Rates
Savings Accounts
| Description | Minimum Balance | Dividend Rate | APY |
|---|---|---|---|
| Savings Account | $0.01 | 0.02% | 0.02% |
| Christmas Club | $0.01 | 0.10% | 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 January 15, 2025 and subject to change.
Checking Accounts
| Description | Minimum Balance | Dividend Rate | APY |
|---|---|---|---|
| Essentials Checking* | No minimum balance** | No Dividends Paid | No Dividends Paid |
| Simple Checking | No minimum balance | No Dividends Paid | No Dividends Paid |
| NeXGen CHECKING (Youth Checking ages 14-17) | No minimum balance | No Dividends Paid | No Dividends Paid |
| Checking Plus | $200.00+ | 0.02% | 0.02% |
| Performance Money Market | $200.00 - $2,499.99 | 0.25% | 0.25% |
| $2,500.00 - $24,999.99 | 1.00% | 1.01% | |
| $25,000.00 - $49,999.99 | 1.50% | 1.51% | |
| $50,000.00 - $99,999.99 | 1.55% | 1.56% | |
| $100,000.00 + | 1.80% | 1.81% |
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 April 1, 2025 and subject to change.
Share Certificates
Description Term Dividend Rate APY
1-5 months 1.00% 1.00%
6-11 months 3.35% 3.39%
12-23 months 3.75% 3.80%
24-35 months 3.55% 3.60%
36-47 months 3.35% 3.39%
48-59 months 3.10% 3.14%
60+ months 3.10% 3.14%
Youth and Young Adult Savings Certificates 3 month 1.00% 1.00%
6 month 3.35% 3.39%
12 month 3.75% 3.80%
24 month 3.55% 3.60%
Share Certificates (IRA) 1-5 months 1.00% 1.00%
6-11 months 3.35% 3.39%
12-23 months 3.75% 3.80%
24-35 months 3.55% 3.60%
36-47 months 3.35% 3.39%
48-59 months 3.10% 3.14%
60+ months 3.10% 3.14%
Share IRA 0.40% 0.40%
Kickstart IRA** 12 months 3.75% 3.80%
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 June 18, 2025 and subject to change.
Personal Loans
Term APR (as low as)
Up to 60 months 10.99%
61 - 84 months 12.79%
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 12.99% APR and a payment term of 36 months, your monthly payment will be $169.00 per month.
Annual Percentage Rate is accurate as of July 17, 2024
Vehicle Loan Rates
Type Term APR
(as low as)
New Autos Up to 36 months 4.39%
37 - 60 months 4.89%
61 - 72 months 5.39%
73-84 months 5.89%
Used Autos Up to 36 months 5.19%
37 - 60 months 5.39%
61 - 72 months 5.69%
72 - 84 months**** 6.49%
Secured Loans
(Watercraft, Campers, ATVs, Motorcycles)Up to 36 months
(minimum $5,000)7.49%
37 - 60 months
(minimum $9,000)8.49%
61 - 72 months
(minimum $18,000)9.49%1
Boat Loans, RV, 5th Wheels Up 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 5.39% APR and a payment term of 60 months, your monthly payment will be $286.00. This amount does not include optional vehicle protection coverage. For a $30,000 vehicle loan at 6.49% APR and a payment term of 84 months, your monthly payment will be $446.00. This amount does not include optional vehicle protection coverage.
Annual Percentage Rate is accurate as of March 26, 2025
Other Loan Rates
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.
Type Term APR (as low as)
MyLine Anytime 11.29%
MyCash 12-month term 28%
Overdraft (Discontinued) 16.50%
Secured by Share Account or Certificate Up to 36 months
37-60 months7.99%
8.99%
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 12 months 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
Description APR
MyRewards 14.25% - 17.99%
MyRate 10.99 - 16.99%
MySecured 16.00%
Visa® Classic Card (Discontinued) 16.00%
Visa® Gold Card
with Bonus Points Program (Discontinued)14.50%*
Visa® Platinum Card
with Bonus Points Program (Discontinued)12.50%*
Visa® Firefighter Gold Card (Discontinued) 14.50%*
Up to 1% Foreign Transaction fee applies. Find additional fees here.
