Current Rates

Money Market Accounts

Effective April 1, 2015
TierDividend RateAnnual Percentage Yield (APY)
Balance $500,000 & over0.60%0.60%
Balance $300,000 - $499,999.990.50%0.50%
Balance $150,000 - $299,999.990.40%0.40%
Balance $2,500 - $149,999.990.30%0.30%
Balance under $2,5000.00%0.00%

Money market accounts are variable rate accounts and the rates may change. The Annual Percentage Yields (APYs) stated are accurate as of April 1, 2015 . The minimum opening deposit is $2,500. These accounts are limited to six withdrawals per month, then a $10 service fee is charged for each withdrawal in excess of six.

Deposit Accounts

Effective April 1, 2015
AccountDividend RateAnnual Percentage Yield (APY)
Share0.20%0.20%
Legacy Share Draft0.00%0.00%
Preferred Share Draft0.10%0.10%
Christmas Club0.00%0.00%

Share, Legacy Share Draft, Preferred Share Draft, and Christmas Club accounts are variable rate accounts, and the rates may change. The Annual Percentage Yields (APYs) stated are accurate as of April 1, 2015 . There is no minimum balance required to earn the APYs stated. The minimum opening deposit on a Share account is $5.00. The minimum opening deposit on a Share Draft account is $20.00 unless payroll deductions or direct deposits are established. Fees and other conditions could reduce earnings.

Home Equity Rates

Effective April 1, 2015
Type of LoanCurrent RateTerms AvailableMaximum Amount Financed (Purchased)Maximum Amount Financed (Refinance)Other Information
Easy Equity Loan4.00% - 5.00%* fixed36 monthsN/ASee Product Description for detailsPrimary residence in state of Tennessee.
5.00% - 6.00%* fixed60 months
6.00% - 7.00%* fixed84 months
7.00% - 8.00%* fixed120 months
Equity Express Line of Credit4.00% - 5.00%* Variable10 Year Draw PeriodN/ASee Product Description for detailsPrimary residence in state of Tennessee.

*The actual annual percentage rate you will receive will be based upon your credit score. You will be informed of the annual percentage rate for which you qualify before you become contractually liable for the loan account. Restrictions may apply. For complete details on all loan products, please review Product Descriptions or contact your credit union at 800-342-3086, extension 1300.

Share Certificate Accounts

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
3 Months$1,0000.35%
6 Months$1,0000.40%
12 Months$1,0000.50%
12 Months$25,0000.50%
12 Months$50,0000.50%
18 Months$1,0000.70%
24 Months$1,0000.75%
30 Months$1,0000.80%
36 Months$1,0001.00%
60 Months$1,0001.46%
Jumbo$100,000Negotiable rate and term
Jumbo$100,000Negotiable rate and term

Share Certificate Accounts and Individual Retirement Account Share Certificates - Certificate rates are normally established each Wednesday. Fees and/or other conditions may reduce earnings on the account. A penalty may be imposed for early withdrawal. If you have any comments or requests, please email or call 800-342-3086.

Member's Advantage Share Certificate Account

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
15 Month$5,0000.65%

Basic Certificate Account

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
6 Months$5000.40%

Home Savings Certificate Account

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
36 Month Variable$500.70%

Special Savings Certificate Account

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
12 Month Variable$500.45%

Individual Retirement Share Certificate Accounts

Effective April 15, 2015
Certificate TermMinimum DepositAnnual Percentage Yield (APY)
3 Months$1,0000.35%
6 Months$1,0000.40%
12 Months$1,0000.50%
12 Months$25,0000.50%
12 Months$50,0000.50%
18 Months$1,0000.70%
30 Months$1,0000.80%
12 Months Variable$50.95%
Jumbo$100,000Negotiable rate and term

Share Certificate Accounts and Individual Retirement Account Share Certificates - Certificate rates are normally established each Wednesday. Fees and/or other conditions may reduce earnings on the account. A penalty may be imposed for early withdrawal. If you have any comments or requests, please email or call 800-342-3086.

