Rates

Savings Rates

Share Certificates ($250 - $25,000)

Term Interest Rate APY**
3 Months 2.25% 2.25%
6 Months 2.30% 2.30%
9 Months 2.40% 2.40%
12 Months 4.25% 4.25%
24 Months 0.90% 0.90%
36 Months 1.10% 1.10%
60 Months 4.00% 4.00%

Share Certificates ($25,001 - $250,000)

Term Interest Rate APY**
6 Months 0.75% 0.75%
12 Months 4.25% 4.25%
24 Months 0.10% 0.10%
36 Months 0.10% 0.10%
60 Months 4.00% 4.00%

Regular Share Savings Account 0.20 APY with minimum balance $5.00, credited monthly. *APY = Annual Percentage Yield. Rates subject to change without notice. Specials will automatically renew into the same term at maturity if that same term special is available from the Lakota Federal Credit Union. Otherwise specials will automatically renew to the closest regular term.

Additional Terms and Conditions and Truth-In-Savings Account Disclosures

There is a $250 minimum balance requirement for all share certificates. Early withdrawal penalties may apply. For certificates with terms one year or less, the early withdrawal penalty is the lesser of all dividends for 90 days on the amount withdrawn or all dividends on the amount withdrawn since the date of the issuance or renewal. For certificates with terms greater than one year, the penalty is the lesser of all dividends for 180 days on the amount withdrawn or all dividends on the amount withdrawn since the date of issuance or renewal. Your savings is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government and National Credit Union Administration, a U.S. Government Agency

Loan Rates

New or Nearly New (2022 or Newer)

APR* A+ (700+) A (699-675) B (674-621) C (620-500)
24 Months 6.50% 6.75% 9.25% 11.25%
36 Months 6.65% 6.90% 9.40% 11.40%
48 Months 6.80% 7.10% 9.60% 11.60%
60 Months 6.95% 7.25% 9.75% 11.75%
72 Months 7.10% 7.40% 9.90% 11.90%
84 Months 8.10% 8.40% 10.90% 12.90%
Max Loan to Value A+, A = 100% of Purchase Price B= 95% of MSRP C= 90% of MSRP

** New vehicles only.

Used Vehicles (2020-2021)

APR* A+ (700+) A (699-675) B (674-621) C (620-500)
24 Months 7.30% 7.60% 9.60% 11.60%
36 Months 7.45% 7.75% 9.75% 11.75%
48 Months 7.60% 7.90% 9.90% 11.90%
60 Months 7.75% 8.05% 10.05% 12.05%
Max Loan to Value A+, A = 100% NADA retail+taxes+fees B= 95% of NADA retail C= 90% of NADA retail

Used Vehicles (2018-2019)

APR* A+ A B C
24 Months 7.55% 7.85% 11.35% 13.35%
36 Months 7.60% 7.90% 11.40% 13.40%
48 Months 7.75% 8.05% 11.55% 13.55%
60 Months 7.95% 8.25% 11.75% 13.75%
Max Loan to Value A+, A = 100% NADA retail+taxes+fees B= 95% of NADA retail C= 90% of NADA retail

Used Vehicles (2016-2017)

APR* A+ A B C
Up to 60 Months 8.55% 8.85% 10.85% 12.85%
Max Loan to Value A+, A = 100% NADA retail+taxes+fees B= 95% of NADA retail C= 90% of NADA retail

Used Vehicles (2011-2015)

APR* A+ A B C
Up to 48 Months 9.55% 9.85% 11.85% 13.85%
Max Loan to Value A+, A = 100% NADA retail+taxes+fees B= 90% of NADA retail C= 80% of NADA retail

Used Vehicles (2010 and Older)

APR* A+ A B C
Up to 24 Months 10.55% 10.85% 12.85% 14.85%
Max Loan to Value All categories= 50% of NADA and inspection required on all

Disclosures

Rates effective as of February 24th. 2022, and subject to change without notice.

APR = Annual Percentage Rate

Lakota Federal Credit Union offers a tiered-pricing program. This allows as many members as possible to obtain financing. Your individual rate will be determined by the type and/or age of collateral offered, length of the loan, and your credit history. Not all borrowers will qualify for lowest APR or 0% down. To find out if you qualify, call us at (605) 455-1515.

Note: Any vehicles with over 100,000 miles have a maximum term of 36 months. Some terms subject to minimum amount financed.