About Maps > Rates
 

Rates

  • Personal Loans
  • Personal Deposits
  • Business
  • Consumer Loans
  • Home Equity
  • Credit Cards
  • Mortgages
Product Description APR
New Autos
Fixed Rate Models 2015 - 2016, rate includes .50% reduction for autopay and e-statements. 2.69% - 14.94% APR
Used Autos
Fixed Rate Models 2014 and older, rate includes .50% reduction for autopay and e-statements. 2.69% - 14.94% APR
New RVs
Fixed Rate Models 2015 - 2016, rate includes .50% reduction for autopay and e-statements. 3.99% - 15.74% APR
Variable Rate Models 2015 - 2016 3.99%- 15.99% APR
Used RVs
Fixed Rate Models 2014 and older, rate includes .50% reduction for autopay and e-statements. 4.99% - 16.74% APR
Variable Rate Models 2014 and older 5.99% - 17.99% APR
New Marine
Fixed Rate Models 2015 - 2016, rate includes .50% reduction for autopay and e-statements. 4.80% - 16.55% APR
Used Marine
Fixed Rate Models 2014 and older, rate includes .50% rate reduction for autopay and e-statements. 5.80% - 17.55% APR
Personal Loans
Fixed Rate Signature loan. Rate includes .50% reduction for autopay and e-statements 14.25% - 20.75% APR
Variable Rate Signature loan 11.00% - 17.50% APR
Goldline Plus
Variable Rate Signature Line of Credit 10.40% - 16.65% APR
Shared Secured
Variable Rate Secured by your Maps Share Account 5.00% APR
Certificate Secured
Variable Rate Secured by your Maps Certificate Account Certificate Rate + 2% APR

These rates are effective as of August 1, 2016 and are subject to change at anytime. Please call 503.588.0181 for the most up-to-date rate information.

Fee Schedule

All loans are subject to a $60 loan origination fee and a $10 membership fee if borrower is not already a member.

Fixed rates include a 0.50% rate reduction for automatic payment and electronic statements. Rate will be increased 0.50% if payment is not automatic and electronic statements are not set up. Floor rate of 2.69% applicable to all discounts. Floor rate of 2.69% on all auto loans, all rates subject to credit qualification and loan term.

Repayment Terms APR Loan to Value
Home Equity Master Line
HELOC Owner-Occupied. Payment based on balance. $25.00 annual fee assessed January of each year. Borrower pays closing costs. Annual Percentage Rate (APR)* and maximum loan amount will be based on your credit qualifications and loan to value ratio. The variable APR may adjust quarterly based on Wall Street Prime plus or minus a margin. Minimum APR 3.49%. Maximum APR 18%.
10 year draw & up to 15 year repay 3.75%-6.75% APR* up to 90% LTV
Lock-In Option - Variable
Rate is fixed for the first five years, then it may adjust every 5 years based on Wall Street Prime** plus a margin. Minimum APR 4.00%. Maximum APR 18%. Stated rates include .25% auto pay discount from a Maps account. Lock-In fee $25.
Terms, 5, 10, 15, or 20 years 4.00%-7.00% APR
Lock-in Option - Fixed
Rate includes .25% reduction for autopay from Maps checking account. Lock-In fee $25.
Terms, 10, 15, or 20 years 4.50%-8.50% APR*

These rates are effective as of  August 1st, 2016 and are subject to change at any time. Please call 503.588.0181 for the most up-to-date rate information.

Offering Rates may change at any time. Other terms and conditions may apply. Appraisals required. Flood search cost: $10. Property Tax Tracking fee $62.  Estimated recording cost: $96-$113. Estimated title insurance or property report cost: $85 - $1300. Lock fee of $25 may apply. Total estimated costs will vary based on individual loan.

* Annual Percentage Rate (APR) and maximum loan amount will be based on your credit qualifications, loan to value ratio, and repayment term. The variable APR may adjust quarterly based on Wall Street Prime (currently 3.50%) plus or minus a margin. Minimum APR: 3.49%. Maximum APR: 18%.

** Rate is fixed for the first five years, The Annual Percentage Rate that applies to the locked-in balance shall be our margin plus the Index, then current Wall Street Prime, at the time of the conversion; thereafter the rate shall change every 5 years to the then current margin + index.

Wall Street Prime is currently 3.50%

Product APR
MasterCard
Platinum MasterCard Rewards 8.50% -18.00% APR on purchases
World MasterCard Rewards 8.50% - 18.00% APR on purchases



Contact our mortgage expert, David Halter, for current rates or visit our trusted mortgage partner.

