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Michigan One Community Credit Union Current Rates

Qualify for Super
Saver Discount
By using a M1 Net Check Direct Deposit
of at least $800/month, or
Automatic Loan Payment w/ e.Statements, or
Automatic Loan Payment w/ Debit Card on Checking, or
Automatic Loan Payment with M1 Credit Card.
Effective 07/23/11


 

Refinance Your Vehicle! Ask About Our
90 Day
 1st Payment Delay

Is your vehicle or RV financed elsewhere?

Refinance with M1CCU

*Up to 99 Months


1.99%*
*Rate based on enrollment in Auto-Pay
*Minimum payment $199

Add only $90.00!
*Restrictions apply
*Refinance loan for payoff balance only. 99 Month Term..
Existing M1CCU loans are not eligible.
*Restrictions apply.
 

Vehicle Rates

Vehicles & Type A RV's
Effective Date: 10/20/17
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 ½ % on New Cars,Vans, & Trucks up to 75 months.
TermRegular Rate*Super Saver Discount Rate**Easy Pay Rate
Up to 66 months 7.99% 2.99% (2.49% on New Cars, Vans, & Trucks) 4.99%
75 months 8.24% 3.99% 5.99%
84 months 8.49% 5.24% 6.49%
120 months 8.49 %(no balloon) 5.24 %(no balloon) 7.49%(no ballon)
120 months 6.99 %(5 year balloon) 4.74%(5 year balloon) 5.74%(5 year balloon)
180 months 8.99 %(no balloon) 5.74 %(no balloon) 7.99%(no balloon)
180 months 7.99 %(5 year balloon) 5.24 %(5 year balloon) 6.74%(5 year balloon)
All Model years
* See above for Super Saver Discount Rate Qualifications
**See above for Easy Pay Rate Qualifications

Type B RV's
Effective Date: 10/20/17
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.)
TermRegular Rate*Super Saver Discount Rate**Easy Pay Rate
Up to 60 months 8.49% 5.24% 7.24%
72 months 9.49% 6.24% 8.24%
All Model years
* See above for Super Saver Discount Rate Qulifications
**See above for Easy Pay Rate Qualifications

Other Loans

Other Loans
Effective Date: 10/20/17
NameRegular 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% 13.00%
VISA 12.90% 12.90%

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Share Secured

Share Secured
Effective Date: 10/20/17
TermRegular 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
TermRate
180 Months, 5 year balloon 5.49%
180 months, 7 year balloon 6.49%
Quotes for other rates & terms available. Please contact an M1 Loan Officer.

2-Step Construction Loans
Effective Date: 02/11/11
25% down purchase money, 25% equity on refinance
Built By:Rate
Owner Built 6.99%
Contractor Built 5.49%
Quotes for other rates & terms available. Please contact an M1 Loan Officer.

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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: 1.915%*
*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! (Terms up to 15 years!)

Best Rate: 3.74%*
*restrictions apply*

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Savings

All Shares
Effective Date: 11/28/17
Interest Rate TiersDividend Rate (as APR)Annual Percentage YieldMinimum Opening BalanceMin. Balance to Earn DividendMinimum Balance to Avoid Fee
$100 - $9,999 0.10% 0.10% $5.00 $100.00 $0.00
$10,000 & over 0.25% 0.25% $5.00 $100.00 $0.00

IRA Savings
Effective Date: 11/28/17
Interest Rate TiersDividend Rate (as APR)Annual Percentage YieldMinimum Opening BalanceMin. Balance to Earn DividendMinimum Balance to Avoid Fee
$100 - $24,999 0.40% 0.40% $5.00 $100.00 $0.00
$25,000 & over 0.50% 0.50% $5.00 $100.00 $0.00

Certificate of Deposit and IRA Certificate of Deposit

Special Certificate of Deposit
Effective Date: 11/28/17
Minimum Balance $10,000
Length of MaturityMinimum Opening BalanceDividend Rate (as APR)Annual Percentage Yield
12 months $10,000.00 1.20% 1.21%
18 months $10,000.00 1.80% 1.81%
30 months $10,000.00 2.00% 2.02%

Certificate of Deposit and IRA Certificate of Deposit
Effective Date: 11/28/17
Length of MaturityMinimum Opening BalanceDividend Rate (as APR)Annual Percentage Yield
6 months $500.00 0.10% 0.10%
12 months $500.00 0.70% 0.70%
18 months $500.00 0.80% 0.80%
24 months $500.00 1.10% 1.10%
30 months $500.00 1.20% 1.21%
36 months $500.00 1.60% 1.61%
48 months $500.00 1.70% 1.71%
60 months $500.00 2.20% 2.22%

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.

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*All Rates Quoted as APR (Annual Percentage Rate)*

Equal Housing Lender National Credit Union Administration