Savings Rates - as of 2/20/19
| Type of Account | Variable Dividend Rate | APY* | Minimum Balance to Earn APY |
|---|---|---|---|
| Regular & Youth Shares | 0.20% | 0.20% | $5 Adults /$5 Youth |
| Youth Savers Pro/Age 0 thru 11 | 2.96% | 3.00% up to Balance Cap of $2,000.00 | $5.00 |
| Youth Savers Pro/ Age 12 thru 22 | 2.96% | 3.00% up to Balance Cap of $2,000.00 | $5.00 Rate requires Checking Acct |
| IRA | 0.30% | 0.30% | None |
| Saver's Edge | 0.20% | 0.20% | None |
| Saver's Edge | 0.30% | 0.30% | $5,000.00 |
| Saver's Edge | 0.60% | 0.60% | $25,000.00 |
| Saver's Edge | 0.75% | 0.75% | $50,000.00 |
| Saver's Edge | 0.75% | 0.75% | $75,000.00 |
| SmartSaver IRA | 0.30% | 0.30% | None |
| SmartSaver IRA | 0.65% | 0.65% | $5,000.00 |
| SmartSaver IRA | 0.70% | 0.70% | $25,000.00 |
| SmartSaver IRA | 0.85% | 0.85% | $50,000.00 |
| SmartSaver IRA | 0.85% | 0.85% | $75,000.00 |
| Club Accounts | 0.20% | 0.20% | None |
| Kasasa Cash Checking | 1.98% | 2.00% up to balance cap of $10,000 | Qualification: 12 Debit Card Transactions; E-Statements; Direct Deposits or ACH |
| Kasasa Cash Back Checking | 2.96% | 3.00% Cash Back up to $7.50 per month | Qualification: 12 Debit Card Transactions; E-Statements; Direct Deposits or ACH |
| Kasasa Savers - Requires Kasasa Cash or Cash Back checking | 1.00% | 1.00% up to balance cap of $50,000 | Attached to Kasasa Cash or Kasasa Cash Back Checking |
APY= Annual Percentage Yield. Rates are subject to change without notice. Important Notes: Fees could reduce the earnings on accounts. View a listing of current fees imposed by the Credit Union. There is no minimum balance to open a checking account. 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.
Certificate Rates - as of 12/5/19
| Rate | APY | Rate | APY | |
|---|---|---|---|---|
| 6 Months | 0.995% | 1.00% | 0.996% | 1.000% |
| 12 Months | 1.489% | 1.500% | 1.242% | 1.250% |
| 18 Months | 1.637% | 1.650% | 1.390% | 1.400% |
| 24 Months | 1.833% | 1.850% | 1.587% | 1.600% |
| 24 Month Bump-Up (Regular only)(sup)3(/sup) | 1.587% | 1.600% | 1.341% | 1.350% |
| 36 Months | 2.029% | 2.050% | 1.784% | 1.800% |
| 36 Month Bump-Up(sup)3(/sup) | 1.784% | 1.800% | 1.538% | 1.550% |
| 48 Months | 2.078% | 2.100% | 1.833% | 1.850% |
| 60 Months | 2.225% | 2.250% | 1.980% | 2.000% |
APY= Annual Percentage Yield. Rates are subject to change without notice. Important Notes: Fees could reduce the earnings on accounts. View a listing of current fees imposed by the Credit Union. 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. 1) Relationship Certificate Rate requires a Share Account, a Certificate Account, a Checking Account with monthly Direct Deposit of $250 or more, plus either a Saver's Edge Account or a Loan Balance of $5,000 or more, in order to earn the Relationship Rate. IRA Certificate Accounts qualify for the Relationship Rate. $500.00 minimum opening balance for Coverdell Education Savings Account Certificates.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 516.742.4900.
3 One time Bump-up 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. Request must be made in writing prior to maturity date.
4 Fixed $1,000 min***** Compounded Daily, Offer available 10/22/2018 through 12/21/2018.
Credit Card Rates - as of 12/1/19
| Type of Account | Variable APR* | Monthly Payment |
|---|---|---|
| Visa Platinum | as low as 12.400% | 3% of balance, $15 min. |
| Visa Platinum | 11.400% with Direct Deposit or AutoPay | 3% of balance, $15 min. |
| Visa Platinum Plus | as low as 13.400% | 3% of balance, $15 min. |
| Visa Platinum Plus | 12.400% with Direct Deposit or AutoPay | 3% of balance, $15 min. |
| Secured Credit Card | as low as 13.400% | 3% of balance, $15 min. |
* APR = Annual Percentage Rate. Minimum monthly payment is 3% of balance, $15 minimum.
