visa

Terms and Conditions

Interest Rate Information
Annual Percentage Rate (APR)13.95%
Other APR’s (Cash advances and balance transfers)13.95%
Finance Charge Information
Finance charges, how they are computed:
Purchases – Charges Accrue After:25 Day Grace PeriodUnless Balance Paid In Full, then No Finance Charge will be assessed
Cash Advances – Charges Accrue:Immediately
Method Used to Compute Finance Charge:Avg. Daily Balance Including New Purchases 
Other Charges
Annual FeeNone
Late Payment Fee$10.00
Over Limit FeeNone
ATM Fee$1.00 after 5 free/month
Return Check Fee$12.00
Card Replacement$5.00
Document Copy Fee$10.00
Foreign Transaction Fee1% of transaction amount

To obtain a copy of the BCSCU Visa Credit Card Agreement please call 541-754-7765
or Click Here to email us your request.

Personal Loan Rates
Personal Line of Credit – rate Effective December 1, 2018
VARIABLE APRDaily Periodic RateLoan TermMarginMinimum APR
8.10%.02219%60 Months5.50%6.00%
Signature Loans – rates Effective December 1, 2018
APRLoan Term
5.00%24 Months
6.00%36 Months
8.00%60 Months
Consolidation Loans – rates Effective December 1, 2018
APRLoan Term
5.00%36 Months
6.00%48 Months
7.00%60 Months

APR – Annual Percentage Rate

These are our lowest rates offered, your rate may vary depending on your credit history.

Home Equity Rates

Interest Rates & Loan Policies

Home Equity Loans – Effective December 1, 2018
APRLoan Term
5.50%72 Months
6.00%120 Months
6.50%180 Months

See below for a payment example.

Home Equity Line of Credit Loans – Effective December 1, 2018
APRDaily Periodic RateLoan TermMarginMinimum APR

6.00%

6.50%

0.01643

0.01780

5 year Draw Period

10 year Draw Period

3.00%

3.50%

4.00%

4.50%

*These are special start up rates.

The special variable APR (if any) is a start up rate that will apply to your loan for the first year of your HELOC loan, after which time it will change based on the index and margin offered.

This account may adjust quarterly as indicated above. The maximum adjustment per adjustment period is .50%, or 2.00% annually, based on our Index. The Index is the monthly average of the Six Month Treasury Bill Rate (Auction High) rounded up to the next .50%. The maximum rate under this plan is 10%, or the maximum permitted by law, whichever is less.

FEES AND CHARGES
You must pay certain fees to third parties to open the HELOC plan. These fees generally total between $0.00 and $1,000.00. If you ask, we will provide you with an itemization of the fees you will have to pay third parties. There are no transaction fees to use this account, annual fees to keep it open, or any other fee associated with the use of this account.

APR – Annual Percentage Rate
These are our lowest rates offered, your rate may vary depending on your credit history

PAYMENT EXAMPLE:

All Closed End Home Equity loans require a monthly payment. The following example of potential payments is based on a loan of $10,000, using our current offered superior rate for each loan term indicated.

Term of LoanInterest Rate (APR)# of PaymentsAmount of Monthly Payment
6 Years5.50%71$163.44
1$161.74
10 Years6.00%119$111.07
1$109.70
15 Years6.50%180$87.17
1$82.19

Please contact our loan department for additional information.

Mortgage Rates

First Mortgage Rates as of December 3, 2018

TermAPR
15-yr fixed4.710%
30-yr fixed5.370%
3-1 ARM3.500%      Disclosure & Payment Example
5-1 ARM4.000%      Disclosure & Payment Example

We offer both fixed rate and adjustable rate purchase and refinance mortgage loans.
We don’t charge points and we don’t require private mortgage insurance (PMI).
We provide LOW CLOSING COSTS and quick turn-around!

For more information contact our loan department.
We can be reached at 541-754-7765 or toll free 800-807-7893.

