Rates


Savings Accounts
 
Account Type Minimum Deposit* Annual Percentage Rate (APR) Annual Percentage Yield (APY)
Shares $25.00 0.05% 0.05%
Christmas Club Accounts $5.00 0.05% 0.05%
IRAs $100.00 0.65% 0.65%

(Rates are accurate as of January 1, 2012**. Dividends credited and compounded quarterly.)

* Minimum deposit required to open an account.

** Quoted annual percentage rates (APR), annual percentage yields (APY), and effective dates are subject to change without notification at the discretion of the Board of Directors. The Dividend Rate and Annual Percentage Yield are the prospective rate and yield the Credit Union anticipates paying for the applicable dividend period.

(For the most current information and any restrictions and disclosures, phone us toll-free at 888-932-8148.)


Share Certificates
Certificate Term** Minimum Deposit* Annual Percentage Rate (APR) Annual Percentage Yield (APY)
12 Months $1,000.00 0.25% 0.25%
24 Months $1,000.00 0.50% 0.50%
36 Months $1,000.00 1.00% 1.00%

(Rates are accurate as of January 1, 2012***. Dividends credited and compounded quarterly. The certificates listed above are available for a limited time.)

*Minimum deposit required to open certificate account.

**We may impose a penalty if you withdraw any of the principal from a certificate account before the maturity date.

***Quoted annual percentage rates (APR), annual percentage yields (APY), and effective dates are subject to change without notification at the discretion of the Board of Directors. The Dividend Rate and Annual Percentage Yield are the prospective rate and yield the Credit Union anticipates paying for the applicable dividend period.

(For the most current information and any restrictions and disclosures, phone us toll-free at 888-932-8148.)


Money Market Accounts
Dividends Credited & Compounded** Minimum Deposit* Annual Percentage Rate (APR) Annual Percentage Yield (APY)
Monthly (Calendar) $1,000.00 0.10% 0.10%

(Rates are accurate as of January 1, 2012 ***.)

*Minimum deposit required to open, and the minimum Daily Balance required to avoid a service fee for the calendar month.

**Account transfer and withdrawal limitations apply.

***Quoted annual percentage rate (APR), annual percentage yield (APY), and effective date are subject to change without notification at the discretion of the Board of Directors. The Dividend Rate and Annual Percentage Yield are the prospective rate and yield the Credit Union anticipates paying for the applicable dividend period. Fees or other conditions could reduce earnings.

(For the most current information and any restrictions and disclosures, phone us toll-free at 888-932-8148.)


Loan Interest Rates

Apply For A Loan On-Line

(Unless stated otherwise, the following loan rates are disclosed
as annual percentage rates and are accurate as of: April 1, 2011*.)
Loan Types Annual Percentage Rate (APR)
Line of Credit Loans 14.00%
Overdraft Line of Credit Loans 14.00%
Holiday Line of Credit Loans 14.00%
Summer Vacation Line of Credit Loans 14.00%
Disaster Loans 12.00%
Debt Consolidation Loans 16.00%
Bridge Loans 14.00%
Tax Relief Line of Credit Loans 14.00%
Discounted New and Used Green Vehicle Loan Rates*** Are Available.
New Vehicles
     Approximate Term Annual Percentage Rate (APR)
        48 Months As low as 4.00%***
        84 Months As low as 5.50%***
New Luxury Vehicles: Loan > $40,000 and term > 84 Months (approximate term 120 Months) As low as 6.00%***
New Boats & RVs: Loan > $20,000 and term > 84 Months (approximate term 120 Months) As low as 6.00%***
Used Vehicles
     Approximate Term Annual Percentage Rate (APR)
        48 Months As low as 5.50%***
        84 Months As low as 5.75%***
Used Luxury Vehicles: Loan > $40,000 and term > 84 Months (approximate term 120 Months) As low as 6.25%***
Used Boats, RVs & Classic Autos: Loan > $20,000 and term > 84 Months (approximate term 120 Months) As low as 6.25%***
Certificate Secured Loans Secured Certificate Rate Plus 2.00%
PC Equipment Loans 8.00%
Share Loans Share Rate Plus 3.00%
**Land Loans 8.50%
**Home Equity Line of Credit Loans Based on Combined Loan-to-Value and the Index****

*Quoted annual percentage rates (APR) and effective dates are subject to change without notification at the discretion of the Board of Directors.

**Eligible property must be located within the State of North Carolina.

***The loan rates shown are our premium rates based on Welcome Federal Credit Union's risk-based lending program. Your rate may vary and is determined by your credit score, amount financed, collateral, and loan terms. Other rates and terms are available. All rates and terms are subject to change without notice.

****This plan has a variable rate feature and the Annual Percentage Rate (corresponding to the periodic rate) and the minimum payment may change as a result. The Annual Percentage Rate includes only interest and no other costs. The Annual Percentage Rate is based on the value of an index and the combined loan-to-value. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published, the highest rate will be used. We will use the most recent index value available to us as of the last business day of the January preceding any annual percentage rate adjustment.

To determine the Annual Percentage Rate that will apply to your account, we add a margin to the value of the index. If the rate is not already rounded, we then round up to the next .25%.

The Annual Percentage Rate can change annually on the first day of May. The rate cannot increase or decrease more than 1.0 percentage point in any one year period. The Annual Percentage Rate cannot increase more than 6.0 percentage points above the initial rate. However, under no circumstances will your Annual Percentage Rate go below 6.0% at any time during the term of the plan.

(Contact your branch for more information and full disclosures.)

For more information, call or stop by any of our branch offices.

Main Branch 919-474-3240
Moore Drive Branch-RTP       919-483-8844
Zebulon Branch 919-269-1225
Greenville Branch 252-758-3279
Henderson Branch 252-430-3655

Attention GlaxoSmithKline Field Staff:

  • The Main Branch serves Field Staff residing west of the Mississippi.
  • The Moore Drive Branch serves Field Staff residing east of the Mississippi.