Rates

CD Rates

TERM ~ RATE ~ ANNUAL YEILD

6 months to 1 Year  ~ Daily rate .75% ~ APY .75%

1 to 2 Years  ~ Daily rate 1.00% ~ APY 1.00%

2 to 4 Years ~ Daily rate 1.50% ~ APY 1.51%

4 to 5 Years ~ Daily rate 2.25% ~ APY 2.27%

CD RATE SPECIAL: Now offering a onetime bump during the term of your CD where you can change your rate to the new/higher rate.
Effective 03/19/2019

SHARE SAVINGS ~ Daily rate .30% ~ APY .30%
SHARE DRAFT ~ Daily Rate 0% ~ APY 0%

· Interest is compounded daily and paid quarterly.
· APY is Annual Percentage Yield
· $500 minimum deposit
· CD rates subject to change at any time.
· Early withdrawal subject to 90-day interest penalty.

Secured and Unsecured Loan Rates

Signature Loans ~ up to 60 months and up to $10,000 ~ A.P.R. 12.25% to 16.25%

Share Secured Loans ~ No specific amount ~ Term set by member ~ A.P.R. 3%

Certificate Secured Loans ~ Subject to term of CD ~ A.P.R. 3%

Cars and Trucks:

Under $18,000 ~ Up to 48 months ~ A.P.R. 3.99% to 7.99%

Under $18,000 ~ 48 to 60 months ~ A.P.R. 6.25% to 10.25%

Over $18,000 ~ Up to 72 months ~ A.P.R. 6.50% to 10.50%

Over $30,000 ~ Up to 84 months ~ A.P.R. 7.00% to 11.00%

Motorcycles:

** Under $18,000 ~ Up to 60 months ~ A.P.R. 6.00% to 10.00%

** Over $18,000 ~ Up to 72 months ~ A.P.R. 7.00% to 11.00%

Motor Homes:

** Under $50,000 ~ Up to 120 months ~ A.P.R. 6.75% to 10.75

** Over $50,000 ~ Up to 180 months ~ A.P.R. 7.25% to 11.25%

Boats and Jet Skis:

* Under $18,000 ~ Up to 60 months ~ A.P.R. 7.25% to 11.25%

* Over $18,000 ~ Up to 72 months ~ A.P.R. 7.25% to 11.25%

* Over $30,000 ~ Up to 84 months ~ A.P.R. 7.50% to 11.50%

** Over $50,000 ~ Up to 120 months ~ A.P.R. 7.75% to 11.75%

Travel Trailers and Campers:

* Under $18,000 ~ Up to 60 months ~ A.P.R. 7.00% to 11.00%

* Over $18,000 ~ Up to 72 months ~ A.P.R. 7.00% to 11.00%

* Over $30,000 ~ Up to 84 months ~ A.P.R. 7.50% to 11.50%

** Over $50,000 ~ Up to 120 months ~ A.P.R. 7.75% to 11.75%

Motorized Equipment:

* Under $18,000 ~ Up to 48 months ~ 5.75% to 9.75%

* Under $18,000 ~ 48 to 60 months ~ 6.25% to 10.25%

** Over $18,000 ~ Up to 72 months ~ 6.50% to 10.50%

** Over $30,000 ~ Up to 84 months ~ 7.00% to 11.00%

Aircraft:

* Under $18,000 ~ Up to 60 months ~ 7.25% to 11.25%

* Over $18,000 ~ Up to 72 months ~ 7.25% to 11.25%

* Over $30,000 ~ Up to 84 months ~ 7.50% to 11.50%

** Over $50,000 ~ Up to 120 months ~ 7.75% to 11.75%

· All percentage rates are the annual percentage rate (APR) unless otherwise posted.
· The APR ranges posted are based on Risk Based Lending according to your Credit Score.
· New car and truck loans are made at 100% of purchase price.
· Used car and truck loans are made at 100% of appraisal or purchase price…whichever is lower.
· All secured loans, excluding shares and certificates, require title and proof of insurance.

* Loans to 100% of purchase price | ** 100% of retail blue book plus sales tax or 100% of appraisal…whichever is lower.

Real Estate Loans

First Mortgage ~ 80% of appraised value up to $425,000 ~ Up to 180 months ~ 5.75% to 11.50%

Second Mortgage ~ Reno City Employees Federal Credit Union is not offering second mortgage loans at this time.

All percentage rates listed are annual percentage rates (APR) unless otherwise listed.
· The APR ranges listed are based on Risk Based Lending according to your Credit Score.
· Real estate loans are for owner occupied property (primary residences) located in Nevada.
· All real estate loans require clear title and proof of insurance.
· Real estate loans are non-assumable.

New Loan Application and Instructions

Click here to download RCEFCU’s Loan Instructions

Click here to download an electronically fillable New Loan Application

Note: In order to fill out our Loan Application electronically, you will need Adobe Reader.