FIND THE RATE THAT FITS YOUR NEEDS

Rates

 

rates

The following table shows how interest rates will be structured for Home Equity Loans and 1st Mortgage Rate Loans and Land Loans. Rates are based on 3 Year US Treasury on July 15th (or closest business day).

Rate Table

(Effective August 1, 2018)
Base Rate is 2.75% index with 2.75% margin

SCORERate StructureRate
A Margin Rate 2.75% + 2.50% (0.25% discount) 5.25%
B Margin Rate 3.00% + 2.75% 5.75%
C Margin Rate 4.50% + 2.75% 7.25%
D Margin Rate 5.75% + 2.75% 8.50%
E Margin Rate 6.00% + 2.75% 8.75%

Floor will be 5.00% and ceiling on a 20 year is 10% and on a 30 year is 15%
80% Loan To Value Policy in place
15 years MAX term on Land Loans
15 years MAX term on Mobile homes and land (not converted to real estate)
Advances can be made up to half the term of mortgage

Grade of Paper Score

SCORE
A+ 720+
A 680-720
B 640-679
C 600-639
D 555-599
E 554 and below

Auto Loans

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New Auto Loans - Risk Based Lending
SCORE36 Month APR48 Month APR60 Month APR72 Month APR84 Month APR
A+ 2.75% 3.00% 3.25% 3.75% 6.25% $25,000 & UP
A 2.75% 3.00% 3.25% 3.75% 6.25% $25,000 & UP
B 3.00% 3.25% 3.50% 4.00%
C 6.00% 6.50% 6.75% 7.50%
D 10.25% 10.75% 11.25% 12.50%
E 13.25% 13.75% 14.25% 15.50%
Used Auto Loans - Risk Based Lending
SCORE36 Month APR48 Month APR60 Month APR72 Month APR84 Month APR
A+ 3.00% 3.25% 3.50% 4.00% 6.25% $25,000 & UP 2010 & Newer
A 3.25% 3.50% 4.00% 4.50% 5.75% APR $25,000 & UP 2010 & Newer
B 4.25% 4.50% 4.75% 5.75%
C 6.00% 6.25% 6.75% 7.50%
D 11.30% 12.30% 12.75%
E 13.80% 14.50% 15.30%
Used Auto Loans - 2008 and Older - Risk Based Lending
SCORE36 Month APR48 Month APR
Assigned C 13.25% 13.75%
D 16.25% 16.75%
E 18.00% 18.00%

A+, A, B & C will finance 100% retail value
Assigned C, D & E will finance loan value only
Any Exceptions must be approved by CEO or Loan Manager

Signature Loan Rates

Risk Based Lending
SCORE24 Month APR36 Month APR
A+ 7.75% 8.25%
A 8.00% 8.50%
B 8.25% 8.75%
C 13.75%
D 16.75%
E 17.75%

A & B up to $3000.00
C up to $2000.00
Assigned C $500
D & E $500
Any exceptions must by approved by CEO or Loan Manager

