Lake Superior Credit Union









Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

NCUA
National Credit Union Administration, a U.S. Government Agency


Share/Savings Accounts
 
IRA Accounts
IRA.25 Div. Rate.25 APY *
 
Share Accounts
Regular Savings.25 Div. Rate.25 APY *
01 Sub-Account.25 Div. Rate.25 APY *
    $0 Minimum $0 Maximum
02 Sub-Account.25 Div. Rate.25 APY *
    $0 Minimum $0 Maximum
17 Sub-Account.25 Div. Rate.25 APY *
    $.01 to $999.99
17 Sub-Account.45 Div. Rate.45 APY *
    $1000.00 to $2499.99
17 Sub-Account.55 Div. Rate.55 APY *
    $2500.00 and over
 
Share Certificate Accounts
3 Month Certificate of Deposit.25 Div. Rate.25 APY *
6 Month Certificate of Deposit.75 Div. Rate.75 APY *
12 Month to 60 Month Certificate of Deposit.85 Div. Rate.85 APY *
 
$500.00 minimum for certificates of deposit, plus a $5.00 par value in share account.
 
 
Share Draft Accounts
Share Draft0.00 Div. Rate0.00 APY *
 
Share Savings
Christmas Club.25 Div. Rate.25 APY *
Loan Accounts
 
On debt consolidation loans, bills that are to be paid with the proceeds must be presented to the Credit Union for payment.
 
Debt Consolidation8.00 APR48 Months or Less
Secured Loan8.00 APR36 Months or Less
  Loans over $3000.00
 
Unsecured Loans (Signature)
Unsecured Loans12.00 APRup to 36 Months
Single Payment Notes15.00 APR30 Days to 180 Days
Revolving Credit (Open End)10.00 APR36 Months or Less
 
All loans over $3000.00 or loans that will put the member's total debt with the Lake Superior Credit Union over $3000.00 will be required to have collateral.
 
 
Vehicle Loans
 
Refinancing of New and Used Vehicle Loans when a rate decreases will be allowed only on vehicles financed with the credit union within the previous 30 days. A new application must be filled out and member must sign new loan papers in order to refinance these loans.
 
Used Vehicles7.00 APRTerms vary, contact Credit Union for details.
New Vehicles6.00 APRTerms vary, contact Credit Union for details.
New Vehicle6.50 APR72 Months
 
New Vehicle Loans with a term of 72 months only include model year 2010 with very limited mileage such as mileage occuring from a dealer trade.

 

** Call the Credit Union at 884-2069 and tell us that you just read this ad!  If you are one of the first TEN callers, you will receive a free Michigan Collector's Coin. **

 
 
Recreational Vehicle Loans
New Recreational7.50 APRUnder $5000.00.
  36 to 48 Months
New Recreational8.00 APROver $5000.00.
  60 Months
New Recreational8.5 APROver $5000.00.
  84 Months
Used Recreational8.00 APRUnder $5000.00
  up to 36 Months
Used Recreational9.00 APROver $5000.00
  up to 48 months if over 8 years old.
Used Recreational9.50 APROver $5000.00
  up to 84 months if not over 8 years old.
 
  • New or Used Recreational Vehicle loans over $5000.00 only apply to Campers, Motorhomes, Trailers, Boat/Motor/Trailer Combinations.
 
 
  • Special Vehicle and Equipment Loans:  Contact the Credit Union for details.
 
Fees & Disclosures
 
Deposit Account Fees
Share Draft Fee$3.50 per month
Overdraft Fee$25.00 each
Stop Payment Fee$25.00 each
Account Negative Fee$25.00 per occurrence
Share Draft Fee: Effective 7-1-10$3.50 per month
 
Loan Account Fees
Processing Fee for Approved Installment Loansup to 25.00
Loan Extension Fee10.00
 
Miscellaneous Fees
Money Order Fee$1.50 each
Wire Fee$15.00 each
Share Draft Copies$2.00 each
Garnishment Fee$25.00 plus costs
Levy Fee$25.00 plus costs
Research Fee$10.00 per quarter hour
Visa Travel Money Card$8.50 initial load fee
Credit Union Check$1.00 each
Extra ATM/Debit Card for account$7.00 per card
Lost or Stolen ATM/Debit Card$7.00 per card
Pin Replacement/Reissue$3.00 per occurrence
Pin Based Transactions$1.00 per transaction
 
Contact the credit union for a complete fee schedule.
 
  

   Lake Superior Credit Union


P.O. Box 38 
Ontonagon, MI 49953  USA
Phone: 906-884-2069  Fax: 906-884-2929
© 2010

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