Rates

Rates as of July 1, 2025

APR = Annual Percentage Rate.  APR is based on Credit Score. Maximum APR 18.00%. Rates subject to change without notice.

Personal Loans

Starting APR	Term
8.99%	up to 60 months

Renovation Loan

Starting APR	Term
7.99%	up to 60 months

New and Used Auto

Starting APR	Term
4.99% SPECIAL	up to 60 months
5.25% SPECIAL	61 to 72 months
5.75% SPECIAL	73 to 81 months

 Maximum Loan to Value of 115% NADA Book Value.

*Loan amount must be greater than $10,000.

Older Used Auto and Motorcyles

Terms and rates for vehicles and motorcyles older than 10 years  will be determined by the value and condition.

 

New and Used Motorcycle

Starting APR	Term
5.50% SPECIAL	up to 60 months
6.25%	61 to 83 months*

Maximum Loan to Value of 115% of NADA Book Value.

*Loan amount must be greater than $10,000.

RV & Boat Loans

Starting APR	Term
6.50%	up to 60 months
7.25%	61 to 83 months*

Loan to Value will be on a case-by-case basis after an evaluation of risk.  Not to exceed 115% of NADA Book Value.

*PLEASE CONTACT LOAN DEPARTMENT FOR FURTHER INFORMATION REGARDING LOAN AMOUNTS

1st Mortgage Fixed Rate Loans

APR as low as	Term
5.125%	10 to 15 years
5.99%	30 years

Minimum of $25,000.00. The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.

2nd Mortgage Fixed Rate Loans

APR as low as	Term
5.50%	5 years
5.75%	10 years
6.50%	15 years

Minimum of $10,000.00. Maximum of $150,000.00. The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.

Home Equity Line of Credit

APR as low as	Term
WSJ Prime -.25%	up to 25 years
4.50% *Current Rate Special*	fixed for 12 months*

Minimum rate 3.50%. Payments do not include taxes and insurance premiums.

• Minimum APR 3.5%, Maximum APR 18.00%
• Property and/or flood insurance required.
• In consideration for the payment by credit union of the actual closing costs, we agree to reimburse MemberFirst CT FCU for said costs in the event that we pay the entire outstanding balance of the loan and close this account on or before 2 years after the date hereof.
• In addition, the applicant(s) agree(s) that they will pay all costs incurred by the credit union associated with their application for credit if any of the following situations occur:
  • The appraisal indicates there is insufficient equity to approve the loan.
  • The applicant(s) cancel the loan request after the appraisal and title search
  • The title search is not clean and prevents loan from closing
  • Fees imposed by range from $350.00 to $1500.00

VISA Credit Cards

Type of Card	*APR
VISA Classic	12.99%
VISA Platinum	11.99%
VISA Cash Advance	9.99%

VISA Disclosure

Other Loans

Type of Loan	*APR
Share Secured	4.00% Above Shared Rate
Certificate Pledge	2.00% Above Cert Rate
S/D Overdraft	16.50% - Maximum Line $2,500

Overdraft Line of Credit

The following applies to Your Overdraft Line of Credit Account:

Interest Rate and Interest Charges	Details
Annual Percentage Rate (APR) for Cash Advances	Your APR will be 16.50%
Paying Interest	We will begin charging interest on the transaction date.
Penalty Fees Late Payment Fee	5.00% of the required minimum payment due. Maximum: $25.00

Disclosures

Unsecured Loans

Rates are subject to change without notice.  Example: a 2-Year $5,000 Personal Loan at 7.99% Annual Percentage Rate (APR) will have 24 Monthly Payments of $226.14, a 5- Year $10,000 Personal Loan at 7.99% APR will have 60 monthly payments of $101.37.

