The Annual Percentage Rates*, and corresponding Daily Periodic Rate for each loan sub-account are shown below. The amount and due date of payments will be determined at the time of each advance and disclosed on the Advance Request Voucher. Rates are subject to change, please contact the Loan Department at 1-800-876-8887 for current rates, or if you have additional questions.
- This APR is the Credit Union's standard rate. The rate may vary depending on each individual's credit history and underwriting factors.
| Effective December 31, 2009 |
Subacct. Description |
Daily Periodic Rate |
Annual Percentage Rate |
| New Vehicles |
| 100% Financing |
0.016301% |
5.95% * (60 mo.) |
| 85% Financing |
0.014795% |
5.40% * (60 mo.) |
| Used Vehicles |
| 100% Financing |
0.018356% |
6.70% * (60 mo.) |
| 85% Financing |
0.017534% |
6.40% * (60 mo.) |
.25% Discount Off 85% Car rate for 75% Financing Or Below
.50% Discount For Car Sale |
|
Subacct. Description |
Daily Periodic Rate |
Annual Percentage Rate |
| New Boats |
| 12-48 months |
0.015068% |
5.50% * |
| 49-72 months |
0.018493% |
6.75% * |
| 73-120 months |
0.022602% |
8.25% * |
| Used Boats |
| 12-48 months |
0.017808% |
6.50% * |
| 49-72 months |
0.019863% |
7.25% * |
| 73-120 months |
0.023972% |
8.75% * |
| New Recreational Vehicles |
| 49-60 months |
0.019863% |
7.25% * |
| Used Recreational Vehicles |
| 49-60 months |
0.020548% |
7.50% * |
| Motorcycles |
| 49-60 months |
0.020548% |
7.50% * |
| Collateral Advances |
| 49-60 months |
0.038356% |
14.00% * |
| Collateral Advances (Holding Car Title) |
| 49-60 months |
0.027397% |
10.00% * |
| Revolving Credit Advances |
| ------------------ |
0.045205% |
16.50% * |
| Debt Consolidations |
| 25-36 months $5,000 minimum |
0.032877% |
12.00% * |
| Personal Advances |
| 25-36 months $5,000 minimum |
0.028767% |
10.50% * |
| Share Secured Advances |
| Please contact the loan department for rates |
| Share Secured C.D.'S (Minimum Deposit of $1,000.00) |
| Please contact the loan department for rates |
| Computer Loans |
| 25-36 months $5,000 minimum |
0.028767% |
9.00% * |
|
* BASE RATE. ACTUAL RATE BASED ON CREDIT SCORE
All loans are secured by any property specifically pledged and shares on deposit with the credit union. In addition, ALL loans are cross-collateralized by all property and shares pledged to secure any loan or advance. For example, a car pledged to secure a New Car loan will also secure a personal loan. Cross-collateralization does not apply to your home, any Keogh or IRA accounts with us, or to property defined as household goods under Regulation AA or 12 CFR 706.
SKIP PAYMENT: You may omit making your December payment as promoted annually. Other Skip Pay promotions may be offered during similar months. You must complete a Skip Payment coupon to receive this offer. Loans must be current to qualify. The skip payment fee is $35.00 for the Skip -A-Payment Promotion. The fee will increase the finance charge for the month that it is added. You may skip other months other than the promotion periods by making your request in writing. Finance charges (interest) will continue to accrue during those months skipped.
LATE CHARGES: For payments 15 days or more past due, a late charge or 5% installment due will be charged, minimum of $5.00.
COLLECTION COSTS: You promise to pay all costs of collecting the amount owed under this agreement including court costs and reasonable attorney fees not in the excess of 15% of the unpaid debt.
FILING FEE: You will be charged a filing fee at the time of the advance if the credit union takes a security interest in your collateral. The amount of the fee is based on the fee required by state law for the credit union to obtain a lien of your property. The amount of the fee will be disclosed on the voucher.
Click Here for Savings Rates |
