Rates & Fees

 

Share and Certificate Rates Effective: 01/19/17

Share Savings Account

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$0.00 - $2499.99 0.05% 0.05% Monthly
$2,500+ 0.05% 0.05% Monthly

Checking Account

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$0.00- $2,499.99 0.00% 0.00% Monthly
$2,500+ 0.05% 0.05% Monthly

Money Market Accounts

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$0.00 - $2,499.99 0.00% 0.00% Monthly
$2,500.00 - $4,999.99 0.05% 0.05% Monthly
$5,000.00 - $9,999.99 0.10% 0.10% Monthly

$10,000.00 - $24,999.99

0.15% 0.15% Monthly

$25,000.00 - $49,999.99

0.20% 0.20% Monthly
$50,000.00 - $99,999.99 0.25% 0.25% Monthly
$100,000.00+ 0.35% 0.35% Monthly

Additional Share Savings

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$5.00 0.05% 0.05% Monthly

Club Accounts

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$5.00 0.05% 0.05% Monthly

Certificates

Share Certificates

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$2,500.00 0.10% 0.10% 91 Days
$2,500.00 0.35% 0.35% 6 Months
$2,500.00 0.55% 0.55% 12 Months
$500.00 0.60% 0.60% 18 - 23 Months Add-On*
$2,500.00 0.65% 0.65% 24 - 35 Months
$2,500.00 0.80% 0.80% 36 - 47 Months
$2,500.00 1.04% 1.05% 48 - 59 Months
$2,500.00 1.09% 1.10% 60 Months
$2,500.00 1.14% 1.15% 72 Months
$2,500.00 1.20% 1.21% 84 Months

*Member may contribute to certificate in $25 minimum increments at any time.


IRA Savings Accounts

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$5.00 0.05% 0.05% Monthly

IRA Certificates

Minimum Balance Dividend Rate Annual Percentage Yield Dividend Period
$2,500.00 0.35% 0.35% 6 Months Add-On*
$2,500.00 0.55% 0.55% 12 Months
$500.00 0.60% 0.60% 18 - 23 Months Add-On*
$2,500.00 0.65% 0.650% 24 - 35 Months
$2,500.00 0.80% 0.80% 36 - 47 Months
$2,500.00 1.04% 1.05% 48 - 59 Months
$2,500.00 1.09% 1.10% 60 Months**
$2,500.00 1.14% 1.15% 72 Months
$2,500.00 1.20% 1.21% 84 Months

*Member may contribute to certificate in $25 minimum increments at any time. **For Roth IRA Certificates and ESA Certificates. Deposits Disclosures


Consumer Loans

Loan Rates Effective: 1/03/17

Personal Loan

Loan Term  Amount APR* (As Low As)
Varies $0.00 11.00%

Overdraft Protection

Loan Term  Amount APR* (As Low As)
N/A $0.00 9.75%

New and Used Vehicles (Purchase or Refinance)

Loan Term  Amount APR* (As Low As)
72 Months $20,000+ 3.99%
60 Months $5,000+ 3.50%
48 Months $3,000+ 3.40%
36 Months $3,000+ 3.25%

Other Vehicles (Boats, Travel Trailers, Motor Homes, etc.)

Loan Term Amount  APR* (As Low As)
180 months $25,000+  5.99%%
144 Months $20,000+ 5.99%
84 Months $15,000+ 4.99%
Up to 72 Months $5,000+ 3.99%

Share Secured

Loan Term Amount APR* (As Low As)
36 Months N/A Dividend plus margin, rounded to the nearest 0.25%, floor of 4.00%
The Annual Percentage Rate will never be less than 4.00% to 9.75%
72 Months $7,001+ Dividend plus margin, rounded to the nearest 0.25%, floor of 4.00%
The Annual Percentage Rate will never be less than 4.00% to 9.75%

Certificate Secured

Loan Term Amount APR* (As Low As)
Based on Current Certificate N/A Dividend plus margin, rounded to the nearest 0.25%, floor of 4.00%
The Annual Percentage Rate will never be less than 4.00% to 9.75%
 

Shared Secured VISA

Loan Term Amount  APR* (As Low As)
Line Amount  N/A 14.15%

*Annual Percentage Rate. Rates quoted are "as low as" and are subject to change without notice. Approval and actual rate will depend on your credit history.

