Rates
This Rate Schedule states rates applicable to specified accounts and fees common to all accounts. This schedule is incorporated as a part of your account agreement with Huntington Beach Credit Union.
Savings Accounts
Rates effective as of September 1, 2023
Regular Share Accounts
| Account Balance | APR | APY |
|---|---|---|
| $25 to $25,000 | 0.15% | 0.15% |
| $25,001 to $100,000 | 0.20% | 0.20% |
| $100,001+ | 0.25% | 0.25% |
Subsidiary Share Accounts
| Account Balance | APR | APY |
|---|---|---|
| $100 to $25,000 | 0.15% | 0.15% |
| $25,001 - $100,000 | 0.20% | 0.20% |
| $100,001+ | 0.25% | 0.25% |
Money Market Share Accounts
No more than six preauthorized, automatic, or telephone transfers may be made to another account at the credit union or to a third party in any calendar month, and no more than three of these six transfers may be made by check, draft, or similar order payable to a third party. If you exceed, or attempt to exceed these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer request, and the credit union may reclassify or close your account. Mastermoney debit card services not available on this account type.
| Minimum Balance | APR | APY |
|---|---|---|
| $2,500 - $25,000 | 1.49% | 1.50% |
| $25,001 - $100,000 | 1.98% | 2.00% |
| $100,001+ | 2.96% | 3.00% |
IRAs
| Balance Amount | APR | APY |
|---|---|---|
| $500 - $25,000 | 0.20% | 0.20% |
| $25,001 To $100,000 | 0.25% | 0.25% |
| $100,001+ | 0.30% | 0.30% |
Term Share Certificates (CDs)
Rates effective as of September 1, 2023
3 Months
| Required Balance | APR | APY |
|---|---|---|
| $2,500+ | 3.93% | 4.00% |
6 Months
| Required Balance | APR | APY |
|---|---|---|
| $2,500+ | 3.45% | 3.50% |
1-Year
| Required Balance | APR | APY |
|---|---|---|
| $2,500+ | 3.20% | 3.25% |
2-Years
| Required Balance | APR | APY |
|---|---|---|
| $2,500+ | 2.96% | 3.00% |
New Money Only 18-month CD
| Required Balance | APR | APY |
|---|---|---|
| $1,800 to $180,000
Special 18-month CD only available for new money (funds not already on deposit at HBCU). An active Share Draft Checking account is required, with a minimum of 3 (three) transactions per month, as well as direct deposit of Net Pay, PERS or Social Security. No auto-renewal. Penalty for early withdrawal is all or 90 days of dividends, whichever is less. Terms and rates subject to change without notice. Limited-time offer. |
4.89% | 5.00% |
Loans
*APR=Annual Percentage Rate.
The rates listed below are current as of the effective date and are not intended to be inclusive or a commitment of the pricing for which you may qualify. The loan and accompanying interest rates and APR you may qualify for are based on your credit history, loan-to-value, loan amount, loan purpose, and income/financial obligations. All loans are subject to a minimum credit qualifying score. Interest rates and APRs are subject to change without notice. Financing percentages reflect maximum amounts, and, in some cases, you may not qualify for maximum financing.
Vehicle Loans
Rates effective as of February 1, 2023
Vehicle financing includes taxes, license, and insurance for qualified borrowers up to 125% MSRP for new vehicles and 120% of the NADA value or Kelley Blue Book for used vehicles. Recreational Vehicles and Boats financing up to 100%. Maximum loan amount is $100,000 on vehicles, RVs, and Boats. Members cannot exceed over 2 times gross monthly income or $20,000 whichever is less on combined unsecured and credit card loans with HBCU.
