Interest Rates

Effective 4/1/17

Money Market & Business Edge Money Market

Minimum Deposit

Minimum Daily Balance to obtain APY

Average Daily Balance to avoid service fee*

Dividend Rate

Annual Percentage Yield Rate (APY)

Savings, IRA Savings & Business Edge Savings

Account Type

Minimum Deposit

Minimum Daily Balance to obtain APY

Average Daily Balance to avoid service fee*

Dividend Rate

Annual Percentage Yield Rate (APY)

Checking & Business Edge Checking

Account Type

Minimum Deposit

Minimum Daily Balance to obtain APY

Average Daily Balance to avoid service fee*

Dividend Rate

Annual Percentage Yield Rate (APY)

The Dividend Rate and Annual Percentage Yield is a prospective rate and may change daily as determined by the Credit Union's Board of Directors.

(*) See current Schedule of Fees and Charges. Certain fees waived for Platinum and Premier members, or when householding minimums have been met. Fees or other conditions could reduce earnings on the accounts. Full terms and conditions for Orange County's Credit Union's deposit accounts are set forth in the Deposit Account Agreement & Truth-in-Savings Disclosure. For more information, please call our Call Center at (714) 755-5900.

(**) The disclosed Dividend rates and APYs were accurate as of the "effective" date set forth above. If a Term Share Certificate account were opened, the disclosed Dividend Rate and APY would be paid for the length of the term listed for such account. Early withdrawal penalties may be imposed. These rates are subject to change without notice.

Certificates, IRA Certificates & Business Edge Certificates

Account Term

Minimum Deposit

Dividend Rate

Annual Percentage Yield Rate (APY)

(*) The disclosed Dividend rates and APYs were accurate as of the "effective" date set forth above.

If a Term Share Certificate account were opened, the disclosed Dividend Rate and APY would be paid for the length of the term listed for such account.

Early withdrawal penalties may be imposed. These rates are subject to change without notice.

(**)Not available for IRA accounts.

Vehicle Loans

Autos

Amount Financed****

Maximum Term*

APR**

New Auto

up to 100% LTV 84 Months 2.49 - 11.64%

Used Auto

up to 100% LTV 72 Months 2.49 - 10.99%***

Vehicles with more than 5,000 miles will be classified as used auto. Minimum vehicle year is 2009.
*Maximum term not available on all loan amounts. Contact Orange County's Credit Union for details.
**APR=Annual Percentage Rate and is determinded by your credit qualifications. The APR of 2.24% is for up to 60 months and includes 0.25% discount for Automatic Payments via OCCU Account or Payroll Deductions.
***Mileage that exceeds 100,000 may cause an increase in interest rate (certain restrictions apply).
****We may finance up to 100% of purchase price including tax, license and warranty. If Amount Financed exceeds vehicle value it may cause an increase in interest rate (certain restrictions apply). We use M.S.R.P. (Manufacturer Suggested Retail Price) value for new vehicles and Retail Kelley Blue Book value for used vehicles. The Credit Union reserves the right to limit loan to value (LTV) on all vehicles based on individual credit worthiness.

No Salvaged, Classic, Gray Market or Lemon Law Buy Back vehicles. Please contact Credit Union for details.
Exotic vehicles will incur a 1% interest rate increase; please contact contact Orange County's Credit Union for details.
There's a $50.00 fee for an OCCU Auto Refinance. There's a $25.00 fee for all Private Party Transactions. These fees are included in the APR calculation.
NOTE: The rates listed above are for personal vehicle loans. For vehicles financed for business use or under a business name, please contact us for pricing, (888), 354-6228 ext. 7437.



1st Time Auto Buyer

 

Amount Financed

Maximum Term

APR***

New/Used

up to 90% LTV* 60 Months 4.24%

New/Used

up to 100% LTV** 60 Months 4.24%

*Max loan amount equal to 75% of annual income not to exceed $20,000.
**Max loan amount equal to 50% of annual income not to exceed $20,000.
We use M.S.R.P. (Manufacturer Suggested Retail Price) value for new vehicles and Retail Kelley Blue Book value for used vehicles. The Credit Union reserves the right to limit loan to value (LTV) on all vehicles based on individual credit worthiness.
***APR is determined by your credit qualifications and includes 0.25% discount for Automatic Payments via OCCU Account or Payroll Deductions. APR=Annual Percentage Rate

This program requires automatic payments, proof of insurance and proof of income before funding.
Minimum 1 year employment and 1 year residency required to qualify; other underwriting guidelines apply.


Auxiliary Loan Products

Large RVs

Amount Financed***

Maximum Term*

APR**

New

80% LTV of purchase price 144 Months 6.99 - 17.99%

Used

80% LTV of Retail Book Value 144 Months 7.49 - 18.49%

Includes Motor Home, Travel Trailers, and Van Conversions.

