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Rates

BayPort Credit Union offers competitive rates on our products so you can feel confident that your choices will position you for a more secure financial future. We are committed to delivering value in everything we offer, including our rates on loans and savings accounts.

As you're shopping around for the best deal, we want to provide a centralized source of all updated BayPort rates so you can find the intelligent products and tools that help you achieve your financial goals.

Loan Rates

New/Used Vehicles/Motorcycles up to 6 years old
Rates Effective: October 15, 2014
Approx. Term (Months)Daily Periodic Rate (%)APR as low asAPR up to
12-480.0055 - 0.04651.99%*16.99%*
49-600.0060 - 0.04822.19%*17.59%*
61-660.0063 - 0.04932.29%*17.99%*
67-750.0071 - 0.04932.59%*17.99%*
76-840.0150 - 0.04935.49%*17.99%*
Used Vehicles/Motorcycles over 6 years old
Rates Effective: October 15, 2014
Approx. Term (Months)Daily Periodic Rate (%) APR as low asAPR up to
12-480.0082 - 0.04932.99%*17.99%*
49-600.0087 - 0.05093.19%*18.59%*
61-660.0090 - 0.05203.29%*18.99%*
67-750.0098 - 0.05203.59%*18.99%*
76-840.0178 - 0.05206.49%*18.99%*
New/Used Recreational Vehicles
Rates Effective: October 15, 2014
Approx. Term (Months)Daily Periodic Rate (%)APR as low asAPR up to
12-480.0123 - 0.04794.50%*17.49%*
49-600.0123 - 0.04794.50%*17.49%*
61-680.0130 - 0.05274.75%*19.25%*
67-720.0144 - 0.05275.25%*19.25%*
73-840.0233 - 0.05278.50%*19.25%*
85-1200.0260 - 0.05279.50%*19.25%*
New/Used Motor Homes
Rates Effective: October 15, 2014
Approx. Term (Months)Daily Periodic Rate (%)APR as low asAPR up to
12-480.0123 - 0.04794.50%*17.49%*
49-600.0123 - 0.04794.50%*17.49%*
61-660.0130 - 0.05274.75%*19.25%*
67-720.0144 - 0.05275.25%*19.25%*
73-840.0233 - 0.05278.50%*19.25%*
85-1200.0260 - 0.05279.50%*19.25%*
New/Used Boats
Rates Effective: October 15, 2014
Approx. Term (Months)Daily Periodic Rate (%) APR as low asAPR up to
12-480.0123 - 0.04794.50%*17.49%*
49-600.0123 - 0.04794.50%*17.49%*
61-660.0130 - 0.05274.75%*19.25%*
67-720.0144 - 0.05275.25%*19.25%*
73-840.0233 - 0.05278.50%*19.25%*
85-1200.0260 - 0.05279.50%*19.25%*
Personal Loans
Rates Effective: October 15, 2014
Type of LoanApprox. Term (Months)Daily Periodic Rate (%) Annual Percentage Rate (A.P.R.)(%)
FlexLine Line of Creditnot applicable0.0246 - 0.04798.99% - 17.49%*
Personal Loanup to 600.0246 - 0.04798.99% - 17.49%*
Savings Securedup to 240.00823.00%
Share Certificate Securedup to share certificate termshare certificate rate plus 2.50%share certificate rate plus 2.50%
Vacation Club Securedup to 240.00823.00%
Fees
Penalty Fees
Late Payment Fee 5.00% of any unpaid portion of your loan payment amount
Return Payment Fee $29.00 If your payment is returned to us, you will be charges $29.00 for each returned payment

The rates shown include all Member Relationship Discounts APRs.

*Risk Based: The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness, your Member Relationship with the credit union, the age of vehicle, and whether or not it is an existing BayPort loan. Please ask us for the rate that you qualify for. All terms may not be available.

