Loan Center
Welcome to our online loan center! Please check out our loan rates, mortgage rates, or even fill out an online loan application.
Loans
Your Credit Union offers every type of consumer loan:
- Automobile
- Bill consolidation
- Personal
- Home Improvement
- Home Equity Line of Credit
A big advantage is that all of your loan obligations can be budgeted and paid through payroll deduction.
VISA
Your Credit Union has one of the best VISA cards in town. Just look at some of the advantages:
- Competitive interest rate
- No annual fee
- No late charges
- No finance charges on purchases for the first 25 days
- Payments through payroll deduction available
Students Loan
Apply for students loan or call 1-855-756-5626.
Loan Applications
To apply for a loan, follow the 3 easy steps:
- Download the loan application.
- Complete the application form.
- Save the loan application document on your computer, then close the document.
- Send the application to us in one of the following ways:
- e-mail by attaching the document then send to loans@rocmon.org
- FAX to 585-546-3745
- US Mail: 460 N. Goodman Street, Rochester, NY 14609
- Please note that a copy of a recent pay stub is required to close the loan.
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Rates
Loan Rates Schedule of Fees Investment Rates Share Certificate
| Savings | ||
| Saving at your Credit Union is easier than at a bank. When you save in your share or savings account, you earn quarterly dividends. If you want money, you can withdraw it in person. If that's not convenient, you can ask the Credit Union to send you a check (which is always mailed out that same day). You can also transfer money from one account to another by phone, or with CU Connect. Simple as that! | ||
| Checking | ||
| Your Credit Union checking share draft account works like most other checking accounts. However, there are some real advantages: | ||
| Dividends are credited quarterly | ||
| No monthly service charge* | ||
| No minimum balance | ||
| Duplicate format checks | ||
| No per check charge | ||
| Itemized monthly statements | ||
| Automatic payroll deduction | ||
| Overdraft check protection | ||
| ATM debit card | ||
| *Other fees may apply | ||
| IRA | ||
| An IRA is a must for a better retirement. Your credit Union IRA is an open-ended savings account (no term commitment). These accounts have several excellent features: | ||
| Variable rate | ||
| For you and your spouse (even if he or she is not working) | ||
| Fully insured | ||
| Dividends are credited quarterly | ||
| Small administrative fees | ||
| Early withdrawals are subject to IRS penalties. | ||
| Money Market Accounts | ||
| A Money Market Account is a great way to save money, with a low $2,500 opening deposit. You get a lot of pluses with your Credit Union: | ||
| Deposit of $50,000 or more is required for the highest rate | ||
| Higher than bank or fund rates | ||
| No penalty charges for withdrawal | ||
| Insured up to $250,000 | ||
| Three transactions per month | ||
| Monthly statements | ||
| Dividends are credited monthly | ||
| Savings / Money Market / IRA | ||
| Description | Rate | APY* |
| Regular Share Savings | 0.05% | 0.05% |
| Money Market 0.00 - $2,499.99 | 0.05% | 0.05% |
| Money Market $2,500.00 - $9,999.99 | 0.15% | 0.15% |
| Money Market $10,000.00 - $24,999.99 | 0.25% | 0.25% |
| Money Market $25,000.00 - $49,999.99 | 0.35% | 0.35% |
| Money Market $50,000.00 and over | 0.45% | 0.45% |
| Individual Retirement Account | .60% | .60% |
| * Annual Percentage Yield | ||
Calculators
The calculators are for limited informational purposes only.
Financial decisions should not be made based solely on the results from these calculators.
Always consult with your accountant or other professional advisors when making
such decisions.