Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.

              

Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.

              

Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.

              

Apply For a Loan

If you are a current member of SMCU, applying for a loan is easy. Just log into SMCU OnLine and click the green "Apply For A Loan" button located in the upper right hand corner.

              

Current Rates  
Checking Open Now Effective Date:  September 01, 2015
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
High-Yield Interest Checking $10,000.00 $10,000.00 and above 0.08% 0.08%
$.01 - $9,999.99 0.04% 0.04%
Interest Checking $2,500.00 $25,000.00 and above 0.06% 0.06%
$10,000.00 - $24,999.99 0.05% 0.05%
$2,500.00 - $9,999.99 0.04% 0.04%
$.01 - $2,499.99 No Dividends
Free Checking $20.00 N/A No Dividends
Business Checking $100.00 N/A No Dividends
Health Savings Account (HSA) $100.00 $100.00 and above 0.25% 0.25%

Savings Open Now
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
Regular (Share) Savings $50.00 $50.00 and above 0.05% 0.05%
Business Savings $100.00 $100.00 and above 0.05% 0.05%
Youth Savers (17 and under) $5.00 $5.00 and above 0.05% 0.05%
Holiday Savings $25.00 $25.00 and above 0.05% 0.05%
IRA Savings $100.00 $100.00 and above 0.10% 0.10%

Money Market Open Now
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
Money Market Plus/
Business Money Market Plus
$2,500.00 $250,000.00 and above 0.15% 0.15%
$150,000.00 - $249,999.99 0.15% 0.15%
$125,000.00 - $149,999.99 0.15% 0.15%
$100,000.00 - $124,999.99 0.15% 0.15%
$75,000.00 - $99,999.99 0.12% 0.12%
$50,000.00 - $74,999.99 0.12% 0.12%
$20,000.00 - $49,999.99 0.08% 0.08%
$15,000.00 - $19,999.99 0.07% 0.07%
$10,000.00 - $14,999.99 0.07% 0.07%
$2,500.00 - $9,999.99 0.06% 0.06%
$0.01 - $2,499.99 0.03% 0.03%

Certificates Open Now
Minimum Balance
to Open
Term Dividend Rate Annual Percentage Yield (APY)
Certificates, IRA Certificates

$2,000.00 minimum balance to open a Certificate or IRA Certificate, $500.00 for Education Savings Account (ESA) Certificate

60 Months 1.24% 1.25%
48 Months 1.00% 1.00%
36 Months 0.75% 0.75%
30 Months 0.40% 0.40%
24 Months 0.30% 0.30%
18 Months 0.25% 0.25%
12 Months 0.25% 0.25%
Certificates $2,000.00 11 Months 0.20% 0.20%
6 Months 0.15% 0.15%
3 Months 0.10% 0.10%
Youth Certificate1 $250.00 12 Months 0.25% 0.25%
Add-On Certificate1,2 $500.00 9 Months 0.15% 0.15%
Add-On IRA Certificate3 $2,000.00 24 Months 0.25% 0.25%
Registry Certificate Account4 $100.00 15 Months 0.10% 0.10%

Rates accurate as of effective date and subject to change at any time.  Unless otherwise noted, dividend-bearing accounts have variable rates subject to change at any time after the account is opened.  When a Certificate is opened, the rate is fixed for the stated term.  Dividends are compounded and credited monthly.  To become a member, a one-time, non-refundable membership fee of $10.00 is required ($1.00 for youth 17 and under).  Fees may reduce earnings.  Early withdrawal penalty applies to Certificates.  Early IRA withdrawals may be subject to tax penalty.  Consult your tax or financial advisor for IRA and HSA information.  Pre-authorized withdrawal transaction limits apply to savings and money market accounts.  Please refer to the Truth-In-Savings Disclosure and Cost Recovery Schedule for other account terms and conditions.  Call (650) 363-1725 or (888) 363-1725 for current rate information or about fees and terms.

1Additional deposits of $50.00 or more allowed during term.

2Maximum balance permitted is $100,000.00.

3Additional deposits of $500.00 or more allowed during initial term only.

4Additional deposits of $15.00 or more allowed.

