Rates
Tech CU offers competitive rates on accounts, consumer loans, mortgages and home equity loans and credit lines. Find the most recent rates for our products here.
Featured Rates
EFFECTIVE DATE: 11/23/2022
New Auto Loan Rates
| |
Minimum Loan Amount1 |
APR2 |
Example: Payment per $10003 |
| 12-36 months |
$5,000 |
5.14% - 14.14% |
$34.25 |
| 37-48 months |
$5,000 |
5.24% - 14.24% |
$27.45 |
| 49-66 months |
$5,000 |
5.59% - 14.59% |
$22.13 |
| 67-72 months1 |
$15,000 |
6.09% - 15.09% |
$21.20 |
| 73-84 months1 |
$25,000 |
6.84% - 8.34% |
$15.76 |
Rates are subject to change without notice. Payment samples assume highest interest rate shown on longest term shown; ask for additional payment samples or click here to use our payment calculator. All auto loans require Tech CU membership, credit approval and acceptable collateral. Slightly higher APRs apply to refinances of existing Tech CU vehicle loans, private party sales and other loans where Tech CU handles vehicle title work. We offer many auto loan options; ask us for details.
Vehicle Loan Terms:
Financing available on purchases of new vehicles up to one model year old and less than 10,000 miles.
1Maximum loan amount based on approved credit. New (current model year) vehicles: Up to 125% of Purchase Price, including tax, license, dealer preparation, documentary fees, and Mechanical Breakdown Insurance or Extended Warranty Insurance.
2APR = Annual Percentage Rate. Interest Rate will vary based on approved credit and loan to value. Slightly higher APRs apply to refinances of existing Tech CU loans, private party sales and other loans where Tech CU handles vehicle title work.
3Payment per $1,000 is based on the highest interest rate with the maximum term.
Term subject to credit approval.
All loans require Tech CU membership, credit approval and you must meet security requirements.
|
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EFFECTIVE DATE: 11/23/2022
Used Auto Rates
| |
Minimum Loan Amount1 |
APR2 |
Example: Payment per $10003 |
| 12-36 months |
$5,000 |
5.39% - 14.64% |
$34.49 |
| 37-48 months |
$5,000 |
5.49% - 14.74% |
$27.70 |
| 49-66 months |
$5,000 |
5.84% - 15.09% |
$22.39 |
| 67-72 months1 |
$15,000 |
6.34% - 15.59% |
$21.47 |
| 73-84 months1 |
$25,000 |
7.09% - 8.59% |
$15.89 |
Rates are subject to change without notice. Payment samples assume highest interest rate shown on longest term shown; ask for additional payment samples or click here to use our payment calculator. All auto loans require Tech CU membership, credit approval and acceptable collateral. Slightly higher APRs apply to refinances of existing Tech CU vehicle loans, private party sales and other loans where Tech CU handles vehicle title work. We offer many auto loan options; ask us for details.
Vehicle Loan Terms:
$15,000 minimum loan amount for 67-72 month financing. $25,000 minimum loan amount for 73-84 month financing on 4 model years or newer with less than 60,000 miles.
1Maximum loan amount based on approved credit. Financing available on used vehicles (including fleet returned vehicles), excluding salvaged vehicles. Used Vehicles 7 years old or less and 100,000 miles or less: up to 125% of Kelley Blue Book Wholesale Value. Used Vehicles over 7 years old or more than 100,000 miles: 90% of Kelley Blue Book Retail Value. Including tax, license, dealer preparation, documentary fees, and Mechanical Breakdown Insurance or Extended Warranty Insurance.
2Interest Rate will vary based on approved credit and term. Slightly higher APRs apply to refinances of existing Tech CU loans, private party sales and other loans where Tech CU handles vehicle title work.
3Payment per $1,000 is based on the highest interest rate with the maximum term.
All loans require Tech CU membership, credit approval and you must meet security requirements.
|
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Mortgage Rates
View Rates Learn More or Apply Now Find a Mortgage Consultant
EFFECTIVE DATE: 1/4/2023
Home Equity Line of Credit
| Available Credit Limits |
Maximum LTV 1 |
Annual Percentage Rate2 |
| $500,001 – $750,000 |
60% |
8.00% |
| $250,001 – $500,000 |
70% |
8.00% |
| $10,000 – $250,000 |
70% |
7.50% |
Loans available for California 1-4-unit primary residences only. Final combined loan to value may vary based on type of property. Rates as of . Rates and terms are subject to change without
notice. Additional terms and conditions may apply. Lifetime Maximum APR is 18% and minimum of 2.99%.
1Maximum loan amount and loan to value (LTV) calculated as a percentage of appraisal minus the first mortgage. Approved loan amount may be less than maximum loan-to-value ratio shown depending on property type, credit history
or other factors. Call (408) 451-9111 or (800) 553-0880 for details.
