APY = Annual Percentage Yield. APR = Annual Percentage Rate. Rates effective as of 9/1/2025. Fees may reduce earnings.
Deposit Rates
Certificate Shares
| Term | Minimum balance required | Dividend rate (APR) | APY |
| 3 months | $500 | 2.00% | 2.02% |
| 6 months | $500 | 2.50% | 2.53% |
| 12 months | $500 | 2.50% | 2.53% |
| 24 months | $500 | 2.50% | 2.53% |
| 36 months | $500 | 2.50% | 2.53% |
| 48 months | $500 | 2.50% | 2.53% |
| 60 months | $500 | 2.50% | 2.53% |
Penalty for early withdrawal.
Regular Savings and Checking
Savings Accounts
| Account | Balance required for rate | Dividend rate (APR) | APY |
| Club Account, Homebuyers Club Account | $100 | 0.15% | 0.15% |
| Lucky Savers | $25 | 0.15% | 0.15% |
| Student Credit Union Youth Savings | $1 | 0.15% | 0.15% |
Regular Share Savings
| Balance required for rate | Dividend rate | APY |
| $5 to $9,999.99 | 0.05% | 0.05% |
| $10,000 to $19,999.99 | 0.05% | 0.05% |
| $20,000 and over | 0.05% | 0.05% |
Checking/Share Draft
| Balance required for rate | Dividend rate | APY |
| $5 to $9,999.99 | 0.05% | 0.05% |
| $10,000 to $19,999.99 | 0.05% | 0.05% |
| $20,000 and over | 0.05% | 0.05% |
Kasasa Savings and Checking
Kasasa Saver
If qualifications* met:
| Balance required for rate | Dividend rate | APY |
| $100,000.00 and below | 1.50% | 1.50% |
| $100,000.01 or greater | 0.10% to 0.10% | 0.10% to 0.10% |
If qualifications* NOT met:
| Balance required for rate | Dividend rate | APY |
| Any dollar amount | 0.05% | 0.05% |
Kasasa Cash
If qualifications* met:
| Balance required for rate | Dividend rate | APY |
| $20,000.00 and below | 3.00% | 3.00% |
| $20,000.01 or greater | 0.10% to 0.10% | 0.10% to 0.10% |
If qualifications* NOT met:
| Balance required for rate | Dividend rate | APY |
| Any dollar amount | 0.05% | 0.05% |
IRA Savings
| Balance required for rate | Dividend rate | APY |
| $5 to $9,999.99 | 0.75% | 0.75% |
| $10,000 to $19,999.99 | 0.75% | 0.75% |
| $20,000 or greater | 0.75% | 0.75% |
Individual Retirement Account funds (IRAs) and Simplified Employee Pensions (SEPs) may be invested in IRA/SEP savings or any Share Certificate. We accept rollover IRAs from other institutions. IRA terms are described in Custodial Agreement.
Money Market
| Balance required for rate | Dividend rate | APY |
| $1,000 to $2,499.99 | 0.25% | 0.25% |
| $2,500 to $9,999.99 | 0.40% | 0.40% |
| $10,000 to $24,999.99 | 0.50% | 0.50% |
| $25,000 to $49,999.99 | 0.60% | 0.60% |
| $50,000 to $99,999.99 | 0.70% | 0.70% |
| $100,000 or greater | 0.85% | 0.85% |
Money Market: $1,000 minimum to open
Loan Rates
Secured Loans: Autos and motorcycles. Rates apply to model years 2023 and newer. $65,000 loan maximum for model years 2026 and 2025; $50,000 loan max for model years 2024 and 2023
| Credit Bureau Score* | APR** 36 months | APR 48 months | APR 60 months | APR 72 months | APR 84 months |
| 740+ | 5.24% | 5.49% | 5.99% | 6.49% | 7.24% |
| 680 – 739 | 6.24% | 6.49% | 6.99% | 7.49% | 8.24% |
| 640 – 679 | 7.99% | 8.24% | 8.74% | 9.24% | 9.99% |
| 600 – 639 | 9.99% | 10.24% | 10.74% | 11.24% | 11.99% |
| 550 – 599 | 12.99% | 13.24% | 13.74% | 14.24% | 14.99% |
| 549 or less | 14.99% | 15.24% | 15.74% | 15.99% | N/A |
- Payment Example: $312.00 a month based on 5-year term, $15,000 loan at 8.74% APR
Secured Loans: Autos and motorcycles. Rates apply to model years 2022, 2021, 2020, and 2019. Loan maximum is $50,000. Term limits apply based on model years.
| Credit Bureau Score* | APR 36 months | APR 48 months | APR 60 months | APR 72 Months |
| 740+ | 5.99% | 6.24% | 7.99% | 8.24% |
| 680 – 739 | 8.99% | 9.74% | 9.99% | 10.24% |
| 640 – 679 | 10.74% | 10.99% | 11.24% | 11.49% |
| 600 – 639 | 11.74% | 12.99% | 13.24% | 13.49% |
| 550 – 599 | 13.24% | 13.74% | 13.99% | N/A |
| 549 or less | 15.99% | 15.99% | 15.99% | N/A |
Secured Loans: Autos and motorcycles. Rates apply to model years 2018, 2017 and 2016. Loan maximum is $25,000. Term limits apply based on model years.
