Check Rates
Consumer Loans
Loan Rate Summary Sheet Effective January 5, 2023
No payment due for the first 90 days on Auto and Signature Loans
APR = Annual Percentage Rate. The rates quoted are the lowest possible rates currently available. The applicant’s loan rate may be higher based upon their personal recorded credit experience. All rates are determined by an evaluation of applicant credit. Your rate may vary from the one listed on this schedule. Please see a loan representative for your qualified rate. Rates are subject to change without notice.
Secured Loans – New* and Used Autos, Motorcycles, Classic Cars, Boats, or RVs
|
Product
|
Term
|
APR |
|
|
New Auto
|
60 months or less
|
4.49%
|
|
|
New Auto
|
61 to 72 months
|
4.74%
|
|
|
New Auto
|
73 to 84 months
|
4.99%
|
|
|
New Auto
|
85 months or more
|
5.99%
|
*A new auto loan is the current or next year model with 10,000 miles or under
|
Product
|
Term
|
APR
|
|
|
Used Auto
|
60 months or less
|
4.99%
|
|
|
Used Auto
|
61 to 72 months
|
5.24%
|
|
|
Used Auto
|
73 to 84 months
|
5.49%
|
|
| Used Auto | 85+ months | 6.49% |
Motorcycle, Boats, Classic Cars, and RV rates are 2% above your qualified rate.
Boats or RVs up to 120 months, please contact us for details.
PROMOTIONAL EXTRAS (on New and Used Autos only)
- No payments for 90 days
Other terms applicable
- California Registered Vehicles ONLY
- Out-of-State dealer purchase available (upon approval)
- Used includes pre-owned current-year vehicles with more than 10,000 miles
- Rates increase on vehicles with more than 100,000 miles
- No Payment for 90 days
- Unsecured Loans on balances starting at $2,501+
- Maximum Term up to 60 months
- Promotional rates as low as 6.50% APR available for Consolidation loans. For a limited time only
|
Term
|
APR
|
||
|
Visa Platinum/LOC
|
Open-end – no annual fee
|
8.99%
|
|
|
Signature Loans
|
12 to 60 months
|
8.99% |
Share/Savings/CD Secured Loans
- – Credit Builder loans available
|
|
Term
|
APR
|
|
|
Share Secured
|
(no certificates or IRA’s)
|
3.01%
|
|
|
Certificate Secured
|
(no IRA’s or shares)
|
CD Rate + 3%
|
Low-Speed Vehicles
Loan Rate Summary Sheet Effective January 5, 2023
No payment due for the first 90 days on Secured and Signature Loans
APR = Annual Percentage Rate. The rates quoted are the lowest possible rates currently available. The applicant’s loan rate may be higher based upon their personal recorded credit experience. All rates are determined by an evaluation of applicant credit. Your rate may vary from the one listed on this schedule. Please see a loan representative for your qualified rate. Rates are subject to change without notice.
Secured Loans – New* Low-speed vehicles (LSV)
Product | Term | APR |
Low-Speed Vehicles (LSV) | 60 months or less | 4.99% |
Low-Speed Vehicles (LSV) | 61 to 72 months | 5.24% |
Secured Loans – Used Low-speed vehicles (LSV)
Product | Term | APR |
Low-Speed Vehicles (LSV) | 60 months or less | 5.99% |
Low-Speed Vehicles (LSV) | 61 to 72 months | 6.24% |
*A new vehicle loan is the current or next year model with 10,000 miles or under
PROMOTIONAL EXTRAS (on New and Used Vehicles only)
- No payments for 90 days
Other terms applicable
- California Registered Vehicles ONLY
- Out-of-State dealer purchase available (upon approval)
- Used includes pre-owned current-year vehicles with more than 10,000 miles
- Rates increase on vehicles with more than 100,000 miles
For more information, contact our Loan Officers at 310.374.3436 or email sbcu@southbaycu.com
Savings Rates (Savings, Checking, Money Market Savings)
Rates effective as of January 5, 2023
Rates are subject to change without notice. All Accounts are insured to $250,000 by American Share Insurance.
Savings, Checking Accounts (Plus)
| Savings Accounts (Primary, Secondary & Holiday Club) | ||
Average Daily Balance | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
$500.00 and above | 0.05% | 0.05% |
| High Yield Savings *qualified nonprofit accounts only | ||
Average Daily Balance | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
$500.00- $100,000 | 0.40% | 0.40% |
$100,000- $500,000 | 0.55% | 0.55% |
$500,000 and above | 0.65% | 0.65% |
| Checking Accounts (Plus) | ||
Average Daily Balance | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
$2,500.00 and above | 0.010% | 0.010% |
| Traditional & Roth Individual Retirement Accounts (IRAs) | ||
Average Daily Balance | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
$2,500.00 and above | 0.150% | 0.150% |
Money Market Accounts
Average Daily Balance | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
$2,500 – $9,999 | 0.20% | 0.20% |
$10,000 – $49,999 | 0.25% | 0.25% |
$50,000 – $99,999 | 0.30% | 0.30% |
$100,000 and above | 0.40% | 0.40% |
The minimum average daily balance required to earn the disclosed APY is as set forth above.
The minimum balance required to open and maintain the Traditional and Roth IRA Savings Account is $50.
The minimum balance required to open and maintain all other accounts is as set forth in the Account Agreement and Truth-In-Savings Disclosure.
