L&N Federal Credit Union: Current Rates

Contact your nearest Branch Office for additional rate information.
Rates are subject to change at any time.
APR = Annual Percentage Rate APY = Annual Percentage Yield

Deposit Rates

Share Certificate Accounts

Account

Term

Minimum Balance

APY

91 Days

$2500.00

1.00%

6 Months

$2500.00

1.30%

1 Year

$1000.00

1.45%

* 1 Year Youth

1 Year

$500.00

1.45%

*1 Year Youth Education

1 Year

$500.00

1.45%

18 Month

$2500.00

1.70%

2 Year

2 Years

$1000.00

2.00%

3 Year

3 Years

$1000.00

2.30%

4 Year

4 Years

$1000.00

2.75%

5 Year

5 Years

$1000.00

3.00%

5 Year IRA (Traditional/Roth)

5 Years

$1000.00

3.00%

Easy Save

1 Year

$250.00

.95%

HSA CHECKING

$4,999.99

.10%

HSA CHECKING

$5,000

$14,999.99

0.35%

HSA CHECKING

$15,000

$24,999.99

0.60%

HSA CHECKING

$25,000

$49,999.99

0.85%

HSA CHECKING

$50,000

$99,999.99

1.10%

HSA CHECKING

$100,000

& UP

1.35%

1 Year HSA

1 Year

$1000.00

1.45%

H.S.A.

$4999.99

.25%

H.S.A.

$5000.00

& UP

.50%

Preferred Business Checking

$24,999.99

.15%

Preferred Business Checking

$25,000

$99,999

.50%

Preferred Business Checking

$100,000

& UP

1.00%

*The Youth Certificate is for children 17 and under.
ALL IRA CERTIFICATES HAVE A MINIMUM BALANCE OF 1000.00 WITH NO 91 DAY TERM.

IRA Accounts

Rate

APY

.75%

IRA CERTIFICATES ARE AVAILABLE IN ALL REGULAR CERTIFICATE TYPES EXCEPT 91 DAY, WITH A MINIMUM BALANCE OF $1000.00.

Saving Account		Under $4999.99	.25%
		Over $5000.00	.50%

Money Market Account

$0 - $4,999.99

0.10%

$5,000 - $14,999.99

0.35%

$15,000 - $24,999.99

0.60%

$25,000-$49,999.99

0.85%

$50,000-$99,999.99

1.10%

$100,000 & UP

1.35%

L&N is pleased to announce the offering of a tiered Money Market product. Rates on the Money Market Accounts may change weekly. Dividends are earned daily and posted monthly. There is no minimum balance requirement.

Premier Money Market Accounts

Minimum Balance

APY

Premier Money Market Account

$25,000.00

1.35%

L&N is pleased to announce the offering of a new Premier Money Market product. Rates on the Premier Money Market Account may change weekly. The Premier Money Market has a minimum balance of $25,000 to earn dividends and a minimum balance of $25,000.00 to open.

Loan Rates

Auto Loan Accounts

Model Year

Month Term

Fixed APR

2010-2008

4.50% Special *

2010-2005

5.50%

2010-2005

6.00%

2010-2005

6.50%

2004-2001

5.75%

2004-2001

6.00%

2004-2001

6.50%

* Annual Percentage Rate based on credit qualifications. Rate subject to change. New L&N Loans only. 60 month term. Requires Direct Deposit and Automatic Payment, otherwise rate is as low as 5.50%. No additional discounts apply.

Share Secured Loan Accounts
Rate	Term	Minimum Monthly Payment
3.00%	10 Year Maximum	$25.00

Signature Loan Accounts
Term	Fixed APR
12 Month	12.00% - 18.00%
24 Month	12.00% - 18.00%
36 Month	12.00% - 18.00%

Mortgage Rates

Adjustable Rate Mortgages (ARMS) Accounts

Term

Rate

APR *

1 Year Arm

4.125%

4.239%

3 Year Arm

4.25%

4.445%

3 Year Arm**

6.375%

6.374%

5 Year Arm

4.375%

4.454%

Rates are based on individual credit scores. APR disclosed is for "A" credit and may not be applicable to all. *APR is based on a loan amount of $50,000.00* ** Minimum loan amount of $20,000.00, maximum of $417,000.00. ** Minimum loan term is 15 years, maximum loan term is 30 years * This APR is subject to change based on the mortgage plan selected. * 1,3,and 5 Year ARMS have an annual cap of 2.00%, with a 6% lifetime cap. ** 3 Year ARMS have 2.00% cap every 3 years,with a 6% lifetime cap. * Maximum Purchase Transaction - 95% Loan to Value. PMI is required on loans over 80% Loan to Value. * Maximum Cash-Out Refinance - 85% Loan to Value. * Adjustable Rate Loans are assumable under certain conditions. *The 1,3, and 5 year ARMs are based on the 1 yr LIBOR index which can be located in the Wall Street Journal. **The 3 year arm is based on the 3 yr treasury yield.