*APR - Annual Percentage Rate. Cards are subject to credit approval and rate may vary depending on credit. CPM Federal Credit Union reserves the right to change any of the above credit card rates at any time. The APR will vary based on overall credit and other underwriting criteria. Discontinued products APR will vary and 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 12/20/2024 = WSJ rate is 7.50%
Annual Percentage Rate is accurate as of December 16, 2024
Mortgage
| Mortgage Type | ||
|---|---|---|
| First Mortgage | Learn More |
|
| ARM Mortgages | Learn More | |
| Manufactured Homes | Learn More |
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 Option Term APR
(as low as)
Variable Rate 10 year draw with 15 year repayment 1.99%* 6-month introductory rate/as low as Prime - .25%
(Prime=7.50% Example: 7.25%)
Fixed Rate 5 year draw with a 10 year repayment 7.24%*
*APR- Annual Percentage Rate. Introductory APR is a 6-month introductory rate of 1.99% . After introductory period, the rate would be as low as Prime* - .25%. For example, the Prime Rate is currently 7.50%, which would result in a rate of 7.25%. The Variable Rate is based upon The Wall Street Journal Prime Rate (“Prime”) minus a discount; and can change periodically based on Prime. Rates are for illustrative purposes only and are subject to change without notice. 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 12/20/2024 = WSJ rate is 7.50%
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 June 18, 2025.
10 x 10: $85.00 Change Lock/New Key - Drill Box -Fees
(Last Modified: October 1, 2024)
Item Fee How to Avoid
Account Fees
Account Activity Printout/Statement Copy Fee $5.00 Sign 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 month Complete at least one transaction per year.
Account Research/Balancing Assistance $35.00 per hour Sign up for CPM Anytime
Bad Address $5.00 per month until updated Sign up for CPM Anytime to update account information
Christmas Club - Early Withdrawal $5.00 Open a subshare savings with no fee for withdrawal
Excessive Withdrawal Fee
(3 free withdrawals from Main Savings Account allowed per month)$3.00 per withdrawal Open a Checking Account
Non-Sufficient Funds
(NSF, ACH, ATM, Check Card, Internet Bill Pay)$32 on the first return of a check or ACH
transaction. Subsequent returns are not
charged fees, provided we can reasonably
identify them as subsequent returns. Apply 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 statement Sign 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 notification Learn More
ATM/Debit Fees
Replace ATM card/Debit card $7.00
Out of network ATM inquiry $.50 per inquiry Use CPM Anytime Online Banking or Penny (800.255.1513) to check your balances.
Out of network ATM withdrawal $2.00 per withdrawal Locate 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 item Sign up for CPM Anytime or eStatements
Checking Plus
Average Daily Balance drops below $200.00 min. balance$3.00 Change account to
Simple Checking
Essentials Checking
Monthly Maintenance Fee$6.95
Performance Money Market
Average Daily Balance drops below $1,000 min. balance
$10.00 Change account to
Checking Plus or
Simple Checking
Performance Money Market - Excessive Withdrawals (over 6 per month) $10.00 Change 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 checks Order 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.
$15.00 System payoff printout is free.
Payment by phone - if processed by Contact Center Agent $21.00 Sign up for CPM Anytime and make transfers online or through Penny (800.255.1513).
Skip-a-Pay fee (per loan)
* Offered Seasonally$25.00
Miscellaneous
ACH fee per deposit for manually posting deposits due to incorrect routing info $10.00 Contact your HR to correct deposit information.
Gift Card Purchase $4.00
Money Orders $2.50 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:
3 x 10: $40.00
3 x 5: $25.00
5 x 10: $55.00$5 discount for members age 55 and better
Locksmith fees
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 $10.00 Sign up for CPM Anytime and make transfers online or through Penny (800.255.1513).
Payment Late Fee up to $25.00
Payment Return Check up to $25.00
Share Secured early termination fee $25.00
Wires
Incoming Domestic Wire Transfer $15.00
Incoming Foreign Wire Transfer $15.00
Outgoing Foreign Wire Transfer $40.00
Outgoing Wire Transfer $30.00 Sign up for Zelle® through CPM Anytime
Non-Member Fees
(Last Modified: October 1, 2024)
The following fees are for Non-Members only:
ATM surcharge for non-members/SEG locations $3.50/$2 Open a Checking Account or a Share account with CPM
Coin Counter Fee (non-members only) 10% of cash value Open a Share account with CPM
Subject to change without notice. This offer will only apply to our standard image checks and will not include any customization.Exclusively for our Members:
(Last Modified: Jan 03, 2017)
First Cashier Check Each Day FREE
Notary Services FREE
Zelle© (person-to-person) Transfers FREE
Bill Payer Services FREE
Credit Counseling Services FREE
Infant Account Membership Par Value (for infants up to 6 months) FREE
Member Discounts Services thru lovemycreditunion.com FREE
Coin Counter Services (at applicable locations) FREE
Company Hosted Financial Seminars for our Members FREE
Over 65,000 Surcharge Free ATMs FREE
eStatements FREE
Telephone & Online Banking FREE
Budget & Financial Calculators Online FREE
Drive-thru Goodies (Lollipops for kids, dog treats for pups) FREE
Unlimited use of the branch teller transactions during business hours FREE
Quicken Integration with Online Banking FREE