+These loan Annual Percentage Rates reflect a 0.50% APR* reduction for making loan payments by direct deposit.
Does not apply to Visa Credit Card accounts.  Your rate will increase 0.50% APR* if you discontinue direct deposit payments.)

+ To calculate the loan payment amount, increase the loan rates listed above by 0.50% APR*.  These increased rates apply to the payment amount however, interest is charged at the loan rates listed above.

On loans listed above, certain restrictions may apply.  Rates subject to change without notice.



Home Equity Loan Information:
~Rate on the Variable Rate Home Equity Line of Credit Loan is the 3 month Treasury Bill + 3.5%
~Adjustments to the Annual Percentage Rate (APR) on the Variable Rate Home Equity Line of Credit Loan will take effect quarterly on the first day of January, April, July and October.
~The APR on the Home Equity Variable Rate Line of Credit Loan will never be more than 6% above the initial APR and never lower than 5%. 

**Existing FIRSTENERGY CHOICE Federal CU closed-end home equity loans and home equity line of credit loans may be refinanced with additional new money of at least $5,000 over the outstanding loan balance at the date the loan application is received.  If new money is $10,000 or more, the Credit Union will waive up to $500 of the settlement fees on closed-end and up to $510 on open-end.  If new money is less than $10,000, settlement fees will be charged.  Member will be charged for fees incurred by the Credit union when applying for a home equity loan within three months of closing another home equity loan on the same property at the Credit Union. 

*APR - Annual Percentage Rate

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