Loan Rates

effective October 01, 2022

LOAN RATES – effective October 01, 2022
LOAN TYPE APR APPROXIMATE TERM
     
*Signature/Closed End as low as 4.79%** 4.79%** 4.79%** 4.99%** 5.99%**   12 months 24 months 36 months 48 months 60 months
New Auto/Truck Check out MVCP for car-buying tips. 2.24%**AUTO 2.49%**AUTO 2.74%**AUTO 3.24%**AUTO 36 months 48 months 60 months 72 months
Used Auto/Truck Check out MVCP for car-buying tips. (over $20,000) 2.74%**AUTO 2.99%**AUTO 3.24%**AUTO 3.74%**AUTO 36 months 48 months 60 months 72 months
New Boat/RV/Motorcycle (over $20,000) 2.74%**AUTO 2.99%**AUTO 3.49%**AUTO 48 months 60 months 72 months
Used Boat /RV Motorcycle (over $20,000) 3.24%**AUTO 3.49%**AUTO 3.99%**AUTO 48 months 60 months 72 months
Share Secure 2.00% 2.35% 2.50% 36 months 48 months 60 months
***Certificate Secured 1.5% over current CD rate up to 84 months
VISA® Credit Card as low as 10.90%** Revolving
VISA® Credit Card-Share Secured 7.00% Revolving

* Maximum combined unsecured credit limit – $20,000 (Loans and Visa) ** Annual Percentage Rates are based upon the credit history of the member. Rates stated above are the lowest rates in effect at the time. Not all members will qualify for these rates. AUTO – Loans must have an automatic payment option to qualify for these rates. *** The ANNUAL PERCENTAGE RATE (APR) for certificate secured advances will be the dividend rate being paid on the certificate offered as security (index) plus 1.5%. The certificate must be renewed until the advance is completely paid. When the certificate is renewed, the APR will change to reflect the new dividend rate. The actual APR will be disclosed at the time of the advance. Any increase in the APR will result in more payments of the same amount. Rates subject to change without notice. For specials, call the Credit Union.

HOME EQUITY RATES
LOAN TYPE APR APPROXIMATE TERM
Fixed Rates        

4.00%**

4.75%**

5 to 10 years

15 years

Variable Rate 0.00%** (Prime Rate + 0%) 15 Years

Rates based on 80% of appraised value less first mortgage.  Higher LTV’s will increase posted rates.  $125,000 maximum per property.  No points.  $200 Document Preparation Fee.  Member pays for appraisal, title search, recording and closing costs (Est. $500 to $l,000)   Rates subject to change. images