Current Rates for Loans, Mortgages and Deposits

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Deposit Rates

Personal & Business Savings Accounts
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield

1.00%
$25
1.00%
1.00%
$5
1.00%
1.00%
$25
1.00%
0.50%
$25 up to $999.99
0.50%
1.24%
$1,000 up to $9,999.99
1.25%
1.49%
$10,000 up to 49,999.99
1.50%
2.47%
$50,000 and greater
2.50%
1.00%
$25 up to $9,999
1.00%
1.29%
$10,000 up to 49,999.99
1.30%
1.78%
$50,000 and greater
1.80%
0.50%
$25 up to $999.99
0.50%
3.93%
$1,000 up to $9,999.99
4.00%
3.93%
$10,000 up to 49,999.99
4.00%
3.93%
$50,000 and greater
4.00%
2.47%
$10,000 and up
2.50%
       

Personal Checking Accounts
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
1.24%
$25
1.25%
0.00%
$25
0.00%
0.00%
$25
0.00%
0.00%
$25
0.00%
0.00%
$25
0.00%

Big Picture Money Market Checking9
.50%
$25 - 999.99
.50%
1.24%
$1,000 - 9,999.99
1.25%
2.47%
$10,000 - 49,999.99
2.50%
3.93%
$50,000 and greater
4.00%
 
Important Checking And Saving Account Notes:
  1. These accounts require a $25 minimum balance to open.
  2. Club Accounts require a $5 minimum balance to open.
  3. Money Market Accounts require a $1,000 minimum balance to open and if the daily balance falls below $500 (checking version only) there is a $5 service charge.
  4. For Premium Investment Savings Accounts (statement version only), if the daily balance falls below $10,000 there is a $20 service charge.
  5. For N.O.W. Accounts, if the daily balance falls below $500 there is a $5 service charge.
  6. Investment Checking Accounts require a $2,500 minimum balance to open and if the daily balance falls below $2,500 there is a $10 service charge.
  7. Big Picture Account - Requires a minimum daily balance of $5,000 in total deposits or $25,000 in combined deposits and loans to avoid the service charge of $20 per monthly statement cycle.
  8. A Big Picture Checking Account is required. The minimum balance to open a Big Picture Savings Account is $10,000. If balance falls below $10,000 the regular savings rate will apply.
  9. A Big Picture Checking Account is required.
(Also see Important Deposit Rate Notes below)
       
Business Checking Accounts
Please visit any branch to open any of these accounts.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily
Balance Required
Annual Percentage Yield
Business Basic Checking1,2
0.00%
$25
0.00%
Business Basic Plus1,3
0.25%
$7,500
0.25%
Commercial Checking1,4,6
0.00%
$25
0.00%
Business Relationship Checking 1,5
0.00%
$25
0.00%
Business Money Market Checking7
3.93%
$1,000
4.00%
 

Important Business Checking Account Notes:

  1. These accounts require a $25 minimum balance to open.
  2. The first 100 combined transactions in any monthly statement cycle are at no cost. There is a transaction fee for each transaction after the first 100. Transactions include deposits, per item deposited, and checks paid.
  3. The first 200 combined transactions in any monthly statement cycle are at no cost. There is a transaction fee for each transaction after the first 200. Transactions include deposits, per item deposited, and checks paid.
  4. Transaction charges apply for each deposit made, each item deposited, and each check paid from this account.
  5. There is no minimum daily balance requirement in the checking account, but the required aggregate balances of all related of all related deposit accounts is $25,000, in order to avoid both the monthly service charge and the transactions charges explained below. The first 200 combined transactions in any monthly statement cycle are at no cost. There is a transaction fee for each transaction after the first 200. Transactions include deposits, per item deposited, and checks paid.
  6. Earns Credit Allowance. Earnings Credit allowance is the 90-day T-Bill rate as set on the first Tuesday of each month for that month. The Earnings Credit is applied against the average collected daily balance minus 10% reserve. Excess earnings credits are not carried over to the next month. Please review the Business Deposit Agreement and Disclosure for complete details.
  7. Minimum daily balance required for this rate includes the following tiers; $1,000-$9,999.99; $10,000-$49,999.99; or $50,000+. Current rate for balances of $25-$999.99 is .50% APY. Rates are subject to change without notice. Requires a $1,000 minimum balance to open and there is a $5 monthly service charge if the minimum daily balance falls below $500. Certain limits apply to the number of monthly withdrawal/transfer transactions on this account and a fee will be charged for each excessive transaction. Fees could reduce earnings. Workers’ Credit Union membership required.
(Also see Important Deposit Rate Notes below)
       

