Eglin Federal Credit Union
Routing Number: 263178070

Rates, Terms & conditions



Rates, Terms & Conditions



 Vehicle Loans

  AUTO LOANS


A New Auto is one that has never been titled.
A Used Auto is one that has previously been titled.
NEW & USED AUTOS1
VEHICLE TYPE LOAN TERM APR* (as low as)
New or Used Up to 2 Years Old 84 Months 3.49%
New or Used Up to 2 Years Old 74 Months 2.49%
New or Used Up to 3 Years Old 66 Months 1.99%
Used 4 & 5 Years Old3 64 Months 2.49%
Used 6 to 10 Years Old3 54 Months 2.99%
Used 11 to 15 Years Old3 48 Months 3.49%

* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, May 24, 2017 and are subject to change




Auto Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.
  BOAT LOANS


Prior year models and newer are considered new boats. On models that have never been titled, we finance 95% of the purchase price, including sales tax, title and tag fees.
NEW BOATS1
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,000 60 Months 4.75%
Up to $25,000 120 Months 5.75%
Up to $50,000 144 Months 6.00%
Over $50,000 180 Months 6.00%
USED BOATS2  (2-7 Years Old)
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,000 60 Months 5.75%
Up to $25,000 120 Months 6.75%
Up to $50,000 144 Months 7.00%
Over $50,000 180 Months 7.00%

* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, May 24, 2017 and are subject to change




Boat Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.
  RECREATIONAL VEHICLE LOANS


Eglin Federal Credit Union considers a Recreational Vehicle as new, regardless of age, if it has never been titled. On models that have never been titled, we finance 95% of the purchase price, including sales tax, title and tag fees.

NEW RECREATIONAL VEHICLES1
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,000 60 Months 4.75%
Over $10,000 120 Months 5.75%
Over $25,000 144 Months 6.00%
Over $50,000 180 Months 6.00%
USED RECREATIONAL VEHICLES2
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,000 60 Months 5.75%
Over $10,000 120 Months 6.75%
Over $25,000 144 Months 7.00%
Over $50,000 180 Months 7.00%

* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, May 24, 2017 and are subject to change




RV Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.
  MOTORCYCLE LOANS


Eglin Federal Credit Union considers a Motorcycle as new if it has never been titled or register and is 5 years old or newer.


NEW MOTORCYCLES
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,000 60 Months 5.00%
Over $10,000 72 Months 6.75%
Over $20,000 84 Months 7.25%

* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, May 24, 2017 and are subject to change




Motorcycle Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.




  PERSONAL WATERCRAFT LOANS

NEW PERSONAL WATERCRAFT
LOAN VALUE LOAN TERM APR*(as low as)
Up to $10,0001 48 Months 6.00%
Over $10,0002 60 Months 6.00%

* APR = Annual Percentage Rate. There is a range of rates for each loan type. The rate received will be determined by an evaluation of the applicant's credit. The above rates are current as of Wednesday, May 24, 2017 and are subject to change




PWC Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.


 Mortgage Loans
  FIXED CONVENTIONAL

FIXED RATE MORTGAGE
LOAN TERM APR* ORIGINATION FEE POINTS
30 year 3.75% 0% 0
20 year 3.500% 0% 0
15 year 3.000% 0% 0

*APR = Annual Percentage Rate. Interest Rates are subject to change at any time and do not constitute a commitment.


Fixed Conventional Loan Payment Calculator
(calculates Monthly Principal and Interest Payment, excluding insurance and taxes)
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.

Maximum Loan Amounts & Restrictions - Fixed Conventional


  1. Requires EFCU Membership.
  2. Loans from $25,000 to $424,100
  3. 80% Loan-to-value, 90% Loan-to-value on refinances and purchases with Private Morgage Insurance (PMI)
  4. Property must be owner-occupied, single-family, primary residence
  5. Property must be located in one of the following Florida counties: Escambia, Santa Rosa, Okaloosa, Holmes, Walton, Bay & Washington.
  6. Additional fees may apply for cash-out transactions and transactions with secondary financing.
  7. No underwriting, processing, tax service, document preparation, or administrative fees.
  8. No origination fees.
  9. No pre-payment penalty.
  ADJUSTABLE CONVENTIONAL

ADJUSTABLE RATE MORTGAGE
LOAN TERM APR* ORIGINATION FEE POINTS
30 year 3.904 1% 0
20 year 3.904 1% 0
15 year 3.904 1% 0

*APR = Annual Percentage Rate. Interest Rates are subject to change at any time and do not constitute a commitment.


