Savings Rates - as of 11/01/18

savings table
Type of AccountVariable Dividend RateAPY*Minimum Balance to Earn APY
Regular & Youth Shares0.20%0.20%$5 Adults /$5 Youth
IRA0.30%0.30%None
Saver's Edge0.20%0.20%None
Saver's Edge0.50%0.50%$5,000.00
Saver's Edge0.60%0.60%$25,000.00
Saver's Edge0.74%0.75%$50,000.00
Saver's Edge0.74%0.75%$75,000.00
SmartSaver IRA0.30%0.30%None
SmartSaver IRA0.55%0.55%$5,000.00
SmartSaver IRA0.60%0.60%$25,000.00
SmartSaver IRA0.74%0.75%$50,000.00
SmartSaver IRA0.74%0.75%$75,000.00
Club Accounts0.20%0.20%None
Checking Plus0.05%0.05%$750.00
Checking Premier Plus1.00%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 11/29/18

certificate table
Type of AccountDividend Rate(APY)
3 Months.49%.50%
4 Months.49%.50%
6 Months1.24%1.25%
7 Months1.24%1.25%
9 Months1.24%1.25%
12 Months (Regular Only)2.17%2.20%
15 Month2.27%2.30%
18 Months2.27%2.30%
24 Months2.46%2.50%
24 Month Bump-Up (Regular only)(sup)3(/sup)2.22%2.25%
30 Months2.46%2.50%
36 Months2.51%2.55%
36 Month Bump-Up(sup)3(/sup)2.27%2.30%
48 Months2.66%2.70%
60 Months2.76%2.80%
8 Months New $ Only1.00%1.00%
Special - New Money Only East Meadow Branch Only 22 Month Regular/IRA (sup)4(/sup)2.95%3.00%


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.

Fixed $1,000 min***** Compounded Daily, Offer available 10/22/2018 through 12/21/2018.

 

Credit Card Rates - as of 10/22/18

credit_card table
Type of AccountVariable APR*Monthly Payment
Visa Platinumas low as 12.90%3% of balance, $15 min.
Visa Platinum11.90% with Direct Deposit or AutoPay3% of balance, $15 min.
Visa Platinum Plusas low as 13.90%3% of balance, $15 min.
Visa Platinum Plus12.90% with Direct Deposit or AutoPay3% of balance, $15 min.
Secured Credit Cardas low as 13.90%3% of balance, $15 min.

* APR = Annual Percentage Rate. Minimum monthly payment is 3% of balance, $15 minimum.

Consumer Loan Rates - as of 11/26/18

consumer table
Type of AccountMaximum TermAPR*
Signature Loan24-60 Monthsas low as 10.20%
Signature Line of CreditN/A10.65%
Share Secured120 Months3.20%
Share Certificate Secured6 to 60 Months3% over Dividend Rate being earned on Certificate
New Auto/Boat/RV24 to 60 Monthsas low as 2.69%
New Auto/Boat/RV72 Monthsas low as 2.94%
New Auto84 Monthsas low as 3.94%
New Auto (20% down)24 to 60 Monthsas low as 2.49%
New Auto (20% down)72 Monthsas low as 2.74%
New Auto (20% down)84 Monthsas low as 3.74%
Used Auto/Boat/RV24 to 60 Monthsas low as 3.19%
Used Auto/Boat/RV72 Monthsas low as 3.69%
Used Auto (20% down)24 to 60 Monthsas low as 2.99%
Used Auto (20% down)72 Monthsas low as 3.49%
New or Used Boat/RV120 Monthsas low as 5.29%
New or Used Boat/RV180 Monthsas low as 5.54%
New or Used Boat/RV240 Monthsas low as 5.79%
Driver's Edge24 to 60 Monthsas low as 3.19%

* 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

real_estate table
Type of AccountMaximum TermAPR*Monthly Payment per $1,000
Home Equity Line-of-Credit(sup)1(/sup) (10-year access period)240 MonthsAs low as 2.24% fixed(sup)1(/sup) for 6 months, then Variable as low as Prime for LifeN/A
Home Equity Loan(sup)2(/sup)60 MonthsFixed as low as 4.50%$18.30
Home Equity Loan(sup)2(/sup)120 MonthsFixed as low as 4.75%$10.24
Home Equity Loan(sup)2(/sup)180 MonthsFixed 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 12/6/2018

first_mortgage table
Type of AccountTermRateAPR*PointsMonthly Payment per $1,000Interest Type
Fixed Mortgage30 Years4.750%4.957%0$5.22Fixed
Fixed Mortgage20 Years4.625%4.906%0$6.39Fixed
Fixed Mortgage15 Years4.500%4.857%0$7.65Fixed
Adjustable Mortgage1 Year ARM4.00%4.54%0$4.77Adjustable
Adjustable Mortgage5/1 ARM4.50%4.70%0$5.07Adjustable

* 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.

