Bridge the GAP of unwanted car expenses
Access the IFCU solution that bridges the gap between the value of your car and your current balance which standard insurance does not cover.
Benefits You'll Love
- Take advantage of the lowest GAP rates in the area
- Avoid the "upside down" costs of a vehicle
- Available to all IFCU members
- Easy to obtain and use
What is GAP?
If the value of your car is less than the balance of your auto loan, you're "upside down," and there is a gap that is not covered by standard insurance. This difference requires a special type of protection called GAP.
- IFCU offers one the lowest GAP costs in the area.
- Reduces financial loss in the event of unrecovered theft of the vehicle or if the vehicle is declared a total loss.
- There are no model or year limitations.
- Protection up to $100,000 – limited exclusions apply.
- Debt may be protected up to $50,000.
- Deductibles may be covered up to $1,000.
- Coverage is available for the term specified in the agreement, up to 84 months.
GAP is available to any IFCU member who is purchasing a vehicle or in the process of refinancing from another financial institution. This coverage terminates at the maturity date of the loan, or can be cancelled within a certain time period.
A car starts depreciating as soon as you buy it, but never more than when you drive it off the lot - turning it from a "new" car to a "used" car. To estimate the anticipated depreciation and potential GAP risk, please contact your IFCU loan representative and ask to receive a GAP Risk Illustration through the Visual GAP system.
Certain exclusions may apply. Please consult with an IFCU representative to learn more about the specific terms and conditions involved with GAP.
2nd Mortgage Rate
| Term | Rates as Low as: |
|---|---|
| IFCU can help you with your 2nd Mortgages | Call for details |
Boats & Watercraft Loans
| Loan Type / Term | Rates as Low as: |
|---|---|
| Boats & Watercraft | 8.99% APR* |
Campers/ATV/Snowmobiles/Trailers
| Loan Type / Term | Rates as Low as: |
|---|---|
| Campers/ ATV/ Snowmobiles/ Trailers | 8.99% APR* |
Checking & Savings Rates
| Account Type | Balances | Dividend Paid 3/31/23 | APY* |
|---|---|---|---|
| Regular & Special Savings (Minimum balance to open is $5.00. Dividends are compounded and paid quarterly) | $350-$24,999 | 0.10% | 0.10% |
| $25,000 and over | 0.10% | 0.10% | |
| Youth Savings (Minimum balance to open is $5.00. Dividends are compounded and paid quarterly) | $0.01-$24,999 | 0.15% | 0.15% |
| $25,000 and over | 0.15% | 0.15% | |
| Christmas Club Savings (No minimum balance. Dividends are compounded and paid quarterly) | 0.10% | 0.10% |
| Account Type | Balances | Dividend Paid 5/31/23 | APY* |
|---|---|---|---|
| Free Share Draft Checking (No minimum opening balance. Dividends are compounded and paid monthly) | $2,500 and over | 0.05% | 0.05% |
| Regular Share Draft Checking (Minimum balance to open is $5.00.) | $1,500 and over | 0.05% | 0.05% |
| Teen Checking (No minimum balance to open.) | $0.00 – $2,499 | 0.10% | 0.10% |
| $2,500 and over | 0.10% | 0.10% | |
| Funds Manager (Minimum balance to open is $2500.00. Dividends are compounded and paid monthly.) | <$2,500 | 0.00% | 0.00% |
| $2,500 – 10,000.99 | 1.00% | 1.01% | |
| $10,001 – 24,999.99 | 1.10% | 1.11% | |
| $25,000 – 99,999.99 | 1.30% | 1.31% | |
| $10,0000 – 249,999.99 | 1.85% | 1.87% | |
| $250,000 and over | 2.25% | 2.27% | |
| Individual Retirement Account (IRA) (Dividends are compounded and paid monthly. $500 minimum balance to open account or $25 minimum balance with Payroll Deduction.) | All | 0.75% | 0.75% |
Checking Rates
| Account Type | Balances | Dividend Paid 10/31/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Free Share Draft Checking | $2,500 and over | 0.05% | 0.05% | No minimum balance. |
