Resources and Rates

Most people don't exactly love researching rates or using a calculator... But, finding the best situation for you is important. Here is everything in one place to help figure that out.

Briefcase

UTMA

Fee-free savings account

Minimum Opening Deposit Dividend Rate Annual Percentage Yield** Minimum Balance to Obtain APY
$1.00 0.30% 0.30% $25.00

Auto Advantage

Auto Advantage

Approximate Repayment Term APR* as low as
24 Months 3.09%
36 Months 3.34%
48 Months 3.59%
60 Months 3.69%
72 Months 3.79%

Boomer Club

Current Rates

Minimum Opening Deposit Dividend Rate Annual Percentage Yield* Minimum Balance to Obtain APY
$1.00 0.30% 0.30% $25.00

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee^
(as of July 2018)

Maintenance

$3/month

$4.74

View complete details

 

 

 

Credit Builder Credit Card

Current Rates

APR For Purchases & Balance Transfers APR for Cash Advances
As low as 8.25%*** As low as 10.25%***

Fees

Item Fees
Annual Fee No fee
Balance Transfer Fee No fee
Cash Advance Fee No fee
Foreign Transaction Fee No fee
Late Payment Fee Up to $25
Returned Payment Fee Up to $25
View complete details

 

 

 

Holiday Club

Current Rates

Minimum Opening Deposit Dividend Rate Annual Percentage Yield* Minimum Balance to Obtain APY
$0.00 0.30% 0.30% $1.00

Traditional IRA

Tiered Dividends

Average Monthly Tier Balances Minimum Opening Deposit Minimum Balance to Obtain APY Dividend Rate Annual Percentage Yield*
Traditional IRA $0 –$2,499.99 N/A $1.00 0.30% 0.30%
Traditional IRA $2,500 –$9,999.99 N/A $2,500.00 0.65% 0.65%
Traditional IRA $10,000 –$24,999.99 N/A $10,000.00 0.75% 0.75%
Traditional IRA $25,000 –$49,999.99 N/A $25,000.00 0.80% 0.80%
Traditional IRA $50,000 & over N/A $50,000.00 0.95% 0.95%

Fees

Item SEFCU Fee

IRA Close Plan Fee

$15

IRA Transfer Fee

$15

View complete details

 

 

 

New Auto Model '18-'20

New Car Loan ’18 – ’20

Approximate Repayment Term APR* as low as
24 months 2.34%
36 months 2.59%
48 months 2.84%
60 months 2.94%
72 months 3.04%
84 months 3.59%

Personal Loans

Personal Loans

Approximate Repayment Term APR* as low as
12 months 6.74%
18 months 6.74%
24 months 6.74%
36 months 6.99%
48 months 6.99%
60 months 7.25%

Personal Line of Credit

Current Rates

Percent Above Index Daily Periodic Rate Present APR** as Low as
5.50% 0.030137% 11.00%

Private Student Loan

Current Rates

Approximate Repayment Term Percent Above Index APR as low as
180 months N/A 9.00%
180 months 6.00% 8.33%

Campus Connect Program

Current Rates

Minimum Opening Deposit Dividend Rate Annual Percentage Yield***
$1.00 0.30% 0.30%
$0.00 0.00% 0.00%

Additional Service Fees

Item Fee New York State Bank/Credit Union average fee^
(as of July 2018)

Certified Personal Check

$5

$9.98

Check Protest Fee

$15

N/A

Copy of Canceled Check

$5

$3.69

Counter Checks (4 per page)

$2 ($0.50/per)

$1.72/per

Original Canceled Check

$5

N/A

Returned Checks - Deposited

$10

N/A

Overdraft Transfer from Savings

$2.50

$8.59

Returned Checks - NSF (Non-Sufficient Funds)

$25

$33.50

Return NSF from POS/Check Card

$25

$33.41

Stop Payment done through SEFCU Online

$10

N/A

Stop Payment on Counter Check

$20

$29.77

Stop Payment on Personal Check

$20

$29.77

Stop Payment on Teller (Official) Check

$20

$29.77

Monthly Charge

No fee

$7.60

View complete details

 

 

 

Really Free Checking

Current Rates

Minimum Opening Deposit Dividend Rate Annual Percentage Yield***
Free Checking - No Minimum 0.00% 0.00%

Additional Service Fees

Item SEFCU Fee New York State Bank/Credit Union average fee^
(as of July 2018)

Certified Personal Check

$5

$9.98

Check Protest Fee

$15

N/A

Copy of Canceled Check

$5

$3.69

Counter Checks (4 per page)

$2 ($0.50/per)

$1.72/per

Original Canceled Check

$5

N/A

Returned Checks - Deposited

$10

N/A

Overdraft Transfer from Savings

$2.50

$8.59

Returned Checks - NSF (Non-Sufficient Funds)

$25

$33.50

Return NSF from POS/Check Card

$25

$33.41

Stop Payment done through SEFCU Online

$10

N/A

Stop Payment on Counter Check

$20

$29.77

Stop Payment on Personal Check

$20

$29.77

Stop Payment on Teller (Official) Check

$20

$29.77

Monthly Charge

No fee

$7.60

View complete details

 

