Rates
Rates
As a not-for-profit financial institution working to serve our members’ financial needs, Edison Credit Union provides affordable loan rates and flexible terms. Consult the charts below for our current rates, and contact us to learn more about how we can help you reach your goals!
Vehicle Loan Rates
Cars, Trucks & SUVs
All rates given reflect Annual Percentage Rate*
| Model Year | Term | Rate | Factor(s) for Lowest Rate |
|---|---|---|---|
| 2024-2021 | Up to 72 mo. | As low as 6.25% | |
| 2024-2021 | Up to 96 mo. | As low as 6.75% | 725 and above Credit Score |
| 2020-2017 | Up to 72 mo. | As low as 7.00% | |
| 2016-2015 | Up to 60 Months | As low as 8.75% |
Boats, Trailers, Campers & Recreational Equipment
Motorhomes
All rates given reflect Annual Percentage Rate*
| Model Year | Term | Rate | Factor(s) for Lowest Rate |
|---|---|---|---|
| 2024-2021 | Up to 72 mo. | As low as 7.00% | |
| 2020-2017 | Up to 60 mo. | As low as 8.00% | |
| 2016 - 2015 | Up to 48 mo. | As low as 9.00% |
*Rates quoted are lowest available rates. Actual rates are subject to membership eligibility and creditworthiness. Rates are subject to change without notice. Please contact the credit union for current loan rates and loan details.
Please contact the credit union for current rates for personal loans, lines of credit, home loans and credit cards.
Savings & Investment Rates
When you’re looking for a secure option for basic savings, investment or even long-term planning, look to the credit union. We’re here to help you find the plan that fits your needs, plus we can provide excellent returns on your investment. Consult the chart below for current rates.
Investment Rate Chart
All rates given reflect Annual Percentage Rate*
| Account Type | Rate | APY | Account Requirements |
|---|---|---|---|
| IRA | 0.15% | 0.15% | Minimum account balance $5. |
| Coverdell Education Savings Account | 3.00% | 3.03% | Minimum account balance $5. Three-year term. $2,000 maximum deposit per year. |
| Money Market Account | 0.15% | 0.15% | Minimum balance $2,500. Max. 3 withdrawals/month. |
| 6 Month CD | 2.00% | 2.02% | Minimum balance $1,000 |
| 1 Year CD | 2.75% | 2.78% | Minimum balance $1,000. |
| 18 Month CD | 3.00% | 3.03% | Minimum balance $1,000. |
| 2 Year CD | 3.50% | 3.55% | Minimum balance $1,000. |
| 3 Year CD | 3.00% | 3.03% | Minimum balance $1,000. |
Savings Chart
| Account Type | Rate | APY | |
|---|---|---|---|
| *Vacation Club | 0.10% | 0.10% | Minimum account balance $5. Funds released May 15. |
| *Savings | 0.10% | 0.10% | Minimum account balance is $50 |
| *Christmas Club | 0.10% | 0.10% | Minimum account balance $5. Funds released Oct. 1. |
*The above rates were declared for the previous quarter. These rates are declared at the end of each quarter.
*All rates are subject to change without notice. Contact the credit union for complete details.
Your Funds Are Safe
Every dollar up to $250,000 you save at Edison Credit Union is fully insured by the National Credit Union Administration, a government agency.
Service Charges
Effective February 2, 2015
Archive Record Retrieval
| Copy of Share Draft | $5 |
|---|---|
| Copy of Corporate Draft | $5 |
| Statement History (Computer Printout) | $2 |
| Statement (Statement Period) | $5 |
| Reconciliation of Account (Research Records) | $25/Hr |
ATM & Debit Card
| Original Card & PIN | No Charge |
|---|---|
| Card Replacement (Lost) | $10 / $15 |
| PIN Replacement | $5 |
| ATM Transactions | |
| At Edison Credit Union ATM | No Charge |
| Withdrawals AT Other ATMs (First Four Free) | $1 Ea. After 4 |
| Balance Inquiries At Other ATMs (First Five Free) | $1 Ea. After 5 |
Check Cashing
| Members With $100 Share Balance, Active Checking Account, Or Loan in Good Standing | No charge |
|---|---|
| All Others | $5/Check |
| Non-Members | $5/Check |
Early Accounting Closing
| New Account Closed Within Six Months | $20 |
|---|---|
| Christmas or Vacation Club Before Payout | $10 |
Loan Fees – Consumer
| Refinance Title Fee | $16 |
|---|---|
| Purchase Title Fee | $2.50 |
| UCC-1Financing Fee | $17 |
| UCC-Termination | $17 |
Miscellaneous
| Money Order | $1 |
|---|---|
| Certified Check | $3 |
| Credit Union Check | $1 |
| Collection Fee | $10 |
| Legal Process Fee | $25 |
| Non-Member Notary Fee | $2 |
Non-Sufficient Funds (NSF)
| NSF Of Deposited Item Third-Party | $10 |
|---|---|
| NSF OF Personal Deposited Item | $28 |
| NSF OF Automatic Pre-Authorized Withdrawal (Incl. Online Bill-Pay) | $28 |
| NSF OF Share-Draft | $28 |
| NSF OF Loan Payment | $28 |
| Overdraft Of ACH | $28 |
| Overdraft Check Paid (Incl. Online Bill-Pay) | $28 |
| Overdraft Transfer from Shares | $5 |
Safe-Deposit Boxes
| 3 x 5 | $25/Year |
|---|---|
| 3 x 10 | $35/Year |
| 5 x 10 | $55/Year |
| 10 x 10 | $80/Year |
| Key Deposit (refundable upon return of keys) | $10 |
| Safe Deposit Drilling Fee | $175.00 |
Share Account Withdrawals
| First Five/Month | No Charge |
|---|---|
| Each Withdrawal After Five/Month | $5 |
Money Market Withdrawals/Transfers
| First Three/Month | No Charge |
|---|---|
| Each Withdrawal AfterThree/Month | $10 |
Statements Returned by Post Office
| Returned With Change Of Address | $1 |
|---|---|
| Returned With No Address | $5 |
Stop-Pay
| Share-Draft/Request (Incl. Online Bill-Pay) | $25 |
|---|---|
| Share-Draft (Block of Drafts) | $25 |
| Pre-Authorized Automatic Withdrawals | $25 |
Western Union Funds Transfer
| Domestic | $25 |
|---|---|
| International Up To $2,000 | $35 |
| International Over $2,000 | $50 |
Wire Transfer Or Wire Service
| Domestic | $20 |
|---|---|
| International | $50 |
Security Identification
| Refusal To Enter Picture/Signature System | $5/Teller Visit |