Dividends are paid and compounded monthly and are based on the average daily balance in the account.

¹APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date, April 30, 2025.

²We may impose a penalty if you withdraw funds from your account before the eligibility date. Maintenance or activity fees could reduce the earnings on the account.

Down payment requirements vary depending on loan terms.  For current down payment amounts, check with a loan officer.

Financing Example: A 1st Mortgage Loan of $200,000 at 6.24% APR for a 360-month term results in a monthly payment of approximately $1,231.00.

Down payment requirements vary depending on loan terms. For current down payment amounts, check with a loan officer.

HELOC’s have a 10-year draw period and must be owner occupied.

BDCU does not charge fees for HELOC loans but 3rd party fees may apply. These could include flood insurance, excess title fees, and appraisal fees. 3rd party fees generally do not exceed 1% of the loan balance. Other terms, and conditions may apply.

Financing Example: A HELOC of $50,000 at 8.00% APR for a 180-month term results in a monthly payment of approximately $475.00.

BDCU does not charge fees for Home Equity loans but 3rd party fees may apply. These could include flood insurance, excess title fees, and appraisal fees. 3rd party fees generally do not exceed 1% of the loan balance. Other terms, and conditions may apply.

Financing Example: A Home Equity Loan of $50,000 at 8.00% APR for a 360-month term results in a monthly payment of approximately $365.00.

Mortgage Loan Disclosures

¹APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.

²Interest Refund

For loans subject to an Interest Refund, the Credit Union charges a flat rate of 8.00%. Each quarter the Board of Directors, after reviewing financial performance, determines how much of an Interest Refund should be paid. When they declare a certain percentage, that amount is multiplied by the actual loan interest paid by each member during the quarter and the resulting amount is deposited directly into the member’s savings account after the last day of the quarter.

EXAMPLE: A member paid $450 in interest during the quarter. The Board declares a 20% Interest Refund. A deposit of $90.00 will be put in the member’s account. ($450 x 20% = $90.00). Net Rate after this refund 6.40%.

Nationwide Mortgage Licensing System Organization Number 372241.

75% of appraised value or selling price, whichever is less. Maximum loan amount of $2,000,000 to any borrower on any one commercial property.

Financing Example: A Commercial Loan of $100,000 at 8.00% APR for a 240-month term results in a monthly payment of approximately $831.00.

Commercial Loan Disclosures

¹APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.

²Interest Refund

For loans subject to an Interest Refund, the Credit Union charges a flat rate of 8.00%. Each quarter the Board of Directors, after reviewing financial performance, determines how much of an Interest Refund should be paid. When they declare a certain percentage, that amount is multiplied by the actual loan interest paid by each member during the quarter and the resulting amount is deposited directly into the member’s savings account after the last day of the quarter.

EXAMPLE: A member paid $450 in interest during the quarter. The Board declares a 20% Interest Refund. A deposit of $90.00 will be put in the member’s account. ($450 x 20% = $90.00). Net Rate after this refund 6.40%.

Financing Example: An Auto Loan of $50,000 at 4.99% APR for an 84-month term would result in a monthly payment of approximately $707.00.

Financing Example: A Recreational Vehicle Loan of $35,000 at 8.00% APR for a 144-month term results in a monthly payment of approximately $377.00.

The aggregate amount of unsecured debt cannot exceed $15,000 for an individual and $30,000 jointly.

Financing Example: A Signature Loan of $5,000 at 8.00% APR for a 36-month term results in a monthly payment of approximately $156.00.

Financing Example: A Share Secured Loan of $10,000 at 4.50% APR for a 144-month term results in a monthly payment of approximately $90.00.

Consumer Loan Disclosures

¹APR= Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.

2Interest Refund

For loans subject to an Interest Refund, the Credit Union charges a flat rate of 8.00%. Each quarter the Board of Directors, after reviewing financial performance, determines how much of an Interest Refund should be paid. When they declare a certain percentage, that amount is multiplied by the actual loan interest paid by each member during the quarter and the resulting amount is deposited directly into the member’s savings account after the last day of the quarter.

EXAMPLE: A member paid $450 in interest during the quarter. The Board declares a 20% Interest Refund. A deposit of $90.00 will be put in the member’s account. ($450 x 20% = $90.00). Net Rate after this refund 6.40%.