Rates
Loan Rates
| Type of Loan | Term | APR* |
|---|---|---|
| New (or Newer Used) Vehicles & Motorcycles 2024 – 2020 model years |
Up to 84 Months | 4.49% – 12.49% |
| Older Used Vehicles & Motorcycles 2019 – 2015 model years |
Up to 72 Months | 6.49% – 13.49% |
*APR = ANNUAL PERCENTAGE RATE. RATE BASED ON CREDITWORTHINESS. A VEHICLE VALUE IS BASED ON MSRP OR BY A SOURCE APPROVED BY THE CREDIT UNION. ALL RATES, TERMS, AND CONDITIONS ARE SUBJECT TO CHANGE AND MAY VARY BASED ON CREDITWORTHINESS, QUALIFICATIONS, AND COLLATERAL CONDITIONS.
PAYMENT EXAMPLE: $22,000.00 LOAN FOR 72 MONTHS AT 2.49%* WILL RESULT IN A MONTHLY PAYMENT OF $329.29.
| Type of Loan | Term | APR* |
|---|---|---|
| Signature (Unsecured) | Up to 60 Months | 9.99% – 17.99% |
| Vehicle Non–Purchase | Up to 60 Months | 6.49% – 13.49% |
| Share Secured Loan | Up to 60 Months | 6.00% |
*APR = ANNUAL PERCENTAGE RATE. RATE BASED ON CREDITWORTHINESS.
PAYMENT EXAMPLE: $1,000.00 LOAN FOR 12 MONTHS AT 9.99%* WILL RESULT IN A MONTHLY PAYMENT OF $87.92.
Savings Rates
| Share Type | Minimum Balance to Earn Dividend | Dividend Rate³ | APY¹ |
|---|---|---|---|
| Share Savings | $500.00 | 0.05% | 0.05% |
Individual Retirement Rate
| Share Type | Minimum Balance to Earn Dividend | Dividend Rate³ | APY¹ |
|---|---|---|---|
| Individual Retirement Accounts (IRA) | $100.00 | 0.45% | 0.45% |
¹APY = Annual Percentage Yield. Fees could reduce the earnings of the account.
²Rates are subject to change quarterly as determined by the Credit Union Board of Directors.
Last updated 12/22/2021. Dividends are calculated using the average daily balance and are paid and compounded quarterly. Dividends are not paid on accounts closed before the end of the quarter.
Fees could reduce the earnings of the account.
Certificate Rates
Rates effective 9/30/2022
| Share Certificate Term | Minimum Balance to Earn Dividend | Rate⁴ | APY¹ |
|---|---|---|---|
| 12 Months | $500.00 | 1.25% | 1.256% |
| 24 Months | $500.00 | 1.75% | 1.761 |
| 36 Months | $500.00 | 2.00% | 2.015% |