Mortgage Rates

First Mortgages
Rates Effective: February 27, 2015
TermOrigination Fee95% LTV RateAPRMargin
30 yrs (3 yr ARM)1%3.375%3.4607%2.75%
20 yrs (3 yr ARM) 1%3.250%3.3699%2.50%
15 yrs (3 yr ARM)1%2.625%2.7774%2.25%
10 yrs (3 yr ARM)1%2.625%2.8477%2.25%
Fixed Rate Mortgages - Conventional Loans - Purchase & Rate Term Refinance 97% Max LTV - Max LTV 80% for Cash out Refinances
Rates Effective: February 27, 2015
TermOrigination FeePointsRateAPR
30 years0%03.875%3.8750%
 0%1.3753.625%3.7375%
20 years0%03.75%3.7500%
 0%1.1253.50%3.6280%
15 years0%03.25%3.2500%
 0%1.8752.75%3.0210%
Fixed Rate Mortgages - VA Loans - 100% LTV - 90% LTV Cash-Out Refinance
Rates Effective: February 27, 2015
TermOrigination FeePointsRateAPR
30 years0%03.625%3.6250%
15 years0%02.875%2.8750%
Unimproved Property - Maximum 85% LTV
Rates Effective: February 27, 2015
TermOrigination FeeRateAPRMargin
10 years (3 yr ARM)1%7.25%7.4781%3.50%
10 years (Fixed)1%7.50%7.7292%
15/2 Yr. Balloon Fixed for 2 years1%6.00%6.1575%
15/3 Yr. Balloon Fixed for 3 years1%6.25%6.4085%
15/5 Yr. Balloon Fixed for 5 years1%6.625%6.7853%
15/10 Yr. Balloon Fixed for 10 years1%7.75%7.9156%
20/5 Yr. Balloon Fixed for 5 years1%6.75%6.8799%
30/5 Yr. Balloon Fixed for 5 years1%7.00%7.0999%
* Double Wide Mobile Homes - Max. 85% LTV
Rates Effective: February 27, 2015
TermOrigination FeeRateAPRMargin
30 yrs (3 yr ARM)1%3.625%3.7066%2.75%
20 yrs (3 yr ARM)1%3.50%3.6136%2.50%
15 yrs (3 yr ARM)1%2.875%3.0223%2.25%
10 yrs (3 yr ARM)1%2.875%3.0898%2.25%
*Single Wide Mobile Homes - Maximum 75% LTV
Rates Effective: February 27, 2015
TermOrigination FeeRateAPRMargin
15 yrs (3 yr ARM)1%3.125%3.2702%2.25%
10 yrs (3 yr ARM)1%3.125%3.3361%2.25%
Construction/Permanent Loans For New Homes - Maximum 85% LTV - Simple Interest Loans
Rates Effective: February 27, 2015
TermOrigination FeeRateAPRMargin
30 yrs (3 yr ARM)1.5%3.375%3.4961%2.75%
20 yrs (3 yr ARM)1.5%3.25%3.4195%2.50%
15 yrs (3 yr ARM)1.5%2.625%2.8405%2.25%
10 yrs (3 yr ARM)1.5%2.625%2.9399%2.25%

All adjustable rate mortgages are three (3) year adjustables. This means that the interest rate for the loan may adjust at the end of each three year interval after closing. The index rate for the adjustment is the weekly average yield on U. S. Treasury Securities adjusted to a constant maturity of 3 years, plus our margin rounded to the nearest 1/8%. Information about the index is published weekly in the Federal Reserve Statistical Release H.15. Information regarding the margin that will apply to the loan requested will be provided on the ARM Disclosure that will be mailed within three days of application. These adjustable rate mortgage rates will not increase or decrease by more than 1% from the preceding three (3) year interest rate at each adjustment interval. Interest rates may increase or decrease by a maximum of 5% over the life of the loan or the number of adjustment intervals - whichever is less (e.g. A fifteen year loan will only go through 4 adjustments hence 4% is the maximum rate increase or decrease). The repayment schedule at the time of the rate change will be based on the remaining term left on the loan.

*Mobile Homes must be on a permanent foundation of brick or cinderblock all the way around the base of the home and wheels, axles & hitches removed. Loans in excess of 85.0% LTV will require Private Mortgage Insurance (PMI) and must meet those underwriting guidelines. The borrower will pay the PMI premiums. (First Mortgages Only).

**Loans with a Loan to Value (LTV) in excess of 80% will be required to have Private Mortgage Insurance (PMI) coverage. The borrower will pay the PMI premiums.

