Cd Loan
First Independence Bank’s Good Start CD Loan Program is designed for individuals looking to establish or rebuild credit using a Certificate of Deposit (CD) as collateral. The CD may be funded by the proceeds from the loan or the applicant’s own proceeds. It is a fast, convenient, low cost way of obtaining a loan.
Home Equity Loan Rates
Term APR* Monthly Payment Per $10,000 Borrowed 1 - 60 mos. as low as 3.49% $181.87 61 - 120 mos. as low as 4.49% $103.59 121 - 180 mos. as low as 4.74% $77.73 *Annual Percentage Rate (APR) applies to Loan-to-Value (LTV) less than or equal to 80%. APR will not be less than 3.24% or greater than 6.49%. The interest rate you receive will be based on your credit history. Hazard Insurance is required. For loans over $150,000, Title Insurance is required. Loan subject to final approval. Terms and rates subject to change without notice and apply to loans in the 2nd lien position.
Home Equity Line of Credit
3.99% Variable APR Home Equity Line Amounts* Monthly Payment Examples $8,000 $100.00 $20,000 $147.86 $30,000 $221.79 *Annual Percentage Rate (APR) applies to Loan-to-Value (LTV) less than or equal to 80%. Home Equity Line of Credit is subject to a Variable Rate which is based on the highest Prime Rate as published in the Wall Street Journal and will be the rate 10 days prior to the first day of each calendar quarter of each year. Rate will never be less than 3.99% nor greater than 18%. The interest rate you receive will be based on your credit history. APR as low as Prime Rate - 0.01% Margin. Rates accurate since 04/09/20. Hazard Insurance is required. For loans over $150,000, Title Insurance is required. Line of Credit subject to final approval. Terms and rates subject to change without notice.
Auto Loans
Type Term APR Minimum Maximum New and Used 1 - 66 mos. as low as 2.99%* $3,000 $75,000 New and Used 67 - 75 mos. as low as 3.24%* $15,000 $75,000 New and Used 76 - 84 mos. as low as 3.99%* $20,000 $75,000 *APR=Annual Percentage Rate. The interest rate you receive will be based on your credit history. APR will not be less than 2.99% for new cars or used cars, or greater than 18.00%. Payment Example: Monthly payments for a $20,000 Auto loan at 2.99% APR for a term of 5 years would result in 60 monthly payments of $359.70. Satisfactory vehicle insurance required. Freedom Loans and Lines of Credit can't be refinanced and other conditions may apply. Terms and rates are subject to change without notice.
Credit Card Rates
Product APR* Cash Back Visa® as low as 10.65%* *APR = Annual Percentage Rate. Rates accurate as of 3/26/20. The total maximum unsecured debt per member is $30,000. Terms and rates are subject to change without notice. For Credit Cards, an eligible co-borrower will be required unless the Cardholder has independent means of repaying any credit extended. The interest rate that you receive will be based on your credit history.
Personal Loan Rates
Loan Type APR* Share Secured Loan 7.00% Personal/Signature Loan Fixed & as low as 8.99%** Term Share Certificate Secured Loan 7.00%*** Overdraft/Line of Credit Variable & as low as 10.15%**** *APR=Annual Percentage Rate. The maximum total unsecured debt per Member is $30,000. Terms and rates are subject to change without notice.
**The interest rate you receive will be based on your credit history. APR will not be less than 8.99% or greater than 17.99%. Loan minimum is $500. If you are refinancing a Freedom Loan or Line of Credit, a minimum of $500 in new borrowing is required.
***The greater of 7% APR or 2% above the Term Share Certificate rate.
****The interest rate you receive will be based on your credit history. APR will not be less than 10.15% or greater than 17.9%.
Checking & Savings Rates
Account Dividend Rate APY* Min. Deposit to Open Checking Earn some dividends Earn some dividends $0 Primary Savings 0.10% 0.10% $5 Club Savings 0.10% 0.10% $0 IRA Savings 0.10% 0.10% $0 Education Savings 0.10% 0.10% $0 Health Savings 0.05% 0.05% $0 Money MarketTier 1: $0 - $9,999.99 0.10% 0.10% $0 Money MarketTier 2: $10,000 and up 0.20% 0.20% $10,000 *Annual Percentage Yield. Dividends on IRA, Savings, Club, and Checking Accounts are computed monthly on average daily balances of $5 or more and posted monthly. The Money Market Account Tier 2 has a variable rate which will be greater than our regular savings rate, and subject to daily adjustments. Dividends will be paid monthly on the average daily balance, based upon the current tier level rates. Fees may reduce earnings. Regulations prohibit payment in excess of available earnings. The rate listed is the rate that the Credit Union anticipates paying as of 11/10/2020. Rates subject to change without notice and may change after account is opened.
