At Evansville Federal Credit Union, we offer an assortment of rates on deposit products and a variety of loan rates to fit your needs.

Deposit Products

Rates as of January 9, 2017, subject to change without notice.

Business Savings Account

Minimum DepositMinimum to earn dividendsDividend RateAPY*
$100$2500.12%0.12%

Small Business Checking

Minimum DepositMinimum to earn dividendsDividend RateAPY*
$250$5000.08%0.08%

Business Analysis Checking

AmountMinimum depositMinimum to earn dividendsDividend RateAPY*
$2,500 - $4,999$500$2,5000.08%0.08%
$5,000 & up$500$5,0000.08%0.08%
Dividend rate is based on daily balance. If daily balance falls below $5,000 there will be a Monthly Service Charge of $7.50. A per item charge of $0.10 will be assessed on all deposited items and $0.10 on all checks exceeding 40 checks cleared per month.

Money Market - Business Services

AmountDividend RateAPY
$7,500 - $9,9990.20%0.20%
$10,000 - $24,9990.25%0.25%
$25,000 - $99,9990.35%0.35%
$100,000 & up0.35%0.35%
*APY - Annual Percentage Yield

Rates as of January 9, 2017, subject to change without notice.

 
TermMinimum depositDividend RateAPY*
3 month$1,0000.15%0.15%
6 month$1,0000.30%0.30%
1 year$1,0000.65%0.651%
2 year$1,0000.85%0.853%
3 year$1,0001.50%1.51%
4 year$1,0001.75%1.76%
5 year$1,0002.05%2.069%
IRA Savings Account$250.000.17%0.17%
IRA accounts are established weekly at a rate determined by the EFCU Board of Directors. Dividends will begin to accrue on the business day you make the deposit to your account. Dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day. Dividends are paid monthly. You may elect to have your dividends compound or paid to your savings account. We may impose a penalty if you withdraw any of the principal before the maturity date. Fees could reduce the earnings on the account.
*APY - Annual Percentage Yield

Rates as of January 9, 2017, subject to change without notice.

Savings Rates

TypeMinimum DepositMinimum to earn dividendsDividend RateAPY*
Savings Account$5.00$250.000.12%0.12%

Choice Checking™ Rates

AmountMinimum to earn dividendsDividend RateAPY*
$500+$5000.08%0.08%

Money Market Rates

TermMinimum depositDividend RateAPY*
$2,500 - $9,999$2,5000.15%0.15%
$10,000 - $24,999$10,0000.20%0.20%
$25,000 - $49,999$25,0000.30%0.30%
$50,000 and UP$50,00000.04%0.04%
Dividends on savings and checking accounts are established monthly at a rate determined by the EFCU Board of Directors. Dividends will begin to accrue on the business day you make the deposit to your account. Dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day. Dividends are paid monthly. Fees may reduce earnings.
*APY - Annual Percentage Yield

Rates as of March 17, 2017, subject to change without notice.

TermMinimum depositDividend RateAPY*
3 month$1,0000.15%0.15%
6 month$1,0000.30%0.30%
1 year$1,0000.65%0.651%
1 Year Save to Win**$250.65%0.651%
2 year$1,0000.85%0.853%
3 year$1,0001.50%1.51%
4 year$1,0001.75%1.76%
5 year$1,0002.05%2.069%
Share Certificates are established weekly at a rate determined by the EFCU Board of Directors. Dividends will begin to accrue on the business day you make the deposit to your account. Dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day. Dividends are paid monthly. You may elect to have your dividends compound or paid to your savings account. We may impose a penalty if you withdraw any of the principal before the maturity date. Fees could reduce the earnings on the account.
*APY - Annual Percentage Yield
** Save to Win - click here for more info

Loan Rates

Rates as of February 1, 2017, subject to change without notice.

The annual percentage rates (APR) may be as low as the percentage indicated and includes a .25% discount for automatic withdrawal from an EFCU deposit account, subject to loan approval.

Consult an EFCU Loan Officer for details at 812-424-2621, option 3.