(See Important Deposit Rate Notes below)
Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
Certificates Tier 1 ($500-$9,999)

3-Month (simple interest at maturity)
3.50%
$500- $9,999
3.50%

6-Month (simple interest at maturity)
4.55%
$500- $9,999
4.55%

7-Month
5.02%
$500- $9,999
5.15%

1-Year
4.50%
$500- $9,999
4.60%

18-Month
4.55%
$500-$9,999
4.65%

2-Year
4.55%
$500- $9,999
4.65%

3-Year
4.55%
$500- $9,999
4.65%

4-Year
4.55%
$500- $9,999
4.65%

5-Year
4.69%
$500 - $9,999
4.80%
(See Important Deposit Rate Notes below)
Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
Certificates Tier 2 ($10,000-$49,999)

3-Month (simple interest at maturity)
3.60%
$10,000-$49,999
3.60%

6-Month (simple interest at maturity)
4.65%
$10,000-$49,999
4.65%

7-Month
5.06%
$10,000-$49,999
5.20%

1-Year
4.59%
$10,000-$49,999
4.70%

18-Month
4.65%
$10,000-$49,999
4.75%

2-Year
4.65%
$10,000-$49,999
4.75%

3-Year
4.64%
$10,000-$49,999
4.75%

4-Year
4.64%
$10,000-$49,999
4.75%

5-Year
4.79%
$10,000-$49,999
4.90%
(See Important Deposit Rate Notes below)
Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
Certificates Tier 3 ($50,000 and greater)

3-Month (simple interest at maturity)
3.70%
$50,000 and greater
3.70%

6-Month (simple interest at maturity)
4.75%
$50,000 and greater
4.75%

7-Month
5.12%
$50,000 and greater
5.25%

1-Year
4.69%
$50,000 and greater
4.80%

18-Month
4.74%
$50,000 and greater
4.85%

2-Year
4.74%
$50,000 and greater
4.85%

3-Year
4.74%
$50,000 and greater
4.85%

4-Year
4.74%
$50,000 and greater
4.85%

5-Year
4.88%
$50,000 and greater
5.00%
(See Important Deposit Rate Notes below)
IRA Savings & Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
1.00%
$25
1.00%
IRA Certificates Tier 1 ($1,000 - $9,999)

6-Month (simple interest at maturity)
4.55%
$1,000-$9,999
4.55%

7-Month
5.02%
$1,000-$9,999
5.15%

1-Year
4.50%
$1,000-$9,999
4.60%

18-Month
4.55%
$1,000-$9,999
4.65%

2-Year
4.55%
$1,000-$9,999
4.65%

3-Year
4.55%
$1,000-$9,999
4.65%

4-Year
4.55%
$1,000-$9,999
4.65%

5-Year
4.69%
$1,000-$9,999
4.80%
(See Important Deposit Rate Notes below)
IRA Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
IRA Certificates Tier 2 ($10,000-$49,999)

