Rates

Belonging to F&A definitely has its benefits! Our member-owners enjoy some of the lowest interest rates on loans anywhere in the country. Whether you need a car, vacation, or just some extra cash to consolidate bills, F&A has the right loan program for you.

Fixed Rate First Mortgage Loans
First mortgage loan rates may require an upward adjustment or additional fees may be charged based on credit score, loan to value, or loan type. APR is based on a $657,900.00 loan amount. Representative example: For a purchase loan of $822,375.00 minus a 20% down payment, 360 monthly payments of $4,267.13 each month with no points at 6.750% rate & 6.753% APR. Payment does not include amounts for taxes or insurance premiums. The actual payment may be greater. Loans are limited to owner-occupied and 2nd home single-family residences, condominiums, and townhomes.
*verify FNMA county limit

60-Month Certificate
APY = Annual Percentage Yield.
Minimum Daily Balance required to earn the stated APY. In a low interest rate environment, a larger balance is required to earn dividends.
All dividends are compounded daily and credited monthly and at maturity. Certificate accounts closed before maturity are subject to penalties as shown in the Certificate Account Agreement and Disclosure Statement. APYs assume dividends remain on deposit until maturity. All rates subject to change without notice. A one-time additional deposit can be made to the regular 6 to 17 month Certificate Accounts, only in an amount no greater than the original deposit. Dividends are paid from current income and available earnings, after the required transfer to reserves at the end of a dividend period. Fees or other conditions could reduce earnings on any of the listed accounts. Please refer to F&A’s Account Agreement and Truth-in-Savings Disclosure for specific details about any account.

Home Equity Line-of-Credit
Rates as of the Effective Date above and are subject to change. Home Equity Line of Credit loan programs are based on FICO credit score of the primary borrower. Owner-occupied California, Arizona and Nevada properties only. Additional CLTV restrictions apply to properties outside of California, 2nd homes and 2-4 unit properties. The annual percentage rate may vary. The maximum APR for is 15.00%. Property insurance is required. Upfront costs are waived or paid by the Credit Union. 10-year draw period with interest only payment followed by 15-year no-draw amortization. Other terms and conditions apply.

Auto Loans
The maximum loan amount is $100,000. Maximum vehicle age is the current model year minus 12 years (2012 models for 2024). Mechanical breakdown protection and GAP coverage purchased through F&A are not considered in determining the loan rate for Used Autos. Cash out used car financing includes mileage and the installed options. Rates and terms quoted are subject to change without notice. All loans subject to approval. Others terms and conditions may apply. Representative Example: Financing $25,000.00 at 4.99% for 60 months, payment of $472.00 per month. Finance charges will continue to accrue at the rate provided in your loan agreement during the payment deferral period. Autos F&A will not finance includes but is not limited to vehicles with salvaged titles, lemon buy backs, or vehicles being used for business purposes such as Lyft, Uber, etc.

Credit Cards
The signature of a co-signer who has attained the age of 21 and has a means to repay debts incurred in connection with the Account before the primary borrower has attained the age of 21 is required. Otherwise, the borrower must submit proof of their independent ability to make the required payment arising from the proposed extension of credit in connection with the account. Other restrictions may apply.

APR= Annual Percentage Rate. Other terms and conditions may apply, ask for details. Rates are accurate at time of publication. All rates subject to change. Your actual rate is determined by your credit score and VISA card type.

Checking Accounts
APY = Annual Percentage Yield.
Minimum Daily Balance required to earn the stated APY. In a low interest rate environment, a larger balance is required to earn dividends.
All dividends are compounded daily and credited monthly and at maturity. Certificate accounts closed before maturity are subject to penalties as shown in the Certificate Account Agreement and Disclosure Statement. APYs assume dividends remain on deposit until maturity. All rates subject to change without notice.
After the age requirement expires or if the account is changed back to receiving paper statements all funds and dividends will be transferred to the S1 account. Youth Account is not available on custodial or Coogan accounts. One account per member.