Current Rates

With approved credit. Rates may increase depending on individual credit history. Rates subject to change without notice. See the Credit Union for details.

SHARE TYPES

Truth-in-Savings Disclosures
Except as specifically described, the following disclosures apply to all accounts. All accounts are share accounts.

1. Rate Information
The Annual Percentage Yield (APY) is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Omaha Police Federal Credit Union’s Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. The Regular Shares, Kirby Kangaroo Club, Vacation Club and Preferred Market Account (PMA) are Tiered Rate accounts. The Preferred Market Account rate is determined by the last 4 weeks average of 13 and 26 week T-Bill rates. If your account balance is $2,499.99 or below, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule apply. If your account balance is $2,500.00- $24,999.99, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. If your account balance is $25,000.00 or greater, the third Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular balance range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.

2. Nature of Dividends
Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

3. Dividend Compounding and Crediting
The compounding and crediting of dividends and dividend period applicable to each account are set forth in the Rate Schedule. The Dividend Period is the period of time at the end of which an accounts earns dividend credit. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.

4. Accrual of Dividends
For all accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

5. Balance Information
The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For all accounts, there is a minimum average daily balance required to obtain the Annual Percentage Yield for the dividend period. If the minimum Average Daily Balance is not met, you will not earn the state Annual Percentage Yield. For all accounts using an Average Daily Balance method, dividends are calculated by applying a periodic rate to the average daily balance in the account for the period. The Average Daily Balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

6. Account Limitations
For all Share accounts which includes Kirby Kangaroo Club, Vacation Club and Christmas Club accounts, no more than six (6) preauthorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. PMA cannot be used as security for a loan. The Credit Union will not automatically transfer from this account to cover negative balances in other accounts (i.e., share drafts, share accounts.) This account is not covered by Credit Union pay life insurance. For IRA Share and Share Draft accounts, no account limitations apply.

SHARE CERTIFICATE RATES

The following rates are quoted "AS LOW AS". They may not apply to every borrower. The rate will never be higher than the maximum allowed by law. *APR = Annual Percentage Rate

MORTGAGES

Loan Type	Term	APR*
15 or 30 Year Mortgage	15 or 30 Years	Call for current rates
First Lien	0-60 Months	6.00%
First Lien	61-120 Months	6.50%
First Lien	121-180 Months	6.75%
Second Mortgage (up to 90% equity)	0-60 Months	6.00%
Second Mortgage (up to 90% equity)	61-120 Months	6.50%
Second Mortgage (up to 90% equity)	121-180 Months	6.75%
Second Mortgage (100% equity)	0-60 Months	6.50%
Second Mortgage (100% equity)	61-120 Months	7.75%
Second Mortgage (100% equity)	121-180 Months	8.00%

LAND

Term	APR
1-5 Years	8.00%
5-10 Years	8.50%

Requires Appraisal, Title Insurance/Search, Flood Determination, Filing Fees, Real Estate Loan Payoff Quote Fee, Compilation of Verification of Loan Fee, and Origination Fees

MOBILE HOMES (must have 20% down)

Term	APR
1-5 Years	10.25%
5-10 Years	10.75%
10-15 Years	11.75%

AUTOS - NEW & USED
(2007-New)

AUTOS - USED
(2004-2006)

AUTOS - USED
(2003 & Older)

SHARE & CD SECURED

SIGNATURE

SHARE DRAFT/LINE OF CREDIT

For other fees, please contact the Credit Union

CREDIT CARD RATES