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Loan Rates Home Banking: Click Here to Login

LOAN INTEREST RATES  (Effective: June 20, 2014) 

The interest rate categories listed below apply to all members who qualify for a loan with the credit union.  A member's category is determined by the Beacon scoring system provided by EQUIFAX credit bureau.  In the case of joint applications, the primary applicant's credit score will be used.  The following categories and accompanying interest rates do not represent final approval of a loan request, but rather to serve as a guide to determine the interest rate a member will be charged for a loan.  The credit union retains final authority to approve or deny a member's loan request.  All rates are subject to change without notice.

All rates are stated as an Annual Percentage Rate.

LOAN TYPE MAXIMUM LOAN AMOUNT MAXIMUM TERM IN MONTHS* CREDIT SCORE 
AA
(730-820)
A
(680-729)
B
(640-679)
C
(600-639)
D
(0-599)
Share Secured

 

 

24 3.00% 3.00% 3.00% 3.00% 3.00%
48 3.50% 3.50%

3.50%

  3.50% 

3.50%
60 4.00% 4.00% 4.00% 4.00% 4.00%

Credit Builder ($750)

  09 12.99% 12.99% 12.99% 12.99% 12.99%

Signature Loans

$5,000 36 6.90% 8.90% 14.90% 16.90% 18.00%

Platinum VISA Credit Card

N/A N/A 6.90% 6.90% 6.90% 6.90% N/A
(Maximum Credit Limit)     ($20,000) ($20,000) ($15,000) ($10,000) N/A
New/Used Autos, Boats, Motorcycles and Jet Skis

New: 100% Sticker/MSRP
Used: 100% Lesser Book Value or Purchase Price

72 Month Term: Minimum of $25,000

RETAIL VALUE RETAIL VALUE TRADE IN VALUE LOAN VALUE LOAN VALUE
36 1.49% 2.49% 7.90% 13.90% 18.00%
48 1.49% 2.49% 8.90% 14.90% 18.00%
60 1.99% 2.99% 9.90% 15.90% 18.00%
72 2.49% 3.49% N/A N/A N/A
Real Estate - 1st Mortgage 90% Lesser Value or Purchase Price 84 N/A N/A N/A N/A N/A
120 N/A N/A N/A N/A N/A
180 N/A N/A N/A N/A N/A

90% Lesser Value or Purchase Price

240
360
N/A N/A N/A
N/A

N/A
N/A

N/A
N/A
Real Estate - 2nd Mortgage 80% of Value Less 1st Mortgage;
$5,000 Minimum
60 N/A N/A N/A N/A N/A
120 N/A N/A N/A N/A N/A

Unimproved Property

80% Lesser of Value or Purchase

72

N/A

N/A

N/A

N/A

N/A

Recreational Vehicles and Campers New: Up to 90% of Purchase Price
Used: Up to 85% of Purchase Price
84 Month Term: $25,000 Minimum
144 Month Term: $50,000 Minimum
48 4.90% 5.90% 9.90% N/A N/A
84 5.90% 6.90% 10.90% N/A N/A
144 6.90% 7.90% 11.90% N/A N/A
*MAXIMUM TERMS 
LOAN TYPE MODEL/YEAR MAXIMUM TERM
IN MONTHS
Autos, Boats New - 1 Year 72
2 Year - 4 Year 60
5 Year - 7 Year 48
8 Year - 12 Year 36
Motorcycles New 60
Used 48
Jet Skis New 48
Used 36

Loan Calculator - to assist you with payment options.

Repayment term example: "A seven year, $45,000 loan with an APR of 6% would require 84 monthly payments of $657.57."

Payments received 15 days after the scheduled date will be charged 5% of the amount of the payment(s) due at the time the late charge is incurred.

 

 

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