*APY ~ Annual Percentage Yield. Rates effective as of 09-01-10. The available rate advertised is subject to change. The minimum initial deposit for Certificates of Deposit is $2,500. The minimum initial deposit for IRA accounts is $500. Penalties for early withdrawal may apply and will reduce the earnings of the account.
Current Dividends
Maturity
Dividend Rate
APY*
Checking
0.25%
0.25%
Savings
0.75%
0.75%
Club Account
0.75%
0.75%
*APY ~ Annual Percentage Yield Rates effective as of 01-01-10.
Checking Accounts: The Board of Directors declares the dividend rate each month. Therefore, the rate may change after the member opens the account. The available dividend rate advertised is subject to change. Fees could reduce the earnings of the account.
Savings Accounts: The Board of Directors declares the dividend rate on Savings Accounts each month. Therefore, the rate may change after the member opens the account. The available dividend rate advertised is subject to change. Savings Accounts have a minimum initial deposit of $20.00. Fees could reduce the earnings of the account.
Programs, rates, terms and conditions are subject to change without notice. With a variable mortgage the rate will adjust annually and may change after the member opens the account. A variable mortgage has up to 95% Loan To Value financing available. Primary Mortgage Insurance required for loans above 80% Loan To Value. With a Variable Home Equity Line of Credit, the rate will adjust annually and may change after the member opens the account. The maximum rate that can be applied to the Home Equity Loan is 12%. The minimum APR that can be applied after the first year of the loan is 3.75%. Rates effective as of 09-01-2010. *APR ~ Annual Percentage Rate.
The above suggested rates are only some of our available automobile rates. Programs, rates, terms and conditions are subject to change without notice. Please contact our Loan Department at extension 41(Martinsville) or 42(Collinsville) or 43(Rocky Mount) by dialing 276.632.1679 or 540.483.0018 or 800.475.6328 for a complete listing of all automobile rates available to our members. Rates effective as of 06-01-2010. **LTV ~ Loan To Value. *APR ~ Annual Percentage Rate.
