Rates & Calculators
GFA Rates
Effective as of: 02/03/2012
| Ask us today about Member Rewards to get lower loan rates and higher deposit rates! |
Interest Rates, APY and APR are subject to change without notice and are accurate as of the effective date. APY is annual percentage yield. APR is annual percentage rate. Variable rates may change after account is opened, and fees may reduce earnings.
For your peace of mind, the National Credit Union Share Insurance Fund (NCUSIF) insures the money you invest at GFA Federal Credit Union up to the maximum amount allowed by law. And regardless of where you live, GFA members also benefit from additional deposit coverage provided by the Massachusetts Share Insurance Corporation (MSIC).
For detailed information, simply click on the product or service name below. For additional rates, call us at 978-632-2542 or stop by any branch.
- Auto and Recreational Vehicle Loans
- Mortgage Loans
- Other Loans
- Calculators
- Checking Accounts
- Savings Accounts
- Cash Management Accounts
- Term Share Certificates
- Individual Retirement Accounts
Checking Accounts
Checking Accounts: We offer three types of checking accounts. Each is available with overdraft protection, as long as you qualify.
| CHECKING ACCT | Minimum Balance to Earn APY | Annual Percentage Yield (APY) | Dividend Rate | Minimum to Open |
1Click here for qualification information
Savings Accounts
Savings accounts pay monthly dividends upon reaching minimal balance thresholds.
Gold Key Club: Members 50 years and older receive a premium rate on share balances of $5,000 or more.
| SAVINGS ACCT | Minimum Balance to Earn | APY | Dividend Rate | Minimum to Open |
1Click here for qualification information
Cash Management Accounts
If you are looking for a higher rate of return, but want to have access to your savings, then you should consider a GFA Cash Management Account.
| Cash Management Account | Minimum Balance to Earn | APY | Dividend Rate | Minimum to Open |
Term Share Certificates
Term Share Certificates earn a higher rate of return on your money. At GFA we work with you to provide the right solution to your financial needs. Below are some of the most commonly requested certificate terms. However if a different term matches your needs, just let us know! Don't forget to check out our limited time specials, too.
Saving for retirement? All fixed term share certificates of 12 Months or longer are also available as a Traditional, Roth, Education or SEP IRA.
| SHARES CERTIFICATES Fixed Rates | Minimum Balance to Earn | APY | Dividend Rate | Minimum to Open |
Substantial penalties for early withdrawal of principal are calculated as 1 or 3 months simple interest on the amount of Principal withdrawn.
# Allows periodic withdrawals without penalty
Individual Retirement Accounts (IRA) Share Certificates
| IRA-SHARE CERTIFICATES Fixed Rates | Minimum Balance to Earn | APY | Dividend Rate | Minimum to Open |
| ROTH/EDUCATIONAL IRA CERTIFICATES | Minimum Balance to Earn | APY | Dividend Rate | Minimum to Open |
* Allows additional deposits
GFA Rates
Effective as of: 02/03/2012
APR = annual percentage rate
*Rates are determined by your personal credit history
AUTO LOANS Monthly or Bi-weekly payments | ||
| TERM | *APR | PAYMENTS / $1,000 |
2010 and older:
Call for additional rates
Discounted rates may apply with Member Rewards
100% financing available
MOTORCYCLE LOANS Monthly or Bi-weekly payments | ||
| TERM | *APR | PAYMENTS / $1,000 |
New Motorcycles 2011-2012
2009-2010 add .50% to above rates - Max term = 60 months
Call for additional rates on older models
Discounted rates may apply with Member Rewards
100% financing available
RECREATIONAL VEHICLES Monthly or Bi-weekly payments | ||
| TERM | *APR | PAYMENTS / $1,000 |
Snowmobiles, ATV's, Motor Homes, Boats New 2011-2012
2009-2010 add .50% to above rates - Max term = 60 months
Call for additional rates on older models
Discounted rates may apply with Member Rewards
100% financing available
Mortgage Loans
Live The Dream. We offer a wide range of mortgage lending options with competitive rates, flexible terms and service that is second to none.
*Homeowners Insurance may be required
*Payment examples do not include taxes and insurance. Your payment may be greater if secured by a first lien.
| REVOLVING LINE OF CREDIT MORTGAGES | |||||
| TERM | RATE | APR | |||
No Closing Costs
1.990% 6 month Promo rate then Prime rate for life with floor rate of 4.000%
Prime rate as published in the Wall Street Journal on the
first business day of each month 3.250% (effective 02/01/2012).
The initial rate may be discounted.
| FIXED RATE EQUITY LOANS | |||
| 80% LTV OR LESS | |||
| TERM | RATE | APR | PAYMENTS / $1,000 |
| FIXED RATE MORTGAGES | ||||
| Bi-Weekly Payments Available | ||||
| TERM | POINTS | RATE | APR | PAYMENTS / $10,000 |
Bi-Weekly Rate Will Be .50% Higher Than Fixed Rate
| ADJUSTABLE RATE MORTGAGES | ||||
| Margin 2.50 | ||||
| TERM | POINTS | RATE | APR | PAYMENTS / $10,000 |
MAX RATE CHANGE 2% CAP 6%
Index .270
* The initial interest rate may reflect a discount or premium
*The APR may increase after consummation.
| 40 YEAR ADJUSTABLE RATE MORTGAGES | ||||
| Margin 2.50 | ||||
| TERM | POINTS | RATE | APR | PAYMENTS / $10,000 |
MAX RATE CHANGE 2% CAP 6%
Index .270
* The initial interest rate may reflect a discount or premium
*The APR may increase after consummation.
| CONSTRUCTION |
All Rates are Subject to Underwriting and Credit Approval
Rates May Change Upon Credit Review
Some restrictions may apply. Annual percentage Rate shown as APR.
All APR's are based on 80% Loan to Value and a loan amount of $100,000.00.
Other Loans
GFA offers a wide variety of consumer loans: including Personal Loans, Recreational Vehicle Loans, Secured Loans, Home Improvement Loans, Computer Loans, Student Loans, Overdraft Protection. To discuss your personal needs and possible solutions, call us at 978-632-2542 or stop by any branch.
| Type | Term | Rate | APR | Payment / $1000.00 |
FOR ADDITIONAL RATES CALL US AT 978-632-2542 OR STOP BY ANY BRANCH
