Current Rates - NESC Credit Union

Featured Rates | Savings, Loans, and Credit Cards

Check out our current rates on savings accounts, certificate accounts, loans, and credit cards—designed to help you make the most of your money.
See Rates by Product Below for Full Details
 
Effective Date: 
Certificate Accounts
 
 
rates as high as
 
4.08% APY**
Christmas Club
Savings
 
rates as high as
 
5.00% APY**
Home Equity Line of Credit
 
as low as
 
7.25% APR*
Auto
Loan
 
as low as
 
5.49% APR*

Rates by Product

Explore our current loan and deposit rates for all products. See below for rates by product type
 
Effective Date: 
 
**APY - Annual Percentage Yield  *APR - Annual Percentage Rate
 
Model Year APR* Maximum Term
Payments per
$1,000 borrowed
2017-2024 5.49% 60 months $19.11
2017-2024 5.99% 72 months $16.58
2017-2024 6.49% 84 months $14.85
2014-2016 7.49% 48 months $24.19
*APR = Annual Percentage Rate. Rates for auto loans are based on creditworthiness and may vary based on credit scoring. All vehicle loans will include an additional Vehicle Service Insurance (VSI) charge. Additional fees may apply, and all rates are subject to change without notice. Property Insurance is required on all vehicle loans. Applicants must qualify for membership with NESC Credit Union. 
 
 
Product
 APR* Term
Payment per
$1,000 borrowed
Saving Secured 4.99% 60 months $18.88
Savings Secured 5.99% 84 months $14.61
Personal Unsecured 9.99% 60 months $21.25
Credit Builder Loan 10.99% 24 months $46.62
*APR = Annual Percentage Rate. Rates are based on creditworthiness and may vary based on credit scoring. Rates are subject to change without notice. Applicants must qualify for membership with NESC Credit Union.
 
Classic Visa
 Visa Platinum
Secured Visa
Credit Builder
Minimum Line
 $1,000 $5,000 $500
Maximum Line $5,000 $15,000 $2,500
Fixed APR* 12.50% 9.90% 12.50%
Cash Advance APR 12.50% 9.90% 12.50%
Balance Transfer APR 12.50% 9.90% 12.50%
Annual Fee $15.00 $0.00 $15.00
Rewards Program Available Available
Available



Visa limit is secured by funds in your membership
*APR = Annual Percentage Rate
How we calculate your balance:
Apply the periodic rate to the average daily balance. To get the average daily balance we take the beginning balance each day, add any new transactions and subtract any unpaid interest or finance charges. We add up the daily balances for the billing cycle and divide each by the number of days in the billing cycle. 
 
Interest and Finance Charge:
We will begin charging interest on purchases, cash advances and balance transfers on the date the transaction is posted to your account. However, we will not charge you any interest on new purchases if your account had a zero or credit balance at the beginning of the billing cycle.  
 
Months APR* Payments per $1,000 borrowed
60 months 6.49% $19.57
72 months 6.99% $17.05
84 months 7.49%
$15.34
*APR = Annual Percentage Rate. Rates for auto loans are based on creditworthiness and may vary based on credit scoring. All vehicle loans will include an additional Vehicle Service Insurance (VSI) charge. Additional fees may apply, and all rates are subject to change without notice. Property Insurance is required on all vehicle loans. Applicants must qualify for membership with NESC Credit Union. 
 
Home Equity Loan* APR** Term
Payment per
$1,000 borrowed***
Home Equity Loan
 6.99%
60
 $19.81
Home Equity Loan 6.99%
120
 $11.61
Home Equity Loan 7.49%
180
 $9.27
*Up to 80% Total Loan-to-Value. Minimum Home Equity amount is $25,000. Owner occupied 1-2 family properties only. Call for rates and information on 3-4 family properties.  
**APR = Annual Percentage Rate. Rates are based on creditworthiness and may vary based on credit scoring. Rates are subject to change without notice. Property Insurance is required on all real estate secured loans. Applicants must qualify for membership with NESC Credit Union.
***Payment Per $1,000 does not include amounts for taxes and insurance premiums, if applicable, and the actual obligation will be greater than the payment shown.
Home Equity Line of Credit* APR** Term
Rate Index and Margin
Prime rate minus .25%
Current prime rate is 7.50%
 7.25% 20 Years
*Home Equity Line of Credit - Index based on Wall Street Journal Prime rate. Floor Rate = 0.00%; Maximum rate is 18%. Owner occupied 1-4 family properties only.
 **APR = Annual Percentage Rate. Rate is variable. Rates are based on creditworthiness and may vary based on credit scoring. Rates are subject to change without notice.  Property Insurance is required on all real estate secured loans. Applicants must qualify for membership with NESC Credit Union.
 