Auto Loans Apply Now Effective Date:  August 29, 2015
  Term Minimum Amount APR as low as
New Auto
Up to 125% of MSRP1
Up to 60 Months $15,000 for 12 Month Term 1.99%
61 - 72 Months $15,000 for 72 month term 2.24%
73 - 84 Months $25,000 for 84 month term 2.99%
Used Auto (2007 or newer)
Up to 125% Retail Blue Book
Up to 60 Months None 2.24%
61 - 72 Months $15,000 for 72 month term 2.49%
73 - 84 Months $25,000 for 84 month term 2.99%

Boats, Motor Homes and Travel Trailers Apply Now
  Term Minimum Amount APR as low as
New Boats, Motor Homes and Travel Trailers
Up to 80% financing
Up to 60 Months None 6.75%
Used Boats, Motor Homes and Travel Trailers
(2007 or newer)
Up to 80% of Blue Book
Up to 60 Months None 7.49%

Motorcycle Loans Apply Now
Term Minimum Amount APR as low as
New Motorcycle
Up to 100% financing
Up to 60 Months None 5.75%
Used Motorcycle (2007 or newer)
Up to 80% of Blue Book
Up to 60 Months None 6.25%

Credit Cards2 Apply Now
  Available Credit APR as low as
Visa Platinum Rewards
Rates & Disclosure
$500 - $25,000 9.99% - 17.99% Variable quarterly,
based on credit-worthiness criteria
Visa Platinum
Rates & Disclosure
$500 - $25,000 8.99% - 16.99% Variable quarterly,
based on credit-worthiness criteria
Business Credit Card
Rates & Disclosure
$500 - $25,000 10.99% - 18.00% Variable quarterly,
based on credit-worthiness criteria
Student Visa
Rates & Disclosure
$100 - $500 14.99% Fixed
Visa Classic $500 - $5,000 15.45% Fixed

Unsecured Loans2 Apply Now
Term Available Credit APR as low as
Personal Loan Up to 60 Months $100.00 - $25,000.00 6.99%
Computer Loan Up to 24 Months $300.00 - $2,500.00 9.99%

APR = Annual Percentage Rate.

1Subject to credit approval

2 Total unsecured debt cannot exceed $35,000.00 maximum aggregate limit.

Advertised rates are based on credit criteria and your rate may be higher.

Conforming Loan Amounts to $417,000.00 Apply Now Effective Date:  September 01, 2015
Rate Points APR Payment per $1000
30 Year Fixed 3.750% 1.000% 3.879% $4.63
3.875% 0 3.922% $4.70
20 Year Fixed 3.625% 1.000% 3.805% $5.86
3.750% 0 3.815% $5.93
15 Year Fixed 3.125% 1.000% 3.207% $6.97
3.125% 0 0.000% $6.97
10 Year Fixed 3.000% 0 3.119% $9.66
3/1 ARM 2.625% 0 2.669% $4.02
5/1 ARM 2.875% 0 2.919% $4.15
5/5 ARM 3.000% 0 3.045% $4.22
7/1 ARM 3.250% 0 3.295% $4.35
10/1 ARM 3.625% 0 3.671% $4.56

Conforming High Balance Loan Products
$417,000.01 - $625,500.00* Apply Now
Rate Points APR Payment per $1000
30 Year Fixed 3.875% 1.000% 3.989% $4.70
4.000% 0 4.031% $4.77
15 Year Fixed 3.000% 1.000% 3.200% $6.91
3.250% 0 3.305% $7.03
3/1 ARM 2.625% 0 2.637% $4.02
5/1 ARM 2.875% 0 2.904% $4.15
5/5 ARM 3.000% 0 3.030% $4.22
7/1 ARM 3.250% 0 3.280% $4.35
10/1 ARM 3.625% 0 3.656% $4.56

Jumbo Adjustable Rate Mortgages
Amounts over $625,500.00 Apply Now
Rate Points APR Payment per $1000
3/1 ARM 2.625% 0 2.637% $4.02
5/1 ARM 2.875% 0 2.887% $4.15
5/5 ARM
7/1 ARM 3.250% 0 3.263% $4.35
10/1 ARM 3.625% 0 3.638% $4.56


FHA Loan Apply Now
Rate Points Origination Fee APR Payment per $1000
30 Year Fixed 4.250% 0 0.000% 4.277% $4.92

