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
Gold0.03%

0.05%
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.
Platinum0.10%

0.15%

0.15%
$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 Savings0.01%$500$0.010.01%
Super Saver - Tier 10.05%$25,000$25,0000.05%
Super Saver - Tier 20.05%$50,000$50,0000.05%
Super Saver - Tier 30.08%$100,000$100,0000.08%
Super Saver - Tier 40.12%$200,000$200,0000.12%

Money Market

ProductAnnual Percentage Yield (APY)1Balance to Earn Minimum APYMinimum to Open AccountDividend Rate5
Money Market - Tier 10.05%$2,500$2,5000.05%
Money Market - Tier 20.05%$20,000$20,0000.05%
Money Market - Tier 30.05%$50,000$50,0000.05%
Money Market - Tier 40.08%$100,000$100,0000.08%
Money Market - Tier 50.12%$200,000$200,0000.12%

Certificates

TermAnnual Percentage Yield (APY)1Balance 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 - 12 months0.15%$500$5000.15%
0.20%$100,000$5000.20%
Share/IRA Certificate - 24 months0.20%$500$5000.20%
0.25%$100,000$5000.25%
Share/IRA Certificate - 36 months0.30%$500$5000.30%
0.35%$100,000$5000.35%
Share/IRA Certificate - 48 months0.40%$500$5000.40%
0.45%$100,000$5000.45%
Share/IRA Certificate - 60 months0.50%$500$5000.50%
0.55%$100,000$5000.55%

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 9/21/2021 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. Rates are determined at the discretion of the Board of Directors of the Credit Union. 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. Mininum 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.

 Auto Loans

Type of LoanFixed APR As Low As 7, 8, 9, 11
Tier 1 Auto (Model Years 2019-2022)81.99%
Tier 2 Auto (Model Years 2014-2018)82.99%
Tier 3 Auto (Model Years 2011 - 2013)85.99%
New Boat/Motorhome/RV (2019-2022)176.50%
Used Boat/Motorhome/RV (Model Years 2014-2018)177.00%
New/Used Motorcycle/OV (Model Years 2014-2022)187.49%

Personal Loans & Lines of Credit

Type of LoanTermVariable APR as low asFixed APR as low as 7, 9, 11
Signature Loan / Debt Consolidation / Secured By Auto60 MonthsN/A9.99%
Signature Loan Secured by Certificate60 MonthsN/ACertificate Rate + 3%
Credit Rebuilder / Up to 12 MonthsUp to 12 MonthsN/A18.00%

Credit Cards

Type of LoanTermVariable APR as low as 7, 10, 11Fixed APR as low as7, 10, 11
VISA® Credit CardN/A9.99%N/A
Secured VISA® Credit Card12N/A17.99%N/A

Home Equity Loans & Lines of Credit

Type of LoanTermVariable APR as low as 7, 9Fixed APR as low as 7, 9
Fixed Home Equity Loan13Up to 60 MonthsN/A4.50%
Fixed Home Equity Loan1361 to 120 MonthsN/A4.75%
Fixed Home Equity Loan13121 to 180 MonthsN/A4.99%
Fixed Home Equity Loan13181 to 240 MonthsN/A5.49%
Home Equity Line of Credit11, 1410 Year Draw, 15 Year Repayment3.00%N/A

Mortgages

Type of First MortgageRate as low as 7APR as low as 7
Fixed Rate 30 Year Mortgage153.125%3.284%
Fixed Rate 20 Year Mortgage152.875%3.098%
Fixed Rate 15 Year Mortgage152.375%2.661%
Fixed Rate 10 Year Mortgage152.375%2.794%
Three/One Adjustable (3/1) Arm162.500%2.622%
Five/One Adjustable (5/1) Arm162.500%2.622%
Seven/One Adjustable (7/1) Arm163.000%3.122%

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. 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 Minimum loan amount $500.00, maximum loan amount $2,500.00. A 1% transaction fee will be applied to foreign transactions (outside the US).

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

12 A deposit of 120% must be maintained throughout the life of the loan. As an example: $250 limit Secured VISA® requires $300 to be deposited.

13 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.

14 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.

15 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.

16 ARM = Adjustable Rate Mortgage. Rates on 3/1 ARMs are fixed for the first three years and subsequently subject to change annually. Rates on 5/1 ARMs are fixed for the first five years and subsequently subject to change annually. Rates on 7/1 ARMs are fixed for the first seven years and subsequently subject to change annually. Adjustable rate mortgages have an annual rate cap of +/- 2% and a lifetime rate adjustment cap of +/- 6%. The maximum Annual Percentage Rate (APR) that may be imposed is 6% over the Initial rate and is subject to credit union lending guidelines.

17 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.

18 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.