LoginSavings
Rates and terms quoted below are subject to change without notice and are effective as of July 1, 2020.
| SAVINGS ACCOUNT | Minimum to Open | Minimum Balance to Earn Dividends | Dividend Rate | APY* | Compounded / Credited |
|---|---|---|---|---|---|
| ¹Kasasa Saver® | $5.00 | $0.01 – $10,000
$10,000.01 and up |
0.50%
0.25% |
0.50%
0.25% |
Monthly / Monthly |
| Regular Share Account | $5.00 | $100.00 | 0.05% | 0.05% | Monthly / Monthly |
| Super Saver Account | $2,500.00 | $2,500.00 – $7500.99
$7,501.00 – $25,000.99 $25,001.00 and up |
0.10%
0.15% 0.20% |
0.10%
0.15% 0.20% |
Monthly / Monthly |
| Christmas Club Account | $5.00 | $100.00 | 0.05% | 0.05% | Monthly / Monthly |
| Vacation Club Account | $5.00 | $100.00 | 0.05% | 0.05% | Monthly / Monthly |
| Coverdell Education Savings Account | $25.00 | $1.00 | 0.20% | 0.20% | Monthly / Monthly |
| Lucky Lagniappe Savings Account | $5.00 | $100.00 | 0.05% | 0.05% | Monthly/Monthly |
| Louisiana Ring Savings Account | Amount of first semester deposit | Not applicable |
*APY = Annual Percentage Yield. Fees may reduce earnings on account. Dividend rates are subject to change after account opening.
Certificates
Rates and terms quoted below are subject to change without notice and are effective as of January 1, 2023.
| SHARE CERTIFICATES | Minimum to Open | Minimum Balance to Earn Dividends | Dividend Rate | APY* | Compounded / Credited |
|---|---|---|---|---|---|
| 6-Month | $500.00 | $500.00 | 2.325% | 2.350% | Monthly / Monthly |
| 12-Month | $500.00 | $500.00 | 3.202% | 3.250% | Monthly / Monthly |
| 24-Month | $500.00 | $500.00 | 3.251% | 3.300% | Monthly / Monthly |
| 36-Month | $500.00 | $500.00 | 3.590% | 3.650% | Monthly / Monthly |
| 60-Month | $500.00 | $500.00 | 4.073% | 4.150% | 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 | 2.325% | 2.350% | Monthly / Monthly |
| 12-Month | $500.00 | $500.00 | 3.202% | 3.250% | Monthly / Monthly |
| 24-Month | $500.00 | $500.00 | 3.251% | 3.300% | Monthly / Monthly |
| 36-Month | $500.00 | $500.00 | 3.590% | 3.650% | Monthly / Monthly |
| 60-Month | $500.00 | $500.00 | 4.073% | 4.150% | 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 January 1, 2023.
| 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 | 0.20% | 0.20% | 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 | 2.325% | 2.350% | Monthly / Monthly |
| 12-Month | $500.00 | $500.00 | 3.202% | 3.250% | Monthly / Monthly |
| 24-Month | $500.00 | $500.00 | 3.251% | 3.300% | Monthly / Monthly |
| 36-Month | $500.00 | $500.00 | 3.590% | 3.650% | Monthly / Monthly |
| 60-Month | $500.00 | $500.00 | 4.073% | 4.150% | 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 July 1, 2020.
| Checking Account | Minimum to Open | Minimum Balance to Earn Dividends | Dividend Rate | APY* | Compounded / Credited |
|---|---|---|---|---|---|
| ¹ Kasasa Cash® | $50.00 | $0.01 – $5,000 | 2.959% | 3.00% | Monthly / Monthly |
| Regular Checking | $50.00 | $1,000.00 | 0.049% | 0.05% | 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. Dividend rates are subject to change after account opening.