 
  • Savings
  • Checking
  • Certificates
  • IRAs & Coverdell ESAs
Product Dividend Rate APY Minimum Balance to Earn Dividends
Savings Products
Share Savings 0.02% 0.02% $100
Youth Savings 0.02% 0.02% $0
Christmas Club 0.02% 0.02% $0
Market Investor: $500 minimum opening balance. $100 minimum balance to earn dividends.
$100 - $9,999.99 0.01% 0.01% $100
$10,000 - $24,999.99 0.05% 0.05% $100
$25,000 - $49,999.99 0.05% 0.05% $100
$50,000 - $99,999.99 0.10% 0.10% $100
$100,000 - $249,999.99 0.15% 0.15% $100
$250,000 and above 0.15% 0.15% $100

These rates are effective as of August 1, 2016, and are subject to change at anytime. Please call 503.588.0181 for the most up-to-date rate information.

Fee Schedule

Rate Disclosures

Members must keep a minimum $100 accumulative balance deposited at the credit union to avoid a monthly $3 single service fee. See Fee Schedule for details.

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. For dividend-bearing accounts, the Dividend Rate may change periodically as determined by the Board of Directors. *On all Free Community Checking accounts, one cent per debit card transaction will be donated to the non-profit Maps Community Foundation. No dividends will be earned on the account and no donations will be deducted from the account.

2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. On dividend-bearing accounts, the Dividend Period is based on a calendar month. The Dividend Rate and Annual Percentage Yield set forth above are accurate as of the Effective Date.

3. Compounding and Crediting. Dividends will be compounded and credited as set forth on the Schedule. The Dividend Period for all dividend- bearing accounts begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period.

4. Accrual of Dividends. Dividends will begin to accrue on cash and non-cash deposits (e.g., checks) on the business day you make the deposit to your account.

5. Balance Information. The minimum balance required to open each account, earn dividends and avoid a service fee is set forth on the Schedule. On all Maps checking accounts, Share Savings accounts, and Youth Savings accounts, the dividends are calculated and the minimum balances required to earn dividends are determined using the actual daily balance method. On Market Investor accounts, the daily balance to keep the account open is $100.

6. Account Limitations. For Market Investor accounts, no more than six (6) preauthorized, automatic, telephone transfers, or withdrawals may be made from these accounts to another account of yours or to a third party in any month. If you exceed these limitations, your accounts may be subject to an excessive transaction fee or be closed. No limit on teller transactions. For a Christmas Club account, the account balance will be withdrawn or transferred automatically to you the first week in November (balance withdrawal date), and the account will remain open. On Christmas Club accounts, there is a withdrawal fee if you withdraw any of the account balance prior to the withdrawal date.

7. Deposit Reclassification.Your checking and savings account shall consist of two subaccounts: (1) a transaction subaccount and (2) a non-transaction subaccount. We shall distribute your funds between these accounts in accordance with our deposit reclassification policy (which may be changed from time to time at our discretion without further notice to you). All of your account transactions will be posted to the transaction subaccount. The balances in the non-transaction subaccount will be transferred to the transaction subaccount as needed to meet your transactional needs in accordance with Federal Regulatory requirements. This process does not adversely impact your access to your funds held in either account. These subaccounts will be treated as a single account for purposes of deposits and withdrawals, access and information, statement reporting, and any fees or charges. There are no separate or additional balance requirements, fees, or charges associated with the creation of these subaccounts. If your account is a non-dividend bearing account, neither the transaction subaccount nor the non-transaction subaccount will receive any dividends. If your account is a dividend-bearing account, both the transaction subaccount and the non-transaction subaccount will receive the same dividend rate at all times, and your periodic statement will reflect a single blended Annual Percentage Yield (“APY”) and APY Earned.

