SUMA FCU Rates
- Rates Effective as of 12/20/2024
- Rates are subject to change without prior notice.
- Call us or text to check rates 914-220-4900
Savings Rates
| Account | Min. Opening Balance | Dividend Rate | APY | Min. bal. to earn APY | Penalty for early withdrawal |
|---|---|---|---|---|---|
| Regular Shares | $50 | 0.25 | 0.25 | $50 | - |
| Share Drafts (Checking) | $50 | 0.05 | 0.05 | $50 | - |
| 3-Month Share Certificate | $1,000 | 2.25 | 2.28 | $1,000 | 3 Months Dividends |
| 6-Month Share Certificate | $1,000 | 4.10 | 4.18 |
$1,000 | 3 Months Dividends |
| 1-Year Share Certificate | $1,000 | 4.00 | 4.08 |
$1,000 | 3 Months Dividends |
| 2-Year Share Certificate | $1,000 | 3.70 | 3.77 |
$1,000 | 6 Months Dividends |
| 3-Year Share Certificate | $1,000 | 3.60 | 3.67 |
$1,000 | 9 Months Dividends |
| 4-Year Share Certificate | $1,000 | 3.50 | 3.56 |
$1,000 | 9 Months Dividends |
| 5-Year Share Certificate | $1,000 | 3.50 | 3.56 |
$1,000 | 9 Months Dividends |
| Money Market Up to $99,999 | $2,500 | 1.65 | 1.67 |
$50 | - |
| Money Market - $100,000 - $249,999 | $100,000 | 2.15 | 2.18 | $50 | - |
| Money Market - $250,000 & Up | $250,000 | 2.40 | 2.43 | $50 | - |
| IRA shares | None | 2.50 | 2.53 |
$50 | Yes* |
| Escrow share | - | 0.01 | 0.01 | - | - |
* For Traditional IRA and ROTH IRA the early withdrawal penalty does not apply if the withdrawal is made following the owner (s) attainment of not less than 59 ½ years of age or if the withdrawal is made for health/disability emergency, first time home purchase, or higher education expenses. For EDUCATION IRA the early withdrawal penalty does not apply if the withdrawal equals the child’s qualified higher education expenses (provided the account has been in existence for 5 years).
Otherwise, any withdrawal of earnings from the account is taxable and 10% penalty tax may apply. There is no MDR (Mandatory Withdrawal Requirement) age on your ROTH IRA.
Mortgage Rates
A loan amount of $220,000 will result in these monthly payments
Estimated Payments*
1-4 Family Owner OCCUPIED/CONDOMINIUMS /CO-OPS
| Title | Points | Rate | APR** | Months | Rates | Amount |
|---|---|---|---|---|---|---|
| 10 Year Fixed Mortgage | Zero Points | 5.750% | 5.952% |
119
1
|
5.750%
5.750%
|
$2,414.93
$2,413.79
|
| 15 Year Fixed Mortgage | Zero Points | 5.875% | 6.021% |
179
1
|
5.875%
5.875%
|
$1,841.67
$1,838.89
|
| 20 Year Fixed Mortgage | Zero Points | 6.000% | 6.118% |
239
1
|
6.000%
6.000%
|
$1,526.15
$1,575.49
|
| 25 Year Fixed Mortgage | Zero Points | 6.125% | 6.227% |
299
1
|
6.125%
6.125%
|
$1,434.33
$1,427.77
|
| 30 Year Fixed Mortgage | Zero Points |
6.250%
|
6.343% |
359
1
|
6.250%
6.250%
|
$1,354.58
$1,352.55
|
| 5/5 Year Adjustable | Zero Points | 5.750% | 6.590% |
60
60
60
180
|
5.750%
7.750%
9.750%
11.750%
|
$1,283.87
$1,541.45
$1,734.49
$1,830.70
|
| 7/1 Year Adjustable | Zero Points | 5.875% |
6.508%
|
84
12
12
252
|
5.875%
7.875%
9.875%
11.875%
|
$1,301.39
$1,545.34
$1,790.66
$2,032.08
|
* Payments shown do not include amounts for taxes and insurance. Actual payment obligation will be larger. Other restrictions apply. For adjustable rate loans, after the initial period, rates and payments are based on the following margin: rate is variable and can increase by no more than 2 percentage points after the initial period and at each subsequent rate adjustment, with a lifetime maximum adjustment of 6%.
Assumptions
Owner occupied.
Down payment of 20%.
Member profile with qualifying credit.
Example based on $220,000 loan.
These assumptions are subject to change without notice. Rate, points and APR may be adjusted based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value and your credit score. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply.
Down payment of 20%.
Member profile with qualifying credit.
Example based on $220,000 loan.
These assumptions are subject to change without notice. Rate, points and APR may be adjusted based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value and your credit score. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply.
** The annual percentage rate (APR) is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on the interest rates and points only and does not take into account other loan specific finance charges you may be required to pay.
Member Business Loans
1-4 Family (Non Owner Occupied)
Commercial Real Estate (Over 4 Family Residential, Mixed Use, Commercial Properties)
Home Equity Line of Credit
- 10 Year Draw
- 15 Year (Max) Payback Period
- Primary Residence: Prime for life of loan (4.00% minimum)
- Business HELOC: Prime plus 1/2 (4.50% minimum)
Loans Rates
Pledge of shares
Pledge of Certificate
- 2.5% Higher Than CD Rate Up to 24 months / Extra .25% for 25 to 60 Months
Pledge of Money Market Accounts
- 2.5% Higher Than Money Market Rate Up to 24 months / Extra .25% for 25 to 60 Months
Personal Loans
Auto Loan Rates
New Auto Loans 100% Financing*
Used Auto Loans 90% Financing