Interest Rates

Savings Rates - as of 4/1/17

Certificate Rates - as of 4/01/17


Rates are subject to change without notice.
Important Notes: Fees could reduce the earnings on accounts. For a listing of current fees imposed by the Credit Union
 click here. On variable rate accounts the rate may change after the account is opened. Variable rates are accurate as of the date shown immediately above the respective rate table or are prospective dividend rates for the current dividend period. Fixed rates are accurate as of the date shown immediately above the respective rate table. A penalty may be charged for early withdrawal from Certificates. Contact a Service Representative for further information about applicable fees and terms. For current information, please call 1-800-216-2328.

*There is no minimum balance to open a checking account.

** Minimum average daily balance.

***A penalty may be charged for early withdrawal from Share Certificates.

**** One time option during the term to change the dividend rate to the then current rate of the 24 Month or 36 Month Regular Certificate as applicable.

***** $500.00 for Coverdell Education Savings Account Certificates.

Credit Card Rates - as of 1/14/17

Consumer Loan Rates - as of 4/1/17

* Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. The ANNUAL PERCENTAGE RATE (APR) you receive is based on your credit worthiness. Please ask a representative for the rate you qualify for. The signature loan (personal loan), vehicle, boat and RV fixed rate loans include a .50% reduction for Direct Deposit and participation in the preferred payment program. Contact a Credit Union Personal Service Representative for further information, applicable fees and terms at (516) 742-4900 or 1-800-216-2328 and select option 3. Loan applications from existing members can be accepted via telephone or fax. Nassau Financial's fax number is (516) 742-4450.
** The Wall Street Journal Prime Rate on the last business day of the month with a cap of 17.9%.
*** The Wall Street Journal Prime Rate on the last business day of the month with a cap of 18%.
**** The Annual Percentage Rate (APR) is 3.00% above the variable dividend rate on regular shares. Not responsible for errors and omissions
.

Home Equity Loan Rates - as of 2/1/17


 

*APR = Annual Percentage Rate. 1) A Nassau Financial checking account with direct deposit is required to get the stated introductory rate of 1.99% APR, fixed for the first 12 months, then variable as low as Prime Rate thereafter. Introductory rate is 2.25% APR for the first 12 months, then variable as low as Prime Rate thereafter, without a Nassau Financial checking account with direct deposit. Introductory rate available on new loans only, subject to credit approval. Terms and conditions are subject to change without notice. Primary residences in New York State only. Stated rates are the lowest offered based on creditworthiness and may require automatic payments from a Nassau Financial checking account. Applicants not approved at these rates or terms may be offered credit at higher rates and/or different terms; not all applicants may be approved. 2) No closing cost option requires $40,000 advanced at closing and line must remain open for three years. Consult a tax advisor for tax deductibility. 

1The Wall Street Journal Prime Rate posted on the last business day of the month with a cap of 18%. Minimum Home Equity Line of Credit (HELOC) is $5,000; maximum is $500,000.

** Rates are for 1st lien position. add 0.25% for second lien position. Terms and conditions are subject to change without notice. Primary residences in New York State only. Stated rates are the lowest offered based on creditworthiness and may require automatic payments from a Nassau Financial checking account. Applicants not approved at these rates or terms may be offered credit at higher rates and/or different terms; not all applicants may be approved.

Consult your tax advisor for information on the deductibility of interest on real estate loans. Nassau Financial is an equal opportunity lender and equal housing lender. Contact a Credit Union Senior Personal Service Representative for further information, applicable fees and terms at (516) 742-4900, Ext. 1999 or 1-800-216-2328, Ext. 1999.

First Mortgage Loan Rates* - as of 4/14/17


* First Mortgage rates, APRs and points are subject to change without notice. Maximum loan amount is $417,000. Loans above that amount are considered jumbo loans and are available at higher rates. Loans are for owner occupied primary residences in New York State only. Co-ops are not eligible. Rates shown are the lowest rates possible. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Final rate depends upon several factors, including but not limited to, your credit history and the loan to value ratio. This is not a commitment to make a loan, nor is it a guarantee that you will receive these rates or points if you are approved for the loan. Rates and points can be locked only after your completed loan application is received. Contact a Credit Union Senior Personal Service Representative for further information, applicable fees and terms at (516) 742-4900, Ext. 1999 or 1-800-216-2328, Ext. 1999.