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Deposit Accounts

 

Primary Savings

Primary Savings Balance Range Rate APY**
$10 minimum balance to open an account All balances

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

Club Savings

Club Savings Balance Range Rate APY**
No minimum balance to open account All balances

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

Health Savings Account

Health Savings Account Balance Range Rate APY**
No opening fee, no minimum balance, no transaction fees. Earn dividends on entire balance. $0 to $2,499
  $2,500 to $9,999
  $10,000 and higher

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

Money Market Insured Investment Account

Money Market Insured Investment Account Balance Range Rate APY**
$2,000 minimum balance $2,000 to $9,999
  $10,000 to $24,999
  $25,000 to $49,999
  $50,000 to $99,999
  $100,000 to $249,999
  $250,000 & higher
Non-Profit Money Market

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

IRA Insured Money Market Investment Account

IRA Insured Money Market Investment Account Balance Range Rate APY**
(Daily Deposits) No opening fee, no minimum balance, no transaction fees. $0 to $9,999
Traditional, Roth, Coverdell $10,000 to $24,999
  $25,000 to $49,999
  $50,000 to $99,999
  $100,000 to $249,999
  $250,000 & higher

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

Investment Certificates, Regular, and IRA - Fixed Term

  • Minimum deposit for any certificate is $500, unless otherwise noted
  • Rates are subject to change daily
  • There is a substantial penalty for early withdrawal from a savings certificate.
Term Rate APY**
3 Months
6 Months
12 Months
24 Months
36 Months
48 Months
60 Months
12 Month - Sprout
24 Month - Zig Zag
36 Month - Zig Zag
48 Month - Zig Zag

Your savings and qualified retirement accounts are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. For details about coverage, please click here.

Note regarding Certificate Specials: Upon maturity, special certificates will automatically be transferred into a regular term certificate. Special certificates with terms of 11 months or less will transfer to a 6-month certificate, and certificates with terms of 13-23 months will transfer to a 12-month certificate.

APY is Annual Percentage Yield. Certificate investment rates remain fixed for the term of the certificate. Unless otherwise paid according to your instructions, dividends will be credited to your account and compounded every month. Fees or other conditions could reduce the earnings on the account. A substantial penalty may be imposed for withdrawals from a certificate before maturity (not including ZigZag CD, please see ZigZag section). If you have any questions, or you need current rate information on your accounts, please call (320) 252-2634.

SPROUT*

We designed this savings CD with our members in mind! Sprout is perfect for savings goals, earning more interest than a traditional savings account. Speak with a Member Advisor today to open up a Sprout CD.

  • 12-month term
  • A starting deposit of only $100
  • Unlimited deposits of $10 or more

ZIGZAG**

Our ZigZag CD was created for our members who need flexible access to their CDs! ZigZag is perfect for both short-term and long-term savings goals. The step-up option allows you to increase your CD rate once over the course of the CD. Speak with a Member Advisor today to open up a ZigZag CD!

  • 24, 36 and 48-month terms
  • Minimum deposit of $500
  • Step-up option: A one-time increase of your interest rate
  • One penalty-free withdrawal

*12-month term certificate with unlimited additional deposits of at least $10 each allowed during the term of the certificate. Early withdrawal would be subject to penalty. See Early Withdrawal Penalty section. **Not available for IRAs.

**Zig Zag Certificate allows one penalty free withdrawal per year but requires a minimum $500 balance in certificate. Additional withdrawals are subject to penalty. One additional deposit of 100% new funds (minimum $500.00 and maximum $100,000) allowed per calendar year. One-time step-up option allowed during certificate term to increase rate, if applicable interest rates increase during the term, available 30 days after opening date. Not available for IRAs.

**** Non Profit Money Market CD - No minimum balance.

Additional Notes Regarding Deposit Accounts

  • Dividends are credited to your account and compounded every month.
  • All savings rates are variable; this means the dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.
  • If maintenance or activity fees are charged on an account, these fees could reduce the earnings on the account.
  • Primary Savings (S1) requires a $5 minimum balance to open an account, and $100 minimum balance to earn a dividend.
  • Club Savings requires no minimum balance to open (Credit Union membership must previously have been established by opening a Primary Savings account), and $100 minimum balance to earn a dividend.
  • Money Market Insured Investment Account requires a $2,000 minimum balance.
  • For details about deposit share insurance on your accounts, please click here.

Diamond Membership

 

Diamond Checking

  • No minimum balance to open.
Diamond Checking Rate APY**
First $2,500 ** **
$2,501 - $5,000
$5,001 - $10,000
$10,001 & higher

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.

