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Rates

Savings Accounts

DescriptionMinimum BalanceDividend RateAPY
Savings Account$0.010.02%0.02%
Christmas Club$0.010.10%0.10%

APY - Annual Percentage Yield
$5.00 minimum balance is required to maintain a Savings Account. Rates listed above are subject to change after the account is opened. Fees could reduce earnings on the account. Annual Percentage Yields are accurate as of February 27, 2024 and subject to change.

Checking Accounts

DescriptionMinimum BalanceDividend RateAPY
Essentials Checking*No minimum balance**No Dividends PaidNo Dividends Paid
Simple CheckingNo minimum balanceNo Dividends PaidNo Dividends Paid
NeXGen CHECKING
(Youth Checking
ages 14-17)
No minimum balanceNo Dividends PaidNo Dividends Paid
Checking Plus$200.00+0.02%0.02%
Performance Money Market $200.00 - $2,499.990.25%0.25%
$2,500.00 - $24,999.991.00%1.01%
$25,000.00 - $49,999.991.70%1.71%
$50,000.00 - $99,999.991.90%1.92%
$100,000.00 +2.00%2.02%

APY - Annual Percentage Yield
Checking Accounts are earned on the average daily balance and posted quarterly. Rates listed above are subject to change after the account is opened. Dividends on Performance Money Market Accounts are earned on the average daily balance and posted monthly. Fees could reduce earnings on the account.
Essentials Account
*$25.00 minimum to open required
**Monthly Maintenance Fee applies
Annual Percentage Yields are accurate as of February 27, 2024 and subject to change.

Share Certificates

DescriptionTermDividend RateAPY
1-5 months1.00%1.00%
6-11 months3.00%3.03%
12-23 months4.00%4.06%
24-35 months3.50%3.55%
36-47 months3.20%3.24%
48-59 months2.80%2.83%
60+ months3.10%3.14%
Youth and Young Adult Savings Certificates3 month1.00%1.00%
6 month3.00%3.03%
12 month4.00%4.06%
24 month3.50%3.55%
Share Certificates (IRA)1-5 months1.00%1.00%
6-11 months3.00%3.03%
12-23 months4.00%4.06%
24-35 months3.50%3.55%
36-47 months3.20%3.24%
48-59 months2.80%2.83%
60+ months3.10%3.14%
Share IRA0.40%0.40%
Kickstart IRA**12 months4.00%4.06%

Early withdrawal penalties may apply. At maturity, account is subject to automatic renewal at the rate then in effect for that term. --Dividends compounded quarterly. Fees could reduce earnings on the account.
For Share Certificates: Minimum deposit $250.00.
For Youth/Young Adult certificates: Minimum deposit $100.00 with maximum amount of $3,000.00.
For IRA certificates: Dividends compounded quarterly, certificate minimum balance $250.00, minimum deposit to open $250.00.
**Kickstart IRA needs minimum $100.00 to open with a max of $250,000.00. Subsequent deposits allowed.
Annual Percentage Yields are current of February 27, 2024 and subject to change.

Personal Loans

TermAPR (as low as)
Up to 60 months9.99%
61 - 84 months12.79%

APR - Annual Percentage Rate
Not all borrowers will qualify for extended term.
Rate will never exceed 18.00% APR.
As Low As rates listed are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice. For a $5,000 personal loan at 12.69% APR and a payment term of 36 months, your monthly payment will be $168.00 per month.
Annual Percentage Rate is accurate as of February 28, 2024

Vehicle Loan Rates

TypeTermAPR
(as low as)
New AutosUp to 36 months4.99%
37 - 60 months5.74%
61 - 72 months6.24%
73-84 months6.74%
Used AutosUp to 36 months6.14%
37 - 60 months6.24%
61 - 72 months6.74%
72 - 84 months****7.54%
Secured Loans
(Watercraft, Campers, ATVs, Motorcycles)
Up to 36 months
(minimum $5,000)
7.29%
37 - 60 months
(minimum $9,000)
8.29%
61 - 72 months
(minimum $18,000)
9.29%1
Boat Loans, RV, 5th WheelsUp to 60 months
(Minimum $5,000)
6.99%
61 - 96 months
(Minimum $20,000)
7.49%
96 - 120 months
(Minimum $30,000)
8.49%
121 - 180 months
(new only) -
(Minimum $30,000)
9.49%

APR - Annual Percentage Rate
New vehicles are either current or previous year auto with less than 12,000 miles.
Rates listed are best available based on approved credit; actual rate offered may be higher depending upon applicant credit rating and other underwriting factors.
All advertised rates are subject to change without notice.
1-Not all borrowers will qualify. Subject to terms and conditions. Minimum FICO score required to be eligible.
For a $15,000 vehicle loan at 6.94% APR and a payment term of 60 months, your monthly payment will be $297.00.  This amount does not include optional vehicle protection coverage. For a $30,000 vehicle loan at 8.24% APR and a payment term of 84 months, your monthly payment will be $472.00. This amount does not include optional vehicle protection coverage.

