MORTGAGE LENDING DISCLOSURES

Home Equity Loan:  *APR = Annual Percentage Rate. Contact credit union for rates.  Property types:  Manufactured Homes must be title eliminated.  No Condos.  Loan payment based on term.  Member must provide hazard insurance coverage. ** If the mortgage is paid off and closed within the first 36 months, all closing costs previously paid by Community 1st Credit Union will be due, if any.  All loans subject to credit approval and other underwriting criteria.  NMLS #403439

1ST Mortgage (Traditional):  *APR = Annual Percentage Rate. Contact credit Union for rates. APR is based on type of loan, credit score, and LTV. Financing available on owner and non-owner occupied homes in Washington State. Property types:  Manufactured Homes must be title eliminated.  No Condos.  Borrow up to 80% of appraised value based on type of home/property not to exceed $548,250.00. Only first liens are eligible. Loan payment based on term. Member must provide hazard insurance coverage. Impound account required. All loans are subject to credit approval and other underwriting criteria. NMLS #403439

Home Equity Line of Credit (HELOC):  *APR = Annual Percentage Rate.  Contact credit union for rates.  Variable rate on Premier Equity Line of Credit may change monthly and is based on Prime Rate published in the Wall Street Journal with added margin of 0.25% - 4% based on your credit history.  In no event will the regular APR be less than the floor rate or more than the lesser of 18% per annum or the maximum rate allowed by applicable law.  Payments calculated on 1.5% of existing balance ($100 min). Financing available on owner-occupied homes in WA State. Property types:  Manufactured Homes must be title eliminated.  No Condos.  **Minimum opening balance of $15,000 required for free appraisal.** If the mortgage is paid off and closed within the first 36 months, all closing costs previously paid by Community 1st Credit Union will be due, if any.  All loans subject to credit approval and other underwriting criteria.  NMLS #403439

Simple Mortgage:  *APR = Annual Percentage Rate.  Contact credit union for rates. Financing is available on owner-occupied homes in Washington State that do not already have a 1st mortgage with Community 1st Credit Union. Property types:  Manufactured Homes must be title eliminated.  No Condos.  Borrow up to 70% of appraised value not to exceed $150,000.  Minimum loan amount is $30,000.  Only first liens are eligible.  Loan payment based on term.  Member must provide hazard insurance coverage. **If the mortgage is closed within the first 36 months, all third party costs will be due at payoff.  Full appraisal cost, if required and mutually agreed upon, are not included.  All loans are subject to credit approval and other underwriting criteria. NMLS #403439

CONSUMER LENDING DISCLOSURES

Visa Cards: * APR = Annual Percentage Rate. Variable APR will be based on your creditworthiness. Contact credit union for rates. See the credit card application for terms & conditions.

GO! Auto Approval Program:  APR = Annual Percentage Rate. All rates and terms are subject to change. All loans are subject to approval. Your rate and term are determined by your credit history and loan amount. Offers do not apply to existing Community 1st loans and are non-transferable. Interest will accrue during 90 day no payment offer. Other restrictions may apply.

Skip-a-payment: *Not all loans will qualify for the option to skip one payment per 12 months. Skip a pay not valid until after 1st year.

RVs, Boats, and Motorcycles:  * APR: Annual Percentage Rate. Additional rates & terms available. Ask for details. Contact credit union for rates. Rates & terms are subject to change. All loans subject to approval of credit. Actual rate is determined based upon credit history.

Credit Protection:   This product is optional. Your purchase of Credit Protection is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with Community 1st Credit Union. We will give you additional information before you are required to pay for Credit Protection. This information will include a copy of the contract containing the terms and conditions of Credit Protection. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving Credit Protection benefits. You should carefully read your Credit Protection contract for a full explanation of the terms and conditions of the Credit Protection plan.

Signature Loan: All loans subject to approval of credit and our lending policies. Your interest rate based on your credit history. Your term is based on your purchase price and/or loan amount.

Holiday Signature Loan: APR is Annual Percentage Rate. Loans are subject to approval of credit. Rates are based on credit history. Other rates may apply. Holiday Loan offer is valid from November 1st through December 31st each year.

SAVINGS, CHECKING, MONEY MARKET, & CD DISCLOSURES

Personal Checking:  $5 statement monthly fee if eStatements not activated. eStatements are free-of-charge.

Required minimum opening deposit of $5 to establish membership. Minimum opening deposit of $25 required on checking accounts. Disclosure of rates & fees are available at account opening and upon request.

USPS Early Paycheck:  Federally insured by NCUA. $5 statement monthly fee if eStatement not activated. Required minimum opening deposit of $5 to establish membership. Minimum opening deposit of $25 required on checking accounts. Disclosure of rates and fees are available at account opening and upon request. Early paycheck only applies to current USPS employees and is not guaranteed.

Check Orders: Checks for Less is not operated by Community 1st Credit Union. We are not responsible for the content on their website and we do not represent the third party or the member in any transaction. Checks for Less privacy & security policies may differ from those practiced by Community 1st Credit Union.

Money Market: All Community 1st Money Market Accounts are federally insured and easily accessible by check or funds transfer.
 

CDs: The security of your principal CD is always guaranteed by the NCUA up to $250,000. A fixed sum of money is invested for a fixed period of time - 6 months, 12 months, or 60 months. If you redeem your CD before it matures, you may have to pay an “early withdrawal” penalty or forfeit a portion of the interest you earned. Call for current rates. 

IRAs:  Transaction limitations apply to all Community 1st Savings Accounts, Money Market Accounts, Certificates, and IRAs. If 50 or over, you can contribute an additional $1,000 as a catch-up contribution. The amount of your qualified contribution is based on your adjusted gross income and the IRA you select. Contributions to a Traditional IRA are usually tax deductible. Contributions to a Roth IRA and Coverdell ESA are not, but the earnings are tax-free. Ask your tax adviser for details on contribution limits, and allowable deductions and help in determining the right IRA for you. IRAs qualify for additional federal insurance. Penalties for early withdrawal.

MISCELLANEOUS DISCLOSURES

Scholarships: Applications must be completed and returned no later than April 15th of each calendar year.

NCUA: Brochure presented by the National Credit Union Administration, July 2013.

Foreclosure:  In order for us to evaluate your eligibility for foreclosure assistance options, you should be prepared to present information necessary to assess your financial ability to meet a modified or restructured loan obligation.