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program, or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Washington, D.C. Regional Office, Room 810, 8th Floor, Bicentennial Building, 600 E. Street, N.W., Washington, D.C. 20580.

Interest rates are subject to change from time to time. Interest rates do not include pricing adjustments for loan to value, occupancy type, loan amounts, purpose and credit score. Check with the Mortgage Department for the most current mortgage loan rates.

Credit Card Rates

Credit Cards
Rates Effective: February 1, 2015
CardAnnual Percentage Rate (APR) for PurchasesAPR for Balance Transfers & Cash Advances
MasterCard® Platinum Cash Back8.99% - 18.49%*8.99% - 18.49%**
MasterCard® Platinum Rewards8.49% - 17.99%*8.49% - 17.99%**
MasterCard® Platinum Preferred7.99% - 17.49%*7.99% - 17.49%**
***3.99% Introductory rate effective February 1, 2015 thru April 30, 2015. The balance accumulated during this promotion period will remain at the 3.99% through statement closing of December, 2015.
Interest Rates and Interest Charges
Penalty APR and When it Applies None
Paying Interest - applicable to all of the above mentioned credit cards Your due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay the entire balance by the due date of each month. We will begin charging interest on cash advances and balance transfers on the date of the transaction.
Minimum Interest Charge – applicable to all of the above mentioned credit cards None
For Credit Card Tips from the Consumer Financial Protection Bureau To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore
Fees - Applicable to all of the credit cards listed in this disclosure
Annual Fee None
Transaction Fees
Balance Transfer Fee None
Cash Advance Fee None
Foreign Transactions 1.10% of each transaction in U.S. dollars.
Penalty Fees
Over the limit fee None
Late Payment fee Up to $20.00 fee assessed if payment is not received 5 days after statement closing.
Return Payment fee Up to $20.00 Non-sufficient funds or items returned for uncollected funds, regardless of reason.
Other Fees
Card Replacement Fee $5.00
*When you open your account, based on your creditworthiness. After that your APR will vary with the market based on the Prime Rate.
**This APR will vary based on the Prime Rate.

***Introductory Rate on Purchases, Balance Transfers and Cash Advances: If your minimum monthly payment is not received by the statement closing date, the APR for purchases, balance transfers, and cash advances, will revert back to the standard APR based on your creditworthiness.  The standard APR will also apply to any balance and future transactions accumulated after the promotion period.  If the account balance exceeds your approved limit or if the account is closed, your APR will increase to the standard rate. Cannot be combined with any other offer. Transfer may not include BayPort loan balance.

How we calculated your balance:
We use a method called “average daily balance (including new purchases).” See your account agreement for more details.

Variable Rate Information: Your APR may vary on a MasterCard Platinum Preferred, MasterCard Platinum Rewards, and MasterCard Platinum Cash Back Credit Card. Rates are determined and adjusted annually by adding a margin to the Prime Rate published in the Wall Street Journal on the first business day of July. The margin will range from 4.74% to 15.24%.

Effective Date: The information about costs of the card described in this application is accurate as of February 1, 2015. This information may have changed after that date. To find out what may have changed, contact the credit union at 757-928-8850 or 1-800-928-8801.

Home Equity Rates

Home Equity Line of Credit
Rates Effective: February 1, 2015
TermRateLoan to Value (LTV)
10 yr. Draw/25 yr. TermPrime -.50%Up tp 80%*
 PrimeUp to 90%*
Members can qualify for .25% discount with BayPort Credit Union checking account and direct deposit. Also .25% discount for automatic payments to loan.

Heloc Floor, Min Annual Percentage Rate 4.0%; Max Ceiling Annual Percentage Rate 18.0%
Home Equity Loan
Rates Effective: February 1, 2015
TermRate as low asLTV
5 Year Fixed4.00%Up to 80%*
 4.25%Up to 90%*
10 Year Fixed4.25%Up to 80%*
 4.50%Up to 90%*
Interest rates are subject to change from time to time. Interest rates do not include pricing adjustments for loan to value, occupancy type, loan amounts, purpose and credit score.