**Promotional rate guaranteed for 12 months after account opening. Must meet account qualifications and open Reward Credit Card or finance new auto loan to qualify for promotional APY. After 12 months, APY will return to standard rate

Diamond Money Market

Diamond Money Market Rate APY**
$2,000 to $9,999
$10,000 to $24,999
$25,000 to $49,999
$50,000 to $99,999
$100,000 to $249,999
$250,000 & higher

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.
Qualifications must be met to earn premium dividends; see full disclosure for details.

Diamond IRA Money Market

Diamond IRA Money Market Rate APY**
$0 to $9,999
$10,000 to $24,999
$25,000 to $49,999
$50,000 to $99,999
$100,000 to $249,999
$250,000 & higher

** APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts.
Qualifications must be met to earn premium dividends; see full disclosure for details.

Diamond Certificates

  • Minimum deposit for any certificate is $500, unless otherwise noted
  • Rates are subject to change daily
  • There is a substantial penalty for early withdrawal from a savings certificate.
Term Rate APY**
3 Months
6 Months
12 Months
24 Months
36 Months
48 Months
60 Months


Your savings and qualified retirement accounts are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. For details about coverage, please click here.

Qualifications must be met to receive Diamond certifcate rate bonus, not available for business or commercial members; see disclosure for full details.

APY is Annual Percentage Yield. Certificate investment rates remain fixed for the term of the certificate. Unless otherwise paid according to your instructions, dividends will be credited to your account and compounded every month. Fees or other conditions could reduce the earnings on the account. A substantial penalty may be imposed for withdrawals from a certificate before maturity (not including ZigZag CD, please see ZigZag section). If you have any questions, or you need current rate information on your accounts, please call (320) 252-2634.

Diamond Membership Details

  • To qualify for Diamond Membership, you must have an active Diamond Checking AND one of these two products: 1) a new or active SCFCU credit card or 2) a new Auto Loan. With a Diamond Membership, you can: Open a Diamond Money Market or IRA Diamond Money Market; Receive 0.25% loan discount off loans (excluding Anytime Access and Extra Mile auto loans) and 1% discount off SCFCU Reward credit card; *To maintain a Diamond Checking account and receive the premium dividend rates, the following requirements must be met each month: at least 15 debit card transactions must post and clear each month, or there must be 15 credit card transactions on the current month’s credit card billing statement, or a combination of the two that equals 15; and you must elect for and receive electronic statements. ^ Some products may be excluded.

Business Deposit Products

 

NextLevel Business Checking

Our NextLevel Business Checking offers a 4-tier product allowing our business members to earn dividends on their checking account! WHAT?! No fees, no minimum balance!


Tier Tier Amount Rate APY*
Tier 1 $0-$10,000 0.00% 0.00%
Tier 2 $10,001-$25,000 0.10% 0.10%
Tier 3 $25,001-$50,000 0.25% 0.25%
Tier 4 $50,001 & Higher 0.50% 0.50%

* APY is Annual Percentage Yield.

NextLevel Business Money Market

We have the most competitive Money Market in the area! No fees! No withdrawal minimums! No withdrawal limits! Only a $2,000 minimum balance!


NextLevel Business Money Market Rate APY*
$2,000-$24,999 2.127% 2.15%
$25,000-$49,999 2.274% 2.30%
$50,000-$99,999 2.469% 2.50%
$100,000-$249,999 2.713% 2.75%
$250,000 & Higher 2.956% 3.00%

*APY is Annual Percentage Yield. This rate schedule states rates which are applicable to specified accounts. Qualifications must be met to earn premium dividends; see full disclosure for details.

NextLevel Business Certificate

  • Minimum deposit for any certificate is $2,000, unless otherwise noted.
  • Rates are subject to change daily.
  • There is a substantial penalty for early withdrawal from a NextLevel Business certificate.
Term Rate APY*
24 Months 2.956% 3.00%

*APY is Annual Percentage Yield. Certificate investment rates remain fixed for the term of the certificate. If you have any questions, or you need current rate information on your accounts, please call (320) 252-2634.

Loan Rates

 

New and Used Cars & Trucks (2021 - 2024)

NEW AND USED CARS & TRUCKS (2021 - 2024) RATE
36 months
52 months
64 months
76 months
84 months
Members with active checking accounts get a 0.25% rate discount. Rate discount does not apply to promotional rates. Promotional rates are not able to be combined with other offers. Rates may change and are subject to our lending criteria. Availability may vary by loan type and borrower eligibility. For full terms, contact a loan representative.

