Current rates for saving, investing or borrowing.
Savings, Certificates and IRA Rates
Share Type Annual Percentage Yield Regular Share 0.40% Special Share 0.40% Youth Share Account 0.40% Christmas Club / Vacation Club Share 0.55% IRA Share 0.70% Silver Wings Checking 0.15%
Aim Higher Checking**
High Interest Rate
(Rates effective 10/01/2021)
CERTIFICATE AND IRA RATES***
Term Minimum Balance Annual Percentage Yield 6 Months $1,000 0.800% 12 Months $1,000 1.400% 12 Months Skyward Saver (Add-on) $25 1.400% 12 Months†† - New Money Special $25,000 4.850% 15 Months†† - New Money Special $25,000 4.850% 15 Months† (Special) $1,000 4.300% 24 Months $1,000 1.500% 36 Months $1,000 1.600% 48 Months $1,000 1.800% 60 Months $1,000 2.000%
*Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period and cannot be guaranteed. Dividend rates are declared by the board of directors for Aim Higher, Excel Checking, Silver Wings Checking, regular share, youth accounts, Christmas Club, Vacation Club, share certificates, IRA share and IRA certificate accounts and are subject to change without notice. Contact your local Skyward CU office for current rates. A minimum share deposit of $5.00 is required.
**High Interest Rate is earned on balances up to $10,000 and if all requirements are met to qualify. The Standard Rate interest rate will be paid on all balances over $10,000, or on the entire balance if the account does not meet the monthly requirements.
***Investing in a share certificate requires a minimum deposit of $1,000.00 unless noted otherwise and an open regular share account. Early withdrawals may be subject to an early withdrawal penalty. All non-IRA accounts are insured up to $250,000 and all IRA accounts are insured up to $250,000 by the NCUA, an agency of the federal government.
†APY is Annual Percentage Yield. APY is accurate as of 04-11-2023. Roth and traditional IRA certificates are not eligible. Promotion subject to change at any time. Minimum opening balance $1,000. 15 Month Certificate automatically renews to 12-month term at maturity. Early withdrawal penalties may apply. Fees could reduce earnings. Offer good for a limited time. Federally insured by NCUA.
††APY is Annual Percentage Yield. APY is accurate as of 05-23-2023. Roth and traditional IRA certificates are not eligible. Promotion subject to change at any time. Minimum opening balance $25,000. Deposit must be new money to Skyward Credit Union. 12 Month and 15 Month Certificates automatically renews to 12-month term at maturity. Early withdrawal penalties may apply. Fees could reduce earnings. Offer good for a limited time. Federally insured by NCUA.
ALL NON-IRA ACCOUNTS ARE INSURED UP TO $250,000 AND ALL IRA ACCOUNTS ARE INSURED UP TO $250,000 BY THE NCUA, AN AGENCY OFTHE FEDERAL GOVERNMENT.
Current Consumer Loan Rates
New and Used Vehicles, Boats, Motorcycles, Recreational Vehicles and Miscellaneous Security
Term Annual Percentage RATE Up to 36 months 5.99% to 17.25%* 37 to 48 months 5.99% to 17.50%* 49 to 60 months 5.99% to 17.75%* 61 to 72 months 6.39% to 18.90%* 73 to 84 months 6.99% to 18.90%*
Skyward Mastercard® Credit Cards
Term Annual Percentage Rate Introductory Rate – first 12 billing cycles 1.90% APR**
8.75% to 20.00% APR*
Savings Secured Loans
Type Annual Percentage Rate Share Savings Secured Loans 2.00% + Share Account Rate Certificate Secured Loans 2.00% + Certificate Rate APY
*Rate is determined by term, credit score and collateral value. Eligibility for lowest secured loan rate in each tier is based on applicant’s credit score, age of collateral, requires a Skyward Credit Union checking account and automatic transfer of loan payments with a maximum term of 60 months.
Mortgage and Home Equity
Click the button above to see mortgage rates from Skyward Credit Union.
Home Equity Line of Credit
Promo rate 6.74%APY* — until 04/01/24 (does not include Investment)
Share Type Annual Percentage Yield Up to 144 months, up to 80% Loan to Value 8.25%* Up to 144 months, 81% – 90% Loan to Value 9.00% Investment: Up to 144 months, 80% Loan to Value 8.75%
*Home Equity Line of Credit (HELOC) promotion applies to loans up to 90% Loan to Value (CLTV) for owner occupied residences. 6.74% Annual Percentage Rate (APR) promotion applies to new loans and existing HELOC loans with $5000 advance if available limit. Promotional rate is effective until 4/1/2024. After the promotional period, the variable rate is equal to Wall Street Journal Prime Rate. The minimum floor is 5.00% APR up to 80% CLTV or 5.75% APR up to 90% CLTV, maximum increase of 1% per adjustment in February and August. The Wall Street Journal Prime Rate as of 3/27/2023 = 8.00%. HELOCs are variable rate products and rates may not exceed the maximum APR of 7 percentage points above the initial rate disclosed in the Open-End Credit Plan. The finance charge begins to accrue on the date each advance is posted to the HELOC and accrues each day the balance remains unpaid. $5000 minimum advance must be taken at closing; $500 minimum subsequent advances; first three advances per quarter are free then $5 per additional advance. Minimum payment is $100. All approvals are subject to credit qualification, membership, as well as other terms and conditions. No closing costs or application fees. Please consult your tax advisor regarding the deductibility of interest. Limited time offer.
Fixed Rate Home Equity Loan
Term Annual Percentage Yield Up to 84 Months, max 80% loan to value 8.49% Up to 84 Months, 81% – 90% loan to value 8.99% 85 to 120 Months, max 80% loan to value 8.99% 85 to 120 Months, 81% – 90% loan to value 9.44%