Experience the Feeling of Family
Online Banking

Rates

Current Rates

Loan Rates

 

Apply for Consumer Loan Apply for Mortgage Loan 

 

 

Credit Tiers

Credit Score                Tier               
680+ Tier I
640-679 Tier II
600-639 Tier III
550-599 Tier IV
549 or less Tier V


Effective 03/30/2018

All Loans: Rates subject to change daily. Rates are subject to credit score.
Percentages below are listed as APR - Annual Percentage Rate.

Auto & Titled Motorcycle Loan

Credit Tier Up to 36 Mo. 48 Mo. 60 Mo. 72 Mo. 84 Mo.
Tier I 3.25% 3.50% 3.75% 3.89% 4.29%
Tier II 3.75% 4.00% 4.25% 4.39% 4.79%
Tier III 4.25% 4.50% 4.75% 4.89% 5.29%
Tier IV 4.75% 5.00% 5.25% 5.39%  
Tier V 5.25% 5.50% 5.75% 5.89%  
Rates effective 09/05/2018
 

Example of a typical new vehicle loan: 60 monthly payments of $272.88 based on a $15,000 loan, at 3.50% which equals to $18.19 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score.

Auto & Titled Motorcycle  Loan Terms

2018-2017                                 84 Mos.                           Minimum Loan Amt. $25,000 (Tier I,II & III only)
2018-2016 72 Mos. Term extension available only if Average or Low Miles. Minimum Loan Amt. $25,000 (Tier I,II & III only) Commercial Vehicles do not qualify for term extension beyond 72 months.
2018-2015 72 Mos.          Term Extension beyond 72 months for model year 2015 not available.
2014-2012 60 Mos.  
2011-2009 48 Mos.  
2008-2006 36 Mos.  Add 3.00% to auto loan rate. Add 1.00% for high mileage
2005-2003 24 Mos.  Add 3.00% to auto loan rate. Add 1.00% for high mileage

 

Term extensions may be considered with a .50% loan rate increase for every 6 months added to the original term rate.

 

Other Secured

Non-Titled Motorcycle, Snowmobile, Jet Ski, Utility Trailer, Motor Home, Camper and Boat Loan Rates

Credit Tier Up to
36 Mo.
48 Mo. 60 Mo. 72 Mo. 84 Mo. 120 Mo. 144 Mo. 180 Mo.
Tier I 3.25% 3.50% 3.75% 3.89% 4.29% 5.00% 5.50% 5.75%
Tier II 3.75% 4.00% 4.25% 4.39% 4.79% 5.50% 6.00% 6.25%
Tier III 4.25% 4.50% 4.75% 4.89% 5.29% 6.00%  6.50%  6.75% 
Tier IV 4.75% 5.00% 5.25% 5.39%        
Tier V 5.25% 5.50% 5.75% 5.89%        

Rates effective 09/05/2018

Example of a typical new vehicle loan: 60 monthly payments of $272.88 based on a $15,000 loan, at 3.50% which equals to $18.19 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score.

Term extensions may be considered with a .50% loan rate increase for every 6 months added to the original term rate.

Non-Titled Motorcycle, Snowmobile, Jet Ski ATV, and Utility Trailer Loan Terms

2018-2016 72 Mo
2015-2014 60 Mo
2013-2012 48 Mo
2011-2010 36 Mo
2009-2007 24 Mo
2006-2005 24 Mo (add 3% to rate)

 

Motor Home, Camper and Boat Loan Terms

2018-2017 180 Mo (Minimum Loan Amount $35,000 Tier I & II Only)
2018-2017 144 Mo (Minimum Loan Amount $30,000 Tier I & II Only)
2018-2015 120 Mo (Minimum Loan Amount $25,000 Tier I & II Only)
2014-2013 84 Mo
2012-2011 72 Mo
2010-2009 60 Mo
2008-2007 48 Mo
2006-2005 36 Mo (add 3% to rate)

 

Tractor Loan Guidelines (personal use only)

Loan Amount Maximum Term             
$500 to $2,999 24 Mo
$3,000 to $5,999 36 Mo
$6,000 to $9,999 48 Mo
$10,000 to $14,999 60 Mo
$15,000 to $25,000 72 Mo

