Rates
Savings Rates
|
Savings |
Dividend Rate |
APY* |
|---|---|---|
|
Click here for required Truth & Savings Disclosure Rates effective as of March 1, 2018 |
||
|
Share Savings Account |
0.25 |
0.25 |
|
EzStart & Ez$ Savings - For portion of account balance up to $5,000.00 |
2.50 |
2.53 |
|
EzStart & Ez$ Savings - For portion of account balance that exceeds $5,000.00 |
0.40 |
0.40 |
|
Money Market Savings $0 - $2,499.99 |
0.25 |
0.25 |
|
Money Market Savings $2,500.00 - $9,999.99 |
0.40 |
0.40 |
|
Money Market Savings $10,000.00 - $24,999.99 |
0.40 |
0.40 |
|
Money Market Savings $25,000.00 - $49,999.99 |
0.40 |
0.40 |
|
Money Market Savings $50,000.00 - $99,999.99 |
0.55 |
0.55 |
|
Money Market Savings $100,000.00 - $249,999.99 |
0.70 |
0.70 |
|
Money Market Savings $250,000.00 - $499,999.99 |
0.75 |
0.75 |
|
Money Market Savings $500,000.00 + |
0.80 |
0.80 |
|
Holiday Club Account |
0.40 |
0.40 |
|
IRA Savings |
0.75 |
0.75 |
|
Health Savings |
2.00 |
2.02 |
|
First-time Homebuyer Savings Account |
0.25 |
0.25 |
Money Market Checking
|
Money Market Checking* |
Dividend Rate |
APY* |
|---|---|---|
|
*Variable rates. Rate may change after the account is open Rates effective as of June 1, 2012 |
||
|
$0 - $1,000.99 |
0.00 |
0.00 |
|
$1,001.00 - $9,999.99 |
0.25 |
0.25 |
|
$10,000.00 - $24,999.99 |
0.25 |
0.25 |
|
$25,000.00 - $49,999.99 |
0.25 |
0.25 |
|
$50,000.00 and above |
0.25 |
0.25 |
Certificate Rates
|
Certificates |
Dividend Rate |
APY* |
|---|---|---|
|
Rates effective as of April 1, 2018 Click here for required Truth & Savings Disclosure *APY = Annual Percentage Yield Certificate rates remain fixed for the term of the certificate. |
||
|
3 Month Certificate |
0.30 |
0.30 |
|
6 Month Certificate |
0.60 |
0.60 |
|
12 Month Certificate |
0.85 |
0.85 |
|
18 Month Certificate |
1.00 |
1.00 |
|
24 Month Certificate |
1.00 |
1.00 |
|
36 Month Certificate |
1.00 |
1.00 |
|
24 Month IRA Certificate** |
1.00 |
1.00 |
|
24 Month Step Up Certificate |
1.10 |
1.10 |
|
36 Month Step Up Certificate |
2.15 |
2.16 |
|
24 Month IRA Step Up Certificate** |
1.10 |
1.10 |
Visa Credit Cards
|
VISA Credit Card |
APR* |
|---|---|
|
Click to learn more about our Credit Cards Rates effective as of October 19, 2011 All rates are subject to change. *APR = Annual Percentage Rate ** A secured credit card requires funds that equal the credit limit be deposited and held in your SouthPoint Regular Savings Account. Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rates disclosed are the lowest rates available at SouthPoint Financial. Other conditions may apply. |
|
|
Platinum Rewards |
9.00%-18.00% |
|
Platinum Select |
7.00%-16.00% |
|
Platinum Secured Card** |
7.00% |
Mortgage Loans
|
Mortgage Loans |
Interest Rate |
APR* |
|---|---|---|
|
What you should know about Home Equity Lines of Credit ++Must maintain a balance greater than zero on the HELOC for the first twelve (12) months If you fail to comply with this criterion the interest rate on your HELOC will increase to the variable rate stated on the Home Equity Line Agreement and Disclosure statement even if the twelve (12) months are not up yet. Closing costs varies from $0.00 to $1,000.00. Origination fee of $50. Ask a loan representative for details. Rates effective as of April 26, 2018 All rates are subject to change. *APR = Annual Percentage Rate **Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rates disclosed are the lowest rates available at SouthPoint Financial. Other conditions may apply. |