Used Cars & Trucks (2016 - 2020)

USED CARS & TRUCKS (2016-2020) RATE
36 months
52 months
64 months
76 months
84 months
Members with active checking accounts get a 0.25% rate discount. Rate discount does not apply to promotional rates. Promotional rates are not able to be combined with other offers. Rates may change and are subject to our lending criteria. Availability may vary by loan type and borrower eligibility. For full terms, contact a loan representative.

Used Cars & Trucks (2015 and Older)

USED CARS & TRUCKS (2015 AND OLDER) RATE
36 months
52 months
64 months
76 months
Members with active checking accounts get a 0.25% rate discount. Rate discount does not apply to promotional rates. Promotional rates are not able to be combined with other offers. Rates may change and are subject to our lending criteria. Availability may vary by loan type and borrower eligibility. For full terms, contact a loan representative.

Recreational Vehicles - Titled New

Titled New
 RATE
36 months
60 months
84 months
120 months
144 months
180 months

Recreational Vehicles - Titled Used

Titled Used
 RATE
36 months
60 months
84 months
120 months
144 months
180 months

Recreational Vehicles New & Used - Non Titled

Non Titled RATE
36 months
60 months
84 months

Signature Loans (Personal Loan)

SIGNATURE LOANS (Personal Loan) RATE
36 months
48 months
60 months

Anytime Access (Line of Credit)

ANYTIME ACCESS (Line of Credit) RATE
(Checking Line of Credit)

Savings Secured

SAVINGS SECURED RATE
  Share secured account rate plus 2% with a minimum rate of

Certificate Accounts

CERTIFICATE ACCOUNTS RATE
  CD rate plus 2% with a minimum rate of

Additional Information About Our Loans

• Loan is subject to credit approval.

• Rates listed are the lowest possible rates. Rates may be higher based on a number of factors such as credit history, loan to value, collateral, term, length of loan, etc.

• APR = Annual Percentage Rate.

• No loan at the credit union can exceed 18% APR.

• Rates with an * asterisk are eligible for an additional 0.25% discount for having a qualified active checking account with St Cloud Financial Credit Union. This discount does not apply with promotional rates.

Mortgage Rates

 

Mortgage

Product Rate APR*
15-Year Fixed Conventional1
30-Year Fixed Conventional1
10/1 ARM1
5/1 ARM1
7/1 ARM1
FHA - 30-Year Fixed2
VA - 30-Year Fixed2
USDA Rural Development2
Land Loan | 15-Year^
Land Loan | 5/1 20-Year^

Rates updated as of 4/23/24. Rates are subject to change at any time. Loans are available to qualified borrowers on approved credit. Your credit rating will determine the final rate. Specific loan details may change pricing. A down payment may be required.

1Conventional conforming loan rates shown above are for the purchase of a single family, primary residence with a loan amount of $150,000 and loan-to-value of 80%. The rate is based on a 30-day rate lock with a 760 credit score. Your interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors.

2Government loan rates shown above are for the purchase of a single family, primary residence with a loan amount of $150,000. The rate is based on a 30-day rate lock with a 760-credit score. Your interest rate will depend on various factors including: loan product, loan size, credit profile, property value, geographic location, occupancy, and other factors.

^Land loans: 5-year to 240 maximum term, loan to value of 90% and a minimum credit score of 680. First mortgage loans on unimproved property, no escrow required for taxes. Can be used for refinances or purchase loans. The APR is based on a loan amount of $150,000.

Vanishing Mortgage

Product Rate APR*
6 Years Fixed3
9 Years Fixed3
12 Years Fixed3
3Rates updated as of 4/23/24. Vanishing Mortgages: 12-year maximum term, loan-to-value of 80% and a minimum credit score of 680. First mortgage loans on primary or secondary homes only, no escrow required for taxes or home insurance. Can be used for refinances or purchase loans. The APR is based on a refinanced loan amount of $150,000.

Second Mortgage

Product Rate
Terms up to 15 years, up to 100% loan to value As low as APR*
Rates updated as of 4/23/24.

Home Equity Line of Credit

Product Rate
Home Equity Line of Credit (80% Loan to Value)4 APR*

Rates updated as of 4/23/24. Rates are subject to change at any time. Loans are available to qualified borrowers on approved credit. Your credit rating will determine the final rate.Specific loan details may change pricing. A down payment may be required.

4The home equity line of credit (HELOC) has a variable rate indexed to the prime rate minus .5% based on a 720 credit score. The HELOC rate will never exceed 15.00% APR, and it will never exceed the highest allowable rate for this type of agreement as determined by applicable state and federal laws.