For all Savings, IRA Savings, and Money Market Accounts, dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change.
Savings Accounts: If your average daily balance is more than $500, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.
For all Plus Checking Accounts, dividends are paid from current and available earnings after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change. If your average daily balance is more than $2,500, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.
Money Market Accounts: If your average daily balance is more than $2,499.99 but less than $10,000, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $9,999.99 but less than $50,000, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $49,999.99 but less than $100,000, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is $100,000 or more, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.
Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.
Certificates
Share Certificate Accounts
Minimum Balance: $1,000
Rates effective as of January 5, 2023
Available Terms | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
3 month | 0.25% | 0.25% |
6 month | 0.40% | 0.40% |
12 month | 0.65% | 0.65% |
15 month** | 3.44% | 3.50% |
17 month*** | 4.17% | 4.25% |
18 month | 0.60% | 0.60% |
23 month*** | 4.89% | 5.00% |
24 month | 0.70% | 0.70% |
36 month | 0.80% | 0.80% |
48 month | 0.90% | 0.90% |
60 month | 1.00% | 1.01% |
The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above. The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.
Dividends are paid from current and available earnings after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.
The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed.
Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.
**15- month certificate to auto-renew to a 12-month certificate at the current rate at maturity. This is a limited-time offer that can end at any time. ***17-month certificate and 23-month certificate to auto-renew to a 12-month certificate at the current rate at maturity. 17-month and 23-month promotional rates are available to new money only. This offer can end at any time.
IRAs
IRA Share Certificates
Minimum Balance: $1,000
Rates effective as of January 5, 2023
Available Terms | Prospective Dividend Rate | Prospective Annual Percentage Yield (APY) |
3 month | 0.25% | 0.25% |
6 month | 0.40% | 0.40% |
12 month | 0.65% | 0.65% |
15 month** | 3.44% | 3.50% |
17 month*** | 4.17% | 4.25% |
18 month | 0.60% | 0.60% |
23 month*** | 4.89% | 5.00% |
24 month | 0.70% | 0.70% |
36 month | 0.80% | 0.80% |
48 month | 0.90% | 0.90% |
60 month | 1.00% | 1.01% |
The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above. **For the 15-Month Term Share (Certificate) – Currently not offering; disclosed for indexing purposes only on existing accounts. Upon maturity of existing accounts, funds will automatically transfer to a 12 Month Term Share (Certificate) Account at the prevailing Dividend Rate and APY.
The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.
Dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.
The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed. **For the 15 Month Term Share (Certificate) Account (including Accounts opened as Traditional and Roth IRAs), the Accountholder may bump up the Dividend Rate and APY once during the term. To bump up the Dividend Rate and APY, the Accountholder must notify the Credit Union in writing. The bump up Dividend Rate and APY would be the disclosed Dividend Rate and APY in effect on the date the Credit Union receives the Accountholder’s written notification.
Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.
**15- month certificate to auto-renew to a 12-month certificate at the current rate at maturity. This is a limited-time offer that can end at any time. ***17-month certificate and 23-month certificate to auto-renew to a 12-month certificate at the current rate at maturity. 17-month and 23-month promotional rates are available to new money only. This offer can end at any time.
Home and Real Estate Loan Rates
California Only.
All Rates are expressed in terms of Annual Percentage Rate = APR
Rates are current at the time of publishing and are subject to change without notice.
Please contact the Mortgage Department at (424) 327-9790 or mortgage@southbaycu.com for today’s current rates.
1st TD Real Estate
Purchase or Refinance
FHA, VA, and Reverse Mortgages
Conforming and Jumbo
- 30 year fixed
- 20 year fixed
- 15 year fixed
- 10 year fixed
- 30 year ARM 10/1
- 30 year ARM 7/1
- 30 year ARM 5/1
- 30 year ARM 3/1
Fannie Mae Conforming Loan Limits
2 units $620,200.00
3 units $749,650.00
4 units $931,600.00
2nd TD Real Estate
Owner Occupied, Maximum LTV is 80%. The LTV is determined by an evaluation of applicant credit. Your approved LTV may vary from 80%.
- 15-year Fixed – up to $500,000
- 15-year Adjustable Rate – up to $500,000
Terms applicable to Home Equity Line of Credit HELOC Loans
The Prime Rate for the HELOC is 6.250% Current fully indexed APR is 7.250%. The rate is based upon prime rate, WSJ Money Rates, plus .50% for LTV less than 50% or plus 1.00% for LTV of 50% or higher, a minimum interest rate of 6.250%, which is the floor rate. Your rate may be more based on your credit risk score as reported by the credit bureau. The maximum interest rate cannot exceed 12.000% APR. The rate is subject to change at the first of each month as the prime rate changes. The draw period is for 10 years, and payments are interest only during this time. After the draw period, the loan is fully amortized to payoff for 15 years. All loans are subject to credit approval, title search, and verification of equity. Homeowners’ insurance and flood insurance, if applicable, is required. Consult your tax advisor for potential tax breaks. Home Equity loans are Fixed Rate and fully amortized up to 15 years with a one-time advance.
California Only.
All Rates are expressed in terms of Annual Percentage Rate = APR
Rates are current at the time of publishing and are subject to change without notice.
Please contact the Mortgage Department at (424) 327-9790 or mortgage@southbaycu.com for today’s current rate-
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