2Current Annual Percentage Rate (APR) determined by the Wall Street Journal Prime rate plus a margin.
No fees are required to establish the line, but if you pay off and close your Equity Line of Credit within three (3) years, a $500 - $1,500 early closure fee will apply.
All loans require Tech CU membership, credit approval, and you must meet security requirements.
|
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Home Equity Loan
| Term In Months |
Maximum LTV1 |
Amount |
Annual
Percentage Rate |
Example Payment
per $10002 |
Occupancy |
| 12-180 |
70% |
$25,000 - $250,000 |
7.750% |
$9.42 |
Owner Occupied |
| 181-240 |
70% |
$25,000 - $250,000 |
8.375% |
$8.61 |
Owner Occupied |
| 12-180 |
60% |
$25,000 - $150,000 |
8.250% |
$9.71 |
Non-Owner |
| 181-240 |
60% |
$25,000 - $150,000 |
8.875% |
$8.92 |
Non-Owner |
For advertisement only. Rates and terms subject to change without notice. Additional conditions and restrictions may apply.
1Maximum loan amount and loan to value (LTV) calculated as a percentage of appraisal minus the first mortgage. Approved loan amount may be less than maximum loan-to-value ratio shown depending on property type, credit history or other factors.
2Payment per $1,000 is based on the highest interest rate with the maximum term.
We absorb all costs associated with establishing your loan, which generally total funding between $140 and $2,000 depending on the loan amount. If your loan amount is over $200,000 and you pay off the balance and close the account in the first year of funding your loan, you will pay a $750 Early Closure Fee.
|
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This information is part of our Truth in Savings Disclosure. Please refer to your Consumer Membership Agreement for additional account information.
Savings
Membership Share Savings Accounts (effective date: 7/1/2020)
- $25.00 minimum balance to open, maintain account and earn dividends.
Membership Share Savings Accounts
| Balance Tiers |
Dividend Rate |
APY |
| $25.00-$2,499.99 |
0.200% |
0.20% |
| $2,500.00 and above |
0.200% |
0.20% |
Money Market Plus Accounts
- TIERED EARNINGS
- $0.00 minimum balance to open account and $2,500.00 to earn dividends. $0.01 minimum balance to maintain account.
- For balances of $50,000 and up, receive a rate boost of 0.10% with a Tech CU Checking Account and direct deposit of a minimum net pay of $100. If you have a private banking relationship with us, we will automatically waive the direct deposit criteria beginning January 2, 2018 (minimum balance requirement of $50,000 still applies).
Money Market Plus Account Rates
| Balance Tiers |
Dividend Rate |
APY |
Effective Date |
| $0.01 to $2,499.99 |
0.000% |
0.00% |
1/1/2001 |
| $2,500.00 to $24,999.99 |
0.499% |
0.50% |
9/1/2022 |
| $25,000.00 to $49,999.99 |
0.847% |
0.85% |
10/1/2022 |
| $50,000.00 to $99,999.99* |
0.995% |
1.00% |
10/1/2022 |
| $100,000.00 to $149,999.99* |
1.243% |
1.25% |
10/1/2022 |
| $150,000.00 to $299,999.99* |
1.490% |
1.50% |
10/1/2022 |
| $300,000.00 to $499,999.99* |
1.490% |
1.50% |
10/1/2022 |
| $500,000.00 to $999,999.99* |
1.588% |
1.60% |
10/1/2022 |
| $1,000,000.00 and above* |
1.785% |
1.80% |
10/1/2022 |
Health Savings Accounts (effective date: 7/1/2020)
- $0.00 minimum balance to open account. $0.01 minimum balance to maintain account and earn dividends.
(Note: if the balance is $2,500.01 or higher, the first $2,500.00 in the account will earn the rate for balances up to $2,500.00 and the balance over $2,500.00 will earn the rate for balances over $2,500.00.)
Health Savings Accounts
| Balance Tiers |
Dividend Rate |
APY |
| $0.01-$2,500.00 |
0.399% |
0.40% |
| $2,500.01 and above |
0.499% |
0.50% |
Insured Investment Accounts*
- TIERED EARNINGS
- $0.00 minimum balance to open account and $2,500.00 to earn dividends. $0.01 minimum balance to maintain account.
* This product is no longer offered.
Insured Investment Account Rates
| Balance Tiers |
Dividend Rate |
APY |
Effective Date |
| $0.01-$2,499.99 |
0.00% |
0.00% |
1/1/2001 |
| $2,500.00-$24,999.99 |
0.399% |
0.40% |
9/1/2022 |
| $25,000.00-$49,999.99 |
0.479% |
0.48% |
9/1/2022 |
| $50,000.00-$99,999.99 |
0.598% |
0.60% |
9/1/2022 |
| $100,000.00-$149,999.99 |
0.598% |
0.60% |
9/1/2022 |
| $150,000.00 and above |
0.628% |
0.63% |
9/1/2022 |
Checking
Checking (Share Draft) Accounts
- $0.00 minimum balance to open account.
