Semiconductor of Maine Federal Credit Union

Current Rates

Date of Last Rate Change: 01/01/2012

Share Rates |  Loan Rates

Loan Type New Rate Used Rate
New Auto/Motorcycle up to 60 months 2.750** N/A
Used Automobiles & Motorcycles
2012-2007 up to 60 mos.

N/A

3.500%**
New/Used Vehicles 2012-2007 up to 84 mos.* 5.000%** 5.000%**
Older Used Vehicles 2006-2004 up to 60 mos. N/A 5.500%**
Older Used Vehicles 2006-2004 up to 84 mos.* N/A 6.500%**
Share Secured Loans 3.00% above earned rate
Recreational Vehicles
(RVs, Snowmobiles, Boats)**		 8.500%** 8.500%**
Personal Loans (Unsecured)
$500-$20000 60 mos.

 

11.000%**
Tuition Loans 10.000%
1st Mortgage Loan - refinances only/no purchases***

180 months/80% loan to value maximum

Program currently at capacity
2nd Mortgage Loan ***

180 months/80% loan to value maximum

 Program currently at capacity
CHIPS Protection Plan
(Overdraft Line of Credit)$500 - $1500 limits 		15.00%

*Minimum financing of $15,000 is required for vehicle loans over 60 months. Maximum terms depends on amount financed.

** .25% rate discount for loans paid via payroll deduction.

***$350.00 processing fee

**** All quoted rates in APR = Annual Percentage Rate

A $75 loan refinance fee applies to most SemiFCU vehicle and personal loans - some restrictions apply



 All loan rates are subject to change without notice.
Please see a loan officer if you have any questions.



Share Rates

Date of Last Rate Change 02/01/2012

Type of Account & Balance Rate Annual Percentage Yield (APY)
Share Account * 0.10% 0.10%
Club Account ** 0.15% 0.15%
Christmas Club Account 0.15% 0.15%
Checking (Share Draft) None N/A
Money Market 
$0-$1999.99
$2000-$9999.99
$10,000+
None
0.20%
0.30%
None
0.20%
0.30%

IRA Savings

0.50%

0.50%
Certificates - $500 Minimum Deposit
3 Month Cert. .25% .25%
6 Month Cert. .40% .40%
12 Month Cert. .50% .50%
18 Month Cert. .60% .60%
24 Month Cert. .70% .70%
30 Month Cert. .85% .85%
36 Month Cert. 1.00% 1.00%
48 Month Cert. 1.35% 1.36%
60 Month Cert. 1.75% 1.76%

Dividends are paid monthly on the average daily balance in each account. Dividend rates are subject to change without notice. See our Fee Schedule for details on fees and charges associated with our accounts.  Fees may reduce earnings on accounts.

On certificates, there is a substantial penalty for early withdrawal.

*$25.00 minimum to open account and earn dividends

**$.01 minimum to open account and earn dividends