||
|
15 Year Fixed Rate Mortgage Residential Real Estate** |
4.125 |
4.276 |
|
30 Year Fixed Rate Mortgage Residential Real Estate** |
4.625 |
4.713 |
|
First Mortgage Residential 5 Year Real Estate** |
4.250 |
4.308 |
|
Second Mortgage Residential 5 Year Real Estate** |
4.250 |
4.308 |
|
15 Year First Time Home Buyer Real Estate** |
4.375 |
4.544 |
|
30 Year First Time Home Buyer Real Estate** |
4.625 |
4.777 |
|
10 Year Rapid Refi ** |
4.375 |
4.378 |
|
15 Year Rapid Refi ** |
4.625 |
4.627 |
|
Home Equity Line of Credit Rate ++ |
1.999 |
1.999 |
NMLS Numbers
|
Name |
NMLS # |
|---|---|
|
SouthPoint FCU |
480422 |
|
Jay Gostonczik |
479252 |
|
Maxine Meine |
641325 |
|
Cory Bergman |
1286229 |
|
Brian Serbus |
641327 |
|
Jeffrey Anderson |
641329 |
|
Michelle Heiderscheidt |
641330 |
|
Jody Rhoades |
1534463 |
|
Shannon Brown |
1520750 |
|
Carissa Rodewald |
1534461 |
|
Kristine Helget |
1592738 |
|
Randy Reinarts |
641331 |
|
Michelle Strate |
641332 |
|
Michael Schmid |
641334 |
|
Candy Hjerpe |
671143 |
|
Joel Heitner |
957871 |
|
Lisa Zihlke |
1055627 |
|
Lindsy Ludewig |
1431603 |
|
John Flemmer |
1449163 |
|
Anthony Thiessen |
1520202 |
|
Eric Reker |
1601179 |
|
Jennifer Mude |
1140037 |
|
Joseph Tauer |
1578661 |
|
Dayna Greenwaldt |
1235190 |
|
Amanda Cook |
1256185 |
|
Nick Burger |
1592739 |
|
Brad Haynes |
758841 |
|
Kari Berg |
1449162 |
|
Lori Wolkow |
1461757 |
|
Megan Karg |
517323 |
|
Kayla Goetsch |
1645840 |
|
Tyler Bruggeman |
1665079 |
|
Alex Cook |
1665077 |
|
Jim Jensen |
818332 |
|
Cole Coubrough |
1665078 |
|
Lindsey Bibbs Anderson |
688349 |
|
Eric Baumgard |
1717941 |
Consumer Loans
|
Loans |
Interest Rate |
APR* |
Term |
|---|---|---|---|
|
Rates effective as of January 1, 2014 All rates are subject to change. *APR = Annual Percentage Rate **Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rates disclosed are the lowest rates available at SouthPoint Financial. Other conditions may apply. |
|||
|
Member Loan** |
6.990 |
6.990 |
60 |
|
Share Savings Secured Loan |
3.750 |
3.750 |
12 |
|
Share Savings Secured Loan |
4.000 |
4.000 |
24 |
|
Share Savings Secured Loan |
4.250 |
4.250 |
36 |
|
Ready Reserve Loan |
15.000 |
15.000 |
N/A |
Vehicle Loans
|
Loan Type |
APR* As low as |
|---|---|
|
Rates effective as of October 1, 2015 All rates are subject to change. *APR = Annual Percentage Rate **Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rates disclosed are the lowest rates available at SouthPoint Financial. Other conditions may apply. |
|
|
New & Used Auto & Truck - terms up to 84 months** |
2.99% |
|
Boat, Motorcycle, ATV, PWC, Snowmobile, Trailer, other - terms up to 84 months** |
3.99% |
|
RV/Camper - terms up to 144 months** |
3.99% |
Business Checking
|
Business Checking |
Dividend Rate |
APY* |
|---|---|---|
|
Rates effective as of June 1, 2012 *APY = Annual Percentage Yield |
||
|
$0 - $1,000.99 |
0.00 |
0.00 |
|
$1,001.00 - $9,999.99 |
0.25 |
0.25 |
|
$10,000.00 - $24,999.99 |
0.25 |
0.25 |
|
$25,000.00 - $49,999.99 |
0.25 |
0.25 |
|
$50,000.00 and above |
0.50 |
0.50 |
Ag/Comm Loans
|
Loans |
Interest Rate |
APR* |
Term |
|---|---|---|---|
|
