Current Rate
To help make life more affordable, Southeast Michigan State Employees FCU offers competitive rates to our members. Since credit unions are not-for-profit, our profits go toward bringing our members great rates when they need them most.
Loan Rates
New and Used Auto Loan Rates (Less Than 5 years Old)
Effective Date: May 2025
| Loan Type | APR* as low as | Term(Months) |
|---|---|---|
| Spring Loan Special (Now through May 31, 2025) | 4.99% | up to 60 months |
| 2022 and Newer | 5.25% | up to 36 months |
| 2022 and Newer | 6.25% | up to 48 months |
| 2022 and Newer | 6.50% | up to 60 months |
| 2022 and Newer | 7.00% | up to 72 months |
Used Auto Loan Rates
Effective Date: May 2025
| Loan Type | APR* as low as | Term(Months) |
|---|---|---|
| 2021 - 2014 | 5.50% | up to 36 months |
| 2021 - 2014 | 6.25% | up to 48 months |
| 2021 - 2014 | 6.50% | up to 60 months |
| 2021 - 2014 | 7.00% | up to 72 months |
Classic, Historic Loan Rates (26 Years and Older)
Effective Date: May 2025
| APR* as low as | Term(Months) |
|---|---|
| 7.50% | up to 36 months |
| 8.50% | up to 48 months |
| 9.50% | up to 60 months |
Recreational Loan Rates (RV’s Boats, Motorcycles, Water Sports, ATV’s)
Effective Date: May 2025
| APR* as low as | Term(Months) |
|---|---|
| 7.25% | up to 48 months |
| 8.25% | up to 60 months |
| 9.00% | up to 72 months |
Personal Loans
Personal Loans
Effective Date: May 2025
| Loan Type | Up to 36 Months | 37 - 60 Months | 61 - 72 Months |
|---|---|---|---|
| Unsecured/Signature | 9.99% | 10.25% | 11.25% |
| 10.25% | 11.00% | 11.50% | |
| 12.75% | 14.25% | 15.00% | |
| 16.00% | 16.25% | 16.75% | |
| 17.00% | 17.25% | 17.50% |
Revolving Line of Credit
Effective Date: May 2025
| APR* as low as |
|---|
| 15% |
| Payments on the line of credit will not begin until an advance is made. |
VISA
Effective Date: May 2025
| Card Type | Grace Period | APR* |
|---|---|---|
| VISA Platinum | 25 Days | 8.90% |
| VISA Classic | 25 Days | 13.92% |
Fast Cash Loan (Loan Origination Fee $30)
Effective Date: May 2025
| Terms |
|---|
| 12 months |
| 18 months |
| Only one Fast Cash Loan can be open at a time. Other rules and restrictions apply. For the most up-to-date information, please contact Southeast Michigan State Employees Federal Credit Union. |
Credit Growth Loan
| Type |
|---|
| The Credit Growth Loan is intended to assist members in establishing, or improving their credit. Learn More |
Saving Rates
Share Accounts
Effective Date: May 2025
| Account | APY** | Balance Requirements |
|---|---|---|
| Share Draft (Checking) | 0.05% | $500.00 - $999.99 |
| Monthly Low Balance Fee*** | 0.15% | $1,000.00 + |
| Regular Share (Savings) | 0.05% | $100.00 - $499.99 |
| 0.15% | $500.00 + | |
| Kids Club Shares: Up to age 18. No quarterly low balance fee. | ||
| Kids Club Share (Ages 0 - 17) | 0.05% | $100.00 - $499.99 |
| 0.15% | $500.00 + | |
| Christmas / Vacation Club | 0.05% | $100.00 - $499.99 |
| 0.15% | $500.00 + | |
| Traditional IRA Share | 0.50% | $100.00 + |
| Super Saver | 0.25% | $500.00 - $4,999.99 |
| 0.50% | $5,000.00 - $19,999.99 | |
| 0.75% | $20,000.00 - $49,999.99 | |
| 1.01% | $50,000 + | |
Certificates
Effective Date: May 2025
| Term | Rate | APY** | Balance Requirements |
|---|---|---|---|
| 6 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
| 6 Month Jumbo | 3.00% | 3.03% | Opened with $50,000.00 + |
| 12 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
| 12 Month Jumbo | 3.00% | 3.03% | Opened with $50,000.00 + |
| 24 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
| 36 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
| 36 Month Jumbo | 3.00% | 3.03% | Opened with $50,000 + |
| 48 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
| 60 Month | 2.75% | 2.77% | Opened with $500.00 - $49,999.99 |
IRA Certificates
Effective Date: May 2025
| Term | Rate | APY** | Balance Requirements |
|---|---|---|---|
| 12 Month | 2.75% | 2.77% | $500.00 Minimum Balance |
| 36 Month | 2.75% | 2.77% | $500.00 Minimum Balance |
| 48 Month | 2.75% | 2.77% | $500.00 Minimum Balance |
| 60 Month | 2.75% | 2.77% | $500.00 Minimum Balance |
Kids Club Rates
Effective Date: May 2025
| Name | Rate | APY* | Balance Requirements | Term(Months) |
|---|---|---|---|---|
| Kids Club Certificates | 0.20% | 0.20% | $100 Minimum | 12 |
| 0.35% | 0.35% | 36 | ||
| 0.60% | 0.60% | 60 | ||
| 0.60% | 0.60% | 84 | ||
| Rates on maturing certificates only. No new Kid's Club certificates available. | ||||
To learn more about any of our deposit or loan products or their rates, stop by to speak to a Member Representative or email us or call us at 248-557-2266.
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