News

FERKO ANNOUNCES NEW MORTGAGE AFFILIATION!
FERKO is pleased to announce that we have affiliated with Mortgage Markets CUSO to provide first mortgages and refinances for our members. Mortgage Markets CUSO is a full-service mortgage company that provides unmatched service to members. FERKO members may contact Mortgage Markets CUSO at (860) 454-4252, or click on the link on our website. If you are looking for a mortgage, or want to refinance your existing one, contact Mortgage Markets CUSO today. You’ll be glad that you did.

CHRISTMAS CLUB CHECKS WILL BE ON THE WAY!
Christmas Club checks will be mailed on Monday, October 2, 2023 to Christmas Club members that do not elect to pick up their checks, or have the Christmas Club balance rolled over for 2024, or transferred to their regular share or share draft account. Opening a Christmas Club account is a great way to save for holiday purchases and can make your holiday shopping less stressful knowing you have set aside funds in advance.

OUR CAR LOAN RATES ARE STILL LOW
Are you in the market for a new or like new vehicle? If so, look us up before or after you make the purchase. FERKO can pre-approve you for an auto loan in as little as 15 minutes. We can also refinance a vehicle that you have recently purchased. Look over on the next page and contact us at (301) 662-7266 for details!

FERKO HAS GREAT CREDIT CARD RATES!
Many credit cards have an adjustable rate that is tied to the prime rate, or other factors, and have annual fees. Our VISA Platinum cards feature a fixed interest rate and no annual fee. Your interest rate will be determined by your credit score and could be as low as 9.9%. Credit limits range from $500 to $10,000. Applications can be approved in as little as 15 minutes. Check us out today for one of the best deals on credit cards!

PLEASE CONTACT US IF YOU HAVE MOVED OR ARE GOING TO BE MOVING!!

THANK YOU!!

FERKO OFFICE CLOSINGS
FERKO will be closed for the following holidays:
Mon, Sept 4, 2023 – Labor Day Fri, Nov 10, 2023 – Veteran’s Day
Mon, Oct 9, 2023 – Columbus Day Thu & Fri, Nov 23 & 24, 2023 – Thanksgiving

SHARE RATES
EFFECTIVE JULY 1, 2023
TYPE A.P.Y.
Regular Shares: 0.10%
Christmas Club: 0.10%
LOAN RATES
EFFECTIVE JULY 1, 2023

TYPE OF LOAN A.P.R.
Signature Loan ($6,000 max. – 36 month max): 10.50%
Credit Cards ($500 – $10,000)… as low as 9.90%
Share-Secured Loans 3.10%
New Vehicle Loans:
100% financing: 4.50% – 6.00%
25% – 49% down: 4.25% – 5.75%
50% or greater down: 4.00%
Used Vehicle Loans (84-Month Financing Now Available – Used 2023, 2022 Models Only)
100% of N.A.D.A. Avg. Retail Value: 5.25% – 8.50%
Mortgage Loans / Refinances – Check our website for links and information
(See our website www.ferkomfcu.com for current rates)
FERKO MD Federal Credit Union is an equal housing lender
Subject to credit approval
APR – Annual Percentage Rate APY – Annual Percentage Yield