Online Banking

Personal Business

Rates and Fees

Savings Rates

Account type

Dividend Rate

APY*

Minimum Opening Balance Required to earn APY

STATEMENT SAVINGS

0.050%

0.050%

$5.00

07 - 31 Day Jumbo Certificate

0.100%

0.100%

$35,000.00

45 - 90 Day Jumbo Certificate

0.100%

0.100%

$35,000.00

4 MONTH CERTIFICATE SPECIAL**** 

0.550% 

0.550% 

$500.00 

6 MONTH CERTIFICATE / IRA

0.300%

0.300%

$500.00

9 MONTH CERTIFICATE / IRA

0.400%

0.400%

$500.00

12 MONTH CERTIFICATE / IRA

0.500%

0.500%

$500.00

14 MONTH CERTIFICATE / IRA

0.600%

0.600%

$500.00

18 MONTH CERTIFICATE / IRA

0.700%

0.702%

$500.00

30 MONTH CERTIFICATE / IRA

0.750%

0.753%

$500.00

36 MONTH CERTIFICATE / IRA

0.800%

0.803%

$500.00

48 MONTH CERTIFICATE / IRA

0.850%

0.853%

$500.00

60 MONTH CERTIFICATE / IRA

0.900%

0.904%

$500.00

*Annual Percentage Yield (APY) is subject to change without notice.  For further information about applicable fees and terms, please contact a member service specialist. Early withdrawal penalty may apply on the Certificate of Deposits.

****4 month Certificate of Deposit special Annual Percentage Yield (APY) is valid as of August 20, 2020.  Minimum balance to open is $500.  Money cannot come from an existing ACU account.  Must be an ACU member and maintain a $5 savings account.  Limited time offer.  Subject to change without notice.

 

Money Market

Account type

Dividend Rate

APY**

Minimum Opening Balance Required to earn APY

Tier 1 $25.00 - $999.99

0.100%

0.100%

$25.00

Tier 2 $1,000.00 - $9,999.99

0.100%

0.100%

$1,000.00

Tier 3 $10,000.00 - $24,999.99

0.150%

0.150%

$10,000.00

Tier 4 $25,000.00 - $49,999.99

0.200%

0.200%

$25,000.00

Tier 5 $50,000 and up

0.300%

0.300%

$50,000.00

 **Annual Percentage Yield (APY) is subject to change without notice. Please ask a member service specialist regarding the terms and conditions of the money market account as fees could reduce earning on this account. Please see Schedule of Fees.

Umbrella Checking

Account type

Dividend Rate*

APY***

Minimum Opening Balance Required to earn APY

Tier 1 $0.00 - $25,000

1.750%

1.750%

$0.00

Tier 2 $25,00.01 or more

0.250%

0.250%

$25,000.01

*To earn The Umbrella Checking rates you must complete the following 3 items: have 12 debit transactions, have an eStatement and have one Direct Deposit per statement cycle.  The 1.750% Annual Percentage Yield (APY) applies to the first $25,000. Balances over $25,000 earn an APY of 0.250%. When monthly requirements are not met each monthly statement cycle, the base rate of 0.10% APY will apply to the entire balance for the statement cycle. Minimum to open the account is $100.  **Umbrellas are on a first-come, first-serve basis and are limited while supplies last and are only available to accounts opened with funds from a non ACU account.

***Annual Percentage Yield (APY) is subject to change without notice.  For further information about applicable fees and terms please contact a member service specialist. All rates are subject to change without notice.

RATES EFFECTIVE 03.17.20

 

Below are our current rates for Fixed Rate Mortgages, Adjustable Rate Mortgages and our Special Programs for Construction and Purchase & Rehab Loans.

Beyond the programs listed below we also offer other mortgages including USDA, FHA and VA government loans.  Please call us at (978) 249-3527 for additional information.

