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Rates

Community 1st Credit Union is a member-owned financial institution. As a member-owner, we can offer you great low-interest loan rates on everything from vehicles to mortgages, as well as competitive high-interest rates on savings and Certificate Accounts.

Loans

  •  Auto/Motorcycle

    Rates accurate as of March 5, 2024.

    New/Used Autos, Trucks/Motorcycles (Fixed Rate)

    Type Annual Percentage Rate
    Consumer (Model Year: 2021-2024; Terms up to 48 months) As Low As 6.09% APR*
    Consumer (Model Year: 2021-2024; Terms up to 66 months) As Low As 6.49% APR*
    Consumer (Model Year: 2019-2020; Terms up to 66 months) As Low As 6.89% APR*
    Consumer (Model Year: 2017-2018; Terms up to 60 months) As Low As 7.39% APR*
    Consumer (Model Year: 2015-2016; Terms up to 54 months) As Low As 7.89% APR*

    LONGER TERMS AVAILABLE.   ASK FOR DETAILS.   Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st. Please contact your Loan Officer for further details. New loans, only, these rates do not apply for the refinancing of present Community 1st debts, unless the new loan amount is double the present debt balance. Community 1st reserves the right to alter this program without notice. Payment examples: 

    • 6.09% APR for 48 months, and a loan amount of $25,000 - the monthly principal and interest payment would be $588.16
    • 6.49% APR for 66 months, and a loan amount of $25,000 - the monthly principal and interest payment would be $451.42
    • 6.89% APR for 66 months, and a loan amount of $25,000 - the monthly principal and interest payment would be $456.15
    • 7.39% APR for 60 months, and a loan amount of $25,000 - the monthly principal and interest payment would be $499.64
    • 7.89% APR for 54 months, and a loan amount of $25,000 - the monthly principal and interest payment would be $551.51

    *ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.  Rates based on creditworthiness, your rate may differ. 

  •  Recreation Vehicles

    Rates accurate as of March 5, 2024.

    New/Used Boats, RVs, Travel Trailers (Fixed-Rate)

    Type Annual Percentage Rate
    Consumer As Low As 7.69% APR*

    Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st. Please contact your Loan Officer for further details. New loans, only, these rates do not apply for the refinancing of present Community 1st debts, unless the new loan amount is double the present debt balance. Community 1st reserves the right to alter this program without notice. 

    *ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.  Rates based on credit worthiness, your rate may differ. 

    Powersports/Equipment (Fixed-Rate)

    Type Annual Percentage Rate
    Consumer As low as 8.49% APR*

    Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st. Please contact your Loan Officer for further details. New loans, only, these rates do not apply for the refinancing of present Community 1st debts, unless the new loan amount is double the present debt balance. Community 1st reserves the right to alter this program without notice.

    *ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.  Rates based on credit worthiness, your rate may differ.

  •  Personal Loans

    Rates accurate as of March 5, 2024.

    Personal Loans (Fixed-Rate)

    Type Annual Percentage Rate
    Consumer As Low As 10.49% APR*
    Payday Alternative Loan As low as 19.00% APR**

    *Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st . Please contact your Loan Officer for further details.  ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time. 

     

    **You must be 18 years or older and a C1st member for at least 30 days. Maximum loan term of 6 months.  Other restrictions may apply.  Subject to credit approval and program qualifications.  APR is Annual Percentage Rate.  

    Personal Line of Credit (Variable-Rate)

    Type Annual Percentage Rate
    Personal Line of Credit (Variable-Rate) 12.90% to 19.65% APR*

    Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st.  Please contact your Loan Officer for further details.  Community 1st reserves the right to alter this program without notice.  

    *ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.  Rates based on credit worthiness, your rate may differ. 

    Share/CD Secured Loans

    Type Annual Percentage Rate
    Consumer As low as 4.75% APR*

    2% above the rate of a secured share savings account, or 2% above the rate of a secured certificate of deposit. *ANNUAL PERCENTAGE YIELD.  Terms and qualifications apply.  Advertised rates are subject to change at any time.

