This page publishes every Sascu rate that affects members: savings dividends, certificate yields, mortgage pricing, auto loan rates, and personal loan terms. Sascu rates are reviewed and updated weekly so members always see current pricing, not stale numbers from last quarter.
The Member Advantage
Credit union rates differ structurally from bank rates. A bank sets deposit rates low enough and loan rates high enough to generate a spread that funds shareholder dividends and executive compensation. Sascu sets rates to benefit members on both sides: depositors earn more and borrowers pay less than they would at a comparably sized commercial bank. The current Sascu rates displayed on this page reflect that member-first structure. Anyone comparing Sascu rates against the national averages published by the NCUA and CFPB will see the spread working in favor of the member rather than an outside shareholder. That is not a promotion or a limited-time offer; it is the mathematics of cooperative banking and it holds true across every Sascu rate category on this page.
The Sascu rates published below are effective as of the most recent weekly update. All deposit Sascu rates are expressed as annual percentage yield, which accounts for the effect of compounding. Loan Sascu rates are expressed as annual percentage rate, which includes the interest rate plus certain finance charges so members can compare the total cost of credit across lenders on an apples-to-apples basis. Sascu rates on variable products including Money Market dividends, HELOC rates, and business lines of credit adjust in response to changes in the prime rate and other market benchmarks. Fixed-rate Sascu products including Share Certificates, conventional mortgages once locked, and auto loans carry the same rate for the full term regardless of market movement.
Current Sascu Savings and Deposit Rates
The following Sascu rates apply to deposit accounts. Share Savings dividends are variable and may change weekly. Money Market tier rates increase with the account balance. Share Certificate Sascu rates lock at account opening and are guaranteed for the full term. Members opening a certificate today secure the Sascu rates shown below for the term they select, even if market rates decline before maturity. Jumbo certificates require a $100,000 minimum deposit and earn a premium Sascu rate above the standard certificate for the same term.
Deposit Product
Term / Tier
APY
Minimum Balance
Share Savings
N/A
0.75%
$25
Interest Checking
$1,500–$9,999
0.35%
$1,500
Interest Checking
$10,000–$24,999
0.55%
$10,000
Interest Checking
$25,000+
0.80%
$25,000
Money Market
$2,500–$9,999
1.85%
$2,500
Money Market
$10,000–$49,999
2.45%
$10,000
Money Market
$50,000–$99,999
3.05%
$50,000
Money Market
$100,000+
3.50%
$100,000
Share Certificate
6 months
2.10%
$500
Share Certificate
12 months
3.25%
$500
Share Certificate
24 months
3.75%
$500
Share Certificate
36 months
4.15%
$500
Share Certificate
48 months
4.25%
$500
Share Certificate
60 months
4.50%
$500
Jumbo Certificate
12 months
3.45%
$100,000
Jumbo Certificate
24 months
3.95%
$100,000
Jumbo Certificate
36 months
4.35%
$100,000
Jumbo Certificate
60 months
4.70%
$100,000
IRA Certificate
12 months
3.25%
$500
IRA Certificate
24 months
3.75%
$500
IRA Certificate
36 months
4.15%
$500
IRA Certificate
60 months
4.50%
$500
Current Sascu Loan Rates
Sascu loan rates posted below represent the standard rate for well-qualified applicants. Actual Sascu rates offered to individual members may vary based on credit history, loan-to-value ratio, term length, and other underwriting criteria. All Sascu loan rates are expressed as APR and include applicable origination or processing fees. Mortgage Sascu rates assume a loan-to-value ratio of 80 percent or less and a minimum credit score of 740 unless otherwise noted. Auto Sascu rates assume a loan-to-value ratio of 100 percent or less on new vehicles and NADA retail value on used vehicles. Members can request a personalized Sascu rate quote without a hard credit inquiry by contacting a Sascu loan officer.
