Deposit & Loan Rates
Whether you're building your nest egg or shopping for a new loan, you deserve the best rate that will help you save the most in the long run. Check out our great deposit and loan rates.
Deposit
Primary, Dependent, Lil Star & Teen Savings
Tiered-Rate Structure
|
Savings Balance of
|
Dividend Rate
|
APY*
| Minimum Opening Deposit - Dividend Compounding/
Crediting |
|---|
|
$0.00 - $99,999.99
|
1.25%
|
1.26%
|
$5.00 - Monthly/Monthly
|
|
$100,000.00 or more
|
1.25%
|
1.26%
|
$5.00 - Monthly/Monthly
|
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The prospective dividend rate will be credited for the portion of the savings balance that falls within the savings balance range set forth above. The prospective APY will vary between the ranges disclosed, depending on the savings balance. The stated Annual Percentage Yield Earned (APYE) on the monthly statement is a blended rate of tiered rate structure.
|
Silver Star Savings
Tiered-Rate Structure - Members 55 Years of Age or Older
|
Savings Balance of
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
$0.00 - $99,999.99
|
1.25%
|
1.26%
|
$100.00 - Monthly/Monthly
|
|
$100,000.00 or more
|
1.25%
|
1.26%
|
$100.00 - Monthly/Monthly
|
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The prospective dividend rate will be credited for the portion of the savings balance that falls within the savings balance range set forth above. The prospective APY will vary between the ranges disclosed, depending on the savings balance. The stated Annual Percentage Yield Earned (APYE) on the monthly statement is a blended rate of tiered rate structure.
|
Secondary Savings
|
Savings Balance of
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
$0.00 - $499.99
|
0.00%
|
0.00%
|
$200.00 - Monthly/Monthly
|
|
$500.00 - $2,499.99
|
0.75%
|
0.75%
|
$200.00 - Monthly/Monthly
|
|
$2,500.00 or more
|
0.75%
|
0.75%
|
$200.00 - Monthly/Monthly
|
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The dividend rate and stated APY is applicable only if the monthly balance is equal to or greater than the required minimum monthly balance.
|
Dividend & Estate Checking
|
Checking Balance of
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
$0.00 or more
|
0.50%
|
0.50%
|
$100.00 - Monthly/Monthly
|
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The dividend rate and stated APY is applicable only if the monthly balance is equal to or greater than the required minimum monthly balance.
|
Silver Star Checking
Members 55 Years of Age or Older
|
Checking Balance of
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
$0.00 or more
|
0.50%
|
0.50%
|
$100.00 - Monthly/Monthly
|
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The dividend rate and stated APY is applicable only if the monthly balance is equal to or greater than the required minimum monthly balance.
|
Traditional IRA, Roth IRA, Roth Conversion IRA & Coverdell Education Savings
Tiered-Rate Structure
|
Savings Balance of
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
$1.00 - $99,999.99
|
1.25%
|
1.26%
|
$100.00 - Monthly/Monthly
|
|
$100,000.00 or more
|
1.25%
|
1.26%
|
$100.00 - Monthly/Monthly
|
Subject to a penalty for early withdrawal.
* APY = Annual Percentage Yield. The dividend rate may change after the account is opened. The APY is accurate as of the last dividend declaration date. The prospective dividend rate will be credited for the portion of the savings balance that falls within the savings balance range set forth above. The prospective APY will vary between the ranges disclosed, depending on the savings balance. The stated Annual Percentage Yield Earned (APYE) on the monthly statement is a blended rate of tiered rate structure.
|
Traditional IRA, Roth IRA & Roth Conversion IRA Share Certificates
|
Term
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
12-month
|
4.20%
|
4.28%
|
$1,000.00 - Monthly/Monthly
|
| 12-month |
4.30% |
4.39% |
$100,000.00 - Monthly/Monthly |
| 18-month |
4.00% |
4.07% |
$1,000.00 - Monthly/Monthly |
| 18-month |
4.10% |
4.18% |
$100,000.00 - Monthly/Monthly |
| 24-month |
3.80% |
3.87% |
$1,000.00 - Monthly/Monthly |
| 24-month |
3.90% |
3.97% |
$100,000.00 - Monthly/Monthly |
Subject to a penalty for early withdrawal.
* APY = Annual Percentage Yield.
|
Share Certificates
|
Term
|
Dividend Rate
|
APY*
|
Minimum Opening Deposit - Dividend Compounding/
Crediting
|
|---|
|
6-month
|
4.25%
|
4.33%
|
$1,000.00 - Monthly/Monthly
|
| 6-month |
4.35% |
4.44% |
$100,000.00 - Monthly/Monthly |
|
12-month
|
4.20%
|
4.28%
|
$1,000.00 - Monthly/Monthly
|
| 12-month |
4.30% |
4.39% |
$100,000.00 - Monthly/Monthly |
| 18-month |
4.00% |
4.07% |
$1,000.00 - Monthly/Monthly |
| 18-month |
4.10% |
4.18% |
$100,000.00 - Monthly/Monthly |
| 24-month |
3.80% |
3.87% |
$1,000.00 - Monthly/Monthly |
| 24-month |
3.90% |
3.97% |
$100,000.00 - Monthly/Monthly |
Excludes Traditional, Roth and Roth Conversion Share Certificates. Subject to a penalty for early withdrawal.
