At Lexington MA Federal Credit Union, we strive to offer competitive rates on loans and savings products. If you’re unsure how much you can afford to borrow, our Loan Calculator can help you plan.

Rates are effective as of January 19, 2011 All rates are subject to change without notice.

Checking, Savings and Certificates

Account Type Minimum Opening Balance Minimum Dividend Balance Dividend Rate/ APY*
Share Draft Checking $5 n/a n/a
Regular Share Savings $25 $100 Please contact us for current rate.
12-month Certificate Account $1000 $1000 0.70%

6-month Certificate Account

 

 

 n/a n/a

n/a

 

* APY is Annual Percentage Yield. All share accont dividends are earned on the average daily balance (unless otherwise noted) and are posted and compounded monthly. All share account rates are Variable Rates (unless otherwise noted). **Dividends on Certificates is paid on the actual balance at maturity. A penalty will be imposed for early withdrawal of funds from Certificate's. See our Truth-In-Savings disclosure concerning dividend calculation methods and restrictions. Rates are subject to change. Not responsible for typographical errors or omissions.

Loan Rates

Loan Type Type & Terms Annual Percentage Rate
Share Secured Loan Rate fluctuates with dividend rate. Maximum loan amount depends on Savings balance. 3.5% above declared dividend
Personal Loan

Borrow a maximum of $10,000 for up to 48 months.

11.5% for 12 to 24 months
12.5% for 36 to 48 months
New/Recent Vehicle Loan (for model years 2009 - 2011) Borrow up to 100% of the value of the vehicle; maximum term of 72 months.

2.9% for 24 to 60 months

3.9 for 72 months

 


 

Used Vehicle Loan (for model years 2004 -2008) Borrow up to 90% of the value of the vehicle; maximum term of 60 months. 4.9% for 24 to 36 months
5.49% for 48 to 60 months
Used Vehicle Loan (for model years 2003 and older) Borrow up to 90% of the value of the vehicle; maximum term of 36 months. 5.99%

 

New Boat Borrow up to $40,000; maximum term 60 months. 4.5%
Used Boat Maximum term 60 months. 4.9%

Optional Credit Life and Credit Disability Insurance are available at additional cost; credit insurances are not required for borrowing. Rates are subject to change. Not responsible for typographical errors or omissions.

Visa Credit Card - Interest Rates and Interest Charges

Annual Percentage Rate 11.9% Fixed
How to Avoid Paying Interest on Purchases 25-day grace period before interest begins accumulating on your Visa purchases
For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Federal Reserve Board at http://www.federalreserve.gov/creditcard/

Visa Credit Card - Fees

Annual Fee None

 

Mortgage Rates

Mortgage Rates quoted are based upon a $100,000 loan on the purchase of a single family property with a 20% down payment” or similar.