Low Loan Rates, Lower Fees and High Dividends – All to Enable Your Dreams
High loan rates and fees shouldn’t stand between you and your dreams. At PrimeWay, our members enjoy affordable loan rates and higher dividends every day.
- Savings
- Checking
- Certificates & IRAs
- Home Loans
- Vehicle Loans
- Personal Loans
- Fees
- Primary Savings
- Freedom Fighters Savings
- Student Savings
- Holiday Savings
- Money Market
- Non-Interest Savings
Account Type
Primary Savings
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| $100 and over | 0.01% | 0.01% | $5.00 | $100.00 | $5.00 | Monthly | Monthly |
Account Type
Freedom Fighters Savings
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| $100 and over | 0.01% | 0.01% | $5.00 | $100.00 | $5.00 | Monthly | Monthly |
Account Type
Student Savings
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| $100 and over | 0.01% | 0.01% | $5.00 | $100.00 | $5.00 | Monthly | Monthly |
Account Type
Holiday Savings
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| $100 and over | 0.01% | 0.01% | $5.00 | $100.00 | $5.00 | Monthly | Monthly |
Account Type
Money Market
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| $2,500 to $24,999.99 | 0.05% | 0.05% | $2,500.00 | $2,500.00 | $2,500.00 | Monthly | Monthly |
| $25,000 to $74,999.99 | 0.10% | 0.10% | $2,500.00 | $2,500.00 | $2,500.00 | Monthly | Monthly |
| $75,000+ | 0.13% | 0.13% | $2,500.00 | $2,500.00 | $2,500.00 | Monthly | Monthly |
Account Type
Non-Interest Savings
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| N/A | 0.00% | 0.00% | $5.00 | None | N/A | N/A | N/A |
- Premier Checking
- Elite Checking
- eChecking
- Student Checking
Account Type
Premier Checking
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| N/A | 0.01% | 0.01% | $25.00 | None | $1,000.00 | Monthly | Monthly |
Account Type
Elite Checking
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| N/A | 0.01% | 0.01% | N/A | None | N/A | Monthly | Monthly |
Account Type
eChecking
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| N/A | 0.00% | 0.00% | $25.00 | N/A | N/A | N/A | N/A |
Account Type
Student Checking
| Balances | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Balance | Minimum Balance to Earn APY | Minimum Balance to Avoid Service Fee | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|---|---|
| N/A | 0.00% | 0.00% | $25.00 | N/A | N/A | N/A | N/A |
- Certificate of Deposit
- IRA Certificate of Deposit
- IRA Savings
- Promotional Business Certificate of Deposit
- Promotional Certificate of Deposit
Account Type
Certificate of Deposit
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Deposit | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|
| Special Member Rate | Call | Call | Call | Monthly | Monthly |
| 6 Months | 0.10% | 0.10% | $1,000.00 | Monthly | Monthly |
| 6 Months (Jumbo) | 0.15% | 0.15% | $250,000.00 | Monthly | Monthly |
| 12 Months | 0.15% | 0.15% | $1,000.00 | Monthly | Monthly |
| 12 Months (Jumbo) | 0.20% | 0.20% | $250,000.00 | Monthly | Monthly |
| 18 Months | 0.20% | 0.20% | $1,000.00 | Monthly | Monthly |
| 18 Months (Jumbo) | 0.25% | 0.25% | $250,000.00 | Monthly | Monthly |
| 24 Months | 0.20% | 0.20% | $1,000.00 | Monthly | Monthly |
| 24 Months (Jumbo) | 0.25% | 0.25% | $250,000.00 | Monthly | Monthly |
| 36 Months | 0.30% | 0.30% | $1,000.00 | Monthly | Monthly |
| 36 Months (Jumbo) | 0.35% | 0.35% | $250,000.00 | Monthly | Monthly |
| 48 Months | 0.50% | 0.50% | $1,000.00 | Monthly | Monthly |
| 48 Months (Jumbo) | 0.55% | 0.55% | $250,000.00 | Monthly | Monthly |
| 60 Months | 0.55% | 0.55% | $1,000.00 | Monthly | Monthly |
| 60 Months (Jumbo) | 0.60% | 0.60% | $250,000.00 | Monthly | Monthly |
| 12 Months Youth Club Certificate | 0.15% | 0.15% | $250.00 | Monthly | Monthly |
| 12 Months Wealth Builder Certificate | 0.15% | 0.15% | $500.00 | Monthly | Monthly |
Account Type
IRA Certificate of Deposit
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Deposit | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|
