NEBRASKA ENERGY FEDERAL CREDIT UNION
PROJECTED RATES
2ND QUARTER 2008
SHARE ACCOUNT DIVIDEND: 3.60% APY
Your share account now has enhanced availability
without the loss of dividends! (compounded monthly)
IRA ACCOUNT: 3.60% APY
HOLIDAY ACCOUNT: 3.60% APY
SHARE DRAFT ACCOUNT DIVIDEND: 1.00 APY
Paid monthly based on balances averaging $300.00
NOTE: APY'S ARE VARIABLE RATES AND SUBJECT TO CHANGE
LOAN RATES EFFECTIVE APRIL 1, 2008
Nebraska Energy Federal Credit Union's board of directors has projected a 46% interest rebate on variable rate 1st mortgage loans (equates to a 4.86% APR), 30% interest rebate on variable 2nd mortgage loans (equates to a 7.35% APR), 11% interest rebate on 5 year fixed rate mortgages (equates to a 5.34% APR), 20% interest rebate on eligible secured loans and a 20% interest rebate on eligible personal loans through June 30, 2008. These rebates will be credited to your share account subject to the NCUA regulations and current earnings availability.
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Loan Type
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Rate
Type
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APR
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Interest
Rebate
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Rebate APR
Equivalent
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7 Year Fixed Mortgage
All New Money
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Fixed
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5.187%
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N/A
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N/A
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Secondary Market Fixed Rate Mortgage
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Fixed
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CALL
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N/A
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N/A
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*1st Mortgage 3 Year Variable
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Variable
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9.00%
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46%
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4.86%
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5 Yr Fixed Rate Mortgage
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Fixed
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6.00%
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11%
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5.34%
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*2 Yr Adjustable Rate Mortgage
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Variable
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5.075%
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N/A
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N/A
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*2nd Mortgage Variable
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Variable
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10.50%
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30%
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7.35%
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2007/2008 New Auto
ALL New OnlyMoney/15,000 miles or less/Financing up to 60 months
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Fixed
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4.99%
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N/A
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N/A
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Used Auto Financing
Autos 5 years and Newer or Value $10,000 or more
|
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Fixed
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6.95%
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N/A
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N/A
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Recreational Vehicles
5 Years and Newer or Value $10,000
Financing up to 60 months/100%
|
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Fixed
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6.99%
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N/A
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N/A
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Used Auto Loan Value
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Fixed
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10.90%
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20%
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8.72%
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Used Auto Retail Value
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Fixed
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11.90%
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20%
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9.52%
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Personal Loan
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Fixed
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14.90%
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20%
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11.92%
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*Secured Line of Credit
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Variable
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6.00%
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N/A
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N/A
|
|
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*These are variable rates and subject to change. Some restrictions apply.
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