- $0.01 minimum balance to maintain account.
- $1,500 minimum balance to earn dividends on Interest Checking
Checking (Share Draft) Accounts
| Account Types |
Dividend Rate |
APY |
| Basic Checking |
N/A |
N/A |
Interest Checking
$0.01-$1,1499.99 |
0.000% |
0.00% |
Interest Checking
$1,500 and above |
0.100% |
0.10% |
Certificates
Flextime Certificates and IRA Certificates
- $1,000.00 minimum balance to open a Flextime or IRA Certificate.
- Annual Percentage Yield is accurate as of 2/1/2023 and may change at any time. APY is available to Tech CU members who deposit and maintain a minimum of $1000 of "new to Tech CU" money into a new Certificate account, meaning the total deposit must come from a source external to Tech CU. No maximum deposit applies. Penalties will be imposed for early withdrawals. See Tech CU's Truth in Savings Account Disclosure for more details.
Flextime Certificates and IRA Certificates Rates
| Terms |
Dividend Rate |
APY |
Effective Date |
| 14 - 29 days |
N/A |
N/A |
N/A |
| 1 month |
N/A |
N/A |
N/A |
| 2 months |
N/A |
N/A |
N/A |
| 3 months |
0.996% |
1.00% |
11/1/2022 |
| 6 months |
3.961% |
4.00% |
12/1/2022 |
| 9 months |
4.124% |
4.15% |
12/1/2022 |
| 12 months |
2.967% |
3.00% |
11/1/2022 |
| 15 months |
4.571% |
4.65% |
2/1/2023 |
| 18 months |
3.211% |
3.25% |
11/1/2022 |
| 18 month Raise My Rate* |
3.211% |
3.25% |
11/1/2022 |
| 24 months |
3.211% |
3.25% |
11/1/2022 |
| 24 month Raise My Rate* |
3.211% |
3.25% |
11/1/2022 |
| 36 months |
3.211% |
3.25% |
11/1/2022 |
| 48 months |
3.211% |
3.25% |
11/1/2022 |
| 60 months |
3.601% |
3.65% |
11/1/2022 |
Jumbo Flextime Certificates and Jumbo IRA Certificates
- $95,000.00 minimum balance to open a Jumbo Flextime or Jumbo IRA Certificate.
Jumbo Flextime Certificates and Jumbo IRA Certificates Rates
| Terms |
Dividend Rate |
APY |
Effective Date |
| 14 - 29 days |
0.300% |
0.30% |
8/24/2022 |
| 1 month |
0.349% |
0.35% |
8/24/2022 |
| 2 months |
0.449% |
0.45% |
8/24/2022 |
| 3 months |
0.996% |
1.00% |
11/1/2022 |
| 6 months |
3.961% |
4.00% |
12/1/2022 |
| 9 months |
4.124% |
4.15% |
12/1/2022 |
| 12 months |
2.967% |
3.00% |
11/1/2022 |
| 18 months |
3.211% |
3.25% |
11/1/2022 |
| 18 month Raise My Rate* |
3.211% |
3.25% |
11/1/2022 |
| 24 months |
3.211% |
3.25% |
11/1/2022 |
| 24 month Raise My Rate* |
3.211% |
3.25% |
11/1/2022 |
| 36 months |
3.211% |
3.25% |
11/1/2022 |
| 48 months |
3.211% |
3.25% |
11/1/2022 |
| 60 months |
3.601% |
3.65% |
11/1/2022 |
Individual Retirement Accounts
(effective date: 7/1/2020)
- $25.00 minimum balance to open account. $0.01 minimum balance to maintain account and earn dividends.
Individual Retirement Account Rates
| Dividend Rate |
APY |
| 0.200% |
0.20% |
*Product not available for IRA Certificates.
GENERAL INFORMATION: APY means annual percentage yield. Unless otherwise noted, (a) accounts have variable rates, meaning that the rate can change at any time at the discretion of the Tech CU Board of Directors after the account is opened; and (b) rates are accurate as of the most recent dividend declaration date and subject to change. Certificate rates are accurate as of the effective date of this disclosure and are subject to change at any time. Call (408) 451-9111 or (800) 553-0880 for current rates. Fees may reduce earnings on all account types that earn dividends. When a Certificate is opened, the rate is fixed for the term of the Certificate. Early withdrawal penalties apply to Certificates. Early IRA withdrawals may be subject to tax penalty. Ask a Tech CU representative for information about federal insurance on accounts with balances in excess of $250,000.00.
Technology Credit Union accounts are federally insured to at least $250,000.00 by the National Credit Union Administration, a U.S. Government agency.