Members can qualify for .25% discount with automatic payments to loan. Max loan or line amount of $417,000. Additional rate deduction does not apply for rates 4.00% or lower.

*If your first mortgage is currently held by BayPort Credit Union we will lend up to 90% CLTV. If the CLTV is 80% or greater we will require a new appraisal or possibly use a current appraisal six months old or less. If the CLTV is less than 80%, the city/county assessment will be used. If your first mortgage is not currently held by BayPort Credit Union we will lend up to 80% CLTV of the city/county assessment or possibly use a current appraisal six months old or less. All loan amounts over $100,000 will require a new appraisal despite the CLTV, if your first mortgage is not currently held by BayPort Credit Union.

All loan amounts over $250,000 will require a new appraisel regardless of CLTV.

If an appraisal is required, the applicant will be responsible for the appraisal fee. This fee is usually between $400.00 - $450.00. The fee will be collected up front and the appraisal will be ordered from one of the appraisers on our approved list.

We will lend on vacation homes up to 75% CLTV of a city/county assessment or 75.01 - 80% CLTV of a new appraisal as long as BayPort Credit Union holds the first.

Savings Rates

Savings*
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
$0 - $99.990.00%0.00%$5.00
$100.00 - 1,999.990.15%0.15%$5.00
$2,000.00 and Over0.25%0.25%$5.00
*Youth Savings accounts for members 24 and under will earn highest tiered rate.
Fast Start Savings
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
$0-$500.004.91%5.00%$5.00
$500.01-$1,999.992.97%3.00%$5.00
$2,000.00 and Over0.25%0.25%$5.00
In this example, if your average daily balance is $2,500, you will earn the tier 1 dividend rate on the first $500, the tier 2 dividend rate on the amount greater than $500 but not exceeding $1,999.99 and the tier 3 dividend rate on the amount greater than $2,000.00.

Rewards Checking/Teen Rewards Checking/College & Career Rewards Checking
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
$0N/AN/A$25.00 to open
Classic Checking
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
$0 - $499.990.00%0.00%$25.00 to open
$500.00 - $999.990.05%0.05%$25.00 to open
$1,000.00 and Over0.10%0.10%$25.00 to open
Investment Checking
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
$0 - $2,499.990.00%0.00%$25.00 to open
$2,500.00 - $9,999.990.20%0.20%$25.00 to open
$10,000.00 - $24,999.990.25%0.25%$25.00 to open
$25,000.00 - $49,999.990.30%0.30%$25.00 to open
$50,000.00 and Over0.35%0.35%$25.00 to open
Club Accounts (Vacation or Christmas)
Rates Effective: July 1, 2014
AmountDividend RateAnnual Percentage Yield (APY)
$0 - $99.990.00%0.00%
$100.00 - $1,999.990.15%0.15%
$2,000.00 and Over0.25%0.25%
IRA Savings
Rates Effective: July 1, 2014
Divident RateAnnual Percentage Yield (APY)Minimum Deposit/Opening Balance
0.30%0.30%$100.00 to open

Important Account Information

ATM OPERATOR/NETWORK FEE
- when you use an automated teller machine not owned by us, you may be charged a fee by the ATM operator or any network used (and you may be charged a fee for a balance inquiry even if you do not complete a fund transfer). Fees may reduce earnings. For additional information on your account please see your "Important Account Information for Our Members" brochure. This Credit Union is federally insured by the National Credit Union Administration. If you have any questions or require current rate information please call the credit union at 757-928-8850.

The rates are accurate and effective as of the date indicated above. Dividends compound quarterly with the exception of Investment Checking, which compounds monthly. Dividend rates and annual percentage yields are subject to change without notice. For additional information regarding your account please refer to our Important Account Information for Our Members brochure and Fee Schedule.  If you have any questions or require rate information please call the Credit Union at 757.928.8850.