Mortgage Type Interest Rate APR%*** Term
Payment per
$1,000
borrowed ****
Fixed Rate* 6.00% 6.008% 15 years $8.44
Fixed Rate* 6.25% 6.256% 20 years $7.31
Fixed Rate* 6.50% 6.505% 30 years $6.33
5/5 ARM**
No lender closing costs
 6.00% 6.109% 15 years $8.44
5/5 ARM**
No lender closing costs
 6.00% 6.133% 20 years $7.17
5/5 ARM**
No lender closing costs
 6.00% 6.158% 30 years $5.99
 *Maximum loan amount $600,000. APR based on a loan amount of $200,000. Owner Occupied Properties only. 10% down payment required on all purchase mortgages. 
**Adjustable-Rate Mortgage. Rate may increase after consummation. Floor Rate = 2.25%; Caps 2/5. No Lender Closing Cost programs on balances $100,000 or greater and are not available in refinances of NESC balances. Maximum loan amount $600,000. APR based on a loan amount of $400,000. Based on a $400,000 loan the payment schedule will be 60 payments of $2398.20 at an interest rate of 6.00%, 300 payments of $2874 at an interest rate of 8.00%. Rates for owner occupied 1–2-unit properties. Call for rates on 3–4-unit owner occupied properties
***APR = Annual Percentage Rate. Rates are based on creditworthiness and may vary based on credit scoring. Rates are subject to change without notice. Property Insurance is required on all real estate secured loans. Applicants must qualify for membership with NESC Credit Union.
****Payment Per $1,000 does not include amounts for taxes and insurance premiums, if applicable, and the actual obligation will be greater than the payment shown.
Share Type
Minimum Deposit*
Dividend Rate
 Annual Percentage Yield (APY)**
Share Savings $25 0.10% 0.10%
Christmas Club
(balances up to $1.000)
(balance in excess of $1,000)
 
$25
 
5.00%
0.10%

5.12%
0.10%
see example below***
Easy Checking N/A 0.00% 0.00%
Classic Checking N/A 0.10% 0.10%
Money Market  N/A 0.25% 0.25%
Rate may change after the account is opened and is subject to change. Funds earn dividends from the first business day of deposit and are compounded daily and posted monthly. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings on these accounts.
*Maintain this minimum average daily balance to earn disclosed annual percentage yield.
**APY - Annual Percentage Yield. Assumes that all funds, including dividends, remain on deposit for 365 days.
***Christmas Club Disclosure - A dividend rate of 5.00% will be paid on the balance in your account up to the first $1,000.00. A dividend rate of 0.10% will be paid on the portion of your balance in your account that exceeds $1,000.00. For example, a balance between $1,000-$2,000 would earn between 5.116%-2.551% APY.
Certificate Account Term* Minimum Deposit** Dividend Rate Annual Percentage Yield (APY) ***
6 Months $500 4.00% 4.04%
12 Months $500 4.00% 4.08%
18 Months $500 3.75% 3.82%
24 Months $500 3.50% 3.56%
30 Months $500 3.25% 3.29%
36 Months $500 3.00% 3.04%
48 Months $500 2.50% 2.53%
60 Months $500 2.00% 2.02%
*Penalty for early withdrawal. All rates are subject to change without notice. Fees may reduce earnings on an account. Minimum balance $500.00. 
**Maintain this minimum average daily balance to earn disclosed annual percentage yield.
 ***APY- Annual Percentage Yield. Assumes that all funds, including dividends, remain on deposit for 365 days.


Your Questions Answered: NESC Credit Union Rates

Have questions about our current rates? We’ve answered some of the most common ones below to help you make informed decisions.
 

How often do NESC Credit Union rates change?

Rates are subject to change at any time. We recommend checking this page regularly for the most up to date rates or contacting us directly for more information.

Are the rates the same for all members?

Rates may vary based on factors such as creditworthiness, loan term, and account type. Some special promotional rates may be available to qualified members.

How can I apply for a loan or open a savings or certificate account?

You can apply online through our website, visit one of our branch locations, or contact a Member Service Representative for assistance.

Do I need to be a member to take advantage of these rates?

Yes. Our rates are available exclusively to NESC Credit Union members. If you’re not yet a member, visit our Become a Member page to learn how to join.
 
NESC Credit Union proudly serves members throughout Massachusetts, the Merrimack Valley, and Southern New Hampshire. We’re here to help you save more and borrow smarter — contact us anytime with questions about our current rates or membership.
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