APY = Annual Percentage Yield. Fees may reduce earnings.

Rates

Personal Checking Accounts

Account TypeAPYDividend RateMin. Opening BalanceOpening FeeMin. Balance Required to Earn DividendsMin. Balance Required to Avoid FeeDividends Compounded And CreditedEffective Dates
Cartwheel Checking*
Qualifications Met
$ 0 – $10,0001.05%1.05%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
$ 10,001+1.05% to 0.19% depending on account balance 0.10%
Qualifications Not Met
All balances0.05%0.05%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
Velocity Checking (no new enrollment)
Qualifications Met
$ 0 – $15,0001.05%1.05%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
$15,000+0.10%0.10%
Qualifications Not Met
All balances0.05%0.05%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
Verity Checking0.10%0.10%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
Value Checking0.10%0.10%$0$0No min. requiredN/AMonthly4/01/14-4/30/14
Youth Checking0.10%0.10%$0$0No min. requiredN/AMonthly4/01/14-4/30/14

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

Ages 0-15 and 75+ are exempt from fee

Cartwheel Checking is free checking. There's never a penalty fee if you come up short on a qualification. To bring home your full rewards, simply do the following transactions and activities in your checking account each monthly qualification cycle: 


  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and receive free e-Statement notice
  • Be enrolled and log into Online Branch

Personal Savings Accounts

Account TypeAPYDividend RateMin. Opening BalanceOpening FeeMin. Balance Required to Earn DividendsMin. Balance Required to Avoid FeeDividends Compounded And CreditedEffective Dates
Prime Shares Savings0.10%0.10%$5$5No min. requiredSee #5 in Truth in Savings DisclosureMonthly4/01/14-4/30/14
Youth Savings0.10%0.10%See #8 in Truth in Savings Disclosure$0No min. requiredN/AMonthly4/01/14-4/30/14
Money Market
$ 1,000 –$19,9990.10%0.10%$1000$0No min. requiredN/AMonthly04/21/14-04/27/14
$20,000 – $49,9990.10%0.10%See #5 in Truth in Savings Disclosure
$50,000+0.15%0.15%
Premium Money Market
$50,000 – $99,9990.25%0.25%$50,000$0No min. requiredN/AMonthly04/21/14-04/27/14
$100,000+0.30%0.30%See #5 in Truth in Savings Disclosure
Health Savings Account (no new enrollment)
$ 0– $ 4,9990.20%0.20%$5$25No min. requiredN/AMonthly04/21/14-04/27/14
$5,000+0.25%0.25%

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

Ages 0-15 and 75+ are exempt from fee

Personal IRA

Rates effective from 4/21/14-4/27/14

IRA Certificate TermOn BalancesAnnual Percentage YieldInterest Rate
12 Month$100 - $999N/AN/A
$1,000 - $24,9990.35%0.35%
$25,000 - $74,9990.40%0.40%
$75,000 +0.45%0.45%
18 Month$100 - $999N/AN/A
$1,000 - $24,9990.43%0.43%
$25,000 - $74,9990.48%0.48%
$75,000 +0.53%0.53%
24 Month$100 - $999N/AN/A
$1,000 - $24,9990.50%0.50%
$25,000 - $74,9990.55%0.55%
$75,000 +0.60%0.60%
36 Month$100 - $999N/AN/A
$1,000 - $24,9990.70%0.70%
$25,000 - $74,9990.75%0.75%
$75,000 +0.80%0.80%
60 Month$100 - $999N/AN/A
$1,000 - $24,9991.10%1.09%
$25,000 - $74,9991.15%1.14%
$75,000 +1.20%1.19%
Education IRA Term
12 Month$100 - $999
$1,000 - $24,9990.35%0.35%
$25,000 - $74,9990.40%0.40%
$75,000 +0.45%0.45%
Variable IRA Share AccountsOn BalancesAnnual Percentage YieldInterest Rate Effective Date
$0-9,9990.15%0.15%3/01/14-3/31/14
$10,000 - $19,999 0.20% 0.20%3/01/14-3/31/14
$20,000+ 0.25% 0.25%3/01/14-3/31/14