 
Model YearAmountTermAPRPayment Example per $1,000 Borrowed
2017-201560 months2.75%$17.86
2017-201566 months2.75%$16.35
2017-2015Over $20,00072 months3.20%$15.29
2017-2015Over $25,00084 months5.00%$14.14
2014-201360 months2.85%$17.90
2014-201366 months2.85%$16.39
2014-2013Over $20,00072 months3.25%$15.31
2012-201160 months3.50%$18.19
2010 and older60 months4.50%$18.65

Rates as of April 1, 2017, subject to change without notice.

Fixed Rate 2nd Mortgage 

Minimum $5,000
Up to 90% loan-to-value (LTV)
Terms available up to 100% LTV

TermAPRPayment Example per $1,000 Borrowed
60 month4.00%$18.42
120 month4.50%$10.37
180 month5.25%$8.04
Payment Examples do not include amounts for taxes or insurance premiums. Your actual payment information may vary.

Home Equity Line of Credit

Variable Rate
Visa Credit Card Access
No Annual Fee

TermAPR
90% LTV3.50%
100% LTV4.75%
Effective April 1, 2017, current Prime Rate is 4.00%. The index for the variable rate is the Wall Street Journal Prime Rate. Maximum annual percentage rate is 17%. Closing costs are estimated between $100 to $425.

Rates as of April 19, 2017, subject to change without notice.

Our Mortgage Specialists are here for you! Call 812-424-2621

  • ext. 223 - Melissa Westenbarger, Vogel Branch 
  • ext. 423 - Jim Phelps, Vogel Branch
TermRatePointsAPR*Payment Example per $1,000 Borrowed
30 Year3.875%0.0004.010%$4.70
30 Year3.625%1.0003.839%$4.56
20 Year3.750%0.0004.941%$5.93
15 Year3.250%0.0003.492%$7.03
15 Year3.125%1.0003.513%$6.97
VA (30 Year)3.875%0.0003.995%$4.70
*APR based on $100,000 loan amount with 20% down payment except VA products. Rates subject to change. The interest rate may be as low as the % indicated. A member's rate is determined by an automated underwriting system. Payment Examples do not include amounts for taxes or insurance premiums. Your actual payment information may vary.

Rates as of January 9, 2017, subject to change without notice.

The annual percentage rates (APR) may be as low as the percentage indicated and includes a .25% discount for automatic withdrawal from an EFCU deposit account, subject to loan approval.
Loan TypeTermAPRPayment Example per $1,000 Borrowed
Signature/Personal
Up to $4,99936 months9.25%$30.83
$5,000 - $7,49948 months9.25%$25.00
$7,500 - $10,00060 months9.25%$20.88
Signature Line of Creditn/a12.00%$30.00
Share Secured60 months3.50%$18.19
Share Certificate SecuredDue at certificate maturity plus 3%Due at certificate maturity plus 3%N/A

Rates as of February 1, 2017, subject to change without notice.

The annual percentage rates (APR) may be as low as the percentage indicated and includes a .25 % discount for automatic withdrawal from an EFCU deposit account, subject to loan approval.

Consult an EFCU Loan Officer for details at 812-424-2621 option 3.

Boats and RV Loans

 
Model YearAmountTermAPRPayment Example per $1,000 Borrowed
2017-201560 months4.00%$18.42
2017-2015Over $10,00072 months5.00%$16.11
2017-2015Over $20,00084 months6.50%$14.86
2017-2015Over $30,000120 months7.00%$11.62
2014 and olderup to 72 months5.25%$16.22

Motorcycle Loans

 
Model YearAmountTermAPRPayment Example per $1,000 Borrowed
2017-201560 months2.75%$17.86
2017-2015Over $500066 months2.99%$16.46
2017-2015Over $10,00072 months3.50%$15.42
2014-201360 months3.25%$18.08
2014-2013Over $5,00066 months3.50%$16.68
2014-2013Over $10,00072 months4.25%$15.76
2012-201160 months3.75%$18.31
2010 & Older60 Months4.75%$18.76

Rates as of January 9, 2017, subject to change without notice.

 
 APR
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