6-Month (simple interest at maturity)
4.65%
$10,000-$49,999
4.65%

7-Month
5.06%
$10,000-$49,999
5.20%

1-Year
4.59%
$10,000-$49,999
4.70%

18-Month
4.65%
$10,000-$49,999
4.75%

2-Year
4.65%
$10,000-$49,999
4.75%

3-Year
4.64%
$10,000-$49,999
4.75%

4-Year
4.64%
$10,000-$49,999
4.75%

5-Year
4.79%
$10,000-$49,999
4.90%
(See Important Deposit Rate Notes below)
IRA Certificates of Deposit
Click on any account name to open that account online.
Try using our our Savings Calculators.
Dividend
Rate
Minimum Daily Balance Required To Earn Interest
Annual Percentage Yield
IRA Certificates Tier 3 ($50,000 and greater)

6-Month (simple interest at maturity)
4.75%
$50,000 and greater
4.75%

7-Month
5.12%
$50,000 and greater
5.25%

1-Year
4.69%
$50,000 and greater
4.80%

18-Month
4.74%
$50,000 and greater
4.85%

2-Year
4.74%
$50,000 and greater
4.85%

3-Year
4.74%
$50,000 and greater
4.85%

4-Year
4.74%
$50,000 and greater
4.85%

5-Year
4.88%
$50,000 and greater
5.00%
 

Important Deposit Rate Notes:

  • All rates are subject to change without notice.
  • Interest compounded daily and paid monthly unless otherwise noted.
  • Fees could reduce the earnings on account.
  • Substantial penalty for early withdrawal.
  • APY assumes interest remains on deposit and a withdrawal will reduce earnings.
  • Workers' Credit Union membership required.
  • Certificates of deposit require a minimum opening balance of $500 and IRA Certificates require a minimum opening balance of $1,000, unless otherwise noted.


Loan Rates
Installment Loans
Click on the loan type to apply online.
Try our Loan Calculators & Auto Loan Calculators.
Annual Percentage Rate
Monthly Payment Per $1,000 Borrowed
Amount          Based On
New Auto Loan ** (2007 & 2006 - 100% financing available) over $5,000

36 Months
as low as 5.99%
$30.42
36 Months

48 Months
as low as 5.99%
$23.48
48 Months

60 Months
as low as 6.49%
$19.56
60 Months

72 Months
as low as 7.24%
$17.16
72 Months

84 Months
as low as 8.24%
$15.71
84 Months
Used Auto Loan ** (100% financing available) over $5,000
36 Months
as low as 5.99%
$30.42
36 Months
48 Month
as low as 5.99%
$23.48
48 Month
60 Months
as low as 6.49%
$19.56
60 Months
72 Months
as low as 7.24%
$17.16
72 Months
Motorcycle Loan ** New & Used (100% financing available)
as low as 9.49%
$21.00
60 Months
Recreational Vehicle Loan ** (5% Down payment)
       48 Months
as low as 8.49%
$24.64
48 Months
       84 Months
as low as 8.99%
$16.08
84 Months
       180 Months
as low as 9.50%
$10.44
180 Months
Jet Ski & Snowmobile Loans ** (5% Down payment) Up to 60 Months
as low as 10.00%
$21.25
60 Months
       20 Years Up to $125,000
as low as 8.50%
$8.68
20 Years
Home Improvement Loans ** Up to $15,000(Other terms and rates available)
as low as 9.75%
$13.08
120 Months
Home Improvement Loans ** Up to $50,000(Other terms and rates available)
as low as 10.25%
$9.82
240 Months
Personal Loan ** Up to 72 Months
as low as 14.50%
$20.87
72 Months
Passbook & Certificate Loans
2.50% over Savings/CD Dividend Rate
Checking Account Line of Credit 13.24% APR (Prime plus 4.99%)
Stock Secured Loan
as low as 8.50%
$24.77
48 Months
**All above rates represent the lowest possible rates currently offered. These rates include 1/2% discount applicable when a member has electronic loan payments. Workers' Credit Union membership required.
Subject to our normal credit requirements.
Home Equity Lines of Credit Rates
Home Equity Lines of Credit
Click on the loan type to apply online.
Try our Loan Calculators
 Annual Percentage Rate
5.69% APR* (through 12/31/2007)
(Prime -.50% After 12/31/ 2007)
* An introductory rate of 5.69% (periodic rate 0.01559%) through December 31, 2007 thereafter, the Annual Percentage Rate (APR) on a Workers’ Credit Union Home Equity Line of Credit is VARIABLE monthly and is set on the first business day of each month at .50% below the Prime Rate published in the Wall Street Journal on the last business day of the previous month (the current APR would be 7.75% - periodic rate = 0.02123%). 10 year draw, 10 year repayment. Maximum 80% loan to value ratio. Maximum rate is 18%. Minimum rate is 4%. Minimum Line amount is $10,000. Annual fee of $30.00 will be waived if borrower has monthly payment automatically withdrawn from a Workers’ Credit Union checking account. Offer applies only to new lines only on owner-occupied primary residence. Homeowners insurance required. $350 early termination fee will be charged if discharged in the first two years. Offer may be withdrawn without notice. Workers' Credit Union membership required. Subject to our normal credit requirements.