Consumer Loan Rates

Effective July 1, 2013
TYPE OF LOANMAXIMUM TERMAMOUNT AVAILABLEOTHER INFORMATIONCURRENT APR
Autos - New (Current and prior-year model with less than 20,000 miles). Up to 60 Months – Any $ amount 61-72 Months (Minimum amount $15,000) 73-84 Months (Minimum amount $30,000)Amount available is based on a percentage of MSRP or NADA Retail Value, not to exceed the purchase price. Percentage is determined by the credit tier for which the member qualifies. See Notes 2 and 3. At disbursement, rate reduction of 0.25% allowed with election of payroll deduction or automatic transfer. Members with active Freedom Cards are also eligible for an additional .25% rate reduction. Based on an APR of 3.10%, your monthly payment on a $10,000 loan amount and a 60-month term would be $180.22. Based on an APR of 3.60%, your monthly payment on a $15,000 loan amount and a 61-month term would be $269.58. Based on an APR of 3.85%, your monthly payment on a $30,000 loan amount and a 73-month term would be $461.82.3.10%-12.50%† 3.60%-13.00%† 3.85%-13.25%
Autos - Used Auto subject to inspection. Vehicle not to exceed 10 years of age.Up to 60 Months – Any $ amount 61-72 Months (Minimum amount $15,000) 73-84 Months (Minimum amount $30,000) Amount available is based on a percentage of NADA Retail Value, not to exceed the purchase price. Percentage is determined by the credit tier for which the member qualifies.See Notes 2 and 3. At disbursement, rate reduction of 0.25% allowed with election of payroll deduction or automatic transfer. Members with active Freedom Cards are also eligible for an additional .25% rate reduction. Based on an APR of 3.35%, your monthly payment on a $10,000 loan amount and a 60-month term would be $181.34. Based on an APR of 3.85%, your monthly payment on a $15,000 loan amount and a 61-month term would be $271.26. Based on an APR of 4.10%, your monthly payment on a $30,000 loan amount and a 73-month term would be $465.24.3.35%-12.75%† 3.85%-13.25%† 4.10%-13.50%†
Recreation - New To include: motorcycle boat, motor & trailer motor home ATV/dirt bike personal watercraft travel trailer36 Months 48 Months – Under $15,000 60 Months – $15,000 - $20,000 66 Months – $15,000 - $20,000 72 Months – $20,001 - $30,000 84 Months – $30,001 and over Extended terms may be available at management’s discretion and will result in an increased rate.100% of selling price as indicated on bill of sale plus tax, title, license and warranty. HarleyDavidson Motorcycles: 125% of manufacturer’s suggested retail price.See Note 3. Considered new if refinanced from another institution within 12 months of original purchase date. Based on an APR of 4.99%, your monthly payment on a $10,000 loan amount and a 36-month term would be $299.80. Based on an APR of 5.75%, your monthly payment on a $10,000 loan amount and a 48-month term would be $233.80; and your monthly payment on a $15,000 loan amount and a 60-month term would be $288.38. Based on an APR of 6.00%, your monthly payment on a $15,000 loan amount and a 66-month term would be $267.50; your monthly payment on a $20,001 loan amount and a 72-month term would be $331.62; and your monthly payment on a $30,001 loan amount and an 84-month term would be $438.46.4.99% - 14.39%† 5.75% - 15.15%† 5.75% - 15.15%† 6.00% - 15.40%† 6.00% - 15.40%† 6.00% - 15.40%†
Recreation - Used To include: motorcycle boat, motor & trailer motor home ATV/dirt bike personal watercraft travel trailer36 Months 48 Months – Under $15,000 60 Months – $15,000 - $20,000 66 Months – $15,000 - $20,000 72 Months – $20,001 - $30,000 84 Months – $30,001 and over Extended terms may be available at management’s discretion and will result in an increased rate.Purchases: 90% of NADA retail value plus tax, title, license and warranty. Refinances: Up to NADA retail value. If not listed in NADA, then 90% of selling price as indicated on the original Bill of Sale, plus tax, title, license and warranty. For Purchases and Refinances, collateral not to exceed 10 years of age and subject to inspection. Harley Davidson Motorcycles: NADA retailBased on an APR of 5.49%, your monthly payment on a $10,000 loan amount and a 36-month term would be $302.04. Based on an APR of 6.25%, your monthly payment on a $10,000 loan amount and a 48-month term would be $236.10; and your monthly payment on a $15,000 loan amount and a 60-month term would be $291.86. Based on an APR of 6.50%, your monthly payment on a $15,000 loan amount and a 66-month term would be $271.04; your monthly payment on a $20,001 loan amount and a 72-month term would be $336.36; and your monthly payment on a $30,001 loan amount and an 84-month term would be $445.68.5.49% - 14.89%† 6.25% - 15.65%† 6.25% - 15.65%† 6.50% - 15.90%† 6.50% - 15.90%† 6.50% - 15.90%†
Student VisaN/ADetermined by credit worthiness.9.90% fixed
Classic VisaN/ABased on credit score.12.90% - 18.00%†††
Visa GoldN/ABased on credit score.9.50% - 11.90%†††
Visa PlatinumN/ABased on credit score.9.50% fixed
Certificate (Regulations prohibit using IRA certificates as collateral.)One year term. Not to exceed maturity date of certificate.Loan payoff not to exceed certificate face value.Interest rate – rate on certificate or current certificate rate, whichever is higher, plus 2% rounded to the nearest 1/4 of 1%.Depends on certificate. APR disclosed at time of the loan.
Farm Equipment - New48 Months – under $15,000 60 Months - $15,000 - $20,000 72 Months - $20,001 - $30,000 84 Months - $30,001 and over100% of actual selling price as indicated on the Bill of Sale, plus taxes.See Note 1. Based on an APR of 7.25%: Your monthly payment on a $10,000 loan amount and a 48-month term would be $240.72; your monthly payment on a $15,000 loan amount and a 60-month term would be $298.92; your monthly payment on a $20,001 loan amount and a 72-month term would be $343.54; and your monthly payment on a $30,001 loan amount and an 84-month term would be $456.66.7.25% - 16.65%††
Farm Equipment - Used48 Months – under $15,000 60 Months - $15,000 - $20,000 72 Months - $20,001 - $30,000 84 Months - $30,001 and over90% of actual selling price as indicated on the Bill of Sale, plus taxes. Collateral cannot exceed 10 years of age.Based on an APR of 7.75%: Your monthly payment on a $10,000 loan amount and a 48-month term would be $243.06; your monthly payment on a $15,000 loan amount and a 60-month term would be $302.48; your monthly payment on a $20,001 loan amount and a 72-month term would be $348.38; and your monthly payment on a $30,001 loan amount and an 84-month term would be $464.06.7.75% - 17.15%††
Personal Property To include: appliances, personal computer, riding lawnmower, golf cart, satellite dish, piano or other items with a serial number.36 Months – Under $5,000 48 Months – $5,000 & over100% of actual selling price as indicated on Bill of Sale, not including taxes. (Purchases of new personal property only.)Based on an APR of 7.25%: Your monthly payment on a $4,000 loan amount and a 36-month term would be $124.02; and your monthly payment on a $5,000 loan amount and a 48-month term would be $120.36.7.25% - 16.65%††
Signature Loan/ Line-of-CreditN/ABased on credit score.Minimum payment, $25 per month per $1,000 owed.8.85% - 18.00% variable*
Share120 MonthsShares available.2.20% variable**
Occupational Skills Development LoanN/ADetermined by incomeAvailable for qualified technical school programs. Other restrictions apply. Repayment amounts based on $15 per thousand for the first two years of the loan; then increasing to $25 per thousand after two years from the date of origination.10.20% fixed

