Rates

Loans subject to credit approval. Prime Rate is currently 7.75%.

(1) Home Equity Loans and Credit Lines are not available in Puerto Rico and the states of Alaska, Hawaii and Texas.

(2) The Annual Percentage Rate (APR) is based on individual credit circumstances, amount of equity in the subject property, and includes a 0.30% reduction in rate based on your account services with the credit union. Discounted rate example includes a discount of 0.10% for an active checking account (active checking account requires either (A) existing checking acct with minimum monthly Direct Deposit of $500.00 , (B) FRFCU debit card with minimum 5 transactions in previous month, (C) Active Bill Pay Account); 0.10% for an existing consumer loan (excludes Credit Builder and Personal Lines of Credit); 0.10% for a FRFCU Mortgage or Investment Account. If no qualifying relationship, add 0.30% to the stated rate.

(3) Home Equity Line of Credit rate will be based on the current PRIME rate plus a margin based on individual credit circumstances, but will never be lower than 3.00% or higher than the maximum allowed by the Federal Credit Union Act, which is currently 18.00%. An annual fee of $49 is charged on the anniversary date the Home Equity Credit Line is established. Rates are subject to change without notice.

(4) The states of AL, FL, GA, KS, the Orleans Parish of LA, MD, MN, NY, OK, TN, and VA impose a Mortgage Recording tax at the time the mortgage is recorded and can vary by state, county and locality, and can range from 0.10% to 2.175% of the approved loan or credit line amount, or $1 to $21.75 for each $1,000 of the approved loan or credit line amount. If the subject property lies in any of these areas, you will be notified of this fee amount and your home equity loan or credit line will be advanced to satisfy the fee.

(5) An early termination fee of $195 will be imposed on Home Equity Loans and Credit Lines that are paid off and closed within one year from the date the account is established.

(6) Property insurance is required.

(7) Loan amounts up to $250,000.

(8) The Annual Percentage Rate (APR) quoted for the first 5 years is the lowest based on individual credit circumstances for each qualified applicant and the amount of equity in the subject property. After the 60th month, the Annual Percentage rate (APR) is subject to a one time change for the next 5 years based on the then current PRIME rate plus a margin based on individual credit circumstances and adjustment cap of 5.00%, but will never be lower than 3.99% or higher than the maximum allowed by the Federal Credit Union Act, which is currently 18.00%.

**$150.00 will be deposited into your FRFCU Regular Savings account within 30 days of loan booking. Auto Loan refinancing and Lease Buyout offers only available for loan amounts of $10,000.00 or more, and for automobiles not financed with FRFCU.

(4) Annual Percentage Rate (APR) remains fixed for the term of the loan.

(6) New Vehicles: Get up to 130% financing plus tax, tag, title and extended warranty insurance.

Used Vehicles: Loans are granted on vehicles no more than nine (9) years old get up to 130% of the NADA or Kelly Blue Book retail value.
Vehicle Refinancing: Loans are granted on vehicles no more than nine (9) years old get up to 130% of the NADA or Kelly Blue Book retail value, adjusted for mileage and vehicle options.

New Boats & Personal Watercraft: Up to 100% financing is available for any personal watercraft. Up to 100% financing available on any new vessel that is longer than 12 feet, but less than 27 feet that has either inboard/outboard or attached propulsion and has a title that is recorded with their state division of motor vehicles.

Used Boats & Personal Watercraft: Financing is available up to100% of NADA retail value adjusted for optional equipment. Financing is available for personal watercraft, or for vessels longer than 12 feet, but less than 27 feet that has either inboard/outboard or attached propulsion and has a title that is recorded with their state division of motor vehicles.

New Motorcycle & ATV: Financing up to 100% of invoice is available. New motorcycle financing is available for any current or prior model year motor cycle that has never been titled.

Used Motorcycle & ATV: Financing is available up to100% of NADA retail value adjusted for motorcycle/ATV options. Financing is available for any used current model year vehicles plus vehicles of the five (5) prior model years.

New Recreational Vehicles: New recreational vehicle financing is available for any current or prior model year vehicle that has never been titled, or any current or prior year “demonstrator” vehicle with less than 5,000 miles on its odometer. Financing is available up to 80% of purchase price (excluding registration fees, sales tax and warranty coverage).

Used Recreational Vehicles: Financing is available up to100% of NADA retail value adjusted for mileage and vehicle options. Used vehicle financing is available for any current model year used vehicle plus vehicles of the six prior model years.