Adjustable Conventional Loan Payment Calculator
(calculates Monthly Principal and Interest Payment, excluding insurance and taxes)
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.

Maximum Loan Amounts & Restrictions - Adjustable Conventional


  1. Requires EFCU Membership.
  2. Loans from $25,000 to $424,100
  3. 80% Loan-to-value, 90% Loan-to-value on refinances and purchases with Private Morgage Insurance (PMI)
  4. Property must be owner-occupied, single-family, primary residence
  5. Property must be located in one of the following Florida counties: Escambia, Santa Rosa, Okaloosa, Holmes, Walton, Bay & Washington.
  6. Additional fees may apply for cash-out transactions and transactions with secondary financing.
  7. Maximum rate is 6% above stated rate over life of loan.
  HOME EQUITY

HOME EQUITY LOAN
INTEREST RATE MAXIMUM COMBINED LTV** (TLTV)
4.75% APR* 80%

*APR = Annual Percentage Rate. **LTV = Loan to Value


Home Equity Loan Payment Calculator
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.

Maximum Loan Amounts & Restrictions - Home Equity


  1. Requires EFCU Membership.
  2. Loans from $5,000 to $150,000.
  3. Available for first or second mortgages.
  4. First mortgage - 10 year term.
  5. Second mortgage - 5, 10 or 15 year term.
  6. Loanable equity is determined by 80% of appraised value and subtracting balance of first mortgage loan.
  7. Property must be a single-family, primary residence.
  8. Property must be located in one of the following Florida counties: Escambia, Santa Rosa, Okaloosa, Holmes, Walton, Bay & Washington.
  9. There will be closing costs involved such as an appraisal, mortgagee title insurance, recording fees and documentary stamps.
  10. In an effort to provide the most fair and accurate Loan Estimate to assist you in comparing between lenders, please thoroughly complete the credit application with accurate information and figures.
  11. A Mortgage Services team member may be in touch should we find that further information is needed pertaining to your loan request.
  HOME EQUITY LINE OF CREDIT

HOME EQUITY LINE OF CREDIT
INTEREST RATE MINIMUM ADVANCE CLOSING COSTS
4.00% APR* $5,000 NONE

*APR = Annual Percentage Rate. Rates and terms subject to change without notice. Interest rates will vary based on the Wall Street Journal Prime Rate which was 4.00% as of 03/16/2017. Minimum monthly payments are calculated based on 1.50% of the New Balance or $35, whichever is greater.



Maximum Loan Amounts & Restrictions - Home Equity Line of Credit


  1. Requires EFCU Membership.
  2. Loans from $5,000 to $150,000.
  3. Available for first or second mortgages.
  4. Insurance is required on first liens.
  5. Loanable Equity is determined by 80% of appraised value, subtracting balance of first mortgage loan.
  6. Collateral must be primary residence, single-family dwelling.
  7. Property must be located in one of the following Florida counties: Escambia, Santa Rosa, Okaloosa, Holmes, Walton, Bay & Washington.
  8. Available on new lines of credit and subject to credit approval.
  9. Maximum APR will not exceed 16%.
  10. There is a 1.1% International Transaction Fee on foreign transactions.
  11. The 'No Closing Costs' special does not include appraisal fees, but appraisal may not be necessary with an acceptable tax assessment.
  12. Consult a tax advisor regarding the deductibility of interest on this loan.
  13. Offer not available/valid on manufactured homes.
  UNIMPROVED PROPERTY

UNIMPROVED PROPERTY LOAN - FIXED RATE
MAX TERM APR*
5 years 8.50%
10 years 9.00%

*APR = Annual Percentage Rate. Rates are subject to change at any time. Minimum monthly payment on all loans is $35.


