CERTIFICATE SPECIAL OFFER
Earn Up To 5.41% APY*
Let your money work for you with our Certificates. Act now while rates are high.
Rates
View current rates on SDFCU deposit and loan products.
Checking
| Products | APY* |
|---|---|
| Advantage Checking** | 0.75% |
| Privilege Checking*** | 0.80% |
Rates effective February 1, 2024
*Annual Percentage Yield (APY). Dividends calculated daily and credited monthly. Rates subject to change.
**Advantage Checking. $2,000 Minimum checking account balance. Personal accounts only. Dividends calculated daily. Minimum $200 Direct Deposit monthly. Ten posted Debit Card transactions by close of business on last day of the month. Must be signed up for Online Banking and eStatements.
***Privilege Checking. $25,000 Minimum checking account balance. Personal accounts only. Dividends calculated daily. Minimum $200 Direct Deposit monthly. Must be signed up for Online Banking and eStatements.
Savings
| Products | APY* |
|---|---|
| Regular Savings | 0.05% |
| Custom Savings | 0.05% |
Rates effective February 1, 2024
*Annual Percentage Yield (APY). Dividends calculated daily and credited monthly. Rates subject to change.
Money Markets
| Products | APY* |
|---|---|
| Prime ($2,000 - $9,999.99) |
1.21% |
| Prime ($10,000 - $24,999.99) |
1.21% |
| Prime ($25,000 & Up) |
1.21% |
| Premiere ($25,000 - $49,999.99) |
1.26% |
| Premiere ($50,000 - $99,999.99) |
1.51% |
| Premiere ($100,000 - $249,999) |
2.02% |
| Premiere ($250,000 & Up) |
3.56% |
Rates effective February 1, 2024
*Annual Percentage Yield (APY). Rates subject to change. Dividends calculated daily and credited monthly. Prime account will not earn dividends if the balance falls below $2,000. Premiere Account will not earn dividends if the balance falls below $25,000.
| Products | APY* |
|---|---|
| IRA Share | 0.50% |
| Products | 12 Months APY* | 24 Months APY* | 30 Months APY* |
|---|---|---|---|
|
IRA Certificate** (Minimum Balances of $500) |
5.20% | 4.63% | N/A |
| Products | 36 Months APY* | 48 Months APY* | 60 Months APY* |
|---|---|---|---|
|
IRA Certificate** (Minimum Balances of $500) |
4.37% | 4.37% | 4.37% |
Rates effective February 1, 2024
* Annual Percentage Yield (APY). 12-month and longer Certificate dividends are compounded and credited quarterly, on the last day of the quarter and at maturity. For example, dividends for the first quarter, January 1 to March 31, will be paid on March 31. Penalties may apply for early withdrawals. Rates subject to change.
**In the case of early withdrawals of the principal amount or any portion thereof, a penalty will be imposed. SDFCU reserves the right to require 24 hours written notice of your intent to withdraw. Penalties are assessed at the time of withdrawal and are calculated as follows: Less than 12-month Certificates - You will forfeit the lesser of 30 days of dividends on the amount withdrawn or the amount of dividends earned since the date of issuance. 12-Month - 48-Month Certificates - You will forfeit the lesser of 180 days of dividends on the amount withdrawn or the amount of dividends earned since the date of issuance. 60-Month Certificates - You will forfeit the lesser of 360 days of dividends on the amount withdrawn or the amount of dividends earned since the date of issuance. No penalty will be imposed if the withdrawal is a result of voluntary or involuntary liquidation of the Credit Union or upon death of the member.
| Products | Up to 36 Months APR* | 37 to 48 Months APR* |
49 to 60 Months APR* |
61 to 72 Months APR* |
73 to 84 Months ($25,000) APR* |
|---|---|---|---|---|---|
| New Auto/Boat | 4.89% - 18.00% | 5.14% - 18.00% | 5.99% - 18.00% | 6.34% - 18.00% | 6.99% - 18.00% |
| Used Auto/Boat | N/A | 5.49% - 18.00% | 6.34% - 18.00% | 6.69% - 18.00% | 7.34% - 18.00% |
Rates effective February 1, 2024
*Annual Percentage Rate (APR) based on evaluation of applicant's credit. Your actual APR will be within the stated range and will be disclosed at the time of disbursement. Unless otherwise stated rates subject to change monthly. Classic/Antique vehicles are financed as personal loans at personal loan rates.
Credit Cards
| Products | APR* |
|---|---|
| Premium Cash Back+ Credit Card | 14.49% - 18.00% |
| Platinum Rewards Credit Card | 12.24% - 18.00% |
| Savings Secured Credit Card | 17.24% |
Rates effective February 1, 2024
Annual Percentage Rate (APR) based on evaluation of applicant's credit. Your actual APR will be within the stated range and will be disclosed at the time of disbursement. Unless otherwise stated rates subject to change monthly.
Personal Loans
| Products | APR* |
|---|---|
| Up to 24 Months | 8.24% - 13.49% |
| 25 to 60 Months | 9.24% - 14.49% |
| Moneyline Line-of-Credit | 11.75% - 16.75% |
| Share Secured Loan | 3.05% |
Rates effective February 1, 2024
*Annual Percentage Rate (APR) based on evaluation of applicant's credit. Your actual APR will be within the stated range and will be disclosed at the time of disbursement. Unless otherwise stated rates subject to change monthly.