¹When Kasasa Cash qualifications are not met, ATM withdrawal fees are not refunded and the dividend rate earned on the entire average daily balance in the account will be 0.049% resulting in an APY of 0.05%. Kasasa Cash® Terms and Conditions
Loans
Rates and terms quoted below are subject to change without notice and are effective as of January 1, 2023.
| Secured/Collateralized Loan | Repayment Term | APR* |
|---|---|---|
| New Auto | Up to 84 months | 3.75% APR – 17.95% APR |
| Used Auto | Up to 84 months | 3.75% APR – 17.95% APR |
| New Motorcycle | Up to 60 months | 3.75% APR – 17.95% APR |
| Used Motorcycle | Up to 48 months | 3.75% APR – 17.95% APR |
| New RV or Travel Trailer | Up to 144 months | 3.75% APR – 17.95% APR |
| Used RV or Travel Trailer | Up to 96 months | 3.75% APR – 17.95% APR |
| New Boat Rig | Up to 120 months | 3.75% APR – 17.95% APR |
| Used Boat Rig | Up to 84 months | 3.75% APR – 17.95% APR |
| New Purchase (ATV, etc.) | Up to 60 months | 3.75% APR – 17.95% APR |
| Used Purchase (ATV, etc.) | Up to 48 months | 3.75% APR – 17.95% APR |
Secured/Collateralized Loan Disclaimer: APR = Annual Percentage Rate. Your qualifying rate is based on your credit profile, associated credit score, and our internal credit criteria. At 2.75% APR, pay 24 monthly payments of $42.88 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.
APR does not increase after the consummation of the loan.
Down payment may be necessary.
New/Used Boat Rig Disclaimer: Boats must be purchased and registered in the state of Louisiana.
| PERSONAL LOANS | Repayment Term | APR* |
|---|---|---|
| Share (Savings) Secured | Up to 120 months | 2.00% APR1 above share APY1 |
| Share Certificate Secured | Up to 120 months | 2.00% APR1 above share APY1 |
| Line of Credit | Up to 60 months | 8.95% APR2 – 17.95% APR2 |
| Signature / Personal Loan | Up to 60 months | 8.95% APR3 – 17.95% 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. APR does not increase after consummation of the loan.
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 8.95% APR, pay 60 monthly payments of $20.74 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 8.95% APR, pay 60 monthly payments of $20.74 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.
| Fixed-Rate Credit Card | Grade | Credit Score | APR* |
|---|---|---|---|
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | A+ | 760+ | 9.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | A | 700-759 | 10.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | B | 660-699 | 12.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | C | 630-659 | 15.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | D | 600-629 | 17.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | E | 599 or Less | 17.95% APR* |
| Mastercard® Platinum Rewards (Unsecured or Savings Secured) | No Score | No Score | 17.95% APR* |
View MasterCard Application and Solicitation Disclosure (PDF new window/tab)
*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.
Mortgages
Contact our Mortgage Team at (337) 482-6956 or visit a branch for current rates.
Terms quoted below are subject to change without notice and are effective as of September 1, 2019.
| Product | Repayment Term |
|---|---|
| Fixed Rate Mortgage (Up to 90% CLTV, maximum of $400,000) | Up to 30 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 15 years |
| Vacant/Raw Land (Up to 90% CLTV, maximum of $150,000) | Up to 15 years |
| Home Equity Line of Credit (Up to 90% CLTV, maximum of $150,000) | Up to 15 years |
| Second Mortgage (Up to 90% CLTV, maximum of $400,000) | Up to 15 years |
Payment Sample:
A Fixed-Rate loan of $100,000 for 15 years at 2.42% APR will have a monthly payment of $663.07.
A Fixed-Rate loan of $100,000 for 30 years at 2.89% APR will have a monthly payment of $415.78.
Fixed-Rate Mortgages do not adjust after consummation of the loan.
*Rates are based on an evaluation of credit history, so your rate may differ.
*Taxes and insurance not included; therefore, the actual payment obligation will be greater.
APR = Annual Percentage Rate
Loan approval: CLTV = Combined Loan to Value. 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 $200 non-refundable fee will be required to complete your loan process. A $200 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 May 1, 2020.