| Credit Bureau Score* | APR** 36 Months | APR 48 Months | APR 60 Months |
| 740+ | 9.99% | 10.24% | 10.24% |
| 680 – 739 | 10.49% | 11.74% | 11.74% |
| 640 – 679 | 13.49% | 14.49% | 14.49% |
| 600 – 639 | 15.49% | 15.74% | 15.74% |
| 550 – 599 | 16.00% | 16.00% | 16.00% |
| 549 or less | 16.00% | 16.00% | 16.00% |
Secured Loans: Boats and RVs. Rates apply to model years 2023 and newer. $65,000 loan maximum for model years 2026 and 2025; $50,000 loan max for model years 2024 and 2023
| Credit Bureau Score* | APR** 48 months | APR 60 months | APR 72 months | APR 84 months |
| 740+ | 7.49% | 8.24% | 9.74% | 10.24% |
| 680-739 | 8.74% | 9.99% | 10.49% | 11.99% |
| 640-679 | 9.99% | 10.24% | 11.74% | 12.24% |
| 600-639 | 10.24% | 11.49% | 12.99% | 13.49% |
Secured Loans: Boats and RVs. Rates apply to model years 2022, 2021, 2020, and 2019. Loan maximum is $50,000. Term limits apply based on model years.
| Credit Bureau Score* | APR 48 months | APR 60 months | APR 72 months |
| 740+ | 8.24% | 9.49% | 10.74% |
| 680-739 | 9.49% | 10.74% | 11.99% |
| 640-679 | 10.74% | 11.99% | 12.24% |
| 600-639 | 11.24% | 12.49% | 13.74% |
- Boats and RVs must be registered in upstate New York
- Maximum mileage: 150,000
Personal Loans: Personal, computer, short-term, etc.
| Credit Bureau Score* | APR** 12 months | APR** Up to 24 months | APR** Up to 36 months | APR** Up to 48-60 months |
| 740+ | 9.24% | 9.49% | 9.99% | 10.24% |
| 680 – 739 | 9.74% | 10.24% | 10.49% | 11.74% |
| 640 – 679 | 11.24% | 12.49% | 13.49% | 14.49% |
| 600 – 639 | 13.99% | 15.24% | 15.49% | 15.74% |
| 550 – 599 | 16.00% | 16.00% | 16.00% | 16.00% |
| 549 or less | 16.00% | 16.00% | 16.00% | 16.00% |
Payment Example: $122 a month based on 5-year term, $5,000 loan at 15.49% APR
Credit Cards:
| Credit Bureau Score* | APR |
| 740+ | 10.99% |
| 680-739 | 12.99% |
| 640-679 | 14.99% |
| 600-639 | 16.99% |
| 599 or less | 17.99% |
Other Loans*
| Loan Description | Term | APR |
| Back on Track Loan For expenses such as medical, dental, veterinary or car repairs. Documentation required. Maximum loan $4,000.00 | Up to 48 months | 9.00% |
| Score Builder Maximum loan $2,500.00. An equal amount to the borrowed is placed in a share certificate and the loan rate is 2% APR above what the shares are earning. | Up to 24 months | +2.00% |
| Line of Credit No annual fee. With or without Alternatives VISA Debit Card. | Revolving | 14.25% |
| Share Secured Loan An equal amount to the amount borrowed is placed in a Share Certificate and the loan rate is 2.00% above what the shares are earning. | Up to 60 months | +2.00% |
| TransAction Loan: A personal loan for expenses related to gender-affirming care | Up to 60 months | rate varies by term |
| TransAction Line of Credit: Line of credit for expenses related to gender-affirming care | Revolving | 11.20% |
*The credit bureau score is a calculation of the likelihood of the borrower paying on time. The scoring is done by the credit bureau on a huge database of credit reports. If you have insufficient credit history for a credit score, you will be assigned the rate for credit scores 600-639.
**APR=Annual Percentage Rate. All loans are subject to approval. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. Please contact a Loan Officer for further information about applicable fees and terms.
Fixed Rate Mortgages
We offer a range of home loan options to fit different needs and situations, including:
- Conventional Fixed Rate (30-, 20-, and 15-year terms)
- FHA Loans
- VA Loans
- USDA Loans
For current mortgage rates, visit our live rates page: View Current Mortgage Rates
Payment Example: A mortgage in the amount of $150,000 with an APR of 6.5% would require a monthly payment of $948.10 (principal and interest). This example does not include homeowners’ insurance premiums or property taxes. Your actual payment will be higher.
All loans subject to approval.
Questions about home loans? Email us at homeloans@alternatives.org.
Adjustable Rate Mortgages
| Type | Term |
| 5/5 | 15 – 30 years |
Adjustable rate mortgages are available with no closing costs; rate is .375% higher than above rates.
Monthly Payment Example: A loan amount of $95,000.00 with an introductory 5% Annual Percentage Rate, (APR), subject to credit score and LTV rate guidelines for a 5/5 ARM( Adjustable Rate Mortgage), principal and interest alone could be as low as $624.00 a month for the first 5 years of the loan, then after the initial fixed 5 year period, rates are subject to adjust yearly thereafter by 2%, but not exceeding 6%. So, for example: the interest rate could be as high as 11% if the introductory rate was starting at 5%, and this would make principal and interest payments as high as $1,019.00. Please note homeowners’ insurance including homeowners’ insurance premiums and/or taxes are not included within this example. Rates are subject to change at any time.
All loans subject to approval.
Second Mortgages
| Type | Rate / APR | Term |
| 90% Fixed Rate | Fixed at 7% | 10 or 15 years |
| 80% Fixed Rate | Fixed at 6.5% | 10 or 15 years |
| 90% HELOC | Yearly adjustable rate – the first year starts at 7.0% | 20 years |
| 80% HELOC | Yearly adjustable rate – the first year starts at 6.5% | 20 years |
All loans subject to approval.