Mortgages
| Products | 0 Point APR* | 1 Point APR* |
|---|---|---|
| Fixed Rate Conforming (Up to $766,550) |
||
| 30-Year | 6.500% | 6.000% |
| 20-Year | 6.375% | 5.875% |
| 15-Year | 6.000% | 5.500% |
| Fixed Rate Super Conforming** ($766,551 - $1,149,825) |
||
| 30-Year | 6.500% | 6.000% |
| 15-Year | 6.000% | 5.500% |
| Fixed Rate Jumbo (From $1,149,826 to $2,500,000) |
||
| 30-Year | 6.625% | 6.125% |
| 15-Year | 6.125% |
5.625% |
| Adjustable Rate Conforming (Up to $766,550) |
||
|
15/15 ARM |
6.250% |
5.750% |
| Adjustable Rate ** |
||
| 5/5 ARM (Conforming to $729,750) | 5.750% | 5.250% |
| Adjustable Rate Jumbo ($729,751 - $1,000,000) |
||
| 5/5 ARM | 5.875% |
5.375% |
Rates effective February 14, 2024
*Annual Percentage Rate (APR) based on evaluation of applicant's credit. Your actual APR will be within the stated range and will be disclosed at the time of disbursement
Unless otherwise stated rates subject to change monthly. Rates are posted before any price adjustments. Rates quoted are approx. points charged and based on an 80% LTV with a credit of 740 or higher. Rates are based on 1st Lien Purchase and Rate/Term Refinance transactions.
**Based on geographic location/product type. Due to various federal, state and local requirements, certain products may not be available in all areas.
The displayed Annual Percentage Rate (APR) for the loan products shown reflects the interest rate and approximate cost of prepaid finance charges, but does not include other closing costs or discount points.
The approximate cost of prepaid finance charges does not constitute and is not a substitute for the Good Faith Estimate of Closing Costs (GFE) that you will receive once you apply for a loan. This is not a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs.
Conventional Loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and Annual Percentage Rate (APR).
These mortgage rates are based on a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan’s interest rate will depend upon specific characteristics of your loan transaction and your credit profile up to the time of closing.
Mortgage interest rate shown is based on a ninety (90) day lock period. Under certain circumstances, a ninety (90) day rate lock may not be available.
General Disclosures: Adjustable Rate Mortgages (ARMs). The interest rate for the 3/1 ARM is in effect for the first 36 months, respectively. After 36 months the APR is subject to change. After the initial fixed rate-period, your interest rate can increase or decrease annually according to the market index. Any change may significantly impact your payment. Since the index in the future is unknown, the First Adjustment Payments displayed are based on the current index plus the margin (fully indexed rate) at time of disclosure. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Rates are valid up to 11:59pm EST.
Home Equity
| Products | 5 Year APR* | 7 Year APR* | 10 Year APR* | 15 Year APR* | 20 Year APR* |
|---|---|---|---|---|---|
|
Home Equity Single Advance (Owner Occupied)** |
6.55% - 7.30% | 6.80% - 7.55% |
7.55 - 8.30% |
7.80% - 8.55% |
7.80% - 8.55% |
|
Home Equity Single Advance (Investment Property)**** |
6.75% - 8.75% | 7.00% - 9.00% | 7.75% - 9.75% | 8.00% - 10.00% | N/A |
|
Home Equity (Owner Occupied)*** |
8.75% - 8.75% | 8.75% - 8.75% | 8.75% - 8.75% | N/A | N/A |
| Products | APR* |
|---|---|
|
Home Equity Line-of-Credit (HELOC)***** |
7.50% - 9.50% |
Rates effective February 5, 2024
*Annual Percentage Rate (APR) based on evaluation of applicant's credit. Your actual APR will be within the stated range and will be disclosed at the time of disbursement. Unless otherwise stated rates subject to change monthly. The minimum monthly payment will equal 1.0% of the principal balance outstanding or $100.00 whichever is greater.
**Owner Occupied up to 95% LTV with a maximum term of 20 years. $5,000 minimum loan amount, $500,000 maximum loan amount.
***Owner Occupied up to 125% LTV with a maximum term of 10 years. $5,000 minimum loan amount, $100,000 maximum loan amount.
****Investment Properties up to 70% LTV with a maximum term of 15 years, $5,000 minimum loan amount, $50,000 maximum loan amount.
*****Owner Occupied up to 95% LTV with a minimum loan amount of $5,000 and a maximum loan amount of $500,000.
How we set our rates
The SDFCU Rate Committee is comprised of a team of financial professionals that meets monthly to determine interest rates that provide good value to our members while assuring the Credit Union's safety and soundness. The Board of Directors reviews the Committee's recommendations with these same goals in mind.
When setting share rates we:
- Assess the current U.S. economy and the overall rate environment, as determined by the US Federal Reserve Bank.
- Protect our members' shares of ownership in SDFCU by ensuring the Credit Union provides exceptional value.
When determining loan rates, we follow the same steps illustrated above and also consider:
- The type, collateral, amount, and terms of the loan.
- Credit history and associated risk (a higher credit score can equal lower interest rate).