88 Washington St. Taunton, MA 02780 – (508) 828-7036 – morton.fedcu@verizon.net – NMLS #809376

Competitive Rates


savings

Savings and Loans Rates

Start a Savings Account with great dividends or get a low rate loan from Morton Federal Credit Union

Loan rates may vary depending on credit score

Account Rates

Account TypeRateAPY*Min. Balance
Share / Savings0.10%0.10%$5.00
Checking0.05%0.05%$100.00
Money Market0.20%0.20%$2,500.00
Christmas / Vacation0.50%0.50%$5.00
IRA1.00%1.00%$5.00

*APY =Annual percentage yield

CD Rates

TermRateAPY*
3 months0.15%0.15%
6 months0.25%0.25%
12 months0.35%0.35%
18 months0.45%0.45%
24 months0.55%0.55%
36 months0.65%0.65%

*APY =Annual percentage yield. Interest accrues on balances $1,000.00 and up

Loan Rates

Loan TypeAPR*TermMonthly Payment
Secured2% above share rate1 – 10 years120 months / $9.23 per thousand
New Cars3.00%1 & 2 years24 months / $42.87 per thousand
3 years36 months / $29.01 per thousand
4.00%4 years48 months / $22.50 per thousand
5 years60 months / $18.35 per thousand
6 years72 months / $15.59 per thousand
Used Cards4.00%1 & 2 years24 months / $43.42 per thousand
3 years36 months / $29.52 per thousand
5.00%4 years48 months / $23.03 per thousand
5 years60 months / $18.87 per thousand
6 years72 months / $16.10 per thousand
Open-End10.40%20k Max 3 years36 months / $32.45 per thousand
Personal Unsecured
1% off for first time borrowers!
4.99%1 year12 months / $85.59 per thousand
5.99%2 years24 months / $44.31 per thousand
6.99%3 years36 months / $30.87 per thousand
7.99%4 years48 months / $24.40 per thousand
8.99%5 years60 months / $20.75 per thousand
Home EquityPrimeApplication
Home Improvement $150,000.00 max4.50%5 years60 months / $18.61 per thousand
5.00%10 years120 months / $10.61 per thousand
5.50%15 years180 months / $8.17 per thousand
Recreational Vehicles (New)5.50%1 – 12 years144 months / $9.50 per thousand
Recreational Vehicles (Used)6.50%1 – 12 years144 months / $10.02 per thousand

* APR = Annual Percentage Rate. $5,000.00 loan at 10.99% for 36 months. Monthly Payment: $163.68. Total Repayment: $5,892.66

These rates are based on approved credit. Other terms/rates may apply based on creditworthiness of the borrower.