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 (APY†)Balance Requirements††Dividend Crediting &
Compound Method
Conditions†††
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

APY is annual percentage yield. Use of electronic services, minimum balance, and loan balances listed above 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. ††Average daily balance per checking share. ††† 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.

Rates are subject to change without notice.

Savings

ProductAnnual Percentage Yield (APY)*Balance to Earn Minimum APYMinimum to Open AccountDividend Rate
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 30.10%$100,000$100,0000.10%
Super Saver - Tier 40.15%$200,000$200,0000.15%

*Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms.  A withdrawal will reduce earnings. Rates are determined at the discretion of the Board of Directors of the Credit Union.  Dividends are paid from current income and available earnings. Rates are subject to change without notice. Dividends are compounded quarterly and credited quarterly.  You may contact the Credit Union at (845) 561-5607 for current rate information.  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.

Money Market

ProductAnnual Percentage Yield (APY)*Balance to Earn Minimum APYMinimum to Open AccountDividend Rate
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 40.10%$100,000$100,0000.10%
Money Market - Tier 50.15%$200,000$200,0000.15%

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. A withdrawal will reduce earnings. Rates are determined at the discretion of the Board of Directors of the Credit Union. Dividends are paid from current income and available earnings. Dividends are compounded monthly and credited monthly. You may contact the Credit Union at (845) 561-5607 for current rate information. 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.

Rates are subject to change without notice.

Certificates

TermAnnual Percentage Yield (APY)*Balance to Earn Minimum APYMinimum to Open AccountDividend Rate
Share/IRA Certificate - 6 months0.25%$500$5000.25%
0.35%$100,000$5000.35%
Share/IRA Certificate - 12 months0.40%$500$5000.40%
0.50%$100,000$5000.50%
Share/IRA Certificate - 24 months0.60%$500$5000.60%
0.70%$100,000$5000.70%
Share/IRA Certificate - 36 months0.80%$500$5000.80%
0.90%$100,000$5000.90%
Share/IRA Certificate - 48 months0.90%$500$5000.90%
1.00%$100,000$5001.00%
Share/IRA Certificate - 60 months1.00%$500$5001.00%
1.10%$100,000$5001.10%

* Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. A withdrawal will reduce earnings. A substantial penalty will be assessed for early withdrawal. Fixed rates for accounts with specific maturities are in effect until maturity. Rates are determined at the discretion of the Board of Directors of the Credit Union. Dividends are paid from current income and available earnings. Dividends are compounded quarterly and credited quarterly. You may contact the Credit Union at (845) 561-5607 for current rate information. 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.

Rates are subject to change without notice.

 Auto Loans

Type of LoanFixed APR* As Low As
Tier 1 Auto (Model Years 2018-2021)2.69%
Tier 2 Auto (Model Years 2013-2017)3.49%
Tier 3 Auto (Model Years 2012 & Older)5.99%
New Boat/Motorhome/RV (2018-2021)6.50%
Used Boat/Motorhome/RV (Model Years 2013-2017)7.00%
New/Used Motorcycle/OV (Model Years 2013-2021)7.49%

*APR=Annual Percentage Rate. As a hypothetical example: A 36-month loan with a fixed rate of 2.49% APR would result in a payment of $28.86 per month for each $1000 financed. Actual rate may vary based on credit worthiness and down payment. 125% financing is also available for qualified borrowers. 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. 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. Maximum term is 84 months; other terms are available. All rates are subject to change without notice. Offer may be withdrawn at any time without notice.

Personal Loans & Lines of Credit

Type of LoanTermVariable APR*Fixed APR*
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%

*APR = Annual Percentage Rate.  Minimum loan amount $500.00, maximum loan amount $2,500.00.  All extensions of credit are subject to credit approval. The maximum APR that may be imposed is 18.00%. Actual rate may vary based on terms and credit worthiness. Rates shown are the lowest rates offered for the loan product(s) advertised. Rate advertised are subject to change at any time. All rates are subject to change without notice.  Contact a credit union employee for further details.

Credit Cards

Type of LoanTermVariable APR*Fixed APR*
Visa Credit Card2N/A9.99%N/A
Secured Visa Credit Card1N/A17.99%N/A

*APR = Annual Percentage Rate.  All extensions of credit are subject to credit approval. The maximum Annual Percentage Rate (APR) that may be imposed is 18.00%. Actual rate may vary based on credit worthiness. Rates shown are the lowest rates offered for the loan product(s) advertised. Rate advertised are subject to change at any time. All terms are subject to change without notice.  Contact a credit union employee for further details.

1 Example: $250 limit Secured VISA® requires $300 to be deposited. Other terms and conditions apply. Contact credit union for details.

2  Other terms and conditions may apply. Contact credit union for details.

Home Equity Loans & Lines of Credit

Type of LoanTermVariable APR*Fixed APR*
Fixed Home Equity Loan1Up to 60 MonthsN/A4.50%
Fixed Home Equity Loan161 to 120 MonthsN/A4.75%
Fixed Home Equity Loan1121 to 180 MonthsN/A4.99%
Fixed Home Equity Loan1181 to 240 MonthsN/A5.49%
Home Equity Line of Credit2,3,410 Year Draw, 15 Year Repayment3.00%N/A

*APR = Annual Percentage Rate. Rates are subject to change without prior notice. All extensions of credit are subject to credit approval.  Rates shown are the lowest rates 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 different terms.  All rates are subject to change without notice. Home Equity Loan rates quoted include a .50% reduction for members who pay their loans through automatic transfer from a share or share draft account. Certain loan restrictions may apply, contact the credit union at 845-561-5607 for further details.

1 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.

2 Subject to a 3.00% floor rate.

3 The maximum Annual Percentage Rate (APR) that may be imposed is 18%.

4 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. Contact the Credit Union at 845-561-5607 for further details.

Mortgages

Type of First MortgageRateAnnual Percentage Rate (APR)*
Fixed Rate 30 Year Mortgage22.750%2.872%
Fixed Rate 20 Year Mortgage22.625%2.747%
Fixed Rate 15 Year Mortgage22.250%2.372%
Fixed Rate 10 Year Mortgage32.125%2.247%
Three/One Adjustable (3/1) Arm12.500%2.622%
Five/One Adjustable (5/1) Arm12.500%2.622%
Seven/One Adjustable (7/1) Arm13.000%3.122%

*APR = Annual Percentage Rate.  All extensions of credit are subject to credit approval. Rates shown are the lowest rates offered for the loan products advertised. Applicants that are not approved for these loan rates or terms may be offered credit at a higher term and/or rate. All terms and conditions are subject to change without notice. Offers may be withdrawn at any time.

1 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.

2 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.   

3 Must be 1st lien position; appraisal is required. Must be 1- to 4- family dwelling, no manufactured homes. Maximum loan amount is $417,000. Example: a 120-month term with a 60% loan-to-value with a fixed rate of 2.79% would result in an estimated payment of $95.60 for each $10,000 financed.  

Rates are updated weekly. Rates subject to change without notice.