N/A - Not applicable (does not apply to this loan type)
† Your APR will be based on your credit score and the term of the loan. You will be informed of the APR for which you qualify before you become contractually liable for the account.
†† Your APR will be based on your credit score. You will be informed of the APR for which you qualify before you become contractually liable for the account.
††† Your APR will be based on your credit score. You will be informed of the APR and daily periodic rate for which you qualify before you become contractually liable for the account.

Variable Rates
* The Annual Percentage Rate (APR) for new and existing advances will be the Prime Rate as published by the Wall Street Journal (Index), plus a Margin between 5.6% and 15.0% up to 18% cap. The APR will change on the first day of each month to reflect any change in the Index. The APR will never be greater than 18% or the maximum rate allowed by law, whichever is less. Any increases or decreases in the APR will take the form of more or fewer payments of the same amount until what you owe has been repaid.
** Variable rate will be the share dividend rate paid by Ascend Federal Credit Union for the current month plus the margin, which is 2.00%.

Notes
1. If member finances new farm equipment elsewhere and brings the required information to the credit union within 60 days, the new farm equipment policy will apply.
2. Customized packages on vans and trucks (if dealer or professionally installed): New - 90% of invoice package price; Current - 1 year old - 75% of invoice package price; 2 years old - 65% of invoice package price; 3 years old - 45% of invoice package price.
3. Financing not to exceed purchase price or payoff amount if applicable. Policies subject to change upon regulation change or Board of Directors’ approval.