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TODAY'S RATES FOR AUTOMOBILE, MOTORCYCLE, RECREATIONAL VEHICLE, AND PERSONAL LOANS.

This Rate Schedule sets forth certain conditions, rates, fees and charges applicable to all loans and loan requests at Smart Financial Credit Union and is incorporated as part of your loan agreement(s) with us. All rates quoted are annual percentage rates (APR). All rates are dependent on creditworthiness and loan term. Each product has a minimum loan amount and minimum loan amounts for certain terms. Loan to Value Ratio on secured loans may increase or decrease the rate. See a Smart Banker to apply or for additional information.

Rates Are Subject To Change - Contact Your Credit Union

Loans

Automobile
Effective Date: Wednesday, April 21st, 2021
TermNew APRUsed/Refinanced APR
Up to 36 months 2.24%* - 17.99%* 2.24%* - 17.99%*
Up to 48 months 2.49%* - 17.99%* 2.49%* - 17.99%*
Up to 60 months 2.74%* - 17.99%* 2.74%* - 17.99%*
84 months 2.24%** - 17.99%** 2.24%** - 17.99%**

Motorcycle
Effective Date: Wednesday, April 21st, 2021
TermNew APRUsed/Refinanced APR
Up to 36 months 3.99%* - 17.99%* 3.99%* - 17.99%*
Up to 48 months 4.49%* - 17.99%* 4.49%* - 17.99%*
Up to 60 months 4.99%* - 17.99%* 4.99%* - 17.99%*
Up to 72 months 5.49%* - 17.99%* 5.49%* - 17.99%*

Boat & Recreational Vehicle Loans
Effective Date: Wednesday, April 21st, 2021
TermNew APRUsed/Refinanced APR
Up to 36 months 3.99%* - 17.99%* 3.99%* - 17.99%*
Up to 48 months 4.49%* - 17.99%* 4.49%* - 17.99%*
Up to 60 months 4.99%* - 17.99%* 4.99%* - 17.99%*
Up to 72 months 5.49%* - 17.99%* 5.49%* - 17.99*%
Up to 84 months 5.99%* - 17.99%* 5.99%* - 17.99%*
Up to 96 months 6.49%* - 17.99%* 6.49%* - 17.99%*
Up to 120 months 6.99%* - 17.99%* 6.99%* - 17.99%*

Personal Loans
Effective Date: Wednesday, April 21st, 2021
ProductInterest Rate APR
Signature/Personal up to 36 months 6.99%* - 17.99%*
Signature/Personal up to 48 months 6.99%* - 17.99%*
Signature/Personal up to 60 months 6.99%* - 17.99%*
Signature/Personal 84 months 6.99%** - 17.99%**
Revolving Line of Credit (Creditline) 9.49%* - 17.99%*

Saving (Share) Secured
Effective Date: Wednesday, April 21st, 2021
ProductInterest Rate APR
Installment Loan Share rate plus 5.00%*

Certificate of Deposit Secured
Effective Date: Wednesday, April 21st, 2021
ProductInterest Rate APR
Installment Loan Certificate rate plus 5.00%* rounded up to the next 1/4%

Other Collateral
Effective Date: Wednesday, April 21st, 2021
ProductInterest Rate APR
Other collateral 4.99%* to 17.99%*

Important Information
Disclosures

*All rates are dependent on credit worthiness. Your rate will be determined once your application has been processed and approved. Rates are subject to change without notice.

**Variable Rate: For the first 12 months, your introductory APR will be fixed at the rate disclosed above. Thereafter, the ANNUAL PERCENTAGE RATE will be based on the Wall Street Journal Prime Rate and may increase or decrease during the term of this transaction. The ANNUAL PERCENTAGE RATE will not increase or decrease more than 1 percentage point per adjustment and never fall below the initial ANNUAL PERCENTAGE RATE or exceed 17.99%. An increase or decrease will take effect every 12 months on the date of the initial loan and will be rounded off to the nearest 1/8th%. Any increase will take the form of higher payments. EXAMPLE: If your loan was $10,000 at 6.00% for 84 months and the rate increased to 7.00% after the first year, your monthly payment would increase by $4.18. You will be notified in writing 45 days before the due date of a payment at a new level. This notice will contain information about your interest rates, payment amount, and loan balance.

