(Effective 01/26/2009 - Subject to Change)
|
SIGNATURE LOANS
|
|
Type
|
Terms
|
APR*
|
Limit
|
|
Signature Loan
|
48 months
|
12.75% up to 18.00%
|
$ 10,000.00
|
|
|
|
|
|
|
Line of Credit
|
48 months
|
9.00% Variable
|
$10,000.00
|
| |
|
|
|
| |
|
SHARES PLEDGED
|
|
Type
|
Terms
|
APR*
|
Description
|
Limit
|
|
Regular Shares
|
60 months
|
5.50%
|
$500 minimum advance
and
100% shares pledged
|
$500,000
|
|
Share Certificate
|
60 months
|
2.00% above certificate rate
|
$500,000
|
| |
|
VEHICLE LOANS
|
|
Type
|
Terms**
|
APR*
|
|
Limit
|
|
Vehicle
|
84 months
|
as low as 6.50%
|
$35,000.00 and up
|
100% NADA Value
|
|
72 months
|
as low as 6.25%
|
$ 25,000.00 and up
|
100% NADA Value
|
|
60 months
|
as low as 5.95%
|
|
100% NADA Value
|
|
48 months
|
as low as 5.75%
|
|
100% NADA Value
|
|
36 months
|
as low as 5.50%
|
|
100% NADA Value
|
|
3-4 years old add 1% to the above rates
|
5-6 years old add 2% to the above rates
|
7-12 years old add 3% to the above rates
|
|
| |
|
| |
|
|
|
Type
|
Terms**
|
APR*
|
Description
|
Limit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
*APR = Annual Percentage Rate
**Terms are determined by amount of loan
***Primary residence, single-family dwelling only
- Loan terms and interest rates may be adjusted based upon the applicant's credit-worthiness as well as market terms and rates.
- Loan request must be for $500.00 or more
- Co-Borrower/Co-Signer/Co-Maker/Guarantor may be required to qualify the maker for a loan.
- No loan shall be made to an individual or entity that is not a member of this credit union.
|
