Rates and Fees

 Jump to:           Savings Rates             *Service Charges and Fees

 *applicable fees may reduce earnings on savings accounts


Loan Rates
Effective as of: January 1st, 2010
Loan rates are expressed as Annual Percentage Rate (APR).

Car, Trucks and Vans 2007 and Newer

 Up to 36 Months Financing  3.9%
 Up to 48 Months Financing  4.99%
 Up to 60 Months Financing  5.25%
 Up to 72 Months Financing  6.99%
 Up to 84 Months Financing - minimum $20 K (new money)  6.99% 

 Car, Trucks and Vans 2005 and 2006
 Up to 36 Months Financing  5.75%
 Up to 48 Months Financing  5.75%
 Up to 60 Months Financing  6.99%

Car, Trucks and Vans 2003 and 2004
 Up to 36 Months Financing  6.50%
 Up to 48 Months Financing  7.05%
 Up to 60 Months Financing  7.25%

Car, Trucks and Vans 2002 and Older
 Up to 48 Months Financing  9.25%

Motorcycles, Boats, Snowmobiles, Jet Skis, Campers 2006-2009

 Up to 48 Months Financing 8.25%
 Up to 60 Months Financing; Up to $10,000.00 8.50%
 Up to 84 Months Financing; $10,000.00 to $15,000.00 8.75%
 Up to 120 Months Financing; $15,000.00 to $20,000.00 9.00%
 Up to 144 Months Financing; $20,000.00 plus 9.25%
 

Collateral Older than 2006 - underwriting discretion
 Up to 48 Months Financing  9.15%

Personal/Signature Loans

 Up to 36 Months Financing  10.00%
 Up to 48 Months Financing  10.50%
 Up to 60 Months Financing  11.50%

Home Equity Line of Credit Loan
 First Position on Mortgage-Up to 80% of Equity of Appraised Value  3.25%
 Second Position on Mortgage-Up to 80% of Equity of Appraised Value  4.25%

First Mortgage Fixed Rate with Gabriels in First Lien Position
 30 YEAR  Call for Current Rate
 20 YEAR  Call for Current Rate
 15 YEAR  Call for Current Rate

Other Loans
 Revolving Line of Credit Loans  12.00%
 Overdraft Line of Credit Protection Loans  18.00%
 Share Secured Loans-24 Months or less  6.00%
 Share Secured Loans-36 Months of less  7.00%
 Visa Classic   (APR for Purchases)  13.90%
 Visa Platinum (APR for Purchases)    8.90%
 CD Secured Loans = Your current CD rates plus 4.00%  Varies

Loan rates are subject to change without notice. All rates are expressed as a BASE RATE. Your rate will be determined by your credit history, security offered and the term of the loan. A Financial Service Representative will let you know the rate that you qualify for, usually within 24 hours after reviewing your application documents. When a titled vehicle is use as security on a loan, proof of full coverage is to be supplied to the credit union by the member's insurance company.


Savings Rates
Effective as of March 25, 2009
Saving rates are expressed as Annual Percentage Yield (APY) and as Annual Percentage Rate (APR)

 Savings Program  APY  Interest Rate  Minimum Balance
 Primary Savings Account  .25%  .24%  $100.00
 Christmas Account  .25%  .24%  $100.00
 Wish/Vacation Account  .25%  .24%  $100.00
 Individual Retirement Account 1.50% 1.49%  $100.00
 Insured Money Market Account  APY  APR  Minimum Balance

 Insured Money Market Account Tier One
 Insured Money Market Account Tier Two
 Insured Money Market Account Tier Three

 0.40%
 0.50%
 0.85%

 0.40%
 0.50%
 0.85%

 $2,501 - $20,000
 $20,001 - 75,000
 $75,001 - Plus

 Certificate of Deposit and IRA Certificate of Deposit  APY  Interest Rate  Minimum Balance
Certificate of Deposit     9 Month Term  1.25%  1.24%  $500.00
Certificate of Deposit     1 Year Term  1.40%  1.39%  $500.00
Certificate of Deposit     15 Month Term  1.45%  1.44%  $500.00
Certificate of Deposit     2 Year Term   1.50%  1.49%  $500.00
Certificate of Deposit     3 Year Term   2.00%  1.98%  $500.00
 Certificate of Deposit    4 Year Term  2.25%  2.23%  $500.00
 Certificate of Deposit    5 Year Term  2.75%  2.71%  $500.00

APY is a percentage reflecting total amount of a dividend paid on an account, based on the rate and the frequency of compounding for a 365 day period. This yield assumes a set amount is on deposit at the beginning of the dividend period, no deposits or withdrawal are made and all funds remain on deposit for one full year at the same rate. Interest rates are subject to change without notice.


Service Charges and Fees
Effective February 1, 2009



 NSF  $27.00
 Draft Copies  $7.00 per check
 Statement Copies  $1.00 per month
 Courtesy Check (payee not the member)  $2.00
 Certified Check  $2.00
 Money Order  $2.00
 Money Order Copies  $7.00
 Stop Payment  $27.00
 Return Item of Deposit  $2700
 Wire Transfer-Domestic  $20.00
 Wire Transfer-International  $25.00
 Incoming Wire  $10.00
 Overdraft Transfer  $3.00
 Overdraft Line of Credit  $3.00
 Visa Statement  $1.00
 Visa Over-limit  $15.00
 Visa Cash Advance-Classic  $5.00
 Visa Cash Advance-Platinum  $10.00

 Visa Lost Card Replacement

 $7.00
 ATM/Debit Card Replacement  $7.00
 ATM/Debit Pin Reorder  $3.00
 Charge Back Fee  $30.00
 ATM Inquiry Fee  $1.00
 ACH NSF Fee  $27.00
 POS Debits  No Charge
 Overnight Mail  $20.00
 Garnishment Order/Court Order  $25.00
 Dormant Account  $2.00
 Negative Account  $3.00
 Early Account Closing- up to 6 months  $5.00
 IRA Transfer Fee  $20.00
 Third Party Payments  $5.00
 Single Service Fee-(Check Cashing)  $5.00
 Information Verification  $3.00
 Returned Mail Fee  $3.00
 Credit Report Request Fee  $7.00
 Service Center Fee  $3.00
 Subordination Agreements  $50.00
 Mortgage/HELOC payoffs  $25.00
 Fax Service-First Page  $2.00
 Fax Service-Additional Pages  $1.00 each
 Research/Reconciliation Fee  $20.00 per hour


                                                     Gabriels Credit Union strives to maintain low fees on all services
                                                     so that our members may enjoy all of the services and products
                                                     that we offer.

 

 

 

 

 

 

 

 


Gabriels Community Credit Union
1901 E. Michigan Avenue
Lansing, Michigan 48912
(517) 484-0601
Fax: (517) 484-1448
dand@gabrielscu.com