Make your Home Work for you.
Savings Rates - as of 6/1/20
| Type of Account | Variable Dividend Rate | APY* | Minimum Balance to Earn APY |
|---|---|---|---|
| Regular & Youth Shares | 0.01% | 0.01% | $5 Adults /$5 Youth |
| Youth Savers Pro/Age 0 thru 11 | 0.01% | 0.01% | $5.00 |
| Youth Savers Pro/ Age 12 thru 22 | 0.01% | 0.01% | $5.00 Rate requires Checking Acct |
| IRA | 0.01% | 0.01% | None |
| Saver's Edge | 0.01% | 0.01% | None |
| Saver's Edge | 0.01% | 0.01% | $5,000.00 |
| Saver's Edge | 0.01% | 0.01% | $25,000.00 |
| Saver's Edge | 0.01% | 0.01% | $50,000.00 |
| Saver's Edge | 0.01% | 0.01% | $75,000.00 |
| SmartSaver IRA | 0.01% | 0.01% | None |
| SmartSaver IRA | 0.01% | 0.01% | $5,000.00 |
| SmartSaver IRA | 0.01% | 0.01% | $25,000.00 |
| SmartSaver IRA | 0.01% | 0.01% | $50,000.00 |
| SmartSaver IRA | 0.01% | 0.01% | $75,000.00 |
| Club Accounts | 0.01% | 0.01% | None |
| MyFree Checking | 0.00% | 0.00% | $10 to open; Debit Card; Valid e-mail address; Share Savings Account |
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 a $10 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 5/1/20
| Rate | APY | Rate | APY | |
|---|---|---|---|---|
| 6 Months | 0.20% | 0.20% | 0.10% | 0.10% |
| 12 Months | 0.40% | 0.40% | 0.30% | 0.30% |
| 18 Months | 0.40% | 0.40% | 0.30% | 0.30% |
| 24 Months | 0.40% | 0.40% | 0.30% | 0.30% |
| 36 Months | 0.70% | 0.70% | 0.60% | 0.60% |
| 48 Months | 0.70% | 0.70% | 0.60% | 0.60% |
| 60 Months | 0.70% | 0.70% | 0.60% | 0.60% |
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 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 4/27/20
| Type of Account | APR* | Monthly Payment |
|---|---|---|
| Visa Platinum | as low as 7.750%(sup)1(/sup) | 3% of balance, $25 min. |
| Visa Platinum Plus | as low as 8.750%(sup)1(/sup) | 3% of balance, $25 min. |
| Secured Credit Card | as low as 9.490% | 3% of balance, $25 min. |
*APR= Annual Percentage Rate. 1-Rate shown requires Direct Deposit OR AutoPay. Rates are subject to change without notice. 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. Maximum APR is 17.90%. Minimum monthly payment is 3% of balance, $25 minimum. Please ask a Representative for the rate you qualify for. 2- Balance transfer offer applies to balances from other financial institutions only. 3% fee applies to balance transfers. All offers subject to change without notice.
Consumer Loan Rates - as of 7/13/20
| Type of Account | Maximum Term | APR* |
|---|---|---|
| Signature Line of Credit | N/A | as low as 7.500% |
| Signature Loan | 24-60 Months | as low as 6.750% |
| Solar Loans | Up to 120 Months | As low as 4.750% |
| Share Secured | up to 120 Months | 3.5% + current Dividend Rate |
| Share Certificate Secured | 6 to 60 Months | 3.5% + Dividend Rate being earned on Certificate |
| New Auto (up to 90 % LTV) | 60 Months | as low as 2.70% |
| New Auto (up to 90 % LTV) | 72 Months | as low as 2.90% |
| New Auto (up to 90 % LTV) | 84 Months | as low as 3.20% |
| New Auto (up to 90 % LTV) | 96 Months | as low as 3.60% |
| Used Auto (up to 90 % LTV) | 60 Months | as low as 2.85% |
| Used Auto (up to 90 % LTV) | 72 Months | as low as 3.05% |
| Used Auto (up to 90 % LTV) | 84 Months | as low as 3.35% |
| New Boat | 24 to 60 Months | as low as 4.120% |
| New Boat | 72 Months | as low as 4.240% |
| New Boat | 84 Months | as low as 4.370% |
| Used Boat | 24 to 60 Months | as low as 4.620% |
| Used Boat | 72 Months | as low as 4.740% |
| Used Boat | 84 Months | as low as 4.870% |
| New RV | 24 to 60 Months | as low as 4.000% |
| New RV | 72 Months | as low as 4.200% |
| New RV | 84 Months | as low as 4.500% |
| Used RV | 24 to 60 Months | as low as 4.200% |
| Used RV | 72 Months | as low as 4.500% |
| Used RV | 84 Months | as low as 4.950% |
| Extended New Boat | 120 Months | as low as 4.490% |
| Extended New Boat | 180 Months | as low as 4.620% |
| Extended New Boat | 240 Months | as low as 4.740% |
| Extended Used Boat | 120 Months | as low as 4.990% |
| Extended Used Boat | 180 Months | as low as 5.120% |
| Extended Used Boat | 240 Months | as low as 5.240% |
| Extended New RV | 120 Months | as low as 5.500% |
