Rates

Boat/RV

Amount Term Preferred APR
Up to $29,999.99 5 years 8.99 - 14.49%
Over $30,000.00 10 years 9.49 - 14.99%

Motorcycle

Term Preferred APR
4 years 4.99 - 18.00%

Check Credit Line

Term Preferred APR
5 years 13.99%

Overdraft Loan

Term Preferred APR
5 years 13.49%

All Other Secured & Unsecured Loans

Term Preferred APR
3 years 10.74%
5 years 10.99%
6 years 11.24%

First Mortgages

Info
Call our First Mortgage specialist Mike Cesarano at 856-235-2077 or his cell at 856-340-8272.

Primary Checking (75) and Other Checking (76) (Effective 10-01-2009)

Balance/Term APR APY
$100 or greater 0.00% 0.00%

Holiday Club (12) / Vacation Club (13) (Effective 04-01-2013)

Balance/Term APR APY
$25 or greater 0.00% 0.00%

Business Checking (74) (Effective 03-01-2013)

Balance/Term APR APY
$100 - $2,499.99 0.00% 0.00%
$2,500 - $24,999.99 0.00% 0.00%
$25,000 & greater 0.00% 0.00%

Sunrise Checking (79) (Must be age 50 or older) (Effective 1-1-2012)

Balance/Term APR APY
$100 & greater 0.00% 0.00%

Silver Money Market Savings Account (20) & Checking Account (70) (Effective 04-01-2014)

Balance/Term APR APY
$1.00 - $2,499.99 0.00% 0.00%
$2,500.00 & greater 0.07% 0.07%

Gold Money Market Savings Account (21) & Checking Account (71) (Effective 04-01-2014)

Balance/Term APR APY
$1.00 - $9,999.99 0.00% 0.00%
$10,000.00 - $24,999.99 0.07% 0.07%
$25,000 & greater 0.08% 0.08%

Share Certificates/IRA Certificates Rollover / New Balances $1,000 - $19,999.99 (Effective 3-27-2018)

Share Certificates/IRA Certificates Rollover / New Balances $20,000 - $49,999.99 (Effective 3-27-2018)

Share Certificates/IRA Certificates Rollover / New Balances Greater Than $50,000 (Effective 3-27-2018)

IRA Money Market Account (Effective 04-01-2014)

Balance/Term APR APY
$1,000 - $19,999.99 0.03% 0.03%
$20,000 - $49,999.99 0.04% 0.04%
$50,000 & greater 0.08% 0.08%

Credit Union Membership

Type Fee
Membership Share $5.00 par value
Minimum balance fee $4.00 per month when balance falls below $100.00
Minimum Balance Fee per Member Number: Primary Savings, Other Savings, Personal Savings, Primary Checking, Other Checking, Vacation Club, Christmas Club and Certificate of Deposit (Excluding IRA Certificates of Deposit.) Must maintain $5.00. if you don’t you will be charged $5.00 per month. Account is exempt if this member number had a loan.

Savings Accounts

Type Fee
Vacation Club Early Withdrawal Fee/Early Closure $7.50

Checking Account Fees

Type Fee
Overdraft $45.00 per item
Overdraft protection for ACHs and share drafts $6.00 per notice
NSF $45.00 per item
Returned Item $45.00 per item
Stop Payment $20.00 per check
Check Printing Prices may vary depending upon style ordered.
Copy of Check $5.00 per copy
Christmas Club Early Withdrawal Fee/Early Closure $7.50

Other Service Fees (applicable to all accounts)

