Loan Rates
Rates effective July 1, 2010 and subject to change.
| Personal Loan Rates | |
|---|---|
| Auto Loans - New Models | As low as 5.75% APR |
| 100% Financing available. Terms up to 10 years. Fixed rates only. Rates and terms may vary based on credit history & profile. Lower rates are available for shorter terms! Contact our loan department at (919) 941-5700 for more information. Based on a 60-month term. | |
| Auto Loans - Used Models | As low as 5.75% APR |
| 100% Financing available. Terms up to 10 years. Fixed rates only. Rates and terms may vary based on credit history & profile. Lower rates are available for shorter terms! Contact our loan department at (919) 941-5700 for more information. Based on a 60-month term. | |
| RV Loans - New & Used Models | As low as 7.25% APR |
| 100% financing available. Terms up to 10 years. Rates and terms may vary based on credit history and profile. Fixed Rates only. | |
| Motorcycle & Boat Loans - New & Used Models | As low as 7.75% APR |
| 100% financing available. Terms up to 10 years. Rates and terms may vary based on credit history and profile. Fixed Rates only. | |
| Personal Loans | 9.00% APR and up |
| Rates and terms may vary based on credit history and profile. Fixed Rates only. Term available up to 60 months. | |
| Visa Credit Cards | Fixed Rate - 10.00% APR and up |
| No Annual Fee. No fee for cash advances. Fixed rates may vary based on credit history and profile. 30-day grace period. Monthly payment = 2% of balance. | |
| Overdraft Protection | 9.00% APR and up |
| Rates and terms may vary based on credit history and profile. | |
Rates and terms subject to change.
*APR = Annual Percentage Rate
| Home Equity Loans | |
|---|---|
| As low as 5.75% | Maximum loan-to-value is 100% |
Fixed rates may vary based on credit history and profile. Terms available up to 10 years. Maximum loan-to-value is 100%.
Home Equity Line of Credit*
| Amount | APR |
|---|---|
| $15,000 and Over | 5.00%* |
| Up to $15,000 | 5.00%* |
Free Closing Costs.
Interest may be tax deductible! 10-year draw period and 15-year repayment period. Maximum Loan-to-Value = 100%. Variable rate based on Wall Street Journal prime rate plus 1% APR and .75% APR. Rates subject to change quarterly.
*APR = Annual Percentage Rate
*This product's floor (lowest) rate is either 5.00% or 7.00% based on loan-to-value..
Share/Money Fund
| Type | Term | APR |
|---|---|---|
| Share Loan | Up to 60 months | Share Rate + 4% |
| Money Fund | Up to 60 months | Money Fund Rate + 4% |
Variable Interest Rate.
Borrow as much as you have in your Savings (Share) Account or Money Fund Account
*APR = Annual Percentage Rate
| Certificate Loans | |
|---|---|
| Interest Rate = current certificate rate + 4% | Borrow up to the amount invested and the term of your loan will equal. Interest rate remains constant for duration of loan and certificate. |
General Policies
Repayment
Payment for a loan is easy with a payroll deduction or automatic transfer from your checking, savings, or money fund. Payroll deduction is not available for Home Equity or Visa payments.
Insurance
We offer credit life and credit disability insurance to protect your loan at a very low cost! Ask your Loan Officer for details.
Variable Rate Loans
Interest rates for this category of loans may change each quarter on new and existing loans. This guarantees that credit union interest rates will keep pace with the economy and protect both the individual and the membership as a whole.
Fixed Rate Loans
These loans offer you the security of an interest rate that remains constant over the life of the note.
