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 |
| 18 Month Certificate – New Deposits [10] | 3.25% | 3.25% | $25,000.00 | Monthly | Monthly |
| 24 Month Certificate – New Deposits [10] | 3.75% | 3.75% | $25,000.00 | 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 6.50% |
| Up to 180 Months | as low as 6.50% |
| Up to 240 Months | as low as 6.74%
|
| Up to 360 Months | as low as 6.74% |
Loan Type
Fixed Rate Home Equity Loan - 2nd Lien
| Term | Annual Percentage Rate (APR) |
|---|---|
| Up to 120 Months | as low as 6.95% |
| Up to 180 Months | as low as 7.10% |
| Up to 240 Months | as low as 7.25% |
| Up to 360 Months | as low as 7.50% |
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 |
6.25% 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 5.25% | 2016-2022 | - |
| Up to 48 Months | as low as 5.25% | 2017-2022 | - |
| Up to 60 Months | as low as 5.25% | 2018-2022 | Minimum $10,000 |
| Up to 72 Months | as low as 5.25% | 2019-2022 | Minimum $15,000 |
| Up to 84 Months | as low as 5.74% | 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 5.60% | - |
| Up to 60 Months | as low as 5.75% | Minimum $10,000 |
| Up to 84 Months | as low as 6.05% | Minimum $15,000 |
| Up to 120 Months | as low as 6.20% | Minimum $25,000 |
| Up to 144 Months | as low as 6.35% | Minimum $50,000 |
Loan Type
Motorcycle Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 36 Months | as low as 5.75% | - |
| Up to 60 Months | as low as 5.90% | Minimum $10,000 |
| Up to 72 Months | as low as 6.05% | Minimum $15,000 |
Loan Type
Recreational Vehicle Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 36 Months | as low as 5.60% | - |
| Up to 60 Months | as low as 5.75% | Minimum $10,000 |
| Up to 84 Months | as low as 6.05% | Minimum $15,000 |
| Up to 120 Months | as low as 6.20% | Minimum $25,000 |
| Up to 144 Months | as low as 6.35% | 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 9.00% [9] | Up to $50,000 |
Loan Type
Personal Loans
| Term | Annual Percentage Rate (APR) | Loan Amount |
|---|---|---|
| Up to 72 Months | as low as 9.00% | 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.
[10] New deposits are defined by new deposits of less than $25,000 and does not include current deposit balances. When the minimum new deposit threshold is met, all dollars in the new certificate of deposit qualify for the new rate for the selected certificate of deposit.