This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
Oakland County Credit Union Go to main content

Home Banking and Bill Pay

 
Forgot ID or password?

Oakland County Credit Union Rates

Loan Rates
Savings Rates

Loan Rates

Credit Cards
Effective Date: Thursday, January 19th, 2017
Card TypeAPR*
VISA Platinum 8.99 to 16.99
No Annual Fee for VISA Programs. APR is the interest rate charged on the amount borrowed. Rate determined by member's credit worthiness.
New and Used Autos
Effective Date: Thursday, January 19th, 2017
Loan TypeTermAPR as low as*Minimum
New 2016 & 2017 1 to 66 months 1.99**  
New 2016 & 2017 67 to 84 months 2.49**  
Used 2009 - 2016 1 to 60 months 2.49**  
Used 2009 - 2016 61 to 72 months 2.99**  
Used 2008 & Older 1 to 60 months 4.49 **  
* Rates determined by member's creditworthiness. New money only. ** Members with direct deposit and automatic payment receive a .25% loan discount. Discounts are already included in these stated rates. APR = Annual Percentage Rate The annual percentage rate, or the interest rate charged on the amount borrowed.
Recreational Vehicles
Effective Date: Thursday, January 19th, 2017
Boats, Campers, Jet Skis, Snowmobiles, Motor Homes & Motorcycles
Loan TypeTermAPR as low as*Minimum
New or Used 1 to 84 months 3.74**  
New or Used 85 to 120 months 4.59**  
New or Used 121 to 144 months 4.79**  
New or Used 145 to 180 months 4.99** $25,000.00
* Rates determined by member's creditworthiness, New Money Only for Special.
** Members with direct deposit and automatic payment receive a .25% loan rate discount. Discounts are already included in these stated rates. The annual percentage rate, or APR, is the interest rate charged on the amount borrowed.
Share Loans
Effective Date: Thursday, January 19th, 2017
TermAPR*
All terms 3.00%
The annual percentage rate, or APR, is the interest rate charged on the amount borrowed.
Certificate of Deposit Secured Loan
Effective Date: Thursday, January 19th, 2017
Rate
All terms are 3.00% APR
All Other Secured Loans
Effective Date: Thursday, January 19th, 2017
Yard equipment, computers, appliances, etc.
TermAPR*Minimum
1 to 60 months 3.990%  
Members with direct deposit and automatic payment receive a .25% loan rate discount. Discounts are already included in these stated rates.The annual percentage rate, or APR, is the interest rate charged on the amount borrowed.
Signature Loans
Effective Date: Thursday, January 19th, 2017
TermAPR as low as*Minimum

1 to 12 months 4.99**  
13 to 24 months 5.49%**  
24 to 48 months 5.99**  
49 to 60 months 6.49**  
60 month balloon 6.99**  
* Rate determined by member's creditworthiness. Also, members with direct deposit and automatic payment receive a .25% loan rate discount. Discounts are already included in these stated rates.The annual percentage rate, or APR, is the interest rate charged on the amount borrowed. The 60 month balloon is based on a 120-month term.
Home Equity Loans
Effective Date: Thursday, January 19th, 2017
Rate cannot vary more than 2 percentage points in a 12 month period.
Loan TypeLoan-to-ValueAPR*
Open-end Line of Credit 80% 4.500%
Open-end Line of Credit 90% 5.000%
Rates determined by member's creditworthiness.
Closed-end 7 Year 80% 3.990%
Closed-end 7 Year 90% 4.490%
Closed-end 10 Year 80% 4.490%
Closed-end 10 Year 90% 4.990%
Closed-end 15 Year 80% 4.990%
Closed-end 15 Year 90% 5.490%
To apply for real estate loans, call the mortgage department at (800) 815-6237, option 3. The annual percentage rate, or APR, is the interest rate charged on the amount borrowed.
OCCU EQUITY 1st LOAN
Ideal for members looking to refinance their existing first mortgage, or own their home free and clear and would like to use their equity for other purposes. Members will benefit from low rates and minimal, if any, closing costs.
Closed-end 7 year 80% 2.990%
Closed-end 7 year 90% 3.490%
Closed-end 10 year 80% 3.490%
Closed-end 10 year 90% 3.990%
Closed-end 15 year 80% 3.890%
Closed-end 15 year 90% 4.390%
Closed-end 20 year 80% 4.290%
Closed-end 20 year 90% 4.790%

 

Savings Rates

Shares
Effective Date: Thursday, January 19th, 2017
TypeDividend RateAPY
Regular Shares 0.10% 0.10%
Daily Shares 0.10% 0.10%
IRA Shares 0.15% 0.15%
Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA.
Money Market
Effective Date: Thursday, January 19th, 2017
TypeDividend RateAPY
$0 - $4,999 0.10% 0.10%
$5,000 - $24,999 0.15% 0.15%
$25,000 - $49,999 0.20% 0.20%
$50,000 - $99,000 0.25% 0.25%
$100,000 & Over 0.30% 0.30%
Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA
Certificates of Deposit & IRA Certificates of Deposit
Effective Date: Thursday, January 19th, 2017
TermDividend RateAPY
Balances of $500 and above
6 months 0.40% 0.40%
12 months 0.70% 0.70%
18 Month Special 1.00% 1.01%
24 months 1.10% 1.11%
36 months 1.40% 1.41%
48 months 1.55% 1.56%
Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA.
Jumbo -- Balances of $100,000 - $249,999
6 months 0.45% 0.45%
12 months 0.75% 0.75%
18 month Special 1.05% 1.06%
24 months 1.15% 1.16%
36 months 1.45% 1.46%
48 months 1.60% 1.61%
Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA.
Jumbo -- Balances of $250,000 and Above
6 months 0.50% 0.50%
12 months 0.80% 0.80%
18 Month Special 1.10% 1.11%
24 months 1.20% 1.21%
36 months 1.50% 1.51%
48 months 1.65% 1.66%
Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period and funds remain on deposit for one full year at the same dividend rate. Fees may reduce earnings. A fee may be charged for early withdrawal of a fixed-term certificate or IRA.

Go to main navigation