 

 

Roth IRA

Tiered Dividends

Average Monthly Tier Balances Minimum Opening Deposit Minimum Balance to Obtain APY Dividend Rate Annual Percentage Yield*
Roth IRA $0 –$2,499.99 N/A $1.00 0.30% 0.30%
Roth IRA $2,500 –$9,999.99 N/A $2,500.00 0.65% 0.65%
Roth IRA $10,000 –$24,999.99 N/A $10,000.00 0.75% 0.75%
Roth IRA $25,000 –$49,999.99 N/A $25,000.00 0.80% 0.80%
Roth IRA $50,000 & over N/A $50,000.00 0.95% 0.95%

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee**
(as of July 2018)

IRA Close Plan Fee

$15

 

IRA Transfer Fee

$15

$35.05

Distribution from Contribution

Non-taxable, no IRS penalties

 

Distribution from Earnings:

• Roth IRA is less than 5 years old

• Withdrawals used for higher education

Taxable, no IRS penalties

 

Distribution from Earnings:

• Roth IRA is less than 5 years old

• Withdrawals not used for higher education

Taxable, may have IRS penalty

 

Distribution from Earnings

• Roth IRA is at least 5 years old

• Owner will be at least 59½ years old during the current tax year

No tax liability, no IRS penalty

 

Distribution from Earnings

• Roth IRA is at least 5 years old

• Owner won’t be at least 59½ years old during the current tax year

• Withdrawals are used to pay for qualified higher education expenses, certain medical expenses or for a “First-Time” home purchase

 

“First-Time” home purchase means:

• The home must be purchased by a grandparent, parent, spouse, child or grandchild of the IRA owner, or by the IRA owner

• The home purchaser may not have had his or her name on a mortgage deed in the last 3 years

• There is a lifetime limit of $10,000 which can be distributed from the Roth IRA for this purpose

No tax liability, no IRS penalty

 

View complete details

 

 

 

Preferred Savings

Current Rates

Average Monthly Tier Balances Dividend Rate Annual Percentage Yield* Minimum Balance to Obtain APY
Preferred Savings $0 - $2,499.99 0.30% 0.30% $1.00
Preferred Savings $2,500.00 - $9,999.99 0.55% 0.55% $2,500.00
Preferred Savings $10,000.00 - $24,999.99 0.65% 0.65% $10,000.00
Preferred Savings $25,000 –$49,999 0.70% 0.70% $25,000.00
Preferred Savings $50,000.00 and above 0.85% 0.85% $50,000.00

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee***
(as of July 2018)
Overdraft Transfer from Savings $2.50 $8.74
View complete details

 

 

 

Preferred Plus Savings

Current Rates

Average Monthly Tier Balances Dividend Rate Annual Percentage Yield** Minimum Balance to Obtain APY
Preferred Plus Savings $0 –$2,499.99 0.30% 0.30% N/A
Preferred Plus Savings $2,500.00 - $9,999.99 0.55% 0.55% $2,500.00
Preferred Plus Savings $10,000 - 24,999.99 0.65% 0.65% $10,000.00
Preferred Plus Savings $25,000 - $49,999.99 0.70% 0.70% $25,000.00
Preferred Plus Savings $50,000 - $99,999.99 0.85% 0.85% $50,000.00
Preferred Plus Savings $100,000–$249,999 1.35% 1.36% $100,000.00
Preferred Plus Savings $250,000–$499,999 1.35% 1.36% $250,000.00
Preferred Plus Savings $500,000–$999,999 1.35% 1.36% $500,000.00
Preferred Plus Savings $1,000,000+ 1.35% 1.36% $1,000,000.00

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee^
(as of July 2018)

Overdraft Transfer

No fee

$8.74

Teller Check

No fee

$6.14

Money Order

No fee

$3.38

Below minimum average daily balance *

$15

N/A

View complete details

 

 

 

Mint Savings

Current Rates

Minimum Opening Deposit Dividend Rate Annual Percentage Yield* Minimum Balance to Obtain APY
$1.00 0.30% 0.30% $25.00

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee^
(as of July 2018)

Overdraft Transfer from Savings

$2.50

$8.74

No activity for 12 months (activity can be as simple as depositing $1/month)

$3/month

$6.86/month

View complete details

 

 

 

School Banking Program

Fee-free savings account

Minimum Opening Deposit (SEFCU makes the first deposit) Dividend Rate Annual Percentage Yield* Average Daily Balance to Obtain APY
$1.00 0.30% 0.30% $25.00

SEFCU Debit Mastercard

Fees

Item SEFCU Fee New York State Bank/Credit Union average fee***
(as of July 2018)

Card Capture

$10

N/A

Deposit Correction

$7.50

N/A

Deposit of Empty Envelope

$15

N/A

Non-sufficient Funds (NSF)

$25

$33.02

Non-SEFCU ATM Balance Inquiry

$0.50

$1.46

Non-SEFCU ATM Withdrawal (includes POB Transactions)

$1.25

$2.26

Non-SEFCU ATM Withdrawal Attempt with NSF

$0.30

N/A

POS Transaction – NSF

$25

N/A

Replacement Card

$5

$7.29

Rush Replacement Card

$36

N/A

Withdrawals/Purchases Outside the U.S.

