DEPOSIT ACCOUNT RATES
Deposits Accounts Rates
Checking Accounts
| Type | Daily Balance1 | APY2 |
|---|---|---|
| Rewards | Minimum $1,000 to earn APY | 0.03% |
| High Yield | Balances up to $10,000 to earn APY | 4.00% |
| High Yield | Balances over $10,000 to earn APY | 0.35% |
Rewards Checking: 1Minimum to earn APY, $1,000. 2APY=Annual Percentage Yield. Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.
High Yield Checking: Earn 4.00% 2APY on account balance up to $10,000 and .35% on balance over $10,000 when you are enrolled in Electronic Statements and have 15 debit card transactions per month.
IRA Savings
| Daily Balance | APY1 |
|---|---|
| Minimum $100 to earn APY | 1.75% |
1APY=Annual Percentage Yield. Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.
Lucky Savers Certificate - $25 minimum to open and earn APY
| Term | APY1 |
|---|---|
| 12 month | 3.50% |
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.
Lucky Savers Truth in Savings Disclosure
For more information, please visit www.nycua.org.
1APY=Annual Percentage Yield. Compounded Monthly
Certificates with $500 minimum to open and earn APY
| Term | APY1 |
|---|---|
| 3 Month Plus | 3.00% |
| 6 Month Plus | 3.50% |
| 12 Month Plus | 3.50% |
| 24 Month Plus | 3.50% |
| 36 Month Plus | 3.40% |
| 48 Month Plus | 3.40% |
| 60 Month | 3.40% |
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.
Certificate Truth in Savings Disclosure
1APY=Annual Percentage Yield. Compounded Monthly
Certificates with $25,000 minimum to open and earn APY
| Term | APY1 |
|---|---|
| 3 Month Plus | 3.10% |
| 6 Month Plus | 3.60% |
| 12 Month Plus | 3.60% |
| 24 Month Plus | 3.60% |
| 36 Month Plus | 3.50% |
| 48 Month Plus | 3.50% |
| 60 Month | 3.50% |
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.
Certificate Truth in Savings Disclosure
1APY=Annual Percentage Yield. Compounded Monthly
Certificates with $100,000 minimum to open and earn APY
| Term | APY1 |
|---|---|
| 3 Month Plus | 3.25% |
| 6 Month Plus | 3.75% |
| 12 Month Plus | 3.75% |
| 24 Month Plus | 3.75% |
| 36 Month Plus | 3.60% |
| 48 Month Plus | 3.60% |
| 60 Month | 3.60% |
The APY is fixed for the initial term. At renewal, the APY is variable and may change at this time. Fees may reduce earnings. A penalty will be imposed for early withdrawal.
Certificate Truth in Savings Disclosure
1APY=Annual Percentage Yield. Compounded Monthly
Savings & Goal Savings Account
| Daily Balance | APY1 |
|---|---|
| Minimum $100 to earn APY | 0.05% |
| Round Up Savings | 0.05% |
Round Up Savings Truth in Savings Disclosure
1APY=Annual Percentage Yield. Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.
Money Market Savings
| Daily Balance1 | APY2 |
|---|---|
| $2,500 - $9,999.99 | 0.30% |
| $10,000 - $24,999.99 | 0.40% |
| $25,000 - $49,999.99 | 0.50% |
| $50,000 - $99,999.99 | 0.60% |
| $100,000 and over | 0.75% |
1Minimum to open and earn APY, $2,500.
2APY=Annual Percentage Yield. Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.
LOAN RATES
Loans Rates
Boat/Marine Loan Rates
| Loan Type/Year | APR Rate as low as* |
|---|---|
| Boat (2020- Newer) | 6.75% |
| Boat (2015-2019) | 7.75% |
*Rates quoted “as low as” are subject to change without notice. Additional terms and rates available upon request. Rate determined by credit score, term of loan, and model year of collateral. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. APR = Annual Percentage Rate.
