Rates
San Juan Mountains Credit Union's method for determining loan rates is based on Risk Base Lending. The actual rate charged will be determined using this method at the time a loan application is completed. Please use these rates only as a guide when you are estimating loan payments. Call 970-249-5319 or 1-800-301-5129 for the most current rates.
Loans
| New Auto/Used Auto | ||||
| Year | Term | Max 110%* A credit tier |
Max 100%* B credit tier |
Max 80%* C & D credit tier |
| 2011-2001 | 66 Months | 4.75% APR | 6.00% APR | 9.75/13.00% APR |
| 2011.-2001 | 72 Months | 5.25% APR | 6.50% APR | 10.25-13.25% APR |
| Used Auto | ||||
| Year | Term | Max 110%** A credit tier |
Max 100%** B credit tier |
Max 80%** C & D credit tier |
| 2000 and Older | 66 Months | 5.25% APR | 6.50% APR | 10.25-13.50% APR |
| *Max calls include Tax, Title, License, D&H, and all Canelable Back-End Product - will over allow for GAP only. | ||||
| Motorcycles, ATVs, Snowmobiles, Personal Watercraft | ||||
| Year | Term | Max 110%** A credit tier |
Max 100%** B credit tier |
Max 80%** C & D credit tier |
| Titled - 2011 - 2004 | 66 Months | 5.80% APR | 7.05% APR | 12.75 / 15.00% APR |
| Titled - 2011 - 2004 | 72 Months | 6.30% APR | 7.55% APR | 13.25 / 15.50% APR |
| Untitled - 2011 - 2004 | 48 Months | 6.80% APR | 8.05% APR | 13.75 / 16.00% APR |
| *Max calls include Tax, Title, License, D&H, and all Canelable Back-End Product - will over allow for GAP only. | ||||
| New RVs | ||||
| Term | Max 80%** A credit tier |
Max 75%** B credit tier |
Max 75%** C & D credit tier |
|
| 5yr Balloon | 15 Year | 8.00% APR | 8.75% APR | 10.75 / 13.75% APR |
| Used RVs | ||||
| Term | Max 80%** A credit tier |
Max 75%** B credit tier |
Max 75%** C & D credit tier |
|
| 5 yr Balloon | 15 Year | 8.50% APR | 9.25% APR | 11.25 / 14.25% APR |
Savings
| Share Accounts | |||
| Type of Account | Dividend Rate | APY* | Min. Deposit |
| Regular Share Accounts | 0.05% | 0.05% | $25.00 |
| Regular High Yield | 0.07% | 0.07% | $500.00 |
| Gold High Yield | 0.07% | 0.07% | $5,000.00 |
| Gold High Yield | 0.07% | 0.07% | $25,000.00 |
| Christmas Club Account | 0.40% | 0.41% | $25.00 |
| Kids Kangaroo Klub* | 0.30% | 0.31% | $10.00 |
| IRA Savings | 0.05% | 0.05% | $500.00 |
| *Kids Klub Share Maximum $1000.00 in Kids Kangaroo Klub Account and then the Interest Rate reverts back to the current #1 Share Account. | |||
Certificates | Certificates/IRA | ||||
| Term | Min. $500 | Min. $50,000 | Min. $100,000 | |
| Month | Rate / APY* | Rate / APY* | Rate / APY* | |
| 6 Month | 0.20/ 0.21 | 0.25 / 0.26 | 0.30/ 0.31 | |
| 12 Month | 0.25 / 0.26 | 0.30/ 0.31 | 0.35 / 0.36 | |
| 18 Month | 0.30 / 0.31 | 0.35 / 0.36 | 0.40 / 0.41 | |
| 24 Month | 0.45 / 0.46 | 0.50 / 0.51 | 0.55 /0.56 | |
| 36 Month | 0.65 / 0.66 | 0.70 / 0.71 | 0.75 / 0.76 | |
| 48 Month | 0.70 / 0.71 | 0.75 / 0.76 | 0.80 / 0.81 | |
| 60 Month | 0.75 / 0.76 | 0.80 / 0.81 | 0.85 / 0.86 | |
Dividends are compounded monthly and are paid monthly. Dividend rates are fixed for the term of the account. Dividends period begin the first calendar date of the quarter and ends on the last calendar date of the quarter. Annual Percentage Yield assumes dividends will remain on deposit until maturity. There is a substantial penalty for early withdrawal of certificates. Early withdrawal will reduce earnings. Additional deposits to certificate account will not be accepted. Dividends are not paid after maturity. Certificate accounts will not automatically renew, but will transferred to member's #1 share account at maturity unless member requests renewal at current rate. Early withdrawal penalty may reduce principal deposit. The annual percentage yield is a percentage rate that reflects the total amount of the dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding on an annual period. San Juan Mountains Credit Union may offer other rates for these accounts from time to time.