Mortgage

  •  Mortgage Rates

    Rates accurate as of April 16, 2024.

    Secondary Market Loans - Fixed Rate

    Type Rate APR** Points Payment Per $1,000

    15 Year Fixed

    6.500%

    6.680%

    No Points

    		 $8.71
    30 Year Fixed 6.750% 6.861% No Points $6.49
    Veterans Affairs (VA) Fixed-Rate Mortgage 6.500% 6.733% No Points $6.32


    In-House Loans (Underwritten & Serviced by C1st)

    Type Rate APR** Points Payment Per $1,000

    3/1 ARM*

    6.625%

    7.604%

    No Points

    		 $6.40
    5/1 ARM* 6.750% 7.494% No Points $6.49
    7/1 ARM* 6.875% 7.441% No Points $6.57
    10/1 ARM* 7.000% 7.400% No Points $6.65
    15 Year Fixed 6.750% 6.912% No Points $8.85
    20 Year Fixed 6.875% 7.005% No Points $7.68

    Land/Lot Loans

    Type Annual Percentage Rate
    Up to 20 Acres, Maximum Term of 15 Years As Low As 6.75% APR*

    Maximum of 80% Loan-to-Value (LTV). 15-year maximum term. Up to 20 acres. 1st lien position only. Additional closing costs may apply. Loan interest rate and approval are subject to qualified credit, account balance, and product usage with Community 1st Credit Union.  Payment example: 6.750% APR for 15 years, and a loan amount of $50,000 - the monthly principal and interest payment would be $442.85. Please contact your Loan Officer for further details. *ANNUAL PERCENTAGE RATE. Terms and qualifications apply. Advertised rates are subject to change at any time.

    Assumptions
    Loan Information:
    Financing Type – Conventional
    Amount - $120,000
    Purchase Price - $150,000
    State – Iowa
    County – Wapello
    City – Ottumwa
    Escrow/Impounds – Yes
    Loan Purpose – Purchase
    Property Use – Primary Residence
    Property Type – Existing single family home
    Lock Period – 60 Day

    Important Notices:
    *ARM: Adjustable Rate Mortgage. Available for a 30-year amortization, fixed for the first 3, 5, 7 or 10 years then may adjust annually, up or down, for the remainder of the loan term (up to maximum changes of 2% per year, or 5% over the life of the loan), which may cause monthly payments to vary. ARM rate floor of 4.00%. If the original rate is lower than 4.00% then the original rate is the floor. 
     
    **APR: Annual Percentage Rate. Actual APR may be higher, based on loan amount, credit eligibility and credit union lending policies.  These terms and rates are for owner-occupied, primary residence mortgage loans only with 20% down. Rate based on loans for $120,000, with a purchase price of $150,000 and a 60-day lock period. May be additional third-party fees.      Payment does not include taxes and insurance. Ask your Mortgage Originator for further details.  Construction Loan rate is 0.75% over the qualifying 15 or 20 year fixed rate. Loan rates are subject to change without notice. Terms and qualifications apply.

    Secondary Market Loans are not serviced or managed by Community 1st Credit Union after the loan origination process is completed.

Home Equity

  •  Home Equity Line of Credit (HELOC)

    Rates accurate as of September 29, 2023.

    Home Equity Line of Credit

    Type Amount Financed Annual Percentage Rate
    6-Month Intro Rate is 1.00% APR*
    HELOC (Variable-Rate) As Low As 8.50% APR*
    HELOC Flex (Fixed-Rate) As Low As 7.49% APR*