Product Dividend Rate APY Minimum Balance to Avoid Service Fee
Free Community Checking: $25 minimum opening balance. No service fees
Free Community Checking N/A* N/A* N/A
President's Club Checking: $25 minimum opening balance. $30,000 in total loans or deposits to avoid $7.50 service fee. Minimum $750 average daily balance to earn dividends.
$750 - $2,499.99 0.01% 0.01% $30,000 in total loans or deposits
$2,500 - $4,999.99 0.01% 0.01% $30,000 in total loans or deposits
$5,000 - $9,999.99 0.05% 0.05% $30,000 in total loans or deposits
$10,000 - $24,999.99 0.05% 0.05% $30,000 in total loans or deposits
$25,000 - $49,999.99 0.10% 0.10% $30,000 in total loans or deposits
$50,000 - $74,999.99 0.10% 0.10% $30,000 in total loans or deposits
$75,000 - $99,999.99 0.10% 0.10% $30,000 in total loans or deposits
$100,000 and above 0.10% 0.10% $30,000 in total loans or deposits
Dividend Option Checking: $25 minimum opening balance. Minimum $750 average daily balance to avoid service fee and earn dividends.
Dividend Option Checking 0.01% 0.01% $750 average daily balance
Passport Option Checking: $25 minimum opening balance. Minimum $750 average daily balance to earn dividends.
Passport (55+) Checking 0.01% 0.01% N/A

These rates are effective as of August 1, 2016 and are subject to change at anytime. Please call 503.588.0181 for the most up-to-date rate information.

Fee Schedule

Rate Disclosures

Dividends on all savings accounts are compounded and credit monthly. Members must keep a minimum of $100 deposited at the credit union to avoid a monthly $3 single service fee. See Fee Schedule for details.

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. For dividend-bearing accounts, the Dividend Rate may change periodically as determined by the Board of Directors. *On all Free Community Checking accounts, one cent per debit card transaction will be donated to the non-profit Maps Community Foundation. No dividends will be earned on the account and no donations will be deducted from the account.

2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. On dividend-bearing accounts, the Dividend Period is based on a calendar month. The Dividend Rate and Annual Percentage Yield set forth above are accurate as of the Effective Date.

3. Compounding and Crediting. Dividends will be compounded and credited as set forth on the Schedule. The Dividend Period for all dividend- bearing accounts begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period.

4. Accrual of Dividends. Dividends will begin to accrue on cash and non-cash deposits (e.g., checks) on the business day you make the deposit to your account.

5. Balance Information. The minimum balance required to open each account, earn dividends and avoid a service fee is set forth on the Schedule. On all Maps checking accounts, Share Savings accounts, and Youth Savings accounts, the dividends are calculated and the minimum balances required to earn dividends are determined using the actual daily balance method. On Market Investor accounts, the daily balance to keep the account open is $100.

6. Account Limitations. For Market Investor accounts, no more than six (6) preauthorized, automatic, telephone transfers, or withdrawals may be made from these accounts to another account of yours or to a third party in any month. If you exceed these limitations, your accounts may be subject to an excessive transaction fee or be closed. No limit on teller transactions. For a Christmas Club account, the account balance will be withdrawn or transferred automatically to you the first week in November (balance withdrawal date), and the account will remain open. On Christmas Club accounts, there is a withdrawal fee if you withdraw any of the account balance prior to the withdrawal date.

7. Deposit Reclassification .Your checking and savings account shall consist of two subaccounts: (1) a transaction subaccount and (2) a non-transaction subaccount. We shall distribute your funds between these accounts in accordance with our deposit reclassification policy (which may be changed from time to time at our discretion without further notice to you). All of your account transactions will be posted to the transaction subaccount. The balances in the non-transaction subaccount will be transferred to the transaction subaccount as needed to meet your transactional needs in accordance with Federal Regulatory requirements. This process does not adversely impact your access to your funds held in either account. These subaccounts will be treated as a single account for purposes of deposits and withdrawals, access and information, statement reporting, and any fees or charges. There are no separate or additional balance requirements, fees, or charges associated with the creation of these subaccounts. If your account is a non-interest bearing account, neither the transaction subaccount nor the non-transaction subaccount will receive any interest. If your account is an interest-bearing account, both the transaction subaccount and the non-transaction subaccount will receive the same interest rate at all times, and your periodic statement will reflect a single blended Annual Percentage Yield (“APY”) and APY Earned.

Months Dividend Rate APY Balance to Earn Dividends
Regular Certificates
60 months .70% .70% Min: $1,000
48 months .65% .65% Min: $1,000
36 months .60% .60% Min: $1,000
30 months .40% .40% Min: $1,000
24 months .30% .30% Min: $1,000
18 months .20% .20% Min: $1,000
12 months First Step .15% .15% Min: $100
12 months .20% .20% Min: $1,000
6 months .10% .10% Min: $1,000
3 months .05% .05% Min: $1,000

These rates are effective Aug. 25-31, 2016 and are subject to change at any time. Please call 503.588.0181 for up-to-date rate information.

Interest computation method is compounded quarterly.

