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Home > Rates | Minnesota

Rates

Deposit Rates

Savings
Effective Date: Monday, January 21st, 2019
TypeRateAPY*Term
Regular Savings: $5.00 and Above 0.100% 0.100% n/a
IRAs 0.399% 0.400% n/a
eSavings** 2.959% 3.000% 24

*APY = Annual Percentage Yield. Dividends for Savings and IRAs are calculated on the average daily balance and paid quarterly. Rates are subject to change without notice. Deposit accounts are insured up to $250,000 by the National Credit Union Association (NCUA) and an additional $250,000 through Excess Share Insurance (ESI).

**APY = Annual Percentage Yield. Dividends are calculated on the average daily balance and paid quarterly. Promotional rate of 3.00% APY will be offered for two years from the account opening date. After two years, the rate will convert to the going rate on the Secondary Savings, currently 0.10% APY. Balances above $10,000 will earn the going rate on the Secondary Savings, currently 0.10% APY. $50 minimum direct deposit per month. A $2 fee will be charged for each paper statement mailed to the member; this fee can be avoided by signing up for eStatements. Must enroll in online banking. If the monthly direct deposit is not met, a fee of $3.95 will be charged. Deposit accounts are insured up to $250,000 by the National Credit Union Association (NCUA) and an additional $250,000 through Excess Share Insurance (ESI). One account per member. Some restrictions may apply. Offer effective 9/1/18 and subject to change without notice. Cannot be combined with other offers.

CDs
Effective Date: Monday, January 21st, 2019
TypeRateAPY*Term
6 Month Certificate of Deposit 0.798% 0.800% 6
12 Month Certificate of Deposit 1.244% 1.250% 12
18 Month Certificate of Deposit 1.294% 1.300% 18
24 Month Certificate of Deposit 1.590% 1.600% 24
36 Month Certificate of Deposit 1.788% 1.800% 36
48 Month Certificate of Deposit 2.477% 2.500% 48
60 Month Certificate of Deposit 2.722% 2.750% 60
*APY = Annual Percentage Yield. Rates are reviewed weekly and are subject to change without notice. Minimum required to open a Certificate of Deposit is $500. IRA certificates will earn the above yields with $500.00 minimum balance. Early Withdrawal Penalty: one year or less will equal 90 days of interest on the amount withdrawn subject to penalty, and over one year will equal 180 days of interest on the amount withdrawn subject to penalty. Deposit accounts are insured up to $250,000 by the National Credit Union Association (NCUA) and an additional $250,000 through Excess Share Insurance (ESI).

Money Market
Effective Date: Monday, January 21st, 2019
NameRateAPY*Term
Money Market - Average daily balance up to $4,999.99 0.099% 0.100% n/a
Money Market - Average daily balance of $5,000 - $9,999.99 0.349% 0.350% n/a
Money Market - Average daily balance of $10,000 - $24,999.99 0.449% 0.450% n/a
Money Market - Average daily balance of $25,000 - $49,999.99 0.549% 0.550% n/a
Money Market - Average daily balance $50,000 and over 0.648% 0.650% n/a
*APY = Annual Percentage Yield. Dividends for Money Market are calculated on the average daily balance and paid monthly. Rates are subject to change without notice. Deposit accounts are insured up to $250,000 by the National Credit Union Association (NCUA) and an additional $250,000 through Excess Share Insurance (ESI).

Checking
Effective Date: Monday, January 21st, 2019
TypeRateAPY*Term
Free Checking 0.000% n/a n/a
Choice Plus Checking 0.100% 0.100% n/a
Premier Rate Checking - Introductory Rate 5.000% 5.000% n/a
Premier Rate Checking - On Going Rate 1.000% 1.000% n/a
Advantage Checking 0.100% 0.100% n/a
*APY = Annual Percentage Yield. Dividends for Checking are calculated on the daily average balance and paid monthly. Rates are subject to change without notice. Deposit accounts are insured up to $250,000 by the National Credit Association (NCUA) and an additional $250,000 through Excess Share Insurance (ESI). †Not available for new accounts.

