savings
| Share Savings |
| Effective Date: Monday, February 6th, 2012 |
| Type | Rate | APY* | Minimum Balance to Earn Dividend |
| Share |
0.10% |
0.10% |
$5.00 |
| HIgh Yield |
0.10% |
0.10% |
$2,500 to $9,999.99 |
| |
0.15% |
0.15% |
$10,000 to $24,999.99 |
| |
0.20% |
0.20% |
$25,000 to $49,999.99 |
| |
0.30% |
0.30% |
$50,000 and above |
| IRA Savings |
0.25% |
0.25% |
$5.00 |
| Christmas Club |
0.10% |
0.10% |
$5.00 |
| Vacation Club |
0.10% |
0.10% |
$5.00 |
* Annual Percentage Yield (APY) subject to change. Christmas Club funds disbursed October 1st into designated account. |
| IRA & Certificate of Deposit |
| Effective Date: Monday, February 6th, 2012 |
| Type | Rate | APY* | Minimum Balance to Open |
| 6 Months |
0.45% |
0.45% |
$500.00 |
| 12 Months |
0.55% |
0.55% |
$500.00 |
| 24 Months |
0.70% |
0.70% |
$500.00 |
| 36 Months |
1.10% |
1.10% |
$500.00 |
| 48 Months |
1.50% |
1.51% |
$500.00 |
| 60 Months |
2.00% |
2.01% |
$500.00 |
| * Annual Percentage Yield (APY) subject to change. Early withdrawal penalty may apply. Consult the Truth in Savings Disclosure for more information on these products. |
Loans
| Auto - New |
| Effective Date: Monday, February 6th, 2012 |
|
| Term | APR* (as low as) |
| Up to 60 Months |
2.99% |
| 72 Months |
3.20% |
| 84 Months |
3.40% |
| Auto - Used |
| Effective Date: Monday, February 6th, 2012 |
|
| Term | APR* (as low as) |
| Up to 60 Months |
3.99% |
| 72 Months |
4.20% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms available. Rates apply to vehicles 2004 and newer. Loan requests less than $5,000 will have a maximum term of 48 months. Minimum financing amount may be required. 84 month financing for new vehicles over $40,000 only. |
| Recreational Vehicle |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| Up to 60 Months |
4.50% |
| 72 Months |
4.70% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms available. Rates apply to boats, RVs, motorcycles, ORVs, and personal watercrafts 2000 and newer. Loan requests less than $5,000 will have a maximum term of 48 months. Minimum financing amount may be required. |
| Recreational Vehicle - New & Used Over $25,000 |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| Up to 84 Months |
4.99% |
| 120 Months/5 YR Balloon |
5.20% |
| 144 Months/5 Yr Balloon |
5.40% |
| 180 Months/5 Yr Balloon |
5.75% |
| Manufactured Home |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| 84 Months w/ 5 yr balloon |
11.00% |
| 120 Months w/ 5 yr balloon |
11.75% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms available. Maximum Loan to Value of 60%. Home value appraisal may be required and must be paid up front. |
| Home Equity |
| Effective Date: Monday, February 6th, 2012 |
| Type | Term | APR* (as low as) |
| Line of Credit* |
Revolving |
4.00% |
| Fixed - Max LTV 80%** |
84 Months |
5.99% |
| |
120 Months |
5.99% |
| * Annual Percentage Rate (APR) subject to change based on published Wall Street Journal Prime Rate. Rate may not apply to all borrowers, other rates and terms available. Home value appraisal may be required and must be paid up front. The draw period is 7 years. |
| First Mortgage |
| Effective Date: Monday, February 6th, 2012 |
| Type | Term | APR* (as low as) |
| Max LTV 80% |
5 yr balloon |
4.99% |
| |
8 yr balloon |
5.14% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms available. Max LTV = Maximum Loan to Value. Down payment and closing cost may vary and may have to be paid upfront. |
To offer even more options to our members, we've partnered with Member First Mortgage (MFM). MFM is a credit union owned organization serving only credit union members. With MFM and Rivertown on your side, you're sure to get the house of your dreams at a monthly payment you can afford.
Check out their website for more information.
| Signature |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| Up to 48 Months |
8.00% |
| 60 Months |
8.10% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms may be available. |
| Freedom Line of Credit |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| Line of Credit |
9.25% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms may be available. |
| Share Secured |
| Effective Date: Monday, February 6th, 2012 |
| Term | APR* (as low as) |
| Up to 36 Months |
3.30% |
| * Annual Percentage Rate (APR) subject to change. Rate may not apply to all borrowers, other rates and terms may be available. Access limitations will be placed on Shares used to secure this loan. |
