Rates

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Savings Accounts & IRAs

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Share Savings
Effective Date: Monday, December 5, 2016
TypeBalanceDividend Rate**APY*
Share Savings $100 - $9,999 0.20% DR 0.20% APY
IRA Share Savings $5 - $9,999 0.20% DR 0.20% APY
Savings & IRA Share Savings $10,000 - $49,999 0.30% DR 0.30% APY
Savings & IRA Share Savings $50,000 and over 0.40% DR 0.40% APY

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment.

**Dividend rate and APY may change at the discretion of the Board of Directors.

 

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Checking Accounts

Share Draft Checking
Effective Date: Monday, December 5, 2016
TypeBalanceDividend Rate**APY*
Money ManagerS1 $500 and over 0.15% DR 0.15% APY
Quick CashS2 $15 initial deposit N/A N/A

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment.

**Dividend rate and APY may change at the discretion of the Board of Directors.

S1 Annual Percentage Yield as of effective date. There is no monthly service charge on member's first two Money Manager share draft checking accounts ($5 charge per month for each additional account); 10 ATM transactions per month at CU Anytime locations with no additional SLFCU service charge (additional transactions at CU anytime locations $0.50 and at other ATMs $0.75 each). Surcharges may be added at ATMs owned by other institutions, so look for CO-OP ATMs whenever you travel.

S2 There is no monthly service charge on member's first two Quick Cash share draft checking accounts ($5 per month for each additional account); 20 free ATM transactions per month at CU Anytime locations  with no additional SLFCU service charge (additional transactions for $0.75 each). Surcharges may be added at ATMs owned by other institutions, so look for CO-OP ATMs whenever you travel.

 

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Money Market Savings

Money Market Savings
Effective Date: Monday, December 5, 2016
BalanceMinimum BalanceDividend Rate**APY*
$2,500 - $9,999 $2,500.00 0.35% DR 0.35% APY
$10,000 - $24,999 $2,500.00 0.40% DR 0.40% APY
$25,000 - $49,999 $2,500.00 0.45% DR 0.45% APY
$50,000 and over $2,500.00 0.50% DR 0.50% APY

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment.

**Dividend rate and APY may change at the discretion of the Board of Directors.

 

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Term Share Certificates

Term Share Certificates
Effective Date: Monday, December 5, 2016
TermBalanceMinimum Balance to OpenDividend Rate**APY*
6 - 11 monthsS3 $1,000 - $49,999 $1,000.00 0.40% DR 0.40% APY
6 - 11 monthsS3 $50,000 - $99,999 $1,000.00 0.50% DR 0.50% APY
6 - 11 monthsS3 $100,000 - $199,000 $1,000.00 0.60% DR 0.60% APY
6 - 11 monthsS3 $200,000 and over $1,000.00 0.70% DR 0.70% APY
12 - 23 monthsS3 $1,000 - $49,999 $1,000.00 0.45% DR 0.45% APY
12 - 23 monthsS3 $50,000 - $99,999 $1,000.00 0.55% DR 0.55% APY
12 - 23 monthsS3 $100,000 - $199,000 $1,000.00 0.65% DR 0.65% APY
12 - 23 monthsS3 $200,000 and over $1,000.00 0.75% DR 0.75% APY
18 month bump rateS3, S4 $2,000 - $49,999 $2,000.00 0.60% DR 0.60% APY
18 month bump rateS3, S4 $50,000 - $99,000 $2,000.00 0.70% DR 0.70% APY
18 month bump rateS3, S4 $100,000 - $199,000 $2,000.00 0.80% DR 0.80% APY
18 month bump rateS3, S4 $200,000 and over $2,000.00 0.90% DR 0.90% APY
24 - 35 monthsS3 $1,000 - $49,999 $1,000.00 0.85% DR 0.85% APY
24 - 35 monthsS3 $50,000 - $99,999 $1,000.00 0.95% DR 0.95% APY
24 - 35 monthsS3 $100,000 - $199,000 $1,000.00 1.05% DR 1.06% APY
24 - 35 monthsS3 $200,000 and over $1,000.00 1.15% DR 1.16% APY
36 monthsS3 $1,000 - $49,000 $1,000.00 1.45% DR 1.46% APY
36 monthsS3 $50,000 - $99,000 $1,000.00 1.55% DR 1.56% APY
36 monthsS3 $100,000 - $199,000 $1,000.00 1.65% DR 1.66% APY
36 monthsS3 $200,000 and over $1,000.00 1.75% DR 1.77% APY
48 month variable rateS3, S5 $1,000 - $49,999 $1,000.00 0.99% DR 1.00% APY
48 month variable rateS3, S5 $50,000 - $99,999 $1,000.00 1.09% DR 1.10% APY
48 month variable rateS3, S5 $100,000 - $199,000 $1,000.00 1.19% DR 1.20% APY
48 month variable rateS3, S5 $200,000 and over $1,000.00 1.29% DR 1.30% APY

