Rates

EFFECTIVE RATE DATE: March 14, 2019

*APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.
**To qualify got 1.99% fixed APR for 60 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 60-month term payment example: A 5-year loan at 1.990% fixed APR with zero down payment will have 60 monthly payments of $17.52 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
***Up to 125% financing for new automobiles and 110% for used/classic automobiles of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.
**To qualify got 2.75% fixed APR for 60 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 60-month term payment example: A 5-year loan at 2.75% fixed APR with zero down payment will have 60 monthly payments of $17.86 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
***Up to 125% financing for new motorcycles and 110% for used/classic motorcycles of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.
**To qualify got 3.500% fixed APR for 84 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 84-month term payment example: A 7-year loan at 3.500% fixed APR with zero down payment will have 84 monthly payments of $13.44 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
***Up to 125% financing for new boats/watercraft and 110% for used/classic boats/watercraft of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.
**To qualify got 3.500% fixed APR for 84 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 84-month term payment example: A 7-year loan at 3.500% fixed APR with zero down payment will have 84 monthly payments of $13.44 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
***Up to 125% financing for new motor home/travel trailer and 110% for used/classic motor home/travel trailer of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.
**To qualify got 7.500% fixed APR for 84 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 84-month term payment example: A 7-year loan at 7.500% fixed APR with zero down payment will have 84 monthly payments of $15.34 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
***Up to 125% financing for new aircraft and 110% for used/classic aircraft of retail value, plus tax, license, document fees and service maintenance contracts, on approved credit.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. 5.00% Fixed APR is based on a loan term of up to 84 months. Minimum loan amount $5,000. Up to 70% combined loan to value (CLTV) and a max term of 15 years for non-owner occupied properties. Up to 80% CLTV and 20-year term on owner occupied properties. Loans available on 1-4 dwellings. Equity loans available in the following states only: California, Arizona, Colorado, Idaho, Montana, Nevada, Oregon and Utah. Payment example: a $35,000 loan with a 5.00% fixed APR for 84 months would cost $14.14 per $1,000 borrowed. $500.00 fee for early termination if closed prior to two (2) years. Property hazard insurance is required. All loans are subject to creditworthiness. All rates and terms are subject to change without
notice. Other restrictions may apply, ask for details.

EFFECTIVE RATE DATE: February 7, 2019

**APR = Annual Percentage Rate. 6.00% Variable APR. Variable rates may increase or decrease during the term of the agreement. Maximum life APR cap is 15.99%. Up to 80% combined loan to value for owner occupied properties located in California only. Requires a minimum draw of $5,000.00 at funding. If balance is at zero, a yearly draw of $100.00 is required to avoid the non-usage fee of $75.00. $500.00 fee for early termination if closed prior to two (2) years. Property hazard insurance is required. All loans are subject to creditworthiness. All rates and terms are subject to change without notice. Other restrictions may apply, ask for details.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.

STATEMENT OF THE MILITARY ANNUAL PERCENTAGE RATE (MAPR)
Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). For further important information required under the Military Lending Act pertaining to your payment obligations, please call (877) MY-LAPFCU (877-695-2732), option 4.

How We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).”

The information is accurate as of date shown above and is subject to change. Please contact LAPFCU for any changes since this date at 877-MY-LAPFCU (877-695-2732), or write us at P.O. Box 10188, Van Nuys, CA 91410 – 0188.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.

STATEMENT OF THE MILITARY ANNUAL PERCENTAGE RATE (MAPR)
Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). For further important information required under the Military Lending Act pertaining to your payment obligations, please call (877) MY-LAPFCU (877-695-2732), option 4.

How We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).”

The information is accurate as of date shown above and is subject to change. Please contact LAPFCU for any changes since this date at 877-MY-LAPFCU (877-695-2732), or write us at P.O. Box 10188, Van Nuys, CA 91410 – 0188.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Loss of Introductory APR: We may end your introductory APR and apply the Penalty APR if you make a late payment.

STATEMENT OF THE MILITARY ANNUAL PERCENTAGE RATE (MAPR)
Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). For further important information required under the Military Lending Act pertaining to your payment obligations, please call (877) MY-LAPFCU (877-695-2732), option 4.

How We Will Calculate Your Balance: We will use a method called “average daily balance (including new purchases).”

The information is accurate as of date shown above and is subject to change. Please contact LAPFCU for any changes since this date at 877-MY-LAPFCU (877-695-2732), or write us at P.O. Box 10188, Van Nuys, CA 91410 – 0188.