Unimproved Property Loan Payment Calculator
(calculates Monthly Principal and Interest Payment, excluding insurance and taxes)
Amount of Loan:
$
APR*:
    %
Term of Loan:
    months
Monthly Payment:
$

Disclaimer: Financial calculators are provided to give sample payments for given Annual Percentage Rate and Terms but are not guarantees of credit. There is no guarantee, explicit or implied, regarding the accuracy or applicability to your specific circumstances. All examples are hypothetical and are for illustrative purposes, and are not intended to provide investment advice. Please contact a Member Service Counselor for assistance with your specific loan request.

Maximum Loan Amounts & Restrictions - Unimproved Property


  1. Requires EFCU membership.
  2. Loans from $5,000 to $150,000.
  3. Loanable equity is determined by 80% of appraised value or purchase price; whichever is less; or 100% of tax assessed value
  4. Property must be residential or non-commercial raw land, 20 acres or less.
  5. In an effort to provide the most fair and accurate Loan Estimate to assist you in comparing between lenders, please thoroughly complete the credit application with accurate information and figures.
  6. A Mortgage Services team member may be in touch should we find that further information is needed pertaining to your loan request.
  CONSTRUCTION

CONSTRUCTION/PERM LOAN - FIXED RATE
MAX TERM APR*
9 months 5.00%

*APR = Annual Percentage Rate. Minimum monthly payment on all loans is $35. Rates are subject to change at any time


Maximum Loan Amounts & Restrictions - Construction/Perm Loans


  1. Requires EFCU Membership.
  2. Loans from $25,000 to $424,100
  3. 80% Loan-to-value
  4. Requires 10% of the appraised value in liquid assets
  5. Property must be residential for owner-occupied primary residence
  6. Property must be located in one of the following Florida counties: Escambia, Santa Rosa, Okaloosa, Holmes, Walton, Bay & Washington.
  7. Closing costs may include, but are not limited to: appraisal fee, mortgage title insurance, recording fees, documentary stamps, flood determination fees and credit bureau fees.
  8. Lock permanent rate within 45 days from completion.
  9. Interest-only payments required during construction phase.
  10. No pre-payment penalty.


 Personal Loans
  PERSONAL SIGNATURE

PERSONAL SIGNATURE LOAN
LOAN TERM APR* as low as MAX LOAN AMOUNT
42 Months 13.90% $20,000

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.


Terms & Conditions - Personal Signature


  1. Requires EFCU membership.
  2. There is a range of rates for each loan type.
  3. The rate received will be determined by an evaluation of the applicant's credit.
  4. Minimum monthly payment on all loans is $35.
  LINE OF CREDIT SIGNATURE

LINE OF CREDIT SIGNATURE LOAN
LOAN TERM APR* as low as MAX LOAN AMOUNT
42 Months 12.90% $20,000

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.


Terms & Conditions - Line of Credit Signature


  1. Requires EFCU membership.
  2. There is a range of rates for each loan type.
  3. The rate received will be determined by an evaluation of the applicant's credit.
  4. Minimum monthly payment on all loans is $35 or 3% of the balance owed.
  SALARY ADVANCE FOR EMERGENCY

SAFE LOAN
REPAYMENT PERIOD APR* MAX LOAN AMOUNT
120 days 16.9% $500

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.


Terms & Conditions - SAFE Loan


  1. Your EFCU account must be in good standing and have been opened for at least 30 days.
  2. You must be with your current employer for at least two months.
  3. Your payroll must be direct deposited to your Eglin FCU account.
  4. The loan amount is limited to ½ of your monthly pay or $500, whichever is less.
  5. You must bring in your most current pay statement to establish a SAFE loan.
  6. Payments can be made automatically by payroll deduction.
  7. You can only have one SAFE Loan at a time. Your SAFE Loan must be paid off before applying for another loan.
  8. Members are required to complete the BALANCE Money Management Counseling course prior to receiving their second SAFE Loan of each calendar year. To enroll in the course, call 888.456.2227. This course is not offered online.
  9. Only four SAFE Loans are allowed during one calendar year.
  10. Minimum payment is $25 weekly or $50 bi-weekly/semi-monthly or $100 monthly.
  11. Payments are due on each payday.
  GUARANTOR

GUARANTOR LOAN
REPAYMENT PERIOD APR* as low as MAX LOAN AMOUNT
42 Months 13.90% $3000

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.


Terms & Conditions - Guarantor Loans


  1. Requires EFCU Membership.
  2. There is a range of rates for each loan type.
  3. The rate received will be determined by an evaluation of the applicant's credit.
  4. Minimum monthly payment on all loans is $35
  5. The guarantor must qualify for the loan and agrees to be liable in the event the primary borrower defaults.
  SAVINGS ASSISTANCE

SAVINGS ASSISTANCE LOAN
REPAYMENT PERIOD APR* as low as MAX LOAN AMOUNT
42 Months 5.00% $2000

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.


Terms & Conditions - Savings Assistance Loan


  1. Must be an EFCU member and 18 years of age or older to establish a Savings Assistance Loan.
  2. SAL proceeds are deposited into member's share suffix 1, these shares will be used to secure this loan.
  3. The entire deposit will be on hold until the SAL is paid in full.
  4. Members may have only one SAL at a time.
  5. Maximum loan amount is $2,000.
  6. Monthly minimum repayment is a percentage of the amount borrowed or $35 per month.
  SHARE SECURED

SHARE SECURED LOAN
LOAN TYPE MAX LOAN AMOUNT REPAYMENT PERIOD APR*
Share Loan Pledging S1 or S4 Available balance in account pledged 84 months 2.00%
Share Loan Pledging S7 Available balance in account pledged 84 months 2.50%
Share Loan (Variable Rate) Secured by funds in S-1. Rate adjusted quarterly, APR* 3% above S-1 dividend rate. 84 months Variable%
Share Certificate Loan Rate is 3% above Share Certificate Rate. Maximum term is Maturity of Share Certificate. Paid at maturity 3% above Share Certificate Rate

*APR = Annual Percentage Rate.
The above rates are current as of Wednesday, May 24, 2017 and are subject to change.

Requires EFCU membership.



 Checking & Savings
  PREMIUM CHECKING

FREE PREMIUM CHECKING (S9)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Premium Share Checking (S9)

A $500 minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .05%    .05%     
*APY = Annual Percentage Yield


Terms & Conditions - FREE Premium Checking


  1. No monthly service fee or per check charges.
  2. Opened with a minimum $5.00 deposit.
  3. You must have a savings account before you can open checking account.
  4. Dividends are computed and compounded daily and paid quarterly on daily balances of $500 and more.
  5. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  BASIC CHECKING

BASIC CHECKING (S9)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Basic Checking (S15)

Dividends are not applicable to the EFCU Basic Checking Accounts.
   n/a    n/a     
*APY = Annual Percentage Yield


Terms & Conditions - Basic Checking


  1. Requires EFCU Membership.
  2. If you do not qualify for the Premium Checking account you may be eligible to open a Basic Checking account.
  3. The minimum deposit to open the account is $25 which includes a one-time Account Opening Fee of $5.00.
  4. A $5 monthly service fee is charged on the last business day of every calendar month.
  5. Members may be reimbursed a $5 monthly service fee with the successful completion (80%) of a BALANCE program. Course must be completed within 30 days after a fee to be reimbursed. A maximum of 12 monthly service fees will be refunded.
  6. Direct Deposit or proof of income is required at account opening.
  7. Funds in this account do not earn dividends.
  8. Courtesy Pay is not available for Basic Checking accounts.
  9. You may be eligible for a Premium Checking Account after managing your Basic Checking Account in a responsible manner for at least one year and by successfully completing the Get In Balance program and one other BALANCE educational program with scores of 80% or higher. In order to complete the programs you must first register for a free account at BALANCE.
  10. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  REGULAR SHARE SAVINGS

REGULAR SHARE SAVINGS (S1)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Regular Share (S1)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .15%    .15%     
*APY = Annual Percentage Yield

Terms & Conditions - Regular Share Savings


  1. No monthly service fee.
  2. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  3. If you close your account before dividends are paid you will not receive the accrued dividends.
  4. The minimum deposit to open the account is $5.00.
  5. Limited to 6 checks and/or electronic transfers per month.
  6. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  FLORIDA TRANSFER TO MINORS

