Rates & Fees

Savings

Rates and terms quoted below are subject to change without notice and are effective as of 7/3/2014.

SAVINGS ACCOUNT

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

Regular Share Account

$5.00

$100.00

0.11%

0.11%

Monthly / Monthly

Super Saver Account

$2,500.00

$2,500.00 – $7500.99

$7,501.00 – $25,000.99

$25,001.00 and up

0.15%

0.20%

0.25%

0.15%

0.20%

0.25%

Monthly / Monthly

Christmas Club Account

$5.00

$100.00

0.11%

0.11%

Monthly / Monthly

Vacation Club Account

$5.00

$100.00

0.11%

0.11%

Monthly / Monthly

Coverdell Education Savings Account

$25.00

$1.00

0.30%

0.30%

Monthly / Monthly

*APY = Annual Percentage Yield. Fees may reduce earnings on account.

View fees that may reduce earnings.

Certificates

Rates and terms quoted below are subject to change without notice and are effective as of 7/3/2014.

SHARE CERTIFICATES

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

6-Month

$500.00

$500.00

0.250%

0.250%

Monthly / Monthly

12-Month

$500.00

$500.00

0.399%

0.400%

Monthly / Monthly

24-Month

$500.00

$500.00

0.698%

0.700%

Monthly / Monthly

36-Month

$500.00

$500.00

0.747%

0.750%

Monthly / Monthly

60-Month

$500.00

$500.00

0.847%

0.850%

Monthly / Monthly

 

COVERDELL EDUCATION SAVINGS CERTIFICATE ACCOUNT

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

6-Month

$500.00

$500.00

0.250%

0.250%

Monthly / Monthly

12-Month

$500.00

$500.00

0.399%

0.400%

Monthly / Monthly

24-Month

$500.00

$500.00

0.698%

0.700%

Monthly / Monthly

36-Month

$500.00

$500.00

0.747%

0.750%

Monthly / Monthly

60-Month

$500.00

$500.00

0.847%

0.850%

Monthly / Monthly

*APY=Annual Percentage Yield. The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Penalties may apply for early withdrawals from certificate accounts. Offering rates may change.

IRAs

Rates and terms quoted below are subject to change without notice and are effective as of 7/3/2014.

IRA SAVINGS
(Traditional or Roth)

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

IRA Savings Account

$25.00

$1.00

0.30%

0.30%

Monthly / Monthly

 

IRA CERTIFICATES
(Traditional or Roth)

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

6-Month

$500.00

$500.00

0.250%

0.250%

Monthly / Monthly

12-Month

$500.00

$500.00

0.399%

0.400%

Monthly / Monthly

24-Month

$500.00

$500.00

0.698%

0.700%

Monthly / Monthly

36-Month

$500.00

$500.00

0.747%

0.750%

Monthly / Monthly

60-Month

$500.00

$500.00

0.847%

0.850%

Monthly / Monthly

*APY=Annual Percentage Yield. The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. Penalties may apply for early withdrawals from certificate accounts. Offering rates may change.

You may be subject to a 10 percent early distribution penalty tax on any taxable amount taken from either a Traditional or Roth IRA before you reach the age 59 1/2, unless you qualify for one of these penalty exceptions: disability, certain health insurance costs, certain medical expenses, higher education expenses, first-time homebuyers expenses, substantially equal periodic payments, IRS tax levy, qualified military reservist distributions, or death (beneficiary distributions). Contact your tax professional for complete details.

Checking

Rates and terms quoted below are subject to change without notice and are effective as of 7/3/2014.

CHECKING ACCOUNT

Minimum to Open

Minimum Balance to Earn Dividends

Dividend Rate

APY*

Compounded / Credited

Regular Checking

$50.00

$1,000.00

.05%

.05%

Monthly / Monthly

*APY=Annual Percentage Yield. Fees may reduce earnings on account. Must maintain a minimum daily balance of $1,000 to earn dividends. Offering rates may change. Average daily balance to earn dividends is $1,000. Dividends paid monthly. Please refer to our “Truth In Savings and Electronic Services Disclosure and Agreement” for specific details about any account. Penalty may be imposed for early withdrawal

Loans

Rates and terms quoted below are subject to change without notice and are effective as of March 2015.