    *APR: Annual Percentage Rate. Introductory rate offer is effective as of 7/28/2023 and subject to change at any time. Offer is available for new home equity lines of credit (HELOC) for owner-occupied, single-family residential properties. (Current loans must be from another financial institution to refinance.) After the initial 6 months, the APR will become variable. Currently, the fully indexed rate after introductory period is 8.50% APR (WSJP + 0%) and is based on a minimum credit score of 740 and up to 90% Loan to Value (LTV). Other rates and terms apply based on the credit score and LTV. Maximum APR is 18%. The monthly payment will be 1.00% of the principal balance of the loan (applied to principal and interest, $100 minimum payment). The member has the option of choosing up to 2 fixed-rate lock requests at our disclosed rate for a period of 5, 10 or 15 years. Closing costs range from $0 (for new HELOC with $10,000 minimum initial advance) up to $720 (for existing HELOC or those with less than $10,000 initial advance) plus appraisal fees which may range from $495 to $650. This special offer requires a minimum draw of $500. Limited-time offer. Property insurance required. Subject to credit approval and qualifications. Consult a tax advisor regarding the deductibility of interest.

  •  Home Equity Loan

    Rates accurate as of December 4, 2023.

    Home Equity Loan (Fixed-Rate)

    Type Annual Percentage Rate
    Closed-End, Fixed-rate As Low As 7.49% APR*

    *ANNUAL PERCENTAGE RATE.   7.49% APR available on Loan to Value (LTV) of 90% or less and a 5 year term.  Higher rates apply for a higher LTV and longer terms. Loan amount of $15,000 at a rate of 7.49% APR for 60 months would have a monthly payment of $300.50.  See a C1st Lender for further details.  Some restrictions may apply.  Higher rates may apply for longer term options. Current loans must be from another financial institution to refinance.   Consult a tax advisor regarding the deductibility of interest.  Terms/qualifications.   Effective as of 9/29/2023. Limited time only.   Rates subject to change at any time.

Savings

  •  Savings Accounts

    Savings Accounts

      

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    Primary Savings 0.15% 0.15%             

    $5

                    		             

    $5

                
    Secondary Savings 0.15% 0.15% - -
    ClubGo Savings 1.00% 1.00% $1,000 $1,000
    Christmas Club 0.20% 0.20% - -
    C1st Saver: Qualifications Met** 0.50% 0.50% - $0.01
    C1st Saver: Qualifications Met** 0.25% 0.25% - $15,001
    C1st Saver: Qualifications Not Met** 0.03% 0.03% - -

    *APY is Annual Percentage Yield.  Dividends will be compounded and credited quarterly (rather than monthly). If during any time your account falls below the required minimum daily balance, your account will be subject to a service fee. Fees could reduce earnings on the account.  Rates may vary after the account is opened. APY accurate as of the last dividend declaration date.  Rates subject to change at any time.

    **A C1st Saver account must be linked to either a C1st Cash or C1st Cash Back checking account. To qualify per monthly qualification cycle, you must: 1) make 12 debit card (non-ATM) transactions; 2) be enrolled in and log into digital banking at least once per cycle; 3) be enrolled in and receive eStatements.  QUALIFICATION CYCLE: To qualify, all transactions must post and clear your account during the monthly cycle which is defined as the calendar month; beginning on the first day of the current calendar month through the last day of the current calendar month.  Balances up to $15,000 in C1st Saver receive an APY of 0.50%.  Balances over $15,000 in a C1st Saver earn 0.25% APY on the portion of the balance over $15,000, resulting in 0.50% APY to 0.28% APY depending on the balance.  If qualifications are not met in either checking account, all balances in the C1st Saver earn 0.03% APY.

  •  Money Market Account

    Money Market Account

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    Money Market 0.70% 0.70% $2,500 $2,500
    Money Market 0.85%

    0.85%

    $2,500

    		 $25,001
    Money Market 1.14%

    1.15%

    $2,500

    		 $50,001
    Money Market 1.39%

    1.40%

    $2,500

    		 $100,001
    Money Market 1.74%

    1.75%

    $2,500

    		 $250,001

    *APY is Annual Percentage Yield.  Dividends will be compounded monthly. Dividends are calculated by the daily balance method. The minimum daily balance to earn must be maintained each day to obtain the disclosed annual percentage yield (fee if drops below min.). Fees could reduce earnings on the account.  Rates may vary after the account is opened. APY accurate as of the last dividend declaration date.  Rates subject to change at any time.

