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SAVINGS RATES | CD RATES | LOAN RATES
 
Rates effective 8/19/2008
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Your Money is Safe with Us!
Muskegon Co-op FCU has consistently received
a 5-Star Rating (the highest rating possible) for years
from Bauer Financial for being financially strong.
Your deposits are also insured by the NCUA and backed
by the full faith and credit of the United States Government.
Click Here for more information on NCUA insurance.
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Muskegon Co-op Federal Credit Union offers it's members competitive rates.
Dividends are determined and paid from available net income for the quarter.
The current rates are as follows:
Regular Share (Including Tax Club & Sub Shares)
Minimum $300 balance to earn dividend.
Share dividend is paid from net earnings & declared quarterly by Board of Directors.
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DIVIDEND RATE |
APY* |
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0.50% |
0.50% |
Variable Rate Share
$1,000 minimum balance required to earn interest.
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TIER |
APY* |
| $1,000 - $2,499 |
0.50% |
| $2,500 - $19,999 |
1.25% |
| $20,000-$49,999 |
1.95% |
| $50,000 and up |
2.20% |
Club Accounts (Christmas, Vacation & Youth Shares)
Minimum $300 balance to earn dividend. Restricted Withdrawals.
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DIVIDEND RATE |
APY* |
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0.75% |
0.75% |
IRA Shares
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DIVIDEND RATE |
APY* |
|
1.00% |
1.01% |
Share Certificates
Annual Percentage Yields are:
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TERM |
APY* |
|
3 months |
2.60 % |
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6 months |
2.90 % |
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9 months |
3.00 % |
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12 months (<$9,999.00) |
3.35 % |
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12 months ($10,000+) |
3.50 % |
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18 months |
3.35 % |
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24 months |
3.50 % |
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30 months |
3.50 % |
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36 months |
3.70 % |
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48 months |
4.00 % |
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60 months* |
4.20 % |
IRA Certificate Rates
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TERM |
APY* |
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3 months |
2.70 % |
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6 months |
3.00 % |
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12 months |
3.45 % |
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18 months |
3.45 % |
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24 months |
3.60 % |
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30 months |
3.60 % |
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36 months |
3.80 % |
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48 months |
4.10 % |
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60 months |
4.30 % |
$500.00 Minimum purchase
Penalty for early withdrawal.
Rates are subject to change without notice.
* Annual Percentage Yield
 
Loan Rates Effective 4/1/2008
For all loan types, a monthly rebate of .25% will be paid to member's savings
account if loan payment is automatically transferred from a Muskegon Co-op account.
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LOAN TYPE |
APR*** |
TERMS |
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2006 and newer Auto, R.V., Boat, Motorcycle |
As low as 6.50% |
84 M* |
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2006 and newer Auto, R.V., Boat, Motorcycle |
As low as 5.70% |
72 M** |
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2006 and newer Auto, R.V., Boat, Motorcycle |
As low as 5.25% |
60 M |
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2006 and newer Auto, R.V., Boat, Motorcycle |
As low as 5.00% |
48 M |
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2006 and newer Auto, R.V., Boat, Motorcycle |
As low as 4.50% |
36 M |
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2005 and older Auto, R.V., Boat, Motorcycle |
As low as 6.00% |
60 M |
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2005 and older Auto, R.V., Boat, Motorcycle |
As low as 5.50% |
48 M |
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2005 and older Auto, R.V., Boat, Motorcycle |
As low as 5.25% |
36 M |
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Closed-End Home Equity Loans |
As low as 5.00% |
<84M |
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Closed-End Home Equity Loans |
As low as 5.50% |
85-120M |
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Closed-End Home Equity Loans |
As low as 6.25% |
121-180M |
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Mortgage Loans |
Click Here for current mortgage rates |
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| Home Equity Line of Credit New! |
As low as 4.25% |
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Unsecured Loans |
As low as 9.75% |
60 M |
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Unsecured Loans |
As low as 9.25% |
48 M |
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Unsecured Loans |
As low as 8.75% |
36 M |
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Unsecured Loans |
As low as 7.50% |
24 M |
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Unsecured Loans |
As low as 6.00% |
12 M |
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Share Secured Loan |
3% plus rate of secured deposit |
36 M |
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VISA Classic |
11.9% |
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VISA Platinum |
Introductory rate of 3.99% |
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*Loan must be greater than $30,000
**Loan must be greater than $20,000 |
Introductory rate of 3.99% on new Platinum Visas
for 6 months on purchases and balance transfers.
After 6 months, rate reverts to 9.50%.
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***Annual Percentage Rate
Muskegon Co-op Federal Credit Union
1051 Peck Street
Muskegon, Michigan
49440
(231) 726-4871
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