Credit Card Rates
| Card Type | APR for Purchases as low as* |
|---|---|
| Rewards | 13.49 |
| Rewards Elite | 11.99 |
| Classic | 14.40 |
| Secured | 17.00% |
| Business | 13.65 |
| Business Rewards | 12.15 |
*APR rate shown is ‘as low as’. Actual APR is based on your creditworthiness at account opening and will vary with the market based on the Prime Rate. View our disclosures for additional Terms and Conditions including balance transfer and cash advance information.” APR = Annual Percentage Rate.
Personal Loan Rates
| APR Rate as low as* |
|---|
| 6.99% |
*Rates quoted ‘as low as’ are for a 12 month term, with a payment per $1,000 of $86.52. Rates are subject to change without notice. Actual loan rate determined by credit score & term. Personal Loan terms available up to 60 months with an as low as rate of 11.25%, with a payment per $1,000 of $21.87. APR = Annual Percentage Rate
Home Equity Line of Credit (HELOC) Rates
| Loan Type | APR Rate as low as* | Draw Period |
|---|---|---|
| HELOC | 7.00% variable rate1 | 15 years |
| HELOC Choice | 7.50% variable rate1 | 15 years |
*Rates quoted “as low as” are subject to change without notice. Rate determined by credit score, term of loan, and oil/gas lease situation. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. Property taxes and insurance premiums are not included. Property Insurance is required. $15,000 - $150,000 loan amount. No Closing Cost options are available. APR = Annual Percentage Rate.
1The Annual Percentage Rate may vary after the account is opened. The maximum Annual Percentage Rate is 16.00%
Recreational Loan Rates
| Loan Type/Year | APR Rate as low as* |
|---|---|
| ATV/Snowmobile/Dirt Bike/Lawn Tractor/Camper/Motor Home/etc (2023-2026) | 6.75% |
| ATV/Snowmobile/Dirt Bike/Lawn Tractor/Camper/Motor Home/etc (2016-2022) | 8.50% |
*Rates quoted “as low as” are subject to change without notice. Additional terms and rates available upon request. Rate determined by credit score, term of loan, and model year of vehicle. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. APR = Annual Percentage Rate.
Auto/Motorcycle Loan Rates
| Loan Type/Year | APR Rates as low as* |
|---|---|
| Newer Vehicles (2023 - 2026) | 5.00% |
| Used Vehicles (2019 - 2022) | 5.75% |
| Used Vehicles (2015 - 2018) | 8.00% |
*Rates quoted “as low as” are subject to change without notice. Additional terms and rates available upon request. Rate determined by credit score, loan term, vehicle model year and mileage, and loan-to-value. Actual loan term available is determined based on model year and loan amount requirements. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. APR = Annual Percentage Rate
Shopping at the dealership? Apply for your auto loan through our AutoConnection® Program
Payment Saver Loan Rates
| Loan Type/Year | APR Rates as low as* |
|---|---|
| Newer Vehicles (2023 - 2026) | 5.75% |
| Used Vehicles (2021 - 2022) | 6.50% |
*Rates quoted “as low as” are subject to change without notice. Additional terms and rates available upon request. Rate determined by credit score, term of loan, and model year of vehicle. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy.APR = Annual Percentage Rate.
Home Equity Loan Rate
| APR Rate as low as* | Term | Payment per $1,000 |
|---|---|---|
| 5.75% | 60 months | $19.22 at 60 months |
| 6.25% | 120 months | $11.23 at 120 months |
| 6.75% | 180 months | $8.85 at 180 months |
| 7.75% | 240 months | $8.21 at 240 months |
*Rates quoted "as low as" are subject to change without notice. Rate determined by credit score, term of loan, and oil/gas lease situation. All loans subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. $5,000 - $200-000 loan amount. No Closing Cost options are available. APR = Annual Percentage Rate.
