Loan & Deposit Rates

Auto Loans and Auto Refinancing Rates

  • Finance up to 125% of your purchase price or NADA retail value.
  • New & Used vehicles with the same rate!
  • No Payment for 60 days.
Terms New/Used**

Monthly Payment

Per $1,000

Rate/APR*
Up to 48 Months New & Used $21.65 1.89%
Up to 60 Months New & Used $17.53 1.99%
Up to 72 Months New & Used $14.75 1.99%
Up to 84 Months New Only $12.88 2.24%

Rates are effective May 5, 2021 and are subject to change at any time.

* APR = Annual Percentage Rate. Rates are determined by your personal credit history, loan term, and payment method. Rate includes a 0.50% discount given for an automatic payment from a CME Credit Union Account. Rates are subject to change at any time.
** New autos loans are for 2021 and 2020 model years with less than 8,000 miles. Uses auto are for 2020 and older model years.
***All Vehicle and Recreational Vehicle Loans require Vendor Single Insurance (VSI) for a fee of $20

84 

Motorcycle, RV and Boat Loans

Vehicle Type Terms

Monthly Payment

Per $1,000

Rate/APR*
New Motorcycle Up to 84 Months $19.10 5.50%
Used Motorcycle Up to 84 Months $24.89 8.99%
New RV or Boat Up to 120 Months $11.11 5.99%
Used RV or Boat Up to 120 Months $11.62 6.99%

Rates are effective May 5, 2021 and are subject to change at any time.

* APR = Annual Percentage Rate.  Rates are determined by your personal credit history, loan term, and payment method. Rate includes a  0.50% discount given for an automatic payment from a CME Credit Union Account. 
** New vehicle loans are for 2021 and 2020 model years with less than 8,000 miles.  Used vehicle are for 2020 to 2014 model years.
***All Vehicle and Recreational Vehicle Loans require Vendor Single Insurance (VSI) for a fee of $20

Personal Loans

Terms Type

Monthly Payment

Per $1,000

Rate/APR*
Up to 12 Months Personal $85.15 3.99%
Up to 60 Months Personal $14.39 5.99%
Up to 60 Months Savings Secured $22.47 Rate + 4.10%
Up to Maturity Certificate Secured $84.92 Rate + 3.00%
(Example: 12-month term APR
would be 3.50%)

Rates are effective May 5, 2021 and are subject to change at any time.

* APR = Annual Percentage Rate.  Rates are determined by your personal credit history, loan term, and payment method. Rate includes a  0.50% discount given for an automatic payment from a CME Credit Union Account.

Home Equity Loans

Type Terms

Monthly Payment

Per $1,000

Rate/APR*
Simplicity First Position
Fixed Rate Equity Loan**
Up to 144 Months $8.24 2.90%
Home Equity Loan
Fixed Rate
Up to 60 Months $18.08 3.25%
Home Equity Loan
Fixed Rate
Up to 120 Months $10.01 3.74%
Home Equity Loan
Fixed Rate
Up to 180 Months $7.53 4.25%
Home Equity LOC
Variable Rate
Revolving LOC 2% of outstanding balance OR
$100.00, which ever is more.
Prime + 0.00%***
SPECIAL: 2.75% for
the first 12 months

Rates are effective May 5, 2021 and are subject to change at any time.

* APR = Annual Percentage Rate.  Rates are determined by your personal credit history, loan term, and payment method. Rate includes a  0.50% discount given for an automatic payment from a CME Credit Union Account, unless otherwise stated.

** Minimum credit score for the Simplicity First Position Fixed Rate Home Equity Loan is 680.

*** Special introductory rate as low as 2.75% APR for the first 12 billing cycles. The interest rate is then Prime + 0.00% APR or 4.00%, whichever is more.  The Prime Rate is currently 3.25% as of March 16, 2020. There is no automatic payment required to receive the stated rate.

Savings & Checking Rates

Savings Rates Dividend Rate APY* Term Minimum Balance
Simplicity Share 0.10% 0.10% N/A $25
Simplicity Checking 0.05% 0.05% N/A $500
Christmas Club 0.20% 0.20% N/A $10
Vacation Club Account 0.20% 0.20% N/A $10

*APY = Annual Percentage Yield Rates are accurate as of May 5, 2021. Rates are subject to change daily.

Money Market Rates

Money Market Dividend Rate APY* Term Minimum Balance
Tier 1 0.15% 0.15% N/A $25
Tier 2 0.25% 0.25% N/A $25,000
Tier 3 0.35% 0.35% N/A $50,000
Tier 4 0.45% 0.45% N/A $75,000

*APY = Annual Percentage Yield Rates are accurate as of May 5, 2021. Rates are subject to change without notice.

Certificate of Deposit Rates

Certificates Dividend Rate APY* Term Minimum Balance
3 Months 0.349% 0.35% 3 $500
6 Months 0.399% 0.40% 6 $500
12 Months 0.449% 0.45% 12 $500
18 Months 0.499% 0.50% 18 $500
24 Months 0.548% 0.55% 24 $500
30 Months 0.598% 0.60% 30 $500
36 Months 0.649% 0.65% 36 $500
48 Months 0.748% 0.75% 48 $500
60 Months 0.847% 0.85% 60 $500

*APY = Annual Percentage Yield Rates are accurate as of May 5, 2021. Rates are subject to change without notice.

CONTACT US

401.463.3010

1615 Pontiac Ave, Cranston, RI 02920-4491

M-F: 10am-4.30pm, S-S: Closed

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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.  NMLS ID 699359