Loan Rates effective as of 1/1/2017
Savings & Certificates Rates effective as of 4/1/2017

*APR = Annual Percentage Rate

***NOTE*** : We are required to ask you for income verification to complete all loan requests.
100% financing is based on NADA Clean Retail + Options + or - mileage adjustment. We do not use any other book.
You can research a used vehicle value at www.nada.com  

Loans   (click here for a loan application) (Loan rates eff. 1/1/17) (Loan applications with joint maker signing will constitute joint/cosigner responsibilities.)	Term	APR*
Auto, Truck  100% financing model years 2008-present	upto 5 years **	as low as 3.49% to 4.50%
Auto, Truck   80% financing model years 2008-present	upto 5 years **	as low as 2.99% to 4.00%
Motorcycles, RVs, Boats, etc. model years 2008-present	upto 5 years **	as low as 4.75% to 5.75%
Signature Loans and Signature Line-Of-Credit	upto approx. 3 years	9.9% to 16.9%
12/12 Loan	1 year	12% to 18%
Home Improvement Loan - contact us for details	upto 5 years	3.90% to 8.40%
Real Estate/Mortgage Loans - Contact Judy (NMLS# 603237)on phone extension 16 or email address:  realestate@kembaky.org	Credit Union NMLS #414341
Share (Savings) or CD secured Loan (IRA CD not eligible)		3% above earning rate of pledged funds
We do not have Pre-Payment Penalties!

Interest rates are based on primvary member's credit score, model year of vehicle and whether 100% or 80% financing of NADA total retail value.
** upto 6 years available if financing over $20,000 and 80% financing at stated APR + 1%
*APR = Annual Percentage Rate
All loan rates mentioned above are Fixed Rates, meaning that the rates will not/ cannot fluxuate after consumation of the loan. The only exception is our Revolving Home Equity Line-Of-Credit, which has a variable rate that may change only twice a year - April 1st and October 1st.
Members who will qualify for the lowest rates will have a credit score of at least 680 when the credit union employee pulls the Transunion credit report using the FICO-Classic scoring.

***NOTE*** : You must send income verification to the credit union to complete all loan requests. Please include 'household' income regardless of joint/cosigner signing or not.
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Investment Rates as of April 1, 2017

Savings - Federally insured by NCUA	Minimum Balance	Dividend/ Interest Rate% *
Regular Share/Savings	$5.00	0.15
Share Draft/Checking	n/a	0.10
Christmas Club	n/a	0.15
Rates may change after account is opened.  Fees could change the earnings on the account.

*APY = Annual Percentage Yield

*APY = Annual Percentage Yield

  

FEE NOTIFICATION

The following fee schedule became effective January 1, 2016, until further notice.
. If you are opening a new checking account, upon 90 days of satisfactory checking experience, you will be automatically eligible for courtesy overdraft protection. If you wish to opt out of this program you must notify the credit union in writing. If you have questions, please contact the credit union.  [Printer Friendly Link]

ATM Withdrawals (7 free per month)	$1.00 each after 7 per month
ATM / POS Overdraft	$30.00
Card Replacement	$5.00
Non-Sufficient Funds (NSF) Returns (Drafts and ACH)	$30.00
Courtesy Overdraft Privilege Fee*	$30.00
Returned Deposit Item	$15.00
Stop Payment Order	$10.00
NSF Stop Payment Order	$30.00
Copy of Check	$2.00
Copy of Statement	$3.00
Interim Printout of Account	$1.00 PER PAGE
WIRE TRANSFER
----------------Incoming	FREE
----------------Outgoing	$20.00
----------------International	$50.00
Dormant Account Fee	$5.00 per month
(No account activity for 6 months and less than $50.00 in account)
Account Research per hour	$25.00
Check Cashing	$3.00
(Member with no KEMBA Lou CU loans and less than $100.00 in aggregate shares.)
Third Party Certified Check	$10.00
Processing Legal Request	$25.00
(garnishments, tax levies, etc.)
Returned statement due to bad address	$3.00
Early account closure - (within 6 months of opening the account)	$5.00
ATM card replacement	$5.00
FAX Services for members - personal business	$2.00
Foreign Item Deposit	$10.00
Money Order Fee	$2.00
Reopen a closed account	$5.00
Coin Deposit	2% of Deposit
Moving account at member request to new number (waived if due to fraud)	$10.00
Verification of Deposit/Loans	$5.00

 *Courtersy Pay Overdrat Protection will be available on your checking account 90 days after you open the account, if the account is in good standing. If you wish to OPT OUT of this program you must notify the Credit Union in writing.

KEMBA Louisville Credit Union, though sponsored by The Kroger Company, is independent from the Kroger Company and, also, we are not affiliated with any of the other 'KEMBA' credit unions.