ProgramMaximum TermAnnual Percentage Rate
(APR)*
Monthly payment
per $1,000 borrowed
New Auto
2020 - 202242 months3.89%$25.51
2020 - 202254 months4.29%$20.40
2020 - 202266 months4.29%$17.04
2020 - 202278 months4.49%$14.81
2020 - 202284 months4.99%$14.13
Used Auto
2020 - 202266 months4.29%$17.04
2020 - 202278 months4.49%$14.81
201966 months4.69%$17.22
201978 months4.89%$14.99
201866 months4.89%$17.31
201878 months5.09%$15.09
201766 months5.09%$17.40
201778 months5.09%$15.09
201666 months5.19%$17.45
201566 months5.39%$17.54
201466 months5.59%$17.63
201366 Months6.29%$17.96
201254 Months7.49%$21.87


*All rates are subject to change without notice. Rates are the lowest rates available and are determined by individual credit worthiness. Other rates and terms available.


ProgramMaximum TermAnnual
Percentage Rate
(APR)*
Monthly payment
per $1,000
borrowed
Home Equity Loan5 years6.00%$19.33
10 years6.30%$11.25
15 years6.60%$8.77
20 years6.75%$7.60
25 years7.25%$7.23
30 years7.25%$6.82


*Minimum loan of $5,000 and maximum of $250,000. LTV up to 80%. Rate based on individual creditworthiness and subject to change without notice. 1-4 family owner-occupied properties only. Existing Rhode Island Credit Union loans are eligible with at least $5,000 in new money. Flood insurance may be required. Applicable trust review fees may apply. Other home equity loan programs, rates and terms available. Certain restrictions apply.


ProgramMaximum TermAnnual
Percentage Rate
(APR)*
Monthly payment
per $1,000
borrowed
Home Equity Loan Special7 years5.50%$14.37
10 years5.75%$10.98


*Minimum loan of $10,000 and maximum of $250,000. LTV up to 80%. Rate based on individual creditworthiness and subject to change without notice. 1-4 family owner-occupied properties only. Existing Rhode Island Credit Union loans are eligible with at least $10,000 in new money. Flood insurance may be required. Applicable trust review fees may apply. Other home equity loan programs, rates and terms available. Certain restrictions apply.


ProgramMaximum TermAnnual
Percentage Rate
(APR)*
Monthly payment
per $1,000
borrowed
Home Stretch Home Equity Loan12 years5.50%$9.50
22 years6.00%$6.83
30 years6.55%$6.35


*Loan requires a first lien equity position. Minimum loan of $10,000 and maximum of $250,000. Rate based on individual creditworthiness and subject to change without notice. 1-4 family owner-occupied properties only. Existing Rhode Island Credit Union loans are eligible with at least $10,000 in new money. Flood insurance may be required. Applicable trust review fees may apply. Other home equity loan programs, rates and terms available. Certain restrictions apply.


ProgramMaximum TermAnnual
Percentage Rate
(APR)*
Monthly payment
per $1,000
borrowed
Home Equity Loan 20 years8.00%$8.36
Purchase Money Seconds Home Equity Loan20 years8.00%$8.36
Purchase Money Seconds Home Equity Loan30 years8.50%$7.69
Program Annual
Percentage Rate
(APR)*
 
Home Equity Line of Credit 3.99%


*The Annual Percentage Rate (APR) is 3.99% for the first year of the loan. After the first year, the APR will adjust to .51% below Prime Rate. Prime Rate is 6.25% as listed in The Wall Street Journal as of September 22, 2022. Rate based on individual creditworthiness and subject to change without notice. APR will not exceed 21% or fall below 3.00%. Minimum line of credit is $20,000 and maximum of $250,000. Existing Rhode Island Credit Union loans are eligible with at least a $20,000 line increase. 1-4 family owner-occupied properties only. Flood insurance may be required. Applicable trust review fees may apply. Other home equity loan programs, rates and terms available. Certain restrictions apply. We will pay all of the bona-fide third party fees to open the plan. If you close your home equity line of credit plan within the first three (3) years from the opening date, you agree to reimburse us for any bona-fide third party fees we paid on your behalf.