FLORIDA TRANSFER TO MINORS (S2)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Florida Transfer to Minors Savings (S2)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .15%    .15%     
*APY = Annual Percentage Yield

Terms & Conditions - Florida Transfer to Minors Savings


  1. Requires EFCU membership.
  2. Irrevocable custodial account established in a child's name.
  3. Minor takes possession of the account at age 21.
  4. The custodian has the fiduciary responsibility to manage the money in a prudent fashion for the benefit of the minor.
  5. Any money in custodial accounts for which you are the custodian will be counted as part of your taxable estate if you are the legal guardian of the child and the child has not yet reached the age of trust termination.
  6. The income from a custodial account must be reported on the child's tax return and is taxed at the child's rate, subject to the Kiddie Tax rules. The parent is responsible for filing an income tax return on behalf of the child.
  7. No monthly service fee.
  8. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  9. If you close your account before dividends are paid you will not receive the accrued dividends.
  10. The minimum deposit to open the account is $5.00.
  11. Limited to 6 checks and/or electronic transfers per month.
  12. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  CHRISTMAS CLUB SAVINGS

CHRISTMAS CLUB SAVINGS (S3)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Christmas Club Savings (S3)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .15%    .15%     
*APY = Annual Percentage Yield

Terms & Conditions - Christmas Club Savings


  1. You must be an EFCU member to open a Christmas Club Savings Account.
  2. No monthly service fee.
  3. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  4. If you close your account before dividends are paid you will not receive the accrued dividends.
  5. The minimum deposit to open the account is $5.00.
  6. Limited to 6 checks and/or electronic transfers per month.
  7. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  VIP SAVINGS

VERY IMPORTANT PURPOSE (S4)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for VERY IMPORTANT PURPOSE SAVING (S4)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .15%    .15%     
*APY = Annual Percentage Yield

Terms & Conditions - Very Important Purpose Savings


  1. Requires EFCU membership.
  2. No monthly service fee.
  3. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  4. If you close your account before dividends are paid you will not receive the accrued dividends.
  5. The minimum deposit to open the account is $5.00.
  6. Limited to 6 checks and/or electronic transfers per month.
  7. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  MONEY MARKET

MONEY MARKET SAVINGS(S7)
SHARE RATES    RATE        APY*       
Weekly Money Market Rate (S7)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
          
Money Market balance between $.00 to 2,499.99    .05%    .05%     
Money Market balance between $2,500.00 to 9,999.99    .30%    .30%     
Money Market balance between $10,000.00 to 24,999.99    .30%    .30%     
Money Market balance between $25,000.00 to 49,999.99    .30%    .30%     
Money Market balance $50,000.00 and up    .30%    .30%     
*APY = Annual Percentage Yield

Terms & Conditions - Money Market Savings

  1. Requires EFCU membership.
  2. You may make deposits of any amount at any time.
  3. Tiered rates are based on current money market conditions and are subject to change weekly, on Tuesday.
  4. Dividends are compounded daily and will be credited to your account at the end of each calendar month.
  5. The dividend rate, annual percentage yield and tiers may change at any time, as determined by the Credit Union's Board of Directors.
  6. Balance fluctuations during the dividend period may cause you to earn varying dividend rates.
  7. If you close your account before dividends are paid you will not receive the accrued dividends.
  8. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  9. The minimum deposit to open the account is $2500.00.
  10. To order personalized Money Market checks, the member will pay the cost of the check order; member will receive 40 duplicate checks for $10.00. On request, EFCU will provide 3 free checks with a check order.
  11. Limited to 6 checks and/or electronic transfers per month.
  12. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.
  COVERDELL EDUCATION SAVINGS

COVERDELL EDUCATION SAVINGS (S28)
SHARE RATES    RATE        APY*       
Previous Quarter Rate for Coverdell Education Savings (S28)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter. If you close your account before dividends are paid you will not receive the accrued dividends.
   .15%    .15%     
*APY = Annual Percentage Yield

Terms & Conditions - Coverdell Education Savings


  1. Requires EFCU Membership.
  2. No monthly service fee.
  3. A $50 daily minimum balance is required to earn dividends, unless otherwise stated. All rates and APYs can change at any time and are current as of the last declaration date.
  4. If you close your account before dividends are paid you will not receive the accrued dividends.
  5. The minimum deposit to open the account is $5.00.
  6. Limited to 6 checks and/or electronic transfers per month.
  7. Please be advised that EFCU Accounts are subject to closure at the Credit Union's discretion.


