Refi nancing your mortgage may save you money on your monthly payment, if the current value of your home has increased. Visit AACreditUnion.org to fi nd out more about:
• Refinancing Options: Do you have a mortgage with another lender? Our refi nance programs may be a better fi t.
• Rate Modifications: If you currently have an American Airlines Credit Union Mortgage Loan, we may be able to change your interest rate or loan program for a low fee.
• Streamline Refinance: This option can lower overall monthly payments, but is reserved for member-owners who currently have their mortgage with American Airlines Credit Union.
HOME EQUITY LINE OF CREDIT
The equity in your home is a valuable resource, and we want to help you tap into it. Our Home Equity Lines of Credit can be used for many purposes, such as adding a room, buying a car or consolidating high-rate credit cards. You can even fi nance your children’s education.
Access your fi xed or variable rate line of credit when you want it. This convenient account provides the fl exibility to borrow the amount you need when you need it.* Visit AACreditUnion.org or call a Consumer Loan Specialist for specifi c terms and conditions.
We also offer HELOCs for non-owner occupied homes. Cash in on the equity in your investment, rental or second home with the help of this time- and moneysaving loan. With a fixed interest rate that may be lower than many unsecured types of credit, you can access the cash when you need it and cover expenses as they come up at irregular intervals.
* Only one Home Equity Line of Credit is allowed in the state of Texas per year. The minimum draw amount is $4,000.
For more information or to apply, visit us at HomeLoAAns.org. Or speak with a home loans representative at (800) 533-0035, Ext. 4201.
Business Services
We’ve got business solutions for your business needs
PRIMARY BUSINESS CHECKING ACCOUNTS
Take advantage of this unique account that offers no monthly service fee, requires a $25 minimum balance and pays dividends!
Features and Benefits
• $25 minimum balance
• No monthly service fee*
• Dividends paid on every account (APY is tiered based on an average daily balance.)**
BUSINESS SAVINGS (SHARE) ACCOUNTS
Take advantage of our convenient Share Accounts for competitive returns for your business’ short-term savings needs.
Features and Benefits
• $25 minimum to open, plus one-time $1 membership fee
• No monthly service fee
• Dividends paid on every account (APY is tiered based on average daily balance)**
• An overdraft protection source option
BUSINESS LOAN PRODUCTS †
With Business Services at American Airlines Federal Credit Union, you get more choices. Our loan products offer competitive rates and exclusive benefits for your business.
Features and Benefits
• Auto loans
• Business aircraft loans
• Business boat/vessel loans
• Equipment loans
• Investment property loans
• Commercial real estate loans
• Business line of credit loan
VISA® BUSINESS PLATINUM CREDIT CARD
Our low-rate rewards card enables business owners† to control their business expenses by allowing multiple cards under one account, ATM access around the world and the ability to earn Connection Points.
* Member-initiated fees may apply, refer to business fee schedule for details. ** APY is Annual Percentage Yield. Member must be in good standing for account to be eligible. Dividend period is calendar month. APY and dividend rates are subject to change monthly as determined by the American Airlines Credit Union Board of Directors. Dividends will be paid on the average daily balance to Business Checking and Share Accounts maintaining a minimum of $25.00 during the calendar month. Fees may reduce earnings on account. Ask the Credit Union for details.
† Small-business owners must have at least two years’ business history to be eligible for a business loan. Speak with a Business Service Representative for more details.
Visa is a registered trademark of Visa International Service Association.
† † Connection Points powered by CURewards®.
For more information about our Business Services accounts and loan products, visit us at AACreditUnion.org/banking/ business-services or speak with a Business Services Representative at (800) 533-0035, Ext. 4123.
Personal Loans*
LINE OF CREDIT
With many of the same functions as a credit card, a line of credit features a pre-approved, open-end revolving loan available with a variable interest rate.
Payment amounts are based on a fiveyear payoff and are calculated from the date of the last advance.
PERSONAL LOAN
This is a loan established for a predetermined period of time with specific loan payments. The rate is fixed for the term of the loan and maximum term is 72 months.**
SHARE-SECURED LOAN
Obtain a loan at an attractive rate using the funds in your Savings Account (excluding your IRA) as collateral.
SHARE CERTIFICATE LOAN
Use the money in your Share Certificate (excluding your IRA) as security. The
rate is fixed for the term of the loan. The maximum term cannot exceed the certificate’s maturity date.
*All loans subject to credit approval. **Example: 72 monthly payments of $18.53 per $1,000 borrowed.
CONSOLIDATION LOAN
This assists in consolidating external debts into one loan for a set term with specific loan payments.
STUDENT LENDING
Navigating the in-school and out-of-school lending journey can be confusing and costly. If you’re looking for private lending options, we may have just what you need.
• In-School Lending Option An Education Line of Credit helps you manage tuition, books, board — all the expenses of secondary or private school, college and trade school.
• Out-of-School Lending Option Refinance and Consolidation options help you combine your existing private and federal student loans after graduation into one manageable loan payment.
For more information, visit AACreditUnion.org/ student-lending.