Auto Loans

Rates Subject to change without notice. Maximum Loan to Value of 115% of NADA book value new or used. Repayment Example: a 3-Year $10,000 Car Loan at 5.25% Annual Percentage Rate (APR) will have 36 Monthly Payments of $300.86, a 4-Year $10,000 Car Loan at 5.25% APR will have 48 monthly payments of $231.45, a 5-Year $20,000 Car Loan at 5.25% APR will have 60 monthly payments of $379.75.

Fixed Rate Second Mortgages

Rates subject to change without notice. Maximum Loan to Value of 80% of Appraised Value ($100,000 minus 20% = $80,000). No closing costs for loans $25,000 and above. Repayment Example: a 5-Year $25,000 Home Equity Loan at 5.50% Annual Percentage Rate (APR) will have 60 Monthly Payments of $477.57; a 10-Year $30,000 Home Equity Loan at 6.25% APR will have 120 monthly payments of $325.61; a 15-Year $80,000 Home Equity Loan at 6.99% APR will have 180 monthly payments of $718.42.

Home Equity Line of Credit

Minimum Credit Line is $10,000, 10-Year Draw Period and Fifteen Repayment Period. Minimum Monthly Payment is interest only of Credit Line outstanding. The Annual Percentage Rate (APR) is variable and will be established based on an Index value equal if the Prime Rate as published in the Northeastern edition of The Wall Street Journal on the last billing business day in of each month.

Share Secured

Repayment Example

A 3-Year $5,000 Share Secured Loan at 4.99% APR will have 36 monthly payments of $149.84.

Recreational Vehicle

Loan to value is 100%. Repayment Example: a 10-Year $25,000 Recreational Vehicle at 6.99% Annual Percentage Rate (APR) will have 120 Monthly Payments of $208.33

Computer Loan Special

Up to 100% of the cost of a Personal Computer with peripherals and tax. Repayment Example: a 2-Year $3,000 Computer Loan at 4.99% Annual Percentage Rate (APR) will have 24 Monthly Payments of $153.53

Rates as of July 1, 2025

Share Account

Type of Account	Dividend Rate	APY*
Regular Share	0.05%	0.05%
Special Share	0.05%	0.05%
Christmas Club	0.05%	0.05%
Vacation Club	0.05%	0.05%
IRA Money Market	0.25%	0.25%
Money Market $0 to $2,499	0.05%	0.05%
Money Market $2,500 to $9,999	0.50%	0.50%
Money Market $10,000 to $24,999	0.75%	0.75%
Money Market $25,000 to $74,999	1.50%	1.50%
Money Market $75,000 and greater	2.00%	2.00%

The dividend rate may change after account opening.

Minimum balance of $25.00 to qualify for the advertised APY. 

Certificates/IRA Certificate Rates

Term	Dividend Rate	APY*
6 Months	3.75%	3.82%
12 Months	3.75%	3.82%
18 Months	3.00%	3.04%
24 Months	3.00%	3.04%
30 Months	2.50%	2.53%
36 Months	2.50%	2.53%
48 Months	2.75%	2.78%
60 Months	2.75%	2.78%

Disclosures

Money Market Account

Minimum Balance Requirement of $2,500.00 to earn a higher dividend rate otherwise the account will pay the same dividend rate as the regular savings account.

Term Share Certificate Accounts

Minimum Balance of $500.00 under the age of 18 or minimum of $1,000 over the age of 18. Early Withdrawal Penalties apply.

IRA's  or Individual Retirement Accounts

An Individual Retirement Account is an excellent tool for retirement savings. Depending on what type of IRA you choose, contributions may be tax deductible and will grow either tax-deferred or tax-free.

It is never too early to begin saving. Find out which plan is better for you - a Traditional IRA or a Roth IRA. Contact Diane or Krissy, our Certified IRA Specialists.

*APY = Annual Percentage Yield. 

The Dividend Rate and Annual Percentage Yield(APY) are as of the effective date and are subject to change without notice. Fees may reduce earnings.

Fees and other conditions could reduce earnings. Certificate Accounts are subject to a penalty for early withdrawal. 

View our Fee Schedule