Rates
View all of the rates we provide here at Strata Credit Union!
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Plus Checking
Minimum to Earn Dividend Minimum Opening Deposit Rate APY** Over $1.00 $25.00 0.05% 0.05%
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Share Savings
Minimum to Earn Dividend Minimum Opening Deposit Rate APY** $0.01 + $5.00 0.01% 0.01%
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Money Market
Minimum to Earn Dividend Minimum Opening Deposit Rate APY** Under $1.00 $2,500.00 0.00% 0.00% $1.00 - $2,499.00 $2,500.00 0.05% 0.05% $2,500.00 - $9,999.00 $2,500.00 0.05% 0.05% $10,000.00 - $49,000.00 $2,500.00 0.10% 0.10% $50,000.00 - $99,999.00 $2,500.00 0.15% 0.15% Over $100,000.00 $2,500.00 0.25% 0.25%
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Share Certificates
**One-year Bump-Up: Member has option for a one-time opportunity to raise the rate on the certificate to a higher rate if offered for the same term. Variable rate.Minimum to Earn Dividend Minimum Opening Deposit Rate APY** 3 Months $100.00 0.100% 0.10% 6 Months $100.00 0.150% 0.15% 12 Months** $100.00 0.200% 0.20% 24 Months $100.00 0.300% 0.30% 36 Months $100.00 0.499% 0.50% 48 Months $100.00 0.598% 0.60% 60 Months $100.00 0.747% 0.75%
**One-year Add-On: Member also has the opportunity to add to this certificate at any time during the certificate term. Minimum addition is $1000.00.
Penalty for early withdrawal.
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Wealth Builder Share Certificate
**Must select a monthly transfer amount (minimum $50) from your checking or savings account.Minimum to Earn Dividend Minimum Opening Deposit Rate APY*** 12 Months $100.00 3.68% 3.75%
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Auto Loans
Loan Type Rate Auto Loans 6.49% - 16.09%
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Motorcycle & Boat
Loan Type Rate Motorcycle & Boat Loans 11.25% - 18.00%
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Recreational Vehicles
Loan Type Rate Recreational Vehicle Loans 8.75% - 17.50%
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Mortgages
Loan Name Rate APR Points 30 Year Fixed Rate 6.125% As low as 6.304% 0.00% 20 Year Fixed Rate 6.000% As low as 6.236% 0.00% 15 Year Fixed Rate 5.875% As low as 6.170% 0.00% 10 Year Fixed Rate 5.625% As low as 6.039% 0.00% 15/15 ARM 30 Years 5.375% As low as 5.986% 0.00% 5/5 ARM 30 Years 5.000% As low as undefined 0.00% ARM ACKNOWLEDGEMENT
- 15/15 ARM Index for one-time rate adjustment is the 30 day SOFR Index plus 2.50% margin, cap 5%
- 5/5 ARM Index for adjustment is 5 year treasury bill plus 2.50% margin, 2% per adjustment. cap 5%
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ITIN
Now offering ITIN loans 30 year fixed.
For more information please call our Strata Mortgage Dept. (661) 632-1625
* APR calculations and interest rate quotes are based on a loan amount of $250,000 (purchase price or appraised value equals $312,500 or greater), owner-occupied purchase or refinance transaction secured by a single-family residence, loan-to-value of 80%, FICO score of 740 or higher, and a 60-day rate lock.
* Rates, fees, and Annual Percentage Rates (APRs) displayed may change without notice. Actual rates, fees, and APRs may vary based on credit scores and other factors. Minimum down payment varies based on loan type selected. Mortgage loans are subject to closing costs. Loans with a Loan to Value (LTV) of 80% or higher are subject to Private Mortgage Insurance (PMI).
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Home Equity
Speak with a Financial Service Representative for rates and terms on Home Equity Loan and Home equity Lines of Credit. For more information call (661) 632-1625.