Share Secured Loan Rate

3.00% for up to 72 months


CD Secured Loan Rate

2.00% ABOVE CD RATE

Recreational Loans

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New Recreational Vehicle Loans - Risk Based Lending
SCORE36 Month APR48 Month APR60 Month APR72 Month APR*84-120 Month APR*132-180 Month APR
A+ 4.25% 4.50% 4.75% 5.25% 5.75% 6.75%
A 4.25% 4.50% 4.75% 5.25% 5.75% 6.75%
B 5.00% 5.50% 5.75% 6.50% 6.25% 7.25%
C 5.25% 5.75% 6.75% 7.50% 7.75% 8.00%
D 11.75% 12.75% 13.75% 14.75% 15.75% 16.75%
E 14.75% 15.75% 16.75% 17.75% 18.00% 18.00%
* Must be $30,000 to $50,000 for 84-120 months
* Must be over $50,000 for 132-180 months
Used Recreational Vehicle Loans - Risk Based Lending
SCORE 36 Month APR 48 Month APR 60 Month APR 72 Month APR*84-120 Month APR*132-144 Month APR
A+ 4.50% 4.75% 5.00% 5.50% 6.00% 7.00%
A 4.50% 4.75% 5.00% 5.50% 6.00% 7.00%
B 5.25% 5.75% 6.00% 6.75% 7.00% 7.75%
C 6.25% 6.50% 6.75% 7.75% 8.00% 8.25%
D 14.75% 15.75% 16.75% 17.75% 18.00% 18.00%
E 16.50% 17.50% 17.75% 18.00% 18.00% 18.00%
* Must be $30,000 to $50,000 for 84-120 months
* Must be over $50,000 for 132-180 months
Used Recreational Vehicle Loans 11 Years or Older (2005 and Older) - Risk Based Lending
SCORE36 Month APR48 Month APR
Assigned C 13.25% 14.25%
D 16.25% 17.25%
E 18.00% 18.00%
* Rates are based on individual credit history. Your actual rate may be lower or higher depending on your credit score. All credit union loan programs, rates, terms and conditions are subject to change at any time without notice.

A+, A & B will finance 100% retail value
C, D & E will finance 80% of retail value
Any Exceptions must be approved by CEO or Loan Manager

Mobile Home Loans

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New Mobile Home Loan
SCOREWith Land 180 Month APRWithout Land 180 Month APR
A+ 7.25% 8.25%
A 7.75% 8.75%
B 8.25% 9.25%
C 9.25% 10.25%
D 10.25% 11.25%
E 15.25% 16.25%
2005 & Newer Mobile Home Loan
SCOREWith Land 72 Months APRWithout Land 72 Months APR
A+ 8.25% 9.25%
A 8.75% 9.75%
B 9.75% 10.00%
C 10.25% 11.25%
D 12.75% 13.75%
E 17.75% 18.00%
2004 or Older Mobile Home Loan
SCOREWith Land 72 Months APRWithout Land 72 Months APR
A+ 9.25% 10.25%
A 9.75% 10.75%
B 10.25% 11.25%
C 11.25% 12.25%
D 15.00% 15.75%
E 17.75% 18.00%

A+, A & B will finance 100% retail value
C, D & E will finance 80% of retail value
Any Exceptions must be approved by CEO or Loan Manager

Savings Rates

Share Savings Account
$25.00 to $7,500.99 0.10% 0.10% Annual Percentage Yield
$7,501.00 to $10,000.99 0.20% 0.20% Annual Percentage Yield
$10.001.00 to $20,000.99 0.30% 0.30% Annual Percentage Yield
$20,001.00 to $50,000.99 0.35% 0.35% Annual Percentage Yield
$50,001.00 to $100,000.99 0.50% 0.50% Annual Percentage Yield
$100,001.00 and up 0.55% 0.55% Annual Percentage Yield
Premium Share Savings Account
$25.00 to $7,500.99 0.25% 0.25% Annual Percentage Yield
$7,501.00 to $10,000.99 0.35% 0.35% Annual Percentage Yield
$10,001.00 to $20,000.99 0.45% 0.45% Annual Percentage Yield
$20,001.00 to $50,000.99 0.55% 0.55% Annual Percentage Yield
$50,001.00 to $100,000.99 0.65% 0.65% Annual Percentage Yield
$100,001.00 and up 0.75% 0.75% Annual Percentage Yield
* Savings with Checking Account
Premium Share Draft (Checking) Account

$500.00 Minimum  |  0.50% Annual Percentage Yield

Kids Club Share Account

$25.00 and up  |  0.50% Annual Percentage Yield


Vacation Club Share Account

No Minimum  |  0.10% Annual Percentage Yield


Christmas Club Share Account

No Minimum  |  0.10% Annual Percentage Yield


Traditional or Roth IRA Share Account

No Minimum  |  1.00% Annual Percentage Yield

* All variable rate accounts are subject to change once account is opened. An early withdrawal penalty may be imposed on the Certificates of Deposit. Tere are no maintenance fees for Certificates of Deposits. A dormant fee of $10.00 dollars will be imposed on the savings accounts with no activity for 24 months.


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