Rates

Rates are effective as of 09/22/97 and are subject to change without notice.

Account and Investment Services

Deposit Accounts

 Name Suffix Minimum APR YIELD
Statement Savings 0 $5 3.00% 3.03%
Checking 7 0 ---- ----
I.Q. Money Market 2 $2,500 4.47% 4.55%
Auxiliary Savings 3 0 3.00% 3.03%
Holiday Club 8 0 3.00% 3.03%
Vacation Club 9 0 2.50% 2.52%
Escrow Accounts 6 0 2.50% 2.52%
 

Certificates of Deposit

Term Minimum APR YIELD
3 month $500 4.89% 5.00%
6 month $500 5.25% 5.38%
12 month $500 5.50% 5.64%
24 month $500 5.80% 5.96%
30 month $500 5.85% 6.01%
36 month $500 5.90% 6.06%
48 month $500 6.00% 6.17%
60 month $500 6.10% 6.27%
84 month $500 6.15% 6.33%
 

Individual Retirement Accounts

 Account Minimum APR YIELD
IRA Accumulation $100 3.25% 3.29%
24 month $2,000 5.85% 6.01%
48 month $5,000 6.15% 6.33%
60 month $5,000 6.25% 6.43%
84 month $5,000 6.30% 6.49%
 
Financial Planning Service
A variety of financial planning and consulting services are offered through Members Financial Alternatives, Inc. (MFA). Call 610-383-5700 for information on: Mutual Funds / Tax Deferred Investments Estate Planning / Free Consultation.
 

Loan Services as of 7/97

Personal Loans Term Rate
Share Secured Loan Up to 84 months 8.75%
Signature Loan Up to 60 months 12.50%
Express Line of Credit $10,000 max. 13.50%
MasterCard¨ (variable) $10,000 max. 12.24%*
 

Vehicle Loans

New Car Loans APR
Up to 36 months (90% fin.) 7.75%
37 - 60 months (90% fin.) 8.15%
Up to 36 months (100% fin.) 8.60%
37 - 60 months (100% fin.) 8.70%
 

Used Car Loans

Financing based on NADA Values.
Model Year Term Rate Rate w/o Automatic Transfer
1997 60 months 8.55% 8.80
1996 60 months 8.55% 8.80
1995 48 months 8.95% 9.20
1994 48 months 9.40% 9.65
1993 36 months 9.65% 9.90
1992 36 months 10.30% 10.55
1991 36 months 11.10% 11.35
1990 36 months 12.10% 12.35
New Motorcycle Up to 36 months 10.90%  
Used Motorcycle Up to 24 months 11.90%  
 

Real Estate Secured Loans

Home Equity Up to 80% Loan to Value Rate
5 year 7.68%
10 year 7.93%
15 year 8.08%
20 year 8.37%
For loans with LTV's 81-100% add 1.00% to loan rate
 

Home Equity Line of Credit

Variable 9.49%

For other available loan types and rates call 1-800-666-0191

EZ Loan Service
Use your touch tone telephone to apply for a loan 24 hours-a-day, 7 days-a-week. Call 800-411-0416 and follow the guided prompts to apply. It's EZ! Call today!

All accounts are federally insured to $100,000 by the National Credit Union Administration, an agency of the U.S. Government. Financial planning, annuities and insurance offered through Members Financial Alternatives, a licensed insurance agency. Member NASD, SIPC and Chicago Stock Exchange. Insurance, annuities and securities are not insured by the NCUA. All rates are accurate as of time of printing and are subject to change without notice. Minimum account balances are as follows: Statement Savings - $5, I.Q. Money Market - $2,500, Certificates of deposit - $500 (excluding special offers), IRAs: $100 for Accumulation account, $2,000 for 24 month term, and $5,000 for terms of 48, 60 and 84 months. Transaction Limits: $200 withdrawal minimum on I.Q. Money Market. Early withdrawals on CDs are subject to penalty. All loan rates (except Express Line of Credit, MasterCard and Share Secured MasterCard) are based on .25% discount for automatic deduction.
*Great Valley's Mastercard features an adjustable rate which is reset annually in January. The rate equals the prime rate plus 3.99. MasterCard rate effective 1/1/97



Great Valley Credit Union
1250 Drummers Lane
Valley Forge, PA 19482
800-523-7282
www.gvcu.org
Send email to: info@gvcu.org