Truth-In Savings Disclosures

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Interest Rate and Annual Percentage Yield (APY) on your accounts are set forth above. The APY is a percentage rate that reflects the total amount of interest to be paid on an account based on the Interest Rate and frequency of compounding for an annual period. The Interest Rate and APY are fixed and will be in effect for the term of the account.

2. Compounding and Crediting. Interest will be computed and credited as set forth above. The Interest Period begins on the first calendar day of the Interest Period and ends on the last calendar day of the Interest Period.

3. Balance Information. *The minimum balances required to open each account are set forth above, except there is a minimum opening balance of $100 for the First Step account. Interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.

4. Accrual of Interest. Interest begins to accrue on cash and non-cash (e.g., checks) deposits on the business day you make the deposit to your account.

5. Transaction Limitations. After your account is opened, you may not make additional deposits to your account until after the maturity date. For Monthly IRA Option accounts, periodic deposits are allowed in the form of direct deposit, payroll deduction or automatic transfers. Deposits shall be a monthly minimum of $50.00 up to the annual maximum allowed by law. For the Growth Rate Certificate, deposits and withdrawals are allowed annually for a period of 10 days following the anniversary of the account opening.

6. Maturity. Your account will mature within the term set forth above or the maturity date set forth on your Account Receipt or Renewal Notice.

7. Early Withdrawal Penalty. Partial withdrawals are not allowed and a penalty will be imposed if you withdraw the principal before the maturity date. Interest may be withdrawn before the maturity date without penalty, however if the account is compounded, the APY will be reduced.

a. Amount of Penalty. The amount of the penalty for early withdrawal of the principal is based on the term of your account. The penalty schedule is as follows: Certificates 365 days or less, 90 days interest; more than 365 days, 180 days interest. The penalty is calculated as a forfeiture of part of the interest that has been earned on the account and is calculated on the original balance of the certificate on the opening or most recent rollover date. For Monthly IRA Option certificates, the above penalty calculation is based upon the current balance. How the Penalty Works. The penalty is calculated as a forfeiture of part of the interest that has been or would be earned on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal.

b. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

c. IRA Accounts. You may designate certificates with periods from 6 to 48 months as an IRA account; however all IRA limitations and withdrawal restrictions apply, specifically the 10% early withdrawal penalty if you are under 59 ½ years of age, refer to the Credit Union IRA Disclosure Statement in your IRA Trust Application Packet. *Monthly IRA Option only applies to 12 month certificates.

8. Renewal Policy. Your account will automatically renew for another term upon maturity at the then current interest rate. You have a grace period of ten (10) days after maturity in which to make deposits or withdrawals without being charged a penalty. If deposits or withdrawals are made during the grace period your APY may be effected. No interest will accrue after the maturity date if the account is not renewed. 30-month bump certificate will renew as a regular 30 month certificate.

9. Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligations of an owner, except obligations with the credit union.

The rates appearing in this schedule are accurate and effective for Certificate Accounts as of the Effective Date indicated above. If you have any questions or require current rate information on your accounts, please call the Credit Union at 503.588.0181, ext. 3811 or 1.800.688.0181, ext. 3811.
Product Dividend Rate APY Balance to Earn Dividends
Savings
Premier IRA (Annual Fee of $10) .35% .35% $0
Monthly IRA Share Account .25% .25% $0
IRA Savings .15% .15% $0
IRA Regular Certificates
60 months .70% .70% Min: $1,000
48 months .65% .65% Min: $1,000
36 months .60% .60% Min: $1,000
30 months .40% .40% Min: $1,000
24 months .30% .30% Min: $1,000
18 months .20% .20% Min: $1,000
12 months First Step (Coverdell ESA) .15% .15% Min: $100
12 months .20% .20% Min: $1,000
6 months .10% .10% Min: $1,000
3 months .05% .05% Min: $1,000

These rates are effective Aug. 25-31, 2016, and are subject to change at any time. Please call 503.588.0181 for up-to-date rate information.

Savings account dividends are compounded and credited monthly.

Interest computation method is compounded quarterly.

Savings Truth-In Savings Disclosures

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For dividend bearing accounts, the Dividend Rate may change monthly as determined by the Board of Directors.

2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. The Dividend Rate and Annual Percentage Yield set forth above are accurate as of the Effective Date, which the Credit Union anticipates paying for the applicable dividend period.

3. Compounding and Crediting. Dividends will be compounded and credited as set forth above. The Dividend Period for all dividend-bearing accounts begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period.