7)The Annual Percentage Rate (APR) quoted is the lowest available rate based on individual credit circumstances for each qualified applicant and includes a .30% reduction in rate based on your account services with the credit union. Discounted rate example includes a discount of .10% for an active checking account (active checking account requires either 1- existing checking acct with minimum monthly Direct Deposit of $500.00 , 2-FRFCU debit card with minimum 5 transactions in previous month, 3- Active Bill Pay Account); 0.10% for an existing consumer loan (excludes Credit Builder and Personal Lines of Credit); 0.10% for a FRFCU Mortgage or Investment Account. If no qualifying relationship add .30% to the stated rate. The rate will never be higher than the maximum allowed by the Federal Credit Union Act from, which is currently 18%. Certain restrictions and minimum loan amounts may apply. Loans are subject to credit approval. Rates are subject to change without notice.

(8) Loans and Lines are not available in Puerto Rico.

Rates effective as of 9/30/22.

(1) Loans subject to credit approval.*Loan amounts between $500 and $20,000.

(2) Loans and Lines are not available in Puerto Rico.

(3) The Annual Percentage Rate (APR) quoted is the lowest based on individual credit circumstances for each qualified applicant. The rate will never be higher than the maximum allowed by the Federal Credit Union Act, which is currently 18%. Certain restrictions and minimum loan amounts may apply. Rates are subject to change without notice.

* See the Overdraft Privilege document for details
(1) Fees may reduce earnings on these accounts: Savings, VIP Checking, Money Market and IRAs

(2) Minimum Balance to earn stated Annual Percentage Yield (APY). If a range is shown as a deposit tier, the starting balance shown in that tier is the Minimum Balance needed to earn the stated Annual Percentage Yield (APY)

(3) Rate is variable and may change after the account is opened

(4) Debit Card inactive for 6 months = $2 per month

(5) APY = Annual Percentage Yield.

(6) Bill Payer inactive for 6 months = $6 per month

(7) A qualifying direct deposit is a recurring electronic deposit made by an employer or other entity/agency. Transfers made from one account to another or deposits made via a branch, ATM, online transfer, mobile device or the mail are not eligible to satisfy this requirement.

(8) Restrictions may apply.

(9) Standard service only; does not include “next day” service.

(10) In-branch pickup only

(11) Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented

(12) Financial Resources FCU charges may apply for use of another financial institution’s or ATM operator’s ATMs for accounts opened prior to July 18, 2016. Additionally, other financial institutions and/or ATM operators may charge for using their ATMs.

Annual Percentage Yield (APY) as of 8/8/22. Rates subject to change.

(1) Fees may reduce earnings on these accounts: Savings, Interest Checking, Money Market and IRAs
(2) Minimum Balance to earn stated Annual Percentage Yield (APY). If a range is shown as a deposit tier, the starting balance shown in that tier is the Minimum Balance needed to earn the stated Annual Percentage Yield (APY)
(3) Rate is variable and may change after the account is opened
(5) APY = Annual Percentage Yield
Annual Percentage Yield (APY) as of 1/9/2023. Rates subject to change.

(1) Fees may reduce earnings on these accounts

(2) Minimum Balance to earn stated Annual Percentage Yield (APY). If a range is shown as a deposit tier, the starting balance shown in that tier is the Minimum Balance needed to earn the stated Annual Percentage Yield (APY)

(3) Rate is variable and may change after the account is opened

(4) APY = Annual Percentage Yield
(5) An early withdrawal penalty will be imposed
(6) Consult your tax advisor or IRS Publication 590 to determine what type of IRA is right for you. Publication 590 can be found at your local post office or online at the Internal Revenue Service Website.
(7) Relationship Premium Rates for Certificates and IRA’s include a rate premium based on your account services with the credit union. Rates indicated include premiums of 0.10% for an active checking account (active checking account requires either 1- existing checking acct with minimum monthly Direct Deposit of $500.00 , 2-FRFCU debit card with minimum 5 transactions in previous month, 3- Active Bill Pay Account); 0.10% for an existing consumer loan (excludes Credit Builder and Personal Lines of Credit); 0.10% for a FRFCU Mortgage or Investment Account.

(8) The Bump-Up Certificate allows you to increase the rate on the certificate to the current rate one time if rates rise during the term of the certificate. No additional deposit is needed to activate the Bump-Up feature.

Annual Percentage Yield (APY) as of 1/9/2023. Rates subject to change.