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, weāre 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: March 29, 2022
|
Description
|
Rate
|
APY*
|
|
Share/Savings
|
0.05%
|
0.05%
|
* Annual Percentage Yield
Share Certificate
Effective as of: Effective as of March 29, 2022
|
Term
|
Rate
|
APY*
|
|
91 Day Share Certificate
|
0.25
|
0.25%
|
|
6 Month Share Certificate
|
0.30%
|
0.30%
|
|
9 Month Share Certificate
|
0.30%
|
0.30%
|
|
12 Month Share Certificate
|
0.499%
|
0.50%
|
|
15 Month Share Certificate
|
0.648%
|
0.65%
|
|
24 Month Share Certificate
|
0.648%
|
0.65%
|
|
36 Month Share Certificate
|
0.747%
|
0.75%
|
|
48 Month Share Certificate
|
0.797%
|
0.80%
|
|
60 Month Share Certificate
|
0.797%
|
0.80%
|
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: June 28, 2022
|
Length
|
Rate
|
|
First Mortgage (15 Year)
|
5.00%
|
|
First Mortgage (20 Year)
|
5.375%
|
|
First Mortgage (30 Year)
|
5.625%
|
Variable Rate HE L-O-C (Home Equity Line Of Credit)
Effective as of: March 29, 2022
|
|
APR
|
Length
|
|
Home Equity Line of Credit w/80% LTV*
|
5.00% Floor
|
10 Year Term
|
|
Home Equity Line of Credit w/90% LTV*
|
5.50% Floor
|
10 Year Term
|
*Based on prime
Personal Credit
Effective as of: May 16, 2022
|
Description
|
APR
|
|
VISA
|
9.50%
|
|
Personal Loan 1 – A Category Credit Score
|
7.50%
|
|
Personal Loan 2 – B Category Credit Score
|
8.00%
|
|
Personal Loan 3 – C Category Credit Score
|
9.00%
|
|
Personal Loan 4 – D Category Credit Score
|
11.00%
|
|
Personal Loan 5 – E Category Credit Score
|
16.00% $2,500.00 maximum
|
|
Recreational
|
6.25%
|
|
Home Improvement Loan
|
7.00%
|
|
Share Savings Pledge
|
2.50%
|
Auto Loans
Model Year’s 2022 – 2023
Effective as of: Aug 12, 2022
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
4.00%
|
4.80%
|
6.38%
|
8.81%
|
13.66%
|
|
49 – 60 months
|
4.00%
|
5.28%
|
6.86%
|
9.27%
|
14.83%
|
|
63 – 66 months
|
4.64%
|
5.43%
|
7.01%
|
9.39%
|
15.96%
|
|
67 – 72 months
|
4.80%
|
5.62%
|
7.25%
|
9.64%
|
17.26%
|
|
73 – 84 months
|
5.61%
|
6.39%
|
7.99%
|
N/A
|
N/A
|
Model Years 2016 – 2021
Effective as of: Aug 12, 2022
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
4.80%
|
5.62%
|
7.25%
|
9.28%
|
14.10%
|
|
49 – 60 months
|
4.80%
|
5.91%
|
7.50%
|
9.90%
|
15.15%
|
|
63 – 66 months
|
5.77%
|
6.57%
|
8.15%
|
11.33%
|
16.77%
|
|
67 – 72 months
|
6.57%
|
7.36%
|
8.98%
|
12.21%
|
18.07%
|
|
73 – 84 months
|
7.37%
|
8.18%
|
N/A
|
N/A
|
N/A
|
Model Year’s 2011 – 2015
Effective as of: Aug 12, 2022
|
|
A
|
B
|
C
|
D
|
E
|
|
up to 48 months
|
5.20%
|
5.99%
|
7.60%
|
9.58%
|
N/A
|
|
49 – 63 months
|
5.77%
|
6.57%
|
8.15%
|
10.52%
|
N/A
|
|
64 – 66 months
|
6.09%
|
6.88%
|
8.46%
|
11.68%
|
N/A
|
|
67 – 72 months
|
6.89%
|
7.72%
|
9.34%
|
12.61%
|
N/A
|
|
73 – 84 months
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
Individual Retirement Account
Effective as of: November 15, 2021
|
|
Rate
|
APY*
|
|
Individual Retirement Account
|
0.025%
|
0.025%
|
Money Market
Effective as of: November 15, 2021
|
Description
|
Rate
|
APY*
|
|
Money Market < $2,500.00
|
0.05%
|
0.05%
|
|
Money Market $2,500.00 – $9,999.99
|
0.05%
|
0.05%
|
|
Money Market $10,000.00 – $24,999.99
|
0.08%
|
0.08%
|
|
Money Market $25,000.00 – $49,999.99
|
0.10%
|
0.10%
|
|
Money Market $50,000.00 and over
|
0.15%
|
0.15%
|
Fees
ATM or Debit Card Fees
Effective as of: June 29, 2022
|
Description
|
Fee
|
|
Replacement ATM or Debit Card
|
$5.00
|
|
Rush delivery ATM/Debit Card
|
$30.00
|
Loan Fees
Effective as of: June 29, 2022
|
Description
|
Fee
|
|
Mortgage Loan Late Fee after 15 Days
|
$35.00
|
|
Skip-A-Pay
|
$25.00
|
CheckingĀ Fees
Effective as of: June 29, 2022
|
Description
|
Fee
|
|
Copy of Share Draft
|
$3.00
|
|
Stop Payment on Share Draft
|
$35.00
|
|
Returned Share Draft/ACH
|
$35.00
|
|
Protest a Check or Draft
|
$20.00
|
|
Manual Transfer Overdraft Protection
|
$5.00
|
|
Member Initiated Transfer
|
FREE
|
|
Automatic Overdraft Protection
|
FREE
|
General Fees
Effective as of: June 29, 2022
|
Description
|
Fee
|
|
IRA Enrollment Fee
|
$5.00
|
|
IRA Annual Fee
|
$20.00
|
|
IRA Premature Withdrawal Fee
|
$10.00
|
|
Inactive Account Fee
|
$20.00
|
|
Club Account Close Fee
|
$5.00
|
|
New Member Fee
|
$1.00
|
|
Check Issue to Non-Owner
|
$5.00
|
|
Returned Check Deposited
|
$20.00
|
|
Returned
Electronic Transaction
|
$35.00
|
|
Stop Payment on Automatic Debit
|
$35.00
|
|
Statement Copies (hourly fee plus page fee)
|
$20.00
|
|
Statement Copies per page
|
$0.25
|
|
Returned Mail-Bad Address (per item)
|
$5.00
|