| 6 Months | 0.10% | 0.10% | $1,000.00 | Monthly | Monthly |
| 6 Months (Jumbo) | 0.15% | 0.15% | $250,000.00 | Monthly | Monthly |
| 12 Months | 0.15% | 0.15% | $1,000.00 | Monthly | Monthly |
| 12 Months (Jumbo) | 0.20% | 0.20% | $250,000.00 | Monthly | Monthly |
| 18 Months | 0.20% | 0.20% | $1,000.00 | Monthly | Monthly |
| 18 Months (Jumbo) | 0.25% | 0.25% | $250,000.00 | Monthly | Monthly |
| 24 Months | 0.20% | 0.20% | $1,000.00 | Monthly | Monthly |
| 24 Months (Jumbo) | 0.25% | 0.25% | $250,000.00 | Monthly | Monthly |
| 36 Months | 0.30% | 0.30% | $1,000.00 | Monthly | Monthly |
| 36 Months (Jumbo) | 0.35% | 0.35% | $250,000.00 | Monthly | Monthly |
| 48 Months | 0.50% | 0.50% | $1,000.00 | Monthly | Monthly |
| 48 Months (Jumbo) | 0.55% | 0.55% | $250,000.00 | Monthly | Monthly |
| 60 Months | 0.55% | 0.55% | $1,000.00 | Monthly | Monthly |
| 60 Months (Jumbo) | 0.60% | 0.60% | $250,000.00 | Monthly | Monthly |
Account Type
IRA Savings
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Deposit | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|
| 0.01% | 0.01% | $5.00 | Monthly | Monthly |
Account Type
Promotional Business Certificate of Deposit
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Deposit | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|
| 6 Months | 0.99% | 1.00% | $1,000.00 | Monthly | Monthly |
| 6 Months | 1.48% | 1.50% | $50,000.00 | Monthly | Monthly |
Account Type
Promotional Certificate of Deposit
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Opening Deposit | Dividends Compounded and Credited | Dividend Period |
|---|---|---|---|---|---|
| 17 Months | 0.89% | 0.90% | $1,000.00 | Monthly | Monthly |
| 17 Months | 0.99% | 1.00% | $100,000.00 | Monthly | Monthly |
| 17 Months | 1.09% | 1.10% | $250,000.00 | Monthly | Monthly |
| 27 Months | 1.24% | 1.25% | $1,000.00 | Monthly | Monthly |
| 27 Months | 1.34% | 1.35% | $100,000.00 | Monthly | Monthly |
| 27 Months | 1.44% | 1.45% | $250,000.00 | Monthly | Monthly |
| 50 Months | 1.78% | 1.80% | $1,000.00 | Monthly | Monthly |
| 50 Months | 1.88% | 1.90% | $100,000.00 | Monthly | Monthly |
| 50 Months | 1.98% | 2.00% | $250,000.00 | Monthly | Monthly |
- Fixed Rate Home Equity Loan - 1st Lien
- Fixed Rate Home Equity Loan - 2nd Lien
- Home Equity Line of Credit (HELOC) - 1st Lien
- Home Improvement Loans - 2nd Lien
Loan Type
Fixed Rate Home Equity Loan - 1st Lien
| Term | Annual Percentage Rate (APR) |
|---|---|
| Up to 120 Months | as low as 5.75% |
| Up to 180 Months | as low as 5.75% |
| Up to 240 Months | as low as 5.99%
|
| Up to 360 Months | as low as 5.99% |
Loan Type
Fixed Rate Home Equity Loan - 2nd Lien
| Term | Annual Percentage Rate (APR) |
|---|---|
| Up to 120 Months | as low as 6.20% |
| Up to 180 Months | as low as 6.35% |
| Up to 240 Months | as low as 6.50% |
| Up to 360 Months | as low as 6.75% |
Loan Type
Home Equity Line of Credit (HELOC) - 1st Lien
| Term | Annual Percentage Rate (APR) |
|---|---|
| 240 Months: -60 Month Draw Period -180 Month Repayment Period |
3.25% Introductory Rate for first 6 months. After the Introductory Period, the rate is variable - as low as Prime +0.50% - with a floor rate of 4.00% [6] |
Loan Type
Home Improvement Loans - 2nd Lien
| Term | Annual Percentage Rate (APR) |
|---|---|
| Up to 60 Months | as low as 6.89% |
| Up to 120 Months | as low as 7.16% |
| Up to 240 Months | as low as 7.58% |
- Auto Loans (New & Used)
- Boat and Personal Watercraft
- Motorcycle Loans
- Recreational Vehicle Loans
Loan Type
Auto Loans (New & Used)
Model Years: 2016-2022
| Term | Annual Percentage Rate (APR) | Term Model Years | Loan Amount |
|---|---|---|---|
| Up to 36 Months | as low as 4.50% | 2016-2022 | - |
| Up to 48 Months | as low as 4.50% | 2017-2022 | - |
| Up to 60 Months | as low as 4.50% | 2018-2022 | Minimum $10,000 |
| Up to 72 Months | as low as 4.50% | 2019-2022 | Minimum $15,000 |