Share Certificate Rates

Minimum balance required to open a certificate is $1,000.00. Members under 25 years of age may purchase a 30 month certificate with a minimum balance of $100.00.  Exception: Minimum balance required to open a Special Certificate (11, 25, 39, and 54 month) is $2,500.  Minimum balance to open a 25 month flex certificate is $5,000.00.
Share Certificates - Premier/Select Relationship*
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.75%0.75%
25 Months Special***1.00%1.00%
39 Months Special****1.24%1.25%
54 Months Special*****1.98%2.00%
91 Day0.55%0.55%
6 Months0.55%0.55%
12 Months0.60%0.60%
18 Months0.65%0.65%
24 Months0.75%0.75%
25 Months Flex******0.60%0.60%
30 Months0.75%0.75%
36 Months0.85%0.85%
48 Months0.95%0.95%
60 Months1.25%1.26%
Share Certificates - Preferred Relationship*
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.70%0.70%
25 Months Special***0.95%0.95%
39 Months Special****1.19%1.20%
54 Months Special*****1.93%1.95%
91 Day0.50%0.50%
6 Months0.50%0.50%
12 Months0.55%0.55%
18 Months0.60%0.60%
24 Months0.70%0.70%
25 Months Flex******0.60%0.60%
30 Months0.70%0.70%
36 Months0.80%0.80%
48 Months0.90%0.90%
60 Months1.20%1.21%
Share Certificates - Regular
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.45%0.45%
25 Months Special***0.70%0.70%
39 Months Special****0.94%0.94%
54 Months Special*****1.68%1.69%
91 Day0.25%0.25%
6 Months0.25%0.25%
12 Months0.30%0.30%
18 Months0.35%0.35%
24 Months0.45%0.45%
25 Months Flex******0.60%0.60%
30 Months0.45%0.45%
36 Months0.55%0.55%
48 Months0.65%0.65%
60 Months0.95%0.95%

Important Account Information

*If you qualify for one of the Share Certificate Relationship Rates, your dividend rate will be based on your member relationship at the time of the certificate purchase. If changes to your account, made by you or the Credit Union result in a Classic Relationship status before maturity of your certificate, your dividend rate will revert back to the regular dividend rate in effect at account opening. The rates listed are accurate and effective as of the date indicated above. Dividend rates and Annual Percentage Yields are subject to change without notice. Dividends compound monthly with the exception of the 91 day Share Certificate, which pays at maturity.

Early withdrawal penalties: A penalty and or account closure may be imposed for withdrawals before maturity.

Withdrawal of dividends prior to maturity: The annual percentage yield is based on the assumption that the dividend will remain in the account until maturity. A withdrawal will reduce earnings.

The rates are accurate and effective as of the date indicated above.  Dividend rates and annual percentage yields are subject to change without notice. For additional information on your account please refer to your Important Account Information for Our Members, Important Information about Share Certificates, Relationship Certificate Special Disclosure and Fee Schedule. Fees may reduce earnings. If you have any questions or require current rate information please call the Credit Union at1(800) 928-8801/(757) 928-8850. This Credit Union is federally insured by the National Credit Share Insurance Fund.

**11 month special: Automatically renewable account: This account will automatically renew to a 12 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 12 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

***25 month special: Automatically renewable account: This account will automatically renew to a 24 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 24 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

****39 month special: Automatically renewable account: This account will automatically renew to a 36 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 36 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

*****54 month special: Automatically renewable account: This account will automatically renew to a 48-month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 48-month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.
 
******25-month Flex Certificate: This account will automatically renew to a 24 month certificate. One-time option to bump up the rate. The bump-up rate will match the rate currently in effect for a 25-month certificate term at the time the option is exercised. The new dividend rate will not be applied retroactively. One-time additional deposit to the principal of 25% of the original purchase amount of the certificate or $25,000 (lesser of or equal to). One-time penalty-free withdrawal equal to 25% of the original purchase amount of the certificate or $25,000 of the original purchase amount of the certificate (lesser of or equal to). A penalty and/or account closure may be imposed for additional withdrawals before maturity. Minimum balance requirement must be maintained. Minimum deposit $5,000.

