| New & Used Vehicles |
| Effective Date: Wednesday, October 28th, 2020 |
| Maximum Term | Credit Score | Interest Rate and APR |
| 2018 & Newer |
| 84 Months (7 years) |
750+ |
4.50% |
| |
700-749 |
5.00% |
| |
675-699 |
5.75% |
| |
674 - |
N/A |
| 2017 & Newer |
| 72 Months (6 years) |
750+ |
4.00% |
| |
700-749 |
4.50% |
| |
675-699 |
5.25% |
| |
650-674 |
6.25% |
| |
649 - |
7.25% |
| 2014 & Newer |
| 60 Months (5 years) |
750+ |
2.99% |
| |
700-749 |
2.99% |
| |
675-699 |
2.99% |
| |
650-674 |
6.00% |
| |
649- |
7.00% |
| 2014 & Newer |
| 48 Months (4 years) |
750+ |
2.99% |
| |
700-749 |
2.99% |
| |
675-699 |
2.99% |
| |
650-674 |
5.75% |
| |
649 - |
6.75% |
| 2013 & Older |
| 48 Months (4 years) |
750+ |
2.99% |
| |
700-749 |
2.99% |
| |
675-699 |
2.99% |
| |
650-674 |
7.00% |
| |
649 - |
8.00% |
| 2013 & Older |
| 36 Months (3 years) |
750+ |
2.99% |
| |
700-749 |
2.99% |
| |
675-699 |
2.99% |
| |
650-674 |
6.50% |
| |
649 - |
7.50% |
| High LTV Loans |
| Effective Date: Wednesday, October 28th, 2020 |
| |
- 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
|
| Fresh Start Auto Loan Program |
| Effective Date: Wednesday, October 28th, 2020 |
| Maximum Term | Credit Score | Interest Rate and APR |
| $9,001 or Above - 4 Years |
N/A |
10.00% |
| $6,001 to $9,000 - 3 Years |
N/A |
10.00% |
| $3,001 to $6,000 - 2 Years |
N/A |
10.00% |
| $3,000 or Below - 1 Year |
N/A |
10.00% |
| Fresh Start Program is for Members Who Do Not Qualify for Our Regular Loan Program per Policy but Show Other Positive Factors |
| Smart Start Auto Loan Program |
| Effective Date: Wednesday, October 28th, 2020 |
| Maximum Term | Credit Score | Interest Rate and APR |
| 48 Months (4 Years) |
N/A |
8.00% |
| Recreational and Other Secured |
| Effective Date: Wednesday, October 28th, 2020 |
| Term | Credit Score | Interest Rate and APR |
RV, ATV, Other Secured
2015 & Newer |
| 120 Months (10 years) |
750+ |
5.75% |
| |
700-749 |
6.75% |
| |
675-699 |
7.75% |
| |
650-674 |
8.75% |
| |
649 - |
10.75% |
RV, ATV, Other Secured
2014 & Newer |
| 60 Months (5 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
7.50% |
| |
649 - |
9.50% |
RV, ATV, Other Secured
2013 & Older |
| 60 Months (5 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
8.50% |
| |
649 - |
10.50% |
Boat, Motor, Trailer & Lift
2015 & Newer |
| 120 Months (10 years) |
750+ |
5.25% |
| |
700-749 |
6.00% |
| |
675-699 |
7.00% |
| |
650-674 |
8.00% |
| |
649 - |
10.00% |
Boat, Motor, Trailer & Lift
2014 & Newer |
| 60 Months (5 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
7.25% |
| |
649 - |
9.25% |
Boat, Motor, Trailer & Lift
2013 & Older |
| 60 Months (5 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
8.50% |
| |
649 - |
10.50% |
Motorcycles
2014 & Newer |
| 60 Months (5 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
7.00% |
| |
649 - |
9.00% |
Motorcycles
2013 & Older |
| 48 Months (4 years) |
750+ |
3.99% |
| |
700-749 |
3.99% |
| |
675-699 |
3.99% |
| |
650-674 |
8.00% |
| |
649 - |
10.00% |
| 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: Wednesday, October 28th, 2020 |
| Maximum Term | Credit Score | Interest Rate and APR |
| 60 Months (5 years) |
700+ |
2.99% |
| |
675-699 |
2.99% |
| |
650-674 |
6.65% |
| |
649 - |
7.65% |
| Share Savings Secured Loans |
| Effective Date: Wednesday, October 28th, 2020 |
| 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: Wednesday, October 28th, 2020 |
| 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: Wednesday, October 28th, 2020 |
| Maximum Term | Credit Score | Interest Rate and APR |
| Unsecured - Closed End Loan |
| 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: Wednesday, October 28th, 2020 |
| 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% |
