Rates

Mobile Rates      PDF Rate Sheet

Savings Rates

Loan Rates

Mortgage Rates

Savings Accounts & IRAs

Open an Account

Share Savings
Effective Date: Friday, April 18, 2014
TypeBalanceAPY*Dividend Rate**
Share Savings $100 - $9,999 0.20% APY 0.20% DR
IRA Share Savings $5 - $9,999 0.20% APY 0.20% DR
Savings & IRA Share Savings $10,000 - $49,999 0.30% APY 0.30% DR
Savings & IRA Share Savings $50,000 and over 0.40% APY 0.40% DR

*Annual Percentage Yield (APY) if dividends are not withdrawn during the term.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.

Return to top

Checking Accounts

Open an Account

Share Draft Checking
Effective Date: Friday, April 18, 2014
TypeBalanceAPY*Dividend Rate**
Money ManagerS1 $500 and over 0.15% APY 0.15% DR
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*Annual Percentage Yield (APY) if dividends are not withdrawn during the term.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 .$50 and at other ATMs $.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 $.75 each). Surcharges may be added at ATMs owned by other institutions, so look for CO-OP ATMs whenever you travel.

Return to top

Money Market Savings

Open an Account

Money Market Savings
Effective Date: Friday, April 18, 2014
BalanceMinimum BalanceAPY*Dividend Rate**
$2,500 - $9,999 $2,500.00 0.35% APY 0.35% DR
$10,000 - $24,999 $2,500.00 0.40% APY 0.40% DR
$25,000 - $49,999 $2,500.00 0.45% APY 0.45% DR
$50,000 and over $2,500.00 0.50% APY 0.50% DR

*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.

Return to top

Term Share Certificates

Open an Account

Term Share Certificates
Effective Date: Friday, April 18, 2014
TermBalanceMinimum BalanceAPY*Dividend Rate**
6 - 11 monthsS3 $1,000 - $49,999 $1,000.00 0.40% APY 0.40% DR
6 - 11 monthsS3 $50,000 - $99,999 $1,000.00 0.50% APY 0.50% DR
6 - 11 monthsS3 $100,000 - $199,000 $1,000.00 0.60% APY 0.60% DR
6 - 11 monthsS3 $200,000 and over $1,000.00 0.70% APY 0.70% DR
12 - 23 monthsS3 $1,000 - $49,999 $1,000.00 0.45% APY 0.45% DR
12 - 23 monthsS3 $50,000 - $99,999 $1,000.00 0.55% APY 0.55% DR
12 - 23 monthsS3 $100,000 - $199,000 $1,000.00 0.65% APY 0.65% DR
12 - 23 monthsS3 $200,000 and over $1,000.00 0.75% APY 0.75% DR
18 month bump rateS3, S4 $2,000 - $49,999 $2,000.00 0.60% APY 0.60% DR
18 month bump rateS3, S4 $50,000 - $99,000 $2,000.00 0.70% APY 0.70% DR
18 month bump rateS3, S4 $100,000 - $199,000 $2,000.00 0.80% APY 0.80% DR
18 month bump rateS3, S4 $200,000 and over $2,000.00 0.90% APY 0.90% DR
24 - 35 monthsS3 $1,000 - $49,999 $1,000.00 1.01% APY 1.00% DR
24 - 35 monthsS3 $50,000 - $99,999 $1,000.00 1.11% APY 1.10% DR
24 - 35 monthsS3 $100,000 - $199,000 $1,000.00 1.21% APY 1.20% DR
24 - 35 monthsS3 $200,000 and over $1,000.00 1.31% APY 1.30% DR
36 monthsS3 $1,000 - $49,000 $1,000.00 1.11% APY 1.10% DR
36 monthsS3 $50,000 - $99,000 $1,000.00 1.21% APY 1.20% DR
36 monthsS3 $100,000 - $199,000 $1,000.00 1.31% APY 1.30% DR
36 monthsS3 $200,000 and over $1,000.00 1.41% APY 1.40% DR
48 month variable rateS3, S5 $1,000 - $49,999 $1,000.00 0.40% APY 0.40% DR
48 month variable rateS3, S5 $50,000 - $99,999 $1,000.00 0.50% APY 0.50% DR
48 month variable rateS3, S5 $100,000 - $199,000 $1,000.00 0.60% APY 0.60% DR
48 month variable rateS3, S5 $200,000 and over $1,000.00 0.70% APY 0.70% DR

*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.