Fixed Rate Mortgages (FRMS) Accounts

Term

Rate

APR *

10 Year Fixed

4.500%

4.805%

15 Year Fixed

4.625%

4.841%

20 Year Fixed

5.125%

5.297%

30 Year Fixed

5.125%

5.252%

40 Year Fixed

5.625%

5.735%

Rates are based on individual credit scores. APR disclosed is for "A" credit and may not be applicable to all. *APR is based on a loan amount of $50,000.00* ** Maximum Purchase Transaction - 95% Loan to Value. Private Mortgage Insurance. (PMI) is required on loans over 80% Loan to Value. ** Maximum Cash-Out Refinance - 85% Loan to Value. ** Maximum loan amount is $417,000.00. * This APR is subject to change based on the mortgage plan selected. * Fixed rate loans are fully amortized and the Principle and Interest payment will remain the same during the life of the loan;escrowing for property taxes and/or homeowners insurance, may cause an increase or decrease in your monthly payment. * Fixed rate loans are not assumable.

Fixed Rate Second Mortgages Accounts

Term

Rate

APR *

Up to 60 Months up to 80%

5.875%

Up to 180 Months up to 70%

6.000%

Up to 180 Months over 70% and up to 90%

6.750%

* Maximum loan amount of $150,000.00 * All fixed rate second mortgages are fully amortized. The Principle and Interest payment will never change throughout the life of the loan.

Balloon Mortgages Accounts

Term

Rate

APR *

Rates are based on individual credit scores. APR disclosed is for "A" credit and may not be applicable to all. *APR is based on a loan amount of $50,000.00* * This APR is subject to change based on the mortgage plan selected. * Maximum LTV of 90% *The Balloon loan is not a program we offer at this time.

First Time Home Buyer (FTHB) Accounts

Term

Rate

APR *

10 Year Fixed

5.500%

5.611%

15 Year Fixed

5.625%

5.704%

20 Year Fixed

6.125%

6.189%

30 Year Fixed

6.125%

6.173%

1 Year Arm

5.125%

5.238%

3 Year Arm

5.250%

5.390%

**3 Year Arm

7.375%

7.406%

5 Year Arm

5.375%

5.452%

Rates are based on individual credit scores. APR disclosed is for "A" credit and may not be applicable to all. *APR is based on a loan amount of $50,000.00* * Minimum loan amount of $30,000.00 maximum of $175,000.00. * Maximum Purchase Transaction - 95% Loan to Value. PMI is not required. * Fixed rate loans are fully amortized and the Principle and Interest payment will remain the same during the life of the loan; escrowing for property taxes and homeowners insurance, may increase or decrease your monthly payments. * This APR is subject to change based on the mortgage plan selected. * FTHB loans are not assumable. * FTHB ARM loans have a minimum term of 15 years. * 1,3,and 5 Year ARMs have an annual cap of 2.00%, with a 6% lifetime cap. ** 3 Year ARMS have a 2.00% cap every 3 years,with a 6% lifetime cap.

Home Equity Accounts

Term

Rate

APR *

Adjustable-Rate HELOC

A Credit Score

90% LTV max for qualified borrowers

4.75%

Adjustable-Rate HELOC

B Credit Score

90% LTV max for qualified borrowers

5.75%

Adjustable-Rate HELOC

C Credit Score

80% LTV MAX

7.75%

Adjustable-Rate HELOC

D Credit Score

70% LTV MAX

8.25%

Fixed-Rate Mini HELOC

A Credit Score

90% LTV max for qualified borrowers

5.25%

Fixed-Rate Mini HELOC

B Credit Score

90% LTV max for qualified borrowres

5.50%%

5.50%

Fixed-Rate Mini HELOC

C Credit Score

80% LTV MAX

7.75%

Fixed-Rate Mini HELOC

D Credit Score

70% LTV MAX

8.25%

Fixed-Rate Standard HELOC

A Credit Score

90% LTV max for qualified borrowers

5.50%

Fixed-Rate Standard HELOC

B Credit Score

90% LTV max for qualified borrowers

5.75%

Fixed-Rate Standard HELOC

C Credit Score

80% LTV MAX

8.75%

Fixed-Rate Standard HELOC

D Credit Score

70% LTV MAX

9.25%

Fixed-Rate Jumbo HELOC

A Credit Score

90% LTV max for qualified borrowers

6.00%

Fixed-Rate Jumbo HELOC

B Credit Score

90% LTV max for qualified borrowers

6.50%

Fixed-Rate Jumbo HELOC

C Credit Score

80% LTV MAX

10.25%

Fixed-Rate Jumbo HELOC

D Credit Score

70% LTV MAX

10.75%

*NOTE: RATES ARE BASED ON YOUR INDIVIDUAL CREDIT SCORE. *THE MINIMUM RATE ON THE ADJUSTABLE RATE HOME EQUITIES IS 4.00%. *THE MAXIMUM RATE ON THE ADJUSTABLE RATE HOME EQUITIES IS 18.00%.

Home Improvement Accounts

Term

Rate

APR *

n/a

Home Improvement Loans are not available at this time.