Home Equity Loan Apply Now
Term Rate APR Payment per $1000
$25,000 - $200,000 Fixed Rate Loan 5 Years 4.000% 4.000% $18.42
10 Years 5.000% 5.000% $10.61
15 Years 5.500% 5.500% $8.17

Home Equity Line of CreditVariable Rate Open-end Apply Now
Loan to Value APR
$25,000 - $200,000 80% 4.000%

APR is Annual Percentage Rate.  The advertised rates are based on a loan amount of $417,000 for conforming loans, $625,500 for high balance conforming loans and $1,500,000 for jumbo loans for stated term including applicable points and customary closing costs.  Loan amounts are shown at 60% conforming, 60% High Balance, and 70% Jumbo loan to value (LTV).

Advertised rates available for properties located in California.  "High Balance Conforming" mortgage loan limit is determined by the county (or equivalent) where the property is located.  Please contact the Real Estate Department for current rates & information on loan limits for counties other than San Mateo, San Francisco, Alameda & Santa Clara counties.

Maximum CLTV for rate & term refinances single family owner occupied, Approved Condominium, Town home Project is 75%, and Second Homes is 75%.  Non owner occupied properties rate and term maximum CLTV is 65%.  CLTV to 90% on owner occupied properties are available.  Mortgage Insurance (MI) is required on all loans with greater than 80% CLTV.  Maximum CLTV for loans over $1 million is 70%. 

All Adjustable Rate Mortgages (ARM) have a 30-year amortization.  ARM rates are subject to change on specified dates.  The APR for the adjustable rate mortgage is based on the United States Treasury securities adjusted to a constant maturity (CMT) of 1 year as made available by the Federal Reserve Board.

All loans are subject to credit, income, debt and property qualification.  Loan level pricing adjustments may apply based upon certain eligibility or other loan features such as credit score, loan purpose, occupancy, number of units, product type, loan amount your rate may be higher or high balance feature and total CLTV.  Rates and terms are subject to change without notice.  Other restrictions and conditions may apply.

Cash out loans available call real estate department on certain products.

*Impounds Required

Checking Open Now Effective Date:  September 01, 2015
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
High-Yield Interest Checking $10,000.00 $10,000.00 and above 0.08% 0.08%
$.01 - $9,999.99 0.04% 0.04%
Interest Checking $2,500.00 $25,000.00 and above 0.06% 0.06%
$10,000.00 - $24,999.99 0.05% 0.05%
$2,500.00 - $9,999.99 0.04% 0.04%
$.01 - $2,499.99 No Dividends
Free Checking $20.00 N/A No Dividends
Business Checking $100.00 N/A No Dividends
Health Savings Account (HSA) $100.00 $100.00 and above 0.25% 0.25%

Savings Open Now
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
Regular (Share) Savings $50.00 $50.00 and above 0.05% 0.05%
Business Savings $100.00 $100.00 and above 0.05% 0.05%
Youth Savers (17 and under) $5.00 $5.00 and above 0.05% 0.05%
Holiday Savings $25.00 $25.00 and above 0.05% 0.05%
IRA Savings $100.00 $100.00 and above 0.10% 0.10%

Money Market Open Now
Minimum Balance
to Open
Minimum Daily Balance Dividend Rate Annual Percentage
Yield (APY)
Money Market Plus/
Business Money Market Plus
$2,500.00 $250,000.00 and above 0.15% 0.15%
$150,000.00 - $249,999.99 0.15% 0.15%
$125,000.00 - $149,999.99 0.15% 0.15%
$100,000.00 - $124,999.99 0.15% 0.15%
$75,000.00 - $99,999.99 0.12% 0.12%
$50,000.00 - $74,999.99 0.12% 0.12%
$20,000.00 - $49,999.99 0.08% 0.08%
$15,000.00 - $19,999.99 0.07% 0.07%
$10,000.00 - $14,999.99 0.07% 0.07%
$2,500.00 - $9,999.99 0.06% 0.06%
$0.01 - $2,499.99 0.03% 0.03%

Certificates Open Now
Minimum Balance
to Open
Term Dividend Rate Annual Percentage Yield (APY)
Certificates, IRA Certificates