Return to top

IRA Term Share Certificates

Open an Account

IRA Term Share Certificates
Effective Date: Friday, April 18, 2014
TermBalanceMinimum BalanceAPY*IRA Dividend Rate**
6 - 11 monthsS3 $1,000 - $49,999 $1,000.00 0.50% APY 0.50% DR
6 - 11 monthsS3 $50,000 - $99,999 $1,000.00 0.60% APY 0.60% DR
6 - 11 monthsS3 $100,000 - $199,999 $1,000.00 0.70% APY 0.70% DR
6 - 11 monthsS3 $200,000 and over $1,000.00 0.80% APY 0.80% DR
12 - 23 monthsS3 $1,000 - $49,999 $1,000.00 0.55% APY 0.55% DR
12 - 23 monthsS3 $50,000 - $99,999 $1,000.00 0.65% APY 0.65% DR
12 - 23 monthsS3 $100,000 - $199,999 $1,000.00 0.75% APY 0.75% DR
12 - 23 monthsS3 $200,000 and over $1,000.00 0.85% APY 0.85% DR
18 month bump rateS3,S4 $2,000 - $49,999 $2,000.00 0.70% APY 0.70% DR
18 month bump rateS3,S4 $50,000 - $99,999 $2,000.00 0.80% APY 0.80% DR
18 month bump rateS3,S4 $100,000 - $199,999 $2,000.00 0.90% APY 0.90% DR
18 month bump rateS3,S4 $200,000 and over $2,000.00 1.01% APY 1.00% DR
24 - 35 monthsS3 $1,000 - $49,999 $1,000.00 1.11% APY 1.10% DR
24 - 35 monthsS3 $50,000 - $99,999 $1,000.00 1.21% APY 1.20% DR
24 - 35 monthsS3 $100,000 - $199,999 $1,000.00 1.31% APY 1.30% DR
24 - 35 monthsS3 $200,000 and over $1,000.00 1.41% APY 1.40% DR
36 monthsS3 $1,000 - $49,999 $1,000.00 1.21% APY 1.20% DR
36 monthsS3 $50,000 - $99,999 $1,000.00 1.31% APY 1.30% DR
36 monthsS3 $100,000 - $199,999 $1,000.00 1.41% APY 1.40% DR
36 monthsS3 $200,000 and over $1,000.00 1.51% APY 1.50% DR
48 month variable rateS3,S5 $1,000 - $49,999 $1,000.00 0.40% APY 0.40% DR
48 month variable rateS3,S5 $50,000 - $99,999 $1,000.00 0.50% APY 0.50% DR
48 month variable rateS3,S5 $100,000 - $199,999 $1,000.00 0.60% APY 0.60% DR
48 month variable rateS3,S5 $200,000 and over $1,000.00 0.70% APY 0.70% DR

*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.

Return to top

New Vehicles

Apply Now

New Vehicles
Effective Date: Friday, April 18, 2014
TermAPR C1
To 36 months As low as 2.25% APR
37-48 months As low as 2.25% APR
49-60 months As low as 2.25% APR
61-84 months As low as 2.25% APR
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.

Return to top

Used Vehicles

Apply Now

Used Vehicles
Effective Date: Friday, April 18, 2014
TermAPR C1
To 36 months As low as 2.25% APR
37-48 months As low as 2.25% APR
49-60 months As low as 2.25% APR
61-72 months As low as 2.25% APR
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.

Return to top

Other Vehicles

Apply Now

Other Vehicles
Effective Date: Friday, April 18, 2014
TypeNotesTermAPR C2
New Recreational Vehicles 80% financing available Up to 240 months As low as 6.45% APR
Used Recreational Vehicles 10 years old or newer. 80% financing available Up to 180 months As low as 7.45% APR
New Motorcycles, ATVs, Boats, Boat Motors, Trailers 80% financing available Up to 120 months As low as 6.45% APR
Used Motorcycles, ATVs, Boats, Boat Motors, Trailers 10 years old or newer. 80% financing available Up to 120 months As low as 7.45% APR

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. Lowest APR is based on shortest term for product. Term based on amount financed.

Return to top

Personal Loans/Lines of Credit

Apply Now

Personal Loans/Lines of Credit
Effective Date: Friday, April 18, 2014
TypeNotesTermAPR C2
Signature Loan   To 48 months As low as 9.74%
Signature Loan   49-60 months As low as 10.24%
Signature CreditLine 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. Lowest APR is based on shortest term for product. Term based on amount financed.

Return to top

Education Loans

Apply Now

Education
Effective Date: Friday, April 18, 2014
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.

Return to top

Credit Cards

Apply Now

Credit Cards
Effective Date: Friday, April 18, 2014
TypeNotesAnnual FeeAPR C4
VISA Gold Rebate Earn .75% rebate on purchases None 11.00% APR
VISA Classic/MasterCard Rebate Earn .50% rebate on purchases None 11.50% APR
VISA Student Card Earn .50% rebate on purchases None 11.50% APR
VISA Gold Value™ Lower rates equal more value None 9.25% APR
VISA Classic Value™ Lower rates equal more value None 9.75% APR
MasterCard Value™ Lower rates equal more value None 9.75% APR

C4 25 day grace period, interest charged under system known as average daily balance, including new transactions. No annual fee. Minimum finance charge is zero on purchases.  $20 over limit fee, $5 cash advance fee and a $20 late payment fee. 1% international transaction fee.  APR may be adjusted with notice.

