Current Rates 

Loans | Savings | Certificates   

*Rates based upon applicants credit score.  All applicants may not qualify for the lowest rate. **APR = Annual Percentage Rate.  APR may vary on Visa credit cards ***Annual Percentage rate of 5.50% is available on Home Equity Term loans of $10,500.00 to $100,000.00 with a term up to 144 months and includes a .25% rate reduction for borrowers electing direct deposit into a LorMet checking account for automatic deduction of payment. Annual Percentage rate of 5.74% is available for those who do not elect direct deposit. Start-up fee waived for a limited time only upon loan approval and is subject to change without notice. If you payoff the Home Equity Term loan for any reason within 24 months, a $250.00 penalty will apply. Not available to rental property or homes currently for sale or intended to be sold in six months of closing. ****Rates stated as effective March 18, 2008. Rates and terms are subject to change without notice. This Rate sheet is offered as an invitation for member inquires only.  It is not a contract.  Lending Products “as low as” are based upon tiered credit scores. Applicants may or may not qualify for the lowest rate.  Prime rate is 5.25% as of 03/18/2008. A minimum balance of $2,000.00 must be maintained to avoid a $10.00 monthly fee. While all closing cost are waived, a prepayment penalty of up to $150.00 will be assessed for all lines of credit closed within 2 years from the date of opening. Actual qualifying rates can only be determined after an application has been processed. Not all applicants will qualify for maximum term, restrictions and conditions may apply. Maximum rate is 18% APR.  You may contact LorMet Community Federal Credit Union at (440) 277-8265 for further information.

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Term Share Certificates & I.R.As	Dividend Rate	APY***@	Term
Term Share Certificate-91 Days*	2.230	2.250	91
Term Share Certificate-182 Days*	2.680	2.700	n/a
Term Share Certificate-9 Months*	2.840	2.850	n/a
Term Share Certificate-12 Months*	2.525	2.550	n/a
Term Share Certificate-18 Months*	2.720	2.750	n/a
Term Share Certificate-24 Months*	2.720	2.750	n/a
Term Share Certificate-30 Months*	2.720	2.750	n/a
Individual Retirement Account-Traditional-V-18 Month**	1.420	1.430	18
Individual Retirement Account-Traditional-6 Month*	2.680	2.700	6
Individual Retirement Account-Traditional-18 Months*	2.720	2.750	18
Individual Retirement Account-Traditional-30 Month*	2.720	2.750	30
Individual Retirement Account-Roth-6 Month*	2.680	2.700	6
Individual Retirement Account-Roth-18 Month*	2.720	2.750	18
Individual Retirement Account-Roth-30 Month*	2.720	2.750	30

*The required minimum opening balance is $500. **The required minimum opening balance is $25. ***APY= Annual Percentage Yield.  Rates are accurate as of April 1, 2008.  These rates are subject to change.  @ = A penalty may be charged for early withdrawal.  Please call LorMet Community Federal Credit Union for rate updates.   Go To Calculators| Back to Top

Savings Rates	Dividend Rate	APY*	Term
Regular Shares (Savings)/ Holiday Shares	0.500	0.500	n/a

*APY = Annual Percentage Yield.  This account is a variable rate and the dividend rates and APYs accurate as of April 1, 2008 may change after the account is open. You must maintain a minimum daily balance of $50.00 in your account each day to obtain the disclosed annual percentage yield. The minimum balance required to open this account is $5.00.  Please call LorMet Community Federal Credit Union for rate updates. 

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