 

Unsecured Loans 

Credit Tier 12 Mo. 24 Mo. 36 Mo. 48 Mo. 60 Mo.
Tier I 9.40% 9.90% 10.15% 10.40% 11.40%
Tier II 10.40% 10.90% 11.15% 11.40% 12.40%
Tier III 11.40% 11.90% 12.15% 12.40% 13.40%
Tier IV 12.40% 12.90% 13.15% 13.40% 14.40%
Tier V 13.40% 13.90% 14.15% 14.40% 15.40%

 Effective 03/30/2018

Example of a typical Signature/ Personal loan: 36 monthly payments of $485.06 based on a $15,000 loan, at 10.15% which equals to $32.34 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score. 

 

VISA Credit Cards:

13.90% APR*
Balance Transfer: 6.95% APR* for the life of the balance transferred.

*Annual Percentage Rate

 

 

Lifestyle Line of Credit

Credit Tier Rate
Tier I 12.25%
Tier II & III 12.25%
 
 Effective 09/27/2018
 

Rate based on Wall Street Prime 5.25% + 7.00% = 12.25%. WSP as of 09/27/2018 is 5.25%.
The Periodic Rate is 0.03356%


 

Home Fuel/ Energy Efficiency Loans 

Loan Type Rate Term Max Loan Amount
Home Fuel 3.40% 12 Mo. $3,000
Energy Efficiency 3.90% 24 MO $5,000
Energy Efficiency 4.40% 36 MO $5,000

 

Example of a typical Home Fuel loan: 12 monthly payments of $254.63 based on a $3,000 loan, at 3.40% which equals to $84.88 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score. 

 

Technology Loan

Credit Tier Rate
Tier I 3.65%
Tier II & III 5.15%
Tier IV & V 7.15%


Effective 03/30/2018

Maximum loan amount $2,000 with a maximum term of 12 months

Example of a typical technology loan: 12 monthly payments of $254.63 based on a $1,000 loan, at 3.65% which equals to $84.99 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score. 

 

Credit Builder Loan 

Loan Type Rate Term Max Loan Amount
Credit Builder Loan is available to members with no credit score or credit scores 599 or lower. 5.15% 6 -12 Mo. $500-$1,000
 

 

Mortgage Rates:

 

First Mortgages

Effective 07/02/2018 

Rates are subject to change at any time. Rates will be updated on website weekly. Check back often.  
80% Loan-to-Value
* Annual Percentage Rate.  APR based on loan amount of $100,000;0 points; 10 days prepaid interest

 Terms  Rates  APR*
 1 Year - 5 Years 4.250% 4.306%
 5+ Years - 10 Years 4.250% 4.279%
 10+ Years - 15 Years 4.375% 4.396%
 20 Years 4.500% 4.517%
 30 Years 4.750% 4.763%

Example of a Mortgage loan without Annual Taxes or Insurance: 180 monthly payments of $745.97 based on a $100,000 loan, at 4.125% which equals to $7.46 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score. 

Second Mortgages

Effective 01/11/2018 

Rates are subject to change daily. 

80% Loan-to-Value

* Annual Percentage Rate

 Terms  Rates  APR*
 1 year - 5 years 4.500% 4.508%
 5+ years - 10 years 4.750% 4.754%
 10+ years - 15 years 5.000% 5.003%

85% Loan-to-Value

*Annual Percentage Rate

 Terms  Rates  APR*
1 year - 5 years 4.750% 4.756%
5+ years - 10 years 5.000% 5.004%
10+ years - 15 years 5.250% 5.253%

Construction Loans

Effective 07/02/2018 

Rates are subject to change daily. 
80% Loan-to-Value
* Annual Percentage Rate

 Terms  Rates  APR*
 15 Yr  4.875%  4.171%
 20 Yr  5.000%  4.238%
 30 Yr  5.250%  5.431%

$500 Construction fee for mobile homes, $1000 Construction fee for other homes

Example of a Construction loan without Annual Taxes or Insurance: 180 monthly payments of $764.99 based on a $100,000 loan, at 4.50% which equals to $7.65 per thousand. Your payment will vary due to amount, term and interest rate. Other rates and terms available. Membership eligibility required, including $25 minimum share account balance. Fixed interest rates based on credit score. 


