Saving Rates

Dividend rates are in effect as of March 1st, 2017Dividend rates are subject to change without notice. APY represents the annual percentage yield when dividends remain on deposit for monthly compounding. A penalty will be imposed for early withdrawal on Share Certificate accounts.

Loan rates are in effect from May 1st, 2016. Loan rates are available on approved credit. For current rates visit MHFCU or call us at 259-2000.

Savings Rates

Share Type Minimum Balance Dividend Rate APY*
Regular Shares $25.00 0.10% 0.10%
Share Draft $0.00 0.10% 0.100%
Christmas Club $5.00 0.25% 0.250%
Health-E Club Christmas $5.00 0.35% 0.351%
Vacation Club $5.00 0.25% 0.250%
Health-E Club Vacation $5.00 0.35% 0.351%
IRA Shares $5.00 0.20% 0.201%
High Yield Shares $2500 – $19,999.99 0.40% 0.401%
$20,000 – $49,999.99 0.45% 0.451%
$50,000.00 – $99,999.99 0.50% 0.01%
$100,000.00 + 0.55% 0.551%
Share Certificates Minimum Balance Dividend Rate APY*
3 month $500.00 0.30% 0.300%
3 month Youth & Teen CD $100.00 0.50% 0.501%
6 month $500.00 0.40% 0.401%
12 month $500.00 0.50% 0.501%
18 month $500.00 0.80% 0.803%
24 month $500.00 0.95% 0.954%
30 month $500.00 1.05% 1.055%
36 month $500.00 1.20% 1.207%
48 month $500.00 1.50% 1.510%
60 month $500.00 1.80% 1.815%

HEALTH-E CLUB MEMBERS enjoy a premium of .15% on all regular certificates of deposit.

IRA Shares & Certificates Minimum Balance Dividend Rate APY*
Shares $5.00 0.15% 0.150%
3 month $500.00 0.350% 0.351%
6 month $500.00 0.45% 0.451%
12 month $500.00 0.55% 0.551%
18 month $500.00 0.85% 0.853%
24 month $500.00 1.00% 1.005%
30 month $500.00 1.10% 1.106%
36 month $500.00 1.25% 1.257%
48 month $500.00 1.55% 1.561%

APY* represents the annual percentage yield when dividends remain on deposit for monthly compounding.

Loan Rates

Loan rates at MHFCU are based on the amount borrowed, the term of the loan, and your individual credit history. Please call our friendly Account Services Reps for details.

Real Estate Loans

Type Term APR*
1st & 2nd Mortgages Prevailing terms and rates apply
Home Equity Loans up to 60 months Rates are based on loan amount, term, and credit history
Home Equity Loans 61-120 months Rates are based on loan amount, term, and credit history
Home Equity Loans 121-180 months Rates are based on loan amount, term, and credit history
Home Equity Lines of Credit 6 year draw, 180 months Variable Rate, Index = Prime
Mobile Home Loans 60 months 13.50%
all rates APR

Specialty Loans

Type APR*
VISA Credit Card 10.95%
Share Secured 4.00%
Overdraft Protection 13.00%
Share Certificate Secured +2.00% over certificate rate, rounded up to the nearest .5%

HEALTH-E CLUB LOAN SPECIAL

Secured and Unsecured Consumer Loans, All Terms

.25% discount on regular rate

*APR – Annual Percentage Rate

Fee Schedule

Share Account-Related Fees

Effective 07/01/2011 Standard Fees Health-E Club Fees
Auto Transfer Fee/NSF $5.00 $5.00
Bad Address Fee $10.00 $10.00
Check Cashing Fee (Low Balance Accts) $5.00 $5.00
Check Copy $6.00 $3.00
Courtesy Pay Fee $32.00 $32.00
Dormant Account Fee $10.00/Month $10.00/Month
Escheat Fee/Dormant Accounts $50.00 $50.00
NSF Fee $32.00 $32.00
Research Fee $25.00/hour $25.00/hour
Return Deposited Item Fee $5.00 $4.00
Statement Copy $6.00/Month $3.00/Month
Stop Payment Fee $20.00 $20.00
Temporary Checks $7.00/12 checks $5.00/12 checks

Loan-Related Fees

Effective 07/01/2011 Standard Fees Health-E Club Fees
HELOC Loan Application Fee $100.00 $100.00
Loan Application Fee/Online FREE FREE
Loan Application Fee/Paper $25.00 $25.00
Real Estate Loan Origination Fee 1% of Loan Value 1% of Loan Value

Product Fees

Effective 07/01/2011 Standard Fees Health-E Club Fees
ATM/Debit Lost Cards $10.00 $10.00
Coin Counting/Processing Fee Industry Standard FREE
Early Account Close Fee $10.00 if closed within 3 months of opening account
Fax $.25 local $.50 long distance FREE
IRA Close & Transfer to another institution $25.00 $25.00
Notary Service FREE FREE
OnLine BillPay Classic $3.95 FREE
OnLine BillPay Plus $4.95 $4.95
Photocopies $.25/page FREE
Teller Checks $1.50 FREE
VISA Gift Cards $1.95 + gift amount $1.95 + gift amount
VISA Lost Cards $10.00 $10.00
VISA Return Payment $25.00 $25.00
VISA Sales Draft Copy $6.00 $6.00
VISA Statement Copy $5.00 $5.00
Wire Transfers – Incoming $5.00 FREE
Wire Transfers – Outgoing $10.00 $7.50