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BUFFALO METROPOLITAN FEDERAL CREDIT UNION'S RATES

RATES SUBJECT TO CHANGE WITHOUT NOTICE

Share Account Dividend Rates
PRODUCT
TERM
DIVIDEND RATE
Share Account (Dividends paid quarterly on accounts with an average daily balance of $1,000.00 or more)

Rate as of 9/27/12
  0.25%
(APY 0.25%)
Youth and Teen Accounts
(Dividends paid quarterly on accounts with an average daily balance of $500.00 or more)

Rate as of 9/27/12
  0.25%
(APY 0.25%)
Individual Retirement Accounts (IRAs)
Rate as of 9/27/12
  1.00%
(APY 1.00%)
Share Certificates
Minimum deposit of $500.00
Annual Percentage Yield effective Rate as of 9/27/12

If funds are withdrawn from any Share Certificate account prior to maturity of the current term of the account, a substantial penalty will be imposed.
Three Month

Six Month

Twelve Month (One Year)

Eighteen Month

Twenty-Four Month (Two Year)

Thirty-Six Month (Three Year)

Forty-Eight Month (Four Year)

Sixty Month (Five Year)
.30%   APY .30%
 
.30%   APY .30%
 
.35%   APY .35%
 
.38%   APY .38%
 
.50%   APY .50%
 
.65%   APY .64%
 
.90%   APY .89%
 
1.00%   APY .98%
Money Market Accounts (MMAs)
Dividends are paid quarterly, compounded daily, on accounts with an average daily balance of $2,500.00 or more. Rates as of 9/27/12.
$2,500-$9,999.99
$10,000-$24,999.99
$25,000-$999,999.99
.30%  APY .30%
.50%  APY .50%
.65%  APY .65%
Other dividend rates available based on balance.
*APY=Annual Percentage Yield
SHARE DRAFT ACCOUNTS-No Monthly Maintenance Fee First 150 Checks FREE FREE Online Bill Payer
Federally insured by NCUA
APY=Annual Percentage Yield

"APY" or "Annual Percentage Yield" means a percentage rate reflecting the total amount of dividends expected to be earned in a year on an account, based on the dividend rate and the frequency of compounding accrued dividends.

Fees can reduce the earnings on the account (a fee schedule is available at the Credit Union, upon your request).


Loan Rates Effective 10/25/2012

LOAN PRODUCT
TERM
*RATES AS LOW AS APR
Auto Loan
Auto purchased at Enterprise Car Sales only - 6755 Transit Rd. *2.00%
Auto purchased at other dealership or refinanced from another lender *2.50%
Boat, Jet Ski & RV *2.50%
Personal Loan *10.00%
Shared Secured Loan 7.00%
Overdraft Protection No application fee
No annual fee
*10.00%
Vacation Loan *6.00%
Holiday Revolving Cash
Applications and advances accepted Oct. 15 - Jan. 31
Up to 12 months
No application fee
No annual fee
8.00%
Line of Credit Loan No application fee
No annual fee
*10.00%
VISA Platinum
NO APPLICATION FEE
NO ANNUAL FEE
NO TRANSFER FEE
NO CASH ADVANCE FEE
Minimum payment is 2.5% of outstanding balance or $10.00 whichever is greater 7.50%-18.00%
Home Equity Line Of Credit
Application fee $175.00 & closing fee $175.00
If you close this plan within 36 months of the initial advance you will be required to reimburse the Credit Union for any closing costs paid on your behalf (attorney fee, appraisal fee, filing fee, title update and flood certificate); this could range from $600.00-$1,200.00.
Up to 180 Months *5.00%
Variable Rate
Mortgage Loan
Fixed Rate (rate changes daily)
Click here for current rates;
please look at conventional rates
*Your credit history will determine the interest rate and term of loan
APR=Annual Percentage Rate
All loan payments will be calculated on balance of loan at last advance.
The minimum monthly payment on all loans excluding VISA will be $25.00
A $20.00 late fee will be assessed on all loans when the loan payment is thirty-one (31) or more days delinquent.