Rates

Effective Date: January, 31 2015
Viewed or Printed: Friday, May 13th, 2016

Savings Rates

Share Savings
Daily Balance Rate APY
$0 - $24.99 0.00% 0.00%
$25 - $2000 0.03% 0.03%
$2000.01 - + 0.01% 0.01%
This account is no longer available for new accounts.

 

Secondary Share Savings
Daily Balance Rate APY
$0 - $24.99 0.00% 0.00%
$25 - $2000 0.01% 0.01%
$2000.01 - + 0.01% 0.01%
*IRA Accounts
Type Rate APY
IRA Share 0.08% 0.08%
Roth IRA - Share Account 0.08% 0.08%
Coverdell Education Savings 0.08% 0.08%
*The start up fee to open an IRA is $10.00 The annual maintenance fee is $10.00. The fee to close the account is $10.00. APR is the Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly). APY (Annual Percentage Yield) is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years. APY is the Annual Percentage Yield. The Annual Percentage Yield (APY) is accurate as of August 11, 2008. Dividends on your savings are calculated daily, paid monthly, and are shown on your quarterly statement. Fees could reduce earnings on the account. Rates may change after the account is opened. For more current rates please contact the credit union.
Other Accounts
Type Rate APY
Money Market Share Account 0.05% 0.05%
Reserve Share Account 0.01% 0.01%
**Share Draft 0.01% 0.01%
APY = Annual Percentage Yield APR = Annual Percentage Rate **The minimum balance required to avoid a service charge is $100.00. If the balance falls below $100.00 any time during the month, a $5.00 service charge will be assessed for that month. Other fees are as follows: • Stop Payment - $20.00 • Overdraft Transfer Fee $5.00 • Nonsufficient Funds (NSF) - $20.00 • Return Check $3.00 • Copy of Cleared Draft - $3.00 • Close Account Fee $20.00 • Extra Statement Copy - $5.00 • Account reconciliation - $20.00 Minimum / $20.00 per hour
Share Certificates
91 Day - $2000.00 minimum  0.05% APY
6 Month  - $2000.00 minimum  0.07% APY
1 Year - $2000.00 minimum  0.10% APY

Loan Rates

Share Certificate Secured***
6 Month - $2000.00 minimum 2% above div. rate increased to nearest 0.50%
91 Day - $2000.00 minimum 2% above div. rate increased to nearest 0.50%
1 Year - $2000.00 minimum 2% above div. rate increased to nearest 0.50%
Vehicle
Type APR Term
Collateralized Loan as low as 2.99% Up to 84 months
Shared Secured 3.50% 120 months
Personal Loan or Co-Maker as low as 8.99% 48 months
Overdraft Protection Loan 12.00%
Minimum Payment – Your minimum payment will never be less than $25.00 a month. ***The Annual Percentage Rate (APR) for Share Certificate Secured Advances will be the rate of the Certificate, rounded up to the nearest half percent, plus the applicable percentage in the “PRESENT APR” column. Certificates offered as security must be renewed until the advance is completely paid. When the certificate is renewed the APR will change to reflect any change in the Certificate rate. The APR will never exceed the rate permitted under Montana State Law. Any increase in the APR will result in more payments of the same amount.
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Membership

Rimrock Credit Union is member-owned. Profits are returned to our members in the form of higher divided rates paid on share accounts and lower rates charges on loans.

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Personal Loans

A Personal Loan can help consolidate high interest debt into one low-cost payment, or provide that extra cash for your personal or home improvement needs.

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AskAuto App

Find the perfect car and perfect loan with the AskAuto app for your smartphone or tablet. AskAuto will help make your car shopping experience easier.

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Online Banking

Online Banking from Rimrock Credit Union is an account management tool that fits your schedule. It's FREE and available 24 hours a day, seven days a week.