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APY = Annual Percentage Yield. APR = Annual Percentage Rate. Rates effective as of 2/25/2021. Fees may reduce earnings.

Deposit Rates

Certificate Shares Learn More

Term Balance required for rate Dividend rate APY
3 months $500 0.05% 0.05%
6 months $500 0.05% 0.05%
12 months $500 0.05% 0.05%
24 months $500 0.05% 0.05%
36 months $500 0.05% 0.05%
48 months $500 0.05% 0.05%
60 months $500 0.05% 0.05%

Penalty for early withdrawal.

Savings Accounts Learn More

Account Balance required for rate Dividend rate APY
Club Account, Homebuyers Club Account $100 0.05% 0.05%
Lucky Savers $25 0.05% 0.05%
Student Credit Union Youth Savings $1 0.05% 0.05%

Regular Share Savings Learn More

Balance required for rate Dividend rate APY
$5 to $9,999.99 0.01% 0.01%
$10,000 to $19,999.99 0.01% 0.01%
$20,000 and over 0.05% 0.05%


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%

Checking/Share Draft Learn More

Balance required for rate Dividend rate APY
$5 to $9,999.99 0.01% 0.01%
$10,000 to $19,999.99 0.01% 0.01%
$20,000 and over 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 Learn More

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 0.15% 0.15%

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.

Loan Rates

Newer Auto and Other Secured Loans* Learn More

Credit score Up to 36 months APR Up to 48 months APR 60 months APR 72 months APR
740+ 2.99% 3.74% 3.99% 4.24%
680 - 739 3.49% 4.24% 4.49% 4.74%
640 - 679 4.49% 5.24% 5.49% 5.74%
600 - 639 6.99% 7.74% 7.99% 8.24%
550 - 599 9.99% 10.24% 10.49% 10.74%
549 or less 14.99% 15.24% 15.49% N/A

** We use these rates above to qualify you for a loan, however, we will cut your rate in HALF during our special "Cut Your Rate in Half" Auto Loan promotion. Click here to learn more.

Autos, boats, motorcycles, etc. 2014 and newer. Loan maximum: $50,000.

*All loans subject to approval.

Older Auto and Other Secured Loans* Learn More

Credit Score Up to 36 months APR Up to 48 months APR
740+ 6.99% 7.24%
680 - 739 7.49% 7.74%
640 - 679 8.49% 8.74%
600 - 639 10.99% 11.24%
550 - 599 12.99% 13.24%
549 or less 17.99% 18.00%

** We use these rates above to qualify you for a loan, however, we will cut your rate in HALF during our special "Cut Your Rate in Half" Auto Loan promotion. Click here to learn more.

Autos, boats, motorcycles, etc. years 2011, 2012, and 2013. Loan maximum: $25,000

  • 0.25% discount for direct deposit
  • 0.25% discount for automatic payment from a direct deposit or Alternatives Federal Credit Union account.
  • Loyal member discount 0.25%. Member must meet criteria:
    • One or more previous Mortgage or Business loans with no payments more than 30 days late
  • Maximum discount 0.50%
  • 72-month loan terms are limited to loans of $20,000 or greater and up to four model years old.
  • Autos, boats and motorcycles must be registered in Upstate New York.

*All loans subject to approval.

Signature Loans* Learn More

Credit Score 12 months APR 24 months APR 36 months APR 48-60 months APR
740+ 5.99% 7.24% 8.24% 9.24%
680 - 739 7.99% 9.24% 10.24% 11.24%
640 - 679 9.99% 11.24% 12.24% 13.24%
600 - 639 11.99% 13.24% 14.24% 15.24%
550 - 599 18.00% 18.00% 18.00% 18.00%
549 or less 18.00% 18.00% 18.00% 18.00%
  • For personal loans, autos 2010 and older, computers, short-term, etc.
  • 0.25% discount for direct deposit
  • 0.25% discount for automatic payment from a direct deposit or Alternatives Federal Credit Union account.
  • Loyal member discount 0.25%. Must meet the criteria:
    • One or more previous Mortgage or Business loans with no payments more than 30 days late.
  • Maximum discount is 0.50%.
  • Liens may be placed on collateral, including vehicles older than 2009, but personal rates apply.
  • Debt consolidation loans over $20,000 and/or 24-month term may be subject to a 2.00% rate increase.

*All loans subject to approval.

Other Loans*

Loan description Term APR
Back on Track Loan
For emergency needs. Documentation required. Maximum loan $4,000.00
Up to 48 months 8.00%
Credit Builder
For first time borrowers. Maximum loan $1,000. Includes discounts for direct deposit and automatic payment.
Up to 18 months 14.00% - 14.25%
Energy Efficiency/Solar Loan
For energy efficiency improvements to your primary residence. Maximum loan $25,000. 
up to 15 years 5.49-6.49%
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 loan rate is 2.00% above what the shares are earning.
Up to 60 months Varies

*All loans subject to approval.

Fixed Rate Mortgages* Learn More

Term Rate APR
30 year 4.250% 4.322%
20 year 4.000% 4.098%
15 year 3.750% 3.875%
10 year 3.750% 3.930%

*The Annual Percentage Rates (APR) above are based on a specific loan amount of $100,000 for the purchase of a single family primary residence. All loans subject to approval. 

Adjustable Rate Mortgages*

Type Term Rate APR
5/5 15 - 30 years 3.375% 3.685%
7/1 15 - 30 years 3.875% 3.946%
10/1 15 - 30 years 3.750% 3.820%

Adjustable rate mortgages are available with no closing costs; rate is .375% higher than above rates.

*All loans subject to approval.

Second Mortgages*

Type Rate Term
Home Equity Line of Credit Adjustable 1 year
Maximum 80% Loan to Value with all outstanding liens 4.00% 15 years
Maximum 90% Loan to Value with all outstanding liens 4.50% 15 years
Energy Efficiency/Solar Loan 
For energy efficiency improvements to your primary residence. Maximum loan $100,000. Maximum 90% Loan to Value with all outstanding liens
4.49% 10-15 years
Fixed Rate Home Equity 
Maximum 90% Loan to Value with all outstanding liens
5.00% 15 year max

*All loans subject to approval.

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