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term.  Share accounts are federally insured to at least $250,000 by the National Credit union Administration (NCUA), an agency of the US Government.  Yields determined at the time of investment. 

**Dividend Rate and APY may change at the discretion of the Board of Directors.

S3 A penalty may be imposed for early withdrawal.

S4 The dividend rate and APY of the 18 month "bump rate" certificate may be changed to the current dividend rate and APY one time during the term at the owner's option.

S5 The dividend rate and APY of the 48 month certificate are variable.

 

IRA Term Share Certificates

Call 800.947.5328 to open an IRA.

IRA Term Share Certificates
Effective Date: Monday, December 5, 2016
TermBalanceMinimum Balance to OpenIRA Dividend Rate**APY*
6 - 11 monthsS3 $1,000 - $49,999 $1,000.00 0.50% DR 0.50% APY
6 - 11 monthsS3 $50,000 - $99,999 $1,000.00 0.60% DR 0.60% APY
6 - 11 monthsS3 $100,000 - $199,999 $1,000.00 0.70% DR 0.70% APY
6 - 11 monthsS3 $200,000 and over $1,000.00 0.80% DR 0.80% APY
12 - 23 monthsS3 $1,000 - $49,999 $1,000.00 0.55% DR 0.55% APY
12 - 23 monthsS3 $50,000 - $99,999 $1,000.00 0.65% DR 0.65% APY
12 - 23 monthsS3 $100,000 - $199,999 $1,000.00 0.75% DR 0.75% APY
12 - 23 monthsS3 $200,000 and over $1,000.00 0.85% DR 0.85% APY
18 month bump rateS3,S4 $2,000 - $49,999 $2,000.00 0.70% DR 0.70% APY
18 month bump rateS3,S4 $50,000 - $99,999 $2,000.00 0.80% DR 0.80% APY
18 month bump rateS3,S4 $100,000 - $199,999 $2,000.00 0.90% DR 0.90% APY
18 month bump rateS3,S4 $200,000 and over $2,000.00 1.00% DR 1.01% APY
24 - 35 monthsS3 $1,000 - $49,999 $1,000.00 0.95% DR 0.95% APY
24 - 35 monthsS3 $50,000 - $99,999 $1,000.00 1.05% DR 1.06% APY
24 - 35 monthsS3 $100,000 - $199,999 $1,000.00 1.15% DR 1.16% APY
24 - 35 monthsS3 $200,000 and over $1,000.00 1.25% DR 1.26% APY
36 monthsS3 $1,000 - $49,999 $1,000.00 1.55% DR 1.56% APY
36 monthsS3 $50,000 - $99,999 $1,000.00 1.65% DR 1.66% APY
36 monthsS3 $100,000 - $199,999 $1,000.00 1.75% DR 1.77% APY
36 monthsS3 $200,000 and over $1,000.00 1.85% DR 1.87% APY
48 month variable rateS3,S5 $1,000 - $49,999 $1,000.00 0.99% DR 1.00% APY
48 month variable rateS3,S5 $50,000 - $99,999 $1,000.00 1.09% DR 1.10% APY
48 month variable rateS3,S5 $100,000 - $199,999 $1,000.00 1.19% DR 1.20 APY
48 month variable rateS3,S5 $200,000 and over $1,000.00 1.29% DR 1.30% APY

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the US Government. Yields determined at the time of investment.

**Dividend rate and APY may change at the discretion of the Board of Directors.

S3 A penalty may be imposed for early withdrawal.

