Rate Increases Effective June 1, 2022
Several rate increases will take effect June 1 – both on the deposit side and on the loan side.
Shares
Aside from the 3-month Certificate, we are raising rates across the board:
We are introducing three special rate/special term certificates for a limited time:
We are raising rates in every tier of the Zia Checking account:
Lastly on the deposit side, we will combine the regular and jumbo IRA certificates to provide a more simple and straightforward offering to our membership, just as we did with regular certificates earlier this year. Additionally, we will discontinue the 18-month term.
Vehicle Loans
We have redefined what model years will get new loan rates, used rates, and vintage rates.
Vehicle loan rates have been adjusted upward as well across many terms and credit tiers. As an example, here is the first tier:
Lastly, we have increased the discount on fuel-efficient loans from 0.25% to 0.50%.
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