Recreational Loan Rates
New RV’s & Boats – Effective December 1, 2018
LoansAPRMaximum
Fixed Rate

3.99%

4.25%

4.50%

120 Mo.

144 Mo.

180 Mo.

New RV’s & Boats
LoansAPRMaximum TermMarginMinimum APR
 Variable Rate

*2.75%

*2.75%

*2.75%

120 Mo.

144 Mo.

180 Mo.

2.75%

2.75%

2.75%

3.75%

3.75%

3.75%

Used RV’s & Boats
LoansAPRMaximum Term
 Fixed Rate4.99%96 Mo.
Used RV’s & Boats
LoansAPRMaximum TermMarginMinimum APR
 Variable Rate*3.24%96 Mo.3.25%4.25%

APR – Annual Percentage Rate

*This is a start up rate.

These are our lowest rates offered, your rate may vary depending on your credit history.

SAMPLE RV/BOAT LOAN TERMS:  $40,000.00 loan at 4.25%, 144 monthly payments of $355.09.

CD

ACCOUNTS INTEREST RATE APY EFFECTIVE DATE
6 Month CD 0.25% 0.25% December 1, 2018
9 Month CD 0.30% 0.30% December 1, 2018
12 Month CD 0.45% 0.45% December 1, 2018
18 Month CD 0.50% 0.50% December 1, 2018
24 Month CD 0.60% 0.60% December 1, 2018
30 Month CD 0.70% 0.70% December 1, 2018
36 Month CD 0.80% 0.80% December 1, 2018
48 Month CD 0.90% 0.90% December 1, 2018
60 Month CD 1.20% 1.21% December 1, 2018

Rates subject to change without notice, contact the office to verify that the rates above are our current offering.

APY-Annual Percentage Yield
Minimum Certificate Amount = $1,000.00

Interest Paid Monthly to Certificate
Penalty for Early Withdrawal: All or any portion of the principal may be withdrawn prior to maturity of any term only with the credit union’s consent given at the time withdrawal is sought. If such consent is given, the withdrawn amount will be subject to a substantial penalty equal to the interest on the amount withdrawn at the simple interest rate of this account, but shall not be more than 90 days worth of interest nor less than five (5) days of interest on the withdrawn amount.
NON-TRANSFERABLE

IRA

Savings
IRA's
Savings
CD’s
Account TypeInterest RateAPY*Effective Date
1 Year CD0.25%0.25%December 1, 2018
2 Year CD0.50%0.50%December 1, 2018
3 Year CD0.75%0.75%December 1, 2018

Minimum Amount to open and earn APY = $100.00

Penalty for Early Withdrawal on CDs: All or any portion of the principal may be withdrawn prior to maturity of any term only with the credit union’s consent given at the time withdrawal is sought. If such consent is given, the withdrawn amount will be subject to a substantial penalty equal to the interest on the amount withdrawn at the simple interest rate of this account, but shall not be more than 90 days worth of interest nor less than five (5) days of interest on the withdrawn amount.

SAVINGS
Account TypeInterest RateAPY*Effective Date
IRA – Traditional, Roth, Education
(Paid Monthly) < $30,000
0.45%0.45%December 1, 2018
IRA – Traditional, Roth, Education
(Paid Monthly) < $50,000
0.50%0.50%December 1, 2018
IRA – Traditional, Roth, Education
(Paid Monthly) < $70,000
0.60%0.60%December 1, 2018
IRA – Traditional, Roth, Education
(Paid Monthly) < $90,000
0.60%0.60%December 1, 2018
IRA – Traditional, Roth, Education
(Paid Monthly) $90,000 +
0.60%0.60%December 1, 2018

*APY-Annual Percentage Yield

Minimum Balance to open a BCSCU Savings IRA – N/A

Rates may be changed monthly at the discretion of the Board of Directors.

Any applicable fees may reduce the earnings on the above accounts.

IRA's

Benton County Schools CU is the place to save for retirement or education expenses! We offer the following accounts:

Traditional IRAs
Roth IRAs
Coverdell Education Savings Accounts (formerly Education IRAs)
Choose from savings account or certificate of deposit investment options, whichever is best for you! Do you need more information about IRAs? Stop by to pick up a brochure or consult a tax advisor for more detailed information.

Benton County Schools CU cannot give tax advice.