S4 The dividend rate and APY of the 18-month "bump rate" certificate may be changed to the current dividend rate and APY one time during the term at the owner's option.

S5 The dividend rate and APY of the 48-month certificate are variable.

 

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New Vehicles

New Vehicles
Effective Date: Monday, December 5, 2016
TermAPR C1
All terms up to 84 months As low as 2.25% APR
Same rate new/used, all terms. Qualified borrowers may defer payments for 90 days after loan origination. Interest will continue to accrue. 100% financing available. Vehicles from the current or two previous model years and mileage =<25,000 qualify for new car rates.

C1 Non-variable rate loans, 100% financing available including tax, title, license and extended warranties. Available rate is based on credit history and term and may be higher than rates listed here. All loans subject to credit approval. Rates subject to change without notice.

2016 Auto Loan Promotion Details
Qualified borrowers may defer payments for 90 days after loan origination. Interest will continue to accrue. Available rate is based on credit history and may be higher than rate listed here. Rate subject to change without further notice. Offer applies to loans new to SLFCU. Not everyone will qualify for the lowest rate.

 

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Used Vehicles

Used Vehicles
Effective Date: Monday, December 5, 2016
TermAPR C1
All terms up to 72 months As low as 2.25% APR
Same rate new/used, all terms. Qualified borrowers may defer payments for 90 days after loan origination. Interest will continue to accrue. 100% financing available. Vehicles from the current or two previous model years and mileage =<25,000 qualify for new car rates.

C1 Non-variable rate loans, 100% financing available including tax, title, license and extended warranties. Available rate is based on credit history and term and may be higher than rates listed here. All loans subject to credit approval. Rates subject to change without notice.

2016 Auto Loan Promotion Details
Qualified borrowers may defer payments for 90 days after loan origination. Interest will continue to accrue. Available rate is based on credit history and may be higher than rate listed here. Rate subject to change without further notice. Offer applies to loans new to SLFCU. Not everyone will qualify for the lowest rate.

 

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Other Vehicles

Other Vehicles
Effective Date: Monday, December 5, 2016
TypeNotesTermAPR C2
New Recreational Vehicles 80% financing available Up to 180 months As low as 5.95% APR
Used Recreational Vehicles Previous model year and up to 10 years old: 80% financing available Up to 180 months As low as 5.95% APR
New Motorcycles, ATVs, Boats, Boat Motors, Trailers 80% financing available Up to 120 months As low as 5.95% APR
Used Motorcycles, ATVs, Boats, Boat Motors, Trailers Previous model year and up to 10 years old: 80% financing available Up to 120 months As low as 5.95% APR

C6 Fixed-rate loan; rates offered subject to change; not everyone will qualify for lowest rate. Available rate is based on credit history and term and may be higher than rate(s) listed here. All loans subject to credit approval. Term based on amount financed.

 

Owner Occupied 1st Mortgage Loans

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Owner Occupied 1st
Effective Date: Monday, December 5, 2016
NameTypeTermNotesRate 1st 5 YearsAPRCurrent Calculation of Rate Remaining Term*
SmartValue™ 5/5 Adjustable Rate MortgageM6 1st 30 Years Rate and payment locked in for 5 year periods. 2.99% 3.90% 4.000%
Jumbo SmartValue™ 5/5 Adjustable Rate MortgageM6 1st 30 Years

For loans over $417,000. Rate and payment locked in for 5 year periods.

2.99% 3.90% 4.000%

Valid for adjustable rate first mortgages for owner occupied properties. Construction loans and mobile home loans are excluded from this offer. Maximum loan-to-value is 80%. Rate for the remaining term adjusts every five years and is based on the then-current index plus margin, rounded to the nearest eighth of a percentage point, and subject to the floor rate. Index is the one-month average yield of the 10-Year Treasury Note. Rates subject to change; check with SLFCU for current rates. A $25 initial credit report fee applies to all loans. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive an estimate of closing costs when you apply. Consult your tax advisor regarding the deductibility of interest. You must insure the property that secures the loan. Fees subject to change without notice. If loan does not close, fees incurred will be charged to the member. APR Calculations are based on the following loan amounts for properties located in New Mexico or California: Non-Jumbo: $180,000, Jumbo: $500,000. All loans subject to credit approval. Contact SLFCU for details.

