All loan rates are quoted as Annual Percentage Rates (APRs).
Each loan rate will be determined by certain creditworthiness criteria, and will fall within the range disclosed below. Please contact a credit union employee for an explanation of loan rates, terms, collateral requirements and any other loan information.
Other rates and loan types may be offered by the credit union from time to time.
Rates effective as of December 31, 2012
|
Type of Loan
|
Approximate Term (Months)
|
Annual Percentage Rate (APR)
|
|
Up to 120 |
3.00% above rate paid on shares |
CERTIFICATE SECURED |
Term of Certificate |
2.00% above existing Certificate rate |
NEW /USED Vehicles
(Current year + 6 years)
|
Up to 48 |
3.49% - 15.74% |
49-60 |
3.74% - 15.99% |
61-72 |
4.24% - 16.49% |
OLDER VEHICLE
(7 Years and older)
Auto/Truck/Van |
Up to 36 |
6.99% - 18.00% |
NEW
Boats
USED Boats |
1-84
1-72 |
5.24% - 17.49%
6.24% - 18.00%
|
NEW
Recreation Vehicle,
Mobile Home, and
Farm Equipment
USED
Recreation Vehicle &
Farm Equipment |
1-84
1-72 |
5.24% - 17.49%
6.24% - 18.00% |
NEW
Motorcycles
USED
Motorcycles
|
1-60
1-60 |
5.24% - 17.49%
6.24% - 18.00%
|
OTHER COLLATERAL
(President/CEO approval needed) |
Up to 120 |
Not to exceed the maximum rate allowed by NCUA.
|
PERSONAL |
Up to 36 |
8.99%-18.00% |
|