Type Fee
Escheat Fee $10.00 if account is sent to State of New Jersey if dormant for 3 years.
Minimum balance fee Must maintain $100.00 under member number at all times. If you don’t you will be charged $2.00 a month.
Account Research $50.00 per hour
Deposited Item Return $16.00 per item
Outgoing Wire Domestic $25.00 per transfer
Outgoing Wire International $40.00 per transfer
Legal Process $100.00 per notice
Lien or Levy $100.00 per notice
Stop Payment of Withdrawal Check $20.00 per item
Re-deposited Item $16.00 per item
Copy of Withdrawal Check/ or Regular statement $5.00 per copy
Copy of Interim Statement $5.00 per statement
Account History $1.00 per screen
Money Order $4.00
Cashiers Check $4.00
Western Union Money Order $20.00 item
Remail of W-9 Form $6.00 per item
Excessive Withdrawal (Primary Savings, Other Savings, and Vacation Club) $2.00 on the fourth withdrawal per quarter and balance is below $250.00
Copy of a Check Deposited Into Your Account $6 per item
IRS Backup Withholding $100.00 per notice
Dormant Account $7.50 per month if all of the following apply: • Member number has been dormant for at least twelve months • Combined balances under the member number, including IRAs, is below $150.00 • There are no outstanding loans or credit cards under member number
Locating Fee (for any correspondence returned for incorrect address) $3.00
Return statement fee (when statement is returned to us that the post office cannot forward) $3.00
Re-open closed account fee (if any closed share type is reopened within 6 months from date it was closed) $5.00

Electronic Funds Transfer Fees

Type Fee
ATM/VISA Check Card Annual Fee $16.00
Replacement of VISA/ATM Card $7.00
Remail of VISA/ATM PIN Number $2.00 per mailer
ATM Withdrawal and POS Transactions Six (6) free, thereafter $2.00 per item if combined balances in the primary savings & checking falls below $2,500.00 during month.
Debit card overdraft protection $4.00 per item if member has opted in the service; members that are opted out do not have overdraft protection for debit card transactions.
PAM (Personal Account Manager) with E-statements E-statement is free (if signed up for PAM). If inactive for 6 months the fee is $3.00 per month.
PAM (Personal Account Manager) without E-statements $2.00 per paper statement
Audio Response Six (6) free sessions per month, $0.50 thereafter
PAM (Personal Account Manager) & Bill Pay FREE
Copy of Bill Pay Check/ACH $8.00 per item
Search PAM (Personal Account Manager) Items $35.00 per hour
Overdraft $45.00 per item
Overdraft protection for ACHs and share drafts $4.00 per notice
NSF $45.00 per item
Returned Item $45.00 per item

Sunrise Checking (50+) Account Fees

Type Fee
Overdraft $45.00 per item
Overdraft protection for ACHs and share drafts $6.00 per notice
NSF $45.00 per item
Returned Item $45.00 per item
Stop Payment $20.00
Check Printing Standard checks are FREE
Copy of Check $5.00 per copy

Silver Money Market Savings Account Fees

Type Fee
Withdrawals, Transfers out and Electronic withdrawals combined per month, six (6), $1.00 per item thereafter
Minimum Balance Fee $10.00 if the balance falls below $2,500 during the month

Silver Money Market Checking Account Fees

Type Fee
Overdraft $45.00 per item
Overdraft protection for ACHs and share drafts $6.00 per notice
NSF $45.00 per item
Returned Item $45.00 per item
Stop Payment $20.00 per check
Check Printing 1/2 price on standard checks
Copy of Check $5.00 per copy
Withdrawals, Transfers out and Electronic withdrawals and Checks combined per month, six (6), $1.00 per item thereafter.
Minimum Balance Fee $10.00 if the balance falls below $2,500 during the month

Gold Money Market Savings Account Fees

Type Fee
Withdrawals, Transfers out and Electronic withdrawals combined per month, six (6), $1.00 per item thereafter.
Minimum Balance Fee $15.00 if the balance falls below $10,000 during the month

Gold Money Market Checking Account Fees

Type Fee
Overdraft $45.00 per item
Overdraft protection for ACHs and share drafts $6.00 per notice
NSF $45.00 per item
Returned Item $45.00 per item
Stop Payment $20.00 per check
Check Printing Standard checks FREE
Copy of Check $5.00 per copy
Withdrawals, Transfers out and Electronic withdrawals and Checks combined per month, six (6), $1.00 per item thereafter.
Minimum Balance Fee $15.00 if the balance falls below $10,000 during the month