 Certificates/IRAs
  TRADITIONAL IRA

TRADITIONAL IRA(S8)
SHARE RATES    RATE        APY*       
Traditional Individual Retirement Account (S8)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter.
   .75%    .75%     
*APY = Annual Percentage Yield

Terms & Conditions - Traditional IRA


  1. Requires EFCU membership.
  2. Open with a minimum $5.00 contribution.
  3. No maturity date.
  4. No minimum annual contribution.
  5. Maximum contribution limits: $5,500; $6,500, if age 50 or older
  6. Self employed members and qualified employers and employees can contribute to a type of Traditional IRA called a SEP IRA.
  7. IRA funds are insured separately up to $250,000 per member by the National Credit Union Administration (NCUA).
  8. A service fee will be charged if a withdrawal is made before the depositor reaches the age of 59½. The fee is 2% of the amount withdrawn for each withdrawal this includes transfers to other financial institutions. No fee is charged if the withdrawal occurs within 10 days of the annual anniversary date of the opening of the account or the first 10 days of the following quarter.
  ROTH IRA

ROTH IRA(S18)
SHARE RATES    RATE        APY*       
Roth Individual Retirement Account (S18)

A $50 daily minimum balance is required to earn dividends. The APY stated is accurate as of the last day of the previous quarter. Dividends are compounded daily and will be credited to your account every quarter.
   .75%    .75%     
*APY = Annual Percentage Yield

Terms & Conditions - Roth IRA

  1. Requires EFCU membership.
  2. Open with a minimum $5.00 contribution.
  3. No maturity date.
  4. No minimum annual contribution.
  5. Maximum contribution limits: $5,500; $6,500, if age 50 or older
  6. No required minimum distribution age.
  7. IRA funds are insured up to $250,000 per depositor by the National Credit Union Administration (NCUA).
  8. A service fee will be charged if a withdrawal is made before the depositor reaches the age of 59½. The fee is 2% of the amount withdrawn for each withdrawal this includes transfers to other financial institutions. No fee is charged if the withdrawal occurs within 10 days of the annual anniversary date of the opening of the account or the first 10 days of the following quarter.
  SHARE CERTIFICATES

SHARE CERTIFICATES(C)
CERTIFICATE TYPE    RATE        APY*       
31 Days / 1 month Certificate    .30    .30     
92 days / 3 month Certificate    .30    .30     
182 days / 6 month Certificate    .50    .50     
365 days / 12 month Certificate    .70    .70     
548 days / 18 month Certificate    .75    .75     
730 days / 24 month Certificate    1.00    1.01     
912 days / 30 month Certificate    1.15    1.16     
*APY = Annual Percentage Yield



Terms & Conditions - Share Certificates

  1. Requires EFCU membership.
  2. Rates are subject to change every Thursday.
  3. $2,500 minimum deposit required.
  4. There is a penalty for early withdrawal.


 Credit/Debit Cards
  PLATINUM MASTERCARD

INTEREST RATES & INTEREST CHARGES
Annual Percentage Rate (APR) for Purchases, Balance Transfers, and Cash Advances as low as 7.9% up to 14.9%

The APR is determined at account opening and is based on the borrower's credit score.
Penalty APR None
Paying Interest Your due date is at least 24 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date
Minimum Interest Charge None
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
FEES
Annual Fee None
TRANSACTION FEES  
Balance Transfer None
Cash Advance None
International Transaction 1.1% of each international transaction, in U.S. Dollars.
PENALTY FEES  
Late Payment Up to $20 charge if the minimum required payment is not received 12 days after the statement closing date.
Over-the-Credit-Limit None
Returned Payment Up to $28.00

How We Will Calculate Your Balance: We use a method called 'average daily balance (including current transactions).'
Rates, fees and benefits stated are subject to change.
Requires EFCU Membership.
Members may call 800.367.6159 to verify current rates and fees.