Please call or request a FREE CONSULTATION from the Menu above and we will gladly assist with the loan types and options that best fit YOUR NEEDS. To speak with a Loan Originator directly, please call us (978) 249-3527 ext. 213

Mortgage Rates

Product

Rate

APR

Payment Per $1,000

30 Year Fixed Rate (Conforming)

3.125%

3.274%

$0.00

20 Year Fixed Rate (Conforming)

2.750% 

2.957% 

$0.00

15 Year Fixed Rate (Conforming) 

2.500% 

2.768% 

$0.00 

5/5 Adjustable Rate (Conforming) 

3.250% 

3.400%

$0.00

Purchase & Rehab (Special Program)

3.990% 

4.147% 

$0.00 

Construction (Special Program) 

3.625% 

3.778%

$0.00

 ALL RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.  Loan programs and rates effective 07.30.20

*Rates shown are starting rates for purchase and refinance of 1-4 family owner-occupied properties in Massachusetts only. Final Rates will depend on borrower's credit, DTI, LTV, property type and refinance features when applicable. The APR information is based on the example of a $100,000 loan at 60% Loan-To-Value (LTV) with a minimum FICO of 740.

**Adjustable Rate Mortgage (ARM) rates for purchase and refinance of 1-4 family owner-occupied properties only. Rates on ARMs may increase after closing at applicable adjustment term. All APRs are based on $100,000 loan to purchase a single family primary residence at an 60% LTV. Caps 2% per adjustment and 6% over the lifetime of the loan.  Index is 5 year treasury bill.  Margin is 2.75%.

Home Equity Line of credit (Variable Rate)*

DRAW

REPAY

Rate

FEE

15 YEARS

15 YEARS

Introductory rate of 1.99% for the first 6 months, then prime rate minus 0.50%

$0

Apply Now

*Choose to pay interest only for the first 15 years then a 15 year repayment period on principal and interest on any outstanding balance. LTV is up to 80% based on property type, individual borrower, and credit score. Maximum rate is 18.0%. Minimum rate is 3.99 %.  Maximum rate is 10.0%. Introductory rate of 1.99% for the first 6 months (on most lines, please call for details), then prime rate minus 0.50% as published in the Wall Street Journal (currently 3.25%).  Prepayment Penalty if closed within the first 3 years equivalent to the closing costs. Rate may vary from month to month. No minimum draw. Minimum line of $10,000. Max line is $250,000.  Restrictions apply.  Full underwriting and property valuation are required on each application.  No First Mortgage required. Homeowners Insurance required. 

Construction Loans

We offer construction loans at the same terms as our mortgage products. Please add 0.50% to mortgage product rates.  Your first 12 monthly payments are interest only. After 12 months have passed, the loan will convert to principal and interest payments. We lend up to 95% LTV on 1-4 family, owner-occupied homes.  Over 80% LTV requires private mortgage insurance.  Homeowners insurance is required.

Building Lot Loan

We loan up to 50% loan to value for a term up to 10 years at our regular fixed or adjustable rates.

**APR based on single family primary residence with a maximum LTV of 80% and a minimum FICO score of 740

 

ALL RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.  Loan programs and rates effective 6.18.2019

Consumer Rates

Apply Now

PRODUCT

Rate*

TERM

YEAR of COLLATERAL

Payment Per $1,000 Borrowed**

PERSONAL LOAN (INCLUDES BOATS, POWERSPORTS, TRACTORS, DEBT CONSOLIDATION)

7.950%

Up to 120 months

 

$12.11

SHARE SECURED LOAN

5.490%

Up to 120 months

ACU SHARES

$10.85

CERTIFICATE OF DEPOSIT SECURED LOAN 

2.00% OVER CD RATE

TERM OF CD

ACU CERTIFICATE OF DEPOSIT

 

CREDIT BUILDER LOAN 

17.990%

Up to 48 months

 

$29.39

HOME IMPROVEMENT  UNSECURED LOAN 

7.950%

Up to 120 months

 

$12.11

CARS, TRUCKS, MOTORCYCLES, RVS, CAMPERS 

3.490%

0 to 48 months

2008 or newer

$22.35

 

3.740% 

49 to 66 months 

2008 or newer

$16.79

 

4.490% 

67 to 75 months 

2008 or newer

$15.32

 

4.990%

75 to 84 months

2008 or newer and loan amount greater than $25,000

$14.13

* Interest rate determined by individuals credit score.  Above rates based on 740 FICO score for auto loans.  ACU Membership is required.

** Payment per $1,000 based on FICO score of 740.

115% Financing available on auto loans with 700+ FICO Score.  Other rates and terms available.  Rates effective as of September 17, 2019.

100% Financing on Boats, Campers, Trailers, Motor Homes, Motorcycles & Snowmobiles with 700+ FICO score.  Other rates and terms available.

*** ALL RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE ***