Member Rates



Savings Account Rates | Share Certificates | IRA Term Share Certificates | Consumer Loans | 2006 Fee Schedule




Savings Account Rates

Updated July 2006 

Type

Minimum Balance

A.P.Y.*

Shares

$100.00 - Average daily balance (paid quarterly)

0.75%

Share Draft

$100.00 - Average daily balance (paid monthly)

0.45%

Club Accounts

$5.00 (paid quarterly)

0.45%

IRA Contribution Accounts

$5.00 (paid quarterly)

2.78%

Insured Money Market Accounts

$2,500.00 (paid quarterly)

2.45%


* Rates are established by the Board of Directors and are subject to change without advance notice.
"APY" stands for Annual Percentage Yield.



Share Certificates

Updated July 2006

Certificate Term

Minimum Deposit

A.P.Y.*

3 Months

$1,000.00

3.66%

6 Months

$1,000.00

3.87%

12 Months

$1,000.00

4.07%

18 Months

$1,000.00

4.13%

24 Months

$1,000.00

4.28%

30 Months

$1,000.00

4.44%


* Rates are established by the Board of Directors and are subject to change without advance notice.
"APY" stands for Annual Percentage Yield.



IRA Term Share Certificates

Updated July 2006

Certificate Term

Minimum Deposit

A.P.Y.*

3 Months

$1,000.00

3.75%

6 Months

$1,000.00

3.96%

12 Months

$1,000.00

4.16%

18 Months

$1,000.00

4.22%

24 Months

$1,000.00

4.37%

30 Months

$1,000.00

4.52%


* Rates are established by the Board of Directors and are subject to change without advance notice.
"APY" stands for Annual Percentage Yield.



Consumer Loan Rates

Updated July 2006

Type of Loan

Approximate Term

Annual Percentage
Rate Range*

Minimum Payment

New Vehicle

36 Months

48 Months

60 Months
72 Months**

5.45% to 18.00%
5.70% to 18.00%
5.90% to 18.00%
6.85% to 18.00%

$125.00
$125.00
$125.00

Used Vehicle

36 Months

48 Months

60 Months

5.50% to 18.00%
5.75% to 18.00%
5.95% to 18.00%

$125.00
$125.00
$125.00

New:
Boat, Motorcycle, RV

60 Months

72 Months

84 Months

6.30% to 18.00%
6.55% to 18.00%
7.30% to 18.00%

$125.00
$125.00
$125.00

Used:
Boat, Motorcycle, RV

60 Months

72 Months

84 Months

8.05% to 18.00%
8.30% to 18.00%
8.55% to 18.00%

$125.00
$125.00
$125.00

Signature

12 Months

24 Months

36 Months

8.45% to 18.00%
9.45% to 18.00%
10.45% to 18.00%

$40.00
$40.00
$40.00

Consumer Goods

12 Months

24 Months

36 Months

9.40% to 18.00%
9.90% to 18.00%
10.40% to 18.00%

$125.00

Cash Plus:
(Line of Credit,
Overdraft Protection)

 

Variable

4.00% of Balance

Share/Christmas Club Secured

60 Months

Variable

$40.00

Home Equity Loan
(Second Mortgage)

Up to 10 years

Prime, Prime +1

Dependent upon specific loan terms.

Home Equity Line
of Credit

Up to 10 year draw, 10 year repay

Prime, Prime +1

Dependent upon specific loan terms.


*The annual percentage rate you receive is based on your credit worthiness.
** Subject to credit qualifications.
Rates are established by the Board of Directors and are subject to change without advance notice.

2006 Fee Schedule

Savings

Fee Amount

Excessive withdrawal fee

$4.00 for each withdrawal after 12 in a calendar year
(waived if $2,000 balance in savings or for members with checking accounts)

Account closing fee

$15 for each account closed within 6 months of open date

Outgoing Wires

$15 for each wire

Corporate Drafts

$1.00 per withdrawal

Club Account early withdrawal fee

$5.00 for each withdrawal prior to maturity date

Research fee

$10 per hour ($10 minimum)

Deposited checks (and other items) returned unpaid

$15 for each returned item

Check Cashing Fee

$5.00 for each check cashed
(if less than $100 in shares and no other accounts)

Share Draft (Checking)

Fee Amount

Value Checking (SDB) monthly service charge

$7.00 per month (if monthly balance drops below $100)

Value Checking Plus monthly service charge

$6.00 per month
$4.00 per month for members over 50

Automatic transfer of funds from savings to checking

$1.00 per transfer

Non-sufficient funds draft

$17.50 each returned item (effective 3/1/2000)

Draft Order Charge

see Liberty price listing

Account Research

$10 per hour/$10 minimum

Account Balancing Assistance

$10 per hour/$10 minimum

Stop Payments

$15.00 each items

Copy of Draft

$1.75 per item

Copy of Draft

$3.00 for fax copy from VolCorp

Travelers checks

$1.00 singles
$1.50 checks for two (fee waived with active checking account)

Visa Check Card replacement

$15.00 Lost or Stolen

Visa Check Card pin replacement

$5.00

ATM fee

$1.00 per withdrawal plus vendor charges (LCCU fee waived with Value Plus account)

Credit Card

Fee Amount

Visa card replacement

$50 for each account replacement

Annual membership fee

None

Copies of merchant invoices

$5.00 each copy

Return payment (NSF check)

$15.00 each item

Late payment fee

$15.00 for each payment over 15 days delinquent

Over limit fee

$10 for each billing cycle in which the remaining account balance exceeds the credit limit

ATM Cash Advance fee

$1.00 for each withdrawal plus applicable vendor fee

Loans

Fee Amount

Late payment fee

$10.00 for each payment over 10 days late

Line of Credit Transfer fee

$1.00 per transfer




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