 

TRUTH-IN-SAVINGS RATES FOR SHARE (SAVINGS), MONEY MARKET, CHECKING AND IRA SAVINGS ACCOUNTS

This Rate and Fee Schedule and Account Disclosures sets forth certain conditions, rates, fees and charges applicable to your Share (Savings) Accounts, Money Market Accounts, Checking Accounts and IRA Savings Accounts at Smart Financial Credit Union, and is incorporated as part of your Account Agreement with us. *Fees could reduce the earnings on the account.**Rates may change after the account is opened.

TRUTH-IN-SAVINGS RATE SCHEDULE

Savings and Deposits Accounts

Savings
Effective Date: Wednesday, April 21st, 2021
AccountMinimum to OpenDividend RateInterest RateAPYMinimum to obtain disclosed APY
Share (Savings) $5 .10% N/A .10% $100

Money Market Account Rates
Effective Date: Wednesday, April 21st, 2021
Minimum to OpenMinimum BalanceInterest RateAPYMinimum to avoid service fee
$2,500 $0-2,499.99 0.10% on entire balance 0.10% $2,500
  $2,500.00-9,999.99 0.15% on entire balance 0.15%  
  $10,000.00-24,999.99 0.20% on entire balance 0.20%  
  $25,000.00-49,999.99 0.20% on entire balance 0.20%  
  $50,000.00-99,999.99 0.25% on entire balance 0.25%  
  $100,000+ 0.35% on entire balance 0.35%  

Checking Accounts
Effective Date: Wednesday, April 21st, 2021
AccountMinimum to OpenAverage BalanceInterest RateMonthly Service Fee
Smart Select $100 < $2,500.00 0.05% $12 or waived when requirements are met.
    > $2,500.00 0.05% $12 or waived when requirements are met.
Superior Checking (No longer offered)   <$1,000.00 0.05%  
    >=$1,000.00 0.05%  
Smart Choice $50   0.00% $10 or waived when requirements are met.

Individual Retirement Accounts (IRA)
Effective Date: Wednesday, April 21st, 2021
AccountMinimum to OpenMinimum BalanceInterest RateAPY
IRA (Savings) $100 or $50 w/ payroll deduction-Direct Deposit $0-2,499.99 0.20% on entire balance 0.20%
    $2,500.00-9,999.99 0.25% on entire balance 0.25%
    $10,000.00-24,999.99 0.30% on entire balance 0.30%
    $25,000.00-49,999.99 0.30% on entire balance 0.30%
    $50,000.00-99,999.99 0.35% on entire balance 0.35%
    $100,000.00+ 0.45% on entire balance 0.45%

Individual Retirement Accounts/Certificates of Deposit
Effective Date: Wednesday, April 21st, 2021
TermInterest Rate APR*APYMinimum Opening Balance
12-month IRA 0.499% 0.50% $1,000
24-month IRA 0.598% 0.60%  
36-month IRA 0.698% 0.70%  
48-month IRA 0.797% 0.80%  
60-month IRA Special 0.995% 1.00%  

 

TODAY'S RATES FOR HOME PURCHASE, REFINANCE, HOME EQUITY, HELOC, HOME IMPROVEMENT, AND LOT LOANS

Below are the current rates for some of our mortgage loan programs. We have an excellent mortgage origination team looking forward to guiding you through the often difficult and confusing process of getting the loan that fits your personal and financial needs. 

 

Call us at 713-407-1830 or email us at mortgagelending@smartcu.orgor apply online now at mymortage.smartcu.org

 

Mortgage,Home Equity/Improvement Loans

Mortgage Rates
Effective Date: Wednesday, April 21st, 2021
ProductTermInterest Rate as low asAPR as low as**
Purchase or Refinance (Conforming)  20-year 2.875% 2.843%
  15-year 2.625% 2.744%
  10-year 2.500% 2.673%
  5-year 2.250% 2.580%
Purchase or Refinance (Jumbo) 20-year 2.875% 2.922%
  15-year 2.625% 2.684%
Purchase or Refinance ARM* (Conforming) 5/1 2.500% 2.973%
  7/1 2.750% 3.087%
Purchase or Refinance ARM* (Jumbo) 5/1 2.500% 2.943%
  7/1 2.750% 3.054%
Cash-out Refinance (1st lien Home Equity) 5-year 2.750% 2.876%
  10-year 3.000% 3.068%
  15-year 3.125% 3.172%
  20-year 3.375% 3.413%
Texas Home Equity (2nd lien) 5-year 3.750% 4.051%
  10-year 4.000% 4.160%
  15-year 4.125% 4.237%
Texas HELOC ARM* (1st lien) Revolving*** 1.990% 4.250%
Texas HELOC ARM* (2nd lien) Revolving*** 2.990% 5.250%
Texas Home Improvement 5-year 4.750% 5.650%
  10-year 5.000% 5.478%
  15-year 5.250% 5.588%
Lot Loan ARM* 3/1 5.000% 5.898%