Other RVs

Amount Financed***

Maximum Term*

APR**

New

80% LTV of purchase price 120 Months 6.99 - 17.74%

Includes Boats and Yachts.

Small RVs

Amount Financed***

Maximum Term*

APR**

New

80% LTV of purchase price 48 Months 12.75 - 21.00%

Includes Wave Runners, ATVs, Jet Ski's and Seadoos.

Motorcycles

Amount Financed***

Maximum Term*

APR**

New

80% LTV of purchase price 48 Months 6.99 - 17.24%

New

100% LTV of purchase price 48 Months 7.49 - 17.74%

Used

80% LTV of Kelley BLue Book value 48 Months 7.99 - 18.24%

Includes Cruiser, Touring, Sport Touring and Standard.

New as indicated on purchase order from dealer / Used all other purchases.
*Maximum term not available on all loan amounts. Contact Orange County's Credit Union for details.
**APR is determined by your credit qualifications and includes 0.25% discount for Automatic Payments via OCCU Account or Payroll Deductions. APR=Annual Percentage Rate
The Credit Union reserves the right to limit loan to value (LTV) on all vehicles based on individual credit worthiness.

There's a $50.00 fee for an OCCU vehicle refinance. There's a $25.00 fee for all Private Party Transactions. These fees are included in the APR calculation.
NO CASH OUT!
All rates incldue a discount of 0.25% for Platinum status Member. Platinum Member rates require a combined household Credit Union balance of $50,000 + for loans and deposits or has been a Member for 20 years.



Unsecured Loan

 

APR

Features

Line of Credit

13.40 - 21.00% based on your credit worthiness and other factors. Convenient source of cash for emergencies.

Penalty Fees

Late Payment Fee



Returned Payment Fee
5% of the sum of scheduled payments due or $5.00, whichever is greater, if pyament is not received within
10 days.

$18.00

How We Will Calculate Your Balance: We will use a balance computation method called daily balance.
How We Will Calculate Your Payment: It is 3% of the outstanding balance at the end of the month (Minimum $32).



Personal Loans

 

Maximum Term

APR**

Features

Personal Loan

up to 48 Months 9.00 - 18.00%**
Features: Perfect for financing a personal computer, paying taxes, consolidating higher interest bills, or planning a family vacation. Borrow up to $25,000

up to 60 Months 10.00 - 19.00%**

**APR is determined by your credit qualifications and includes 0.25% discount for Automatic Payments via OCCU Account or Payroll Deductions. APR=Annual Percentage Rate
The Credit Union reserves the right to limit loan amount based on individual credit worthiness.

All rates incldue a discount of 0.25% for Platinum status Member. Platinum Member rates require a combined household Credit Union balance of $50,000 + for loans and deposits or has been a Member for 20 years.



Additional Loan Programs

 

Amount Financed***

Maximum Term*

APR**

Features

Share Secured

Match up to 100% of funds on deposit in an OCCU Share Account up to 60 Months Share Rate + 3%


Convenient source of cash for emergencies without depleting your Share funds.

Term Share Secured

Match up to 90% of funds on deposit in an OCCU Term Share Account Match Term Share Account Maturity Term Share Rate + 3%


Rates are based on several factors, including loan type, amount, term and your credit rating. Some Members will be approved at rates higher than quoted above in some circumstances. The minimum monhtly payment for an auto loan is $100.00.
Rates are subject to change daily.


All program rates are subject to change without notice.



For our first Mortgage Rates, click here.

Home Equity Loan (Fixed Rate) 15 Year Term

Loan Amount

Loan to Value

Rate/APR*

Second Home +0.25 to rate

* APR is Annual Percentage Rate and is based on a loan amount of $150,000. All property must be located within the State of California. Real Estate rates and terms are subject to change daily. All loans are subject to approval. Not all members will qualify.

Home Equity Loan (Fixed Rate) 20 Year Term

Loan Amount

Loan to Value

Rate/APR*

Second Home +0.25 to rate

* APR is Annual Percentage Rate and is based on a loan amount of $150,000. All property must be located within the State of California. Real Estate rates and terms are subject to change daily. All loans are subject to approval. Not all members will qualify.

Home Equity Line of Credit (Variable Rate)

Loan Amount

Loan to Value

Draw Period

Rate/APR*

Second Home +0.25 to rate/margin

* APR is Annual Percentage Rate and is based on a loan amount of $150,000. All property must be located within the State of California. Real Estate rates and terms are subject to change daily. All loans are subject to credit approval. Not all members will qualify for maximum loan amount or introductory rate. Payment is 1% of balance.

  • Rate Cap of 12%
  • Floor rate of 3.99%
  • Quarterly rate change
  • Payment - 1% of Balance
  • $50.00 Annual Fee After 1st. year
  • Annual Fee waived for Platinum members
  • Annual Fee $25.00 for Premier members