Consumer Loan Rates - as of 2/10/20
| Type of Account | Maximum Term | APR* |
|---|---|---|
| Signature Line of Credit | N/A | as low as 10.400% |
| Signature Loan | 24-60 Months | as low as 9.700% |
| Share Secured | up to 120 Months | 3% over current Dividend Rate |
| Share Certificate Secured | 6 to 60 Months | 3% over Dividend Rate being earned on Certificate |
| New Auto (up to 90% LTV) | 24 to 60 Months | as low as 2.750% |
| New Auto (up to 90% LTV) | 72 Months | as low as 2.950% |
| New Auto (up to 90% LTV) | 84 Months | as low as 3.250% |
| New Auto (up to 90 % LTV) | 96 Months | as low as 3.650%(sup)*(/sup) |
| New Auto (90.01% - 115% LTV) | 24 to 60 Months | as low as 2.850% |
| New Auto (90.01% - 115% LTV) | 72 Months | as low as 3.100% |
| New Auto (90.01% - 115% LTV) | 84 Months | as low as 3.450% |
| New Auto (90.01% - 115% LTV) | 96 Months | as low as 3.850%(sup)*(/sup) |
| Used Auto (up to 90% LTV) | 24 to 60 Months | as low as 2.950% |
| Used Auto (up to 90% LTV) | 72 Months | as low as 3.150% |
| Used Auto (up to 90 % LTV) | 84 Months | as low as 3.450% |
| Used Auto (90.01% - 115% LTV) | 24 to 60 Months | as low as 3.200% |
| Used Auto (90.01% - 115% LTV) | 72 Months | as low as 3.350% |
| Used Auto (90.01% - 115% LTV) | 84 Months | as low as 3.750% |
| New Boat/RV | 24 to 60 Months | as low as 2.950% |
| New Boat/RV | 72 Months | as low as 3.200% |
| Used Boat/RV | 24 to 60 Months | as low as 3.450% |
| Used Boat/RV | 72 Months | as low as 3.950% |
| Extended/New Boat/RV | 120 Months | as low as 5.550% |
| Extended/New Boat/RV | 180 Months | as low as 5.800% |
| Extended/New Boat/RV | 240 Months | as low as 6.050% |
| Extended/Used Boat/RV | 120 Months | as low as 6.050% |
| Extended/Used Boat/RV | 180 Months | as low as 6.300% |
| Extended/Used Boat/RV | 240 Months | as low as 6.550% |
| Motorcycle | 60 Months | as low as 3.290% |
| Motorcycle | 72 Months | as low as 3.790% |
* APR= Annual Percentage Rate. 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 Auto Pay, the preferred payment program. *Minimum loan amount on 96-month term is $50,000. 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.
2 The Wall Street Journal Prime Rate on the last business day of the month with a cap of 17.9%.
3 The Wall Street Journal Prime Rate on the last business day of the month with a cap of 18%.
4 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 12/5/19
| Type of Account | Maximum Term | APR* | |
|---|---|---|---|
| Home Equity Line-of-Credit(sup)1(/sup) (10-year access period) | 240 Months | As low as 2.99% fixed(sup)1(/sup) for 12 months, then Variable as low as Prime for Life(sup)2(/sup) | |
| Home Equity Loan(sup)2(/sup) | 60 Months | Fixed as low as 4.500% | |
| Home Equity Loan(sup)2(/sup) | 120 Months | Fixed as low as 4.750% | |
| Home Equity Loan(sup)2(/sup) | 180 Months | Fixed as low as 5.000% |
¹APR = Annual Percentage Rate. No closing cost option requires a minimum of $40,000 to be advanced at closing and credit line must be open for 3 years. Minimum loan amount is $40,000, maximum loan amount is $250,000. Maximum rate equals 17.90%. Principal and interest payment only. ²Base rate is Prime rate minus .25%, plus the applicable credit margin. Maximum LTV of 70%. Lifetime floor rate of 4.50%. Introductory rate available for new Home Equity Lines of Credit only. Subject to credit approval. Primary residence in NY only. Terms and conditions subject to change without notice. Stated rates are based on credit worthiness and may require automatic payments from a Nassau Financial Checking Account. Other details may apply. See NassauFinancial.org.
The 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 $250,000.
Rates shown 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.
First Mortgage Loan Rates - as of 1/31/2020
| Type of Account | Term | Rate | APR* | Points | Interest Type |
|---|---|---|---|---|---|
| Fixed Mortgage | 30 Years | 3.375% | 3.437% | 0 | Fixed |
| Fixed Mortgage | 20 Years | 3.125% | 3.212% | 0 | Fixed |
| Fixed Mortgage | 15 Years | 2.875% | 2.987% | 0 | Fixed |
| 5/1 ARM | 30 Years | 3.625% | 3.663% | 0 | Adjustable |
* APR= Annual Percentage Rate. First Mortgage rates, APRs and points are subject to change without notice. Maximum loan amount is $484,350. 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.