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APY=Annual Percentage Yield

Dividends on IRA and Share accounts are computed on average daily balances of $25 or more and posted quarterly.  Dividends on checking accounts are computed on average daily balances of $1 or more and posted monthly.

APY=Annual Percentage Yield

Dividends on Money Markey accounts are computed on average daily balances of $1,000 or more and posted monthly. 

APY=Annual Percentage Yield

Dividends on Certificates are computed on average daily balances of $1,000 or more and posted monthly. 

APY=Annual Percentage Rate

** VARIABLE RATE SUBACCOUNTS. The Annual Percentage Rate and the daily periodic rate for variable rate advances is the rate in effect at the time of opening the Loanliner Credit Agreement. The current rate will be shown on the voucher accompanying the advance. The Annual Percentage Rate and the Daily Periodic Rate for 100% Certificate Secured will be based on changes in the INDEX. The INDEX is the dividend rate being paid on the certificate securing the advance. To determine the new Annual Percentage Rate and Daily Periodic Rate, we will add 4.00% to the INDEX. However, in making this calculation, the Annual Percentage Rate never increases above the maximum rate allowed by law nor decreases below 8.00%. Certificates securing these advances must be renewed as long as there is any outstanding balance on any advance. Increases in the Annual Percentage Rate and Daily Periodic Rate will result in more payments of the same amount.

The Annual Percentage Rate (APR) you receive on loans will be based on your credit worthiness.  Please ask us about your qualifying rate.  Unless disclosed otherwise, these rates are associated with Tuscaloosa Teachers Credit Union’s Loanliner® PLUS Open-End Lending Plan.