Heart of Louisiana Credit Union - logo

Rates & Fees

Heart Rates.

New Vehicle Loans

Length of TermMaximum Loan AmountAPR
36 MonthsLess than $15,000.002.75%
48 Months$15,000.00-$19,999.993.25%
60 Months$20,000.00-$29,999.993.50%
72 Months$30,000.00-$39,999.993.75%
84 Months$40,000.00-Greater4.00%

“Second Chance” Vehicle Loans

Length of TermMaximum Loan AmountAPR
36 Monthsless than $15,000.003.75%
48 Months$15,000.00-$19,999.994.25%
60 Months$20,000.00-$29,999.994.50%
72 Months$30,000.00-$39,999.994.75%
84 Months$40,000.00-Greater5.00%

Used/Program Vehicle Loans

Length of TermMaximum Loan AmountAPR
36 MonthsLess than/equal to 100%3.75%
48 MonthsLess than/equal to 100%4.24%
60 MonthsLess than/equal to 100%4.35%
72 MonthsLess than/equal to 100%4.49%

1. Maximum loan amount is 100% of NADA “Clean Retail” for used vehicles. Maximum loan term based on “Clean Retail” for used vehicles.
2. Existing loans must have originated within the last 12 months. The maximum mileage is 25,000. The maximum term is 72 months.
3. APR = Annual Percentage Rate. The actual Interest Rate will be determined based on members’ overall credit history and score. Not all members will qualify for the lowest rate disclosed. Rates are subject to change without notice. Rates are current as of 12/1/19.

Home Loans

 
For Home Loan rates, please contact us at 800-264-4562.

APR = Annual Percentage Rate. The actual Interest Rate will be determined based on members’ overall credit history and score. Not all members will qualify for the lowest rate disclosed.

New Mobile Home Loan

Length of Term Maximum Loan AmountAPR
60 Monthsless than $20,000.006.75%
120 Monthsless than $20,000.007.25%
180 Months$20,000.00-$29,999.997.75%
240 Months$30,000.00- Greater8.25%

Used Mobile Home Loan

Length of Term Maximum Loan AmountsAPR
60 Monthsless than $10,000.006.75
120 Months$10,000.00-$19,999.997.25
180 Months$20,000.00- Greater7.75

APR = Annual Percentage Rate. The actual Interest Rate will be determined based on members’ overall credit history and score. Not all members will qualify for the lowest rate disclosed. Rates are current as of 10/25/2019.

New and Used Boat/RV Loans

Length of TermMaximum Loan AmountAPR
36 Monthsless than $10,0004.25%
48 Months$10,000.00-$19,999.995.25%
60 Months$20,000.00-$29,999.995.450%
72 Months$30,000.00-$39,999.995.75%
96 Months$30,000.00-$39,999.996.25%
120 Months$40,000.00-$49,999.996.50%
144 Months$40,000.00-$49,999.996.75%
180 Months$50,000.00 and Greater7.00%
Number Of MonthsLoan AmountsAPR
36 Monthsless than $10,0004.25%
48 Months$10,000.00-$19,999.995.25%
60 Months$20,000.00-$29,999.995.50%
72 Months$30,000.00-$39,999.995.75%
96 Months$30,000.00-$39,999.996.25%
120 Months$40,000.00-$49,999.996.50%
144 Months$40,000.00-$49,999.996.75%
180 Months$50,000.00 and Greater7.00%

1. Maximum loan amount is 100% MSRP on new boats/RVs and NADA “Average Retail” for used boats/RVs. Maximum loan term based on “Average Retail” for boats/RVs.
2. APR = Annual Percentage Rate. The actual Interest Rate will be determined based on members’ overall credit history and score. Not all members will qualify for the lowest rate disclosed. Rates are subject to change without notice. Rates are current as of 10/25/2019.

