| New & Used Vehicles |
| Effective Date: Thursday, November 21st, 2019 |
| Maximum Term | Credit Score | Interest Rate and APR |
| 2017 & Newer |
| 84 Months (7 years) |
750+ |
4.75% |
| |
700-749 |
5.25% |
| |
675-699 |
6.25% |
| |
674 - |
N/A |
| 2016 & Newer |
| 72 Months (6 years) |
750+ |
4.50% |
| |
700-749 |
5.00% |
| |
675-699 |
6.00% |
| |
650-674 |
7.00% |
| |
649 - |
8.00% |
| 2013 & Newer |
| 60 Months (5 years) |
750+ |
4.25% |
| |
700-749 |
4.75% |
| |
675-699 |
5.75% |
| |
650-674 |
6.75% |
| |
649- |
7.75% |
| 2013 & Newer |
| 48 Months (4 years) |
750+ |
3.99% |
| |
700-749 |
4.50% |
| |
675-699 |
5.50% |
| |
650-674 |
6.50% |
| |
649 - |
7.50% |
| 2012 & Older |
| 48 Months (4 years) |
750+ |
5.00% |
| |
700-749 |
5.50% |
| |
675-699 |
6.50% |
| |
650-674 |
7.50% |
| |
649 - |
8.50% |
| 2012 & Older |
| 36 Months (3 years) |
750+ |
4.75% |
| |
700-749 |
5.25% |
| |
675-699 |
6.25% |
| |
650-674 |
7.25% |
| |
649 - |
8.25% |
| Fresh Start Program |
| Effective Date: Thursday, November 21st, 2019 |
| The Fresh Start Program is for members who do not qualify for our regular loan program per policy but show other positive factors. |
| Amount | Maximum Term | Interest Rate and APR |
| $9001 or above |
4 Year |
10.00% |
| $6001 - $9000 |
3 Year |
10.00% |
| $3001 - $6000 |
2 Year |
10.00% |
| $3000 or below |
1 Year |
10.00% |
| High LTV Loans |
| Effective Date: Thursday, November 21st, 2019 |
| |
- Some members may qualify for an auto loan for over the book value based on the following criteria
- Minimum credit score of 700
- Max DTI 35%
- Max LTV 125% - Not including GAP or Warranty
- Term may be shorter due to mileage
|
| Recreational and Other Secured |
| Effective Date: Thursday, November 21st, 2019 |
| Term | Credit Score | Interest Rate and APR |
RV, ATV, Other Secured
2012 & Older |
| 60 Months (5 years) |
750+ |
5.50% |
| |
700-749 |
6.50% |
| |
675-699 |
7.50% |
| |
650-674 |
8.50% |
| |
649 - |
10.50% |
RV, ATV, Other Secured
2013 & Newer |
| 60 Months (5 years) |
750+ |
4.50% |
| |
700-749 |
5.50% |
| |
675-699 |
6.50% |
| |
650-674 |
7.50% |
| |
649 - |
9.50% |
RV, ATV, Other Secured
2014 & Newer |
| 120 Months (10 years) |
750+ |
5.75% |
| |
700-749 |
6.75% |
| |
675-699 |
7.75% |
| |
650-674 |
8.75% |
| |
649 - |
10.75% |
Boat, Motor, Trailer & Lift
2012 & Older |
| 60 Months (5 years) |
750+ |
5.50% |
| |
700-749 |
6.50% |
| |
675-699 |
7.50% |
| |
650-674 |
8.50% |
| |
649 - |
10.50% |
Boat, Motor, Trailer & Lift
2013 & Newer |
| 60 Months (5 years) |
750+ |
4.25% |
| |
700-749 |
5.25% |
| |
675-699 |
6.25% |
| |
650-674 |
7.25% |
| |
649 - |
9.25% |
Boat, Motor, Trailer & Lift
2014 & Newer |
| 120 Months (10 years) |
750+ |
5.25% |
| |
700-749 |
6.00% |
| |
675-699 |
7.00% |
| |
650-674 |
8.00% |
| |
649 - |
10.00% |
Motorcycles
2013 & Newer |
| 60 Months (5 years) |
750+ |
5.50% |
| |
700-749 |
6.00% |
| |
675-699 |
7.00% |
| |
650-674 |
8.00% |
| |
649 - |
10.00% |
Motorcycles
2012 & Older |
| 48 Months (4 years) |
750+ |
6.00% |
| |
700-749 |
7.00% |
| |
675-699 |
8.00% |
| |
650-674 |
9.00% |
| |
649 - |
11.00% |
| Terms based on vehicles with average mileage. The Credit Union may reduce term on higher mileage vehicles. Other circumstances such as excellent credit history, down payment or low mileage may warrant extension of term. Interest rates based on credit score at time of application. Applicants must meet underwriting guidelines to be approved. Loan amount must qualify for term. |
| Classic/Antique Auto Loans |
| Effective Date: Thursday, November 21st, 2019 |
| Maximum Term | Credit Score | Interest Rate and APR |
| 60 Months (5 years) |
700+ |
4.15% |
| |
675-699 |
5.65% |
| |
650-674 |
6.65% |
| |
649 - |
7.65% |
| Share Savings Secured Loans |
| Effective Date: Thursday, November 21st, 2019 |
| Interest Rate | APR | Maximum Term |
| 3.25% |
3.25% |
MAX TERM 36 MONTHS |
| 4.50% |
4.50% |
MAX TERM 60 MONTHS |
| Loans secured by savings require a 3 year balloon. |
| Share Certificate Secured Loans |
| Effective Date: Thursday, November 21st, 2019 |
| Interest Rate | APR | Term |
| CD rate + 2% |
CD Rate +2% |
Minimum 12 Months |
| Loans secured by CD's must not have a contract term that exceeds CD term. |
| Unsecured Loans |
| Effective Date: Thursday, November 21st, 2019 |
| Maximum Term | Credit Score | Interest Rate and APR |
| Unsecured - Closed End Loan |
| 12 Months Special (1 year) $1,000 |
N/A |
5.99% |
| 24 Months Special (2 years) $2,500 |
N/A |
7.99% |
| 48 Months (4 years) |
750+ |
7.50% |
| |
700-749 |
9.00% |
| |
675-699 |
10.00% |
| |
650-674 |
11.50% |
| |
649 - |
13.50% |
| Revolving Line of Credit Loan |
| 60 Months (5 years) |
750+*** |
5.90%*** |
| |
700+ |
8.90% |
| |
675-699 |
10.90% |
| |
650-674 |
13.90% |
| |
649 - |
15.90% |
***The Revolving Line of Credit Rate of 5.90% MUST meet the following qualifications:- 750+ Credit Score
- Must have a Savings & Checking with the Credit Union
- Must have one additional loan with the Credit Union
|
| Credit Cards |
| Effective Date: Thursday, November 21st, 2019 |
| Maximum Term | Credit Score | Interest Rate and APR |
| Visa Platinum Credit Card |
| Revolving |
700+ |
7.90% |
| Visa Classic Credit Card |
| Revolving |
675-699 |
9.90% |
| |
674 - |
12.90% |
| Visa Secured Credit Card |
| Revolving |
N/A |
12.90% |
