Rates

Deposit Rates

Rates effective as of December 1, 2024

Savings Account

Account Type APY Dividend Rate
Share Savings

Minimum Opening Balance: $5.00

 0.05% 0.05%
Holiday Savings Account 0.05% 0.05%
IRA Savings

Minimum Opening Balance: $5.00

 0.05% 0.05%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Min. Balance to earn the stated APY: $200

  • Balance Method: Daily Balance

  • Account Limitations: Account Transfer and Withdrawal Limitations Apply

Checking Account

Account Type Dividend Rate APY
Dividend Checking 0.05% 0.05%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Min. Balance to avoid service fee: $500
  • Min. Balance to earn the stated APY: $200

  • Minimum Opening Deposit: $25.00

  • Balance Method: Daily Balance

Certificate

Term Dividend Rate APY
5 Month Special Rate

Limited Time Only. 

 4.554% 4.65%
6 Month 3.832% 3.90%
12 Month 3.928% 4.00%
24 Month 3.687% 3.75%
36 Month 3.542% 3.60%
48 Month 3.445% 3.50%
60 Month 3.348% 3.40%
84 Month 3.251% 3.30%
  • Minimum Deposit: $500.00
  • Dividend Period: Calendar Month
  • Dividends Compounded and Credited: Monthly

Money Market

Account Balance Dividend Rate APY
$1,000.00 – $9,999.00 1.490% 1.50%
$10,000.00 – $24,999.00 1.736% 1.75%
$25,000+ 1.982% 2.00%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Minimum Balance To Avoid Service Fee: None
  • Balance Method: Daily Balance
  • Account Limitations: Account Transfer and Withdrawal Limitations Apply
  • Minimum Opening Deposit: $1,000.00
  • Minimum Balance to Earn Stated APY: $1,000.00

IRA Savings

Account Type Dividend Rate APY
IRA 0.05% 0.05%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Min. Balance to avoid service fee: None
  • Min. Balance to earn the stated APY: $200
  • Minimum Opening Deposit: $5.00
  • Balance Method: Daily Balance
  • Account Limitations: Account Transfer and Withdrawal Limitations Apply

IRA Certificate

Term Dividend Rate APY
5 Month Special Rate

Limited Time Only.

 4.554% 4.65%
6 Month 3.832% 3.90%
12 Month 3.928% 4.00%
24 Month 3.687% 3.75%
36 Month 3.542% 3.60%
48 Month 3.445% 3.50%
60 Month 3.348% 3.40%
84 Month 3.251% 3.30%
  • Minimum Deposit: $500.00
  • Dividend Period: Calendar Month
  • Dividends Compounded and Credited: Monthly

Health Savings Account

Account Balance Dividend Rate APY
$0 – $999 0.250% 0.25%
$1,000 – $9,999 0.499% 0.50%
$10,000 – $24,999 0.747% 0.75%
$25,000+ 0.995% 1.00%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Minimum Balance To Earn Stated APY: $1.00
  • Balance Method: Daily Balance

Club Savings Account (ABC & Teen)

Account Balance Dividend Rate APY
$1.00 0.05% 0.05%
  • Dividends Compounded: Monthly
  • Dividends Credited: Monthly
  • Dividend Period: Calendar Month
  • Minimum Balance to Earn State APY: $1.00
  • Balance Method: Daily Balance
  • Account Limitations: Account Transfer and withdrawal limitations apply.
  • ABC Club Account - Maturity on the Member's 13th Birthday.
  • Teen Club Account - Maturity on the Member's 18th Birthday.

APY: Annual Percentage Yield

Loan Rates

Rates effective as of December 19, 2024

Auto

Fixed rate

Model Year/Term APR
2025-2024 up to 66 months As low as
5.74%
2023-2021 up to 66 months As low as
5.74%
2020-2018 up to 66 months As low as
6.49%

APRs shown are based on a $25,000 loan with a $130 application fee. Other rates and terms are available.

RV, Watercraft, Travel Trailers & Motorcycles

Fixed rate

Loan Amount/Term APR
$70,000-$100,000 / 120 Months As low as
7.49%
$50,000-$69,999 / 120 months As low as
7.24%
$50,000-$69,000 / 84 months As low as
6.99%
$25,000-$49,999 / 72 months As low as
6.74%
$20,000-$24,999 / 60 months As low as
6.49%
$1,000-$19,999 / 12-48 months As low as
6.49%

Older models add .50% to the above rates.

Share Secured

Variable rate

Term APY
Up to 60 months Share Certificate/Savings APY + 2%

Credit Builder Loan

Term APR
Up to 12 Months

Maximum $2000

 7.50% (Variable Prime)

Personal Loan

Fixed rate

Loan Amount/Term APR
$1,000-$2,499 / up to 24 months As low as
9.99%
$2,500 – $4,999 / up to 36 months As low as
9.99%
$5,000-$7,499 / up to 48 months As low as
9.99%
$7,500+ / up to 60 months As low as
9.99%

Home Improvement Loan

Fixed rate

Loan Amount/Term APR
$1,000 – $15,000 / Up to 84 months As low as
9.49%

Debt Consolidation

Loan Amount/Term APR
$1,000-$2,499 / up to 24 Months As low as
9.99%
$2,500 – $4,999 / up to 36 Months As low as
9.99%
$5,000-$7,499 / up to 48 Months As low as
9.99%
$7,500 and over / up to 60 Months As low as
9.99%

Continuing Education Loan

Term APR
Maximum Term 60 months 10.50% (Variable Prime+3%)

Stretch Pay Loan

Loan Amount APR
$1,000 Limit

($95 Annual Fee)

 18.00%

Visa® Credit Cards

Card Type Credit Limit APR
Rewards First Visa® Platinum Card

This APR will vary with the market based on the Prime Rate. Rate is calculated by adding 8.74% to the current Prime Rate. A guarantor may be necessary if you are under 21 and your annual income is less than $10,000.

 Up to $30,000 As low as
16.49%
Visa® Platinum Card

This APR will vary with the market based on the Prime Rate. Rate is calculated by adding 5.74% to the current Prime Rate. A guarantor may be necessary if you are under 21 and your annual income is less than $10,000.

 Up to $30,000 As low as
13.49%

Education First’s Visa Credit Card Disclosure

Home Equity Loans and Lines of Credit

We offer flexible rates and a variety of terms for this loan. Please contact us at 614-221-9376 option 2, visit us at one of our two branches or email us at Loans@educu.org.

Loan to Value APR
80% or Less As Low As (Prime)
7.50%

APR: Annual Percentage Rate
APY: Annual Percentage Yield
Rate, Terms and conditions subject to change without notice. Subject to credit approval. Rate may vary based on credit worthiness.