ProgramMaximum TermAnnual Percentage Rate
(APR)*
Monthly payment
per $1,000 borrowed
New Motorcycle
2020 - 202266 months5.65%$17.66
2020 - 202278 months6.20%$15.61
2020 - 202284 months6.70%$14.95
Used Motorcycle
2020 - 202266 months6.15%$17.90
2020 - 202278 months6.75%$15.87
201966 months6.65%$18.13
201978 months7.05%$16.02
201866 months6.85%$18.23
201878 months7.35%$16.16
201766 months6.95%$18.27
201778 months7.45%$16.21
201666 months7.35%$18.47
201566 months7.55%$18.56
201466 months7.75%$18.66
201366 months8.35%$18.95
201254 Months9.65%$22.90


*All rates are subject to change without notice. Rates are the lowest rates available and are determined by individual credit worthiness. Other rates and terms available.


ProgramMaximum TermAnnual
Percentage Rate
(APR)*
Monthly payment
per $1,000
borrowed
Personal Loan12 Months6.65%$86.38
60 Months10.65%$21.58


*All rates are subject to change without notice. Rates are the lowest rates available and are determined by individual credit worthiness. Other rates and terms available. The minimum loan amount for the 12 month term is $1,000.


Program Annual
Percentage Rate
(APR)
 
Prime Line of CreditPrime Rate* + 6.90%


*Current Prime Rate is 6.25%.

ProgramMaximum TermAnnual Percentage Rate (APR)
Shares Collateral Loan
3 yearsShare Deposit Rate + 3%
Certificate Collateral Loan
Certificate of Deposit TermCertificate of Deposit Rate + 3%
Account TypeMinimum Average Daily Balance to Earn stated APYRateAPY*
Prime Share Account$100.000.05%0.05%
Capital Account$1,000.000.10%0.10%
Vacation Club Accountnone0.05%0.05%
Christmas Club Accountnone0.05%0.05%
IRA Share Accountnone0.20%0.20%
Health Savings Accountnone0.20%0.20%


Last Dividend Declaration Date: 06/30/22
*The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The Dividend Rates and Annual Percentage Yields may change quarterly as determined by the Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yields as of the last dividend declaration date which is set forth in this Rate Schedule.  Please contact any branch office for further information concerning our Truth-In-Savings Disclosure.

MONEY MARKET SAVINGS ACCOUNT
Minimum Balance to Earn stated APY
RateAPY*
$2,500.00 - $24,999.990.25%0.25%
$25,000.00 - $74,999.990.30%0.30%
$75,000.00+0.35%0.35%


Effective as of 10/01/22
*The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of interest to be paid on an account based on the interest rate and frequency of compounding for an annual period. For Money Market Savings Accounts, the Interest Rate and Annual Percentage Yield may change daily as determined by the Credit Union’s Board of Directors. Please contact any branch office for further information concerning our Truth-In-Savings Disclosure.

CERTIFICATES OF DEPOSIT
Term
Minimum Opening DepositInterest RateAPY*
3 Month$500.000.15%0.15%
6 Month$500.000.25%0.25%
12 Month$500.002.50%2.52%
18 Month$500.002.75%2.78%
24 Month$500.003.00%3.03%
30 Month$500.003.00%3.03%
42 Month$500.000.65%0.65%


Effective Date: 10/06/22 through 10/12/22. Stated Interest Rates and APYs for terms of 12 months through 42 months are applicable to IRA Certificates of Deposit as well.
*The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of interest to be paid on an account based on the interest rate and frequency of compounding for an annual period. For all accounts, the Interest Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. The Annual Percentage Yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. Please contact any branch office for further information concerning our Truth-In-Savings Disclosure.


INVESTMENT PLUS CHECKING ACCOUNT
Minimum Average Daily Balance to Earn the Stated APY
Interest RateAPY*
$2,500.000.05%0.05%


Effective Date: 10/01/22 – 10/31/22
*The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of interest to be paid on an account based on the interest rate and frequency of compounding for an annual period. For Investment Plus Checking Accounts, the Interest Rate and Annual Percentage Yield may change monthly as determined by the Credit Union’s Board of Directors. Please contact any branch office for further information concerning our Truth-In-Savings Disclosure.