Newsletter and Rates

Savings

Rates are accurate as of 07/01/14 (3rd Quarter Rates)

Rates Subject to Change Without Notice. Fees could reduce the earnings on the account. Rates may change after these accounts are open.
Description
Average Balance
APY*
Share (Savings)$100.00 - $99,999.990.10%
Share (Savings)$100,000.00 and up0.20%
Clubs (Holiday and Vacation)$0.01 and up0.10%
IRA (Individual Retirement Account)$0.01 - $99,999.990.40%
IRA (Individual Retirement Account)$100,000.00 and up0.55%

Investment Club and IRA Certificates

Rates are accurate as of 10/30/14

Rates Subject to Change Without Notice. A penalty will be imposed in most instances for early withdrawal of funds. Learn More.
Description
Term
APY*
($500 and up)3 Months0.20%
($500 and up)6 Months0.40%
($500 - $99,999.99)12 Months0.60%
($500 - $99,999.99) Add on13 Months0.60%
($500 - $99,999.99) Bump Up15 Months0.60%
($500 - $99,999.99)24 Months0.75%
($500 - $99,999.99)60 Months1.30%
   
($100,000.00 - $249,999.99)12 Months0.60%
($100,000.00 - $249,999.99) Add on13 Months0.60%
($100,000.00 - $249,999.99) Bump up15 Months0.60%
($100,000.00 - $249,999.99)2 Years0.75%
($100,000.00 - $249,999.99)5 Years1.30%
   
($250,000.00 and up)12 Month0.60%
($250,000.00 and up) Add on13 Months0.60%
($250,000.00 and up) Bump up15 Months0.60%
($250,000.00 and up)2 Years0.75%
($250,000.00 and up)5 Years1.30%

Checking

Rates are accurate as of 10/01/14

Rates Subject to Change After the Account is Opened. Fees could reduce earnings.
Checking Account Type
Min. Balance
Monthly Fee
APY*
Basic/Regular Share DraftNoneNoneNone
Primetime Share DraftNoneNone0.05%
Super Share Draft$2000.00$4.000.05%
Super Plus Share Draft - Linked$3,000.00$5.000.05%


Checking Line of Credit

Credit Line
APR**
$500.00 - $10,000.0013.88%

Money Market

Average Daily Balance
APY*
$2,500.00 - $24,999.990.20%
$25,000.00 - $49,999.990.30%
$50,000.00 - $99,999.990.30%
$100,000.00 -$249,999.990.40%
$250,000.00 and over0.50%
Rates are accurate as of 10/30/14

Rates Subject to Change After the Account is Opened.

Loans

Loan Type
Auto-Pay***
APR**
Monthly Payment
Per $1000 Borrowed
Maximum Terms
(Months)
New & Used Vehicle (1 to 6 Years Old)1.99%$17.75 up to 60
New & Used Vehicle (1 to 6 Years Old)3.49%$15.4272
New & Used Vehicle (1 to 6 Years Old)3.99%$13.6784
Used Vehicle (7 Years Old)2.49%$28.8636
Used Vehicle (7 Years Old)2.99%$17.9760
Used Vehicle (7 Years Old)3.99%$15.6472
New & Used Vehicle(Driving Sense™)3.49%$18.19up to 60
New & Used Vehicle(Driving Sense™)4.49%$15.8772
New & Used Motorcycle, Boat, RV4.99%$18.87up to 60
Signature5.25%$85.7112
Signature5.99%$44.2424
Signature6.49%$30.6436
Signature9.99%$21.2460
Debt Consolidation9.49%$32.0236
Debt Consolidation9.99%$21.2460
Special Purpose5.49%$57.9318
Education6.90%$19.7660
Shared SecuredDividend + 2%$17.5860
Share Certificate SecuredDividend + 2%$17.7560

Credit Cards

Card Type
Credit Lines
APR**
VISA Platinum$7,500 to $25,0009.99%
MasterCard Gold$2,500 to $7,49911.99%
VISA Classic$250 to $2,49913.88%
MasterCard Classic$250 to $2,49913.88%

Mortgages

No Points
No Prepayment Penalty
Mtg. Type
Term
Conform
Jumbo
Rate
APR*
1 Year ARM15 or 30 Yrs.Up to $417,0002.000%2.961%
1 Year ARM15 or 30 Yrs.Over $417,0002.500%3.463%
2/2 Year ARM15 or 30 Yrs.Up to $417.0002.250%2.935%
2/2 Yr ARM15 or 30 Yrs.Over $417,0002.750%3.437%
3/1 Yr ARM15 or 30 Yrs.Up to $417,0002.500%2.946%
3/1 Yr ARM15 or 30 Yrs.Over $417,0003.000%3.449%
5/1 Yr ARM15 or 30 Yrs.Up to $417,0003.000%3.073%
5/1 Yr ARM15 or 30 Yrs.Over $417,0003.500%3.578%
7/1 Yr ARM15 or 30 Yrs.Up to $417,0003.500%3.323%
7/1 Yr ARM15 or 30 Yrs.Over $417,0004.000%3.833%

Home Equity Loan Second Mortgages up to 80% Loan To Value

No closing costs, in most instances except for state and/or county mortgage filing tax (where applicable)
No prepayment penalties
Combined Loan to Value
Term
APR**
Up to 80% CLTV5 Years3.750%, then Prime Adjusted annually
Maximum Rate 12%
Up to 80% CLTV10 Years3.750%, then Prime Adjusted annually
Maximum Rate 12%
Up to 80% CLTV15 Years3.750%, then Prime Adjusted annually
Maximum Rate 12%

Smart Fixed Rate Equity Loans

$75,000 Max Loan Amount.
No prepayment penalties
No closing costs, in most instances except for state and/or county mortgage filing tax (where applicable)
Combined Loan to Value
Term
APR**
Up to 80% CLTV5 Years4.000%
Up to 80% CLTV10 Years5.250%

Smart Home Equity Loan

Max Loan Amount: $75,000
No prepayment penalties
No closing costs, in most instances except for state and/or county mortgage filing tax (where applicable)
Combined Loan to Value
Term
APR**
Up to 80% CLTVMax 10 Years3.250%, then Prime minus 1% adjusted annually.
Max Rate (18%)

Home Equity Line of Credit

No prepayment penalties
Interest only minimum payments for the first 10 years
No closing costs, in most instances except for state and/or county mortgage filing tax (where applicable)
Combined Loan to Value
Term
APR**
Up to 80% CLTV25 Years2.750%, then Prime adjusted annually. Max Rate (12%)

Smart Home Equity Line of Credit

Max Loan Amount: $75,000
No prepayment penalties
Interest only minimum payments for the first 5 years
No closing costs, in most instances except for state and/or county mortgage filing tax (where applicable)
Combined Loan to Value
Term
APR**
Up to 80% CLTV25 Years2.750%, then Prime adjusted annually. Max Rate (12%)

 

Please note that the start rate (1st year rate) is the floor rate or the lowest rate the loan will ever have. This pertains to all ABE mortgages and equity loans.
The floor rate for the home equity lines of credit after the first year promotional rate is 3.75% APR, and the smart home equity lines credit floor is 3.25% APR, after the first year promotional rate.

***Auto-Pay: When direct deposit or automatic payroll deduction is utilized as the method of loan repayment. Annual percentage rates will increase by 1/4% after consummation if automatic payroll deduction or direct deposit is cancelled. Rates shown are the lowest rates offered for the products advertised. Applicants who do not qualify at these rates and terms may be offered credit at a higher rate and/or with different terms. All extensions of credit are subject to credit approval.

  • *APY = ANNUAL PERCENTAGE YIELD
  • **APR=ANNUAL PERCENTAGE RATE
  • ALL RATES/YIELDS ARE SUBJECT TO CHANGE AT ANY TIME.
  • ACCOUNTS FEDERALLY INSURED THROUGH N.C.U.A. TO AT LEAST $250,000.00
  • RETIREMENT ACCOUNTS ARE INSURED SEPARATELY TO AT LEAST $250,000.00
  • PLEASE CONTACT AN ABE EMPLOYEE FOR FURTHER INFORMATION ABOUT APPLICABLE
    FEES AND TERMS.
  • CLTV = COMBINED LOAN TO VALUE (1st plus 2nd Mortgage divided by Appraised Value)