  PLATINUM REWARDS MASTERCARD

INTEREST RATES & INTEREST CHARGES
Annual Percentage Rate (APR) for Purchases, Balance Transfers, and Cash Advances as low as 8.9% up to 15.9%

The APR is determined at account opening and is based on the borrower's credit score.
Penalty APR None
Paying Interest Your due date is at least 24 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances and balance transfers on the transaction date
Minimum Interest Charge None
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
FEES
Annual Fee None
TRANSACTION FEES  
Balance Transfer None
Cash Advance None
International Transaction 1.1% of each international transaction, in U.S. Dollars.
PENALTY FEES  
Late Payment Up to $20 charge if the minimum required payment is not received 12 days after the statement closing date.
Over-the-Credit-Limit None
Returned Payment Up to $28.00

How We Will Calculate Your Balance: We use a method called 'average daily balance (including current transactions).'
Rates, fees and benefits stated are subject to change.
Requires EFCU membership.
Members may call 800.367.6159 to verify current rates and fees.


  EFCU DEBIT CARD

Terms & Conditions - EFCU Debit Card


  1. Requires EFCU Membership.
  2. Withdrawals from ATMs are limited to $500 per day.
  3. Point of Sale transactions have a daily limit of $3,000.
  4. In some instances a $500 daily limit may be applicable.
  5. If our system is unavailable, lower transaction and withdrawal limits may apply.
  6. Be aware that most overseas ATMs limit cash withdrawals to the checking account and access to the savings account may not be available.
  7. Certain terms, conditions, and exclusions apply. Contact EFCU for complete coverage terms and conditions or call Mastercard® for assistance at 800.622.7747.


 Account Services
  BILL PAYER

Terms & Conditions - Bill Payer


  1. Requires EFCU Membership.
  2. Requires an EFCU checking account and a Home Branch password.
  3. Bill Payer is free with an EFCU checking account and a minimum of 3 completed transactions each month.
  4. When you have less than 3 completed transactions each month a $5 fee applies.
  5. You can schedule payments up to a year in advance.
  6. No maximum limit to number of payments scheduled.
  7. Payments may be added or changed at your convenience.
  8. You may enroll in eBill to receive your bill summary from eligible payees electronically to your Bill Payer Account. eBill will notify you when a bill is available to review. eBill stores up to 84 months of eBill history.
  COURTESY PAY

Terms & Conditions - Courtesy Pay


  1. Federally mandated changes to the Electronic Funds Transfer Act, requires members to Opt-In if they wish to have the option of Courtesy Pay coverage on Debit Card Point of Sale (POS) purchases.
  2. Premium Checking accounts less than 30 days old are not eligible for Courtesy Pay.
  3. Basic Checking accounts are not eligible for Courtesy Pay.
  4. This service is only available to Premium Checking accounts in good standing, and at the discretion of EFCU
  5. If funds are not available for Debit Card POS purchases and the member has not completed an Opt-In Authorization, the transactions will be denied.
Opt-In/Opt-Out for Courtesy Pay for Debit Card POS Transactions
To indicate your preference for Courtesy Pay or for information about other alternatives we offer for covering overdrafts, please contact us:
  • In person at any EFCU branch location.
  • By phone at 850.862.0111 or 800.367.6159 option 4.
  • Through our website at www.eglinfcu.org/forms
  • Log in to Home Branch and select 'Courtesy Pay' under 'My Profile' in the navigation bar.
  • If you Opt-in for Debit Card POS Transactions, you may also revoke your authorization for Courtesy Pay using any of the above options.




*APR = Annual Percentage Rate.
Routing Number: 263178070
838 Eglin Parkway NE, Fort Walton Beach, FL 32547-2781

© 2017 Eglin Federal Credit Union. Eglin Federal Credit Union is Federally Insured by NCUA. Equal Housing Lender. Equal Opportunity Employer. Information submitted to EFCU via email is not encrypted and may not be secure. Links to other sites are provided as a convenience to our visitors. The Credit Union is not responsible for the availability, content, or privacy practices of any linked site. Images used for representational purposes only; do not imply government endorsement.