VEHICLE LOANS

Repayment Term

APR*

New Auto

Up to 84 months

2.25% APR – 16.50% APR

Used Auto

Up to 72 months

2.50 APR – 16.50% APR

New Motorcycle

Up to 60 months

2.25% APR – 16.50% APR

Used Motorcycle

Up to 48 months

2.50 APR – 16.50% APR

New RV or Travel Trailer

Up to 144 months

5.90% APR – 13.90% APR

Used RV or Travel Trailer

Up to 96 months

5.90% APR – 17.90% APR

New Boat Rig

Up to 120 months

5.90% APR – 13.90% APR

Used Boat Rig

Up to 84 months

5.90% APR – 17.90% APR

New Purchase (ATV, etc.)

Up to 60 months

5.90% APR – 13.90% APR

Used Purchase (ATV, etc.)

Up to 48 months

5.90% APR- 17.90% APR

New Auto/Motorcycle Disclosure: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 2.25% APR, pay 60 monthly payments of $17.64 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests.

Used Auto/Motorcycle Disclosure: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 2.25% APR, pay 60 monthly payments of $17.75 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests.

New/Used RV or Travel Trailer Disclosure: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 5.90% APR, pay 60 monthly payments of $19.29 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests.

New/Used Boat Rig Disclosure: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 5.90% APR, pay 60 monthly payments of $19.29 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests. Boats must be purchased and registered in the state of Louisiana.

New/Used Purchase Disclosure: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 5.90% APR, pay 60 monthly payments of $19.29 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests.


 

PERSONAL LOANS

Repayment Term

APR*

Share (Savings) Secured

Up to 120 months

3.00% APR1 above share APY1

Share Certificate Secured

Up to 120 months

3.00% APR1 above share APY1

Line of Credit

Up to 60 months

8.90% APR2 – 18.00% APR2

Signature / Personal Loan

Up to 60 months

8.90% APR3 – 18.00% APR3

1APR = Annual Percentage Rate. APY = Annual Percentage Yield. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 3.11% APR (based on current APY), pay 120 monthly payments of $9.71 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. There is a Loan Processing Fee of $20.00 for all loan application requests

2Line of Credit repayment is based on 60 month repayment term. This is an open-ended loan. Additional draws on line of credit may result in a longer repayment period based on the balance of the line of credit. At 8.90% APR, pay 60 monthly payments of $20.71 per $1,000 borrowed. Your APR may differ based on our internal credit criteria. There is a Loan Processing Fee of $20.00 for all loan application requests. Once line of credit is established, there is no fee for additional draws.

3Signature/Personal loans at 8.90% APR, pay 60 monthly payments of $20.71 per $1,000 borrowed. Your APR may differ based on our internal credit criteria. There is a Loan Processing Fee of $20.00 for all loan application requests.


 

SPECIAL LOAN OFFERS

Repayment Term

APR^

Summer Personal Loan Special^ (June 1-July 31, 2017)

Up to 12 months

As low as 8.00% APR

Summer Personal Loan Special^ (June 1-July 31, 2017)

Up to 24 months

As low as 8.25% APR

^APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 8.00% APR, pay 12 monthly payments of $87.23 per $1,000 borrowed. At 8.25% APR, pay 24 monthly payments of $45.47 per $1,000 borrowed. Your APR may differ based on your loan amount, repayment method, and other factors. Offer available June 1-July 31, 2017. There is a Loan Processing Fee of $20.00 for all loan application requests. Equal Opportunity Lender. Federally insured by the NCUA.