Annual Percentage Rate is accurate as of February 28, 2024

Other Loan Rates

TypeTermAPR (as low as)
MyLine Anytime11.29%
MyCash12-month term28%
Overdraft (Discontinued)16.50%
Secured by Share Account or CertificateUp to 36 months

37-60 months
7.99%

8.99%
APR - Annual Percentage Rate Rates listed are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice.

For a $3,000 Myline loan at 13.49% APR and payments will be 3.50% of balance with a minimum payment of $25.00, term will vary based on the required minimum payment. For a $3,000 Share Secured loan at 7.99% for 36 months the payment will be $95.00 per month.

MyCash - All loan applications are subject to review of eligibility and approval.  The Annual Percentage Rate (APR) is accurate as of 10/11/2023. 28% APR (27.75%) and is a fixed rate for the term of your loan. The minimum and initial loan amount is limited to $500.00, and the loan amount for subsequent requests is up to $1,000.00 and is available to members who meet relationship, account status, and direct deposit history and other eligibility requirements. Membership of 90 days is required. The $20.00 application fee is collected at the time of the application and must be available funds. Loan is disbursed into your CPM account and cannot be disbursed in a branch, by phone or other means. If the loan is more than 15 days past due, there is a late fee of 5% of the payment amount.

Annual Percentage Rate is accurate as of February 28, 2024

Visa Credit Cards

DescriptionAPR
Visa® Classic Card16.00%
Visa® Gold Card 

with Bonus Points Program
15.50%*
Visa® Platinum Card

with Bonus Points Program
13.50%* 
Visa® Firefighter Gold Card15.50%*
Visa® Secured Card**16.00%

Up to 1% Foreign Transaction fee applies. Find additional fees here
*APR - Annual Percentage Rate. Cards are subject to credit approval. CPM Federal Credit Union reserves the right to change any of the above credit card rates at any time. The APR will vary with the market based on the Prime Rate.
**Visa Share secured loans must be secured by CPM subshare account. The required pledge amount will be $100.00 greater than the Visa limit requested. Minimum required Visa limit of $400.00.
Prime Rate as of 07/28/2023 = WSJ rate is 8.50%
Annual Percentage Rate is accurate as of January 31, 2024

Mortgage

Mortgage Type
First MortgageLearn More
ARM Mortgages Learn More
Manufactured HomesLearn More

APR - Annual Percentage Rate
Federally insured by NCUA. Institution's NMLS Identifier Number: #509298 Rates and terms may vary depending on the type of Mortgage Loan, loan to value and evaluation of your credit. Learn More

HELOC

HELOC OptionTermAPR
(as low as)
Variable Rate10 year draw with 15 year repayment1.99% 6-month introductory rate/as low as Prime - .25%
(Prime = 8.50%)
Fixed Rate5 year draw with a 10 year repayment7.74%

*APR is variable based on the U.S. Prime Rate as published in the Wall Street Journal, plus a margin (if applicable). Discount rate is for the initial 6 months, rate will be adjusted to the qualifying tier rate. Current projected rate after initial discount as low as 8.25% up to 90% LTV. Rates after initial 6 month discount period will be between 8.25% and 13.25% based on applicant’s qualifying credit score, combined loan to value and lien position.  

APR - Annual Percentage Rate. Membership rules and restrictions apply. Terms and conditions subject to change without notice. Offer subject to credit approval, not all borrowers will qualify. Rates depend on LTV, lien position, and credit score. The offer is limited to currently occupied, single-family dwellings and is not valid for rental properties, mobile homes or residential lots. Property insurance is required as a condition of the loan. Closing cost are associated with this loan. To open and maintain a Home Equity Line of Credit, you may have to pay certain fees to third parties.  These fees generally total $750.00- $2000.00. At your request, an itemization of these fees can be provided and are estimated. Prime Rate as of 07/28/2023 = WSJ rate is 8.50%

100% HELOC - Subject to additional underwriting guidelines, minimum 660 credit score based on the Equifax Beacon 5.0 model. Not all properties are eligible, only eligible on primary residence with a maximum loan amount of $250,000. Only eligible with our Prime HELOC product. Mobile Home properties are ineligible.

Rates accurate as of August 30, 2023.

