Savings Rates - as of 7/1/18
| Type of Account | Variable Dividend Rate | APY* | Minimum Balance to Earn APY |
|---|---|---|---|
| Regular & Youth Shares | 0.20% | 0.20% | $5 Adults /$5 Youth |
| IRA | 0.30% | 0.30% | None |
| Saver's Edge | 0.20% | 0.20% | None |
| Saver's Edge | 0.40% | 0.40% | $5,000.00 |
| Saver's Edge | 0.50% | 0.50% | $25,000.00 |
| Saver's Edge | 0.65% | 0.65% | $50,000.00 |
| Saver's Edge | 0.65% | 0.65% | $75,000.00 |
| SmartSaver IRA | 0.30% | 0.30% | None |
| SmartSaver IRA | 0.45% | 0.45% | $5,000.00 |
| SmartSaver IRA | 0.50% | 0.50% | $25,000.00 |
| SmartSaver IRA | 0.65% | 0.65% | $50,000.00 |
| SmartSaver IRA | 0.65% | 0.65% | $75,000.00 |
| Club Accounts | 0.20% | 0.20% | None |
| Checking Plus | 0.05% | 0.05% | $750.00 |
| Checking Premier Plus | 1.00% | 1.00% | 5 E-Services, up to $15K w/loan up to $25K |
APY= Annual Percentage Yield. 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. 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 08/28/18
| Type of Account | Dividend Rate | (APY) |
|---|---|---|
| 3 Months | .499% | .50% |
| 4 Months | .499% | .50% |
| 6 Months | 1.24% | 1.25% |
| 7 Months | 1.24% | 1.25% |
| 9 Months | 1.24% | 1.25% |
| 12 Months (Regular Only) | 2.078% | 2.10% |
| 15 Month | 2.27% | 2.30% |
| 18 Months | 2.27% | 2.30% |
| 24 Months | 2.27% | 2.30% |
| 24 Month Bump-Up (Regular only)(sup)3(/sup) | 2.02% | 2.05% |
| 30 Months | 2.27% | 2.30% |
| 36 Months | 2.27% | 2.30% |
| 36 Month Bump-Up(sup)3(/sup) | 2.02% | 2.05% |
| 48 Months | 2.37% | 2.40% |
| 60 Months | 2.51% | 2.55% |
| 8 Months New $ Only | 1.00% | 1.00% |
APY= Annual Percentage Yield. 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. $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.
Credit Card Rates - as of 7/1/18
| Type of Account | Variable APR* | Monthly Payment |
|---|---|---|
| Visa Platinum | as low as 12.65% | 3% of balance, $15 min. |
| Visa Platinum | 11.65% with Direct Deposit or AutoPay | 3% of balance, $15 min. |
| Visa Platinum Plus | as low as 13.65% | 3% of balance, $15 min. |
| Visa Platinum Plus | 12.65% with Direct Deposit or AutoPay | 3% of balance, $15 min. |
| Secured Credit Card | as low as 13.65% | 3% of balance, $15 min. |
* APR = Annual Percentage Rate. Minimum monthly payment is 3% of balance, $15 minimum.
Consumer Loan Rates - as of 8/28/18
| Type of Account | Maximum Term | APR* |
|---|---|---|
| Signature Loan | 24-60 Months | as low as 10.20% |
| Signature Line of Credit | N/A | 10.65% |
| Share Secured | 120 Months | 3.20% |
| Share Certificate Secured | 6 to 60 Months | 3% over Dividend Rate being earned on Certificate |
| New Auto/Boat/RV | 24 to 60 Months | as low as 2.49% |
| New Auto/Boat/RV | 72 Months | as low as 2.74% |
| New Auto | 84 Months | as low as 3.74% |
| New Auto (20% down) | 24 to 60 Months | as low as 2.29% |
| New Auto (20% down) | 72 Months | as low as 2.54% |
| New Auto (20% down) | 84 Months | as low as 3.54% |
| Used Auto/Boat/RV | 24 to 60 Months | as low as 2.99% |
| Used Auto/Boat/RV | 72 Months | as low as 3.49% |
| Used Auto (20% down) | 24 to 60 Months | as low as 2.79% |
| Used Auto (20% down) | 72 Months | as low as 3.29% |
| New or Used Boat/RV | 120 Months | as low as 5.09% |
| New or Used Boat/RV | 180 Months | as low as 5.34% |
| New or Used Boat/RV | 240 Months | as low as 5.59% |
| Driver's Edge | 24 to 60 Months | as low as 2.79% |
* 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. 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 4/11/18
| Type of Account | Maximum Term | APR* | Monthly Payment per $1,000 |
|---|---|---|---|
| Home Equity Line-of-Credit(sup)1(/sup) (10-year access period) | 240 Months | As low as 2.24% fixed(sup)1(/sup) for 6 months, then Variable as low as Prime for Life | N/A |
| Home Equity Loan(sup)2(/sup) | 60 Months | Fixed as low as 4.50% | $18.30 |
| Home Equity Loan(sup)2(/sup) | 120 Months | Fixed as low as 4.75% | $10.24 |
| Home Equity Loan(sup)2(/sup) | 180 Months | Fixed as low as 5.00% | $7.65 |
*APR = Annual Percentage Rate. 1) A Nassau Financial checking account with direct deposit is required to get the stated introductory rate of 2.24% APR, fixed for the first 6 months, then variable as low as Prime Rate thereafter. Introductory rate is 2.49% APR for the first 6 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.
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 9/7/2018
| Type of Account | Term | Rate | APR* | Points | Monthly Payment per $1,000 | Interest Type |
|---|---|---|---|---|---|---|
| Fixed Mortgage | 30 Years | 4.62% | 4.83% | 0 | $5.14 | Fixed |
| Fixed Mortgage | 20 Years | 4.50% | 4.51% | 0 | $6.33 | Fixed |
| Fixed Mortgage | 15 Years | 4.250% | 4.37% | 0 | $7.52 | Fixed |
| Adjustable Mortgage | 1 Year ARM | 3.50% | 4.22% | 0 | $4.49 | Adjustable |
| Adjustable Mortgage | 5/1 ARM | 4.37% | 4.62% | 0 | $4.99 | Adjustable |
* APR= Annual Percentage Rate. 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.