| Up to 84 Months | as low as 4.99% | 2021-2022 | Minimum $35,000 |
Loan Type
Boat and Personal Watercraft
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 36 Months | as low as 5.00% | - |
| Up to 60 Months | as low as 5.00% | Minimum $10,000 |
| Up to 84 Months | as low as 5.30% | Minimum $15,000 |
| Up to 120 Months | as low as 5.45% | Minimum $25,000 |
| Up to 144 Months | as low as 5.60% | Minimum $50,000 |
Loan Type
Motorcycle Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 36 Months | as low as 5.00% | - |
| Up to 60 Months | as low as 5.15% | Minimum $10,000 |
| Up to 72 Months | as low as 5.30% | Minimum $15,000 |
Loan Type
Recreational Vehicle Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 36 Months | as low as 5.00% | - |
| Up to 60 Months | as low as 5.00% | Minimum $10,000 |
| Up to 84 Months | as low as 5.30% | Minimum $15,000 |
| Up to 120 Months | as low as 5.45% | Minimum $25,000 |
| Up to 144 Months | as low as 5.60% | Minimum $50,000 |
- CD Secured Loan
- Debt Consolidation Loans
- Personal Loans
- Savings Secured Loan
Loan Type
CD Secured Loan
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| - | 3.00% + Current CD Rate [8] | $500 to $10,000 |
Loan Type
Debt Consolidation Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 60 Months | as low as 7.74% [9] | Up to $50,000 |
Loan Type
Personal Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 72 Months | as low as 8.54% | Minimum $15,000 for 72 Months |
Loan Type
Savings Secured Loan
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| - | 3.00% + Current Share Rate [8] | $500 to $10,000 |
- Business Account Fees
- Electronic Service Fees
- Other Service Fees
- Par Value
- Safe Deposit Box Fees
- Savings and Checking Accounts Fees
- Wire Transfers, Negotiable Items, and Payment Services
Fee Type
Business Account Fees
| Fee Description | Fee Amount |
|---|---|
| Business Analysis Account Fee | $20.00/month |
| Business Analysis Checking - Debits | $0.18/debit transaction |
| Business Analysis Checking - Credits | $0.75/credit transaction |
| Returned Item Fee | $32.00/item |
| NSF Fee | $32.00/item |
| Occasional Overdraft Privilege Service (OOPS) Fee | $32.00/item |
| Stop Payment Fee | $32.00/item |
| Domestic Wire Transfer Fee (Outgoing) | $22.00/wire |
| Foreign Wire Transfer Fee (Outgoing) | $40.00/wire |
| Incoming Wire Transfer Fee | $10.00/wire |
| Charge-Back Fee | $20.00/item |
| Western Union Transfer Fee | $20.00/transfer |
| Monthly Merchant Capture Fee | $35.00/month |
| Coin & Change Order Fee | The greater of $5.00 or 3% |
| Account Research Fee | $30.00/hour ($15.00 minimum charge) |
| Cashier's Check | $10.00/check |
| NSF Letter Mailed | $20.00 per occurrence after o/d for at least 10 days |
| Paper Statement Fee | $10.00/month |
| Same Day ACH Origination | $15 per transaction |
| Standard ACH Origination | $0 |
Fee Type
Electronic Service Fees
| Fee Description | Fee Amount |
|---|---|
| Debit Card Replacement Fee | $6.00 per card |
| Rush Card Fee | $30.00 per order |
| Research on Pending Debit Card or ACH Transaction | $5.00 per transaction |
| Charge-Back Fee | $15.00 per item |
| Copy of Sales Receipt | $13.00 per transaction |
| Out-of-Network ATM Services | $3.00 per transaction |
| Non-Member ATM Services on PrimeWay ATMs | $3.50 per transaction |
| MasterCard Gift Cards | $3.50 per card |
| Phone & Online Payment Processing Fee | $10.00 per transaction |
| Check-By-Phone Fee | $10.00 per transaction |
Fee Type
Other Service Fees
| Fee Description | Fee Amount |
|---|---|
| Returned Deposit Item Fee | $30.00 per item returned |
| Returned Loan Payment Fee | $30.00 per item returned |
| Printed Statement Mailing Fee | $3.00 per month |
| Return Mail/Bad Address Fee | $3.00 per month |
| Account Research/Reconciliation/Archive Fee | $30.00 per hour ($15.00 minimum charge) |
| Statement Copy Fee | $5.00 per page |
| Inactive Account Fee | $10.00 per month after 9 months of inactivity |
