Belonging to Schools FCU definitely has its benefits! Our member-owners enjoy some of the lowest interest rates on loans anywhere in the country. Whether you need a car, vacation, or just some extra cash to consolidate bills, we have the right loan program for you.
Deposit Rates
| Term | APR for $500 - $89,999 | APY for $500 - $89,999 | APR for ≥ $90,000 | APY for ≥ $90,000 |
6 Months
| 2.70% | 2.74% | 2.95% | 2.99% |
12
| 3.34% | 3.40% | 3.78% | 3.85% |
| 18 | 3.68% | 3.75% | 4.45% | 4.55% |
| 24 | 3.73% | 3.80% | 4.35% | 4.45% |
36
| 3.83% | 3.90% | 3.97% | 4.05% |
| 48 | 4.07% | 4.15% | 4.34% | 4.44% |
| 60 | 4.26% | 4.35% | 4.39% | 4.49% |
Relationship Certificate
(12 months)
| 4.88%
| 5.00%
| | |
| Minimum | APR* | APY* |
| $0-2,499 | 0.50% | 0.50% |
| $2,500-9,999 | 0.55% | 0.55% |
| $10,000-24,999 | 0.70% | 0.70% |
| $25,000-49,999 | 0.75% | 0.75% |
| $50,000+ | 0.80% | 0.80% |
Savings Accounts
| Savings (A) | Minimum | APR* | APY* |
| Regular Shares | $100-2,499 | 0.000% | 0.000% |
| Christmas Club | $2,500-9,999 | 0.050% | 0.050% |
| You Name It | $10,000 | 0.100% | 0.100% |
For School Employees – Summer Safeguard
| Savings | Minimum | APR* | APY* | |
| Summer Safeguard | Automatic Contribution | 6.44% | 6.60% | Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD |
Accumulation
Coverdell Savings
| Savings | Minimum | APR* | APY* | |
| Summer Safeguard | Automatic Contribution | 6.44% | 6.60% | Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD |
| Loans for School Employees | Term | APR*
| Terms |
| Classroom Supply Loan | 12 months | 0.00% | Borrow up to $1,000 |
| Utility Loan (Classified) | 12 months | 0.00% | Borrow up to $1,000 |
| Relocation Loan | 12 - 36 months | 5.90% | Borrow up to $5,000 |
| Career Enhancement | 12 - 60 months | 5.90% | Borrow up to $10,000 |
| Payroll Assistance | 18 months | 5.90% | Borrow up to $3,000 |
| Teacher's Line of Credit | Revolving | 5.90% | Limit of up to $2,000 |
Loan Rates
Auto Loan Rates
| Loan Type | Term | APR*
|
| New Auto Loan | 36 Months | 5.49% |
| 48 Months | 5.74% |
| 60 Months | 5.99% |
| 72 Months | 6.24% |
| 84 Months | 6.59% |
| Used Auto | 36 Months | 5.49% |
| 48 Months | 5.74% |
| 60 Months | 5.99% |
| 72 Months | 6.24% |
| 84 Months | 6.59% |
| New 1st Time Car Buyer | 36 Months | 5.49% |
| 48 Months | 7.44% |
| 60 Months | 7.94% |
| 72 Months | 7.99% |
| Used 1st Time Car Buyer | 36 Months | 5.49% |
| 48 Months | 7.44% |
| 60 Months | 7.94% |
| 72 Months | 7.99% |
| Unsecured Loans | Term | APR*
|
| Signature/Debt Consolidation | 12 mos | 6.75%
|
| 24 mos | 7.50%
|
| 36 mos | 8.25%
|
| 48 mos | 9.50%
|
| 60 mos | 10.50%
|
| 72 mos | 11.50%
|
| Personal Line of Credit | Revolving | 9.90%
|
| Tuition Loan | 12 mos | 6.75%
|
| Student Book Loan | 12 mos | 7.00%
|
| Technology/Computer | 24 mos | 1.00% (includes 1.5% discount for eStatements)
|
| Everyday Loan | 6 mos | 28% ($20 processing fee)
|
| Loan Type | Term | APR*
|
| Platinum VISA | Revolving | 8.50% |
| Secured Credit Card | Revolving | 18.00% |
Recreational Vehicles
| Loan Type 1 | Term | APR*
|
| Recreational Vehicle (new) 85% LTV | 48 Months | 6.50%
|
| Recreational Vehicle (new) 85% LTV | 60 Months | 7.50%
|
| Recreational Vehicle (new) 85% LTV | 72 Months | 8.50%
|
| Recreational Vehicle (new) 85% LTV | 84-120 Months | 9.50%
|
| Recreational Vehicle (used) 85% LTV | 48 Months | 7.75%
|
| Recreational Vehicle (used) 85% LTV | 60 Months | 8.75%
|
| Recreational Vehicle (used) 85% LTV | 72 Months | 9.75%
|
| Recreational Vehicle (used) 85% LTV | 84-120 Months | 10.75%
|
Motorcycle
| Loan Type 1 | Term | APR*
|
| New Motorcycle – 85% LTV | 48 Months | 7.00%
|
| New Motorcycle – 85% LTV | 60 Months | 7.50%
|
| New Motorcycle – 85% LTV | 72 Months | 8.00%
|
| Used Motorcycle – 80% LTV | 48 Months | 7.00%
|
| Used Motorcycle – 80% LTV | 60 Months | 7.50%
|
| Used Motorcycle – 80% LTV | 72 Months | 8.00%
|
| Loans for School Employees | Term | APR*
| Terms |
| Classroom Supply Loan | 12 months | 0.00% | Borrow up to $1,000 |
| Utility Loan (Classified) | 12 months | 0.00% | Borrow up to $1,000 |
| Relocation Loan | 12 - 36 months | 5.90% | Borrow up to $5,000 |
| Career Enhancement | 12 - 60 months | 5.90% | Borrow up to $10,000 |
| Payroll Assistance | 18 months | 5.90% | Borrow up to $3,000 |
| Teacher's Line of Credit | Revolving | 5.90% | Limit of up to $2,000 |
| Savings | Minimum | APR* | APY* | |
| Summer Safeguard | Automatic Contribution | 6.44% | 6.60% | Maximum contribution of $2,000 per month from a qualified source, such as payroll from LAUSD or LACCD |
Enrollment in optional services, such as Debt Protection, GAP, and Mechanical Breakdown Coverage has no bearing on whether a loan is approved. Loan rates advertised are the lowest possible rates available. Actual rate will vary based on the characteristics of the borrower(s). Visit our Financial Calculator for loan payment and dividend accrual samples.