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Personal Loans & Lines
Product APR Terms Rate Type Signature Loan 12.20% - 18.00% Under $10,000 - 36 months
Over $10,000 - 48 months
Over $15,000 - 60 monthsFixed Rate Preferred Draft Line of Credit 11.749% - 12.499% Open End Line of Credit Variable Rate Share Secured 7.375% Up to 10 years Variable Rate Certificate Secured 7.375% Up to 10 years Variable Rate Credit Builder 7.375% Up to 24 months for loans under $2,000
Up to 36 months for loans up to $10,000Variable Rate Money Market Secured Loans 7.375% Up to 10 years Variable Rate
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Credit Card
Product Name APR Benefit Mastercard Platinum without Rewards 11.50% - 18.00% Classic credit card without point rewards. Mastercard Platinum with Rewards 13.50% - 18.00% Build reward points while you utilize credit for products or experiences.
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Strata Credit Union Fee Schedule
Type Fee Account Activity Printout $2.00 Account Balancing and Research 1 Hour $25.00 Below Share Minimum (CID) $2.00 Below Share Minimum (Primary Share) $2.00 Below Share Minimum (Trust) $2.00 Below Minimum Balance Fee (Money Market) (minimum balance $2,500.00) monthly $5.00 Cashier Check Written to 3rd Party $3.00 Check or Document Copy $2.00 Coin Counter – Member (Waived for members under the age of 16) 2% Coin Counter – Non-Member 7% Courtesy Pay Fee – Per Item (*charges not to exceed $90 per day) $15.00 Debit/Credit Card Rush Fee $25.00 Demand Fee $30.00 DMV Fee $50.00 Express Mail Varies Inactive Account Fee – Monthly Fee $5.00 Insufficient Funds Fee – Per Item $15.00 Instant Loan Application Fee (Approved or Declined) $20.00 IRA Fee $5.00 International Service Assessment Fee (Debit and Credit Cards) 1% of trans amt Levy $30.00 Lost/Stolen Monetary Instrument $20.00 Medallion Stamp $20.00 Money Order $3.00 Mutilated Currency Fee $10.00 Out of Country Authorizations $30.00 Overdraft Transfer (Share) $5.00 Plus Checking Account** 7.00 Replacement Debit/Credit Card $10.00 Returned Item Fee $15.00 Return Mail Fee $5.00 Right Now Loan Application Fee (Approved or Declined) $20.00 Skip-A-Pay Fee $30.00 Starter Checks $2.00 Stock Rewards Checking $3.00 Stop Payment Fee – Share Draft and ACH $20.00 Subordination Fee $100.00 Verification of Deposit $10.00 Visa Gift Card $4.00 Wire Transfer Fee – Incoming $10.00 Wire Transfer Fee – Outgoing Domestic $25.00
Effective December 1, 2023
*Payment by the credit union is a discretionary courtesy and not a right of the member or an obligation of the credit union. This privilege for consumer share draft accounts will be limited to a maximum amount of $ 1,500.00 overdraft (negative) balance. Transaction types that are eligible for courtesy pay include and are limited to: ACH transactions, Drafts and On-Us Checks at the teller counter. You must bring your account balance to a positive balance within every thirty (30) day period for a minimum period of 24 hours. The credit union in its discretion, can cancel this protection and cease paying overdrafts at any time without prior notice of reason cause.
**For Plus Checking, you must maintain a balance of $2,000.00 in this checking account to avoid a Service Fee. The Service Fee may be waived if you have an aggregate of $10,000.00 in the plus checking and any combination of savings accounts, IRA, Money Market and share certificates.
Disclosures
Rates effective as of 4/01/2025
Become a Member
Strata Credit Union is member-owned. That means every dollar you put in goes right back to you in the form of better rates, lower fees, and dividends. At Strata, we put our members first. Anyone who lives, works, or attends an educational or religious institution within Kern County is eligible for membership.