CDs & IRA Rates
Term Annual Dividend Rate* APY** 6 mos. 0.30% 0.30% 12 mos. 0.50% 0.50% 18 mos. 0.55% 0.55% 24 mos. 0.60% 0.60% 30 mos. 0.65% 0.65% 36 mos. 0.75% 0.75% 48 mos. 0.80% 0.80% 60 mos. 0.90% 0.90% *Regulations prohibit payment in excess of available earnings. Penalty required for early withdrawal. Rates accurate since 2/21/21. Terms and rates are subject to change without notice. Fees may reduce earnings.
**APY = Annual Percentage Yield. A minimum deposit of $500 ($250 for Youth CD - 25 or younger) is required to open a CD. Rates are accurate since 2/21/21. Dividends are calculated by the actual daily balance method which applies a daily periodic rate to the balance in the CD each day. The Dividend Rate and APY at time of purchase are fixed and will be in effect for the term of the CD. Fees may reduce earnings. Terms and rates are subject to change without notice. For rates and fees, see our Rate and Fee Schedule.
Features of our Deposit Secured Loans include: Maximum of 60 months, with minimum payments of interest due quarterly. If using a Certificate of Deposit as collateral, the term of the loan cannot exceed the term of the CD. Click here to apply for a Deposit Secured Loan today. There are financing options for you beyond a traditional bank loan. Get From $10,000 – $500,000 to help you buy a business, purchase equipment, expand your business, cover payroll, optimize your cash flow, start a business, make lease payments and more Credit Scores As. Or search by HOME OFFICE or LOAN LOCATION. Year: 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996.
Deposit Rates
Personal CD
| Term | APY* | Interest Rate | Initial Deposit |
|---|---|---|---|
| 6 Month Promo CD | 0.250% | 0.250% | $500 |
| 12 Month Promo CD | 0.300% | 0.299% | $500 |
| 24 Month Promo CD | 0.400% | 0.399% | $500 |
| 60 Month Promo CD | 0.700% | 0.698% | $500 |
| 3 Month CD | 0.050% | 0.050% | $500 |
| 6 Month CD | 0.100% | 0.100% | $500 |
| 18 Month CD | 0.200% | 0.199% | $500 |
| 1 Year CD | 0.150% | 0.149% | $500 |
| 2 Year CD | 0.250% | 0.249% | $500 |
| 3 Year CD | 0.300% | 0.299% | $500 |
| 4 Year CD | 0.350% | 0.349% | $500 |
| 5 Year CD | 0.450% | 0.449% | $500 |
*APY - Annual Percentage Yield
Rates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Money Market Checking Account
| Balance | APY* | Interest Rate |
| 0-2,499 | 0.000% | 0.000% |
| 2,500-24,999 | 0.050% | 0.049% |
| 25,000-49,999 | 0.100% | 0.099% |
| 50,000-99,999 | 0.100% | 0.099% |
| 100,000+ | 0.100% | 0.099% |
Money Market Savings Account
| Balance | APY* | Interest Rate |
| 0-2,499 | 0.000% | 0.000% |
| 2,500-24,999 | 0.100% | 0.099% |
| 25,000-49,999 | 0.150% | 0.149% |
| 50,000-99,999 | 0.150% | 0.149% |
| 100,000+ | 0.200% | 0.199% |
Rates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Share Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 299 | 0.000% | 0.000% |
| 300+ | 0.100% | 0.099% |
Secondary Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0-299 | 0.000% | 0.000% |
| 300+ | 0.100% | 0.099% |
Central Cents Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0.01+ | 0.100% | 0.099% |
Choice Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 1,499 | 0.100% | 0.099% |
| 1,500+ | 0.150% | 0.149% |
Youth Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0-299 | 0.050% | 0.049% |
| 300-1,499 | 0.100% | 0.099% |
| 1,500+ | 0.150% | 0.149% |
Health Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 2,499 | 0.150% | 0.149% |
| 2,500 - 24,999 | 0.150% | 0.149% |
| 25,000+ | 0.150% | 0.149% |
Medical Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 2,499 | 0.100% | 0.099% |
| 2,500 - 24,999 | 0.100% | 0.099% |
| 25,000+ | 0.100% | 0.099% |
