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Loan & Visa Rates
Loan Rates
| Account Type |
Maximum Term |
Annual Percentage Rate |
| Vehicle Loans |
|
|
New Auto
(1/2% discount for
direct payment) |
Up to 36 months
37 – 48 months
49 - 72 months |
4.99%
5.99%
6.99% |
Used Auto
(1/2% discount for
direct payment) |
Terms to 60 months
(term dependent on age of vehicle) |
6.99% |
| New Motorcycle |
Up to $20,000, 60 months
Over $20,000, 72 months
(no downpayment required) |
7.99% |
| Used Motorcycle |
Up to $20,000, 60 months
Over $20,000, 72 months
(15% downpayment required) |
8.99% |
| New RV |
84 months
(15% downpayment required) |
7.99% |
| Used RV |
72 months
(15% downpayment required) |
8.99% |
| Consumer Loans |
|
|
| Appliance |
24 months |
12.0% |
| Computer |
36 months |
10.0% |
| Dental |
48 months |
12.0% |
| Home Improvement |
Up to $7,500, 48 – 60 months
$7,501 – $12,500, 72 months
|
9.5% |
| Lawn Equipment |
48 months |
10.0% |
| Holiday |
Must be paid by June 30 of
following year
(available in Nov. and Dec.) |
10.0% |
| Vacation |
Up to $1,000, 12 months
$1,001 – $4,500, 24 months |
9.0%
10.0% |
| Bill Consolidation |
< $1,000, 12-month term
$1,001 – $5,000, 36-month term
|
12.0% |
| Personal |
12 months
24 months
36 months |
10.99%
11.49%
11.99% |
| Hypothecation |
Based on amount borrowed |
5.0% |
| Education Loans |
|
|
| Education |
Up to $5,000/yr., up to 48 months;
not to exceed $15,000
$10,000 +, up to 60 months
|
9.99% |
| Interest-Only Student |
Years 1&2, $2500 max.
Years 3&4, $5000 max
|
9.0% |
| Real Estate |
|
|
Home Equity
($150 document
preparation fee)
|
Fixed Rate:
5 year
6 year
7
year
Variable Rate:
(5 year draw) |
6.00%
6.25%
6.50%
Prime minus 1/2% |
|
All rates stated above are annual percentage rates (APRs)
and are contingent upon approved credit.
Rates are valid as of 1/1/08 and are subject to change without notice.
Please call the credit union to obtain current rate information.
Visa Credit Cards
| Annual
percentage rate (APR) for purchases |
Classic:
8.99%
Share Secured: 12.0% |
| APR for cash advances and balance transfers |
Classic: 8.99%
Share Secured: 12.0% |
| Other APRs |
Penalty rates: 12.96%, 14.99%* |
| Grace period for repayment of balances for purchases |
25 days. |
| Method for computing the balance for purchases |
Average Daily Balance
(including new purchases) |
| Annual Fees |
None |
| Minimum Finance Charge |
None |
| Transaction fee for purchases |
None |
| Transaction fee for cash advances |
$5.00 |
| Balance transfer fee |
$5.00 |
| Late-payment fee |
$15.00 |
| Over-the-credit-limit fee |
$25.00 |
| * Your rate
will go up to 12.96% if your payments are late by
30 days or more twice in 6 months. If this event
occurs a second time, your rate will convert to
14.99%. After one year of current payments, you
may request to have your rate lowered back to the
original rate. It is your responsibility
to request this review; it will not be done automatically. |
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