Home Equity Line of Credit

Effective 10/01/2018

Our Home Equity Loan is a variable rate of Prime Minus .25% for the life of the loan.  The rate is adjusted monthly based on Prime as shown in the Wall Street Journal. The prime rate is 5.25% APR* as of 10/01/18. Hazard Insurance is required. Flood insurance is required where necessary. Please consult your tax adviser for deductibility of interest and charges. We will lend up to 85% of the appraised value of your home, minus first mortgage. $5,000 minimum for line of credit. Maximum APR* is 18.00%.
* Annual Percentage Rate 

Savings Rates

Truth-in-Savings Account Disclosure 


Share Accounts

Effective 01/10/2017 

Account Type Dividend Rate  APY*  Min. Opening Deposit**
 Shares  0.10%  0.10% $25
 Insured Shares  0.00%  0.00% $25
 Club Accounts  0.10%  0.10% $0
 Health Savings Accounts  0.25%  0.25% $0
Monty Moose Accounts
 0.10%  0.10% $25
  • *Annual Percentage Yield
  • **Minimum Opening balance / Minimum required balance to earn APY
  • Rates subject to change after account opening at any time without notice.

Money Market Accounts

Effective 09/01/2018

 Account Type
Dividend Rate  APY*  Min. Opening Deposit**
 < $10,000  0.65%  0.65% $2,500
 $10,000+  0.75%  0.75% $2,500
 $25,000+  0.85%  0.85% $2,500
 $50,000+  1.00%  1.00% $2,500
  • *Annual Percentage Yield
  • **Minimum Opening balance / Minimum required balance to earn APY
  • Rates subject to change after account opening at any time without notice.

Share Certificates of Deposit

Effective 10/15/2018

 Account Type Dividend Rate  APY*  Min. Opening Deposit**
 6 Month Certificate
 1.20% 1.21%  $500
 1 Year Certificate  1.80%  1.81%  $500
 2 Year Certificate  2.35%  2.37%  $500
 3 Year Certificate  2.60%  2.63%  $500
 4 Year Certificate 3.00%  3.04%  $500
 5 Year Certificate  3.25%  3.30%  $500

* Annual Percentage Yield
**Minimum Opening balance / Minimum Required Balance to earn APY

We may impose a substantial penalty if you withdraw any of the principal before the maturity date. For Certificates of less than 24 months duration the penalty is an amount equal to 90 days Dividends, whether earned or not. For Certificates of 24 months or more duration, the penalty is an amount equal to 180 days of interest whether earned or not.

Certificates renew automatically with a 7-day grace period during which withdrawals may be made without penalty.


Individual Retirement Accounts (IRA)

Effective 10/15/2018

 Account Type
 Dividend Rate 
 APY*  Min. Opening Deposit** 
 IRA 1 Year Certificate
1.80% 1.81% $1,000
 IRA 2 Year Certificate
2.35% 2.37% $1,000
 IRA 3 Year Certificate
2.60% 2.63% $1,000
IRA 4 Year Certificate
3.00% 3.04% $1,000
IRA 5 Year Certificate
3.25% 3.30% $1,000
IRA Variable
0.65% 0.65% $25
IRA Variable
0.75% 0.75% $10,000+
IRA Variable
0.85% 0.85% $25,000+
IRA Variable
1.00% 1.00% $50,000+

*Annual Percentage Yield

**Minimum Opening balance / Minimum required balance to earn APY

  • Variable rates subject to change after account opening at any time without notice.
  • Withdrawals prior to age 59 1/2 may be penalized 10% by the IRS. 
NCUA Logo     Equal Housing Lender Logo

Your savings federally insured to at least $250,000 by the National Credit Union Administration (NCUA) and backed by the full faith and credit of the United States Government.

About Us

CONTACT US
  • Address: 555 Sabattus St., Lewiston, ME 04240
  • Branch Locations
  • Phone: 207-783-2071
  • Routing #: 211287913
SEARCH

Search the website by entering your search terms below.

© 2018 Maine Family Federal Credit Union. All rights reserved. | Web Design by Avtec Media