Rates
As of 11/22/2024
All rates and terms are subject to change without notice.
Savings Rates
All dividends are calculated by the average daily balance method and paid monthly. A penalty is imposed for early withdrawal.
| Account Type | Rate | APY* |
|---|---|---|
| Regular Share Accounts | 0.25% | 0.25% |
| Christmas & Vacation Club | 0.50% | 0.50% |
| Super Shares Account | ||
| $10,000.00 – $49,999.99 | 0.30% | 0.30% |
| $50,000.00 – $99,999.99 | 0.40% | 0.40% |
| $100,000.00 & above | 0.50% | 0.50% |
| Money Market Accounts | ||
| $10,000.00 – $24,999.99 | 0.45% | .45% |
| $25,000.00 – $49,999.99 | .75% | .75% |
| $50,000.00 & above | 1.64% | 1.65% |
| IRA Share | 1.00% | 1.00% |
IRA Term Share Certificates
| Terms | Account Balance | Dividend Rate | APY* |
|---|---|---|---|
| 12 Months | $500 Min. Deposit | 4.31% | 4.40% |
| 24 Months | $500 Min. Deposit | 3.69% | 3.75% |
| 36 Months | $500 Min. Deposit | 3.69% | 3.75% |
Term Share Accounts(C.D.’S)
| Terms | Account Balance | Dividend Rate | APY* |
|---|---|---|---|
| 6 Months | $500 Min. Deposit | 4.41% | 4.50% |
| 12 Months | $500 Min. Deposit | 4.31% | 4.40% |
| 18 Months | $500 Min. Deposit | 4.05% | 4.13% |
| 24 Months | $500 Min. Deposit | 3.69% | 3.75% |
| 36 Months | $500 Min. Deposit | 3.69% | 3.75% |
Kasasa Reward Accounts
| Account Type | Balance Range | Dividend Rate | APY* |
|---|---|---|---|
| KASASA REWARD CHECKING† | Up to $25,000.00 | 3.45% | 3.50% |
| KASASA REWARD CHECKING† | Above $25,000.00 | 0.25% | 0.25% |
| (blended APY: 3.50% – 0.90%) | |||
| KASASA REWARD SAVER† | Up to $50,000.00 | 2.47% | 2.50% |
| KASASA REWARD SAVER† | Above $50,000.00 | 2.23% | 2.25% |
| (blended APY: 2.50% – 2.33%) | |||
| KASASA REWARD CHECKING & SAVER (Non-Qualified Rate) | All Balances | 0.05% | 0.05% |
The APY*** assumes that funds remain on deposit at least one full year. A withdrawal will reduce earnings. We use the Average Daily Balance method to calculate dividends on your account.
1. Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Note: Not applicable for Certificate of Deposit (Term Share) Accounts.
2. Early Withdrawal Penalty for Certificates of Deposit Accounts: We may impose a penalty if you withdraw any of the principal before the maturity date, or the renewal date, if this is a renewable account.
3. Rate Information: The Dividend Rate and APY* on your accounts are set forth above. The APY* is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. Withdrawal of dividends or early withdrawal of principal will reduce the APY*. The Dividend Rate and APY* may change at any time.
*APY = Annual Percentage Yield
*The exact rate and term will depend on your credit score, the value of your collateral, the amount you finance, and other factors. Rates and terms may change without notice, and additional restrictions could apply.
As of 11/01/2024
All rates and terms are subject to change without notice.
Loan Rates
All dividends are calculated by the average daily balance method and paid monthly. A penalty is imposed for early withdrawal.
| Loan Type | APR* |
|---|---|
| Secured Loans (Vehicles, Boats, Motorcycles, RVs*) | |
| 0 – 48 Months | 5.75% – 17.25% |
| 49 – 75 Months | 7.25% – 17.25% |
| 61- 75 Months | 7.50% – 17.25% |
| 76 – 84 Months | 9.25% – 13.50% |
| *85 – 120 Months – New & Used RVs Only | 10.50% – 13.25% |
| Line of Credit | 11.49% – 17.25% |
| Unsecured Loans (Signature) | |
| Up to 60 Months | 11.49% – 17.25% |
| Line of Credit | 10.49% – 17.99% |
| Share Certificate Secured Loans | |
| Up to 36 Months | Share Certificate Rate +2.00% |
| Share Secured Loans | |
| 0 – 48 Months | 6.00% |
Mortgage Loan
Rates
| Loan Type | Term | Interest Rate (as low as) | APR* (as low as) |
|---|---|---|---|
| Home Purchase/Refinance/Cash Out–Homestead | 30 year fixed | 7.10% | 7.251% |
| Home Purchase/Refinance/Cash Out–Homestead | 20 year fixed | 7.10% | 7.296% |
| Home Purchase/Refinance/Cash Out–Homestead | 15 year fixed | 6.85% | 7.093% |
| 2nd or Vacation Home Purchase/Refinance | 20 year fixed | 7.875% | 8.077% |
| 2nd or Vacation Home Purchase/Refinance | 15 year fixed | 7.625% | 7.872% |
| Purchase/Refinance/Cash Out Investment Loan | 15 year fixed | 8.625% | 8.872% |
| Purchase/Refinance Land/Lot Loan | 15 year fixed | 8.625% | 8.872% |
| Purchase/Refinance/Cash Out Jumbo Loan ($1,000,000 to $1,599,999.99) | 30 year fixed | 7.875% | 8.077% |
| Purchase/Refinance/Cash Out Super Jumbo Loan ($1,600,000.00+) | 30 year fixed | 8.875% | 8.976% |
Intro and Fixed APRs* listed are the Credit Union’s standard rates. Rates may vary depending on each borrower’s credit history and underwriting factors.
The Purchase, Refinance and Texas Cash Out (Non-Jumbo) Interest Rates above are based on $250,000 Loan Amount and, LTV < 80%, credit score > 700+ and include a 1% origination fee with maximum amount of $2,000. Purchase/Refinance/Cash-Out Jumbo loan Interest Rate above is based on $1,000,000 Loan Amount, LTV<80%, credit score 700+ and Origination Fee of $1% of loan amount with maximum $2,000. Purchase/Refinance/Cash Out Super Jumbo loan Interest Rate above is based on $1,600,000 Loan Amount, LTV<80%, credit score 700+ and Origination Fee of $1% of loan amount with maximum $2,000
***Gulf Coast FCU may charge an increase rate for exception to a higher LTV/Lower Down Payment. (Not Applicable for Super Jumbo and Cash Out loans)
REAL ESTATE LOANS
Information displayed is accurate as of the date of the latest update and is subject to change without notice. Interest Rate can only be locked with a full loan application and purchase contract (if it’s a purchase). Please contact the Mortgage Department for more pricing details. Other restrictions may apply.
Gulf Coast FCU will NOT subordinate our lien(s).
* APR = Annual Percentage Rate
Interest Rate depends on % of down payment/equity & credit scores.
Interest Rates subject to change.
Origination Fee = 1.0% of loan amount with maximum of $2,000 (it may vary on Non-Jumbo loans)
**Annual percentage rate may vary