Calculations are projected based on actual figures from the combined total dollar amounts of member savings realized from loan rates; as well as any paid cash dividends, account credits and ATM refunds from the Kasasa® checking program over a period of 365 days. Data to be recalculated quarterly to reinforce mathematical accuracy.
1. Annualization formula for auto loan estimated savings is as follows:
Estimated Savings = the DIFFERENCE BETWEEN the accrued interest on an auto loan refinanced from another financial institution from the time of refinancing through 12/31/2017 AND the interest on the new Altier Credit Union auto loan for the same period.
2. Kasasa Checking program payments are derived as follows:
Actual cash dividends, account credits and ATM refunds from the Kasasa® checking program paid directly to members in the previous 365 days.