Rates
Loan Rates - effective January 1, 2010
FULLY SECURED LOANS
- 84 month max term
- Maximum Amount - $40,000
- As low as 4.59%
COLLATERAL LOANS
| |
|
|
As Low As |
| New – 2009 |
1 - 37 months |
|
4.59% |
| New – 2009 |
38 - 61 months |
over $10,000 |
4.99% |
| New – 2009 |
62 - 73 months |
over $16,000 |
5.59% |
| New – 2009 |
74 – 85 months |
over $20,000 |
6.19% |
| 2008 – 2006 |
1 - 37 months |
|
5.19% |
| 2008 – 2006 |
38 - 49 months |
over $10,000 |
5.59% |
| 2008 – 2006 |
50 - 61 months |
over $14,000 |
5.99% |
| 2008 – 2006 |
62 – 73 months |
over $18,000 |
6.59% |
| 2005 – older |
1 - 37 months |
|
5.99% |
| 2005 – older |
38 - 49 months |
over $10,000 |
6.29% |
| |
|
|
|
| Antique 15+ years |
1 - 37 months |
|
5.59% |
| Antique 15+ years |
38 - 49 months |
over $10,000 |
5.99% |
| Antique 15+ years |
50 - 61 months |
over $14,000 |
6.29% |
| Antique 15+ years |
62 – 73 months |
over $18,000 |
6.59%
|
**add 1.0% to above rates for other title loans: boat, atv, camper, utility trailer
**add 2.0% to above rates for UCC1 loans
When collateral is involved, the credit union will use the N.A.D.A guide and the Kelley Blue Book to establish value when considering a loan for approval. If there is no N.A.D.A. or Kelley value available the credit union will require another acceptable statement of value such as: an appraisal, dealer’s quote, or insurance quote. Antique auto average retail value must exceed $6000
SIGNATURE LOANS
- 48 month max term
- Maximum Amount - $10,000
- As low as 8.59%
Note: Stated rates are the lowest rates offered as of this date and are subject to change without notice. Actual rate charged may increase according to credit score.
Certificate Rates - effective February 27, 2010
- 6 month - 1.05%
- 12 month - 1.05%
- 18 month - 1.15%
- 24 month - 1.20%
Dividends
| Dividends |
| Declared |
06/30/2010 |
| Paid |
07/01/2010 |
| Shares |
.75% APY |
| Christmas Club |
.75% APY |
| Fun / Future |
.75% APY |
| IRA (all types) |
1.40% APY |
| Share Certificate rate |
varies according to term |
| *APY = annual percentage yield - Dividends paid on average daily balance, actual yield may vary according to date of deposit/withdrawal |
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