 

 

FIXED-RATE CREDIT CARD

Credit Limit

APR*

Mastercard® Platinum Rewards (Unsecured or Savings Secured)

$10,000.01 to $15,000.00

9.40% APR*

Mastercard® Platinum Rewards (Unsecured or Savings Secured)

$5,000.00 to $10,000.00

11.40% APR*

Mastercard® Platinum Rewards (Unsecured or Savings Secured)

$2,000.00 to $4,999.99

13.40% APR*

Mastercard® Platinum Rewards (Unsecured or Savings Secured)

$400.00 to $1,999.99

16.40% APR*

View Mastercard Credit Card Agreement

*APR = Annual Percentage Rate. Rates quoted are subject to change. Qualification is based on term (as applicable), credit history, debt, and the ability to repay. Your rate may vary. All loans subject to credit approval.

Mortgage

Contact our Mortgage Team at (337) 482-6956 or visit a branch for current rates

MORTGAGE PRODUCTS

Repayment Term

Fixed Rate Mortgage
(Up to 90% CLTV, maximum of $400,000)

5, 10 or 15 years

Adjustable Rate Mortgage
(Up to 90% CLTV, maximum of $400,000)

Up to 30 years

Real Estate/Mobile Home Combination Loan
(Up to 90% CLTV, maximum of $400,000)

Up to 30 years

Vacant/Raw Land
(Up to 90% CLTV, maximum of $100,000)

Up to 15 years

Home Equity Line of Credit
(Up to 90% CLTV, maximum of $150,000)

Up to 15 years

Home Equity Loan
(Up to 90% CLTV, maximum of $400,000)

Up to 30 years

Second Mortgage
(Up to 90% CLTV, maximum of $400,000)

Up to 30 years

Loan approval: All applicants MUST meet loan approval criteria which are based on credit history, debts, ability to repay, home ownership and home value. If pre-approved, a $100 non-refundable fee will be required to complete your loan process. A $100 Non-Refundable Application fee is charged once Member indicates their Intent to Proceed with the transaction, after the Loan Estimate has been delivered in any manner. Acceptable forms of intent to proceed include, verbal communication by phone or in person, email, or a signed pre-printed form. Terms are subject to change without notice based on factors such as, but not limited to, expiration of pre-approval, loan to value evaluation, and type of property. Contact a mortgage loan officer for complete details. ULFCU NMLS #411258.

Account Fees

Fees quoted below are subject to change without notice and are effective as of November 29, 2016.

Download Account Fee Schedule

Savings (Share) and Checking (Share Draft) Fees

Fee Description

Amount

Savings (Share) Withdrawal

$5.00 after 2 per month

Super Saver Withdrawal

$5.00 after 3 per month

Vacation Club Withdrawal

$5.00 per withdrawal after 2 per month

Christmas Club Early Withdrawal

$25.00 for withdrawing from account early

Check Cashing

$5.00 (waived for members that have accounts with balances over $100.00, loans or checking accounts)

Tax Levy

$50.00

Checking (Share Draft) Account Service

$5.00 per month if minimum balance not maintained

Check Printing

Prices vary depending on style

Share Backup Withholding Fee

$25.00

Telephone Check

$2.00 per check

Electronic Check Problem

$20.00 per check

Return Deposit Item

$5.00 per item

Check History

$2.00 per printed page (free through Online Banking)

Draft Collection

$5.00 to $20.00 per draft

Copy of Cleared Check

$5.00 per copy

Share Draft Return (NSF)

$28.00 per check

Daily Negative Balance Fee

$1.00 per day

Overdraft Privilege

$28.00 per transaction

Debit Card Fee

$12.00 annually

Debit Card Dispute

$10.00 per occurrence for valid charges

Dormant Account Fee

$5.00 per month

Early Account Closing Fee

$25.00 (if closed within 6 months of opening account)

Account Re-Opening Fee

$20.00

ACH One Time Set-Up Fee

$5.00 per set up

Duplicate 1098 and/or 1099

$2.00

Letter of Credit

$10.00

Statement Incorrect Address

$5.00 per month

E-statement Incorrect Address

$5.00 per month

Online Banking Fees (applicable to all accounts)