Deposits - as of 11/01/18

business_deposit table
Type of Share AccountDividend RateAnnual Percentage Yield (APY)Fixed/VariableMinimum Balance to Earn APYCompounding
Shares: Regular0.20%0.20%Variable$5.00Quarterly
Business Money Market0.20%0.20%VariableNoneMonthly
0.50%0.50%Variable$5,000.00Monthly
0.60%0.60%Variable$25,000.00Monthly
0.74%0.75%Variable$50,000.00Monthly
0.74%0.75%Variable$75,000.00Monthly
Premier Checking0.05%0.05%Variable$750.00Monthly
Premier Checking Non-Profit0.05%0.05%Variable$750.00Monthly
Business CheckingNon-interest bearingNon-interest bearingN/AN/AN/A

APY= Annual Percentage Yield. Note: Fees could reduce the earning on accounts. On variable rate accounts the rate may change after the account is opened. There is no minimum balance to open a consumer checking account. Variable rates are accurate as of the last dividend declaration date of June 20,2018 or are prospective dividend rates for the current dividend period. Fixed rates are accurate as of July 1, 2018. Contact a Service Representative for further information about applicable fees and terms. For current information, please call 1-800-216-2328.  Minimum balance of $100 to open Premier and Business Checking Accounts; no minimum to open Business Non-Profit Checking Accounts. Minimum average daily balance.  

Certificates - as of 9/25/18

business_certificate table
Type of Share AccountDividend RateAnnual Percentage Yield(APY)Fixed/VariableMinimum Balance to Earn APYCompounding
3 Month Regular0.49%0.50%Fixed$1,000.00Daily
4 Month Regular0.49%0.50%Fixed$1,000.00Daily
6 Month Regular1.24%1.25%Fixed$1,000.00Daily
7 Month Regular1.24%1.25%Fixed$1,000.00Daily
9 Month Regular1.24%1.25%Fixed$1,000.00Daily
12 Month Regular2.07%2.10%Fixed$1,000.00Daily
15 Month Regular2.27%2.30%Fixed$1,000.00Daily
18 Month Regular2.27%2.30%Fixed$1,000.00Daily
24 Month Regular2.27%2.30%Fixed$1,000.00Daily
24 Month (br)Bump-up(sup)4(/sup)2.02%2.05%Variable$1,000.00Daily
30 Month Regular2.27%2.30%Fixed$1,000.00Daily
36 Month Regular2.51%2.55%Fixed$1,000.00Daily
36 Month (br)Bump-up(sup)4(/sup)2.27%2.30%Variable$1,000.00Daily
48 Month Regular2.51%2.55%Fixed$1,000.00Daily
60 Month Regular2.71%2.75%Fixed$1,000.00Daily
New Money Only/(br)8 Months1.00%1.00%Fixed$1,000.00Daily

APY= Annual Percentage Yield. Note: Fees could reduce the earning on accounts. On variable rate accounts the rate may change after the account is opened. Variable rates are accurate as of the last dividend declaration date of June 20, 2018 or are prospective dividend rates for the current dividend period. Fixed rates are accurate as of July 1, 2018. Contact a Service Representative for further information about applicable fees and terms. For current information, please call 1-800-216-2328. A penalty may be charged for early withdrawal from Share Certificates. 1 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. Written request prior to certificate maturity required.

Loans & Lines of Credit - as of 4/11/18

business_loans table
TYPE OF LOANTerm% Above IndexAPRFixed/Variable/AdjustableMonthly Payment Per $1000
Fixed Rate Term Loan(br)(Up to $50,000)Up to 60 MonthsN/ACall for RateFixed - On the date the loan closes at the then Prime(sup)1(/sup) rate plus the margin.Depends on term. Call for quote.
Business Line of Credit(br)(Up to $50,000)N/AVariesCall for RateVariable(sup)1(/sup)3% of loan bal. min. $20.00
Business Overdraft Line of Credit(br)(Up to $5,000)N/AVariesCall for RateVariable(sup)1(/sup)3% of loan bal. min. $20.00
Visa Business Credit Card(br)(Up to $50,000)N/AVariesCall for RateVariable(sup)1(/sup)3% of loan balance min. $15.00

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. 1 The Wall Street Journal Prime Rate, plus margin, for the life of the loan, adjustable monthly with a cap of 17.9% APR. The Wall Street Journal Prime Rate is set on the last business day of the month with a cap of 17.9%.