Index

South Carolina Federal Credit Union Rate Board

Loan Rates| Dividend Rates| 1st Mortgage Rates| 
2nd Mortgage Rates|  Fees

Selected Loan Rates

Annual Percentage Rate (APR) are current as of  October 1, 2009 and are subject to change daily.

^¹Rates stated apply to loans financed for approximately 60 months. The approximate term is provided to disclose the term we use to calculate payments for the Credit Union's open-end loan products. This is a promotional rate for new loans. Other terms and rates available for existing South Carolina Federal loans.

² Additional rates available, are subject to change, and are based on your credit worthiness.

³ You may determine the current APR by reviewing the current rates the Credit Union is offering and adding two percentage points.

Senior Service checking and Member's Choice checking account holders receive a 1/2% loan rate discount if loan payment is automatically deducted. Discount does not apply to share or share certificate loans, first or second mortgage, credit cards, home equity lines of credit, or special promotional rates.

Dividend Rates

¹ Rates are subject to change after account opening.  Fees and withdrawals may reduce earnings on account.

Share certificates are subject to penalty for early withdrawal.  Fees and withdrawals may reduce earnings on account.
¹ APY= Annual Percentage Yield.  APY is the yearly dividend rate and is based on dividends remaining on deposit until maturity. Please contact South Carolina Federal for applicable fees and terms.
Annual Percentage Yield are current as of November 2, 2009 and are subject to change daily.

Mortgage Lending Rate Sheet

South Carolina Federal offers its members many types of real estate loans including: First and second mortgages and home equity lines of credit; for purchase or refinancing; fixed or variable rates. We have some great options for first-time homebuyers, too!

For further information, please visit Mortgage Mart, our online mortgage center, for a step-by-step guide to the home buying process. You can even apply for your mortgage online and, in most cases, find out instantly if you qualify.

If you would like to contact us by phone, please call a South Carolina Federal mortgage representative at 843.569.5145 in the Charleston area, or toll free at 800.845.0432, ext. 5145.

Home Equity Line of Credit

¹ Variable rate is subject to change and based on prime rate as published in the Wall Street Journal on the last Wednesday of the previous month. Maximum rate that can apply is 18% and minimum of 5.00%. The APR is accurate as of November 9, 2009. Closing costs may apply and may be approximately $1,100.

Fixed Rate Second Mortgage

Here is a listing of South Carolina Federal fees effective March 1, 2009.

¹ Waived for eStatement users, Senior Service Checking, Member's Choice Checking, Teen Savings, Kids Club, Premier Business Checking and accounts opened 90 days or less.
² at ATMs not owned by South Carolina Federal or in the CO-OP Network. Members with a Member’s Choice Checking are not charged this fee.
³ Expiration Date Appears on Face of Card. Expires One Year from Date of Issuance.
(4)Fee will be waived when a combined average daily balance of $100 or more in deposit accounts, or deposit 50% of the check into your account.
(5) Where combined average daily balance is less than $100. Fee is waived for members with Kids Club, Teen Savings, Free Checking, eChecking, IRA, Certificates and loan services or for accounts opened 90 days or less.
(6) If account has a bad address for two consecutive months.