Current Rates

Lending Rates

Loan TypeTermRate TypeRate FormulaDaily Periodic Rate as low asAnnual Percentage Rate as low as
Overdraft Line-of-Credit (Checking Reserve)RevolvingVariableN/A.036712%13.40%
Undergraduate Private Education Line-of-Creditto 300 MonthsVariableBased on Prime Rate (7.00% Floor).019178%7.00%
Savings Securedto 120 MonthsVariableSavings Rate + 3.00%.008356%3.05%
Term Securedto 60 MonthsFixedTerm Rate + 3.00%.008630%3.15%
Fixed Home Equity Loan84 to 300 MonthsFixedN/A.019836%7.24%
Home Equity Line-of-Credit (RealtyLine Plus) RevolvingVariableBased on Prime Rate (3.00% Floor) .005342%1.95%
First Mortgage/Co-Op Loanto 30 YearsFixed or VariableN/AChanges daily. Please call for details or visit quorumfcu.org/mortgages

Overdraft Line-of-Credit (Checking Reserve)

TermRevolving
Rate TypeVariable
Rate FormulaN/A
Daily Periodic Rate as low as.036712%
Annual Percentage Rate as low as13.40%

Undergraduate Private Education Line-of-Credit

Termto 300 Months
Rate TypeVariable
Rate FormulaBased on Prime Rate (7.00% Floor)
Daily Periodic Rate as low as.019178%
Annual Percentage Rate as low as7.00%

Savings Secured

Termto 120 Months
Rate TypeVariable
Rate FormulaSavings Rate + 3.00%
Daily Periodic Rate as low as.008356%
Annual Percentage Rate as low as3.05%

Term Secured

Termto 60 Months
Rate TypeFixed
Rate FormulaTerm Rate + 3.00%
Daily Periodic Rate as low as.008630%
Annual Percentage Rate as low as3.15%

Fixed Home Equity Loan

Term84 to 300 Months
Rate TypeFixed
Rate FormulaN/A
Daily Periodic Rate as low as.019836%
Annual Percentage Rate as low as7.24%

Home Equity Line-of-Credit (RealtyLine Plus)

TermRevolving
Rate TypeVariable
Rate FormulaBased on Prime Rate (3.00% Floor)
Daily Periodic Rate as low as.005342%
Annual Percentage Rate as low as1.95%

First Mortgage/Co-Op Loan

Termto 30 Years
Rate TypeFixed or Variable
Rate FormulaN/A
Daily Periodic Rate as low asChanges daily. Please call for details or visit quorumfcu.org/mortgages
Annual Percentage Rate as low asChanges daily. Please call for details or visit quorumfcu.org/mortgages

Mortgage Rates

Rate TypeRateAPR
30 Year Fixed 3.75%3.865%
15 Year Fixed 3.00%3.164%
3/3 Adjustable 3.25%3.535%

30 Year Fixed

Rate3.75%
APR3.865%

15 Year Fixed

Rate3.00%
APR3.164%

3/3 Adjustable

Rate3.25%
APR3.535%

Credit Card Rates

Loan TypeTermRate TypeRate FormulaDaily Periodic Rate Annual Percentage Rate
Cash Back World, World MasterCard, and World Elite MasterCard (No Annual Fee)RevolvingVariablePrime Rate + 5.65%.024384%8.90%
Prime Rate + 6.65%.027123%9.90%
Prime Rate + 8.65%.032603%11.90%
Prime Rate + 15%.049315%18.00%
RateWise MasterCard (No Annual Fee)RevolvingVariablePrime Rate + 4.65%.021644%7.90%
Prime Rate + 5.65%.024384%8.90%
Prime Rate + 7.65%.029863%10.90%
Prime Rate + 12%.041781%15.25%
Prime Rate + 15%.049315%18.00%

Cash Back World, World MasterCard, and World Elite MasterCard (No Annual Fee)

TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 5.65%
Daily Periodic Rate .024384%
Annual Percentage Rate 8.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 6.65%
Daily Periodic Rate .027123%
Annual Percentage Rate 9.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 8.65%
Daily Periodic Rate .032603%
Annual Percentage Rate 11.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 15%
Daily Periodic Rate .049315%
Annual Percentage Rate 18.00%

RateWise MasterCard (No Annual Fee)

TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 4.65%
Daily Periodic Rate .021644%
Annual Percentage Rate 7.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 5.65%
Daily Periodic Rate .024384%
Annual Percentage Rate 8.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 7.65%
Daily Periodic Rate .029863%
Annual Percentage Rate 10.90%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 12%
Daily Periodic Rate .041781%
Annual Percentage Rate 15.25%
TermRevolving
Rate TypeVariable
Rate FormulaPrime Rate + 15%
Daily Periodic Rate .049315%
Annual Percentage Rate 18.00%
Variable Rate Loans: For Savings Secured Loans the Annual Percentage Rate (APR) for all advances on all existing balances will be subject to change on the first day of each month based on the Basic Savings rate published monthly. For Credit Card Loans, the rate is based on your creditworthiness. The APR will vary with the market based on the Prime Rate. The maximum interest rate will never exceed the rate permitted under the Federal Credit Union Act (currently, this maximum is 18%). If your rate increases, additional payments will be required. For Overdraft Line-of-Credit (Checking Reserve), rates are subject to change. Fixed Home Equity Loan rate reflects a 0.25% discount for direct deposit. RealtyLine Plus: The introductory rate of 1.95% APR applies for the first 12 months, which is below the RealtyLine Plus floor rate of 3.00%. Quorum is an equal housing lender.