Coverdell Education Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 299 | 0.100% | 0.099% |
| 300+ | 0.150% | 0.149% |
Idaho First-Time Home Buyer Savings
| Balance | APY* | Interest Rate |
|---|---|---|
| 0-2,499 | 0.150% | 0.149% |
| 2,500-24,999 | 0.150% | 0.149% |
| 25,000+ | 0.150% | 0.149% |
Rates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
IRA Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 299 | 0.100% | 0.099% |
| 300+ | 0.150% | 0.149% |
IRA Money Market Savings Account
| Balance | APY* | Interest Rate |
|---|---|---|
| 0-2,499 | 0.050% | 0.049% |
| 2,500-24,999 | 0.100% | 0.099% |
| 25,000-49,999 | 0.150% | 0.149% |
| 50,000-99,999 | 0.200% | 0.199% |
| 100,000+ | 0.250% | 0.249% |
IRA Certificate of Deposit Account
| Term | APY* | Interest Rate | Initial Deposit |
|---|---|---|---|
| 6 Month Promo CD | 0.250% | 0.250% | $500 |
| 12 Month Promo CD | 0.300% | 0.299% | $500 |
| 24 Month Promo CD | 0.400% | 0.399% | $500 |
| 60 Month Promo CD | 0.700% | 0.698% | $500 |
| 3 Month CD | 0.050% | 0.050% | $500 |
| 6 Month CD | 0.100% | 0.100% | $500 |
| 1 Year CD | 0.150% | 0.149% | $500 |
| 18 Month CD | 0.200% | 0.199% | $500 |
| 2 Year CD | 0.250% | 0.249% | $500 |
| 3 Year CD | 0.300% | 0.299% | $500 |
| 4 Year CD | 0.350% | 0.349% | $500 |
| 5 Year CD | 0.450% | 0.449% | $500 |
A penalty may be imposed for early withdrawal. No institutional deposits. Fees may reduce earnings.
*APY - Annual Percentage Yield
Rates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Loan Rates
Auto Rates
| Age of Vehicle | Loan Term | Interest Rate* |
|---|---|---|
| 2018 or newer | 36 months | 2.390% |
| 2018 or newer | 48 months | 2.840% |
| 2018 or newer | 60 months | 2.890% |
| 2018 or newer | 72 months | 3.190% |
| 2018 or newer | 84 months | 4.190% |
| 2015-2017 | 48 months | 3.040% |
| 2015-2017 | 60 months | 3.090% |
| 2015-2017 | 72 months | 3.390% |
| 2015-2017 | 84 months | 4.450% |
| 2012-2014 | 48 months | 3.490% |
| 2009-2011 | 48 months | 4.790% |
Small Recreational Vehicles
| Age of Vehicle | Loan Term | Interest Rate* |
|---|---|---|
| 2018 or newer | 48 months | 4.440% |
| 2018 or newer | 72 months | 5.440% |
| 2018 or newer | 84 months | 6.200% |
| 2015-2017 | 36 months | 5.490% |
Large Recreational Vehicles
| Age of Vehicle | Loan Term | Interest Rate* |
|---|---|---|
| 2018 or newer | 120 months | 4.340% |
| 2018 or newer | 144 months | 4.790% |
Street Motorcycle
| Age of Vehicle | Loan Term | Interest Rate* |
|---|---|---|
| 2018 or newer | 60 months | 3.990% |
| 2015-2017 | 60 months | 6.290% |
| 2011-2014 | 60 months | 6.440% |
*The annual percentage rates listed are our best rates. Your rate and/or term may vary depending on credit history and underwriting criteria.
Rates valid for Saturday, March 6, 2021.
Visa Credit Cards
| Type | APR* | Grace Period for Purchases | Annual Fee |
|---|---|---|---|
| Premier Rewards | Variable rate as low as 12.74% | 20 to 25 days | None |
| Rewards | Variable rate as low as 8.74% | 20 to 25 days | None |
| Variable-Rate Platinum | Variable rate as low as 7.74% | 20 to 25 days | None |
| Fixed-Rate Platinum | Fixed rate as low as 13.99% | 20 to 25 days | None |
*APR - Annual Percentage Rate
Rates valid for Saturday, March 6, 2021.
Signature Loans
| Rate* | Loan Term |
|---|---|
| 8.890% | 12 Months |
| 8.890% | 24 Months |
| 9.590% | 36 Months |
| 9.790% | 48 Months |
| 9.990% | 60 Months |
| 10.490% | 72 Months |
Share Secured Loans
| Type | Rate* |
|---|---|
| Share Secured | 3.900% |
| CD Secured | 3.900% |
*The annual percentage rates listed are our best rates. Your rate and/or term may vary depending on credit history and underwriting criteria.
Rates valid for Saturday, March 6, 2021.
