Rates & Fees
*These links will take you away from the Express Credit Union web site.
Savings Accounts Rates
| Account | Rate |
|---|---|
| Share Savings | .20% / .20% APY, $5.00 Minimum Balance |
| Holiday Club Savings | .25% / .25% APY, $5.00 Minimum Balance |
| Express Kids Savings Club | .20% / .20% APY, $5.00 Minimum Balance |
| IRA Shares | .30% / .30% APY, $5.00 Minimum Balance |
Dividends declared and paid quarterly
Savings Accounts Fees
Returned Deposited Item: $5.00 each*
Dormant:12 months no activity/balances under $1000 – $1.00/month
To learn how to open an Express Savings account, click here.
To read the Express Credit Union Truth in Savings, click here.
Certificate of Deposit Rates
Individual Retirement Accounts
*APY=Annual Percentage Yield
Rates are subject to change without notice.
**Dividends paid monthly.
^Dividends paid quarterly.
| Minimum Balance | Dividend Rate/APY* **6 months | Dividend Rate/APY* **12 months | Dividend Rate/APY* **24 months | Dividend Rate/APY* **36 months |
|---|---|---|---|---|
| Add To CD: Minimum $100 Maximum $1200 Contribution per term |
Not Available | .30% / .30% | 0.35% / 0.35% | Not Available |
| $1,000 – $9,999 | 0.25% / 0.25% | 0.30% / 0.30% | 0.35% / 0.35% | 0.40% /0.40% |
| $10,000 – $24,999 | 0.30% / 0.30% | 0.35% / 0.35% | 0.40% /0.40% | 0.45% / 0.45% |
| $25,000 – $49,999 | 0.30% / 0.30% | 0.35% / 0.35% | 0.45% / 0.45% | 0.55% / 0.55% |
| $50,000 + | 0.35% / 0.35% | 0.40% /0.40% | 0.55% / 0.55% | 0.60% /0.60% |
| Educational/Coverdell Savings Account $500 | Not Available | 0.25% / 0.25% | 0.30% / 0.30% | 0.40% /0.40% |
| IRA $1000 – $49,999 | Not Available | 0.25% / 0.25% | 0.30% / 0.30% | 0.40% /0.40% |
| IRA $50,000+ | Not Available | 0.30% / 0.30% | 0.40% /0.40% | 0.55% / 0.55% |
*APY=Annual Percentage Yield
Rates are subject to change without notice.
**Dividends paid monthly.
^Dividends paid quarterly.
Bump-It-Up CD option:
If your certificate is at least $10,000 and with a term of 12 to 24 months, you have the option to request a rate increase (a bump), if our rates increase. This option is available once during the term of the certificate.
Add-To Option:
For as little as $100 you may open a CD that you can add to in the future at a dividend rate that remains the same throughout the term of the CD. Available in terms of 12 and 24 months.
Please note:
- Certificates automatically renew at the end of the selected term at the current rate offered at the time of renewal. A certificate maturity notice will be mailed to you and you will have a 10 day grace period from the date of maturity before incurring any early withdrawal penalties.
- Certificates are subject to early withdrawal penalties of 30 days interest if the term is 12-months or less, and 90 days interest if the term is greater than 12 months.
To find out more about opening a Certificate of Deposit at Express, call us at 206-622-1850 or stop by our main office at 1741 4th Avenue S. in Seattle.
Checking Account Rates and Fees
| Stop Payments: Drafts and ACH/EFTs |
$15.00 each* |
| Overdraft/NSF/Returned Item: Checks, ATM/Debit, & ACH/EFT |
$20.00 each*/$80 daily max |
| Auto Transfers: From shares, LOC, or VISA to draft account |
$5.00 each |
| Returned Deposited Item: | $5.00 each* |
| Copy of Paid Drafts: | 5 free per month $1.00 each subsequent |
| EZCheck VISA Debit Card: With Awards Points Program |
$1.00 monthly |
| Without Awards Points Program | No Fee |
| Replacement cards | $5.00 each |
| PIN re-order (1 free annually) | $5.00 each subsequent |
General Fees
| ECU Teller Checks: | 1 check in a day – free $2.00 each additional check |
| Outgoing Wires: Domestic |
$15.00 each |
Money Market Accounts
A Money Market Account is a savings account that offers a higher rate of interest for larger deposits. Like other savings accounts, money market accounts are insured by the Federal government and are a convenient way to store money for longer periods of time. Money market accounts offer some of the same services as checking accounts, although transactions are more limited.