Savings Accounts

Account TypeMinimum BalanceDividend RateAPY
Regular Shares$10.000.10%0.10%
Sub Shares-0.40%0.40%
Christmas Club Shares-2.96%3.00%
Lucky Lagniappe Savings$5.000.10%0.10%
IRA Shares-0.55%0.55%
Money Market (Safe) Shares$2,5000.25%0.25%

Money Market Share Certificates

Length of TermMinimum BalanceDividend RateAPY
3 Months$1,0000.20%0.20%
6 Months$1,0000.25%0.25%
1 Year$1,0000.30%0.30%
2 Years$1,0000.40%0.40%
3 Years$1,0000.55%0.55%
4 Years$1,0000.70%0.70%
5 Years$1,0001.00%1.00%

IRA Share Certificates

Length of TermMinimum BalanceDividend RateAPY
1 Year$1,0000.45%0.45%
2 Years$1,0000.54%0.54%
3 Years$1,0000.70%0.70%
5 Years$1,0001.14%1.15%

Completely Free Checking Account

Minimum BalanceDividend RateAPY
-N/AN/A

1. APY = Annual Percentage Yield
2. Fees may reduce earnings on share accounts.
3. Shares are variable rate accounts and are subject to change without notice.
4. Early withdrawal penalty may apply on share certificate accounts.
5. Advertised rates are subject to change without notice. Rates are current as of 10/25/2019.

Personal Loans & Credit Cards

Account TypeAPR
Personal Loan9.75%
Line of Credit9.75%
Visa Credit Card7.90%

Share Secured Loans

Account TypeLength of TermAPR
Share Secured Loan (PDR .10%)12 Months3.60%
Share Secured Loan (PDR .10%)24 Months4.10%
Share Secured Loan (PDR .10%)36 Months4.60%
Share Certificate Secured Loan-Certificate Rate + 3.50%

APR = Annual Percentage Rate. The actual Interest Rate will be determined based on members’ overall credit history and score. Not all members will qualify for the lowest rate disclosed. Rates are subject to change without notice. Rates are current as of 10/25/2019.

Service Fees

ACCOUNT CHARGES Fees
NSF/Overdraft Item$25.00
Courtesy Pay$25.00
Automatic Overdraft Transfer$2.00
Stop Payment$25.00
Share Draft Order (quantities vary)depends on style
Share Account Below Minimum ($10.00) Balance$2.00
Share Account Closed Within 6 Months of Opening$10.00
Dormant Share Account (12 months inactive)$5.00 quarterly
Share Account Withdrawals (3 per month at no charge, maximum 6$5.00
Money Market Early Withdrawal Penalty
3 month, 6 month, 12 month certificate90 days earned dividend
24, 36, 48, 60 month certificate120 days earned dividend
AUTOMATED/24-HOUR SERVICE CHARGES
Heart of LA ATM TransactionFREE
Non-member ATM Transaction$2.00
Foreign ATM Transaction (4 per month at no charge)$2.00
Visa Check Card Lost (per card)$15.00
Visa Check Card Replacement (per card)$5.00
Visa Check Card - Priority Issue$35.00
Visa Check Card Overdraft Item$25.00
Visa Transaction Dispute/Chargeback DeniedActual Cost
INTERNET OPTIONS
Online BankingFREE
"Bill Payer" {unlimited transactions}FREE
Bill Pay Check Copies$5.00
Bill Pay Rush Payments (Draft Check) Next Business Day$19.95
Bill Pay Rush Payments (Draft Check) Second Business Day$14.95
Bill Pay Rush Payments (Electronic Payment) Second Business Day$4.95
Gift Pay- Gift Check$2.99
Gift Pay-Donation Check$1.99
Mobile BankingFREE
Mobile DepositFREE
MISCELLANEOUS SERVICE CHARGES
Returned/Unpaid Item - Business Account$15.00
Returned/Unpaid Item$15.00
Account Research/Reconcile (per hour, $10.00 minimum)$20.00
Christmas Club Early Withdrawal$25.00
Item Processed for Collection$15.00
Account History Printout (to prior statement date)$2.50
Returned Mail Fee / Bad Address$5.00
Statement Copy$5.00
Photocopy (per page)$1.00
Fax Transmission (per page)$1.00
Money Order$1.75
Cashier's Check$3.00
Safe Deposit Box Annual Rental
– Size 3 x 5$20.00
– Size 3 x 10$35.00
– Size 5 x 10$45.00
– Size 10 x 10$85.00
Safety Deposit Box Drilling and/or Key ReplacementBased on Actual Cost to Credit Union
Prepaid Cards$2.50
Tax Levy Fee$25.00
Outgoing Wire Transfer$15.00
International Wire Transfer$40.00
Lagniappe Savings Early Withdrawal1st $10.00 / 2nd $25.00
Collateralized Loan Doc Fee$50.00
BUSINESS CHECKING
Monthly Fee$10.00
Cash Orderper $100$0.20
Coin Orderper $400$0.20