Rates displayed are the “as low as” rates and are subject to change without notice.

Rates are based on creditworthiness, loan-to-value (LTV), occupancy and loan purpose, so your rate and terms may differ. All loans subject to credit approval.

*Adjustable-Rate Mortgage: These loans begin with a low, fixed interest rate for the initial term and then adjust according to an index.

**Your final APR may vary based upon loan amount and customary fees and closing costs which are treated as interest when calculating your final APR

***Home Equity Line of Credit (HELOC) loans have a 10-year draw period with interest only payments, followed by a 10-year repayment term

 

 

TRUTH-IN-SAVINGS RATES FOR CERTIFICATES OF DEPOSIT.

This Rate and Fee Schedule and Account Disclosures sets forth certain conditions, rates, fees and charges which apply to your Certificates of Deposit at Smart Financial Credit Union and is incorporated as part of your Account Agreement with us. *A penalty for early withdrawal may be assessed.*

TRUTH-IN-SAVINGS RATE SCHEDULE

Certificates of Deposit

Certificates of Deposit
Effective Date: Wednesday, April 21st, 2021
TermInterest RateAPYMinimum Opening Balance
6-month Tier 0.150% 0.15% $1,000
12-month Tier 0.300% 0.30%  
24-month Tier 0.399% 0.40%  
36-month Tier 0.499% 0.50%  
48-month Tier 0.598% 0.60%  
60-month Tier 0.648% 0.65%  
6-month Tier Mini Jumbo 0.200% 0.20% $50,000
12-month Tier Mini Jumbo 0.349% 0.35%  
24-month Tier Mini Jumbo 0.449% 0.45%  
36-month Tier Mini Jumbo 0.549% 0.55%  
48-month Tier Mini Jumbo 0.648% 0.65%  
60-month Tier Mini Jumbo 0.698% 0.70%  
6-month Tier Jumbo 0.250% 0.25% $100,000
12-month Tier Jumbo 0.399% 0.40%  
24-month Tier Jumbo 0.499% 0.50%  
36-month Tier Jumbo 0.598% 0.60%  
48-month Tier Jumbo 0.698% 0.70%  
60-month Tier Jumbo 0.747% 0.75%  
Rates and terms are subject to change without notice. Early Withdrawal Penalties - Your account will mature after the applicable term of your Certificate of Deposit set forth above.  We will impose a penalty if you withdraw any of the funds in your Certificate of Deposit within the first six days after your Account is opened.  The penalty will equal seven day's interest on your account.  If you make partial withdrawals of principal prior to the maturity date, penalties will be imposed on the amount of the withdrawal.  We will impose a penalty if you redeem your Certificate prior to the maturity date.  The penalty will equal all interest earned on 91 day Certificates, 90 days' interest on 6 month Certificates, 180 days' interest on 12, 18 and 24 month Certificates, and 270 days' interest on 30, 36, 48, and 60 month Certificates.

 

Smart Financial Fee Schedule

The following fees and transaction limitations amend your Membership Account Agreement and Disclosures. These fees and limitations MAY be assessed against your account if applicable.