Banking Rates

Account TypeTermRate TypeMinimum BalanceDividend - Annual Percentage YieldDividend Rate
Checking RewardsN/AVariableNone0.10%0.10%
QChoice N/AVariable$0 - $19,9990.15%0.15%
$20,000 and over0.35%0.35%
HighQn/aVariableNone1.00%1.00%
Basic SavingsN/AVariable$50.05%0.05%
Name-Your-Own-SavingsN/AVariableNone0.05%0.05%
Holiday Club Disbursed each OctoberVariableNone0.05%0.05%
Money ManagementN/AVariable$0 - $2,4990.05%0.05%
$2,500 - $9,9990.10%0.10%
$10,000 - $24,9990.20%0.20%
$25,000 - $99,9990.30%0.30%
$100,000 -$249,9990.40%0.40%
$250,000 and over0.50%0.50%
IRA SavingsN/AVariable$0 - $2,4990.05%0.05%
$2,500 - $9,9990.10%0.10%
$10,000 - $24,9990.20%0.20%
$25,000 - $99,9990.30%0.30%
$100,000 and over0.40%0.40%
Term Savings & IRA Term3 MonthsFixed$1,0000.15%0.15%
6 Months0.25%0.25%
11 Months0.75%0.75%
12 Months0.40%0.40%
18 Months0.40%0.40%
24 Months0.65%0.65%
36 Months1.25%1.24%
48 Months1.00%1.00%
60 Months1.10%1.09%

Checking Rewards

TermN/A
Rate TypeVariable
Minimum BalanceNone
Dividend - Annual Percentage Yield0.10%
Dividend Rate0.10%

QChoice

TermN/A
Rate TypeVariable
Minimum Balance$0 - $19,999
Dividend - Annual Percentage Yield0.15%
Dividend Rate0.15%
TermN/A
Rate TypeVariable
Minimum Balance$20,000 and over
Dividend - Annual Percentage Yield0.35%
Dividend Rate0.35%

HighQ

Termn/a
Rate TypeVariable
Minimum BalanceNone
Dividend - Annual Percentage Yield1.00%
Dividend Rate1.00%

Basic Savings

TermN/A
Rate TypeVariable
Minimum Balance$5
Dividend - Annual Percentage Yield0.05%
Dividend Rate0.05%

Name-Your-Own-Savings

TermN/A
Rate TypeVariable
Minimum BalanceNone
Dividend - Annual Percentage Yield0.05%
Dividend Rate0.05%

Holiday Club

TermDisbursed each October
Rate TypeVariable
Minimum BalanceNone
Dividend - Annual Percentage Yield0.05%
Dividend Rate0.05%

Money Management

TermN/A
Rate TypeVariable
Minimum Balance$0 - $2,499
Dividend - Annual Percentage Yield0.05%
Dividend Rate0.05%
TermN/A
Rate TypeVariable
Minimum Balance$2,500 - $9,999
Dividend - Annual Percentage Yield0.10%
Dividend Rate0.10%
TermN/A
Rate TypeVariable
Minimum Balance$10,000 - $24,999
Dividend - Annual Percentage Yield0.20%
Dividend Rate0.20%
TermN/A
Rate TypeVariable
Minimum Balance$25,000 - $99,999
Dividend - Annual Percentage Yield0.30%
Dividend Rate0.30%
TermN/A
Rate TypeVariable
Minimum Balance$100,000 -$249,999
Dividend - Annual Percentage Yield0.40%
Dividend Rate0.40%
TermN/A
Rate TypeVariable
Minimum Balance$250,000 and over
Dividend - Annual Percentage Yield0.50%
Dividend Rate0.50%

IRA Savings

TermN/A
Rate TypeVariable
Minimum Balance$0 - $2,499
Dividend - Annual Percentage Yield0.05%
Dividend Rate0.05%
TermN/A
Rate TypeVariable
Minimum Balance$2,500 - $9,999
Dividend - Annual Percentage Yield0.10%
Dividend Rate0.10%
TermN/A
Rate TypeVariable
Minimum Balance$10,000 - $24,999
Dividend - Annual Percentage Yield0.20%
Dividend Rate0.20%
TermN/A
Rate TypeVariable
Minimum Balance$25,000 - $99,999
Dividend - Annual Percentage Yield0.30%
Dividend Rate0.30%
TermN/A
Rate TypeVariable
Minimum Balance$100,000 and over
Dividend - Annual Percentage Yield0.40%
Dividend Rate0.40%

Term Savings & IRA Term

Term3 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.15%
Dividend Rate0.15%
Term6 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.25%
Dividend Rate0.25%
Term11 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.75%
Dividend Rate0.75%
Term12 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.40%
Dividend Rate0.40%
Term18 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.40%
Dividend Rate0.40%
Term24 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield0.65%
Dividend Rate0.65%
Term36 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield1.25%
Dividend Rate1.24%
Term48 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield1.00%
Dividend Rate1.00%
Term60 Months
Rate TypeFixed
Minimum Balance$1,000
Dividend - Annual Percentage Yield1.10%
Dividend Rate1.09%
Penalties may apply for early withdrawal on Holiday Club account & all Term accounts. Your savings Federally insured by the National Credit Union Administration. **Term Account deposits of $100,000 or more earn an additional 0.10% APY, excluding the 11 and 36 Month Term/IRA Account.**

Annual percentage yields/rates in effect as of 05/30/2015 and subject to change at any time.