$2,000.00 minimum balance to open a Certificate or IRA Certificate, $500.00 for Education Savings Account (ESA) Certificate

60 Months 1.24% 1.25%
48 Months 1.00% 1.00%
36 Months 0.75% 0.75%
30 Months 0.40% 0.40%
24 Months 0.30% 0.30%
18 Months 0.25% 0.25%
12 Months 0.25% 0.25%
Certificates $2,000.00 11 Months 0.20% 0.20%
6 Months 0.15% 0.15%
3 Months 0.10% 0.10%
Youth Certificate1 $250.00 12 Months 0.25% 0.25%
Add-On Certificate1,2 $500.00 9 Months 0.15% 0.15%
Add-On IRA Certificate3 $2,000.00 24 Months 0.25% 0.25%
Registry Certificate Account4 $100.00 15 Months 0.10% 0.10%

Rates accurate as of effective date and subject to change at any time.  Unless otherwise noted, dividend-bearing accounts have variable rates subject to change at any time after the account is opened.  When a Certificate is opened, the rate is fixed for the stated term.  Dividends are compounded and credited monthly.  To become a member, a one-time, non-refundable membership fee of $10.00 is required ($1.00 for youth 17 and under).  Fees may reduce earnings.  Early withdrawal penalty applies to Certificates.  Early IRA withdrawals may be subject to tax penalty.  Consult your tax or financial advisor for IRA and HSA information.  Pre-authorized withdrawal transaction limits apply to savings and money market accounts.  Please refer to the Truth-In-Savings Disclosure and Cost Recovery Schedule for other account terms and conditions.  Call (650) 363-1725 or (888) 363-1725 for current rate information or about fees and terms.

1Additional deposits of $50.00 or more allowed during term.

2Maximum balance permitted is $100,000.00.

3Additional deposits of $500.00 or more allowed during initial term only.

4Additional deposits of $15.00 or more allowed.

Auto, Personal and Credit Card Rates
Auto Loans Apply Now Effective Date:  August 29, 2015
  Term Minimum Amount APR as low as
New Auto
Up to 125% of MSRP1
Up to 60 Months $15,000 for 12 Month Term 1.99%
61 - 72 Months $15,000 for 72 month term 2.24%
73 - 84 Months $25,000 for 84 month term 2.99%
Used Auto (2007 or newer)
Up to 125% Retail Blue Book
Up to 60 Months None 2.24%
61 - 72 Months $15,000 for 72 month term 2.49%
73 - 84 Months $25,000 for 84 month term 2.99%

Boats, Motor Homes and Travel Trailers Apply Now
  Term Minimum Amount APR as low as
New Boats, Motor Homes and Travel Trailers
Up to 80% financing
Up to 60 Months None 6.75%
Used Boats, Motor Homes and Travel Trailers
(2007 or newer)
Up to 80% of Blue Book
Up to 60 Months None 7.49%

Motorcycle Loans Apply Now
Term Minimum Amount APR as low as
New Motorcycle
Up to 100% financing
Up to 60 Months None 5.75%
Used Motorcycle (2007 or newer)
Up to 80% of Blue Book
Up to 60 Months None 6.25%

Credit Cards2 Apply Now
  Available Credit APR as low as
Visa Platinum Rewards
Rates & Disclosure
$500 - $25,000 9.99% - 17.99% Variable quarterly,
based on credit-worthiness criteria
Visa Platinum
Rates & Disclosure
$500 - $25,000 8.99% - 16.99% Variable quarterly,
based on credit-worthiness criteria
Business Credit Card
Rates & Disclosure
$500 - $25,000 10.99% - 18.00% Variable quarterly,
based on credit-worthiness criteria
Student Visa
Rates & Disclosure
$100 - $500 14.99% Fixed
Visa Classic $500 - $5,000 15.45% Fixed

Unsecured Loans2 Apply Now
Term Available Credit APR as low as
Personal Loan Up to 60 Months $100.00 - $25,000.00 6.99%
Computer Loan Up to 24 Months $300.00 - $2,500.00 9.99%

APR = Annual Percentage Rate.

1Subject to credit approval

2 Total unsecured debt cannot exceed $35,000.00 maximum aggregate limit.

Advertised rates are based on credit criteria and your rate may be higher.

