Checking Account $100 minimum to open |
|
|---|---|
| Balance Range * | Nominal Rate/APY** |
| $1,000 to $14,999 | 0.05% / 0.05% |
| $15,000 or more | 0.10% / 0.10% |
All rates stated as of 1/08/2024. All rates subject to change without prior notice.
**APY = Annual Percentage Yield
*The checking dividend rate will be applied to your checking account balance if you meet the following monthly qualifications:
At least 5 debit card purchases must be maintained per month to earn dividends. Dividends paid monthly.
E-Statement opt-in required.
Regular Shares $5 minimum to open |
|
|---|---|
| Balance Range * | Nominal Rate/APY** |
| $105 to $2,499 | 0.05% / 0.05% |
| $2,500 to $24,499 | 0.10% / 0.10% |
| $25,000 to $49,999 | 0.15% / 0.15% |
| $50,000 to $199,999 | 0.20% / 0.20% |
| $200,000 or more | 0.25% / 0.25% |
All Rates Stated as of 1/08/2024. All Rates Subject to Change without prior notice.
**APY = Annual Percentage Yield.
* Interest is paid at tier rates on balances within each tier. Total interest paid is the sum from each tier. Dividends paid quarterly.
13-Month CD Special Offer – $2,500 minimum to openDividend Rate 4.43% APY 4.50%♦Certificates of Deposits $1,000 minimum to open |
||
|---|---|---|
| Term | Under $19,999 Nominal Rate/APY* |
$20,000 and more Nominal Rate/APY* |
| 1 Year | 1.75% / 1.77% | 1.80% / 1.82% |
| 18 Month | 1.85% / 1.87% | 1.90% / 1.92% |
| 2 Year | 2.05% / 2.07% | 2.10% / 2.12% |
| 3 Year | 2.15% / 2.17% | 2.20% / 2.22% |
All rates stated as of 1/08/2024. all rates subject to change without prior notice.
*APY = Annual Percentage Yield. Dividends paid quarterly.
♦The required minimum balance to open a certificate is $2,500. The total deposit must be new money or a maturing Latvian Credit Union CD. Dividends are paid out quarterly. After 13 months the certificate will be automatically renewed as a 12-month certificate. 13-month certificates have a 15-business day grace period after the maturity date to withdraw funds or close the account.
Kids Club Account (UTMA) $100 minimum to open |
|
|---|---|
| Balance Range | Nominal Rate/APY* |
| $100 or more | 1.50% / 1.50% |
All rates stated as of 1/08/2024. All rates subject to change without prior notice.
*APY = Annual Percentage Yield. Dividends paid quarterly.
*Offer valid on new / used auto. Rates apply to new money only. Not available for refinancing of current LCU loans. All loans are subject to normal credit approval terms and risk analysis, for joint loans average credit score is used. APR = Annual Percentage Rate. The APR available varies from 5.49% to 17.99%, depending on credit score and length of financing. Rates apply to 2016–2024-year models. Price adjustment +1% 2015-2011 collateral, max term 60 MTh. Price adjustment +3% 2010-older collateral, max term 36 MTh.
Recreational Vehicles |
|||||||
|---|---|---|---|---|---|---|---|
| Credit Score | Paper Grade | LTV | Maximum Amount | 36 Month* | 48 Month* | 60 Month* | 72 Month* |
| A+ | 730 & UP | 100% | $100,000 | 6.99% | 7.24% | 7.74% | 8.49% |
| A | 680 – 729 | 100% | $70,000 | 7.49% | 7.99% | 8.24% | 8.74% |
| B | 640 – 679 | 100% | $60,000 | 9.24% | 9.49% | 10.24% | 10.74% |
| C | 600 – 639 | 90% | $40,000 | 13.99% | 14.24% | 14.74% | 15.24% |
| D | 550 – 599 | 80% | $20,000 | 16.74% | 16.99% | 17.24% | 17.74% |
*Offer valid on new / used recreational vehicles. Rates apply to new money only. Not available for refinancing of current LCU loans. All loans are subject to normal credit approval terms and risk analysis, for joint loans average credit score is used. Rates apply to 2016–2024-year models. Price adjustment +1% 2015-2011 collateral, max term 60 MTh. Price adjustment +3% 2010-older collateral, max term 36 MTh.
Unsecured Loans |
||||
|---|---|---|---|---|
| Credit Score | Paper Grade | Maximum Amount* | Signature Loan | Lifestyle Loan** |
| A+ | 730 & UP | 120% | 10.25% | 9.25% |
| A | 680 – 729 | 100% | 11.25% | 10.25% |
| B | 640 – 679 | 90% | 12.25% | 11.25% |
| C | 600 – 639 | 80% | 14.25% | 13.25% |
*Maximum loan amount = % of monthly income. Maximum loan amount – $10,000. Maximum loan term – 60 months.
**Lifestyle loan – medical, dental, adoption, wedding or other special occasions.
Home Equity Loans* / Home Equity Line of Credit** / Construction Loans*** |
||||||
|---|---|---|---|---|---|---|
| Credit Score | Paper Grade | LTV HE & HELOC | Maximum Amount | Nominal Rate | LTV CONST | Nominal Rate CONST |
| A+ | 730 & UP | 80% | $150,000 | 8.25% | 95% | 9.25% |
| A | 680 – 729 | 80% | $150,000 | 8.75% | 95% | 9.75% |
| B | 640 – 679 | 80% | $150,000 | 8.99% | 95% | 9.99% |
| C | 600 – 639 | 80% | $150,000 | 9.25% | N/A | N/A |
*HE – Loan Term – 15-year amortization.
*HELOC – Loan Term – 5-year draw period & 15-year repayment. Floor – 5%.
***Construction Loan- Maximum Loan Amount – 10% of the Credit Union’s deposits.
LCU offers mortgage and refi loans, amounts between $126,000 and $647,200. NMLS# 525558
Mortgage Rates |
|
|---|---|
| Term | Nominal Rate/APY* |
| 30-Year Fixed | 6.500% |
| 20-Year Fixed | 6.375% |
| 15-Year Fixed | 6.000% |
| 10-Year Fixed | 6.000% |
| 30-Year Fixed FHA | 5.875% |
| 30-Year Fixed VA | 5.875% |
| 30-Year Fixed USDA | 6.000% |
*Rates are subject to change without notification. All rates assume credit scores of 740 and above & loan amounts between $126,000 and $647,200. Please contact Latvian CU for specific information. All loans must be approved prior to locking. NMLS# 525558
All rates stated as of 1/08/2024. All rates subject to change daily.