SHARE RATES

Dividends based on credit union earnings

Alco Federal Credit Union offers you a number of other free or discounted services to its members. These services are simply meant to help enhance your benefits as a member of the credit union. Rates effective as of April 1, 2023.



Account type Minimum Dividend APY*
Shares** $5.00 0.25% 0.25%
IRA shares $500.00 0.65% 0.65%
Money market $2,500.00 0.35% 0.35%
Christmas club** No minimum 0.25% 0.25%
Vacation club** No minimum 0.25% 0.25%
IRA and Roth share certificates
12 month share certificate $500.00 1.25% 1.25%
36 month share certificate $500.00 2.00% 2.00%
Regular share certificates
6 month share certificate $500.00 1.00% 1.00%
12 month share certificate $500.00 1.50% 1.50%
7 month promo share certificate $500.00 4.25% 4.25%
15 month promo share certificate $500.00 3.25% 3.25%
*APY = Annual percentage yield. ** Minimum balance to earn dividend is $100.00
LOAN RATES

Rates are based on individual credit history and term.

Rates are subject to change without notice. Rates effective as of November 1, 2023



Loan type Term APR*
Visa Platinum credit card 7.99% - 14.99%
Visa Platinum rewards card 10.99% - 16.99%
New auto loans 24 months 4.00% - 14.25%
36 months 4.50% - 14.75%
48 months 4.65% - 14.90%
60 months 4.75% - 15.00%
72 months 5.50% - 8.25%
75 - 84 months 5.75% - 9.25%
120 months** 7.00% - 8.25%
Used auto loans 24 months 5.00% - 16.25%
36 months 5.50% - 16.75%
48 months 5.60% - 16.85%
60 months 5.70% - 16.95%
72 months 6.20% - 9.95%
75 - 84 months 6.70% - 10.45%
120 months** 7.95% - 9.50%
New other collateral loans 24 months 6.00% - 16.25%
36 months 6.25% - 16.50%
48 months 6.50% - 16.75%
60 months 6.75% - 9.50%
Used other collateral loans 24 months 6.50% - 16.75%
36 months 6.75% - 17.00%
48 months 7.00% - 17.25%
60 months 7.25% - 10.00%
Personal loans open-end 8.90% - 17.00%
Line of credit 8.90% - 17.00%
Overdraft protection 12.95%
Share secured loans 60 months 3.00% over share dividend
(floor: 4%)
*APR = annual percentage rate. **120 and 180 month terms are for mobile homes, boats, RVs, and luxury autos only.