LOAN RATES
Signature | 7.00% - 14.00%
Share loan
| 1.39% - 4.99%
New Auto | 1.39% - 4.99%
Used Auto | 2.89% - 5.89%
Tuition Aid | 8.00% - 13.00%
Spot loan | 15.00%

 

REGULAR SHARE RATES
$25 - 1,999.99
| 0.10%
$2K - 9,999.99
| 0.15%
$10K - $39,999.99
| 0.25%
$40,000 and up
| 0.35%
 
HOLIDAY CLUB RATE
$5.00 and up
| 0.10%

 



What's new at the credit union

Coming Soon!!! - BNA Federal Credit Union Credit Cards and Prepaid Debit Cards.  Available in November

New Loan Duration

Auto loans are now available for up to 7 years.

New Loan Rates

Effective May 1, 2017 the interest rates on loans will be as follows:

Signature Loan Chart

Credit Rating Segment

 Signature Loan
amount

Interest
Rates

Payment Terms

720 and up

 $                       15,000.00

9%

130 bi-weekly / 5 years 
Bi-weekly payments of $137.29 (approximately)

700 - 719

 $                       15,000.00

10%

130 bi-weekly / 5 years. 
Bi-weekly payments of $140.62 (approximately)

680 - 699

 $                       10,000.00

11%

130 bi-weekly / 5 years. 
Bi-weekly payments of $96.00 (approximately)

650 - 679

 $                          8,000.00

13%

117 bi-weekly / 4.5 years. 
Bi-weekly payments of $87.22 (approximately)

630 - 649

 $                          7,000.00

13%

104 bi-weekly / 4 years. 
Bi-weekly payments of $83.72 (approximately)

600 - 629

 $                          5,000.00

16%

78 bi-weekly / 3 years payments. 
Bi-weekly payments of $79.15 (approximately)

580 - 619

 $                          2,500.00

16%

26 bi-weekly payments / 1 year. 
Bi-weekly payments of $103.96 (approximately)

550 - 579

 $                          1,500.00

16%

16 bi-weekly payments / 8 months.  
Bi-weekly payment of $98.73 (approximately)

Loan Chart

Type of Loan
Loan Duration
Interest Rate based on Beacon Score
600 - 629
630 - 699
700 - 729

730 & above

SPOT
LOANS
4 Pay Period
18.00%, max $500.00
6 Pay Period
18.00%, max $1,000.00
SHARE-SECURED LOANS
2 YEARS
1.39%
4 YEARS
2.29%
5 YEARS
2.49%
6 YEARS
3.49%
8 YEARS
4.49%
10 YEARS
5.49%
NEW CAR LOANS
2 YEARS
4.39%
2.89%
1.39%
3 YEARS
4.59%
3.09%
1.79%
4 YEARS
4.79%
3.29%
1.99%
5 - 7 YEARS
4.99%
3.49%
2.19%
USED CAR LOANS
2 YEARS
4.89%
4.39%
2.89%
3 YEARS
5.09%
4.56%
3.59%
4 YEARS
5.29%
4.79%
3.79%
5 - 7 YEARS
5.89%
4.99%
3.99%

 

*** Unsecured signature loans can be renegotiated after the member has paid at least 50% of the maximum value depending on the terms of the loan.


New Savings Rate

Type of Account
Dividend Rate
Minimum Balance
Regular Share Account
$25.00 - $1,999.99
0.25%
$25.00
$2,000.00 - $9,999.99
0.30%
$2,000.00
$10,000.00 - $39,999.99
0.40%
$10,000.00
$40,000.00 and up
0.60%
$40,000.00
Holiday Club Account
0.25%
$5.00


Late Fee on Loan Payments

The Board agreed to impose a $30.00 late fee on all loan accounts that are 30 days past due effective January 1, 2011.

 


$250,000 Share Insurance Fund

​​​​​​​The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure member’s deposits in federally insured credit unions. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund separately protects IRA and KEOGH retirement accounts up to $250,000. The Share insurance Fund has the backing of the full faith and credit of the United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.

 
 
 
   
 
  BNAFCU • 1801 S. BELL ST • RM 1319 • ARLINGTON, 22202 • 703-341-3044 • credit_union@bna.com

PRIVACY NOTICE | DISCLAIMER | TRUTH IN SAVINGS | CONTACT US | ©2011 BNA FEDERAL CREDIT UNION