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

Ages 0-15 and 75+ exempt from fee

Personal Certificate Accounts

Share Certificate TermBalanceAPYInterest Rate
90 Day$100 - $999N/AN/A
$1,000 - $24,9990.20%0.20%
$25,000 - $74,9990.25%0.25%
$75,000 +0.30%0.30%
6 Month$100 - $999N/AN/A
$1,000 - $24,9990.25%0.25%
$25,000 - $74,9990.30%0.30%
$75,000 +0.35%0.35%
12 Month$100 - $999N/AN/A
$1,000 - $24,9990.35%0.35%
$25,000 - $74,9990.40%0.40%
$75,000 +0.45%0.45%
24 Month$100 - $999N/AN/A
$1,000 - $24,9990.50%0.50%
$25,000 - $74,9990.55%0.55%
$75,000 +0.60%0.60%
36 Month$100 - $999N/AN/A
$1,000 - $24,9990.70%0.70%
$25,000 - $74,9990.75%0.75%
$75,000 +0.80%0.80%
60 Month$100 - $999N/AN/A
$1,000 - $24,9991.10%1.09%
$25,000 - $74,9991.15%1.14%
$75,000 +1.20%1.19%
Savers Certificate Term
6 Month$100 - $999 0.25% 0.25%
$1,000 - $24,999 0.25% 0.25%
$25,000 - $74,999 0.25% 0.25%
$75,000 + 0.25% 0.25%
12 Month$100 - $9990.35%0.35%
$1,000 - $24,9990.35%0.35%
$25,000 - $74,9990.35%0.35%
$75,000 +0.35%0.35%

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

Ages 0-15 and 75+ are exempt from fee

Personal Loans

Loan TypeAnnual Percentage Rate (APR)Additional Information
Personal8.75% - 17.75%Verity members can apply by loging into Online Branch and clicking the "Online Loan Application" link! Discounts may apply.
Computer9.50%Purchase minimum of $500 and maximum of $5,000. Purchased and financed computer must be new.
ReadyMoney6.75% - 12.75%Personal line of credit. You only pay interest on the money you use; payment amount based on the amount you owe.
Secured3.00% APR + Shared/Certificate Rate*Great way to establish a positive credit history. Loan is secured with funds deposited in a Verity account. Two kinds offered.*
Bicycle Loans6.24%The monthly payment for 24 months at 6.24% APR would be $44.44 per $1,000.

*Share Secured Loan is secured with funds deposited in your Verity Prime Share Savings Account. Rates are 3.00% + the Share Rate. Certificate Secured Loan is secured with funds deposited in a Certificate Account. Rates are 3.00% + the Certificate Rate.

Auto, Boats and RVs

ProductAnnual Percentage Rate (APR)Additional Information
New or Used Auto2.99% - 18.94% Additional rate discounts may apply*
New or Used Motorcycle3.99% - 16.44% Additional rate discounts may apply*
New ATV or Jet Ski3.99% - 16.44% Additional rate discounts may apply*
New or Used RV or Boat4.49% - 20.24%Additional rate discounts may apply*

The above rates include a 0.25% automatic payment rate reduction. The APR you receive is based on your creditworthiness, repayment schedule, repayment method, age and type of vehicle, and loan-to-value ratio. Maximum vehicle mileage for financing is 150,000. Maximum vehicle age for financing is 15 years.

*Additional rate discounts may be available for financing less than 80% LTV, purchasing a green car and puchasing ConsumerSafe debt protection. Rates and change are subject to change at any time. For the latest rate information, contact us at (206) 440-9000 or (800) 444-4589.

Credit Cards

ProductAnnual Percentage Rate (APR)
Platinum Passport8.63% - 15.63%*
Journey Gold9.63% - 16.63%*
Visa Classic10.63% - 17.63%*

*1. Rates current as of 4/1/11 and will vary with market based Prime Rate. The current ranges are set forth above. Your Annual Percentage Rate (APR) will be determined in accordance with Verity's loan policy and your credit profile.

