Annual Percentage Yield 1(APY)
$25.00
.50%
-
$50.00
.75%
APY 1
2.00%
2.02%
2.25%
2.27%
1.40%
1.41%
1.65%
1.66%
1.15%
1.16%
1.00%
1.25%
1.26%
.35%
.65%
.25%
Business Sweep Account
2.15%
2.17%
2.10%
2.12%
2.05%
2.07%
1.70%
1.71%
1.60%
1.61%
Dividends on all Share Accounts, Dividend Bearing Checking Accounts, and Money Market Accounts will be compounded monthly and credited each calendar month. Dividends are computed using the "daily balance" method and begin to accrue on the business day cash and non-cash items, such as paper checks, are deposited to your Account. Minimum balance requirements to earn dividends for Share Accounts, Dividend Bearing Checking Accounts and Money Market Accounts are set forth in the Deposit Agreement & Disclosures. Rates are declared monthly and are subject to change. Fees or other conditions could reduce the earnings on the Account.
1APY = Annual Percentage Yield and is accurate as of 08/01/08.
2 Relationship APY applies to accounts linked to a checking account on the same member number. Accounts must be linked at the time interest is paid into the account to receive this APY. If at any time your Performance Money Market Account is not linked to a checking account at Texans, you will earn interest at the Performance Money Market without Relationship Checking rate. Fees may apply to the checking accounts.
Annual Percentage Yield 1 (APY)
$2,000
No dividend
Earnings Credit Rate for Analysis Checking is 1.24%2
Dividends on all Share Accounts, Dividend Bearing Checking Accounts, and Money Market Accounts will be compounded monthly and credited each calendar month. Dividends are computed using the "daily balance" method and begin to accrue on the business day cash and non-cash items, such as paper checks, are deposited to your Account. 2Earnings Credit Rate (ECR). Earnings Credit Rate is a variable rate set monthly based on the changes in 90 Day U.S. Treasury Rate and is only used to offset fees on Analysis Checking, for the month in which the Earnings Credit was earned. Any excess Earnings Credit will not be paid into the account and will not be carried over to subsequent months. Minimum balance requirements to earn dividends for Share Accounts, Dividend Bearing Checking Accounts and Money Market Accounts are set forth in the Deposit Agreement & Disclosures. Rates are declared monthly and are subject to change. Fees or other conditions could reduce the earnings on the Account. 1APY is accurate as of 08/01/08.
2.96%
3.00%
3.20%
3.25%
2.75%
2.78%
2.85%
2.89%
3.04%
3.15%
3.50%
3.56%
3.65%
3.71%
2.60%
2.63%
3.35%
3.40%
Jumbo CertificateRegular, Business, IRA and Roth IRA ($100,000 Minimum)
2.40%
2.43%
2.90%
2.94%
3.80%
3.87%
1 Annual Percentage Yield (APY). Annual Percentage Yield for certificates is accurate as of 08/01/08. These rates may change at any time without prior notice. Interest is compounded monthly in order to receive full Annual Percentage Yield (APY). For regular and Jumbo Certificates, you will be paid the rate disclosed for the entire term of the Certificate. Regular and Jumbo Certificates will renew automatically and have a grace period of ten (10) calendar days after the maturity date to withdraw funds. For Bump Up Certificates, you have the option to increase the rate on your account once during the term of the Certificate. Bump Up Certificates are not eligible for automatic renewal. Early withdrawal penalties may apply to Certificates of Deposit and could reduce earnings on the account. To obtain rate information, please call the Credit Union at 972.348.2000 or 800.843.5295.
1Rates are shown as Annual Percentage Rates. Rates and terms are determined by the overall credit worthiness of each applicant, and are subject to change.2 Vehicles must have a $20,000 or greater MSRP or NADA Retail Value for extended term.3 Vehicles must have a $15,000 or greater MSRP or NADA Retail Value for extended term.4Rates and terms applicable to Boat, Motor Home, and Travel Trailer loans only.
Example: $20,000 boat loan, 60 month term at 6.99% APR = $396.03 monthly payments for 60 months. (60 monthly payments of $19.81 per $1,000 borrowed at 6.99% APR)
5.99% to 12.250%
7.50% to 12.250%
7.75% to 12.250%
Variable rate is 6.00% to 7.00%
Up to 60 months
7.00% to 12.250%
61 to 120 months
121 to 180 months
1Rates are shown as Annual Percentage Rates. Rates and terms are determined by the overall credit worthiness of each applicant, and are subject to change. Example: $20,000 home equity loan, 60 month term at 7.00% APR = $396.02 monthly payments for 60 months. (60 monthly payments of $19.80 per $1,000 borrowed at 7.00% APR)
2 Rates shown are variable Annual Percentage Rates based on the Prime Rate published in the Wall Street Journal as of 03/15/08 plus a margin and is subject to change every three months. The maximum annual percentage rate will never be greater that 18%. The rate an applicant receives is determined by the applicant's credit worthiness. You may pay certain 3rd party fees to open your line of credit. These fees generally range from $150 to $1,800.
5.625%
0 + 1
7.113%
5.375%
6.733%
6.831%
6.000%
6.819%
6.375%
6.532%
6.125%
6.332%
5.875%
6.133%
6.240%
6.753%
6.250%
6.555%
6.625%
6.784%
8.000%
8.248%
7.250%
7.524%
Texans Credit Union offers a wide variety of mortgage products. Please call us at 972-348-2407 for interest rates and terms available on other products.
Assumptions and Disclaimer
**Repayment Example: If your rate was 5.50% for 360 months, your payment would be $5.67 per $1,000 borrowed
Glossary