Commercial Real Estate Index – 4.500% All rates are subject to change. *APR = Annual Percentage Rate **Interest rates are subject to change based on the type of loan, the collateral, loan to value, borrower’s credit history, account relationship, and automatic payments. Rates disclosed are the lowest rates available at SouthPoint Financial. Other conditions may apply. |
|||
|
Operating Loans and Lines of Credit ** |
5.000 |
5.000 |
12 |
|
Farmland ** |
4.500 |
4.500 |
36 |
|
Farmland ** |
4.750 |
4.750 |
60 |
|
Residential Rental ** |
4.250 |
4.250 |
36 |
|
Residential Rental ** |
4.500 |
4.500 |
60 |
|
Ag Comm. Building ** |
5.250 |
5.250 |
36 |
|
Ag Comm. Building ** |
5.500 |
5.500 |
60 |
|
Term Loans ** |
4.750 |
4.750 |
36 |
|
Term Loans ** |
5.000 |
5.000 |
48 |
|
Term Loans ** |
5.250 |
5.250 |
60 |
|
Term Loans ** |
5.500 |
5.500 |
72 |
Fee Schedule
|
Listed Fees apply to all accounts: |
Fee |
|---|---|
|
Fee Schedule is effective as of March 1, 2017 *Item refers to any transaction type such as ATM withdrawals, debit card transactions, preauthorized automatic debits, telephone-initiated transfers or other electronic transfers, if applicable, to avoid implying that check transactions are the only transactions covered. |
|
|
Notary Fee |
Free to members |
|
Signature Guarantee |
$25 |
|
Photo Copies & Incoming/Outgoing Faxes |
$.10 per page |
|
Visa Gift Cards |
$3 each |
|
Non-Member Visa Advance |
2% of transaction |
|
Returned Deposited Check |
$4 per item |
|
Wire Transfer Fee |
$15 U.S.; $50 International |
|
Levy Fee |
$50 |
|
Non-Member Check Cashing |
$10 each |
|
Account Research |
$25 per hour; 1 Hr minimum - Research applies to any account activity printouts including check copies or printed statements. |
|
Re-Open Closed Account |
There may be a $10 fee to re-open an account that has been closed less than 90 days |
|
Foreign Fee |
Returned Item - $30; Processing - $6.25 |
|
Counter Checks |
$1 each |
|
Coin Exchange |
Free to members; 10% for non-members |
|
Return Mail/Statement |
$5 per item |
|
|
|
|
Following fees apply to savings accounts: |
Fee |
|
Credit Union Check Fee |
$5 per check when amount is under $3,000 |
|
Dormant Fee |
$15 per quarter if there is only a membership account and that account has a balance less than $500 and has had no activity for 1 year. This does not apply to minor accounts. |
|
Inactive Secondary Savings |
$15 per quarter for all inactive secondary savings accounts with a balance less than $500 and no activity for 1 year. |
|
Money Market Savings (only) |
$10 per month if balance falls below $2,500. |
|
Health Savings Account (HSA) and IRA |
A closing fee of $50 may be applied if your HSA or IRA account is closed within 365 days of opening. If closed within (7) days of opening, no fee shall be applied. |
|
+Health Savings Account (HSA) |
An Annual Handling Fee of $10 will be automatically deducted on the anniversary date of opening the account. |
|
Holiday Club Savings Account |
Requires minimum of 1 monthly deposit to account. Loss of interest if funds withdrawn prior to payout. |
|
|
|
|
Following fees apply to checking accounts: |
Fee |
|
Non-Sufficient Funds |
$30 per item* |
|
Overdraft Fee |
$30 per item* |
|
Inactive Checking |
$10 per quarter if no activity occurs within that quarter. |
|
Stop Payment Order |
$20 |
|
Inactive Debit Card Fee |
$10 per quarter if no activity occurs within that quarter. |
|
Debit Card Replacement |
$10 |
|
Copies of Check with Mailed Statement |
$5 per month |
|
Personal and Business Check Order Fee |
Standard Design Checks: 2 free boxes per year |