  •  IRA Share

    IRA Shares

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    IRA 0.90% 0.90% $100 $100

    *APY is Annual Percentage Yield.  Dividends will be compounded and credited quarterly. Dividends are calculated by the daily balance method (fee if drops below min.). Withdrawals may be subject to early withdrawal penalties, and to tax and penalty, according to IRS Regulations. Fees could reduce earnings on the account.  Rates may vary after the account is opened. APY accurate as of the last dividend declaration date.  Rates subject to change at any time.

  •  Certificate Accounts

    Certificate Accounts

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    03 Month 0.70%

    0.70%

    		 $500 $500
    03 Month 0.85% 0.85% $500 $7,501
    03 Month 0.95%

    0.95%

    $500

    $250,001
    06 Month 1.79% 1.80% $500 $500
    06 Month 1.99% 2.00% $500 $7,501
    06 Month 2.08% 2.10% $500 $50,001

    06 Month

    		 2.18%

    2.20%

    $500

    $250,001

    12 Month Dollar Dog Certificate Account

    		2.72%

    2.75%

    $250

    $250
    12 Month 2.72% 2.75% $500 $500
    12 Month 2.77% 2.80% $500 $7,501
    12 Month 2.82% 2.85% $500 $15,001
    12 Month 2.97% 3.00% $500 $50,001

    12 Month

    		 3.07%

    3.10%

    $500

    $250,001
    18 Month 2.82% 2.85% $500 $500
    18 Month 2.87% 2.90% $500 $7,501
    18 Month 2.92% 2.95% $500 $15,001
    18 Month 3.07% 3.10% $500 $50,001

    18 Month

    		 3.16%

    3.20%

    $500

    $250,001
    24 Month 2.92% 2.95% $500 $500
    24 Month 2.97% 3.00% $500 $7,501
    24 Month 3.02% 3.05% $500 $15,001
    24 Month 3.16% 3.20% $500 $50,001

    24 Month

    		 3.26%

    3.30%

    $500

    $250,001
    36 Month 3.02% 3.05% $500 $500
    36 Month 3.07% 3.10% $500 $7,501
    36 Month 3.11% 3.15% $500 $15,001
    36 Month 3.26% 3.30% $500 $50,001

    36 Month

    		 3.36%

    3.40%

    $500

    $250,001
    48 Month 3.11% 3.15% $500 $500
    48 Month 3.16% 3.20% $500 $7,501
    48 Month 3.26% 3.30% $500 $15,001
    48 Month 3.31% 3.35% $500 $50,001

    48 Month

    		 3.41%

    3.45%

    $500

    $250,001
    60 Month 3.16% 3.20% $500 $500
    60 Month 3.26% 3.30% $500 $7,501
    60 Month 3.36% 3.40% $500 $15,001
    60 Month 3.41% 3.45% $500 $50,001

    60 Month

    		 3.50%

    3.55%

    $500

    $250,001

    *APY is Annual Percentage Yield. APY is accurate as of 01/08/24. Dividends will be compounded and credited quarterly. Dividends are calculated by the daily balance method. Penalties may be imposed for withdrawal of funds before maturity. Fees could reduce earnings on the account.  3 month and 6 month certificate accounts & specials are not available for IRA Investments.  Rates subject to change at any time.

Personal Checking

  •  Personal Checking

    Personal Checking Accounts

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    C1st Free Checking 0.00% 0.00% - -
    Your Voice Checking  0.00% 0.00% - -
    ClubGO Checking 0.20% 0.20% - -

    *APY is Annual Percentage Yield.  Minimum daily average, dividends will be compounded and credited monthly. Dividends are calculated by the daily balance method. The minimum daily balance to earn must be maintained each day to obtain the disclosed annual percentage yield. Rates may vary after the account is opened. Fees may be assessed if minimum balance requirement is not maintained. Fees could reduce earnings on the account.  APY accurate as of the last dividend declaration date.  Rates subject to change at any time.