Home Equity Loans
APPLY NOW| Type | Rate* | APR |
|---|---|---|
| Home Equity Line of Credit | 3.250% | 3.250% |
*The annual percentage rates listed are our best rates. Your rate and/or term may vary depending on credit history and underwriting criteria.
Rates valid for Saturday, March 6, 2021.
Home Loans
APPLY NOW| Loan | Interest Rate | APR* |
|---|---|---|
| 15 year Fixed Rate - Purchase | 2.375% | 2.647% |
| 15 year Fixed Rate - Refinance | 2.750% | 3.028% |
| 30 year Fixed Rate - Purchase | 3.000% | 3.153% |
| 30 year Fixed Rate - Refinance | 3.375% | 3.533% |
| Advantage ARM | 2.999% | 3.718% |
| Construction Loan | 3.500% | 3.659% |
| FHA 30 Year Fixed Rate | 2.875% | 3.180% |
| Freedom Mortgage - Existing ICCU Loan | 3.190% | 3.190% |
| Freedom Mortgage - New to ICCU | 2.790% | 2.790% |
| Idaho Housing First Loan (FHA/VA/RD) | 3.000% | 3.180% |
| Jumbo Purchase | 2.690% | 2.843% |
| USDA RD 30 Year Fixed Rate | 2.875% | 3.480% |
| VA 30 Year Fixed Rate | 2.870% | 3.162% |
*APR - Annual Percentage Rate*The annual percentage rates listed are our best rates. Your rate and/or term may vary depending on credit history and underwriting criteria.
Rates valid for Saturday, March 6, 2021.
Business Rates
Cd Loan Payment Calculator
Business CDs
| Term | APY* | Interest Rate | Initial Deposit |
|---|---|---|---|
| 6 Month Promo CD | 0.250% | 0.250% | $500 |
| 12 Month Promo CD | 0.300% | 0.299% | $500 |
| 24 Month Promo CD | 0.400% | 0.399% | $500 |
| 60 Month Promo CD | 0.700% | 0.698% | $500 |
| 3 Month CD | 0.050% | 0.050% | $500 |
| 6 Month CD | 0.100% | 0.100% | $500 |
| 18 Month CD | 0.200% | 0.199% | $500 |
| 1 Year CD | 0.150% | 0.149% | $500 |
| 2 Year CD | 0.250% | 0.249% | $500 |
| 3 Year CD | 0.300% | 0.299% | $500 |
| 4 Year CD | 0.350% | 0.349% | $500 |
| 5 Year CD | 0.450% | 0.449% | $500 |
A penalty may be imposed for early withdrawal. No institutional deposits. Fees may reduce earnings.
Cd Loan Bank Of America
*APY - Annual Percentage YieldRates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Business Money Market Checking Account
| Balance | APY* | Interest Rate |
| 0-2,499 | 0.050% | 0.049% |
| 2,500-24,999 | 0.100% | 0.099% |
| 25,000-49,999 | 0.150% | 0.149% |
| 50,000-99,999 | 0.150% | 0.149% |
| 100,000-249,999 | 0.150% | 0.149% |
| 250,000+ | 0.150% | 0.149% |
Business Premium Money Market Savings Account
| Balance | APY* | Interest Rate |
| 0-2,499 | 0.100% | 0.099% |
| 2,500-24,999 | 0.150% | 0.149% |
| 25,000-49,999 | 0.200% | 0.199% |
| 50,000-99,999 | 0.200% | 0.199% |
| 100,000-249,999 | 0.250% | 0.249% |
| 250,000+ | 0.250% | 0.249% |
Rates valid for Saturday, March 6, 2021.
The interest rate and annual percentage yield may change at any time, as determined by the credit union board of directors.
Business Visa Credit Cards
| Type | APR* | Grace Period for Purchases | Annual Fee |
|---|---|---|---|
| Business Premier Rewards | Variable rate as low as 12.74% | 20 to 25 days | None |
| Business Visa Rewards | Variable rate as low as 8.74% | 20 to 25 days | None |
| Business Visa Platinum | Variable rate as low as 7.74% | 20 to 25 days | None |
*APR - Annual Percentage Rate
Rates valid for Saturday, March 6, 2021.
Business Share Savings Rates
| Balance | APY* | Interest Rate |
|---|---|---|
| 0 - 299 | 0.000% | 0.000% |
| 300+ | 0.100% | 0.099% |
Business Secondary Savings Rates
| Balance | APY* | Interest Rate |
|---|---|---|
| 0-299 | 0.000% | 0.000% |
| 300+ | 0.100% | 0.099% |
Rates valid for Saturday, March 6, 2021.