*APR= Annual Percentage Rate. For sworn and civilian law enforcement personnel of county or municipal police departments or sheriff’s offices in Los Angeles County who apply during their first year of employment or rehiring. A 4-year fixed rate term payment example (rate effective March 3, 2021): A 4-Year personal loan at 3.99% fixed APR with 60-day payment deferral will have 48 monthly payments of $22.65 for each $1,000 borrowed. Finance charges will be assessed the day the loan is funded. The Five-O Funds loan has a minimum loan amount of $500 and a maximum loan amount of $5,000. The term of the loan can be up to a 4-Years (48 months). Must be a Los Angeles Police Federal Credit Union member in good standing and cannot currently be in bankruptcy. You may only apply for and receive this loan once. Must provide proof of employment with a law enforcement agency. All rates and terms are subject to change without notice. Other restrictions may apply, ask for complete details. May not be combined with any other offer. The Member Benefits 0.50% APR rate reduction does not apply to Five-O Funds loan.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. Minimum loan amount of $500 and the maximum loan amount of $100,000. To qualify for 9.150% fixed APR for 48 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant's credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to https://www.lapfcu.org/member-benefits/ for complete details. 48-month term payment example: A 4-year loan at 9.150% fixed APR will have 48 monthly payments of $24.96 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.
**APR = Annual Percentage Rate. Member Benefits 0.50% APR reduction includes automatic payment discount. Must qualify for Member Benefits program at time of funding. Go to Member Benefits for complete details. Any loan rate reduction will remain in place for the term of the loan. Program rate reductions may not be combined with any other promotion or offer. The following loan types are excluded from rate reductions: real estate loans, unsecured lines of credit, credit cards, share loans, and share certificate loans. Program rate reductions may not be combined with any other promotion. All rates, terms, and promotional offers are subject to change without notice. Restrictions may apply, ask for complete details.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate. This Personal Unsecured Line of Credit has a variable APR of 10.240% to 16.240% based on your creditworthiness. Variable rates may increase or decrease during the term of the loan. Maximum limit: up to $100,000. Finance charges will be assessed starting the day the charge is posted to your account. The APR will vary with the market based on the Prime Rate plus a margin. All rates and terms are subject to change without notice.

**APR = Annual Percentage Rate. This Personal Unsecured Line of Credit has a fixed APR of 11.900% to 17.900% based on your creditworthiness. Maximum limit: up to $100,000. Finance charges will be assessed starting the day the charge is posted to your account. All rates and terms are subject to change without notice.

EFFECTIVE RATE DATE: February 7, 2019

*APR = Annual Percentage Rate.
**Share Secured Loan Rates reflect a 0.25% APR discount for automatic or payroll deducted payments. Payment example: A 3-year loan at 2.50% fixed APR will have 36 monthly payments of $28.87 for each $1,000 borrowed. All rates and terms are subject to change without notice.
***The APR will be based on the dividend rate on the share certificate plus a 2.00% margin. The amortization loan terms are based on the share certificate maturity date. Payment example: A 3-year loan at 3.78% fixed APR will have 36 monthly payments of $29.43 for each $1,000 borrowed. All rates and terms are subject to change without notice.

EFFECTIVE RATE DATE: February 7, 2019

*APY = Annual Percentage Yield. LAPFCU may change the dividend rate at any time. The minimum opening deposit requirement and balance for a Regular Share account is $5.00. To avoid a monthly maintenance fee of $5.00, you must: maintain an average daily balance at least equal to $250.00 during each calendar month; or maintain two or more accounts under the same member number with LAPFCU during each calendar month – deposit or credit related; or not have reached your 24th birthday. Fees may reduce the earnings on the account.

EFFECTIVE RATE DATE: February 7, 2019

*APY = Annual Percentage Yield. LAPFCU may change the dividend rate at any time. No minimum balance required, however you must deposit a minimum of $5.00 to open the account.

EFFECTIVE RATE DATE: February 7, 2019

*APY = Annual Percentage Yield. LAPFCU may change the dividend rate at any time. No minimum balance required, however you must deposit a minimum of $5.00 to open the account.

EFFECTIVE RATE DATE: February 7, 2019

*APY = Annual Percentage Yield
**LAPFCU may change the dividend rate at any time. Each cycle the minimum requirements are met, 0.50% APY will be paid on balances between one penny and $15,000, as well as 0.05% APY paid on all amounts above $15,000 respectively. No minimum balance required, however you must deposit a minimum of $25 to open the account. If you do not meet the requirements per qualification cycle, your account will not earn dividends nor will ATM fees be reimbursed. Qualification cycles will vary from your statement period. One Performance Checking Account per member.

