Loan Rates
Rates are effective as of 09/01/2024
Vehicle Loan Special – Fixed Rate, for New and Used Vehicles
| APR* | Term | Type of vehicle |
|---|---|---|
| 7.99% - 15.99% | Up to 5 years | New & Used (3 Years Old - 2022 or newer) |
| 7.74% - 15.74% | Up to 5 years | New & Used (3 Years Old - 2022 or newer) Hybrid/Electric cars only |
This fixed interest rate loan special is available for the purchase of new and used vehicles up to 3 years old.
*APR means annual percentage rate. This is a limited time offer. Based on the results of your credit evaluation and the analysis of your repayment ability, your rate will be within this range, and/or you might be approved for a smaller loan than you requested; your loan might also be denied.
New Vehicle Loan – Variable Rate
| APR* | Term | Loan Amount |
|---|---|---|
| 6.50% - 16.50% | Up to 5 years | Any, when approved |
| 7% - 17.50% | Between 6 and 7 years | Any, when approved |
| 8.50% - 9.50% | Between 8 and 9 years | Over $50,000 |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
Used Vehicle Loan – Variable Rate
| APR* | Term | Loan Amount |
|---|---|---|
| 7% - 17% | Up to 5 years | Any, if approved |
| 7.50% - 18% | Between 6 and 7 years | Over $35,000 |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
Boats, Motorcycle and RVs – Variable Rate
| Type | APR* | Term | Loan Amount |
|---|---|---|---|
| New | 8.50% - 18.00% | Up to 5 years | Any, when approved |
| Used | 9% - 18.00% | Up to 5 years | Any, when approved |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
Personal Loans
| Type of Loan | APR* | Term | Loan amount |
|---|---|---|---|
| Green Loan | 8.44%** | Up to 42 months | Up to $15,000 |
| Signature | 11.50% - 18.00% | Up to 6 years | Up to $35,000 |
| Deposit Secured (Shares and Share Certificates) | 2.5% above the rate paid on deposit pledge | Up to 10 years | Available balance on deposit pledge |
| Post-Secondary Education Loan | 9.50% - 11.50% | Up to 4 years | Up to $15,000 |
| International Personal Loan | 18%*** | Up to 3 years | Up to $5,000 |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
** This is a fixed rate and will remain the same during the entire life of the loan. Loan approval is based on a credit and repayment ability evaluation, and it is possible that you may not qualify for this loan. Loan disbursement subject to proof of purchase or invoice of the green product. Available only for members and improvements in the United States.
****This is a variable rate loan. The rate is determined by adding a margin to an existing published rate (the Prime Rate published on the Wall Street Journal), and the rate may change without previous notice on the last day of March, June, September or December each year; however, your rate will never exceed 18% APR. Based on the results of your credit evaluation, and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied. This loan is offered exclusively to members of OAS FCU who do not otherwise qualify for any loans via their employers as part of their employers’ relationships with the Credit Union. We offer this loan to those who have been members of OAS FCU longer than one year, and who can provide proof of employment with income exceeding 24 months. Sample repayment schedule: the monthly payment for a 3-year loan with the current rate would be $35.65 for every $1,000 borrowed.
Fixed Rate Personal Loans
| Type of Loan | APR** | Term | Loan Amount |
|---|---|---|---|
| Green Loan | 8.44%* | Up to 42 months | Up to $15,000 |
* This is a fixed rate and will remain the same during the entire life of the loan. Loan approval is based on a credit and repayment ability evaluation, and it is possible that you may not qualify for this loan. Loan disbursement subject to proof of purchase or invoice of the green product. Available only for members and improvements in the United States.
** APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied. Sample payment: the monthly payment for a $15,000 loan would be $451.25 in 36 installments.
***Fixed rate limited time offer loans.
Mortgage
| Type | Term | Rate |
|---|---|---|
| Fixed | 30, 20, 15 and 10 years | Today's Rate |
| Balloon | 15, 10 and 7 years | Today's Rate |
| ARM | 15/15, 10/1, 7/1 and 5/1 year | Today's Rate |
| FHA Fixed | 30 and 15 years | Today's Rate |
| VA Fixed | 30 and 15 years | Today's Rate |
Home Equity Line of Credit
| APR* | Term |
|---|---|
| 8% - 13% | Up to 15 years |
* APR means Annual Percentage Rate. OAS FCU’s Home Equity Line of Credit is a variable interest rate loan -indexed based on the Prime Rate, to which a margin is added- and therefore subject to change without notice on any of the following dates: the first day of January, April, July, or October each year. The rate on this loan will never exceed 18% APR. An OAS FCU Home Equity Line of Credit is available for owner-occupied properties only. The rates listed are a range of rates for which you may qualify based on your credit evaluation and repayment ability. Based on the results of that evaluation, you might be approved for a smaller loan than you request; your loan might also be denied. This loan is subject to a credit and repayment evaluation process, and you may not qualify or may qualify for a loan with different terms. OAS FCU will lend a maximum of 80% combined Loan-to-Value (CLTV) based on the appraised value of the property. The minimum Home Equity Line of Credit amount is $20,000 with an initial advance of $5,000. Later advances will be at least $500. The draw period will extend for the first five (5) years after the opening of the line of credit. Property insurance may be required for this loan. Appraisal, tax recording, and other closing costs apply and will be at your expense. Using a Good Faith Estimate, the closing costs for a $100,000 Home Equity Line of Credit (OAS FCU’s average HELOC amount) would be approximately $2,308. Depending on the property’s location, loan amount, and other factors, the combined closing costs will differ.
OAS, IICA & Other SEGs
| Type | APR* | Terms | Loan Amount |
|---|---|---|---|
| OAS Retirement & Pension Plan | 8% | Up to 15 years | Up to $65,000 |
| IICA Recognition of Years of Service | 8% | Up to 15 years | Up to 100% of accrued benefit |
| CAF Recognition for Years of Service | 8% | Up to 15 years | Up to $35,000 |
| OAS Benefits | 10.50% | Up to 10 years | Up to $10,000 |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
Credit Cards
| Type | APR* | Credit Limit |
|---|---|---|
| VISA Platinum | 13.25% - 16.25% | Up to $30,000 |
| VISA Classic | 11.25% - 17.99% | Up to $10,000 |
| Balance Transfer(1) | 2.25% | Up to available credit |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.
(1) The promotional APR is available for the first 12 months after the balance transfer. Any remaining balance remaining after that time will incur the standard rate of your card at that time.
Deposit Account Rates
Rates are effective as of 01/01/2024
Share Savings
| APY* | Share Value |
|---|---|
| 0.40% | $5 |
*APY Annual Percentage Yield.
Reward Checking
| APY* | Balance |
|---|---|
| 0.05%-2.05%** | See below |
*APY Annual Percentage Yield
** 2.05% APY applies to balances of $0 - $6,000 and 0.05% APY applies to balances over $6,000 if qualifications are met during the monthly qualification cycle, as well as to all balances if monthly qualifications are not met. Rates may change after the account is opened. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions
Regular Share Certificates
| Term | Dividend Rate | APY** | Minimum amount |
|---|---|---|---|
| 6 months | 4.00% | 4.08% | $500 |
| 6 months jumbo | 4.05% | 4.13% | $100,000 |
| 12 months | 4.25% | 4.34% | $500 |
| 12 months jumbo | 4.30% | 4.39% | $100,000 |
| 18 months | 3.70% | 3.77% | $500 |
| 18 months jumbo | 3.75% | 3.82% | $100,000 |
| 24 months | 3.85% | 3.92% | $500 |
| 24 months jumbo | 3.90% | 3.98% | $100,000 |
| 30 months | 3.65% | 3.72% | $500 |
| 30 months jumbo | 3.70% | 3.77% | $100,000 |
| 36 months | 3.70% | 3.77% | $500 |
| 36 months jumbo | 3.75% | 3.82% | $100,000 |
| 48 months | 3.75% | 3.82% | $500 |
| 48 months jumbo | 3.80% | 3.87% | $100,000 |
| 60 months | 3.85% | 3.92% | $500 |
| 60 months jumbo | 3.90% | 3.98% | $100,000 |
** APY Annual Percentage Yield.
Step-Up Share Certificates
| Term | Dividend Rate | APY** | Minimum Amount | Rate Increase |
|---|---|---|---|---|
| 24 months | 3.60% | 3.67% | $2,500 | One time |
| 24 months jumbo | 3.65% | 3.72% | $100,000 | One time |
| 36 months | 3.45% | 3.51% | $2,500 | One time |
| 36 months jumbo | 3.50% | 3.56% | $100,000 | One time |
| 48 months | 3.50% | 3.56% | $2,500 | Twice |
| 48 months jumbo | 3.55% | 3.61% | $100,000 | Twice |
| 60 months | 3.60% | 3.67% | $2,500 | Twice |
| 60 months jumbo | 3.65% | 3.72% | $100,000 | Twice |
** APY Annual Percentage Yield.
Savings Club (does not include Reward Club accounts)
| Type | Term | APY* | Requirements |
|---|---|---|---|
| Tax | 12 months | 0.65% | Monthly Deposits |
| Holiday | 12 months | 0.65% | Monthly Deposits |
| Vacation | 12 months | 0.65% | Monthly Deposits |
*APY Annual Percentage Yield.
Retirement Accounts (IRA)
| Type | Dividend Rate | APY** | Minimum Amount |
|---|---|---|---|
| Traditional IRA | 0.65% | $2,500 | |
| IRA Share Certificate (36 Month) | 3.70% | 3.77% | $2,500 |
| Jumbo IRA Share Certificate (36 Month) | 3.75% | 3.82% | $100,000 |
** APY Annual Percentage Yield.
Overdraft Protection
| APR* | Credit Limit |
|---|---|
| 13.99% | Up to $7,000 |
* APR means annual percentage rate. This is a variable indexed rate based on the Prime Rate published by The Wall Street Journal. Using that rate as reference and, as it fluctuates, your loan rate may change on any of the following dates: the last day of March, June or September or December. An increase in rate might affect your payment amount. OAS FCU lists rate ranges that are applied during loan evaluation. Based on the results of your credit evaluation and the analysis of your repayment ability, you might be approved for a smaller loan than you requested; your loan might also be denied.