4. Accrual of Dividends. Dividends will begin to accrue on cash and non-cash contributions on the business day you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will be paid.

5. Balance Information. The minimum balance required to open each account is set forth above. For IRA Savings, dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day. For the Monthly IRA Share accounts periodic deposits are required in the form of direct deposit, payroll deduction, or automatic transfers. Deposits shall be a monthly minimum of $50.00 with an annual maximum of the contribution limit, $5,000 or $6,000 for age 50 + years for 2009. Additional contributions may be made at any time as long as monthly contributions are still made. Once monthly contributions end the account will be transferred to a regular IRA share account. Monthly IRA Share accounts are current year contributions only; prior year contributions, rollovers, and transfers, internally or externally, are not eligible.

6. Premier IRA. A $10 annual fee will be assessed between January 15 and January 31. The fee is deducted from the IRA principal, and does not count as a withdrawal for IRS purposes.

The rates appearing in this schedule are accurate and effective for savings accounts as of the effective date indicated above. If you have any questions or require current rate information on your accounts, please call the credit union at the telephone numbers on the reverse side.

Certificate Truth-In Savings Disclosures

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Interest Rate and Annual Percentage Yield (APY) on your accounts are set forth above. The APY is a percentage rate that reflects the total amount of interest to be paid on an account based on the Interest Rate and frequency of compounding for an annual period. The Interest Rate and APY are fixed and will be in effect for the term of the account. For Bump-Up Option Certificate, you may elect to adjust your Dividend Rate to a new fixed Dividend Rate based on the rate currently offered for the standard 24-month certificate account once during the term of the account.

2. Compounding and Crediting. Interest will be computed and credited as set forth above. The Interest Period begins on the first calendar day of the Interest Period and ends on the last calendar day of the Interest Period.

3. Balance Information. *The minimum balances required to open each account are set forth above. Interest is calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.

4. Accrual of Interest. Interest begins to accrue on cash and noncash (e.g., checks) deposits on the business day you make the deposit to your account.

5. Transaction Limitations. After your account is opened, you may not make additional deposits to your account until after the maturity date.

6. Maturity. Your account will mature within the term set forth above or the maturity date set forth on your Account Receipt or Renewal Notice.

7. Early Withdrawal Penalty. Partial withdrawals are not allowed and a penalty will be imposed if you withdraw the principal before the maturity date. Interest may be withdrawn before the maturity date without penalty, however if the account is compounded, the APY will be reduced.

a. Amount of Penalty. The amount of the penalty for early withdrawal of the principal is based on the term of your account. The penalty schedule is as follows: Certificates 365 days or less, 90 days interest; more than 365 days, 180 days interest. The penalty is calculated as a forfeiture of part of the interest that has been earned on the account and is calculated on the original balance of the certificate on the opening or most recent rollover date. How the Penalty Works. The penalty is calculated as a forfeiture of part of the interest that has been or would be earned on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal.

b. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.

c. IRA Accounts. You may designate certificates with periods from 6 to 60 months as an IRA account; however all IRA limitations and withdrawal restrictions apply, specifically the 10% early withdrawal penalty if you are under 59 ½ years of age, refer to the credit union IRA Disclosure Statement in your IRA Trust Application Packet.

8. Renewal Policy. Your account will automatically renew for another term upon maturity at the then current interest rate. You have a grace period of ten (10) days after maturity in which to make deposits or withdrawals without being charged a penalty. If deposits or withdrawals are made during the grace period your APY may be effected. No interest will accrue after the maturity date if the account is not renewed. Your certificate will renew at the next shortest standard certificate term if your current certificate is not a standard term. The standard certificate terms are 3, 6, 12, 18, 24, 30, 36, 48, and 60 months. For example, a 13-month certificate will automatically renew for 12 months at the current 12-month dividend rate and APY. Except the 5-month certificates will automatically renewal for 6 months at the current 6 month dividend rate and APY and the 22-month bump-up certificates will automatically renewal for 24 months at the current 24-month dividend rate and APY. In addition, 30 month bump certificate will renew as a regular 30 month certificate.

9. Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligations of an owner, except obligations with the credit union.

The rates appearing in this schedule are accurate and effective for certificate accounts as of the effective date indicated above. If you have any questions or require current rate information on your accounts, please call the credit union at 503.588.0181 or 1.800.688.0181 ext. 3811.
 