Green Energy Loans Rates
Solar Home Equity Loan
| APR Rate as low as* | Term | Payment per $1,000 |
|---|---|---|
| 5.25% | 60 months | $18.99 at 60 months |
| 5.75% | 120 months | $10.98 at 120 months |
| 6.25% | 180 months | $8.57 at 180 months |
| 7.25% | 240 months | $7.90 at 240 months |
Rates quoted “as low as” are subject to change without notice. Rate determined by credit score, term of loan, and model year of vehicle. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. Loan Disbursements are made payable to the Solar Installer/Contractor *Solar Home Equity from $5,000-$200,000 *Unsecured from $5,000-$50,000. APR = Annual Percentage Rate.
Unsecured Solar Home Improvement Signature Loan
| APR Rate as low as* | Term |
|---|---|
| 7.50% | 36 months |
| 8.00% | 48 months |
| 8.25% | 60 months |
| 8.50% | 84 months |
| 9.50% | 120 months |
Rates quoted “as low as” are subject to change without notice. Rate determined by credit score, term of loan, and model year of vehicle. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to Beginnings Credit Union policy. Loan Disbursements are made payable to the Solar Installer/Contractor *Solar Home Equity from $5,000-$200,000 *Unsecured from $5,000-$50,000. APR = Annual Percentage Rate.
BUSINESS DEPOSIT ACCOUNT RATES
Business Deposit Accounts Rates
Business Savings Account Rates
| Daily Balance | Annual Percentage Yield (APY)* |
|---|---|
| Minimum $100 to earn APY | 0.05% |
Business Checking Account Rates
| Type | Daily Balance | Annual Percentage Yield (APY)* |
|---|---|---|
| Business | Minimum $1,000 to earn APY | 0.02% |
| Business Rewards | $1,000 - $24,999.99 | 0.05% |
| Business Rewards | $25,000 - $49,999.99 | 0.08% |
| Business Rewards | $50,000 - $99,999.99 | 0.10% |
| Business Rewards | $100,000 and over | 0.12% |
Business Money Market Savings Rates
| Daily Balance | Annual Percentage Yield (APY)* |
|---|---|
| $2,500 - $9,999.99 | 0.30% |
| $10,000 - $24,999.99 | 0.40% |
| $25,000 - $49,999.99 | 0.50% |
| $50,000 - $99,999.99 | 0.60% |
| $100,000 - $249,999.99 | 0.75% |
| $250,000 and over | 0.75% |
MORTGAGE RATES
Mortgage Rates Rates
Residential Mortgage
| Term | Interest Rate* | APR as low as* | Monthly P&I per $1,000 |
|---|---|---|---|
| 30 Year Fixed | 7.25% | 7.273% | $6.82 |
| 15 Year Fixed | 6.625% | 6.641% | $8.78 |
| 7/1 ARM | 5.875% | 6.965% | $5.92 |
APR based on $100,000 loan amount at 80% loan to value. Disclaimer: Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan. The eligible products are based on the information you have provided. Rates, products, and points vary by county, final loan amount, loan origination, and other factors.
Rate, Payments, and APR may be adjusted based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value, and your credit score. Your final rate and payments may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply.
The annual percentage rate (APR), is the cost of credit over the term of the loan expressed as an annual rate. The APR shown here is based on interest rates and points only and does not take into account other loan-specific finance charges you may be required to pay.
Payments shown may not include amounts for taxes and insurance; the actual payment obligation will be greater.
ARM (Adjustable Rate Mortgage) is an adjustable rate based on the terms of the loan.
Mortgage Rates
Mortgage rates are ever-changing; if you would like to get in touch with a mortgage originator about our rates and loan options, you can click below to contact the mortgage team through our home mortgage center.
HOME MORTGAGE DISCLOSURE ACT NOTICE - The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau's Web site (www.consumerfinance.gov/hmda).
BORROWER COMPLAINTS AND INQUIRIES - Beginnings Credit Union is registered with the New York State Superintendent of Financial Services. You may file complaints and obtain further information about Beginnings Credit Union by contacting the New York State Department of Financial Services Consumer Assistance Unit at 1-800-342-3736 or at www.dfs.ny.gov.