| Regular Share Draft Checking | $1,500 and over | 0.05% | 0.05% | $5.00 |
| Teen Checking | $0.00 – $2,499 | 0.10% | 0.10% | No minimum balance. |
Teen Checking |
$2,500 and over | 0.10% | 0.10% | No minimum balance. |
Christmas Club Savings
| Account Type | Balances | Dividend Paid 9/30/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Christmas Club Savings | 0.10% | 0.10% | No minimum balance. |
Classic Visa Credit Card: 11.5% APR Disclosure Rates
| Card | Annual Percentage Rates(APR) for purchases |
|---|---|
| Classic Visa Credit Card - 11.5% | 11.5% |
Classic VISA Credit Card: 14.5% APR Disclosure Rates
| Card | Annual Percentage Rates(APR) for purchases |
|---|---|
| Classic VISA Credit Card - 14.5% | 14.5% |
Classic VISA Credit Card: 17.9% APR Disclosure Rates
| Card | Annual Percentage Rates(APR) for purchases |
|---|---|
| Classic VISA Credit Card | 17.9% |
Fixed-Rate Home Equity Rate
| Term | Rates as Low as: |
|---|---|
| 5 Year | 7.175% APR* |
| 10 Year | 7.175% APR* |
Funds Manager
| Account Type | Balances | Dividend Paid 10/31/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Funds Manager | <$2,500 | 0.00% | 0.00% | $2,500.00 |
Funds Manager |
$2,500 – 10,000.99 | 1.00% | 1.01% | $2,500.00 |
Funds Manager |
$10,001 – 24,999.99 | 1.10% | 1.11% | $2,500.00 |
Funds Manager |
$25,000 – 99,999.99 | 1.30% | 1.31% | $2,500.00 |
Funds Manager |
$100,000 – 249,999.99 | 1.85% | 1.87% | $2,500.00 |
Funds Manager |
$250,000 and over | 2.25% | 2.27% | $2,500.00 |
Home Equity Line of Credit (HELOC) Rate
| Term | Rates as Low as: |
|---|---|
| Variable Rate Home Equity Line of Credit (HELOC) | 7.75% APR* |
Home Improvement Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| Home Improvement Loan | 8.99% APR* |
HVAC Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| HVAC Loan | 8.24% APR* |
Individual Retirement Account (IRA)
| Account Type | Balances | Dividend Paid 10/31/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Individual Retirement Account (IRA) | All | 0.75% | 0.75% | $500 or $25 with Payroll Deduction. |
Mortgage Rates
| Rates are subject to change without notice. | Rates as Low as: |
|---|---|
| 10 Year | 6.350% APR* |
| 15 Year | 6.475% APR* |
| 20 Year | 6.850% APR* |
| 30 Year | 7.225% APR* |
| FHA Loans – (30-year rate shown) | 6.725% APR* |
| VA Loans – (30-year rate shown) | 6.725% APR* |
| USDA Loans – (30-year rate shown) | 6.725% APR* |
| Jumbo Loans – (30-year rate shown) | Call your Loan Office for Current Rates |
| Land Loans – (10-year rate shown) | 7.225% APR* |
Motorcycle Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| New and Used Motorcycle | 8.50% APR* |
Overdraft Protection Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| Overdraft Protection Loans | Rate for ALL NEW ODP Loans: 18% |
Personal Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| Unsecured / Personal Loan ***SPECIAL*** | 9.99% APR* |
| Home Improvement Loan | 8.99% APR* |
| HVAC Loan | 8.24% APR* |
| Overdraft Protection Loans | Rate for ALL NEW ODP Loans: 18% |
| Loans Secured by Share Certificate | 2.00% above Share Certificate Rate** |
| Loans Secured by Savings | 3.00% APR* |
| Other Secured Loans | 8.24% APR* |
Regular & Special Savings
| Account Type | Balances | Dividend Paid 9/30/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Regular & Special Savings | $350-$24,999 | 0.10% | 0.10% | $5.00 |
Regular & Special Savings |
$25,000 and over | 0.10% | 0.10% | $5.00 |
Savings Rates
| Account Type | Balances | Dividend Paid 6/30/23 | APY* | Minimum Balance |
|---|---|---|---|---|
| Regular & Special Savings | $350-$24,999 | 0.10% | 0.10% | $5.00 |
Regular & Special Savings |
$25,000 and over | 0.10% | 0.10% | $5.00 |
| Youth Savings | $0.01-$24,999 | 0.15% | 0.15% | $5.00 |
Youth Savings |
$25,000 and over | 0.15% | 0.15% | $5.00 |
