92 Dix Avenue
Glens Falls, New York 12801
Phone: 518.793.9502
Fax: 518.793.7961

Mortgage and Home Equity Loans

Home Equity Fixed (80 % of equity, $20,000 - $100,000 or less, 5-10 year term)  
Rate Points APR*
4.99 0 4.99

 

 

 

Home Equity Fixed (80 % of equity, $100,001 - $200,000, 20 year term)  
Rate Points APR*
5.99 0 5.99

 

 

 

Home Equity
Line of Credit
Variable (80% equity, $10,000 to 50,000, 180 month term)  
Rate Points APR*
2.74 0 2.74

 

 

 

Home Equity
Line of Credit
Variable (80% equity, $50,001 to $100,000, 240 month term)  
Rate Points APR*
2.74 0 2.74

*APR = Annual Percentage Rate

Home Equity Loan Notes

  • Effective April 1, 2017
  • Using the rate of 4.75% your calculated payment on $20,000 for 5 years is $18.76 per $1,000 financed.
  • Using the rate of 4.75% your calculated payment on $100,000 for 10 years is $10.48 per $1,000 financed.
  • Using the rate of 5.75% your calculated payment on $200,001 for 20 years is $7.02 per $1,000 financed.
  • Credit restrictions apply.
  • All Rates are subject to change without advance notice.
  • The closing costs for the loan will be New York State Mortgage Tax. New York State Mortgage Tax varies slightly by county and is equal to 3/4% to 1% of the financed amount.
  • Cooper's Cave FCU will pay all other closing costs and requires the loan to be in repayment status for 60 months. If the loan is paid off prior to 60 months all closing costs incurred will be added to the balance of the loan.
  • Cooper's Cave Federal Credit Union is not responsible or liable for typographical errors regarding posted rates.
  • Contact your tax advisor for tax deduction purposes.

Home Equity Variable-Rate Line of Credit Loan Notes

  • Quoted rate is valid for the first six months of the loan. The rate will be adjusted to the regular published rate of 4.24% for the next year. The rate will be adjusted to the prime rate as published in the Wall Street Journal, 30 days prior to the annual interest rate adjustment.
  • The rate adjustment is based on the Prime Rate as published in the Wall Street Journal with a margin of 1.00%. The rate cannot increase or decrease more that 2.0 percentage points in any one year period. The rate cannot fall below the regular published rate and not exceed 12.00%.
  • The closing costs for the loan will be New York State Mortgage Tax. New York State Mortgage Tax varies slightly by county and is equal to 3/4% to 1.0% of the financed amount.
  • Cooper's Cave FCU will pay all other closing costs and requires the loan to be in repayment status for 60 months. If the loan is paid off prior to 60 months all closing costs incurred willbe added to the balance of the loan.
  • There is a 7 year draw period on Line of Credit.
  • Credit Restrictions apply
  • All rates are subject to change without advance notice.
  • Cooper's Cave Federal Credit Union is not responsible for typographical errors regarding posting rates.
  • Contact your tax adviser for tax deduction purposes.

Our Supervisory Committee

For questions or comments, contact us at:

Cooper’s Cave Federal Credit Union
Supervisory Committee
PO Box 462
Glens Falls, NY 12801

Please do not enclose money or withdrawal requests.

Contact by Email

E-mail should be used for general information only. Please do not include any confidential information including account numbers or social security numbers.

Recent Fraud Alerts

  • A Letter from Home Depot

    A Letter from Home Depot

    9/23/2014 - As you may have heard, on September 8, 2014, we confirmed that our payment data systems have been breached, which could potentially impact customers using payment cards at our U.S. and Canadian stores. On September 18, 2014, we confirmed that the malware used in the breach has been eliminated from our U.S. and Canadian stores and that we have completed a major payment security project that provides enhanced encryption of payment data at point of sale throughout our U.S. stores, offering significant new protection for customers.

    Read more

  • Home Depot has experienced unauthorized access

    Home Depot has experienced unauthorized access

    09/10/14 - Cooper’s Cave FCU has received information that Home Depot has experienced unauthorized access to its systems resulting in the compromise of over 60 million credit and debit card information used at its “brick and mortar” stores from April 11 through September 7, 2014. There is no evidence that online purchases were affected by this data breach.

    Read more

  • Kmart Confirms Malware Based Data Breach

    Kmart Confirms Malware Based Data Breach

    10/21/14 - Kmart has confirmed that it’s point of sale registers were compromised by malicious software (malware) between September 3rd and October 8, 2014. The retailer says that purchases made at Kmart.com were not affected by this breach.

    Read more

  • Risk Alert - Automated Phone Call Scam Resurfaces

    Risk Alert - Automated Phone Call Scam Resurfaces

    A credit union recently reported receiving hundreds of calls from members and nonmembers saying they received a phone call (automated calls) on their landline or cell phone with an automated message indicating their account

    Read more

  • SCAM ALERT: Calls for card info not from NAFCU

    SCAM ALERT: Calls for card info not from NAFCU

    May 29, 2012 – NAFCU has learned that someone claiming to be from the association is calling consumers, telling them their debit cards have been compromised and asking them to verify the correct information. Don't fall victim to this scam.

    Read more

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