*APY (Annual Percentage Yield). **Each cycle the minimum requirements are met, 0.50% AnnualPercentage Yield (APY) will be paid on balances between one penny and $15,000, as well as 0.15% APY paid on all amounts above $15,000. **Rates as of date shown above. No minimum balance required, however you must deposit a minimum of $25 to open the account. If you do not meet the requirements per qualification cycle, your account will not earn dividends. ***Money Market account rates last updated per date above. Money Market accounts provide the opportunity to earn higher dividends when the daily ending balance is $2500 or more. Dividends on Money Market Accounts are calculated daily. For each day the daily ending balance is $2500 or more, the prospective Dividend Rate set forth above will be used to calculate dividends on the ending balance for that day. On any day the daily ending balance drops below $2500, the Regular Share Dividend Rate will be used to calculate dividends on the ending balance for that day.The payment of dividends is governed by our Regulatory Agency, the National Credit Union Administration (NCUA). For all accounts except Term Share Certificates, dividends are paid monthly from the Credit Union’s current income and available earnings, after the Credit Union has made any required Regulatory transfer (if applicable) to the Credit Union’s reserve account. Whenever necessary, transfers to reserve accounts are made to ensure the continued financial stability and soundness of the Credit Union. Fees or other conditions could reduce earnings on any of the listed accounts. For all Share, Checking and Money Market Accounts, the prospective Dividend Rate and prospective APY are set forth above. The Dividend Rates and APY on Regular Shares, Checking and Money Market Accounts are subject to change at any time, as determined by the Credit Union’s Board of Directors.
All Rates and Terms are subject to change without notice.

TERM SHARE CERTIFICATES – Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

*APY = Annual Percentage Yield.
**Rate bonus is applicable for new and renewing Share Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If you qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.

REGULAR JUMBO CERTIFICATES – Minimum $50,000 – $99,999 Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

*APY = Annual Percentage Yield.
**Rate bonus is applicable for new and renewing Share Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If you qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.

SUPER JUMBO SHARE CERTIFICATES – Minimum $100,000 and above Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

Share Certificate – $500.00
Share Jumbo Certificate – $50,000.00
Share Super Jumbo Certificate – $100,000.00

The Dividend Rate and APY for each Term Share Certificate Account (Regular, Jumbo and Super Jumbo) are set forth above. The Dividend Rate and APY on all Term Share Certificates are subject to change at any time, as determined by the Credit Union’s Board of Directors. If a Term Share Certificate Account were opened, the applicable Dividend Rate and APY set forth above would be paid for the length of the term listed for such account. All Rates and Terms are subject to change without notice.

*APY = Annual Percentage Yield.
**Rate bonus is applicable for new and renewing Share Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If You qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.

Youth Term Share Certificate – $100.00 minimum to open. Early withdrawal penalties may apply. Ask for complete details.

The Dividend Rate and APY for each Youth Share Certificate Account are set forth above. The Dividend Rate and APY on all Term Share Certificates are subject to change at any time, as determined by the Credit Union’s Board of Directors. If a Term Share Certificate Account were opened, the applicable Dividend Rate and APY set forth above would be paid for the length of the term listed for such account. All Rates and Terms are subject to change without notice.

*APY = Annual Percentage Yield.

REGULAR IRA CERTIFICATES – Minimum $500 – $49,999 Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

*APY = Annual Percentage Yield.
**Rate bonus is applicable for new and renewing IRA Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If You qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.

JUMBO IRA CERTIFICATES – Minimum $50,000 – $99,999 Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

*APY = Annual Percentage Yield.
**Rate bonus is applicable for new and renewing IRA Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If You qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.

SUPER JUMBO IRA CERTIFICATES – Minimum $100,000 and above Member Benefits Dividend Rate. Early withdrawal penalties may apply. Ask for complete details.

IRA Certificate – $500.00
Jumbo IRA Certificate – $50,000.00
Super Jumbo IRA Certificate – $100,000.00

The Dividend Rate and APY for each IRA Term Share Certificate Account (Regular, Jumbo and Super Jumbo) are set forth above. The Dividend Rate and APY on all IRA Term Share Certificates are subject to change at any time, as determined by the Credit Union’s Board of Directors. If an IRA Term Share Certificate Account were opened, the applicable Divided Rate and APY set forth above would be paid for the length of the term listed for such account. All Rates and Terms are subject to change without notice.

*APY = Annual Percentage Yield.
**Member Benefits rate bonus is applicable for new and renewing IRA Certificates. Any rate bonus received will remain in effect for the term of the certificate. Program Rate bonus may not be combined with any other promotion. If You qualify for Member Benefits upon certificate renewal, rate bonus will automatically be applied.