| Christmas Club Savings | 0.10% | 0.10% | No minimum balance. | |
| Funds Manager | <$2,500 | 0.00% | 0.00% | $2500.00 |
Funds Manager |
$2,500 – 10,000.99 | 1.00% | 1.01% | $2500.00 |
Funds Manager |
$10,001 – 24,999.99 | 1.10% | 1.11% | $2500.00 |
Funds Manager |
$25,000 – 99,999.99 | 1.30% | 1.31% | $2500.00 |
Funds Manager |
$10,0000 – 249,999.99 | 1.85% | 1.87% | $2500.00 |
Funds Manager |
$250,000 and over | 2.25% | 2.27% | $2500.00 |
| Individual Retirement Account (IRA) | All | 0.75% | 0.75% | $500 or $25 with Payroll Deduction. |
Secured Loans
| Loan Type / Term | Rates as Low as: |
|---|---|
| Loans Secured by Share Certificate | 2.00% above Share Certificate Rate** |
| Loans Secured by Savings | 3.00% APR* |
| Other Secured Loans | 8.99% APR* |
Share Certificates Rates
| Term | Dividend Rate | APY* |
|---|---|---|
| 3 Months | 4.00% | 4.06% |
| 3 Months ($250K +) ***SPECIAL*** | 4.60% | 4.68% |
| 6 Months | 4.10% | 4.16% |
| 12 Months | 4.25% | 4.32% |
| 18 Months | 4.00% | 4.06% |
| 24 Months | 3.70% | 3.75% |
| 30 Months | 3.75% | 3.80% |
| 36 Months | 3.80% | 3.85% |
| 48 Months | 3.85% | 3.91% |
| 60 Months | 3.90% | 3.96% |
Unsecured Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| Unsecured / Personal Loan ***SPECIAL*** | 8.99% APR* |
Vehicle & Consumer Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| New and Used Auto up to 36 months | 6.49% APR* |
| New and Used Auto 37-72 months | 6.49% APR* |
| New and Used Used Auto 73 to 78 months | 7.49% APR* |
| New and Used Auto 79 to 84 months | 7.99% APR* |
| New and Used Motorcycle | 7.25% APR* |
| Campers/ ATV/ Snowmobiles/ Trailers | 8.24% APR* |
| Boats & Watercraft | 8.74% APR* |
| Unsecured / Personal Loan ***SPECIAL*** | 9.99% APR* |
| Home Improvement Loan | 8.99% APR* |
| HVAC Loan | 8.24% APR* |
| Overdraft Protection Loans | Rate for ALL NEW ODP Loans: 18% |
| Loans Secured by Share Certificate | 2.00% above Share Certificate Rate** |
| Loans Secured by Savings | 3.00% APR* |
| Other Secured Loans | 8.24% APR* |
Vehicle Loan Rates
| Loan Type / Term | Rates as Low as: |
|---|---|
| New and Used Auto up to 60 months | 6.24% APR* |
| New and Used Auto 61-72 months | 6.24% APR* |
| New and Used Used Auto 73 to 78 months | 6.74% APR* |
| New and Used Auto 79 to 84 months | 7.49% APR* |
Visa Credit Cards
| Card | Annual Percentage Rates (APR) for purchases | Disclosures and Fees |
|---|---|---|
| Fixed-Rate Classic | 11.50%, 14.50% and 17.90% | View 11.50% Details View 14.50% Details View 17.90% Details |
| Platinum Cash Back + Rewards | 12.75% | View Details |
| Select Cash Back + Rewards | 15.75% | View Details |
Visa Select Credit Card
| Card | Annual Percentage Rates (APR) for purchases |
|---|---|
| Visa Select Credit Card | 16.50% |
Youth Savings
| Account Type | Balances | Dividend Paid 9/30/24 | APY* | Minimum Balance |
|---|---|---|---|---|
| Youth Savings | $0.01-$24,999 | 0.15% | 0.15% | $5.00 |
Youth Savings |
$25,000 and over | 0.15% | 0.15% | $5.00 |
Youth Share Certificates Rates
Introducing long-term savings for young members!
Watch their savings grow. Guaranteed Returns. You read that right, guaranteed! Once you lock in your rate it won’t change. Share certificates are a type of credit union savings account similar to CDs, offered at banks. They usually offer higher yields than regular savings accounts; in exchange, you leave your money in the account for a specified amount of time.
Benefits and Features
- Available to members ages 17 & younger
- Minimum deposit of $50
- Maximum original principle balance of $5,000
- Terms available are 3, 6, and 12 month terms
- Higher rates than our non-youth share certificates
| Term | Dividend Rate | APY* |
|---|---|---|
| 3 Months | 4.10% | 4.16% |
| 6 Months | 4.20% | 4.27% |
| 12 Months | 4.35% | 4.42% |