Credit Card Rates

 

Mastercard Credit Card

Mastercard
 APR
Mastercard Platinum As low as
Mastercard Rewards As low as
Mastercard Secured
Mastercard Business Rewards As low as
Mastercard Business Platinum As low as

Fees

 

Free Services

Service Fee
Anytime Access Personal Line of Credit & Overdraft Protection No annual fee/No fee for advances
Consumer Loans No application fees
Automated (Recurring) Loan Transfer
• Bill Payer		 FREE
• Debit Card
• Notary Service
• Online Banking & Mobile Banking		 • FREE
• FREE for members, $5 fee for non-members
• FREE
Phone Transfers
• Local Phone Support		 FREE
Signature Guarantee (for members only) FREE
Plus:
• Immediate credit on most deposits, even on Saturday
• No deposit cut-off time
• Online Banking displays up-to-the-minute transactions
• Overdrafts covered first by your savings balance

Service Fees

Service Fee
Everyday Spend Card $5.00
Account Research $20.00 per hour
ATM Non-CO-OP Network, Non-Fastbank Free, and non-MoneyPass Network Transactions (withdrawals, inquiries, or transfers) $1.50 per transaction
ATM Fees - International Machines
  • International Transaction Fee, charged by Mastercard
  • SCFCU Fee
  • Fees Charged by ATM Owner
  • 1% of transaction
  • $1.50 per transaction
Business Accounts
  • Small Business Checking (no minimum balance required, no per-check deposit fee)
  • Commercial Checking - Monthly Maintenance
  • FREE
  • $20.00
Cashier’s Check
  • For Paying Bills
  • Stop Payment
  • $2.00
  • $10.00
Checkbook Balancing $20.00 per hour
Check Copy, through the credit union $2.00
Check Cashing
  • Members (combined average 60-day savings balance under $50, and no other services; no fee for members under age 16)
  • Non-Members (on-us checks only)
    • Up to $100
    • $100 and over
    • $1,000 and over
  • $5.00 per transaction

    • No Fee
    • $5.00
    • $10.00
Checking Accounts
  • Reward, Regular, Dividend, Prestige
  • Harvest Checking – if requirements are not met
  • $3.95 a month
  • $5.95 a month
Coin Orders (for non-business accounts) $5.00
Collection Item $10.00
Convenience Loan Payment Fee (for making loan payments with a debit/credit card or one-time ACH payment) $10.00
Debit Card
  • Rush Order – Overnight FedEx
  • Rush Order – 2 day FedEx Shipping
  • $50.00
  • $35.00
Dormant Account $25.00
Fax - Long Distance $1.00
Foreign Check Exchange
  • Cash Letter
  • Collection
  • $10.00
  • $25.00
Garnishment/Levy $100.00
HSA (Health Savings Accounts) Early Closure (within first year) $25.00
Inactive Membership Fee
Effective when the combined account balance under one member number has less than $100 average balance,
and there is no activity for 12 months. Fee is waived for youth 17 and under.		 $10.00 a month
Interim Account History $5.00
International Draft
  • US Currency
  • Foreign Currency
  • $25.00
  • $25.00
IRA Early Closure (within first year) $25.00
Loan Modification Fee $35.00
Mortgage Subordination Agreement $100.00
Notary Service for Non-Members $5.00
NSF Items (checks, debit card purchases, and automatic withdrawals)
  • Return Item
  • Courtesy Pay Item
  • Deposit Item Return - Check drawn on the member’s account at another institution
  • Deposit Item Return - Previously paid mobile/remote deposit check
  • Deposit Item Return - Check from another party
  • $35.00
  • $35.00
  • $35.00
  • $35.00
  • $5.00
Primary Savings Closure (within six months of opening) $10.00
Returned Statement Fee (avoid fee by notifying the credit union immediately of all address changes) $5.00
Safe Deposit Boxes
  • 3 x 5
  • 3 x 10
  • 5 x 10
  • 10 x 10
  • Lost Key
  • Drilled Box
  • $18.00 a year
  • $30.00 a year
  • $40.00 a year
  • $80.00 a year
  • $25.00
  • $250.00
Statement Copy $5.00
Stop Payment Order $35.00
Travel Money Card $5.00
UCC Termination $20.00
Visa Gift Card
  • Over-the-Counter
 $3.95
Wincentive Savings Account (S40)
  • First Withdrawal
  • Second Withdrawal
  • $10.00
  • $25.00
Wire Transfer
  • Outgoing Within USA
  • Incoming
  • $20.00
  • $10.00