General Disclosures - Rates – All Rates and Fees – Lending - Veridian

Rates

Disclosures

General Disclosures

APR = Annual Percentage Rate. Loan rates shown as APR, expressed "as low as" and determined by qualifications, including credit­worthiness (except for home equity loans) and loan-to-value ratio, as well as age and mileage of vehicle (for auto loans). Loans subject to credit approval. Rates, terms and conditions subject to change without notice and may vary based on creditworthiness, qualifications, and collateral conditions.

Loyalty Discount of 0.25% APR for enrolling in direct deposit of net income and automatic loan payments from a Veridian account. 

Auto - Standard Loan

APR = Annual Percentage Rate. Rate effective 10/1/18. Includes Loyalty Discount of 0.25% APR when enrolled in direct deposit of net income and automatic loan payments using your Veridian account. Borrowers will lose Loyalty Discount if they fail to meet qualifications during loan term. For a $15,000 auto loan with a term of 60 months and 3.74% APR, the monthly payment will be $275. Fixed APR for up to 60 months with 10% down. Rates, terms and conditions subject to change and may vary based on qualifications, including creditworthiness and loan-to-value ratio, as well as age and mileage of the vehicle. All loans subject to approval. See Veridian for details.

Home Equity - 5-Year, 10-Year, 15-Year Fixed

APR = Annual Percentage Rate. For a $25,000 home equity loan amortized for 60 months and a 4.10% APR, the monthly payment will be $462(taxes and insurance premiums not included). Add 2.0-2.5% to interest rate for loans with loan-to-value ratio over 80%. Appraisal fees may apply. Loyalty Discount of 0.25% APR for enrolling in direct deposit of net income and automatic loan payments from a Veridian account. Borrowers will lose Loyalty Discount if they fail to meet qualifications during loan term.

Home Equity - 5-Year, 10-Year Fixed HELOC

APR = Annual Percentage Rate. Includes Loyalty Discount of 0.25% APR when enrolled in direct deposit of net income and automatic loan payments using your Veridian account. Borrowers will lose Loyalty Discount if they fail to meet qualifications during loan term. Rate fixed for first 60 or 120 months of the 25-year term; after that, the rate is variable and the maximum APR is 21%. Add 2.0-2.5% to interest rate for home equity lines of credit with loan-to-value ratios over 80% (maximum of 100%). Rate may not be used in conjunction with first-mortgage loans. Closing costs as low as $200. Appraisal fees may apply. Rates, terms and conditions subject to change and may vary based on qualifications including creditworthiness, loan-to-value ratio and collateral conditions. All loans subject to approval. See Veridian for details.

Mortgage - Standard

APR = Annual Percentage Rate.  All rates are for 45-day rate locks for single-family, owner-occupied transactions with escrows. Rates based on 740 credit score, 75% loan to value and a loan amount of $150,000, rate can vary for other loan amounts. Rates are subject to change without notice.  Veridian is not responsible for typographical errors or omissions. Payment examples do not include taxes and insurance; if applicable, payment will be higher. All Veridian mortgages have no origination fees. Other loan terms may be available.  Lower interest rates available by paying discount points. Veridian NMLS ID# 531586.

CDs - Standard & Bump-Up

*APY = Annual Percentage Yield. Dividends on savings are compounded monthly. Interest on CDs is compounded quarterly. APY is subject to change after account is opened. Bump-up CDs can be converted to a higher rate once during their terms. Penalty may be imposed for early withdrawal, and fees could reduce earnings on account. Other rates and terms available. Withdrawal of earnings could reduce APY. Membership subject to qualifications and a minimum $5 share deposit.

Payday Alternative Loan (PAL)

APR = Annual Percentage Rate. The annual percentage rate does not take into account your required deposit. 19% APR with Automatic Payment, 21% APR without Automatic Payment. For a $1,000 fixed Payday Alternative Loan (PAL) with a term of six months and 19% APR, the monthly payments will be $177. Rates, terms and conditions are subject to change and may vary based on creditworthiness and qualifications. PALs are limited to one every six months. All loans subject to approval.

Visa - Platinum & Platinum Rewards Credit Cards

APR = Annual Percentage Rate. Rates for the Visa Platinum and Visa Platinum Rewards cards are determined by adding 4.9% to 15.9% to Prime. Prime means the “Prime Rate” as published under “Money Rates” in The Wall Street Journal. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and card type. All loans subject to approval. Current rates range from 10.15% to 18%. Maximum APR is 18%. Possible fee(s): foreign transaction fee is 1% of each multiple currency transaction or .8% of each single currency transaction.

 

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