Consumer Loan Rates

Auto Loans
Effective Date: Monday, January 21st, 2019
Auto YearTerm (up to)APR as low as*
2010 and newer 36 months 3.74%
  60 months 3.74%
  72 months 4.24%
2009 or older 36 months 4.24%
  48 months 4.24%

*APR = Annual Percentage Rate. Rates are as low as and subject to approval. Rates may vary, based on credit history, loan term and age of vehicle. A down payment may be required. Rates include a .25% discount for an automatic payment from an active SharePoint Checking Account. 3.74% Auto rate is intended for new loans and is not valid for the refinancing of existing SharePoint loans. 3.74% Auto Loan is up to 60 months. A monthly payment at 3.74% would be 60 payments of $18.30 per $1,000 borrowed. An additional $5 fee will be charged at the time of loan origination. Rates are subject to change without notice.

^Interest will continue to accrue. Timing of first payment will vary based on approved loan terms and cannot be subject to negative amortization. Contact a SharePoint Representative for full details.

Recreational Loans
Effective Date: Monday, January 21st, 2019
Rec. YearTerm (up to)APR as low as*
2010 and newer 36 months 4.49%
  60 months 4.49%
  72 months 4.99%
2009 or older 36 months 4.99%
  48 months 4.99%

*APR = Annual Percentage Rate. Rates are as low as and subject to approval. Rates may vary, based on credit history, loan term and age of vehicle. A down payment may be required. Rates include a .25% discount for an automatic payment from an active SharePoint Checking Account. 4.49% Recreational rate is intended for new loans and is not valid for the refinancing of existing SharePoint loans. 4.49% Recreational Loan rate is up to 60 months. A monthly payment sample at 4.49% would be 60 payments of $18.64 per $1,000 borrowed. An additional $5 fee will be charged at the time of loan origination. Rates are subject to change without notice.

^Interest will continue to accrue. Timing of first payment will vary based on approved loan terms and cannot be subject to negative amortization. Contact a SharePoint Representative for full details.

Personal Loans
Effective Date: Monday, January 21st, 2019
TypeAPR as low asTerm
Savings Secured Loan* 2.49% 60
Unsecured (No Collateral)* 8.90% 60
Reserve Line of Credit* 12.25% - Variable Rate  
SPECIAL: Holiday Dollars Loan** 7.90% 12

*APR = Annual Percentage Rate. Subject to approval. All posted rates are as low as and may vary, based on your credit history. Additional loan rates and terms are available. The Reserve Line’s APR is variable based on an index plus a margin of 6.75%. The current index being used is the Prime Rate as published by the Wall Street Journal. Contact a SharePoint Representative for full details.

**APR = Annual Percentage Rate. Your rate may vary from the above rate and will be determined by your credit history. All loans subject to credit approval. All rates, terms and conditions are subject to change. Offer effective 11/19/18 and subject to change without notice. Minimum loan amount required is $500, maximum $2,500. A sample payment at 7.9% APR for 12 months would be $43.47 per $500 borrowed. Restrictions may apply. Ask a SharePoint Representative for full details.

Visa Credit Cards
NameVariable Rate APR*
SharePoint Pinnacle 10.40%
SharePoint Platinum 10.40%
SharePoint Classic 14.40%
*APR = Annual Percentage Rate. Please note our Visa Credit Card Disclosure.

Home Loan Rates

Conventional Loans
NameRatesAPR as low as*Points
Conventional 15-Year Fixed^ 4.000% 4.120 0.00
Conventional 30-Year Fixed^ 4.750% 4.821 0.00

*APR=Annual Percentage Rate. Subject to approval and income verification. All posted rates are as low as and may vary, subject to your credit history. Additional loan rates and terms are available. Contact a SharePoint Credit Union Representative for details.

^Interest rates shown above are as of 1/18/2019 and are subject to change without notice. This is not a credit decision or a commitment to lend. Not all loan programs are available in all states for all loan amounts. The rates shown above are for a purchase of an existing single family residence to be used as a primary residence with a loan amount of $150,000 located in Hennepin County and loan-to-value of 80%. The rate is based on a 45 day rate lock with a 740 credit score and an escrow account is required. Your loan’s interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors. APR = Annual Percentage Rate.

  • Payment example: Assuming a 15 year mortgage with a balance of $150,000 at an interest rate of 4.000% the monthly payment would be $1109.53.
  • Payment example: Assuming a 30 year mortgage with a balance of $150,000 at an interest rate of 4.750% the monthly payment would be $782.47.
  • If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.

 

 

 

Freedom Mortgage Loans
Effective Date: Monday, January 21st, 2019
NameAPR as low as*Term
Freedom Mortgage (Eight years or less) 4.49% 96
Freedom Mortgage (9-12 years) 4.74% 144

*APR=Annual Percentage Rate. Subject to approval and income verification. All posted rates are as low as and may vary, subject to your credit history. Additional loan rates and terms are available. Contact a SharePoint Credit Union Representative for details.