M6 Rate and payments adjust only once every 5 years. Rate is variable and can increase by no more than 2.5% every five years with a lifetime cap of 5.0%. 4.00% floor rate applies beginning at first adjustment.

Since the index in the future is unknown, the Current Calculation of the Rate for the Remaining Term displayed is based on the current index plus margin (fully indexed rate) as of the date above, subject to the floor rate of 4.00%.

 

Owner Occupied 2nd Mortgage Loans

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Owner Occupied 2nd
Effective Date: Monday, December 5, 2016
NameTypeTermNotesInitial RateAPRCurrent Calculation of Rate Remaining Term*
SmartValue™ 5/5 2ndM1 2nd w/ SLFCU 1st 20 Years Maximum combined loan-to-value is 95% in most markets. 4.50% 4.60% 4.500%
SmartValue™ 5/5 2ndM1 2nd w/o SLFCU 1st 20 Years Maximum combined loan-to-value is 90% in most markets. 4.50% 4.60% 4.500%

$25 initial credit report fee for all mortgages. Index is the one-month average yield of the 10-Year Treasury Note. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive an estimate of closing costs when you apply. Consult your tax advisor regarding the deductibility of interest. You must insure the property that secures the loan. Subject to credit approval. Fees subject to change without notice. APR Calculations are based on the following loan amounts: Non-Jumbo: $180,000, Jumbo: $500,000.

M1 Rate and payments adjust only once every 5 years. Rate is variable and can increase by no more than 2% every five years with a lifetime cap of 5%. 4.5% floor rate applies at first adjustment.

*Since the index in the future is unknown, the Current Calculation of the Rate for the Remaining Term displayed is based on the lower of the floor rate for the product or the current index plus margin (fully-indexed rate) as of the date above. Rates are rounded to the nearest eighth of a percentage point (0.125%)

 

Owner Occupied Home Equity CreditLines

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Owner Occupied HELOC
Effective Date: Monday, December 5, 2016
NameTypeTermRate 1st 3 MonthsAPRCurrent Calculation Rate Remaining Term**Maximum RateNotes
Home Equity CreditLineM2
(Variable Rate)
1st 20 Years 4.50% As low as 4.50% 4.500% 11.500% No annual fee
CreditLine minimums: $35,000 for a 1st, $10,000 for a 2nd
Home Equity CreditLineM2
(Variable Rate)
2nd w/ SLFCU 1st 20 Years 4.50% As low as 4.50% 4.500% 11.500% No annual fee
CreditLine minimums: $35,000 for a 1st, $10,000 for a 2nd
Home Equity CreditLineM2
(Variable Rate)
2nd w/o SLFCU 1st 20 Years 4.50% As low as 4.50% 4.500% 11.500% No annual fee
CreditLine minimums: $35,000 for a 1st, $10,000 for a 2nd

Special Home Equity CreditLine offer for Albuquerque area:

  • $0 closing costs for CreditLines of up to $50,000
  • $195 for CreditLines of $50,001-100,000
  • $195 + title fees for CreditLines over $100,000

M2 Variable rate line of credit with quarterly rate adjustments not to exceed 0.50% each, and rate is capped so it will never be more than 7% above the origination rate. Payments adjust with every draw and once a year if necessary. A $25 initial credit report fee applies to all mortgage loans. Ten-year draw period; 20-year repayment period.

**Since the index in the future is unknown, the Current Calculation of the Rate for the Remaining Term displayed is based on the lower of the floor rate for the product or the current index plus margin (fully-indexed rate) as of the date above. Rates are rounded to the nearest eighth of a percentage point (0.125%)

 

