Current Rates
Rochester & Monroe County Federal Credit Union is committed to providing the best options for our members. With lower fees and better fixed and variable interest rates than ordinary banks, we’re able to help our members save more interest on loans and earn more on your savings.
If you need more information about current rates, please call us at (585) 546-4279.
Current Rates
Savings
Effective as of: November 1, 2023
|
Description
|
Rate
|
APY*
|
|
Share/Savings
|
0.05%
|
0.05%
|
* Annual Percentage Yield
Share Certificate
Effective as of: November 1, 2023
|
Term
|
Rate
|
APY*
|
|
91 Day Share Certificate
|
1.15%
|
1.15%
|
|
6 Month Share Certificate
|
1.50%
|
1.51%
|
|
9 Month Share Certificate
|
1.50%
|
1.51%
|
|
11 Month SPECIAL
|
4.50%
|
4.57%
|
|
12 Month Share Certificate
|
1.75%
|
1.76%
|
|
15 Month Share Certificate
|
1.75%
|
1.76%
|
|
24 Month Share Certificate
|
2.00%
|
2.01%
|
|
36 Month Share Certificate
|
2.25%
|
2.27%
|
|
48 Month Share Certificate
|
2.50%
|
2.52%
|
|
60 Month Share Certificate
|
2.75%
|
2.78%
|
Our Share Certificates come in all sizes: Rates are based on weekly changes in Treasury Bill auctions. History proves that your Credit Union has consistently paid higher Annual Percentage Yields over the last five years. There is a substantial penalty for early withdrawal from the principal of all certificates.
Mortgage Rates
Effective as of: November 1, 2023
|
Length
|
Rate
|
|
First Mortgage (15 Year)
|
7.250%
|
|
First Mortgage (20 Year)
|
7.375%
|
|
First Mortgage (30 Year)
|
7.500%
|
Variable Rate HE L-O-C (Home Equity Line Of Credit)
Effective as of: November 1, 2023
|
|
APR
|
Length
|
|
Home Equity Line of Credit w/80% LTV*
|
6.50% Floor
|
10 Year Term
|
|
Home Equity Line of Credit w/90% LTV*
|
7.00% Floor
|
10 Year Term
|
*Based on prime
Personal Credit
Effective as of: November 1, 2023
|
Description
|
APR
|
Maximum Limit
|
|
VISA
|
11.90%
|
|
|
Secured VISA
|
18.00%
|
|
|
Personal Loan 1 – A Category Credit Score
|
8.50%
|
$ 25,000.00
|
|
Personal Loan 2 – B Category Credit Score
|
9.00%
|
$ 25,000.00
|
|
Personal Loan 3 – C Category Credit Score
|
10.00%
|
$ 20,000.00
|
|
Personal Loan 4 – D Category Credit Score
|
11.00%
|
$ 5,000.00
|
|
Personal Loan 5 – E Category Credit Score
|
16.00%
|
$ 2,500.00
|
|
Recreational
|
7.50%
|
$ 75,000.00
|
Auto Loans
Model Year’s 2023 – 2024
Effective as of: November 1, 2023
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
6.25%
|
7.25%
|
9.23%
|
12.26%
|
18.00%
|
|
up to 60 months
|
6.25%
|
7.85%
|
9.83%
|
12.83%
|
18.00%
|
|
up to 66 months
|
7.05%
|
8.04%
|
10.01%
|
12.99%
|
18.00%
|
|
up to 72 months
|
7.25%
|
8.27%
|
10.31%
|
13.30%
|
18.00%
|
|
up to 84 months
|
8.26%
|
9.24%
|
11.24%
|
14.24%
|
18.00%
|
Model Years 2018 – 2022
Effective as of: November 1, 2023
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
7.25%
|
8.27%
|
10.31%
|
12.85%
|
18.00%
|
|
up to 60 months
|
7.25%
|
8.63%
|
10.63%
|
13.63%
|
18.00%
|
|
up to 66 months
|
8.46%
|
9.47%
|
11.44%
|
15.41%
|
18.00%
|
|
up to 72 months
|
9.46%
|
10.45%
|
12.47%
|
16.51%
|
18.00%
|
|
up to 84 months
|
10.46%
|
11.48%
|
n/a
|
n/a
|
n/a
|
Model Year’s 2014 – 2017
Effective as of: November 1, 2023
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
7.76%
|
8.73%
|
10.75%
|
13.22%
|
18.00%
|
|
up to 60 months
|
8.46%
|
9.47%
|
11.44%
|
14.40%
|
18.00%
|
|
up to 66 months
|
8.86%
|
9.85%
|
11.83%
|
15.85%
|
n/a
|
|
up to 72 months
|
9.86%
|
10.90%
|
12.92%
|
17.01%
|
n/a
|
|
up to 84 months
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
Individual Retirement Account
Effective as of: November 1, 2023
|
|
Rate
|
APY*
|
|
Individual Retirement Account
|
0.75%
|
0.75%
|
Money Market
Effective as of: November 1, 2023
|
Description
|
Rate
|
APY*
|
|
Money Market < $2,500.00
|
0.05%
|
0.05%
|
|
Money Market $2,500.00 – $9,999.99
|
0.30%
|
0.30%
|
|
Money Market $10,000.00 – $24,999.99
|
0.45%
|
0.45%
|
|
Money Market $25,000.00 – $49,999.99
|
055%
|
0.55%
|
|
Money Market $50,000.00 and over
|
0.60%
|
0.60%
|