Return to top

Secured Loans

Apply Now

Secured Loans
Effective Date: Friday, April 18, 2014
TypeTermAPR C5
Secured by Savings 60 months Rate + 1% APR
Share Certificate Loans 60 months Rate + 1% APR
Share Certificate CredtiLine 60 months Rate + 1% APR

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

Return to top

Owner Occupied 1st Mortgage Loans

Get a Personalized Quote    Apply Now

Owner Occupied 1st
Effective Date: Friday, April 18, 2014
NameTypeTermNotesRate 1st 5 YearsAPRCurrent Calculation of Rate Remaining Term*
SmartValue™ 5/5M1 1st 30 Years Rate and payment locked in for 5 year periods. 3.99% 4.15% 4.125%
Jumbo SmartValue™ 5/5M1 1st 30 Years For loans over $417,000 3.99% 4.14% 4.125%

 

$20 application fee for all mortgages. Index is 10-year U.S. Treasury Security. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive a good faith 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%. 4.0% floor rate applies at first adjustment.

Valid for applications submitted through March 31, 2014. Loan must close by May 31, 2014. Closing costs offer valid for 1st adjustable rate mortgages for owner occupied properties in NM and CA only. Construction loans are excluded from this offer. Rate effective 12/15/2013. Example: 30-year adjustable rate mortgage of $180,000 for a $225,000 home, with a rate for the first five years of 3.59% (4.08% APR). The monthly payment for the first 60 months would be $818 and the current calculation of the monthly payment for the following 300 months would be $873. Rate for the remaining term adjusts every five years and is based on the then-current index plus margin, subject to any floor rates. The index for the future is unknown, but the current index plus margin is 4.125%, and the floor rate is 4.00%. Check with SLFCU for current rates and payments. A $20 application fee applies to all loans. If loan does not close, fees incurred will be charged to the member. All loans subject to credit approval. Contact SLFCU for details.

*Since the index in the future is unknown, the Rate Remaining Term displayed is based on the current index plus margin (fully indexed rate) as of the date above.

Return to top

Owner Occupied 2nd Mortgage Loans/CreditLines

Get a Personalized Quote    Apply Now

Owner Occupied 2nd/CreditLine
Effective Date: Friday, April 18, 2014
NameTypeTermNotesRateAPRRate Remaining Term
SmartValue™ 5/5 2ndM1 2nd w/ SLFCU 1st 20 Years   4.71% 4.80% 4.750%
SmartValue™ 5/5 2ndM1 2nd w/o SLFCU 1st 20 Years   5.21% 5.31% 5.250%
Home Equity CreditLineM2 1st 20 Years No annual fee. Ten-year draw period and a 20-year repayment period. 5.50% 5.50% N/A
Home Equity CreditLineM2 2nd w/ SLFCU 1st 20 Years No annual fee. Ten-year draw period and a 20-year repayment period. 5.50% 5.50% N/A
Home Equity CreditLineM2 2nd w/o SLFCU 1st 20 Years No annual fee. Ten-year draw period and a 20-year repayment period. 5.50% 5.50% N/A

 

$20 application fee for all mortgages. Index is 10-year U.S. Treasury Security. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive a good faith 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.

M2 Variable rate loans with quarterly adjustments not to exceed 1/2% and will not vary more than 7% above origination rate. 5.5% floor rate. Payments adjust with every draw and once a year if necessary.

Return to top

Non-Owner Occupied Mortgage Loans

Get a Personalized Quote    Apply Now

Non-Owner Occupied
Effective Date: Friday, April 18, 2014
NameTypeTermNotesRateAPR
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. 5.46% 5.56%
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. 5.96% 6.06%
Home Equity CreditLineM4 1st 15 years Five year draw period and a 15-year repayment period. Jumbo loans are available; ask us for details. 5.71% 5.71%
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. 6.21% 6.21%
Vacant LandM5 1st 12 years   5.96% 6.34%

$20 application fee for all mortgages. Index is 10-year U.S. Treasury Security. Third party fees may apply in certain circumstances. Additional fees may apply outside New Mexico. Survey fee may be required. You will receive a good faith 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.

Return to top

F - Bulletin BoardF - CalculatorsF - FacebookF - Twitter
© 2014 Sandia Laboratory Federal Credit Union. All rights reserved
National Credit Union Administration Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Equal Housing Lender