Fees are Subject to change - Contact Your Credit Union

Fee Schedule

Loan Accounts Fee Schedule
Effective Date: Wednesday, April 21st, 2021
AccountFee
Loan Accounts
All Loan Accounts
(Unless otherwise listed)
Loan Late Charge - 5% of monthly installment if 10 or more days late (Minimum of $5.00, Maximum of $30.00)
  Collection Agency Fees - all costs of collecting the amount you owe including court costs
  Collection Attorney Fees - all costs of collecting the amount you owe including court costs and reasonable attorney fees
  Returned Check Fee - $30 if a check is returned on a loan payment
  Application Fee After 3 Denials Within a 12 Month Period - $25
  Statement Copied - $5 each
  Transaction History (up to 90 days) - $5 each
  Document Copied - $5 each
  Balance Inquiry - $5 each (free through SmartLine)
  Telephone Transfer - $5 each (free through SmartLine)
  Loan Payoff Letter - $5
  Skip Payment and Extension Fee - $25 each
  Rewrite Fee - $25 ( Applies to Auto, Boat, Motorcycle, RV, Signature Loans only)
Credit Line (Revolving Line of Credit) Application Fee - $25
Note: Loans are subject to additional fees. For complete fees refer to loan documents.

Checking and Savings Fee Schedule
Effective Date: Wednesday, April 21st, 2021
AccountFee
Money Market Accounts Minimum Balance Fee...$10 per month when balance falls below $2,500
  Excessive Transfer Fee (after 6 transactions per month) - $10 per item
  Insufficient Check (NSF) - $30 per item
Checking Accounts Insufficient Check (NSF) - $30 per item (paid or unpaid)
  Insufficient Debit MasterCard Transaction - $30 each (Charges over $10)
  Temporary Checks (8) - $8 (No Charge For Starter Checks)
  Stop Payment Order Per Series of 25 Checks - $30
  Check Printing Fees May Vary
  Overdraft Protection Draw Fee (transfers over $10 per day only) - $2
  * Not applicable to Smart Scholars and No-Check Checking
Smart Select Checking Monthly Service Charge - $12
  Waived if Direct Deposit > $1,000 per month.
  Waived if age < 25
Smart Choice Checking Monthly Service Charge - $10
  Waived if Direct Deposit > $500 per month.
  Waived if age < 25
eChecking Service Fees - $2 per in branch / phone transaction
Freedom Checking (No longer offered) Monthly Service Charge - None with direct deposit. $12 per month fee with no direct deposit.
Primary Checking (No longer offered) Minimum Balance to avoid Monthly Service Charge - $400
  Monthly Service Charge - $4 per month
Superior Checking (Interest-Bearing) (No longer offered) Minimum Average Daily Balance to Avoid Monthly Service Charge - $1,000 or 55+ years of age
  Monthly Service Charge - $10
No Check Checking Monthly Service Charge - $5
Smart Scholars Checking No Monthly Service Charge
Individual Retirement Account (IRA) Closing / Transfer Out Fee - $10
Debit MasterCard / ATM Card Services Transactions With a Smart Financial Credit Union Card @ SFCU owned ATM's - No Charge
  Transactions with a Smart Financial Credit Union debit card @ other ATM locations $2.00 each
  Replacement Debit MasterCard/ ATM card - $5 each
  CU Friendly Network ATMs discontinued as of 3/1/2021 - Surcharge (terminal fee) free ATM's - Credit Union Friendly Network locations
  Currency Conversion Fee (Debit MasterCard Transactions including online purchases) - 1% of transaction amount
Safe Deposit Box Service (available at our North Loop,Conroe & Sugar Land offices only) Key Deposit - $25
  Box Size 3" x 5" - $25 annually
  Box Size 3" x 10" - $40 annually
  Box Size 5" x 10" - $60 annually
  Box Size 10" x 10" - $95 annually
Other Service Fees (applicable to all accounts) Cashier's Checks - $5
  Cashier's Checks (On Us Check Conversion) - $5
  Closed Membership / Account (within the first 6 months) - $25
  Coin Sorter Fee (except 16 and under) - 5% of amount sorted
  Collection Items - Domestic items $20 each
  Document Copied - $5 each
  Foreign Collection Items - $30 each
  Inactive account fee - $10 per month (excluding minor, custodial, and CAP)
  Incorrect Address Fee - $10
  Insufficient ACH Debit - $30 each
  Insufficient Debit MasterCard Transaction - $30 each
  Lost Title Fee - $25
  Money Orders - $2 each
  Notary Services (Non Member) - $6
  Overnight Delivery - $25
  Paid Check Copied - $5
  Returned Deposit Item - $30 per item
  Statement Copied - $5
  Stop Payment Order ACH - $30 each
  Stop Payment Order Check (Branch or Phone) - $30 each
  Stop Payment Order check (Online) - $30 each
  Tax Levies and Garnishments - $50
  Transaction History (up to 90 days) - $5 each
  Verification of Deposit (written - other than SFCU mortgages) - $15
  Wire Transfers - International - $40 each
  Wire Transfers - Outgoing Domestic - $20 each
*Restricted to qualified veterans at the VA branch only.

