Financial Tools with Educators in Mind
As an institution founded by and for educators, Apple FCU knows teachers. We understand the dedication it takes, and the demand placed on the educator community. That's why we offer unique accounts and benefits you simply can't get anywhere else.
All Educator Products Feature
No Annual Fee
Credit Card Rates Below 18.00% APR*
Online & Mobile Banking
No Prepayment Penalty Fees
*APR = Annual Percentage Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate. Credit Card rates apply to cash advances, balance transfers and outstanding balances on purchases.
Educator Line of Credit
Available to current or retired educators for classroom expenses, paying off debt or other unexpected expenses life brings.
- Borrow up to $5,000
- 0% APR for the first 12 months*
- Low monthly payments
- $500 guaranteed**
Introductory rate 0% for the first 12 months. Rates after the 12 month introductory period are based on an evaluation of applicant credit at the time the line of credit was opened. Rates range from 3.25% to 10.25%, not all applicants will qualify for the lowest rate. The rate will vary with the market based on the Prime Rate as published in the Wall Street Journal. We will use the most recent Index value as of the 1st day of the month preceding any APR Adjustment. The APR is subject to change on the first day of January, April, July and October. Maximum Rate 18.00%. To qualify for this product applicant must have or must set up direct deposit of at least $500 monthly, failure to set up direct deposit will result in a higher fixed rate of 15.99%.
*APR = Annual Percentage Rate as of 07/01/2023 only available for the first 12 months of promotional offer. Line of Credit rates adjust to a Prime Rate APR1 after the promotion period based on an evaluation of applicant credit; not all applicants will qualify for the lowest rate. A minimum monthly Direct Deposit of $500 must be in place or established within 60 days of the LOC open date to qualify for this promotional Line of Credit.
**Minimum loan is $500, and the maximum loan is $5,000 and is a revolving line of credit. Additionally, Apple offers a $500 Guaranteed Line of Credit provided that the eligible applicant meets our minimum score requirement of 580.
1APR = Annual Percentage Rate. Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of disbursement. Not all applicants will qualify for the lowest rate
Educator Visa Credit Card±
- Created exclusively for educators
- Credit Lines up to $35,000
- Low Introductory Rates2
- No Payments During Summer Months3
23.99% Introductory APR on purchases only for qualifying members, for a period of 12 months. After that, or if you do not qualify for the Introductory APR, your APR will be changed based on your creditworthiness. APR varies with the market based on the Prime Rate and is subject to change daily. To see the current available rates, please view the Educator Visa disclosure.
3Interest will continue to accrue.
±Educator Visa Eligibility: Applicants must be currently employed by an Apple Federal Credit Union Select Employee Group School System: Clarke County, Fairfax, Falls Church, Frederick County, Loudoun County, Manassas City, Manassas Park, Prince William and Stafford AND have a minimum $500 Direct Deposit.
Educator Mortgage Program
Designed for those who help the community most, we’re here to help you save. Whether you’re buying for the first time, refinancing or hoping to tap into your home’s equity, we have loan options for you.
- Low or no down payment (up to 100% Combined Loan-to-Value (CLTV))
- Rate can adjust once every 5 years
- Reduced Private Mortgage Insurance (PMI)
- No prepayment penalties
Earn a premium savings rate that's paid out in the summer months when you may not be in the classroom.
- Educator exclusive
- Create your own pay program for summer
1.00%View All Rates
Get Your Paycheck Up to 2 Days Early*
Sign up for Apple Direct Deposit with your school system, and you’ll have your funds up to 2 days** ahead of your official "payday" – no cost and no catch.
*The timing of early pay Direct Deposit varies based on the payment file submission from the payee. Apple FCU may make payroll and other electronic transfers available when the payment file is received, up to two (2) business days earlier than the scheduled payment date. Please note that funds are not available for you to spend until they are reflected in the AVAILABLE BALANCE. You should not rely on early pay Direct Deposit to satisfy the needs of scheduled bill or loan payments, or any other date-sensitive financial obligations. Apple FCU is not responsible for overdraft fees resulting from transactions that occur prior to funds posting.
Plan for Retirement
Apple's Financial Advisors through CFS* know the ins and outs of your school system's retirement plan. In fact, we specialize in Virginia Retirement Services and Social Security. Let Apple Financial Services, LLC help you with smart money strategies, no matter your experience level.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA / SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.