Rates

Loan and Share Account Rates

To apply for a loan, print out the loan application on this site. After you have completed your application, fax or mail it to our office. Call in or e-mail your questions. Our staff is ready to assist you.

Download the Loan Application

Fax: 330-724-2590
Mail: Firestone Office Federal Credit Union | 31 Hanna Parkway | Akron, OH 44319

Loan rates, conditions, and terms valid as of January 1, 2024 and are subject to change without notice. All loans are subject to credit approval.

MORTGAGE LOAN ORIGINATORS (MLO)

Carrie - 853880     Kara -  1245004    Catherine - 1989957

Mortgage Loans

Annual Percentage Rate (APR)

Terms

Minimum monthly
payment per $1,000
1st Mortgage* 6.75%

Cannot exceed 80% loan to value. Up to 120 Months. $500,000 maximum

 $11.49
1st Mortgage* 6.85%

Cannot exceed 80% loan to value. Up to 180 Months. $500,000 maximum

 $8.91
1st Mortgage* 6.95% Cannot exceed 90% loan to value. Up to 180 Months. $500,000 maximum $8.98
1st Mortgage* 7.05% Cannot exceed 80% loan to value.  Up to 240 months.  $500,000 maximum
$7.79
1st Mortgage* 7.15% Cannot exceed 90% loan to value. Up to 240 months. $500,000 maximum $7.85
1st Mortgage* 7.25% Cannot exceed 80% loan to value.  Up to 360 months.  $500,000 maximum $6.83
1st Mortgage* 7.45% Cannot exceed 90% loan to value.  Up to 360 months.  $500,000 maximum. $6.97
2nd Mortgage* 8.75% 1st & 2nd Mortgage cannot exceed 80% of loan to value. Up to 120 months $100,000 maximum $12.54
Max-H-Line*

9.25%
Variable Rate

 1.5% of amount borrowed per month. Cannot exceed 80% of loan to value $100,000 maximum - 1st lien pledged only. $50,000 maximum- 2nd lien pledged N/A

$500 Off Closing Costs on Purchases and $995 Closing Costs (flat fee) on Refinances. Closing costs are $500 on all Home Equity loans. Appraisal costs, if required, are in addition to closing costs and will be due directly to the appraiser at time of service.  Closing costs are paid by the member. These fees are subject to change at any time.

*Mortgage Loans are available in Ohio and Tennessee only. FFCU is an equal housing lender.

 

Secured Loans

Annual Percentage Rate (APR)

Terms

Minimum monthly
payment per $1,000
Regular Shares
Pledged (Up to 95% of share balance)
 5.5%
3.5%

Up to 72 Months
Up to 36 Months
Term Shares Pledged
See Terms		 3.50% over pledged term share rate
 N/A N/A
New Cars 2024-2023


42 months
60 months
72 months

 

 4.49%
4.99%
5.49%		 Prior Year & Current Year (untitled) Models-Limited to purchase price. Copy of purchase order required.  $75,000 limit. $25.78
$18.88
$16.34
84 months 5.99% Prior Year & Current Year (untitled) Models. Limited to purchase price. Copy of purchase order required.  Minimum loan $30,000.  $75,000 limit. $14.61

Used 2024-2021 models

 5.99%

Up to 60 Months. Copy of purchase order required. $50,000 limit

 $19.33

Used 2024-2021 models

 6.49%

Up to 72 months.  Copy of purchase order required. Minimum loan $30,000/Maximum $50,000 limit

 $16.81
Used 2020 and older, motorcycles 6.99% Up to 60 Months. Copy of purchase order required. $50,000 limit $19.81
Boats, Mobile Homes,Trailers, Campers, ATVs, Jet Skis, Motor Homes

7.25%

 Up to 72 Months
Copy of purchase order required. $50,000 limit		 $17.18

 

 

Co-Maker Loans

Annual Percentage Rate (APR)

Terms

Minimum monthly
payment per $1,000
Max-E-Line Educational Line of Credit 6.75%

Up to 84 Months Copy of bills and acceptable co-maker required. $20,000 limit.  Revolving Line of Credit

 $14.97
Co-Maker 8.75% Up to 60 Months Acceptable co-maker required. $20,000 limit $20.64

 

Unsecured Loans

Annual Percentage Rate (APR)

Terms

Minimum monthly
payment per $1,000
Max A-Line Line of Credit 8.75%

Up to 40 Months $10,000 limit.
Min. advance $100

 $ 28.91
Other Unsecured Loans 8.75% Up to 40 Months $10,000 limit $28.91
Signature 30 6.99% Up to 30 Months $5,000 limit $36.43

 

Account Type

Annual Percentage

Yield

Dividend Rate

Minimum Balance

Compounding Frequency
Regular Shares .501% .50% $5.00 Quarterly
IRA Shares 1.004% 1.00% $5.00 Quarterly
7 Month Term Share
 5.116%
 5.00%
 $5,000.00
 Monthly
1 Year Term Share
 4.542%
 4.45%
 $5,000.00
 Monthly
2 Year Term Share
4.074% 4.00% $5,000.00 Monthly
3 Year Term Share 2.018% 2.00% $5,000.00 Monthly
4 Year Term Share

3.042%

 3.00% $5,000.00 Monthly

Regular Share and IRA Share rates in effect from April 1, 2024 to June 30, 2024 (subject to change quarterly).

Term Share rates valid beginning April 19, 2024 (subject to change at any time).

Rates, conditions, and terms are subject to change without notice.

Note: Dividends are calculated by applying a periodic rate to the daily balance in the account. Penalty for early withdrawal on term share accounts.

Call or e-mail the Credit Union office for details.

This Credit Union is Federally Insured by the National Credit Union Administration.

Regular Share Accounts insured to at least $250,000 by the *NCUA

Retirement Accounts insured up to $250,000 by the *NCUA