Fee Description

Amount

Online Banking

Free

Bill Pay

$10.00 set-up; No monthly fee

Inactive Bill Pay

$5.00 per month

Bill Pay Check Copy

$5.00 per copy

Other Service Fees (applicable to all accounts)

Fee Description

Amount

Account Research

$25.00 per hour

Account Reconciliation

$25.00 per hour

Statement Copy

$2.00 per page

Untraceable Accounts

$50.00 per month after 12 months

Stop Payment

$28.00 per request

Stop Payment Series of Checks

$28.00 per request

Temporary/Counter Checks

$5.00 per 12

Credit Union Checks

$1.00 per check

Wire Transfer-Continental U.S.

$20.00 per transfer

Wire Transfer-International

$50.00 per transfer

ATM Withdrawal-Foreign Machine
(Non-ULFCU or MoneyPass network ATM)

$1.00 per withdrawal

ATM Overdraft Privilege

$28.00 per item

Debit Card Replacement

$10.00 per replacement card

Debit Card Expedited Shipping

$50.00 per card plus shipping cost

Debit Card PIN Replacement

$3.00

Telephone Banking (voice response) Withdrawal

No charge

Certified Checks

$1.50 per check

ACH Electronic Return

$28.00 per transaction

Pre-authorized EFT NSF

$28.00 per transaction

Money Order

$0.00 – $249.99 = $1.50 each
$250.00 – $499.99 = $2.00 each
$500.00 – $749.99 = $2.50 each
$750.00 – $1,000.00 = $3.00
Money Orders over $1,000.00 are not available.

Share Value

$5.00 per membership

Membership Fee

$5.00 per membership

Garnishment

$50.00

Fax for Member (Personal)

$1.00 per page

Federal & State Refund Checks

Fee Description

Amount

Federal Refund Check Cashing

1% of value of the check, any amount

State Refund Check Cashing

1% of value of check over $500.00

Visa Pre-Paid Gift Cards

Fee Description

Amount

Instant Issued Cards

$5.00

Customer Service Call to Visa

$4.35

Maintenance Fee

$2.50 per month after 12 months

Expedited Shipping for Replacement Card

$25.00 plus shipping (card must be registered)

Other

Fee Description

Amount

Loan Payment by Phone

$7.00 per loan per payment

Loan Fees

Fees quoted below are subject to change without notice and are effective as of March 2017.

Download Loan Servicing Fee Schedule

Loan Servicing Fees

Fee Description

Amount

Consumer Loan Application

$20.00 per application

Mortgage Loan Application

$100.00 per application

Mortgage Loan Origination Fee

1.25% of the amount of the loan

Pay by Phone Fee

$7.00 per loan payment

Loan Refinance Fee

$20.00 per loan

Returned Check Fee

$28.00 each loan payment reversed due to NSF

Late Fee

5% of the payment amount (minimum of $25.00)

Skip a Payment Promotion Fee

$35.00 per loan if payment is less than $500.00
$50.00 per loan if payment is $500.00 or more

Title Processing

$18.00 per loan

Loan Payment Coupon Book

$5.00

Loan Changed from Auto-Pay to Coupon Book

$25.00 for loans less than $10,000.00
$50.00 for loans freater than $10,000.00

Member Loan Modification and/or Extension Fee

$25.00

Member Loan Extension Fee

$25.00

Research Loan History

$15.00 for each year researched

Credit Card Fees

Fee Description

Amount

Cash Advances

Available upon request for ULFCU Credit Cards only

Pay by Phone Fee

$7.00 per loan payment

Late Payment Fee

$25.00

Expedited Shipping

$50.00 per card plus shipping cost

Card Replacement Fee

$10.00

Duplicate Credit Card Statement

$2.00 for first page, $1.00 per page after the first page

Rush Request for Temporary Credit Card Limit

$5.00

Letter of Credit

$10.00

Statement Incorrect Address

$5.00 per month