*APY = Annual Percentage Yield.
|
APY = Annual Percentage Yield. All dividends are compounded and credited monthly. If the savings account is closed before dividends are credited, the accrued dividends will be lost. The APY assumes no withdrawal of principal or interest during the month. Early withdrawals from a Share Certificate are subject to a penalty. Additional fees may or may not be applicable. If additional fees apply, they could reduce the earnings on the account. Rates are subject to change without notice as determined by the credit union's board of directors. For more information, please contact Houston Police Credit Union at 713.986.0200 or 800.927.8707. Rates last revised 10/21/2024.
|
Loan
Auto & Motorcycle1
New and Pre-Owned Auto and Motorcycle
|
Term Range
|
Qualifying Model Years
|
APR* As Low As
|
|---|
|
0 - 60 months
|
(2018 or newer)
|
4.99%
|
|
61 -72 months
|
(2021 or newer)
|
5.24%
|
|
73 - 84 months
|
(2021 or newer)
|
5.79%
|
1 Includes demonstration/program, refinanced, luxury/exotic, classic and repossessed vehicles and police-equipped and recreational motorcycles. Salvaged titled autos may be financed on a case-by-case basis. Auto or motorcycle currently financed with Houston Police Credit Union do not qualify for this rate. See "Refinance Existing Houston Police Credit Union Auto & Motorcycle".
* APR = Annual Percentage Rate. APR is fixed.
|
Refinance Existing Houston Police Credit Union Auto & Motorcycle2
New and Pre-Owned Auto and Motorcycle
|
Term Range
|
Qualifying Model Years
|
APR* As Low As
|
|---|
|
0 - 60 months
|
(2018 or newer)
|
5.49%
|
|
61 -72 months
|
(2021 or newer)
|
5.74%
|
|
73 - 84 months
|
(2021 or newer)
|
6.29%
|
2 Includes demonstration/program, refinanced, luxury/exotic, classic and repossessed vehicles and police-equipped and recreational motorcycles. Salvaged titled autos may be financed on a case-by-case basis.
* APR = Annual Percentage Rate. APR is fixed.
|
Older Model Auto3
Pre-Owned Auto
|
Term Range
|
Qualifying Model Years
|
APR* As Low As
|
|---|
|
0 - 36 months
|
(2017 or older)
|
8.49%
|
|
Internal Refinance
|
(2017 or older)
|
8.99%
|
3 Includes refinanced and repossessed auto. Salvaged titled auto may be financed on a case-by-case basis. Auto or motorcycle currently financed with Houston Police Credit Union do not qualify for this rate. See "Refinance Existing Houston Police Credit Union Auto & Motorcycle".
* APR = Annual Percentage Rate. APR is fixed.
|
Boat, Jet Ski & Recreational Vehicle4
New and Pre-Owned Boat, Jet Ski, ATV, Utility Trailer, Travel Trailer, Horse Trailer, Luxury Horse Trailer, Motorhome and Other Collateral
|
Term Range
|
Qualifying Model Years
|
APR* As Low As
|
|---|
|
0 - 60 months
|
(2018 or newer)
|
6.49%
|
|
Over 60 months
|
(2018 or newer)
|
7.49%
|
4 Includes luxury horse trailer.
* APR = Annual Percentage Rate. APR is fixed.
|
Older Model Boat & Recreational Vehicle5
Pre-Owned Boat, ATV, Utility Trailer, Luxury Horse Trailer, Motorhome and Other Collateral
|
Term Range
| Qualifying Model Years | APR* As Low As |
|---|
|
0 - 60 months
|
(2017 or older) |
7.49%
|
| Over 60 months |
(2017 or older)
|
8.49%
|
5 Includes luxury horse trailer.
* APR = Annual Percentage Rate. APR is fixed.
|
Personal6 Loan
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
0 - 72 months
|
$500.00 - $40,000.00
|
10.32%
|
6 Maximum unsecured limit of $40,000.00 per membership. Maximum unsecured limit is inclusive of account holder's Houston Police Credit Union revolving credit card and line of credit limit, if applicable.