| Extended New RV | 180 Months | as low as 6.250% |
| Extended New RV | 240 Months | as low as 6.500% |
| Extended Used RV | 120 Months | as low as 5.900% |
| Extended Used RV | 180 Months | as low as 6.500% |
| Extended Used RV | 240 Months | as low as 6.900% |
| Motorcycle | 24 to 60 Months | as low as 4.990% |
| Auto Refinance | up to 60 days payment deferral.(sup)5(/sup) |
* APR= Annual Percentage Rate. Rates are subject to change without notice. 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. Vehicles with commercial plates cannot be financed as a consumer auto loan. To qualify as new, vehicle must be current model year or one-year prior model with less than 5,000 miles. Auto Loan rates assume LTV 90% or less. 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. 5. Vehicle loans at Nassau Financial are not eligible. 60-day loan payment deferment will start from the day the loan is funded subject to credit approval. Interest accrues during the 60-day deferment.
Membership open to those who live, work, worship, volunteer, or go to school in Nassau County, NY, as well as immediate family members and those who reside with current Members. A $5 deposit into a Shared Savings Account is required for membership.
Additional Solar Loan Information: Other financing options available through NassauFinancial.org including home equity loans and lines of credit. Solar loan amounts up to $100,000 based on combined loan amounts. Rates, terms and conditions subject to change without notice. Offers of credit subject to credit history and other criteria.
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 17.99%.
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 Rates - as of 7/1/20
| Type of Account | Maximum Term | APR* | |
|---|---|---|---|
| Home Equity Line-of-Credit(sup)1(/sup) (10-year access period) | 300 Months | As low as 1.75% fixed(sup)1(/sup) for 12 months, then Variable as low as Prime minus .25% for Life(sup)2(/sup) |
¹APR = Annual Percentage Rate. Terms, Rates, and Conditions subject to change without notice. 2Stated rates are based on credit worthiness and other criteria. ²No closing cost option requires a minimum draw of $30,000 at funding. Closing costs must be paid back if the line is closed within the first 3 years, including internal refinances. Minimum draw at funding and a minimum balance of $30,000 must be kept for at least 12 months. If the balance falls below $30,000 during the first 12 months, the introductory rate reverts to Prime Rate plus a margin. Members do not qualify for the introductory rate if they already had an introductory rate on a HELOC at Nassau Financial within the past three (3) years. Base rate is Prime Rate minus .25 and requires Auto Transfer AND Direct Deposit. Rate floor is 4% and Maximum Rate (Ceiling) is 18%. Minimum line amount is $25,000 and maximum line amount is $250,000. Maximum CLTV is 75%. Subject property must be the primary residence of the applicant and located in New York State. 3Fixed Rate Option (FRO) available during draw period: Minimum amount is $10,000. Maximum term is 60 months. Three fixed rate advances maximum at one time during draw period. Fee of $75 per advance. FRO rates differ from HELOC rates and are based on credit report status at time of request, and other criteria. Credit reports re-pulled after 60 days and subject to new rate and re-approval. Other details may apply.
Offers subject to change without notice. Membership is open to those who live, work, worship, go to school, or volunteer in Nassau County, NY.
First Mortgage Loan Rates - as of 5/20/2020
| Type of Account | Term | Rate | APR* | Points | Interest Type |
|---|---|---|---|---|---|
| Fixed Mortgage | 30 Years | 3.000% | 3.069% | 0 | Fixed |
| Fixed Mortgage | 20 Years | 2.875% | 2.985% | 0 | Fixed |
| Fixed Mortgage | 15 Years | 2.625% | 2.736% | 0 | Fixed |
| 5/1 ARM | 30 Years | 2.750% | 3.064% | 0 | Adjustable |
* APR= Annual Percentage Rate. Rates are subject to change without notice. First Mortgage rates, APRs and points are subject to change without notice. Maximum loan amount is $510,400. 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.