Credit Card

IF YOU ARE APPLYING FOR A CREDIT CARD, THE FOLLOWING IS YOUR REQUIRED DISCLOSURE INFORMATION - The information provided in this disclosure is accurate as of December 2016. The information may have changed after that date. To find out what may have changed call us at 240-436-4000 or write us at 5210 Chairmans Court, Frederick, MD 21703. Before we approve you for a credit card, we will review your credit report, and the information you provide with your application to confirm that you meet the criteria for this offer. The full terms and conditions will be outlined in the cardholder disclosure which will be sent to you with the new card(s).

Interest Rates and Interest Charges

Annual Percentage Rates (APR) for Purchases

9.4% to 16.4% when you open your account, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Annual Percentage Rates (APR) for Balance Transfers

9.4% to 16.4% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Annual Percentage Rates (APR) for Cash Advances

9.4% to 16.4% based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Penalty APR and When It Applies

11.9% to 18.00%

Your Interest Rate will increase if:
1.The Minimum Payment is not made by the date marked "payments must reach us by" on the periodic statement, the Annual Percentage Rate on the account will increase by 2.5% for the second billing cycle following the late Minimum Payment. The new rate will be applied to the outstanding balance on the periodic statement to derive the new Finance Charge and Minimum Payment.

16.4% to 18.00%

2. The Minimum Payment is again not made on time and in the full amount while the increase is effective, we will add an additional 4.5% to the then current rate (already 2.5% above the VISA rate for the account). This new rate will be applied to the outstanding balance reflected on the periodic statement for the second billing cycle after the second late Minimum Payment after the initial higher rate became effective. At no time will the rate plus any additional rate for late Minimum Payment exceed 18% APR.

How Long Will the Penalty APR Apply?: If the Minimum Payment is made on time and in the full amount for six months following the late Minimum Payment, the rate will revert to the then applicable Annual Percentage Rate for the VISA card.

How To Avoid Paying Interest on Purchases

Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.

Minimum Interest Charge

None

For Credit Card Tips from the Consumer Financial Protection Bureau

To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: http://www.consumerfinance.gov/learnmore

Fees

Annual Fee

None

 

Transaction Fees

Balance Transfer

2% of the amount of the transfer (maximum fee $1,000)

Cash Advances

2% of the amount of the transfer

Foreign Transaction

1% of each transaction in U.S. Dollars

 

Penalty Fees

Late Payment Fee

Up to $35

Over-the-Credit Limit

Up to $35 - Opt-In form is on our website

Returned Payment Fee

Up to $25

How We Will Calculate Your Balance: We use a method called "Average Daily Balance (including new purchases)." See your Account Agreement for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your Account Agreement.

Maintenance Fees:

Statement Photocopies $5.00 per statement
Card Replacement Fee $10.00
Rush Plastics Fee $30.00 within the US, fees outside the US will be based on Fed-Ex international rates.

The information provided in this disclosure is accurate as of December 2016.

Real Estate Loan Rates

Below are the real estate loan programs currently offered by Nymeo. To learn more about these programs and many others or to apply please click here or call us toll free at 1-855-436-4100.

To view current rates for 30 Year Fixed (Conforming), 20 Year Fixed (Conforming), 15 Year Fixed (Conforming), please click here to access the Nymeo Home Loan page.

Rates as of 12/14/16

Program Name Rate (As Low As) Points APR (As Low As)
12 Year Fixed (Conforming) 3.625% 0.00% 3.625%
10 Year Fixed (Conforming) 3.375% 0.00% 3.375%
7 Year Fixed (Conforming) 3.375% 0.00% 3.375%
7/1 ARM (Conforming) 4.250% 0.00% 4.250%
5/1 ARM (Conforming) 3.750% 0.00% 3.750%
3/1 ARM (Conforming) 3.500% 0.00% 3.500%
Home Equity Line Of Credit (HELOC) 4.250% 0.00% 4.250%
15 Year HE Loan 4.490% 0.00% 4.990%
10 Year HE Loan 4.240% 0.00% 4.740%
5 Year HE Loan 3.990% 0.00% 4.490%

Please note: Rates are subject to change without notice and live levels will differ throughout the day depending on market conditions. Rates can only be locked once a loan has been approved through underwriting. Not all members will qualify for the rates shown.