Competitive rates for serious saving

NOTE: There is a penalty for early withdrawal for all Certificates. Please see the Certificate Accounts section in the Patelco Member Handbook.

1. APY = Annual Percentage Yield. Terms and conditions may vary by account.
2. All regular certificates can be opened as IRA certificates, unless otherwise noted. Minimum balance for all IRA certificates is $250.

APR = Annual Percentage Rate. In the case of credit cards, APR applies to purchases and balance transfers.

1. APR = Annual Percentage Rate. Auto rates as low as 3.14% APR effective 11/8/2019; subject to change without notice. Commitment Household members qualify for 0.10% (10 Basis Points) discount from the regular rate on consumer loans except credit cards and mortgage loans. All vehicle loan rates listed above reflect this discount. Learn more about becoming a Commitment Household member. Patelco offers a range of base rates and discounts that depend on factors such as credit history, loan term, Patelco account and loan balances, program designation and vehicle age. Actual rates are disclosed to approved applicants in writing prior to loan consummation and may be as high as 11.89% APR. To learn more about rates, terms and available discounts, visit patelco.org, call 800.358.8228, or stop by a branch. Loan payment example: $22.23 per month per $1000 borrowed at 3.14% APR for 48 months.

2. APR = Annual Percentage Rate. Personal Loan rates offered effective 7/19/2019 and are subject to credit approval. APRs range based on factors including credit type, loan term, Commitment Household/account relationship and applicant credit worthiness/score. Loan terms are based on various factors, including the amount financed. Actual rates are disclosed to approved applicants in writing prior to loan consummation. Offered rates subject to change. For more information, visit patelco.org, call 800.358.8228, or stop by a branch.

   Personal Loan:

   The APR range is 5.30% to 18.40% with terms available from 6 to 60 months. Example, if you receive a loan of $10,000 with and interest rate of 7.40% with no origination fee and make 48 monthly payments of $242.05, your finances charges will be $1,618.13 which would make your total repayment amount $11,618.13

3. Equal to the rate you are receiving on the certificate pledged as security at the time the loan is obtained, plus 2.25%.

Rates for FHA, VA and USDA Loans

We have partnered with Stearns Lending to offer Federal Housing Administration (FHA), Veteran Affairs (VA), and USDA (rural area) loans in 49 states (not licensed in New York) and the District of Columbia plus conventional loans for properties outside of California and Illinois. For rates and terms for government loans and loans for properties outside of California or Illinois, find and speak to a local Home Loan Consultant.

Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an offer or commitment to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard insurance may be required. NMLS ID Number is 506373.

1. APR = Annual Percentage Rate. APRs are based on the following:
   • Conforming (except 5/5 ARM products): Loan amount of $484,350.00 + closing costs and points
   • High Balance Loan amount of $726,525.00 + closing costs and points
   • Jumbo (except 5/5 ARM products): Loan amount of $850,000.00 + closing costs and points
   • Mortgage rates shown are based on a 60-day lock for the rate and term refinance of a primary residence. Under certain circumstances, a 60-day rate lock may not be available.
2. Rate shown at 80% loan-to-value (LTV), owner-occupied limited cash-out refinance or purchase with excellent credit and no subordinate financing. Your rate may be different than what is shown. Please use the rate calculator on our mortgage application site to receive a better estimate for your scenario.
3. The index is the weekly average of the 1-year US Treasury securities adjusted to constant maturity of one year, as made available by the Federal Reserve. The caps are 2% annually and 6% lifetime based on the initial rate. The current index is 1.58%. Your rate may be different than what is shown. Please use the Choose Rates feature on our application page to get a more exact rate.
4. High-Balance Mortgages allow for higher loan limits beyond the $484,350.00 conforming limit up to $726,525.00 for high-cost areas as determined by the Federal Finance Agency (FHFA). These higher limits are designed to make home ownership more affordable in areas with the highest home prices and are typically priced below jumbo mortgage loan.
5. Home Equity Lines of Credit are only available in California on owner occupied and vacation or second homes. The minimum periodic payment for the Interest Only Equity Line of Credit is interest only for the first ten years. After the first ten years, credit advances will no longer be available and payments will be fully-amortizing to repay the balance over fifteen years. The maximum rate is 17%. Payments and rate can adjust monthly. There is no annual fee and no draw period restrictions. Closing costs range from $0 to $2,500. Patelco Credit Union will pay customary closing costs on lines up to $100,000 in second lien position. Borrower may be required to pay a notary fee varying from $1 to $40 to execute the loan documents. The index used is the Prime Rate as published in the Wall Street Journal Western Edition on the last business day of the month prior to the change, plus a margin up to 80% CLTV for owner-occupied properties. The current prime index is 4.75%.
6. Home Equity loans and lines of credit are available on California properties only. Interest paid may be tax deductible. Consult your tax advisor.
7. APR calculations are based on a 15-year term and a loan amount of $100,000.00 with estimated closing costs of $500.00
8. The index (for 5/5 product) is the weekly average of the 5-year US Treasury securities adjusted to constant maturity of five years, as made available by the Federal Reserve. The caps are 2% every adjustment and 5% lifetime based on the initial rate. The current index is 1.73. Your rate may be different than what is shown. Please contact one of our loan representatives at 800.358.8228 extension 1202 to get a more exact rate.
9. 5/5 product APRs are based on the following:
   • Conforming : Loan amount of $453,100.00 + closing costs and points
   • Jumbo : Loan amount of $850,000.00 + closing costs and points
   • Mortgage rates shown are based on a 60-day lock for the rate and term refinance of a primary residence. Under certain circumstances, a 60-day rate lock may not be available.
10. The index (for 10/10 product) is the weekly average of the 10-year US Treasury securities adjusted to constant maturity of ten years, as made available by the Federal Reserve. The caps are 3% every adjustment and 6% lifetime based on the initial rate. The current index is 1.92.