8.00% APR* (Prime -1/4% For Life)

* The Annual Percentage Rate (APR) on a Workers’ Credit Union Home Equity Line of Credit is VARIABLE monthly and is set on the first business day of each month at 1/4% below the Prime Rate published in the Wall Street Journal on the last business day of the previous month (the current APR is 8.00% - periodic rate = 0.021918%). 10 year draw, 10 year repayment. Maximum 80% loan to value ratio. Maximum rate 18%. Offer applies only to new lines on owner-occupied primary residence. Homeowners insurance required. $350 early termination fee will be charged if discharged in the first two years. Offer may be withdrawn without notice. Minimum Line amount is $10,000. Workers' Credit Union membership required. Subject to our normal credit requirements.
Home Equity Loan Rates
Home Equity Fixed Rate Loans
Click on the loan type to apply online.
Try our Loan Calculators
Annual
Percentage Rate

Monthly Payment Per $1,000 Amount                  Based On

   
      5 years or less, $10,000 Minimum*
5.95%
$19.31
5 Years
     6 to 10 years, $10,000 Minimum*

6.49%
$11.35
10 Years
     11 to 15 years, $10,000 Minimum*
6.74%
$ 8.84
15 Years
     16 to 20 years, $10,000 Minimum*
6.99%
$ 7.75
20 Years
* Annual Percentage Rate (APR) includes a 0.5% discount for automatic electronic loan payments from any Workers' Credit Union Checking Account. Rates subject to change without notice. Maximum 80% loan to value ratio. Offer applies only to new loans only on owner-occupied primary residence. Homeowners insurance required. Offer may be withdrawn without notice. Workers' Credit Union membership required. Subject to our normal credit requirements.
For Home Equity Lines or Loans greater than 80% Combined Loan To Value (LTV) and up to 95%
Combined Loan To Value, please contact the Credit Union for further details.
 
Visa Credit Card

Workers’ offers a variety of credit card options for your personal use. Our programs are tailored to fit many different financial situations. We have card options available for students, rewards cards, travel cards and more Click here to learn more about our credit card options.

Apply Online

 

Mortgage Rates
To Apply For Any Mortgage Just Click on the Mortgage Type.
Try using our handy Mortgage Calculators.
Term
Rate
Points
Annual Percentage Rate
Monthly Payment
Per $1,000 Borrowed*
Conventional Fixed Rate    Up to 95% LTV (SF) 1-4 Family
40 Years
7.250%
0
7.324%
$6.40
25 - 30 Years
6.125%
2
6.370%
$6.08
6.375%
1
6.525%
$6.24
6.625%
0
6.680%
$6.40
20 Years
6.125%
2
6.454%
$7.24
6.375%
1
6.580%
$7.38
6.625%
0
6.701%
$7.53
10 - 15 Years
5.750%
2
6.153%
$8.30
6.000%
1
6.245%
$8.44
6.250%
0
6.338%
$8.57