Download Fee Schedule (PDF – new tab/window).
| Fee Description | Amount |
|---|---|
| Savings (Share) Withdrawal | $5.00 per withdrawal after 2 per month |
| Super Saver Withdrawal | $5.00 per withdrawal after 3 per month |
| Lucky Lagniappe Savings Account Early Withdrawal | $10.00 for first withdrawal from account early $25.00 for second withdrawal from account early |
| Vacation Club Withdrawal | $5.00 per withdrawal after 2 per month |
| Christmas Club Early Withdrawal | $25.00 for withdrawing from account early |
| Louisiana Ring Savings Account Withdrawal | $5.00 for every withdrawal not intended for Ring Purchase. Submit Withdrawal Application to request funds. |
| Check Cashing | $5.00 (waived for members that have accounts with balances over $100.00, loans or checking accounts) |
| Tax Levy | $50.00 |
| Regular Checking (Share Draft) Account Monthly Service Fee | $5.00 per month (waived with $500 or more average daily balance OR direct deposit monthly) |
| Order for Personal 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) | $29.00 per check |
| Daily Negative Balance Fee | $1.50 per day |
| Overdraft Privilege | $29.00 per transaction |
| Debit Card Fee | $12.00 annually |
| Debit Card Dispute | $10.00 per occurrence for valid charges |
| Dormant Share Savings Account Fee | $5.00 per quarter (members age 18 to 62 with less than $5,000.00, no activity in 12 months, and no other ULFCU products) |
| Share Savings Account Early Closure 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 |
| eStatement Incorrect Address | $5.00 per month |
| Fee Description | Amount |
|---|---|
| Online Banking | Free |
| Bill Pay | Free |
| Bill Pay Check Copy | Free |
| 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 | $29.00 per request |
| Stop Payment Series of Checks | $29.00 per request |
| Temporary/Counter Checks | $5.00 per 12 |
| Cashier/Credit Union Checks | $1.00 per check |
| Reissue Cashier/Credit Union Check | $10.00 per check |
| Lost or Stolen Cashier/Credit Union Check | $28.00 per check |
| Wire Transfer-Continental U.S. | $20.00 per transfer |
| Wire Transfer-International | $50.00 per transfer |
| ATM Withdrawal-Foreign Machine (Non-MoneyPass® ATMs) | $1.00 per withdrawal (surcharge free at MoneyPass® ATMs) |
| ATM Overdraft Privilege | $29.00 per item |
| Debit Card Replacement | $20.00 per replacement card |
| Debit Card Expedited Shipping | $50.00 per card plus shipping cost |
| Debit Card PIN Replacement | No charge |
| Telephone Banking Withdrawal | No charge |
| Certified Checks | $1.50 per check |
| ACH Electronic Return | $29.00 per transaction |
| Pre-authorized EFT NSF | $29.00 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 |
| 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 |
| Fee Description | Amount |
|---|---|
| Loan Payment by Phone | $9.00 per transaction using a credit card or debit card |
Loan Fees
Fees quoted below are subject to change without notice and are effective as of May 1, 2020.
Download Loan Servicing Fee Schedule (PDF – new window/tab)
| Fee Description | Amount |
|---|---|
| Consumer Loan Application | $20.00 per application |
| Mortgage Loan Application | $200.00 per application |
| Mortgage Loan Origination Fee | 1.50% of the amount of the loan |
| HELOC Application Fee | $50.00 per application |
| Mortgage Loan Credit Report Fee | $20.00 per credit report |
| Pay by Phone Fee | $9.00 per loan payment |
| Loan Refinance Fee | $20.00 per loan |
| Returned Check Fee | $29.00 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 for monthly payments below $499.99 $50.00 per loan for monthly payments $500.00 or over |
| 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 greater than $10,000.00 |
| Member Loan Modification and/or Extension Fee | $35.00 |
| Member Loan Extension Fee | $35.00 |
| Research Loan History | $15.00 for each year researched |
| Fee Description | Amount |
|---|---|
| Cash Advances | Available upon request for ULFCU Credit Cards only |
| Pay by Phone Fee | $9.00 per loan payment |
| Late Payment Fee | $25.00 |
| Over the Limit Fee | $25.00 |
| Expedited Shipping | $50.00 per card + 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 |
