CREDIT CARD AND PERSONAL LOAN
RATES & TERMS
Rates quoted are effective as of EFFECTIVE_DATE and are subject to change without notice.
SchoolsFirst FCU’s loan program features a range of interest rates for some of its consumer loans. A rate is based on a variety of factors, including the applicant’s credit rating. Loan terms are based on various factors, including the amount financed.
SchoolsFirst FCU's maximum aggregate personal loan limit is $50,000 per qualifying Member, including all individual and joint personal accounts.
All loans subject to credit approval.
For more information, visit our website at www.schoolsfirstfcu.org or call 800.462.8328.
Credit Cards
| Credit Cards | Range of Rates | Maximum Loan Amount | Monthly Payment |
|---|---|---|---|
| Inspire Mastercard No annual fee; variable rate.1 | CLTYPE9500|T7|Rate - CLTYPE9500|T6|Rate APR | Up to CLTYPE9500|MaxLoanAmt | 2% of the statement balance or $25, whichever is greater |
| School Employee Mastercard No annual fee; variable rate.1 | CLTYPE9600|T7|Rate - CLTYPE9600|T6|Rate APR | Up to CLTYPE9600|MaxLoanAmt | 2% of the statement balance or $25, whichever is greater |
| Rewards Mastercard No annual fee; variable rate.1 | CLTYPE9700|T7|Rate - CLTYPE9700|T6|Rate APR | Up to CLTYPE9700|MaxLoanAmt | 2% of the statement balance or $25, whichever is greater |
| Share-Secured Mastercard No annual fee; currently fixed rate.1 | CLTYPE8500|T7|Rate APR | Up to CLTYPE8500|MaxLoanAmt | 2% of the statement balance or $25, whichever is greater |
| Credit Cards | |
|---|---|
| Inspire MasterCard No annual fee; variable rate.1 | |
| Rates | CLTYPE9500|T7|Rate - CLTYPE9500|T6|Rate APR |
| Max Amt. | Up to CLTYPE9500|MaxLoanAmt |
| Monthly Payment | |
| 2% of the statement balance or $25, whichever is greater | |
| School Employee Mastercard No annual fee; variable rate.1 | |
| Rates | CLTYPE9600|T7|Rate - CLTYPE9600|T6|Rate APR |
| Max Amt. | Up to CLTYPE9600|MaxLoanAmt |
| Monthly Payment | |
| 2% of the statement balance or $25, whichever is greater | |
| Rewards Mastercard No annual fee; variable rate.1 | |
| Rates | CLTYPE9700|T7|Rate - CLTYPE9700|T6|Rate APR |
| Max Amt. | Up to CLTYPE9700|MaxLoanAmt |
| Monthly Payment | |
| 2% of the statement balance or $25, whichever is greater | |
| Share-Secured Mastercard No annual fee; currently fixed rate.1 | |
| Rates | CLTYPE8500|T7|Rate APR |
| Max Amt. | Up to CLTYPE8500|MaxLoanAmt |
| Monthly Payment | |
| 2% of the statement balance or $25, whichever is greater | |
SchoolsFirst FCU credit cards feature no fees on cash advances, balance transfers, or over-limit transactions and a 25-day grace period on new purchases when the entire balance is paid in full by the payment due date each month and your previous balance is zero or a credit balance. For Inspire, School Employee and Share-Secured: Foreign Transaction Fee 2% of the transaction amount in U.S. dollars, includes Internet transactions made when you are in the United States, but the merchant processes the transaction in a foreign country.
Personal Loans
| Loan Type | Range of Rates | Maximum Loan Amount | Monthly Payment |
|---|---|---|---|
Overdraft Protection Loan Automatic payment transfer required. | CLTYPE3300|T7|Rate - CLTYPE3300|T6|Rate APR | CLTYPE3300|MaxLoanAmt | 3% of the statement balance or $25, whichever is greater |
| Personal Loan | CLTYPE3424|T7|Rate2 - CLTYPE3460|T6|Rate APR | CLTYPE3460|MaxLoanAmt | Estimated payment of CLTYPE3436|T7|Payment - CLTYPE3436|T6|Payment per $100 borrowed (based on a 36-month term) |
| Payroll Savings Loan3 | CLTYPE3900|T7|Rate APR | CLTYPE3900|MaxLoanAmt | Ask for details |
| Loan Type | |
|---|---|
Overdraft Protection Loan Automatic payment transfer required. | |
| Range of Rates | CLTYPE3300|T7|Rate - CLTYPE3300|T6|Rate APR |
| Maximum Loan Amount | CLTYPE3300|MaxLoanAmt |
| Monthly Payment | |
| 3% of the statement balance or $25, whichever is greater | |
Personal Loan | |
| Range of Rates | CLTYPE3424|T7|Rate2 - CLTYPE3460|T6|Rate APR |
| Maximum Loan Amount | CLTYPE3460|MaxLoanAmt |
| Monthly Payment | |
| Estimated payment of CLTYPE3436|T7|Payment - CLTYPE3436|T6|Payment per $100 borrowed (based on a 36-month term) | |
Payroll Savings Loan3 | |
| Range of Rates | CLTYPE3900|T7|Rate APR |
| Maximum Loan Amount | CLTYPE3900|MaxLoanAmt |
| Monthly Payment | |
| Ask for details | |
Certificate-Secured Loan
| Certificate-Secured Loan | ||
|---|---|---|
| Certificate-Secured | 2.5% above the rate on your Share Certificate | Ask for details |
| Certificate-Secured Loan | |
|---|---|
| Certificate-Secured | |
| Rates | 2.5% above the rate on your Share Certificate |
| Ask for details | |
APR = Annual Percentage Rate
1Variable rate, subject to increase after account opening. Share-Secured Mastercard - The APR is currently fixed and will remain fixed for a minimum of one-year after account opening. The APR is subject to change thereafter.
2This rate reflects a 0.75% discount for payment made by automatic transfer from your SchoolsFirst FCU account.
3Rate subject to change. Five percent of every loan advance will be placed in a "Payroll Savings Share account." Access to this share account will be restricted for 12 months after the opening date of the loan.