My Community 97
97% LTV 1-2 Unit
30 Years
6.750%
0
7.335%
$7.21
My Community 100
100% LTV 1 Unit
30 Years
6.750%
0
7.279%
$6.49

My Community
95% LTV 3-4 Unit
30 Years
6.875%
0
7.302%
$6.57
 
 
Adjustable Rate (ARMs)*    Up to 95% LTV (SF) 1-2 Family
1 Year ARM:
10 - 30 Years
5.250%
0
7.499%
$5.52
3 / 1 ARM:
10 - 30 Years
5.750%
0
7.217%
$5.84
3 / 3 ARM:
10 - 30 Years
6.375%
0
7.128%
$6.24
5 / 1 Convertible:
10 - 30 Years
5.875%
0
7.000%
$5.92

5 / 1 Interest Only:
10 - 30 Years
5.875%
0
7.014%
$4.90
* ARM Rates may increase after closing at applicable adjustment term.
 
40 Years
7.750%
No Closing Costs
7.750%

$6.77
30 Years
7.125%
No Closing Costs
7.125%
$6.74
20 Years

7.125%
No Closing Costs

7.125%
$7.83
10- 15 Years
6.750%
No Closing Costs
6.750%
$8.85
 
         
25- 30 Years
7.250%
0
7.297%
$6.82
20 Years

7.250%
0
7.311%
$7.90
10- 15 Years
6.875%
0
6.950%
$8.92
 
         
First Time HomeBuyer Programs

Mass Advantage
97% LTV
 30 Year Fixed
6.500%
0
7.203%
$6.32
Mass Advantage 100
100% Financing (97% 1st & 3% 2nd)
30 Year Fixed
6.625%
0
7.426%
$6.40
1st Time Home Buyer
3 / 1 ARM:
10 - 30 Years
6.875%
No Closing Costs
7.947%
$6.57
Other Special Programs
95 / 5 Program
Fannie 97% Program
Construction to Permanent Mortgage Program: One closing with same rates & points as Fixed Rate and Adjustable Rate programs. (Certain Restrictions Apply)
1-4 Family Non Owner Occupied Programs: 80% LTV for purchase or no cash out refinance.
     

Important Mortgage Notes:

  • All rates are subject to change without notice.
  • Conforming Fixed rate programs have a maximum Loan Amount of $417,000 and a maximum Loan to Value (LTV) of 95% for single family homes.
  • Fixed Rate Jumbo Loans have a maximum loan amount of $1,000,000 for 80% or less LTV
  • Minimum loan amount for No Closing Cost programs is $75,000 and property must be a 1 or 2 family home.
  • For Rates on 1-4 Family Residential Investment Properties contact the Credit Union.
  • All adjustable rate mortgages have a maximum loan amount of $1,000,000 and maximum LTV of 95%. 1-2 family only.
  • Additional points will be charged for fixed rate First Mortgages with cash out refinances over 70% LTV.
  • Workers' Credit Union membership required.
  • APR's based on $100,000 Loan Amount and a Loan to Value of 80%.
  • Income limits apply. Reduced pricing available for lower income borrowers. Above Annual Percentage Rates are based on a $100,000 loan with a less then 20% down payment.
  • My Community Products: 1) subject to income limits, 2) property must be primary residence, 3) homebuyer counseling may be required 4) purchase and limited cash-out refinance transactions, 5) landlord counseling for 2-4 families, 6) My Community 100 for Massachusetts properties only.
  • Mass Advantage Products: 1) for 1-4 family primary residence, 2) subject to income and acquisition limits, 3) must be first time homebuyer, 4) counseling required, 5) Mass properties only.
  • First time home-buyers are not restricted to applying for a First Time Homebuyer Program.
  • 3/1 ARM Product: 1) 1-2 family primary residence, 2) maximum loan $500,000.00, 3) must be first time homebuyer
*Based on maximum term


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