* APR = Annual Percentage Rate. APR is variable. Fixed rate Personal Loan available. Rate may vary.
|
Line of Credit7
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
Revolving
|
$1,000.00 - $40,000.00
|
10.64%
|
7 Maximum unsecured limit of $40,000.00 per membership. Maximum unsecured limit is inclusive of account holder's Houston Police Credit Union revolving credit card and line of credit limit, if applicable.
* APR = Annual Percentage Rate. APR is variable. Rate may vary.
|
Credit Card8
|
Card Type
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
Platinum**
|
Revolving
|
$500.00 - $40,000.00
|
7.99%
|
|
Gold
|
Revolving
|
$500.00 - $40,000.00
|
9.99%
|
|
Classic
|
Revolving
|
$500.00 - $40,000.00
|
12.50%
|
|
Secured***
|
Revolving
|
$200.00 - $4,000.00
|
16.00%
|
8 Maximum unsecured limit of $40,000.00 per membership, including all other unsecured debts with Houston Police Credit Union.
* APR = Annual Percentage Rate. APR is adjustable. Rate may vary.
** Platinum Rewards MasterCard subject to an annual fee of $35.00.
*** Member's balance in savings must exceed credit card limit by $100.00.
|
Savings Secured
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
0 - 48 months
|
Up to $5,000.00
|
2.00% above current highest savings dividend rate
|
|
49 - 60 months
|
$5,000.01 - $10,000.00
|
2.00% above current highest savings dividend rate
|
|
61 - 84 months
|
$10,000.01 - $15,000.00
|
2.00% above current highest savings dividend rate
|
|
85 - 120 months
|
$15,000.01 - $100,000.00
|
2.00% above current highest savings dividend rate
|
|
0 - 12 months
|
Over $100,000.00
|
2.00% above prior month savings dividend rate
|
* APR = Annual Percentage Rate. APR is variable on savings secured loans up to $100,000.00. Rate may vary. APR is fixed on savings secured loans over $100,000.00.
|
Share Certificate Secured
|
Loan Type
|
Term Range
|
APR* As Low As
|
|---|
|
Share Certificate Secured
|
Term of the pledged Share Certificate
|
2.00% above Share Certificate dividend rate being used As collateral
|
* APR = Annual Percentage Rate. APR is variable. Rate may vary.
|
Home Equity Loan 1st Lien
|
Loan to Value
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
Maximum 80%
|
0 - 60 months
|
$25,000.00
|
5.50%
|
|
Maximum 80%
|
61 - 120 months
|
$25,000.00
|
5.99%
|
|
Maximum 80%
|
121 - 180 months
|
$25,000.00
|
6.50%
|
|
Maximum 80%
|
181 - 240 months
|
$25,000.00
|
7.25%
|
* APR = Annual Percentage Rate. APR is fixed. Member responsible for all underwriting services including, but not limited to, appraisals, flood, title search/insurance, credit report and filing fees. Rates may vary.
|
Home Equity Loan 2nd Lien
|
Loan to Value
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
Maximum 80%
|
0 - 60 months
|
$25,000.00
|
6.25%
|
|
Maximum 80%
|
61 - 120 months
|
$25,000.00
|
6.75%
|
|
Maximum 80%
|
121 - 180 months
|
$25,000.00
|
7.50%
|
|
Maximum 80%
|
181 - 240 months
|
$25,000.00
|
8.25%
|
* APR = Annual Percentage Rate. APR is fixed. Member responsible for all underwriting services including, but not limited to, appraisals, flood, title search/insurance, credit report and filing fees. Rate may vary.
|
HELOC
|
Loan to Value
|
Term Range
|
Minimum Loan Amount
|
APR* As Low As
|
|---|
|
Maximum 80%
|
up to 240 months**
|
$10,000.00
|
8.00%
|
* APR = Annual Percentage Rate. APR is variable. Rate may vary.
** HELOC as low as rate includes a .25% rate discount for qualifying borrowers.
*** 5-year draw period followed by a 3- to 15-year repayment period in accordance to lending and state of Texas guidelines.
|
APR = Annual Percentage Rate. All loans subject to credit approval. Variable APR personal, comaker, line of credit, savings secured and Share Certificate secured loans are subject to change based upon changes in the following index: the average of the next three (3) auction average rates quoted on a bank discount basis for 26 week treasury bills issued by the United States Government, as published by the Federal Reserve Board for the week in which the rate is contracted for, beginning 60 days prior to the date of change. Upon a minimum 45-day advance notice, adjustable APR credit cards are subject to change based on market conditions. Variable APR HELOC loans are subject to change with the market based on the Prime Rate. Certain credit criteria, terms and restrictions apply. Rates are based on a combination of credit score, the eligible term selected, collateral and other lending criteria. Credit score will be established by TransUnion FICO 9. Rates, terms and conditions are subject to change without notice. For more information, please contact Houston Police Credit Union at 713.986.0200 or 800.927.8707. Rates last revised 10/03/2024.
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