Rates
| Share & Deposit Rates | |||
| Effective Date: 04/01/10-06/30/10 | |||
| Account Type | Average Daily Balance | Dividend Rate | APY |
Regular Share Account |
No dividend will be paid if your Average Daily Balance (ADB) is less than $50.00 | ||
| $50.00 to $1,999.99 | .50% | .51% | |
| $2,000.00 to $9,999.99 | .75 % | .76% | |
| $10,000.00 to $19,999.99 | 1.00% | 1.01% | |
| $20,000.00 and more | 1.25% | 1.27% | |
IDA Share Accounts |
Entire Balance | 1.00% | 1.01% |
IPA Share Accounts (PRENEED) IRA Share Accounts |
$2,000.00 or less | .75% | .76% |
| $2,000.00 or $19,999.99 or more | 1.25% | 1.26% | |
IRA Share Accounts |
$2,000.00 or less | .75% | .76% |
| $2,000.00 or $19,999.99 or more | 1.75% | 1.76% | |
| $20,000.00 or more | 2.00% | 2.01% | |
Cleveland Saves Certificates "S" 1 Yr. |
$10.00 - 1,000.00 | 1.00% | 1.01% |
| Penalty of 90 days interest for early withdrawal. Certificate will not rollover. No rights of membership. No joining fee. | |||
YOUR DEPOSITS ARE INSURED TO $250,000 PER ACCOUNT BY AMERICAN SHARE INSURANCE
Anticipated dividends subject to change without notice.
APY = Annual Percentage Yield
This institution is not federally insured. Members' accounts are not insured or guaranteed by any government or government-sponsored agency.
| Secured Managed Risk Loans | ||||||
| Effective Date: 04/01/10 | ||||||
New & Used Automobiles, Boats and RV's. | ||||||
| Score | 36 Month | 48 Month | 60 Month | 72 Month* | 84 Month** | Max LTV |
| VP | 4.125% APR | 4.25% APR | 4.50% APR | 4.75% APR | 5.00% APR | 120% APR |
| A | 5.125% APR | 5.25% APR | 5.50% APR | 5.75% APR | 6.00% APR | 110% APR |
| B | 6.125% APR | 6.25% APR | 6.50% APR | 6.75% APR | 7.00% APR | 110% APR |
| C | 8.625% APR | 8.75% APR | 9.00% APR | 9.25% APR | 9.50% APR | 100% APR |
| D | 10.125% APR | 10.25% APR | 10.50% APR | 10.75% APR | 11.00% APR | 80% APR |
| E | 14.125% APR | 14.25% APR | 14.50% APR | 14.75% APR | 15.00% APR | 75% APR |
| APR = Annual Percentage Rate | ||||||
| Unsecured Managed Risk Loans | |
| Effective Date: 04/01/10 | |
Signature Loan, Bill Consolidations, Computer, Home Improvement, UCC Filings (No title) | |
| Score | Maximum Amount |
| VP | $10,000 |
| A | $5,000 |
| B | $3,000 |
| C | $2,000 |
| D | $500 |
| E | $250 |
| Signature - 16.50% | |
| Signature Enhanced Loans - Starting at 17% | |
| Grace Loans (Repaid within 1 month) - 17% | |
| Amazing Grace Line of Credit (Repaid in full monthly) - 17% | |
All loans will receive a 0.25% discount with an automatic payment (periodic payment, ACH payment or payroll payment.)
Bold rate is base rate.
20% of requested loan amount must be in shares as pledge towards loan amount.
*Loans must exceed $20,000 for 72 month financing.
**Loans must exceed $25,000 for 84 month financing.
Prime rate: 5.25%
