APY = Annual Percentage Yield. APR = Annual Percentage Rate. Rates effective as of 10/08/2020. 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 | 0.10% | 0.10% |
| 12 months | $500 | 0.20% | 0.20% |
| 24 months | $500 | 0.25% | 0.25% |
| 36 months | $500 | 0.30% | 0.30% |
| 48 months | $500 | 0.35% | 0.35% |
| 60 months | $500 | 0.50% | 0.50% |
Penalty for early withdrawal.
Savings Accounts Learn More
| Account | Balance required for rate | Dividend rate | APY |
| Club Account, Homebuyers Club Account | $100 | 0.25% | 0.25% |
| Lucky Savers | $25 | 0.25% | 0.25% |
| Student Credit Union Youth Savings | $1 | 0.15% | 0.15% |
Regular Share 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 | 0.10% | 0.10% |
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 | 1.50% to 0.80% | 1.50% to 0.80% |
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 | 0.05% | 0.05% |
| $20,000 and over | 0.10% | 0.10% |
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 | 3.00% to 0.58% | 3.00% to 0.58% |
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 | 0.10% | 0.10% |
| $10,000 to $19,999.99 | 0.10% | 0.10% |
| $20,000 and over | 0.25% | 0.25% |
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
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 |
Autos, boats, motorcycles, etc. 2013 and newer. Loan maximum: $50,000.
*All loans subject to approval.
Older 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% |
Autos, boats, motorcycles, etc. years 2010, 2011, and 2012. 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+ | 5.990% | 7.240% | 8.240% | 9.240% |
| 680 - 739 | 7.990% | 9.240% | 10.240% | 11.240% |
| 640 - 679 | 9.990% | 11.240% | 12.240% | 13.240% |
| 600 - 639 | 11.990% | 13.240% | 14.240% | 15.240% |
| 550 - 599 | 18.000% | 18.000% | 18.000% | 18.000% |
| 549 or less | 18.000% | 18.000% | 18.000% | 18.000% |
- 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%. 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 2008, 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.
Truth-in-Savings Disclosures:
