Focus First Federal Credit Union
 
ATM Locations Rates Loan Applicatio Online Access / Bill Pay Contact Focus First Federal Credit Union Focus First Logo
 
 

Rates

CURRENT SAVINGS AND LENDING RATES

Annual Percentage Yield = APY

Annual Percentage Rate = APR

 

SAVINGS RATES - Effective 03/29/2024

Regular Savings (Shares) .10% APY minimum deposit $5.00

Kid’s Savings .10% APY minimum deposit $5.00

Holiday Savings .10% APY minimum deposit $5.00

Checking .10% APY on balances over $1,000

 

CERTIFICATE RATES - Effective 03/29/2024

6 Month 0.20% APY minimum deposit $500.00

12 Month 1.00% APY minimum deposit $500.00

12 Month 5.00% APY minimum deposit $500.00 (NEW)

24 Month 0.50% APY minimum deposit $500.00

36 Month 0.55% APY minimum deposit $500.00

 

VISA PLATINUM CREDIT CARD

6 month Introductory Rate (purchases and balance transfers).......................6.49% APR

After the 6 month Introductory Rate (purchases and balance transfers)........9.49% APR

Cash Advance/Convenience Checks Rate....................................................11.49% APR

 

LOAN RATES

At Focus First Federal Credit Union, the Annual Percentage Rate (APR) is subject to credit evaluation and the member’s ability to pay. All rates subject to change without notice unless otherwise noted. Apply online for a loan.

Vehicles and Motorcycles - Effective 03/29/2024

Qualified Hybrid vehicles will be eligible for a .25% rate reduction.

2023-2024
up to 48 months 5.90%
49-60 months 6.00%
61-72 months 6.10%
73-84 months 6.20%

2023 - Used
up to 48 months 6.10%
49-60 months 6.20%
61-72 months 6.30%
73-84 months 6.40%

2022 - Used
up to 48 months 6.20%
49-60 months 6.30%
61-72 months 6.40%

2021 - Used
up to 48 months 6.60%
49-60 months 6.70%
61-66 months 6.80%

2020 - Used and older
up to 48 months as low as 7.20%

*Rates for this product are as low as stated. The Annual Percentage Rate is based on an evaluation of applicant credit.

Rate is also based on the selected term and loan to value for vehicle loans. An evaluation of applicant credit  determines the total amount financed and term. Factory invoice is used for  new vehicle values and the NADA book value for used vehicles. Your rate and total amount financed may vary from the stated rate and maximum financing.

 

New Boats & Recreational Vehicles (2021 and newer)

 0-48 months as low as 7.25%
49-72 months as low as 7.75%
73-120 months as low as 8.25%

 

Used Boats & Recreational Vehicles (2019 and older)

0-48 months as low as 8.00%
49-84 months as low as 8.50%

 

Snowmobiles/ATVs

up to 60 months as low as 7.35%

 

Farm/Industrial

up to 60 months as low as 7.99%

 

Christmas/Vacation ($2000 max)

up to 12 months as low as 10.25%

 

Personal / Consolidation Loans

up to 60 months as low as 10.25%

 

Credit Assist Loan ($500.00 max)

9 month term, 11.50%

 

Home Improvement ($15,000 max)

up to 60 months as low as 7.64%

 

Share Secured

up to 60 months, Dividend rate + 3%

 

Overdraft Protection

15.90%

 

HOME EQUITY PRODUCTS

Home Equity Loan (fixed rate installment loan) ***

Amounts from $7,500 to $250,000
5 years 7.00%
10 years 7.49%
15 years 7.99%

Loan-to-value ratio = 85%

 

Home Equity Lines of Credit

1. Equity Advantage Program****
Amounts from $7,500 to $15,000
Prime Rate + 1.25% APR (Floor of 5.25% APR)

Loan-to-value ratio= 95%

 

2. Prime Plus Equity Program ****
Amounts from $10,000 to $24,999
2.49% APR Intro rate then Prime Rate + 1.00% APR after 6 months (Floor of 5.25%)

Loan -to-value ratio = 85%

 

3. Prime Equity Program ****
Amounts of $25,000 and over
2.49% APR Intro rate then Prime Rate + 0% APR after 6 months (Floor of 4.50%)

Loan-to-value ratio = 85%

 

*Dividends on our savings (shares) accounts are compounded and paid quarterly on the average daily balance for the quarter. This is a prospective rate and may be changed at the end of the quarter. Fees may reduce effective yield.

**Dividends on our checking (share draft) accounts are compounded and paid monthly on the average daily balance for the month. This is a prospective rate and may be changed without notice. Fees may reduce effective yield.

*** There are no closing costs incurred by the member for the fixed rate Home Equity Loan unless the loan is paid in full within the first 24 months of inception.

****The HELOC rates are variable and can change semiannually (January 1st and/or July 1st). There are no closing costs incurred by the member unless the line of credit is closed within 24 months of inception. The ceiling for the FFFCU HELOC is 18%. Property insurance and flood insurance, if applicable, are required. Ask your tax advisor about possible tax deductions of interest paid on the HELOC.

 






Payment Calculator
Loan Amount $
Annual Interest Rate %
Term in Years
Number of Payments
Monthly Payment $



 


(Routing and Transit #222 382 137)
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
Copyright 2024 Focus First Federal Credit Union - All Rights Reserved - Click here for our Disclosures and Privacy Policy.
Developed and Hosted by Orlando Web Services