Non-Owner Occupied Mortgage Loans

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Non-Owner Occupied
Effective Date: Monday, December 5, 2016
NameTypeTermNotesInitial RateAPR
SmartARM™ MortgageM3 1st 15 years/30 year amortization Payments based on 30-year amortization; repayment term of 15 years, with a balloon payment at end. 5.00% 5.13%
SmartARM™ MortgageM3 2nd w/ SLFCU 1st 15 years/30 year amortization Payments based on 30-year amortization; repayment term of 15 years, with a balloon payment at end. 5.00% 5.13%
Home Equity CreditLineM4 1st 15 years Five year draw period and a 15-year repayment period. Jumbo loans are available; ask us for details. 5.50% 5.50%
Home Equity CreditLineM4 2nd w/ SLFCU 1st 15 years Five year draw period and a 15-year repayment period. Jumbo loans are available; ask us for details. 5.50% 5.50%
Vacant LandM5 1st 12 years   5.00% 5.27%

$25 initial credit report fee for all mortgages. Index is the six-month moving average of the yield of the 10-year U.S. Treasury Note. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive an estimate of closing costs when you apply. Consult your tax advisor regarding the deductibility of interest. You must insure the property that secures the loan. Subject to credit approval. Fees subject to change without notice. APR Calculations are based on the following loan amounts: Non-Jumbo: $180,000, Jumbo: $500,000, Vacant Land: $100,000.

M3 Variable rate loan adjusts up to 1% semi-annually and will not vary more than  6% from the rate at issue. 4.5% floor rate after origination. Loan payments adjusted every year if necessary. Payments based on 30-year amortization with a 15-year balloon term.

M4 Variable rate loan adjusts quarterly with adjustment not to exceed 1/2% and will not vary more than 7%. 5.5% floor rate. Payments adjust with every draw and once a year if necessary.

M5 Variable rate loan adjusts up to 1% semi-annually and will not vary more than 6% from the rate at issue. 5% floor rate. Loan payments adjusted every 2 years if necessary.

 

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Student Loans & Student Loan Consolidation

Education
Effective Date: Monday, December 5, 2016
TypeNotesTermAPR C3
Private Student Loan Borrow up to $30,000 annually Up to 180 months As low as 4.25% APR
Private Student Loan Consolidation Consolidate up to $100,000 Undergrad OR $150,000 Graduate Up to 180 months As low as 4.75% APR

C3 Variable rate loan. 4.0% floor rate. All loans subject to credit approval. Special conditions apply. Check with credit union for details.

 

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Credit Cards

Credit Cards
Effective Date: Monday, December 5, 2016
TypeAPR C4NotesFeatures
Visa Signature C4 10.90% APR This APR will vary with the market based on the Prime Rate. Earn 1.00% rebate on purchases. No annual fee, no balance transfer fee
Visa Platinum RebateC4 11.40% APR This APR will vary with the market based on the Prime Rate. Earn 0.75% rebate on purchases. No annual fee, no balance transfer fee
Visa Platinum ValueC4 9.15% APR This APR will vary with the market based on the Prime Rate. No annual fee, no balance transfer fee

C4 No penalty APR. $5 cash advance fee, 1% international transaction fee. Up to $25 late payment fee, up to $25 over-the-credit-limit fee, up to $25 returned payment fee. Check with SLFCU for additional details.

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Personal Loans/Lines of Credit

Personal Loans/Lines of Credit
Effective Date: Monday, December 5, 2016
TypeNotesTermAPR
Signature LoanC2   To 48 months As low as 9.74%
Signature LoanC2   49-60 months As low as 10.24%
Signature CreditLineC2 Borrow up to your approved credit limit 60 months As low as 10.49%

C2 Adjustable rate loan, subject to change, not everyone will qualify for lowest rate. Available rate is based on credit history and term and may be higher than rate(s) listed here.  All loans subject to credit approval. Term based on amount financed.

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Secured Loans

Secured Loans
Effective Date: Monday, December 5, 2016
TypeTermNotes
Share Secured LoanC5 Up to 60 months Loans are priced based on the dividend rate of the Share Savings account plus 1%. Contact SLFCU for details.
Share Certificate LoanC5 Up to 60 months Loans are priced based on the dividend rate of the Share Certificate account plus 1%. Contact SLFCU for details.
Share Certificate CredtiLineC5 60 months Loans are priced based on the dividend rate of the Share Certificate account plus 1%. Contact SLFCU for details.

C5 Variable rate loan. All loans subject to credit approval. Special conditions apply. Check with credit union for details.

 

PDF Rate Sheet

 

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