**As low as 4.49% APR is for a term up to eight years. Rates and terms subject to change. Maximum Loan-To-Value = 80%. SharePoint Credit Union must be in the first lien position. Property must be the primary residence or a non-investment vacation home located in MN or WI. Maximum term is 12 years. Closing costs will vary based on loan amount, appraisal requirement, geographic location, and title examination findings. For loan amounts of $25,000 to $150,000, costs will typically range from $375 to $1,300 including an appraisal if one is required.
Payment example assumes property is located in Hennepin County and the borrower has a credit score above 720: For an 8 year term with a balance of $75,000 at an interest rate of 4.49% the monthly payment schedule would be 95 monthly payments of $932.52 and 1 payment of $932.33. The corresponding APR is 4.576% with total closing costs of $868.50 including an appraisal. Sample payment does not include taxes and insurance. Property insurance required. Escrow account not available.

 

 

Home Equity Loans - Fixed
Effective Date: Monday, January 21st, 2019
NameAPR*Term
Home Equity Loan (80% Loan to Value)* 4.24% 60
Home Equity Loan (100% Loan to Value)* 6.24% 60
Home Equity Loan (80% Loan to Value)* 4.99% 120
Home Equity Loan (100% Loan to Value)* 7.24% 120
Home Equity Loan (80% Loan to Value)* 5.49% 180
Home Equity Loan (100% Loan to Value)* 9.25% 180
*APR=Annual Percentage Rate. Subject to approval. All posted rates are as low as and may vary, subject to your credit history. Additional loan rates and terms are available.

An example of a five year Home Equity Loan fixed-rate monthly payment at 4.24% would be 60 payments of $18.53 per $1,000 borrowed.

Property must be the primary residence or a non-investment second/vacation home. Home Equity Loan and Credit Lines may only be written for homes in MN and WI. SharePoint will pay $150 toward closing costs. Member will be responsible for the appraisal fee, applicable mortgage registration tax, and additional costs not fully covered by the $150 credit. The average appraisal cost ranges from $125-$400 but actual costs may vary by Appraisal Company and will be the responsibility of the member. Average mortgage registration tax ranges from $10-$250. Average additional costs not fully covered by the $150 credit range from $5-$100. Property insurance required for Home Equity Loans and Credit Lines. Subject to credit approval and require income verification. Rates and terms are subject to change. Cannot be combined with any other offer. SharePoint is an equal housing lender. Contact a SharePoint Credit Union Representative for details.

Home Equity Line of Credit - Variable
Effective Date: Monday, January 21st, 2019
NameVariable APR*
Home Equity Line of Credit (80% Loan to Value)** 5.50% Current Prime Rate
Home Equity Line of Credit (90% Loan to Value)** 8.50%

*APR=Annual Percentage Rate. Subject to approval. All posted rates are as low as and may vary, subject to your credit history. Additional loan rates and terms are available.

**Home Equity Line of Credit (HELOC) has a variable rate indexed to the Prime Rate as published by the Wall Street Journal plus a set Margin.  A HELOC with a Loan to Value (LTV) of 80% or less does not have a Margin added to the Prime Rate. A HELOC with a LTV greater than 80% will have a Margin of 3.00% APR added to the Prime Rate. A HELOC will not exceed 21.75% APR and will never exceed the highest allowable rate for this type of agreement as determined by applicable state or federal law. A HELOC has a seven-year draw period with a ten-year repayment period. HELOCs may only be written for homes in MN or WI.

Property must be the primary residence or a non-investment second/vacation home. Home Equity Loan and Credit Lines may only be written for homes in MN and WI. SharePoint will pay $150 toward closing costs. Member will be responsible for the appraisal fee, applicable mortgage registration tax, and additional costs not fully covered by the $150 credit. The average appraisal cost ranges from $125-$400 but actual costs may vary by Appraisal Company and will be the responsibility of the member. Average mortgage registration tax ranges from $10-$250. Average additional costs not fully covered by the $150 credit range from $5-$100. Property insurance required for Home Equity Loans and Credit Lines. Subject to credit approval and require income verification. Rates and terms are subject to change. Cannot be combined with any other offer. SharePoint is an equal housing lender. Contact a SharePoint Credit Union Representative for details.

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