Rates

Members of Dupaco are the owners of the financial cooperative, so they share in the success of the credit union. Here's how it works: In the language of credit unions, your savings account is called a "share account." You will "share" that deposit with other Dupaco owners in the form of loans.

After we loan out your money to other owners, you get a portion of the earnings from interest, proportionate to your deposit. We deduct our operating expenses and put money into our reserves, and then you'll get something back in the form of dividends added to your account. When we have surplus earnings, we return them to you, our owners, in the form of enhanced services.

 

Credit Card Rates

Rates Effective: 11/01/2014
Credit Card Rate
VISA Promotional Rate (qualified new & existing accounts) 3.90% APR1
VISA Rate (Non-Promotional) 9.00%-16.00% APR2
1For existing Dupaco VISA® accounts opened prior to Oct. 31, 2014: The 3.9% promotional rate is valid for credit purchases and cash advances that post Monday, Nov. 3, 2014 thru Wednesday, Dec. 31, 2014. The 3.9% APR expires when your May 2015 bill is generated, at which time the APR will revert back to the APR established at time of account opening, which is a variable rate from 9.00% to 16.00%, based on your creditworthiness. Account must be in good standing to qualify.

For new accounts opened from Oct. 31 through Dec. 31, 2014, with a credit score of 675 or above: The 3.9% promotional rate expires 182 days from the issuance of the card. When the discounted period expires, the APR on existing balances will increase to the new non-discount rate on the first day of the billing cycle. After the introductory period the APR will be 9.00%.

For new accounts opened from Oct. 31 through Dec. 31, 2014, with a credit score below 675: These accounts do not qualify for the 3.9% promotional rate. The applicable APR is a variable rate from 12.00% to 16.00%, based on your credit worthiness.

For all VISA accounts: APRs will vary with the market based on the Prime Rate. There is a grace period on purchases, and no annual fees or participation fees. Other fees include: cash advance fee of $3 or 1.50% of the amount of each cash advance, whichever is greater (maximum of $15); foreign transaction fee of 1.00% of each transaction in US dollars; late payment fee up to $15; returned payment fee up to $25.


2VISA Non-Promotional Rate: Rates subject to change and may vary during the term of credit. The rate will be the Prime Rate as published in The Wall Street Journal on the last business day of each calendar quarter, plus margin. Margin to be determined by credit score at time of application. Grace period on purchases. There is no annual fee. Other fees include: Cash advance fee--$3.00 or 1.50% of the amount of each cash advance, whichever is greater (maximum of $15); foreign transaction fee--1.00% of each transaction in US Dollars; late payment fee--up to $15.00; returned payment fee--up to $25.00.

Vehicle, Motorcycle, Boat & RV Loan Rates

Rates Effective: 11/01/2014
Loan Program Term Rate (As Low As)1 Cooperative Giveback Rate (As Low As) 2
2012-14 Model Year 24 Months 2.99% APR 2.54% APR
2012-14 Model Year 36 Months 2.99% APR 2.54% APR
2012-14 Model Year 48 Months 2.99% APR 2.54% APR
2012-14 Model Year 60 Months 2.99% APR 2.54% APR
2012-14 Model Year 72 Months 3.24% APR 2.79% APR
2012-14 Model Year 84 Months 3.99% APR 3.54% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
2010-11 Model Year 24 Months 2.99% APR 2.54% APR
2010-11 Model Year 36 Months 2.99% APR 2.54% APR
2010-11 Model Year 48 Months 2.99% APR 2.54% APR
2010-11 Model Year 60 Months 2.99% APR 2.54% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
2008-09 Model Year 24 Months 4.35% APR 3.90% APR
2008-09 Model Year 36 Months 4.49% APR 4.04% APR
2008-09 Model Year 48 Months 4.49% APR 4.04% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
2005-07 Model Year 24 Months 5.99% APR 5.54% APR
2005-07 Model Year 36 Months 5.99% APR 5.54% APR
1Auto Loan Rates: Loan rates based on member credit qualification and total loan amount. Rates are subject to change without notice. Mini-Max Loans: Add 1% to conventional rates.
2Cooperative Loan Discount Rates:To qualify for Cooperative Loan Giveback discounts, you must have the following account relationships with Dupaco Community Credit Union:
Savings, Checking, Automatic Payment: .15% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment: .30% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment, Dupaco VISA card, and any one of the following: Certificate, IRA, Home Equity Line of Credit, or other loan: .45% discount.

ATV, Snowmobile, Jet Ski Loan Rates

Rates Effective: 11/01/2014
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)1
Model Year 2012-14 24 Months 5.74% APR 5.29% APR
Model Year 2012-14 36 Months 5.74% APR 5.29% APR
Model Year 2012-14 48 Months 5.74% APR 5.29% APR
Model Year 2012-14 60 Months 5.74% APR 5.29% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
Model Year 2010-11 24 Months 5.89% APR 5.44% APR
Model Year 2010-11 36 Months 6.14% APR 5.69% APR
Model Year 2010-11 48 Months 6.29% APR 5.84% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
Model Year 2008-09 24 Months 6.85% APR 6.40% APR
Model Year 2008-09 36 Months 7.35% APR 6.90% APR
Loan Program Term Rate (As Low As) Cooperative Giveback Rate (As Low As)
Model Year 2007 and older 36 Months 9.60% APR 9.15% APR
1Cooperative Loan Discount Rates:To qualify for Cooperative Loan Giveback discounts, you must have the following account relationships with Dupaco Community Credit Union:
Savings, Checking, Automatic Payment: .15% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment: .30% discount;
Savings, Checking, $1,500 or more in a savings or loan account, direct deposit, automatic payment, Dupaco VISA card, and any one of the following: Certificate, IRA, Home Equity Line of Credit, or other loan: .45% discount.

Home Equity Loan Rates

Rates Effective: 11/01/2014
Loan Program Rate
Prime Cut Home Equity 4.00% APR (4.00% Floor)1
1Home Equity Rate: Rate based on qualification. Minimum $10,000 line of credit required on loan-to-value less than 75% with $5,000 initial minimum advance. The APR may vary after the account is opened. Maximum APR 21%. The rate will be the Prime Rate as published in The Wall Street Journal on the last business day of each calendar month, plus an index with a floor rate of 4.00% (if applicable). The current fully indexed rate is 4.00% Annual Percentage Rate (APR). Closing costs paid by the credit union to a maximum of $350. There are no annual fees; however, there may be an early termination charge applied if line is closed within 30 months of opening. Consult your tax advisor concerning the deductibility of interest. Property insurance required.

Dupaco offers many options for financing your home. Visit our mortgage pages for rates and details.