Follow Us On:


Contact Us:
(310) 374-3436
SBCU@southbaycu.com

Routing & Transit Number:
322281028








Home Branches & Locations About Us Contact Us
Rates

  • Consumer Loans
  • Savings Rates
  • Certificates
  • Individual Retirement Accounts (IRAs)
  • Mortgage Loans
Consumer Loans

 

Loan Rate Summary Sheet Effective 10/13/2014
 
ONGOING PROMOTIONS
0.00% APR on Balance Transfers for first 6 months on SBCU Visa Credit Cards
No Payment due for the first 60 days on Auto and Signature Loans
 
 
 
APR = Annual Percentage Rate. The rates quoted are the lowest possible rates currently available. The applicant’s loan rate may be higher based upon their personal recorded credit experience. All rates are determined by an evaluation of applicant credit. Your rate may vary from the one listed on this schedule. Please see a loan representative for your qualified rate. Rates are subject to change with notice.
 
Secured Loans - New and Used Autos, Motorcyles, Boats or RV's

 
Term
APR
Daily Period Rate
New or Used Auto, Motorcycles
48 months or less
1.99%
0.005452054
New or Used Auto, Motorcycles
49 to 60 months
2.24%
0.006136986
New or Used Auto, Motorcycles
61 to 72 months
2.49%
0.006821917
New or Used Auto, Motorcycles
73 to 84 months
2.99%
0.008191780
Boats or RVs
Up to 120 months
Varies
Please contact us for details

PROMOTIONAL EXTRAS (on New and Used Autos only)
                      
·      No payments for 60 days
·         No interest for 60 days
 
ADDITIONAL PRODUCTS:
 
Terms Applicable to Auto Loans
·         California Registered Vehicles ONLY
.       Out of State delaer purchase available (upon approval)
·         2004 and newer
·         Used includes pre-owned current year vehicles with more than 10,000 miles
.       Rates increase on vehicles with more than 100,000 miles
 
Unsecured Loans
- Unsecured Loans start at 7.00% on balances starting at $2,501
- Maximum Term up to 60 months

 
Term
APR
Daily Period Rate
VISA Platinum/LOC
Open end - no annual fee
8.99%
0.024630136
Signature Loans
 12 to 60 months
7.00%
0.019178082
 
 
 
 

 
Share/Savings/CD Secured Loans
- Credit Builder Loans available

 
Term
APR
Daily Period Rate
Share Secured
(no certificates or IRA’s)
3.01%
.0008246575
Certificate Secured
(no IRA’s or shares)
CD Rate + 3%
CE Rate + .008219178

Which payment is right for you?  Use our financial calculators to determine the best product/term.

Savings Rates (Savings/Checking/Money Market Savings)

Rates as of May 1, 2014 Rates subject to change without notice. All Accounts insured to $250,000 by American Share Insurance.

Savings, Checking Accounts (Plus and E-Checking)

Savings Accounts (Primary, Secondary & Holiday Club)
Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
$500.00 and above
0.010%
0.010%
Checking Accounts (Plus and E-Checking)
Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
$2,500.00 and above
0.0100%
0.0100%
Traditional & Roth Individual Retirement Accounts (IRAs)
Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
$2,500.00 and above
0.050%
0.050%


Money Market Accounts

Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
$2,500 - $9,999
0.010%
0.010%
$10,000 - $49,999
0.030%
0.030%
$50,000 - $99,000
0.050%
0.050%
$100,000 and above
0.080%
0.080%


The minimum average daily balance required to earn the disclosed APY is as set forth above.

The minimum balance required to open and maintain the Traditional and Roth IRA Savings Account is $50.

The minimum balance required to open and maintain all other accounts is as set forth in the Account Agreement and Truth-In-Savings Disclosure.

For all Savings, IRA Savings and Money Market Accounts, dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change.

Savings Accounts: If your average daily balance is more than $500 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

For all Plus and E-Checking Accounts, dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. The Dividend Rate and APY on such accounts are subject to change.

Plus and E-Checking Accounts: If your average daily balance is more than $2,500 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

Money Market Accounts: If your average daily balance is more than $2,499.99 but less than $10,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $9,999.99 but less than $50,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period. If your average daily balance is more than $49,999.99 but less than $100,000 the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.  If your average daily balance is $100,000 or more, the prospective Dividend Rate and prospective APY as set forth above will be paid on the entire account balance for the dividend period.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

 

 

 

Which product is right for you? Use our financial calculators to determine the best product/term.

Certificates

Share Certificate Accounts
Minimum Balance: $1,000

Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
3 month
0.010%
0.010%
6 month
0.050%
0.050%
12 month
0.080%
0.080%
18 month
0.100%
0.100%
24 month
0.150%
0.150%
36 month
0.180%
0.180%
48 month
0.200%
0.200%
60 month
0.250%
0.250%



The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above.

The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.

Dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.

The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

Which product is right for you? Use our financial calculators to determine the best product/term.

