Loan, Mortgage and Savings Rates

Heritage Financial Credit Union offers competitive rates for various loan types and personal finance accounts. Please see below for our current rates and check our promotions page for special offers.

Accelerator Tier 1

Good Standing and basic requirements including E-statements, one direct deposit every calendar month, and 3 or more online bill payments each calendar month PLUS

25 PIN or signature-based debit card transactions each calendar month OR

Average daily loan balance of $10,000+

STANDARD APY: If the requirements are not met for at least Accelerator Tier 1 in any given month, then the standard APY will apply.

Accelerator Tier 2

Good Standing and basic requirements including E-statements, one direct deposit every calendar month, and 3 or more online bill payments each calendar month PLUS

25 PIN or signature-based debit card transactions each calendar month AND

Average daily loan balance of $10,000+

STANDARD APY: If the requirements are not met for at least Accelerator Tier 1 in any given month, then the standard APY will apply.

Accelerator Tier 3

Good Standing and basic requirements including E-statements, one direct deposit every calendar month, and 3 or more online bill payments each calendar month PLUS

Average daily Accelerator account balance of $5,000+ AND

25 PIN or signature-based debit card transactions each calendar month or average daily loan balance of $10,000+

STANDARD APY: If the requirements are not met for at least Accelerator Tier 1 in any given month, then the standard APY will apply.

Accelerator Tier 4

Good Standing and basic requirements including E-statements, one direct deposit every calendar month, and 3 or more online bill payments each calendar month PLUS

Average daily Accelerator account balance of $5,000+ AND

25 PIN or signature-based debit card transactions each calendar month AND average daily loan balance of $10,000+

STANDARD APY: If the requirements are not met for at least Accelerator Tier 1 in any given month, then the standard APY will apply.

Checking

Account TypeDividend Rate (APY1)Balance Requirements2Dividend Crediting &
Compound Method
Conditions3
Basic0.00%$0Monthly
Gold0.08%

0.10%
up to $19,999.99

$20,000.00 - $99,999.99
Monthly

Monthly
• Receive e-Statements
• 1 Direct Deposit per Month
• 10 Debit Card Transactions (or) have an average daily loan balance of at least $10K.
Platinum0.20%

0.25%

0.30%
$100k - $149,999.99

$150K - $249,999.99

$250K+
Monthly

Monthly

Monthly

Savings

ProductAnnual Percentage Yield (APY)1Balance to Earn Minimum APYMinimum to Open AccountDividend Rate4
Share Savings0.05%$500$0.010.05%
Holiday, Vacation, Escrow0.01%$500$0.010.01%
IRA Savings0.01%$500$0.010.01%
Super Saver - Tier 10.15%$25,000$0.000.15%
Super Saver - Tier 20.15%$50,000$0.000.15%
Super Saver - Tier 30.20%$100,000$0.000.20%
Super Saver - Tier 40.30%$200,000$0.000.30%

Grand Slam Savings & Checking

Product (9)Annual Percentage Yield (APY)1Balance to Earn Minimum APYMinimum to Open AccountDividend Rate4
Grand Slam Savings- Tier 14.00%$50.01$10,0003.93%
Grand Slam Savings - Tier 24.10%$2,500.01$10,0004.03%
Grand Slam Savings- Tier 34.20%$10,000.01$10,0004.13%
Grand Slam Savings - Tier 44.25%$75,000.01$10,0004.17%
Grand Slam Savings - Tier 54.30%$150,000.01$10,0004.22%
Grand Slam Checking0.00%$0$00.00%

Money Market

ProductAnnual Percentage Yield (APY)1Balance to Earn Minimum APYMinimum to Open AccountDividend Rate5
Money Market - Tier 10.15%$2,500$0.000.15%
Money Market - Tier 20.15%$20,000$0.000.15%
Money Market - Tier 30.15%$50,000$0.000.15%
Money Market - Tier 40.20%$100,000$0.000.20%
Money Market - Tier 50.30%$200,000$0.000.30%

Certificates

TermAnnual Percentage Yield (APY)1,7,8Balance to Earn Minimum APYMinimum to Open AccountDividend Rate4,6
Share/IRA Certificate - 6 months0.10%$500$5000.10%
0.15%$100,000$5000.15%
Share/IRA Certificate - 6 months Special4.50%$500$5004.43%
Share/IRA Certificate - 9 months - New Money (8)5.00%$5,000$5,0004.91%
Share/IRA Certificate - 12 months3.75%$500$5003.70%
3.80%$100,000$5003.75%
Share/IRA Certificate - 24 months3.50%$500$5003.46%
3.55%$100,000$5003.50%
Share/IRA Certificate - 36 months3.25%$500$5003.21%
3.30%$100,000$5003.26%
Share/IRA Certificate - 48 months3.00%$500$5002.97%
3.25%$100,000$5003.21%
Share/IRA Certificate - 60 months3.05%$500$5003.02%
3.20%$100,000$5003.16%

1Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are effective as of 1/1/2024 and are subject to change at any time without notice. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may chance after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references.
2Average daily balance per checking share. Minimum to open account is $0.00.
3All accounts must be in good standing in order to receive the stated Dividend Rate. Good standing means you have on deposit at least the par value of one full share in the regular share savings account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all share accounts. Use of electronic services, minimum balance, and loan balances are required to earn reward APYs. If you do not qualify for a reward APY (minimum Reward, Basic), you will earn the basic reward default APY.
4Dividends are compounded quarterly and credited quarterly.
5Dividends are compounded monthly and credited monthly.
6A substantial penalty will be assessed for early withdrawal. Fixed rates for accounts with specific maturities are in effect until maturity.

(1)Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are effective as of 1/1/2024 and are subject to change at any time without notice. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may chance after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references.

(2)Average daily balance per checking share. Minimum to open account is $0.00.

(3) All accounts must be in good standing in order to receive the stated Dividend Rate. Good standing means you have on deposit at least the par value of one full share in the regular share savings account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all share accounts. Use of electronic services, minimum balance, and loan balances are required to earn reward APYs. If you do not qualify for a reward APY (minimum Reward, Basic), you will earn the basic reward default APY.

(4)Dividends are compounded quarterly and credited quarterly.

(5)Dividends are compounded monthly and credited monthly.

(6)  A substantial penalty will be assessed for early withdrawal. Fixed rates for accounts with specific maturities are in effect until maturity.

(7) APY is the Annual Percentage Yield. The 6 month certificate at 4.50% fixed APY is based on a dividend rate of 4.43%. The 9 month certificate at 5.00% fixed APY is based on a dividend rate of 4.91%. The minimum to open the 6 month account and earn the stated APY is $500. The minimum to open the 9 month account and earn the stated APY is $5,000. Withdrawals, maintenance or activity fees will reduce stated earnings. Withdrawals of accrued dividends are permissible and will not incur a penalty. Withdrawals of principal will result in a penalty equal to 90 days dividends for certificates with maturities of six months, 180 days dividends for a 12 to 23 month certificate and a penalty equal to 365 days dividends for the 24 month and 36 month certificates. Certificates with maturities of 48 months to 60 months are subject to a penalty equal to 540 days. This penalty is applied whether or not the dividends have been accrued. For accounts that automatically renew for another term, you have a grace period of 10 days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. The rates are accurate as of 4/1/2024 and are subject to change at any time. This is a limited-time offer and may be withdrawn at any time. This is offer is available for personal or business purposes, IRA, and Coverdell Education Savings accounts.

(8) New money is defined as funds that are not currently held by HFCU in any share or deposit account. New money can be a rollover of an existing HFCU certificate with a minimum of $5,000 in new money added or a new certificate opened with non-Heritage Financial Credit Union funds with a minimum of $5,000.

9This is a digital account with e-statement sign-up and online banking sign-up required. Grand Slam Savings: Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are accurate as of today’s date and are subject to change at any time without notice. The Grand Slam Savings account requires a minimum opening deposit of $10,000 new money. New money is defined as funds not on deposit with HFCU. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may change after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references. Dividends are compounded monthly and credited monthly. Grand Slam Checking: Interest/Dividend earnings do not apply to the checking. Rates are accurate as of today’s date and are subject to change at any time without notice. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references. Minimum amount to open a savings account for the Grand Slam savings is $10,000.

 Auto Loans

Type of LoanFixed APR As Low As 7, 8, 9, 10
Tier 1 Auto (Model Years 2022-2025)86.49%
Tier 2 Auto (Model Years 2017-2021)87.17%
Tier 3 Auto (Model Years 2014 - 2016)810.12%
New Boat/Motorhome/RV (2022-2025)156.50%
Used Boat/Motorhome/RV (Model Years 2017-2021)157.00%
New/Used Motorcycle/OV (Model Years 2016-2025)167.49%

Personal Loans & Lines of Credit

Type of LoanTermVariable APR as low as 17Fixed APR as low as 7, 9, 10
Signature Loan / Debt Consolidation / Secured By AutoUp to 60 MonthsN/A11.49%
Signature Loan Secured by CertificateUp to 60 MonthsN/ACertificate Rate + 3%
Credit Rebuilder / Up to 12 MonthsUp to 12 MonthsN/A18.00%
Universal Line of Credit (Un-LOC) 17N/A12.50%N/A

Overdraft Line of Credit

Type of LoanTermVARIABLE APR AS LOW AS7FIXED APR AS LOW AS 7, 9, 10
Overdraft Line of CreditN/AN/A18.00%

Home Equity Loans & Lines of Credit

Type of LoanTermVariable APR as low as 7, 9Fixed APR as low as 7, 9
Fixed Home Equity Loan11Up to 60 MonthsN/A6.00%
Fixed Home Equity Loan1161 to 120 MonthsN/A6.25%
Fixed Home Equity Loan11121 to 180 MonthsN/A6.75%
Fixed Home Equity Loan11181 to 240 MonthsN/A7.00%
Home Equity Line of Credit10, 1210 Year Draw, 15 Year Repayment8.00%N/A