| Verification of Deposit Requests | $5.00 per request |
| Cross-Account Telephone Transfers | $2.00 per transfer |
| Excessive Loan Denial Fee | $20.00 charged on the 3rd denial in a 12 month period |
| Loan Skip-a-Pay Extensions | $25.00 per completed extension |
| Lost Title Replacement Fee | $12.00 per title |
| Expedited Lost Title Replacement Fee | $20.00 per title |
| Legal Process Fee | $100.00 per legal order for freeze, attachment, garnishment, or levy |
| Teller Check Fee | $2.00 per check |
Fee Type
Safe Deposit Box Fees
| Fee Description | Fee Amount |
|---|---|
| 3 x 5 | $25.00 per year |
| 3 x 10 | $35.00 per year |
| 5 x 10 | $65.00 per year |
| 10 x 10 | $110.00 per year |
| 2 x 5 | $25.00 per year |
| 5 x 5 | $35.00 per year |
| 2 x 10 | $30.00 per year |
| 6 x 10 | $50.00 per year |
| 9 x 10 | $70.00 per year |
| Box Drilling | Third-party service provider fees apply, minimum $100.00 per box |
| Lost Key Fee | $25.00 per key |
| Key Deposit (refundable, if both keys are returned when box is surrendered) | $25.00 per box |
Fee Type
Savings and Checking Accounts Fees
| Fee Description | Fee Amount |
|---|---|
| Premier Checking Service Fee | $6.00 per month, if minimum daily balance is not met |
| Overdraft Transfer (from savings or line of credit loan) | No charge |
| NSF Fee | $15.00 per item returned unpaid |
| Occasional Overdraft Privilege Service (OOPS) Fee | $30.00 per item paid |
| Stop Payment Fee | $30.00 per request |
| Negative Account Letter Mailed | $10.00 per occurrence after the account has been overdrawn for at least 10 days |
| Cleared Check Inquiry/Copy Fee | $5.00 per item |
| Check Printing | Varies by style |
| Holiday Account Early Withdrawal Fee | $5.00 per withdrawal |
| Money Market Excess Withdrawal Fee | $10.00 per withdrawal after 6 withdrawals per month |
| IRA Plan Early Termination Fee | $10.00 if IRA Plan is closed before the owner reaches age 70.5 |
| Items Sent for Domestic or International Collection | $20.00 per item |
| Temporary Check Fee | $5 per sheet |
Fee Type
Wire Transfers, Negotiable Items, and Payment Services
| Fee Description | Fee Amount |
|---|---|
| Outgoing Domestic Wire Transfer Fee | $22.00 per transfer |
| Outgoing International Wire Transfer Fee | $61.00 per transfer |
| Undetermined International Account Fee | $20.00 per correspondent transfer |
| Incoming Wire Transfer Fee | $10.00 per transaction |
| Same Day ACH Origination | $15.00 per transaction |
| Online Funds Transfer: Next Business Day | $10.00 per transfer |
| Western Union Transfer Fee | $20.00 per transfer |
| Cashier's Check Fee | $4.00 per check |
| Money Orders | $2.00 per money order |
| Corporate Check Mail Processing Fee | $2.00 per check |
| Members Check Cashing | 1% of the total amount of the check(s) presented with a $5.00 minimum, unless the aggregate balance in all accounts is $2,500 or more, or the member has a checking account, or the member has any active loan product |
| Non-Member On-Us Check Cashing | 1% of the total amount of the check(s) presented with a $5.00 minimum |
| Shared Branch Transactions | $5.00 per transaction |
Open An Account Online
After you confirm eligibility, you can open an account online with just a few clicks. All you need is a government-issued ID and your Social Security Number.
Call Us
Prefer to sign up over the phone? You can call us at (713) 799-6200. Have your government-issued ID and Social Security Number ready.
Visit a Retail Center
Stop by any one of our eight retail centers. Just bring your government-issued ID and Social Security Number.
Rates and fees are subject to change at any time.
[6] You may request a rate lock one time, which sets a fixed interest rate on your selected balance for a set repayment term. The lock rate is the currently available variable rate plus 0.500%, currently as low as 4.000%.
[8] For current Share and CD/Share Certificate rates please see Deposit Rates.
[9] Rate increases by .25% if auto draft is not set up.