IRA savings / CD Fees

Type Fee
Pre-59 1/2 Withdraw fee (excluding rollover or direct transfer) $25.00 per item

Other Service Fees

Type Fee
Account Closure $5.00 if closed within a 6-months of opening account
Check cashing (non-member) $2.50 if non-member wants to cash a members check

Savings Secured 100%

Term Preferred APR
4 years 5.74%
5 years 6.24%
6 years 6.49%
7 years 6.74%

Home Equity Fixed Rate

Loan Amount 60-months 120-months 180-months 240-months
$10,000.00 - $24,999.99 Contact the credit union Contact the credit union Contact the credit union Contact the credit union
$25,000.00 - $49,999.99 Contact the credit union Contact the credit union Contact the credit union Contact the credit union
$50,000.00 - $99,999.99 Contact the credit union Contact the credit union Contact the credit union Contact the credit union
$100,000.00 + Contact the credit union Contact the credit union Contact the credit union Contact the credit union

All Home Equity Loans carry an appraisal fee of $100 that will be refunded at settlement closing. Based on Fair Isaac Score (Learn more about Fair Issac scoring)

Secured by Mortgage (Fixed Rate): Up to 15 Years.

Secured by Mortgage (Adjustable Rate): This open line-of-credit is for 20 years. (The Prime Rate posted in The Wall Street Journal minus 0.25 for payroll deduction with automatic payment on the last business day of the month, if there is more than one rate the interest rate will be the average of all the posted rates). The interest rate is subject to change monthly.
   

Car

Term Preferred APR
3 years 2.74%
4 years 3.24%
5 years 3.74%

Loan Rates

Term Rate
Signature Line of Credit (as low as) 10.50% * **
Signature Loan (as low as) 10.00% * **
Auto Loans As Low As 1.80%**

* APR = Annual Percentage Rate. Rate based on creditworthiness, amount financed and includes .25% discount for auto loan payment from LOMTO FCU checking account.

**Rates subject to change without notice. Contact the Credit Union office for details.

Member Share Rates

Effective as of October 6, 2017

Type Terms Rate Yield
Youth Shares ** *** Balances >50.00 0.13% 0.13%
Money Market* Balances 500.00 - 9,999.99 0.19% 0.19%
Balances > 10,000.00 0.27% 0.27%
Holiday Club* Balances > 50.00 0.13% 0.13%
Share 01** *** Balances > 500.00 0.14% 0.14%
IRA Shares** *** Balances > 500.00 0.34% 0.34%
Share Draft/Checking** *** Balances > 1,000.00 0.10% 0.10%

*Monthly Dividends
**Quarterly dividends

The terms Rate and Yield refer to Annual Percentage Rate and Annual Percentage Yield (APR/APY)
***Rates are determined by the board of directors at the time dividends are paid. The rates represent the rate as of the last dividend period paid to members (historical).

Rates are subject to change without notice

Fee Schedule

League Of Mutual Taxi Owners FCU Fee Schedule

Type Fee
Membership Application $3.00
Draft Printing By Type
Dormant Account $30.00
Certified Letter Charge $2.00
Advertising Prorated
Returned Items (deposited or loan payments) $20.00
Transfer Fee Insufficient/Uncollected Funds $5.00
Insufficient Funds (pay or return) $20.00
Uncollected Funds (pay or return) $20.00
Account Activity Printout (per statement) $5.00
Copy of Paid Check (mailed) $4.00
Stop Payments (share draft or teller check) $30.00
Wire Transfer Domestic Outgoing $25.00
Wire Transfer Foreign Outgoing $50.00
Collection of Checks Drawn on Foreign Banks $20.00
ATM Replacement Card $2.00

Primary Savings (01), Member Savings (02), Statement Savings (03), Other Savings (04), Corporate Accounts (05), Personal Savings (06) (Effective 04-01-2014)

Balance Term APR APY
$2,500.00-$19,999.99 0.01% 0.01%
$20,000.00 & greater 0.03% 0.03%