Michigan One Community Credit Union Current Rates
| *Qualify for Super Saver Discount |
**Qualify for Easy Pay Rate |
| By using a M1 Net Check Direct Deposit of at least $800/month and Automatic Loan Payment; or Net Check Direct Deposit of at least $800.00/month and use i.Teller to transfer the Loan Payment; or had a previous M1 loan and will use Automatic Loan Payment; or *Active M1 Checking Account and Automatic Loan Payment. |
|
| *Active Checking means 10 transactions within the last month. |
| Ask About Our 90 Day 1st Payment Delay |
Refy Special Is your vehicle or RV financed somewhere else? |
| Add only $90.00! | Refinance with M1ccu at 2.99% (APR) |
| *Restrictions apply. | Requires SuperSaver Qualifications. Up to 99 Months. Minimum Payment $199. Effective 09/06/19 |
Vehicle Rates
| Vehicles & Type A RV's | |||
| Effective Date: 04/02/20 | |||
| Cars, vans, trucks, conversion vans, motorcycles, motor homes, boats, fifth wheels, travel trailers, heavy duty vehicles/equipment, enclosed trailers with living quarters. Mobile/manufactured homes add 2.0% to all rates. Add 4.0% to waive insurance. Reduce SuperSaver ¼ % on New Cars,Vans, & Trucks at 75 months. | |||
| Term | Regular Rate | *Super Saver Discount Rate | **Easy Pay Rate |
**Auto Loan Special: All Model Years Up to 66 Months 2.99% | |||
| First Time Buyer: Up to 60 months | 6.49% | ||
| Up to 66 months | 9.99% | 3.49% | 3.49% |
| 75 months | 9.99% | 4.24% | 7.24% |
| 84 months | 9.99% | 5.49% | 8.49% |
| 120 months (no balloon) | 8.99% | 5.99 | 7.99% |
| 120 months (5 yr balloon) | 7.49 | 5.24% | 6.24% |
| 180 months (no balloon) | 9.49% | 6.49% | 8.49% |
| 180 months (5 yr balloon) | 8.49% | 5.74% | 7.24% |
| All Model years | |||
| * See above for Super Saver Discount Rate Qualifications | |||
| **See above for Easy Pay Rate Qualifications | |||
| Type B RV's | |||
| Effective Date: 04/02/20 | |||
| Includes: UTV's and/or ATV's, truck campers, tent campers, certain heavy duty trailers, snowmobiles, lawn tractors, off-road motorcycles, personal watercraft, enclosed trailers without living quarters (On purchases, lower rate .5% with 10% down or 1% with 20% down! Cash and/or trade on out-the-door price). (Add 4.00%, or use the unsecured rate if it is less, if M1ccu waives the requirement to carry full coverage physical damage insurance.) | |||
| Term | Regular Rate | *Super Saver Discount Rate | **Easy Pay Rate |
| Up to 60 months | 9.99% | 5.99% | 7.74% |
| 72 months | 9.99% | 6.99% | 8.74% |
| All Model years | |||
| * See above for Super Saver Discount Rate Qulifications | |||
| **See above for Easy Pay Rate Qualifications | |||
Other Loans
| Other Loans | ||
| Effective Date: 04/02/20 | ||
| Name | Regular Rate | *Super Saver Discount Rate |
| Personal Loans ($5,000 or less, up to 60 months) |
10.99% | 9.24% |
| Personal Loans (Over $5,000, up to 60 months) |
9.99% | 8.24% |
| *See above for Super Saver Discount Rate Qualifications | ||
| Cashline | 13.00% | N/A |
| MPower Credit Card | 9.90% | N/A |
| CURewards Credit Card | 12.90% | N/A |
Share Secured
| Share Secured | ||
| Effective Date: 04/02/20 | ||
| Term | Regular Rate | *Super Saver Discount Rate |
| up to 60 months | 5.99% | 3.99% |
| *See above for Super Saver Discount Rate Qualifications | ||
Home Loans
| Vacant Land | |
| Effective Date: 02/11/11 | |
| 25% down purchase money, 25% equity on refinance | |
| Term | Rate |
| No rates found. | |
| 2-Step Construction Loans | |
| Effective Date: 02/11/11 | |
| 25% down purchase money, 25% equity on refinance | |
| Built By: | Rate |
| No rates found. | |
Home Equity Loans
HomeLine
A Home Equity Loan from us is the convenient way to tap into the savings you have worked so hard to build. Our Home equity Loans give qualified members affordable financing to get those improvements done. If you need financing to get your home into shape, or for any other qualified expense, our Home Equity Loan is for you!
Best Rate: 2.89%*
*restrictions apply
Variable Lines of Credit • Friendly Terms Available • Possible Tax Advantages
(consult your tax advisor)
HomeFix
Get your HomeFix!
Lock into a super-low fixed-rate with really easy payments!
Best Rate: 3.99%*
*restrictions apply*
Savings
| All Shares | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $100 - $49,999 | 0.05% | 0.05% | $5.00 | $100.00 | $0.00 |
| $50,000 & over | 0.10% | 0.10% | $5.00 | $100.00 | $0.00 |
| IRA Savings | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $100 - $49,999 | 0.25% | 0.25% | $5.00 | $100.00 | $0.00 |
| $50,000 & over | 0.50% | 0.50% | $5.00 | $100.00 | $0.00 |
Checking
| careFree | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $0.00 | 0.00% | 0.00% | $0.00 | $0.00 | $0.00 |
| careFull | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $500 & over | 0.05% | 0.05% | $0.00 | $500.00 | $0.00 |
| carePlus & Business Interest | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $1500 - $49,999 | 0.05% | 0.05% | $0.00 | $1,500.00 | $1,500.00 |
| $50,000 & over | 0.10% | 0.10% | $0.00 | $1,500.00 | $1,500.00 |
| Money Market Manager | |||||
| Effective Date: 04/08/20 | |||||
| Interest Rate Tiers | Dividend Rate (as APR) | Annual Percentage Yield | Minimum Opening Balance | Min. Balance to Earn Dividend | Minimum Balance to Avoid Fee |
| $1000 - $24,999 | 0.10% | 0.10% | $1,000.00 | $1,000.00 | $1,000.00 |
| $25,000-$49,999 | 0.25% | 0.25% | $1,000.00 | $1,000.00 | $1,000.00 |
| $50,000-$99,999 | 0.50% | 0.50% | $1,000.00 | $1,000.00 | $1,000.00 |
| $100,000 & over | 0.75% | 0.75% | $1,000.00 | $1,000.00 | $1,000.00 |
Certificate of Deposit and IRA Certificate of Deposit
| Certificate of Deposit and IRA Certificate of Deposit | |||
| Effective Date: 04/08/20 | |||
| Length of Maturity | Minimum Opening Balance | Dividend Rate (as APR) | Annual Percentage Yield |
| 6 months | $500.00 | 0.10% | 0.10% |
| 12 months | $500.00 | 0.75% | 0.75% |
| 18 months | $500.00 | 0.75% | 0.75% |
| 24 months | $500.00 | 0.80% | 0.80% |
| 30 months | $500.00 | 0.80% | 0.80% |
| 36 months | $500.00 | 0.90% | 0.90% |
| 48 months | $500.00 | 0.90% | 0.90% |
| 60 months | $500.00 | 1.00% | 1.01% |
The dividend rates and annual percentage yields were current as of the effective date above. Please call for current yields. Dividends are paid on your daily balance and the dividend period is monthly. Fees may lower earnings, additional information can be found in our Truth in Savings account disclosure and Fee Schedule. | |||
*All Rates Quoted as APR (Annual Percentage Rate)*
