Lorilard Federal Credit Union

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Rates & Fees (effective May 2013)

The par value of one share is $5.00

The rates and fees appearing in this Schedule are accurate as of the Effective Date indicated on this Truth-in-Savings Disclosure. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union. The Credit Union may offer other rates for these accounts from time to time.

Savings Rates

  Download Truth-In-Savings Disclosure

Contact Credit Union for current rates.


Rate Description APR* |APY*
Share Account (min deposit $5.00) 0.05% | 0.05%
Christmas Club Account (min deposit $5.00) 0.50% | 0.50%
Special Share Account (min deposit $5.00) 0.05% | 0.05%
Share Draft ($500 and up) 0.05% | 0.05%

Certificate Rates

   

Contact Credit Union for current rates.


Term APR* | APY*
6 months 0.20% | 0.20%
12 months 0.30% | 0.30%
24 months 0.40% | 0.40%
36 months 0.45% | 0.45%

IRA's

   

Contact Credit Union for current rates.


Term APR* | APY*
Traditional IRA 0.45% | 0.45%
Roth IRA 0.45% | 0.45%

Loan Rates**

  Download Truth-In-Lending Disclosure  |  Amortization Schedule

Contact Credit Union for current rates.


Type APR*
New & Used Vehicles††† 4.20% – 7.20%
New & Used Motorcycles††† 4.20% – 7.20%
Signature 11.00%
Share Secured 3.0%
Stock Secured 3.75% + Share Rate
Line of Credit 8.75% (APY 9.11%)
Special Loan Promotions "Vacation Loan" Starts May 1, 2013 - Ends July 31, 2013
Borrow up to $5,000.00 @ 6.9% with 49 payments for a low monthly payment of $117.40


Fee Rates


Type Fee
CHRISTMAS CLUB ACCOUNT (EARLY WITHDRAWAL) $5.00 PER EARLY WITHDRAWAL
SHARE DRAFT CHECKING ACCOUNT $25 to open-must maintain $25 or $5 mo fee
(NSF) INSUFFICIENT FUNDS/RETURNED CHECK $30.00 per item
RETURNED CHECK-THIRD PARTY $6.00
RETURNED CHECK-MEMBER $30.00 per item
STOP PAYMENT FEE-SINGLE OR SEQUENCE $30.00
BANK COLLECTION ITEM $12.00 PER ITEM
WALK-IN COLLECTION $6.00 PER ITEM
CHECK COPIES-MEMBER OR CU CHECKS $4.00
CHECKBOOK BALANCING $15.00 PER HOUR
ATM/DEBIT CARD
ATM/DEBIT CARD NSF ITEMS $30.00 PER ITEM
REPLACEMENT CARD $5.00
VISA CREDIT CARD
CASH ADVANCE FEE NO CHARGE
OVER CREDIT LIMIT(PROVIDED THEY HAVE SIGNED TO OPT IN) $10.00
LATE PAYMENT FEE $10.00
RETURN CHECK FEE-PAYMENT $25.00
REPLACEMENT CARD $5.00
SALES DRAFT/STATEMENT COPY $6.00 PER COPY
ACH ITEMS
STOP PAYMENT ACH ITEMS $30.00 PER ITEM
ACH ITEMS RETURNED $30.00 PER ITEM
CASHIER CHECKS FROM MEMBER ACCOUNT
FIRST ONE=FREE EACH ADDITIONAL CHECK $2.00 per visit
WIRE TRANSFER
NATIONAL $12.00
INTERNATIONAL $27.50
DOCUMENT COPIES
STATEMENT COPIES $2.00 PER STATEMENT
ACCOUNT SUMMARY PRINTOUT $2.00 PER REQUEST
REOPEN ACCOUNT IF ELIGIBLE $5.00 OPENING DEPOSIT + 5.00 FEE
RETURNED MAIL $1.00 PER OCCURRENCE
EFT FEES
NUMBER OF ATM WITHDRAWALS PER MONTH AT NO CHARGE FOUR FREE
ATM W/D IN EXCESS OF 4 TRANSACTIONS PER MONTH $1.00 PER TRANSACTION
SHARED BRANCHING-FEES 4 TRANSACTIONS PER MONTH FREE
IN EXCESS OF 4 TRANS. PER MONTH $1.00 PER TRANSACTION
BILL PAY first month free $3.00 PER MONTH
MONTHLY SERVICE CHARGE (ckg only - free w-estmts) 0.50 PER MONTH ($6.00 PER YEAR)
NOTARY SERVICE FOR MEMBERS ONLY NO CHARGE
PHONE BANKING TRANSACTIONS NO CHARGE
DORMANT ACCOUNT FEE(12 MONTHS NO ACTIVITY) $5.00 PER MONTH
COURTESY PAY $28.00
GAP INSURANCE $200
GAP PLUS INSURANCE $225
LOAN APPLICATION FEE $12.00

 

 


*APR = Annual Percentage Rate. APY = Annual Percentage Yield.

**Rates and terms are subject to change and variable periodic rates may vary. All loans are subject to our standard credit review process and procedures. New rates apply to new loans, not refinancing of existing Lorillard Federal Credit Union loans. Other restrictions may apply. See Truth-In-Lending Disclosure for complete information.

†††Financing up to 72 months.



© CUNA Mutual Group, 1993, 2003 (TD24838.1) 9/24/03 D3100-FK1


NCUA America Equal Housing Lender

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government,
National Credit Union Administration, a U.S. Government Agency.