Rates & Fees

601 E. Court Ave., Des Moines, IA 50309
(p) 515.243.4400 • (f) 515.243.5006
(email) Info@VillageCU.org
 

Discounts on fixed-rate, closed-end loans
are available up to .50%
based on the following relationships:

  • Existing share draft account (open at least 30 days) = .25%
  • Existing credit card account (open at least 30 days) = .25%

 

 

APR=Annual Percentage Rate
APY=Annual Percentage Yield
Rates current as of 1/15/14.

SHARES
APR APY
Regular Shares .10% .10%
Vacation Shares .10% .10%
Kirby Kangaroo (kids 0-12) .10% .10%
CU Succeed (youth 13-17)
.10% .10%
Escrow Shares .10% .10%
IRA Shares .25% .25%
Holiday Shares Annual dividend (9/30/13) .10% .10%
Dividends calculated daily on balances of $200 or more with the exception of Kirby Kangaroo children’s account and Holiday Shares where dividends are calculated daily on balances of $50 or more.

 

MONEY MARKET
APR APY
Tier 1 $2,500 – $9,999 .20% .20%
Tier 2 $10,000 – $24,999 .30% .30%
Tier 3 $25,000 and over .40% .40%
Minimum deposit to open account $2500.00. Minimum to maintain account $0. Dividends calculated daily on balances of $2,500 or more. Dividends paid monthly. When reaching next highest Tier, all money in the account earns the higher dividend rate. Only three withdrawals permitted in a month, withdrawals over three will be charged a $10.00 excessive withdrawal fee. Minimum withdrawal $100.00.

 

REGULAR CERTIFICATES OF DEPOSIT
APR APY
$1,000-$4,999 6 months .20% .20%
$1,000-$4,999 12 months .35% .35%
$1,000-$4,999 24 months .50% .50%
$5,000+ 6 months .25% .25%
$5,000+ 12 months .40% .40%
$5,000+ 24 months .55% .55%

 

IRA CERTIFICATES OF DEPOSIT
APR APY
IRA ($500 min.) 12 months .40% .40%
24 months .55% .55%
Regular certificate minimum balance is $1,000. IRA certificate minimum balance is $500. *Rates subject to change.

 

ANNUAL PERCENTAGE RATES FOR VEHICLE LOANS
All titled Vehicles: Cars – Trucks – Vans – Motorcycles – Boats – RVs
Longer terms may be available for boats & RVs – contact us to discuss.
Apply for an auto loan securely online!
Max. Term APR (stated as low as)
2012 – 2014 model year (under 20,000 miles) 72 months 5.45%
2012 – 2014 model year (under 20,000 miles) 60 months 4.45%
2013 (over 20,000 miles) 48 months 5.45%
2010 – 2012 (under 50,000 miles) 60 months 5.45%
2010 – 2012 (over 50,000 miles) 48 months 6.45%
2007 – 2009 (under 50,000 miles) 60 months 6.45%
2008 – 2009 (over 50,000 miles) 48 months 6.45%
2005 – 2007 36 months 10.45%
1996 – 2004 36 months 13.45%
To receive the lowest rate, you must be an “AA” paper and receive a .25% off of your loan for having a Village Credit Union MasterCard and another .25% for having a Village Credit Union Share Draft Account. Not good on promotional offers. Other restrictions may apply. See credit union for full details.

 

MORTGAGE LOANS
A variety of loan options and terms are available, so please contact the credit union for current rates. Call us at (515) 243-4400 or email our mortgage department.

 

HOME EQUITY LOANS
Home Equity Line-of-credit variable rate up to 10 years As low as 3.25% (based on the Wall Street Journal Prime rate)

 

SIGNATURE LOANS ($3,000 min)
as low as 10.9% 24 month repayment
as low as 13.9% 36 month repayment
MASTERCARD & MASTERCARD GOLD
12.9% fixed rate, no annual fee

Other types of loans available, please contact us for further information.

*Rates are subject to change without notice. All rates are expressed as annual percentage rate (APR) unless otherwise noted. All loan financing is based upon credit qualifications. Rates are applicable to new money only. Not all borrowers will qualify for the same rate when a rate is listed “as low as”. Rates listed “as low as” are based on the borrower’s creditworthiness, which includes factors such as debt ratio and credit history, and include all Village Credit Union relationship discounts.

Relationship discounts on fixed-rate, closed-end loans are available up to .50% based on the following relationships:
Existing share draft account (open at least 30 days) = .25%
Existing credit card account (open at least 30 days) = .25%

Please see one of our lending professionals to determine your best rate.