 

Individual Retirement Accounts (IRAs)

IRA Share Certificates
Minimum Balance: $1,000

Average Daily Balance
Prospective Dividend Rate
Prospective Annual Percentage Yield (APY)
3 month
0.010%
0.10%
6 month
0.050%
0.050%
12 month
0.080%
0.080%
18 month
0.100%
0.100%
24 month
0.150%
0.150%
36 month
0.180%
0.180%
48 month
0.200%
0.200%
60 month
0.250%
0.250%



The minimum balance required to open and maintain each Term Share (Certificate) Account is as set forth above. The minimum balance required to open and maintain each Term Share (Certificate) Account opened as a Traditional and Roth IRA is as set forth above. **For the 15 Month Term Share (Certificate) – Currently not offering; disclosed for indexing purposes only on existing accounts. Upon maturity of existing accounts, funds will automatically transfer to a 12 Month Term Share (Certificate) Account at the prevailing Dividend Rate and APY.

The minimum balance required to earn the disclosed APY for each Term Share (Certificate) Account is as set forth above. For purposes of this disclosure, such Dividend Rates and APYs were offered within the most recent seven (7) calendar days and were accurate as of the last date as set forth above. Please call (310) 374-3436 to obtain current rate information for such accounts.

Dividends are paid from current and available earnings, after required transfers to reserves at the end of a dividend period. A substantial penalty may be imposed for early withdrawal.

The applicable Dividend Rate and APY as set forth above for each Term Share (Certificate) Account will be paid for the length of the term listed. **For the 15 Month Term Share (Certificate) Account (including Accounts opened as Traditional and Roth IRAs), the Accountholder may bump up the Dividend Rate and APY once during the term. To bump up the Dividend Rate and APY, the Accountholder must notify the Credit Union in writing. The bump up Dividend Rate and APY would be the disclosed Dividend Rate and APY in effect on the date the Credit Union receives the Accountholder’s written notification.

Fees and other conditions could reduce earnings on any of the listed accounts as set forth in the Credit Union’s Account Agreement and Truth-In-Savings Disclosure.

Which product is right for you? Use our financial calculators to determine the best product/term.

 

Mortgage Loans

HOME AND REAL ESTATE LOAN RATES

California Only.
All Rates are expressed in terms of Annual Percentage Rate = APR
Rates are current as of time of publishing and subject to change.  Please contact RoseMarie at (310) 374-3436 x316 for today's current rates. 
 

1st TD Real Estate
Purchase or Refinace

FHA, VA and Reverse Mortgages

Conforming and Jumbo

 
 
Term
Rate
 
 
30 yr
Fixed
Contact
 
20 yr
Fixed
Rosemarie
 
15 yr
Fixed
Valdez for
 
10 yr
Fixed
current rates
 
30 yr
ARM 10/1
Fixed and
 
30 yr
30 yr
30 yr
ARM 7/1
ARM 5/1
ARM
Variables
 
 
    
Fannie Mae Conforming Loan Limits
   1 unit     $417,000
   2 units   $533,850
   3 units   $645,300
   4 units   $801,950

2nd TD Real Estate

Owner Occupied, Maximum LTV is 80%. The LTV is determined by an evaluation of applicant credit. Your approved LTV may vary from 80%.

Term
Rate
0.00 Points
1.00 Point
15 yr
Fixed – up to $250,000
6.250% APR
6.000% APR
25 yr
Variable HELOC – up to $250,000
4.000% APR
 

 
Terms applicable to Home Equity Line of Credit HELOC Loans
  • The Prime Rate for the HELOC, effective the beginning of February 1, 2014 is 3.250%Current fully indexed APR is 3.250%. 
  • Rate is based upon prime rate, WSJ Money Rates, plus .50% for LTV less than 50% or plus 1.00% for LTV of 50% or higher, minimum interest rate of 4%, which is the floor rate.
  • The maximum interest rate cannot exceed 18.000% APR.
  • The rate is subject to change at the first of each month.
  • The draw period is for 10 years and payments are interest only during this time. After the draw period, the loan is fully amortized to payoff for 15 years. All loans are subject to credit approval, title search, and verification of equity. Homeowners insurance and flood    insurance, if applicable, is required. Consult your tax advisor for potential tax breaks.
  • Home Equity loans are Fixed Rate and fully amoritzed up to 15 years with a one time advance.

Financial Calculators

Which payment is right for you? Use our financial calculators to determine the best product/term.






Copyright 2010-2013 South Bay Credit Union. All rights reserved.
Web Site Design and Content Management by JSS Enterprises, Inc.

APR=Annual Percentage Rate. Sample auto loan of at 48 months, for well qualified borrowers. Sample 0.00% APR credit card balance
transfers for 6 months. Purchases and cash advances are subject to standard rates. All loans subject to borrower and property qualifications. Not all applicants
may be approved. Loan and deposit rates are subject to change without notice. Conditions, restrictions, and terms may apply.


Dollar Dog Kid's ClubCha-Ching!The Edge HomeContact UsBranches & Locations