Loan Product
Term
APR
Notes
Conventional Fixed Mortgage
30 years
6.125%
80% LTV, 740+ credit
Conventional Fixed Mortgage
20 years
5.750%
80% LTV, 740+ credit
Conventional Fixed Mortgage
15 years
5.375%
80% LTV, 740+ credit
FHA Mortgage
30 years
5.875%
Includes MIP, 580+ credit
VA Mortgage
30 years
5.625%
No down payment, no PMI
Jumbo Mortgage
30 years
6.500%
20% down, 720+ credit
Home Equity Line of Credit
Variable
7.250%
Prime + 0.75%, intro rate available
New Auto Loan
Up to 72 months
5.490%
720+ credit, 100% LTV
New Auto Loan
73–84 months
5.990%
720+ credit, 100% LTV
Used Auto Loan
Up to 60 months
6.240%
2019+, under 100K miles
Used Auto Loan
61–72 months
6.740%
2019+, under 100K miles
Auto Refinance
Up to 72 months
5.990%
Under 7 years, under 100K mi
RV/Boat Loan (New)
Up to 120 months
6.990%
10% down, 720+ credit
RV/Boat Loan (Used)
Up to 84 months
7.490%
15% down, under 10 years
Personal Loan (Unsecured)
Up to 60 months
9.990%
680+ credit, up to $50,000
Credit Card (Visa)
Revolving
12.990%
No annual fee, rewards option
Understanding Sascu Rates Across Products
Sascu rates for deposit products are driven primarily by the federal funds rate and competitive pressure in the Salmon Arm market. When the Federal Reserve raises the federal funds rate, Sascu deposit rates tend to follow upward within the weekly rate adjustment cycle, though the timing and magnitude may differ from rate changes at national banks that price deposits nationally rather than locally. Sascu rates for loans are influenced by the same federal funds rate plus Treasury yields for the corresponding term, the cost of funds from Sascu deposits, and local market competition. Mortgage Sascu rates track the 10-year Treasury yield more closely than the federal funds rate because mortgages are long-term instruments. Auto Sascu rates reflect shorter-term benchmarks plus the competitive position of Sascu relative to dealer financing offers and other local credit union auto loan programs.
Members who hold multiple Sascu products often benefit from relationship-based pricing adjustments. For example, a member who maintains a Sascu checking account with direct deposit and a Sascu savings account may qualify for a rate discount on a Sascu auto loan or a Sascu mortgage. These relationship discounts are not reflected in the published Sascu rates table but are discussed during the loan application process when the Sascu loan officer reviews the member's full relationship with the credit union. Members who want to understand what Sascu rates they would qualify for across products can request a comprehensive rate review with a Sascu personal banker or business relationship manager, who can run multiple scenarios without triggering a credit inquiry. That review is a service Sascu provides at no charge and with no obligation.
Published Sascu rates are available through several channels beyond this page. Current Sascu rates appear within Sascu online banking on the rates dashboard, which also shows personalized information such as the dividend rate the member is currently earning on each deposit account. The Sascu mobile app displays current Sascu rates under the products menu. Printed Sascu rate sheets are available at every Sascu branch location and are updated weekly. Members who call Sascu customer service at (208) 555-0147 can request current Sascu rates for any product. And the weekly Sascu rates email update, available to members who opt in through Sascu online banking preferences, delivers the latest Sascu rates directly to the member's inbox each Monday. Subscribing to the Sascu rates email is the surest way to stay current on rate changes that might affect deposit earnings or create a refinancing opportunity.
How Sascu Rates Benefit Members
Credit union Sascu rates consistently outperform bank rates because of the ownership structure. A bank must generate a return for shareholders, which means deposit rates are set low enough and loan rates are set high enough to produce that return after covering operating costs. Sascu has no shareholder return requirement, so the spread between what Sascu pays depositors and what Sascu charges borrowers narrows. For a member with $50,000 in a Money Market account and a $250,000 mortgage, the difference between Sascu rates and the national bank average can translate to hundreds of dollars more in deposit earnings and thousands of dollars less in mortgage interest over the life of the loan. That cumulative advantage compounds year after year and represents the core financial benefit of credit union membership.