Product Dividend Rate APY Service Fees
Savings: $100 minimum balance to earn dividends
Share Savings .02% .02% $100 minimum balance to avoid service fee
Market Investor: $1,000 minimum opening balance and minimum to earn dividends
Below $100 .00% .00% N/A
$100 - $9,999.99 .01% .01% N/A
$10,000 - $24,999.99 .05% .05% N/A
$25,000 - $49,999.99 .05% .05% N/A
$50,000 - $99,999.99 .10% .10% N/A
$100,000 - $249,999.99 .15% .15% N/A
$250,000 and above .15% .15% N/A
Basic Business Checking: $100 minimum opening balance Monthly transaction fee: Unlimited deposits. First 50 checks free, $0.15 each thereafter.
Basic Business Checking N/A N/A N/A
Business Checking: $100 minimum opening balance Monthly transaction fee: Unlimited deposits. First 75 checks free, $0.15 each thereafter. $1,500 minimum balance to avoid service fee and earn dividends.
Below $1,500 .00% .00% 7.50*
$1,500 - $9,999.99 .01% .01% 7.50*
$10,000 - $24,999.99 .05% .05% 7.50*
$25,000 - $49,999.99 .10% .10% 7.50*
$50,000 - $99,999.99 .10% .10% 7.50*
$100,000 and above .10% .10% 7.50*
Business Plus Checking: $100 minimum opening balance Monthly service fee: $150. $2,500 minimum daily balance to earn dividends. No transaction fees.
Business Plus Checking 0.20% 0.20% $150

These rates are effective as of July 1, 2016, and are subject to change at anytime. Please call 503.588.0181 for the most up-to-date rate information.

Fee Schedule

Except as specifically described, the following disclosures apply to all of the accounts:

1. Rate Information. The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. For dividend-bearing accounts, the Dividend Rate may change periodically as determined by the Board of Directors.

2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. On dividend-bearing accounts, the Dividend Period is based on a calendar month. The Dividend Rate and Annual Percentage Yield set forth above are accurate as of the Effective Date.

3. Compounding and Crediting. Dividends will be compounded and credited as set forth on the Schedule. The Dividend Period for all dividend-bearing accounts begins on the first calendar day of the Dividend Period and ends on the last calendar day of the Dividend Period.

4. Accrual of Dividends. Dividends will begin to accrue on cash and non-cash deposits (e.g., checks) on the business day you make the deposit to your account.

5. Balance Information. The minimum balance required to open each account, earn dividends and avoid a service fee is set forth on the Schedule. On all Maps checking accounts, Share Savings accounts, and Youth Savings accounts, the dividends are calculated and the minimum balances required to earn dividends are determined using the actual daily balance method. Dividends are calculated by multiplying a daily periodic rate to the principal in the account each day. On Market Investor accounts, the daily balance to keep the account open is $100.

6. Account Limitations. For Market Investor accounts, no more than six (6) preauthorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month. If you exceed these limitations, your accounts may be subject to an excessive transaction fee or be closed. No limit on teller transactions.

7. Deposit Reclassification. Your checking and savings account shall consist of two subaccounts: (1) a transaction subaccount and (2) a non-transaction subaccount. We shall distribute your funds between these accounts in accordance with our deposit reclassification policy (which may be changed from time to time at our discretion without further notice to you). All of your account transactions will be posted to the transaction subaccount. The balances in the non-transaction subaccount will be transferred to the transaction subaccount as needed to meet your transactional needs in accordance with Federal Regulatory requirements. This process does not adversely impact your access to your funds held in either account. These subaccounts will be treated as a single account for purposes of deposits and withdrawals, access and information, statement reporting, and any fees or charges. There are no separate or additional balance requirements, fees, or charges associated with the creation of these subaccounts. If your account is a non-interest bearing account, neither the transaction subaccount nor the non-transaction subaccount will receive any interest. If your account is an interest-bearing account, both the transaction subaccount and the non-transaction subaccount will receive the same interest rate at all times, and your periodic statement will reflect a single blended Annual Percentage Yield (“APY”) and APY Earned.

Basic business checking account is designed for small business owners, non-profits and associations with low transaction processing activity and balances.

Business checking account is designed for businesses with low to moderate account activity and balances. Business Plus Checking account is designed for business with high volume account activity and balances.

Additional Business services available: cell phones, online banking, online bill pay, automated tax payments, debit cards, Privateline, business visa and loans, merchant card processing, payroll, wireless, tenant screening, credit reports, retirement and financial planning.

Other Places to Visit

 
 
 

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