New Vehicle Loan
Auto, truck, van, motorcycle
Prior year & current year models with less than 7,500 miles
1st Time Buyer add 3.00 to highest rate in range for term
| Term | Min. Loan | APR* |
|---|---|---|
| 1 - 36 Months | Up to $5,000 | As low as 4.99% |
| 37 - 48 Months | $5,001 - $10,000 | As low as 5.24% |
| 49 - 60 Months | $10,001 - $15,000 | As low as 5.49% |
| 61 - 72 Months | $15,001 - $20,000 | As low as 5.74% |
| 73 - 84 Months | $20,001+ | As low as 5.99% |
Used Vehicle Loan
Auto, truck, van, motorcycle
Prior year models less than ten years old and current year models previously registered with more than 7,500 miles
Vehicles more than 5 years old from the current year will have a 1% increase in the rate. Vehicles with more than 100,000 miles will also have a 2% rate increase for borrowers with credit scores less than 660 (A+, A & B excluded)
1st Time Buyer add 3.00 to highest rate in range for term
| Term | Min. Loan | APR* |
|---|---|---|
| 1 - 36 Months | Up to $5,000 | As low as 5.99% |
| 37 - 48 Months | $5,001 - $10,000 | As low as 6.24% |
| 49 - 60 Months | $10,001 - $15,000 | As low as 6.49% |
| 61 - 72 Months | $15,001+ | As low as 6.74% |
New Recreational Vehicle/Boat Loan
Current model year
| Term | Min. Loan | APR* |
|---|---|---|
| 1 - 36 Months | Up to $5,000 | As low as 7.59% |
| 37 - 48 Months | $5,001 - 10,000 | As low as 7.59% |
| 49 - 60 Months | $10,0001 - $20,000 | As low as 7.59% |
| 61 - 72 Months | $20,001 - $30,000 | As low as 7.59% |
| 73 - 84 Months | $30,001 - $40,000 | As low as 8.09% |
| 85 - 96 Months | $40,001 - 50,000 | As low as 8.09% |
| 97 - 108 Months | $50,001 - $75,000 | As low as 8.09% |
| 109 - 120 Months | $75,001+ | As low as 8.09% |
Used Recreational Vehicle/Boat Loans
Prior model years
| Term | Min. Loan | APR* |
|---|---|---|
| 1 - 36 Months | Up to $5,000 | As low as 8.09% |
| 37 - 48 Months | $5,001 - $10,000 | As low as 8.09% |
| 49 - 60 Months | $10,001 - $20,000 | As low as 8.09% |
| 61 - 72 Months | $20,001 - $30,000 | As low as 8.09% |
| 73 - 84 Months | $30,001 - $40,000 | As low as 8.59% |
| 85 - 96 Months | $40,001 - $50,000 | As low as 8.59% |
| 97 - 108 Months | $50,001 - $75,000 | As low as 8.59% |
| 109 - 120 Months | $75,001+ | As low as 8.59% |
Personal Loans
Rates effective as of September 12, 2023
Easy Access Line of Credit
| Term | Min. Amount | APR* | Daily Periodic Rate |
|---|---|---|---|
| Open End | $1,000 | As low as 12.00% |
As low as 0.02465% |
Unsecured Signature Loan
| Term | Min. Amount | APR* |
|---|---|---|
| 1 - 60 Months | $1,000 | As low as 12.00% |
Credit Cards
| Credit Card Type | APR |
|---|---|
| Visa Surf Wave | As low as 11.90% |
| Visa Coastal Rewards | As low as 15.90% |
Home Loans
Financing percentages reflect maximum amounts, and, in some cases, you may not qualify for maximum financing. Taxes and insurance must be impounded and included as part of the payment. Maximum debt to income ratio (DTI) allowed is 50% inclusive of new payment.
| Loan Type | Term | APR* |
|---|---|---|
| New Manufactured Home Loan (Mobile Home)
90% Financing up to $250,000 |
240 Months | As low as 7.75% |
| Used Manufactured Home Loan (Mobile Home)
90% Financing up to $250,000 |
240 Months | As low as 8.75% |
APR = Annual Percentage Rate.
APY= Annual Percentage Yield.
HBCU computes the balance in our share accounts to dividends you will be paid by using the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. We calculate the average daily balance by adding the account for each day of the period and dividing that figure by the number of days in the period. Rates are subject to change. Please call (714) 536-6517 to obtain current rate information. Certain conditions and restrictions may apply.