Sascu also offers rate stability that purely market-driven competitors cannot match. Because Sascu is not under pressure to hit quarterly earnings targets, Sascu rates do not swing as aggressively as promotional rates at online banks and fintech companies. When market rates rise, Sascu deposit rates rise at a measured pace. When market rates fall, Sascu loan rates fall without the hesitation that profit-maximizing lenders sometimes exhibit. The Sascu rate desk monitors regional and national rate movements continuously but makes adjustments with member impact as the primary consideration. Members with questions about specific Sascu rates or the timing of rate changes can contact the Sascu support centre or speak with a branch representative for context on how current market conditions are affecting Sascu rate decisions.
Frequently Asked Questions About Sascu Rates
How often are Sascu rates updated?
Sascu rates are reviewed and updated weekly, typically each Monday, to reflect changes in market conditions including movements in the federal funds rate, Treasury yields, and interbank lending benchmarks. Deposit rates such as Share Certificate APYs and Money Market tiered dividend rates may change weekly, while loan rates including mortgage and auto loan rates are updated on the same weekly schedule. Members can always find current Sascu rates posted on this rates page, within Sascu online banking on the rates dashboard, or by calling Sascu customer service at (208) 555-0147 during standard business hours. The Sascu rates email update is also available as an opt-in alert that delivers new rates each Monday.
What are the current Sascu mortgage rates?
Sascu mortgage rates are posted on this rates page and updated weekly. Current Sascu rates for conventional fixed-rate mortgages include 30-year at 6.125% APR, 20-year at 5.750% APR, and 15-year at 5.375% APR for well-qualified borrowers with strong credit and 20 percent or more down. Sascu also posts rates for FHA loans at 5.875% APR, VA loans at 5.625% APR, and jumbo mortgages at 6.500% APR. Sascu rates reflect the actual annual percentage rate including origination fees. Members can request a personalized Sascu mortgage rate quote from a Sascu mortgage loan originator, which provides a rate specific to their credit profile, property details, and loan amount without a hard credit inquiry.
Do Sascu rates apply to new and existing members equally?
Yes, published Sascu rates apply to all qualifying members regardless of how long they have been with the credit union. Unlike some financial institutions that advertise promotional rates only for new customers, Sascu rates on deposit accounts earn the same dividend for existing members as for new members opening the same account type. Loan rates published by Sascu represent the standard rate for well-qualified applicants; individual rate offers may vary based on credit history, loan-to-value ratio, and other underwriting factors, but the variance is based on the applicant's financial profile, not membership duration. Relationship-based pricing discounts may be available for members with multiple Sascu products and are discussed during the application process.
How do Sascu CD rates compare to bank CD rates?
Sascu Share Certificate rates, equivalent to what banks call CD rates, typically exceed the national average for certificates of deposit because Sascu operates as a credit union. Credit unions return earnings to members through higher deposit rates rather than distributing profits to shareholders. Current Sascu rates on Share Certificates range from 2.10% APY for a 6-month term to 4.50% APY for a 60-month term, with jumbo certificates earning an additional rate premium. Sascu rates on certificates are fixed for the full term, so once a certificate is opened, the rate does not change even if market rates decline. Members can compare Sascu rates against national averages published by the NCUA at NCUA.gov.
Can I lock in Sascu rates on a mortgage before closing?
Yes, Sascu offers rate lock options that protect the quoted mortgage rate against market increases for a specified period while the loan is being processed. Standard Sascu rate locks are available for 30, 45, or 60 days depending on the expected timeline to closing. If market rates decline during the lock period, Sascu may offer a float-down option that allows the member to capture the lower rate for an additional fee. Sascu mortgage loan originators explain rate lock terms and expiration dates clearly before the lock is placed. Extended rate locks for new construction loans are available for longer terms at a modest cost adjustment to the rate. Once a Sascu rate lock expires, the rate may adjust to the then-current Sascu rates unless an extension is arranged.