| Dollar Amount | Rate |
|---|---|
| $0 – 49,999 | 0.20% / 0.20% APY |
| $50,000 – $99,999 | 0.30% / 0.30% APY |
| $100,000+ | 0.35% / 0.35% APY |
Some of the details of a Money Market Account at Express:
- Higher rate of interest than regular savings account
- $1000 Minimum Opening Balance
- Must maintain minimum $1000 balance (or incur $5 monthly service charge)
- Rate tiers are based on the monthly average daily basis
- Dividends paid monthly and are subject to change without notice
To find out more about opening a Money Market Account at Express, call us at 206-622-1850 or stop by our main office* at 1741 4th Avenue S. in Seattle.
Vehicle Loan Rates
| Loan Product | *Annual Percentage Rate Ranges | Maximum Daily Periodic Rate | Percent Financed | Repayment Period |
|---|---|---|---|---|
|
Vehicles Up to 2 Yrs Old |
3.75% – 15.25% | 0.04178082 | Up to 120% loan-to-value | Up to 84 months |
| Vehicles 3 to 5 years old | 4.15% – 15.65% | 0.04287671 | Up to 120% loan-to-value | Up to 84 months |
| Vehicles over 5 years old | 5.75% – 16.25% | 0.04452054 | Up to 80% loan-to-value |
Up to 60 months |
| RVs New – 15 years old | 6.50% – 17.25% | -0.04726027 | Up to 100% loan-to-value | Up to 144 months |
| Motorcycles Up to 2 years old | 6.75% – 16.25% | -0.04452054 | Up to 100% loan-to-value | Up to 84 months |
| Motorcycles 3-5 years old | 7.15% – 16.65% | -0.04561643 | Up to 100% loan-to-value | Up to 84 months |
| Motorcycles 6-10 years old | 8.75% – 18.25% | -0.0500000 | Up to 80% loan-to-value | Up to 60 months |
Collateral Includes: Cars, Trucks, RV’s, Boats and Motor Homes.
RATES:
ALL RATES ASSUME .5% DISCOUNT FOR AUTOMATIC PAYMENT FROM ECU ACCOUNT
Rates and Financing are offered based on applicant’s credit qualifications, loan-to-value and term of the loan.
Other Rate Discounts may be available.
Term:
- 72 months – Minimum vehicle price $20,000
- 84 months – Minimum vehicle price $30,000
GAP Insurance: $275.00
Apply Now* for a Vehicle Loan
Personal Loan Rates
| Loan Type | Minimum Loan Rate | Maximum Loan Rate | Maximum Daily Rate | Additional Loan Information |
|---|---|---|---|---|
| Payday Alternative Loan | n/a | 87.93% | 0.240904110% | 15% flat loan fee – 90 day term – monthly payments Limited to 4 payday alternative loans per year. |
| Signature Loan | 10.00% | 18.00% | 0.049315068% | 60 Month Maximum Term |
| Line of Credit | 8.25% | 18.00% | 0.049315068% |
Variable Rate – 2 yr review |
| Visa Credit Card – Unsecured | 8.25% | 18.00% | 0.049315068% | Variable Rate – 28 Day Grace Period |
| Visa Credit Card – Cash Secured | 8.25% | 18.00% | 0.049315068% | Variable Rate – 28 Day Grace Period |
| Debt Consolidation | 15.00% | 18.00% | 0.049315068% | Up to $2500.00 to consolidate debt Minimum $10/payment savings component in payment required monthly. |
| Share Secured/Credit Builder | 4.20% | 4.60% | 0.012602739% | Rate is 4% over current share/CD Dividend Rate |
| Citizenship/Green Card Loan | n/a | 15.00% | 0.041095890% |
US Citizenship application fee $680 – Green Card Application Fee $1,070.00 - applicants must be prescreened as ineligible for other financial assistance. |