Mortgages

Type of First MortgageRate as low as 7APR as low as 7
Fixed Rate 30 Year Mortgage136.875%6.997%
Fixed Rate 20 Year Mortgage136.625%6.747%
Fixed Rate 15 Year Mortgage136.500%6.622%
Fixed Rate 10 Year Mortgage136.375%6.497%
Five/One Adjustable (5/1) Arm146.125%6.247%
Seven/One Adjustable (7/1) Arm146.375%6.497%

7 APR=Annual Percentage Rate. Actual rate may vary based on credit worthiness and down payment, if applicable. All extensions of credit are subject to credit approval. Rates shown are lowest offered for the loan products advertised. Applicants that are not approved for these loan rates or terms may be offered credit at a higher rate and/or with different terms. The representative monthly payment based on a 5-year term Personal Loan at 9.99% Annual Percentage Rate is $21.24 per $1,000 borrowed. All rates and terms are subject to change without notice. Offer may be withdrawn at any time without notice. Contact a credit union employee for further details. Other terms and conditions may apply.

8 As an example: A 60-month loan with a fixed rate of 5.49% APR would result in a payment of $19.10 per month for each $1,000 financed. Up to 125% financing is also available for qualified borrowers. Maximum term is 84 months; other terms are available.

9 All rates quoted include a 0.50% reduction for members who authorize payment of their HFCU loan through an automatic electronic funds transfer, debited from any account.

10 The maximum APR that may be imposed is 18.00%.

11 As an example: a 180-month term and a 70% total loan-to-value for a home equity loan with a fixed rate of 6.25% APR would result in an estimated payment of $8.54 for each $1,000.00 financed.

12 Subject to a 3.00% floor rate. There are certain draw down, balance requirements, and loan-to-value restrictions which may apply. For variable-rate loans, the APR may increase after consummation. Home Equity Lines of Credit closed out prior to their anniversary dates will be subject to the addition of all waived closing costs to the payoff balance.  The rate is based on the current published WSJ prime minus a margin of .50%.  The margin is based on credit worthiness and will vary.

13 Must be 1st lien position; appraisal is required. Must be 1- to 4- family dwelling, no manufactured homes. Maximum loan amount is $417,000. As an example: A 360 month term at a fixed rate of 3.75% with a 60% LTV would be $46.32 for each $10,000 borrowed. Taxes and insurance are not included; therefore the actual payment obligation will be greater.

14 ARM =Adjustable Rate Mortgage. Adjustable Rate Mortgages are variable and the Annual Percentage Rate (APR) may increase or decrease after the original fixed rate period.  That change can increase or decrease the monthly payment.  After the original fixed rate period the rate will adjust every 12 months (annually) for the remainder of the term of the loan  The APR will vary based on a predetermined index (as published in the Wall Street Journal or by the Federal Reserve) plus a margin and rounded to the nearest 1/8th of one percent.  The ARM loans have an annual adjustment cap of a 2.00% increase or decrease from the current rate and a lifetime cap of 6.00% from the initial rate.  Rates on 3/1 ARMs are fixed for the first three years and will then adjust every 12 months for then term of the loan.  Rates on 5/1 ARMs are fixed for the first five years and will then adjust every 12 months for the term of the loan. Rates on 7/1 ARMs are fixed for the first seven years and will then adjust every 12 months for the term of the loan.  Rates are subject to credit union lending guidelines.

15 Maximum term is 180 months; other terms are available. Payment Example: A 60-month loan with a fixed rate of 5.49% APR would result in a payment of $19.10 per month for each $1,000 financed. Up to 100% financing is also available for qualified borrowers.

16 Maximum term is 60 months; other terms are available. Payment Example: A 60-month loan with a fixed rate of 5.49% APR would result in a payment of $19.10 per month for each $1,000 financed. Up to 100% financing is also available for qualified borrowers.

17 As of April 1, 2023, the 12.00% Annual Percentage Rate (APR) is available on the Universal Line of Credit (Un-LOC) and subject to change. The APR is variable and is based upon an index plus a margin. The APR will vary with Prime Rate (the index) as published in the Wall Street Journal (currently 8.00%). The margin will be based on credit worthiness and will vary, based on credit, from 4.00% to 11.00%. The maximum rate is 25.00% APR. Maximum loan amount up to $50,000. There are no annual fees. Minimum monthly payments based on 2.00% of outstanding balance (payment of $20.00 per month based on $1,000 balance).Rates are subject to change. Subject to credit approval, eligibility and credit qualifications. The Universal Line of Credit may be reduced or additional extensions of credit limited if certain circumstances occur. Approval for personal line of credit requires having a new or existing share account with the credit union.