Mortgage Rates
Conforming Loan Amounts to $417,000.00 Apply Now Effective Date:  September 01, 2015
Rate Points APR Payment per $1000
30 Year Fixed 3.750% 1.000% 3.879% $4.63
3.875% 0 3.922% $4.70
20 Year Fixed 3.625% 1.000% 3.805% $5.86
3.750% 0 3.815% $5.93
15 Year Fixed 3.125% 1.000% 3.207% $6.97
3.125% 0 0.000% $6.97
10 Year Fixed 3.000% 0 3.119% $9.66
3/1 ARM 2.625% 0 2.669% $4.02
5/1 ARM 2.875% 0 2.919% $4.15
5/5 ARM 3.000% 0 3.045% $4.22
7/1 ARM 3.250% 0 3.295% $4.35
10/1 ARM 3.625% 0 3.671% $4.56

Conforming High Balance Loan Products
$417,000.01 - $625,500.00* Apply Now
Rate Points APR Payment per $1000
30 Year Fixed 3.875% 1.000% 3.989% $4.70
4.000% 0 4.031% $4.77
15 Year Fixed 3.000% 1.000% 3.200% $6.91
3.250% 0 3.305% $7.03
3/1 ARM 2.625% 0 2.637% $4.02
5/1 ARM 2.875% 0 2.904% $4.15
5/5 ARM 3.000% 0 3.030% $4.22
7/1 ARM 3.250% 0 3.280% $4.35
10/1 ARM 3.625% 0 3.656% $4.56

Jumbo Adjustable Rate Mortgages
Amounts over $625,500.00 Apply Now
Rate Points APR Payment per $1000
3/1 ARM 2.625% 0 2.637% $4.02
5/1 ARM 2.875% 0 2.887% $4.15
5/5 ARM
7/1 ARM 3.250% 0 3.263% $4.35
10/1 ARM 3.625% 0 3.638% $4.56


FHA Loan Apply Now
Rate Points Origination Fee APR Payment per $1000
30 Year Fixed 4.250% 0 0.000% 4.277% $4.92

Home Equity Loan Apply Now
Term Rate APR Payment per $1000
$25,000 - $200,000 Fixed Rate Loan 5 Years 4.000% 4.000% $18.42
10 Years 5.000% 5.000% $10.61
15 Years 5.500% 5.500% $8.17

Home Equity Line of CreditVariable Rate Open-end Apply Now
Loan to Value APR
$25,000 - $200,000 80% 4.000%

APR is Annual Percentage Rate.  The advertised rates are based on a loan amount of $417,000 for conforming loans, $625,500 for high balance conforming loans and $1,500,000 for jumbo loans for stated term including applicable points and customary closing costs.  Loan amounts are shown at 60% conforming, 60% High Balance, and 70% Jumbo loan to value (LTV).

Advertised rates available for properties located in California.  "High Balance Conforming" mortgage loan limit is determined by the county (or equivalent) where the property is located.  Please contact the Real Estate Department for current rates & information on loan limits for counties other than San Mateo, San Francisco, Alameda & Santa Clara counties.

Maximum CLTV for rate & term refinances single family owner occupied, Approved Condominium, Town home Project is 75%, and Second Homes is 75%.  Non owner occupied properties rate and term maximum CLTV is 65%.  CLTV to 90% on owner occupied properties are available.  Mortgage Insurance (MI) is required on all loans with greater than 80% CLTV.  Maximum CLTV for loans over $1 million is 70%. 

All Adjustable Rate Mortgages (ARM) have a 30-year amortization.  ARM rates are subject to change on specified dates.  The APR for the adjustable rate mortgage is based on the United States Treasury securities adjusted to a constant maturity (CMT) of 1 year as made available by the Federal Reserve Board.

All loans are subject to credit, income, debt and property qualification.  Loan level pricing adjustments may apply based upon certain eligibility or other loan features such as credit score, loan purpose, occupancy, number of units, product type, loan amount your rate may be higher or high balance feature and total CLTV.  Rates and terms are subject to change without notice.  Other restrictions and conditions may apply.

Cash out loans available call real estate department on certain products.

*Impounds Required

7