    C1st Rewards Accounts

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    C1st Cash: Qualifications Met** 2.96% 3.00% - $0.01
    C1st Cash: Qualifications Met** 0.15% 0.15% - $15,001
    C1st Cash: Qualifications Not Met** 0.03% 0.03% - -
    C1st Cash Back 0.00% 0.00% - -

    *APY is Annual Percentage Yield.  APY accurate as of the last dividend declaration date.  Dividends computed using Daily Balance Method.  Dividends compounded monthly.  Fees could reduce earnings.  Rates may vary after the account is opened.  To qualify per monthly qualification cycle, you must: 1) make 12 debit card (non-ATM) transactions; 2) be enrolled in and log in to online banking at least once per cycle; 3) be enrolled in and receive eStatements.  Rates subject to change at any time.  

    **C1st Cash: 3.00% APY will be paid on the portion of daily balance of $15,000 or less.  Portion of daily balance over $15,000 earns an interest rate of 0.15%, resulting in an APY of 3.00% to 0.45%, depending on the balance.  If qualifications are not met, all balances in the C1st Cash will earn 0.03% APY.

Business & Ag Rates

  •  Business Checking Accounts

    Business Checking Account Rates

    Name Dividend Rate APY* Minimum Opening Deposit Minimum Balance to Earn Stated APY*
    Non-Profit Checking 0.20% 0.20% $50 -
    Small Business Checking 0.00% 0.00% $50 -
    Business Plus Checking 0.00% 0.00% $50 -
    Corporate Checking 0.05% 0.05% $50 $0
    Corporate Checking 0.10% 0.10% $50 $50,001
    Corporate Checking 0.15% 0.15% $50 $125,001
    C1st Free Business Checking (Grandfathered) 0.00% 0.00% - -
    Business Interest Checking (Grandfathered) 0.20% 0.20% $2,500 $2,500
    Commercial Checking (Grandfathered) 0.40% 0.40% - -

    *APY is Annual Percentage Yield.  Minimum daily average, dividends will be compounded and credited monthly. Dividends are calculated by the daily balance method. The minimum daily balance to earn must be maintained each day to obtain the disclosed annual percentage yield. Rates may vary after the account is opened. Fees may be assessed if minimum balance requirement is not maintained. APY accurate as of the last dividend declaration date.  Rates subject to change at any time.

  •  Business Loan Rates

    Business Loan rates accurate as of 04/23/2024.

    Business & Agriculture Real Estate

    Type Rate Points
    1 Year Balloon As Low As 6.000%* 1 Point
    3 Year Balloon As Low As 6.250%*

    1 Point
    5 Year Balloon As Low As 6.500%*

    1 Point
    7 Year Balloon As Low As 6.750%*

    1 Point
    5/5 ARM** As Low As 6.750%*

    1 Point

    Balloon rates shown above are for 20 year amortizations.  All in-house 1st mortgage loans will be subject to pricing adjustments based upon the borrower's lowest score, as obtained via credit report. Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st Credit Union. Please contact your Loan Officer for further details. *Terms and qualifications apply.  Advertised rates are subject to change at any time. **3.75% plus five-year treasury constant maturity rate.  5.25% floor.  3% cap per charge with a 5% change maximum. Minimum loan amount of $50,000.

    Operating Line of Credit (Variable Rate)

    Type Rate
    Secured As Low As 10.50% APR*
    Unsecured As Low As 14.00% APR*

    Terms up to 5 years for $10,000 or less.  Rate adjusts periodically with the prime rate. 
    Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st. Please contact your Loan Officer for further details. *ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.

    Equipment Loans (Fixed Rate)

    Type Rate
    Equipment Loans (Fixed Rate) As Low As 6.60% APR*

    Loan interest rate and approval subject to qualified credit, account balance and product usage with Community 1st. Please contact your Loan Officer for further details.*ANNUAL PERCENTAGE RATE.  Terms and qualifications apply.  Advertised rates are subject to change at any time.

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