1% of transaction

N/A

View complete details

 

 

 

SEFCU Lightning Credit Card®

Current Rates

APR For Purchases & Balance Transfers APR for Cash Advances
As low as 13.24%*** As low as 15.24%***

Fees

Item Fee
Annual Fee No fee
Balance Transfer Fee No fee
Cash Advance Fee No fee
Foreign Transaction Fee No fee
Late Payment Fee Up to $25
Returned Payment Fee Up to $25
View complete details

 

 

 

SEFCU World™ Business Mastercard®

Current Rates

APR for purchases and balance transfers APR FOR CASH ADVANCES
As low as 10.25% As low as12.25%

Fees

Item Fee
Annual Fee No fee
Balance Transfer Fee No fee
Cash Advance Fee No fee
Foreign Transaction Fee No fee
Late Payment Fee Up to $25
Returned Payment Fee Up to $25
View complete details

 

 

 

SEFCU Business Mastercard®

Current Rates

APR for purchases and balance transfers APR FOR CASH ADVANCES
As low as 10.25% As low as12.25%

Fees

Item Fee
Annual Fee No fee
Balance Transfer Fee No fee
Cash Advance Fee No fee
Foreign Transaction Fee No fee
Late Payment Fee Up to $25
Returned Payment Fee Up to $25
View complete details

 

 

 

SEFCU Mastercard®

Current Rates

APR For Purchases & Balance Transfers APR for Cash Advances
As low as 10.24%*** As low as 12.24%***

Fees

Item Fee
Annual Fee No fee
Balance Transfer Fee No fee
Cash Advance Fee No fee
Foreign Transaction Fee No fee
Late Payment Fee Up to $25
Returned Payment Fee Up to $25
View complete details

 

 

 

SEFCU World™ Mastercard®

Current Rates

APR For Purchases & Balance Transfers APR for Cash Advances
As low as 11.24%*** As low as 13.24%***

Fees

Item SEFCU Fee

Annual Fee

No fee

Balance Transfer Fee

No fee

Cash Advance Fee

No fee

Foreign Transaction Fee

No fee

Late Payment Fee

Up to $25.00

Returned Payment Fee

Up to $25.00

View complete details

 

 

 

Traditional & Roth IRA Share Certificates

Fixed Rates

Approximate Repayment Term Dividend Rate Annual Percentage Yield**
6 months 0.65% 0.65%
10 months 1.15% 1.16%
12 months 1.50% 1.51%
15 months 1.65% 1.66%
18 months 2.25% 2.27%
24 months 2.35% 2.38%
36 months 2.50% 2.53%
48 months 2.70% 2.73%
60 months 2.75% 2.78%
24-month add-on 2.35% 2.38%

Fees

Item IRS penalty SEFCU penalty New York State Bank/Credit Union average fee***
(as of July 2018)

Early withdrawal

Additional IRS penalties may apply

Penalty for breaking the certificate, based on amount withdrawn and the original term length; exceptions are made for withdrawals intended to cover a required minimum distribution

$28.93 – $32.22

Early redemption

Additional IRS penalties may apply

Distributions are usually subject to a SEFCU penalty; exceptions are made in the case of the member having died

 

View complete details

 

 

 

Coverdell Education Share Certificates

Fixed Rates

Term Dividend Rate Annual Percentage Yield**
6 months 0.65% 0.65%
12 months 1.50% 1.51%
18 months 2.25% 2.27%
24 months 2.35% 2.38%
36 months 2.50% 2.53%
48 months 2.70% 2.73%
60 months 2.75% 2.78%
24-month add-on 2.35% 2.38%

Fixed-Rate Share Certificates

Fixed Rates

Approximate Repayment Term Dividend Rate Annual Percentage Yield**
3 months 0.65% 0.65%
6 months 0.65% 0.65%
9 months 1.15% 1.16%
10 months 1.15% 1.16%
12 months 1.50% 1.51%
15 months 1.65% 1.66%
18 months 2.25% 2.27%
24 months 2.35% 2.38%
30 months 2.35% 2.38%
36 months 2.50% 2.53%
48 months 2.70% 2.73%
60 months 2.75% 2.78%

Share Secured Loans

Current Rates

Percent Above Index APR as low as Minimum APR
1.50% Rate will vary according to current share dividend rate earned. See SEFCU Loan Officer for additional details. 1.50%
1.50% Rate will vary according to current share dividend rate earned. See SEFCU Loan Officer for additional details. 1.50%

Smart Sense Savings

Fee-free savings account

Minimum Opening Deposit (SEFCU makes the first deposit) Dividend Rate Annual Percentage Yield* Average Daily Balance to Obtain APY
$1.00 0.30% 0.30% $25.00