Savings

Savings
Saving Types
Savings
ACCOUNTSDIVIDEND RATEAPY*MIN.BALANCE
TO RECEIVE APY
MIN. OPENING
BALANCE
EFFECTIVE DATE
Member Advantage Savings
(Paid Quarterly)
0.40%0.40%$2,500.00$2,500.00OCT 1-DEC 31
Member High Yield Savings
(Paid Monthly)
0.60%0.60%$25,000.00$25,000.00DEC 1-DEC 31
Money Market $30,000
(Paid Monthly)
0.45%0.45%$10,000.00$10,000.00DEC 1-DEC 31
Money Market $50,000
(Paid Monthly)
0.50%0.50%$10,000.00$10,000.00DEC 1-DEC 31
Money Market $70,000
(Paid Monthly)
0.60%0.60%$10,000.00$10,000.00DEC 1-DEC 31
Money Market $90,000
(Paid Monthly)
0.60%0.60%$10,000.00$10,000.00DEC 1-DEC 31
Money Market $90,000 +
(Paid Monthly)
0.60%0.60%$10,000.00$10,000.00DEC 1-DEC 31
Regular Shares
(Paid Quarterly)
0.05%0.05%$25.00$25.00OCT 1-DEC 31
Member Choice Accts.
(Paid Quarterly)
0.05%0.05%$25.00$25.00OCT 1-DEC 31
Christmas Savings
(Paid Monthly)
1.05%1.06%$0.01$0.01DEC 1-DEC 31
 Health Savings Accounts
(Paid Monthly)
0.20%0.20% $0.01$0.01DEC 1-DEC 31

*APY-Annual Percentage Yield

Rates may be changed monthly at the discretion of the Board of Directors.

Dividends are subject to credit union earnings and are officially declared at the end of the dividend period.

Any applicable fees may reduce the earnings on the above accounts.

Saving Types

BCSCU offers several savings accounts for your various savings needs. View the Savings Rates page for the current interest rate on each account.

Regular Shares

*This is your required membership account. The minimum balance required in this account is $25. Dividends are paid quarterly based on your average balance over the quarter.

Club Accounts

BCSCU offers five club accounts to allow you to save for specific reasons. They are Miscellaneous Savings, Summer Savings, Tax Savings, Holiday Savings, and Household Savings. They all pay the same rate as Regular Shares, with interest compounded quarterly based on your average balance for the quarter. No minimum balance is required to open these accounts.

*Regular Share required

Christmas Club Savings

Save for the holidays with our Christmas Club Savings. Funds will be mailed to you in mid-November. You pay a penalty to withdraw the funds early. This is a great way to save for the holidays. Who wouldn’t want a big check showing up in the mail right before Christmas?

*Regular Share required

Money Market

The minimum balance to open this account is $10,000. Interest is paid monthly based on your average balance for the month. Money Market pays a higher rate than our regular accounts.

*Regular Share required

Member Advantage

If you don’t have $10,000, but still want to earn a higher interest rate, try our Member Advantage Savings. With a minimum balance of $2,500 you get a higher rate than our regular and club accounts.

*Regular Share required

Member High Yield

This is our highest earning savings account. Minimum balance required for this account is $25,000. Interest is paid monthly based on your average balance for the month.

*Regular Share required

IRA Accounts

Traditional, Roth, and Education IRA’s are available in a savings account or certificate investment. All IRA savings accounts pay the same rate as money market and are compounded on a monthly basis. Minimum balance to open any IRA is $1.

*Regular Share required

HSA’s

If you have a High Deductible Health Plan you can open a Health Savings Account.

*Regular Share required

Fee Schedule

Negative Balance Charge – $1 per day that account balance is below Zero
Teller Checks – $5 per check
Outgoing Wires – $5 on normal US institution to institution wires
Duplicate Statement Fee – $2 per statement
Account Closure Fee – $5

NCUSIF- Your Money is Federally Insured!

The National Credit Union Share Insurance Fund (NCUSIF) insures accounts to at least $250,000 per account (with additional coverage of up to $250,000 for certain retirement accounts, just as the FDIC does for banks). The NCUSIF is administered by the National Credit Union Administration (NCUA), an agency of the federal government.

You are welcome to come in or call for more information!