Fees

ItemFeeHow to Avoid
Account Fees
Account Activity Printout/Statement Copy Fee$5.00Sign up for CPM Anytime
Account Closure Fee
(Applies if Main Savings Account is closed within 90 days of opening date)
$10.00
Inactive Account Fee
(Applies if the account has been inactive for 1 year and member only has a savings account)
$5.00 per monthComplete at least one transaction per year.
Account Research/Balancing Assistance$35.00 per hourSign up for CPM Anytime
Bad Address$5.00 per month until updatedSign up for CPM Anytime to update account information
Christmas Club - Early Withdrawal$5.00Open a subshare savings with no fee for withdrawal
Excessive Withdrawal Fee
(3 free withdrawals from Main Savings Account allowed per month)
$3.00 per withdrawalOpen a Checking Account
Non-Sufficient Funds
(NSF, ACH, ATM, Check Card, Internet Bill Pay)
$32 each time an item is returnedApply for a "My Line Anytime" reserve line of credit.
Paper Statement Fee (Free 18 years and under or 55 years and over)$3.00 per statementSign up for eStatements
Overdraft Privilege Fee
(Opt-in required for Paper Notification)
$32 per item(Max of 4 per day. Transactions of $5.00 or less will not incur a fee) $33.00 with paper notificationLearn More
ATM/Debit Fees
Replace ATM card/Debit card$7.00
Out of network ATM inquiry$.50 per inquiryUse CPM Anytime Online Banking or PAL(phone banking) to check your balances.
Out of network ATM withdrawal$2.00 per withdrawalLocate a fee free ATM Here
Branch Fees
Cashier's/Official Check$5.00 (First per day free)
Stop Payment (Draft, ACH, Internet Bill Pay)$32.00 per item
Checking Fees
Check Copies$2.00 per itemSign up for CPM Anytime or eStatements
Checking Plus
Average Daily Balance drops below $200.00 min. balance
$3.00Change account to 
Simple Checking
Essentials Checking
Monthly Maintenance Fee
$6.95
Performance Money Market
Average Daily Balance drops below $1,000 min. balance

$10.00Change account to 
Checking Plus or 
Simple Checking
Performance Money Market - Excessive Withdrawals (over 6 per month)$10.00Change account to 
Checking Plus or 
Simple Checking
Checks - Temporary (Waived if member places order with us on the same day for full box of checks)$5.00 for sheet of 4 checksOrder box of checks
International Check Processing Fee$25 per item
Loans
CARFAX History Report$11.00
Payoff - Signed payoff letter on letterhead for consumer loan.

$15.00System payoff printout is free.
Payment by phone - if processed by Contact Center Agent$21.00Sign up for CPM Anytime and make transfers online or through PAL
Skip-a-Pay fee (per loan)
* Offered Seasonally
$25.00
Miscellaneous
ACH fee per deposit for manually posting deposits due to incorrect routing info$10.00Contact your HR to correct deposit information.
Foreign Checks Deposited and Returned Unpaid (Savings, checking, Loan)$12.00
Gift Card Purchase$3.00
Legal Process (Tax levy, garnishment, etc.)$75.00
Money Orders $1.50 per item
Stale Check locator fee$10.00
Mortgage
Payoff by Third Party$20.00
Mortgage Subordination$250.00
Mortgage Verification (VOD)$20.00
Mortgage Modification Fee$750.00
Online Banking
Soft Token Fee (good for 5-year period)$20
Safe Deposit Boxes:

10 x 10: $85.00

3 x 10: $40.00

3 x 5: $25.00

5 x 10: $55.00

$5 discount for members age 55 and better

Change Lock/New Key -

Locksmith fees

Drill Box -

Locksmith fees
VISA
Card Recovery$50.00
Card Replacement$5.00
Document Copy$2.00 per copy
Payment by phone - if assisted by Card Processor$10.00Sign up for CPM Anytime and make transfers online or through PAL
Payment Late Feeup to $25.00
Payment Return Checkup to $25.00
Share Secured early termination fee$25.00
Wires
Incoming Domestic Wire Transfer$10.00
Incoming Foreign Wire Transfer$15.00
Outgoing Foreign Wire Transfer$40.00
Outgoing Wire Transfer$15.00Sign up for Zelle® through CPM Anytime
(Last Modified: October 23, 2023)

 

Non-Member Fees

The following fees are for Non-Members only:
ATM surcharge for non-members/SEG locations$3/$2Open a Checking Account or a Share account with CPM
Coin Counter Fee (non-members only)10% of cash valueOpen a Share account with CPM
(Last Modified: Jan 03, 2017)

 

Exclusively for our Members:

First Cashier Check Each DayFREE
Notary ServicesFREE
Zelle© (person-to-person) TransfersFREE
Bill Payer ServicesFREE
Credit Counseling ServicesFREE
Infant Account Membership Par Value (for infants up to 6 months)FREE
Member Discounts Services thru lovemycreditunion.comFREE
Coin Counter Services (at applicable locations)FREE
Company Hosted Financial Seminars for our MembersFREE
Over 65,000 Surcharge Free ATMsFREE
eStatementsFREE
Telephone & Online BankingFREE
Budget & Financial Calculators OnlineFREE
Drive-thru Goodies (Lollipops for kids, dog treats for pups)FREE
Unlimited use of the branch teller transactions during business hoursFREE
Quicken Integration with Online BankingFREE

Subject to change without notice. This offer will only apply to our standard image checks and will not include any customization.

(Last Modified: Jan 03, 2017)

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CPM ROUTING NUMBER: 253279536