2. For complete details, view our current fee schedule.

Home Equity Loans

ProductAmount Financed (LTV)Annual Percentage Rate (APR)**Additional Information
Home Equity Line of Credit80% Current Appraised Value4.00% - 6.50% (1.99% for the first 12 months)Annual Fee is $40. Floor 4.00%; Ceiling 15%
90% Current Appraised Value4.75%10 Year Draw; 15 Year Repayment
5 to 10 Year Fixed RateUp to 80% Current Appraised Value4.24% - 7.24%You pick the term.
Fixed Rate Home Equity80% Current Appraised Value4.74% - 8.49%No Annual Fee. Additional rate discounts may apply.
90% Current Appraised Value 5.24% - 5.74%15 Year
30 Due in 15 Fixed Rate Home Equity80% Current Appraised Value4.74% - 8.49%No Annual Fee. Additional rate discounts may apply.
90% Current Appraised Value 5.24% - 5.74%30 Year Amortized; 15 Year Balloon

** The APR and financing is based on your creditworthiness, occupancy and property loan-to-value. Please call us for your qualifying rate.

If you have any questions or require current rate information on your accounts, please call us at (206)440-9000 or (800) 444-4589.

Verity pays closing costs (excluding appraisal cost) on owner occupied properties. If an appraisal is required, Verity will credit $150.00 toward appraisal costs for Signature Members. Members pay all closing costs on investment properties.

Home Equity Line of Credit index is the Weekly Average Yield on United States Treasury Securities adjusted to a constant maturity of 1 (one) year as published in the Wall Street Journal in effect on the 15th day of the last month prior to each calendar quarter, rounded up to the nearest .25 percentage point.

Home Loan Center

Business Checking Accounts

Account TypeAPY*Dividend RateMin. Opening BalanceOpening FeeMin. Balance Required to Earn InterestMin. Balance Required to Avoid FeeDividends Compounded And CreditedEffective Dates
Opportunity Checking0%0%$1000%N/AN/AN/A4/01/14-4/30/14
Business Interest Checking
$0 – $19,9990.25%0.25%$1000$0N/A$15,000Monthly4/01/14-4/30/14
$20,000 – $49,9990.35%0.35%
$50,000+0.45%0.45%

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

*APY=Annual Percentage Yield

Business Savings Accounts

Account TypeAPY*Dividend RateMin. Opening BalanceOpening FeeMin. Balance Required to Earn InterestMin. Balance Required to Avoid FeeDividends Compounded And CreditedEffective Date
Business Savings0.10%0.10%$5$5N/ASee #5 of the Truth-in-Savngs DisclosureMonthly4/01/14-4/30/14
Business Money Market
$1,000 – $19,9990.10%0.10%$1,000$0See #5 of the Truth-in-Savings DisclosureN/AMonthly04/21/14-04/27/14
$20,000 – $49,9990.10%0.10%
$50,000+0.15%0.15%
Business Premium Money Market
$50,000 – $99,9990.25%0.25%$50,000$0See #5 of the Truth-in-Savings DisclosureN/AMonthly04/21/14-04/27/14
$100,000+0.30%0.30%

This Rate and Fee Schedule sets forth current conditions, rates, fees and charges applicable to your Business Savings account at Verity Credit Union at this time. The Credit Union may offer other rates and fees or amend the rates and fees contained in this schedule from time to time. Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is a part of the Membership Agreement.

As of January 1, 2012, there is a monthly $2.00 charge for paper statements.

Be sure to Read the Truth-in-Savings Disclosure

*APY=Annual Percentage Yield

Business Certificate Accounts

Certificate TermBalanceAPY*Interest Rate
30 Day$100 - $999N/AN/A
$1,000 - $24,9990.20%0.20%
$25,000 - $74,9990.25%0.25%
$75,000 + 0.30%0.30%
Variable Maturity Certificate$100 - $999N/AN/A
$1,000 - $24,999Ask Representative
$25,000 - $74,999Ask Representative
$75,000 +Ask Representative

This Rate and Fee Schedule sets forth current conditions, rates, fees and charges applicable to your Certificate Accounts at Verity Credit Union at this time. The Credit Union may offer other rates and fees or amend the rates and fees contained in this schedule from time to time. Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is a part of the Membership and Account Agreement.


As of January 1, 2012, there is a monthly $2.00 charge for paper statements.


Be sure to Read the Truth-in-Savings Disclosure


Effective Dates: 4/21/14- 4/27/14


*APY=Annual Percentage Yield