Suffolk VA City Employees FCU
434 W. Washington Street
P.O. Box 4234
Suffolk, VA 23439
Phone (757) 809-3640
Fax (757) 809-3642
contactus@svcefcu.org


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Hours of Operation

Monday - Friday
9:00am - 5:00pm



HOLIDAY CLOSINGS

President's Day

February 21, 2011

Memorial Day

May 30, 2011

Independence Day

July 4, 2011

RATE AND FEE SCHEDULE

Rates are subject to change as determined by the Credit Union's Board of Directors.
Dividends are paid quarterly.

SHARES •  SHARE CERTIFICATES •  LOANS •  FEES

SHARE RATES
Account Type Minimum Balance to Open Account Minimum Balance to Obtain APY Dividend Rate Annual Percentage Yield (APY)
Share Account $ 25.00 $ 100.00 0.25% 0.25%
Children's Share Account $ 5.00 $ 25.00 0.25% 0.25%
Individual Retirement Account $ 25.00 $ 100.00 0.50% 0.50%

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SHARE AND IRA CERTIFICATE RATES **
Term Minimum Balance to Open Account Minimum Balance to Obtain APY Dividend Rate Annual Percentage Yield (APY)
12 month $ 1,000.00 $ 1,000.00 0.50% 0.50%
$ 5,000.00 $ 5,000.00 0.75% 0.75%
$ 10,000.00 $ 10,000.00 1.00% 1.01%

** Early withdrawal penalties may be applied.


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LOAN RATES
Loan Type Annual Percentage Rate (APR) *
Share Secured (100%) 2.00% above share dividend rate
Share Secured (75%) 4.00% above share dividend rate
Share Secured (50%) 6.00% above share dividend rate
Partially-Secured 3.00% above rate as determined by vehicle securing loan
New Vehicle (titled less than 180 days) as low as 4.00%
Used Vehicle (titled more than 180 days and older) as low as 4.50%
Signature ($5,000 maximum) as low as 10.00%
90-Day Note as low as 10.00%
Pay Day ($300 minimum/$500 maximum) 18.00%

* APR based upon individual creditworthiness and term of loan


Get an extra 0.25% off the loan rate if the loan is paid with payroll deduction





FEES
Fee Type Amount
ACH Return Fee $ 30.00
Statement Copy Fee $ 5.00
Stop Payment Charge $ 30.00
Loan Application Fee $ 10.00
Return Deposit Item Charge $ 30.00
Early Withdrawal Fee (Christmas and Vacation Club Accounts) $ 25.00
Excessive Withdrawal Fee (6 withdrawals allowed per calendar month, fee per excess withdrawal) $5.00
Inactive Account Fee (per quarter for balances under $1,000 after 12 months no member-generated account activity) $5.00
Return Mail Fee (per piece of mail received) $10.00
Account Closed Fee (within first 90 days opened) $25.00
Reopen Account Fee (within 6 months of closing) $25.00
Account Research Fee (fee per hour) $35.00
Wire Transfer Fee $10.00
Gift Card Purchase $2.50 per card
CUMoney Card Purchase (Reloadable Prepaid Debit Card) $8.00 per card
Loan Late Charge 5 % of loan payment after 7 days delinquent

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