IRA Certificate Rates

IRA Certificates and IRA Special Certificates have a Minimum Balance Requirement of $1,000. Exception: the Coverdell Education Savings, minimum balance $500 applies to 1, 2, 3, 4, or 5 year certificates.
IRA Certificates - Premier/Select Relationship*
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.75%0.75%
25 Months Special***1.00%1.00%
39 Months Special****1.24%1.25%
54 Months Special*****1.98%2.00%
1 Year 0.60%0.60%
2 Year0.75%0.75%
3 Year 0.85%0.85%
4 Year0.95%0.95%
5 Year1.25%1.26%
IRA Certificates - Preferred Relationship*
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.70%0.70%
25 Months Special***0.95%0.95%
39 Months Special****1.19%1.20%
54 Months Special*****1.93%1.95%
1 Year0.55%0.55%
2 Year0.70%0.70%
3 Year0.80%0.80%
4 Year0.90%0.90%
5 Year1.20%1.21%
IRA Certificates - Regular
Rates Effective: February 24, 2015
TitleDividend RateAnnual Percentage Yield (APY)
11 Months Special**0.45%0.45%
25 Months Special***0.70%0.70%
39 Months Special****0.94%0.94%
54 Months Special*****1.68%1.69%
1 Year0.30%0.30%
2 Year0.45%0.45%
3 Year0.55%0.55%
4 Year0.65%0.65%
5 Year0.95%0.95%

Important Account Information

*If you qualify for one of the Share Certificate Relationship Rates, your dividend rate will be based on your member relationship at the time of the certificate purchase. If changes to your account, made by you or the Credit Union result in a Classic Relationship status before maturity of your certificate, your dividend rate will revert back to the regular dividend rate in effect at account opening. The rates listed are accurate and effective as of the date indicated above. Dividend rates and Annual Percentage Yields are subject to change without notice. Dividends are compound monthly with the exception of the 91 day Share Certificate, which pays at maturity.

Early withdrawal penalties: A penalty and or account closure may be imposed for withdrawals before maturity.

Withdrawal of dividends prior to maturity: The annual percentage yield is based on the assumption that the dividend will remain in the account until maturity. A withdrawal will reduce earnings.

The rates are accurate and effective as of the date indicated above.  Dividend rates and annual percentage yields are subject to change without notice. For additional information on your account please refer to your Important Account Information for Our Members, Important Information about Share Certificates, Relationship Certificate Special Disclosure and Fee Schedule. Fees may reduce earnings. If you have any questions or require current rate information please call the Credit Union at1(800)928-8801/(757) 928-8850. This Credit Union is federally insured by the National Credit Share Insurance Fund.

**11 month special: Automatically renewable account: This account will automatically renew to a 12 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 12 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

***25 month special: Automatically renewable account: This account will automatically renew to a 24 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 24 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

****39 month special: Automatically renewable account: This account will automatically renew to a 36 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 36 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

****54 month special: Automatically renewable account: This account will automatically renew to a 48-month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account. Each renewal term will be the same as the 48-month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account. You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

Money Market Rates

Pinnacle Money Market has an opening deposit of $2,500.00. Money Market has an opening of $25.00.
Pinnacle Money Market
Rates Effective: July 1, 2014
Amount on Deposit DailyDividend RateAnnual Percentage Yield
$0 - $2,499.990.00%0.00%
$2,500.00 - $9,999.990.30%0.30%
$10,000.00 - $24,999.990.35%0.35%
$25,000.00 - $49,999.990.40%0.40%
$50,000.00 - $99,999.990.45%0.45%
$100,000.00 and Over0.50%0.50%
Money Market
Rates Effective: July 1, 2014
Amount on Deposit DailyDividend RateAnnual Percentage Yield
$0 - $2,499.990.00%0.00%
$2,500.00 - $9,999.990.30%0.30%
$10,000.00 - $24,999.990.35%0.35%
$25,000.00 - $49,999.990.40%0.40%
$50,000.00 and Over0.45%0.45%
Important Account Information

The rates are accurate and effective as of the date indicated above. Dividends compound monthly. Dividend rate and annual percentage yield are subject to change without notice. Fees may reduce earnings. Please refer to your Important Account Information for Our Members and Fee Schedule brochure for additional information on this account. If you have any questions or require current rate information please call the Credit Union at 757.928.8850.

Contact us today if you have any questions about our rates schedules. BayPort Credit Union is committed to improving the lives of our members in the Tidewater and Hampton Roads, Virginia, area with competitive rates that help you improve your financial well-being.