Business Account Fee Schedule
Effective Date: Wednesday, April 21st, 2021
AccountFee
All Business Checking Accounts Insufficient Check (NSF) - $30 per item (paid or unpaid)
  Temporary Checks (8) - $8 (No Charge for Starter Checks)
  Stop Payment Order per Series of 25 Checks - $30
  Check Printing Fees May Vary
  Overdraft Protection Draw Fee (transfers over $10 per day only) - $2
Smart Business Checking Minimum Balance to avoid Monthly Service Charge - $2,500
  Monthly Service Charge - $10 per month
  Maximum # of Transactions per month – 150
  Excessive Transactions Fee: $0.25 each
Smart Advantage Business Checking (Interest-Bearing) Minimum Average Daily Balance to Avoid Monthly Service Charge - $5,000
  Monthly Service Charge - $15
  Maximum # of Transactions per month – 250
  Excessive Transactions Fee - $0.25 each
  Sweep Processing Monthly Fee (to Business Money Market Account) - $15
Business Money Market Accounts Minimum Balance Fee - $10 per month - with balance below $5,000
  Transfer Limitations Violation - $30 per item
Check Cashing Fee Members with less than $1,000 in aggregate deposit and/or loan balances will be assessed a $3 check–cashing fee. Members with less than $1,000 in aggregate deposit and / or loan balances will be excluded from the $3 check – cashing fee if the member is le
Debit MasterCard/ATM Card Services Transactions With a Smart Financial Credit Union Card @ SFCU-owned ATM’s - No Charge
  Transactions With a Smart Financial Credit Union Card @ other ATM locations - $2 each
  Replacement Debit MasterCard/ ATM card - $5 each
  CU Friendly Network ATMs discontinued as of 3/1/2021 - Surcharge (terminal fee) free ATM’s – Credit Union Friendly Network locations
  Currency Conversion Fee (Debit MasterCard Transactions including online purchases) - 1% of transaction amount
Safe Deposit Box Service (available at our Newcastle, Conroe & Sugar Land offices only) Key Deposit - $25
  Box Size 3" x 5" - $25 annually
  Box Size 3" x 10" - $40 annually
  Box Size 5" x 10" - $60 annually
  Box Size 10" x 10" - $95 annually
Other Service Fees (applicable to all accounts) Account Inquiry/Transactions by phone - $5 each
  Cashier's Checks payable to Third Party - $5
  Cashier's Checks (On Us Check Conversion) - $5
  Cashier Check Replacement Fee - $30
  Closed Membership / Account (within the first 6 months) - $25
  Coin Roll Order - $0.10 per roll
  Coin Sorter Fee (except 16 and under) - 5% of amount sorted
  Collection Items - Domestic items $20 each
  Currency Strap Order - $0.40 per strap
  Deposit Zipper Bags - $5 each
  Document Copied - $5 each
  Foreign Collection Items - $30 each
  Inactive account fee - $10 per month
  Incorrect Address Fee - $10
  Insufficient ACH Debit - $30 each
  Insufficient Debit MasterCard Transaction - $30 each
  Lost Title Fee - $25
  Money Orders - $2 each
  Night Deposit Bags (disposable) - 50 @ $25
  Non-Member Check Cashing - $5
  Notary Services (Non Member) - $6
  Overdraft Protection Transfer Fee - $2
  Overnight Delivery - $25
  Paid Check Copied - $5
  Research and Reconciliation (1 hour min. - $2 / page) – $25
  Return Deposit Item from Member Account on Another Institution - $30
  Returned Deposit Item - $30 per item
  Statement Copy - $5
  Stop Payment Order ACH - $30 each
  Stop Payment Order Check (Branch or Phone) - $30 each
  Stop Payment Order check (Online) - $30 each
  Tax Levies and Garnishments - $50
  Transaction History (up to 90 days) - $5 each
  Verification of Deposit (written - other than SFCU mortgages) - $15
  Wire Transfers - International - $40 each
  Wire Transfers - Outgoing Domestic - $20 each