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.
Truth-in-Savings Disclosures:
