Loan Rates

Effective as of: November 20, 2017

Member eligibility required.

To learn about our Lending Philosophy, click here.

New Vehicle Loans (2011 and Newer)
2011-2013: Maximum 5 Year Term
2014-2015: Maximum 6 Year Term
2016-2017: Maximum 7 Year Term

Term Rate APR* Payment
3 Years 2.99% 2.99% Payment per $1,000 = $29.08
4 Years 3.25% 3.25% Payment per $1,000 = $22.24
5 years 3.50% 3.50% Payment per $1,000 = $18.19
6 years 3.50% 3.50% Payment per $1,000=  $15.42
7 years 4.50% 4.50% Payment per $1,000 = $13.90

Terms available vary based on model year of vehicle.

Vehicle Loans - Model Years (2002-2010)
2002-2004: Maximum 2 Year Term
2005-2007: Maximum 3 Year Term
2008-2010: Maximum 4 Year Term
 
Term Rate APR* Payment
2 years 4.50% 4.50% Payment per $1,000 = $43.64
3 years 4.50% 4.50% Payment per $1,000 = $29.75
Terms available vary based on model year of vehicle.
First Mortgages  (sold on the secondary market)
Term Rate APR* Payment
15 years 3.250% 3.533% Payment per $1,000 = $7.03
20 years 3.750% 3.939% Payment per $1,000 = $5.92
30 years 3.990% 4.130% Payment per $1,000 = $4.76

*Important Loan Information

The information provided assumes the purpose of the loan is to purchase or refinance a property with a loan amount of $200,000 and an estimated property value of $250,000.  An escrow/impound account will not be waived.  The property is an existing single family home and will be used as a primary residence.  The rate lock period is 30 days and the assumed credit score is 740.

First Mortgages  (in-house)
Term Rate APR* Payment
5 years 3.500% 3.762% Payment per $1,000 = $18.19
10 years 3.990% 4.067% Payment per $1,000 = $10.12
15 years 4.250% 4.330% Payment per $1,000 = $7.52
20 years 4.500% 4.554% Payment per $1,000 = $6.33
30 years 5.000% 5.050% Payment per $1,000 = $5.37

1.  These payments do not include amounts for taxes and insurance premiums.
2. Applies to loans $100,000 or less. Loans over $100,000 are available if refinancing an existing credit union mortgage.

3. The actual payment obligation will be greater if taxes and insurance premiums are added to the loan.
4. Closing costs typically range from $300 to $1,700.
5. Maximum LTV 80%.

First Mortgages Mobile Homes on full foundation
Term Rate APR*  
10 years 3.999% 4..067% Payment per $1,000 = $10.12
15 years 4.250% 4.330% Payment per $1,000 = $7.52
20 years 4.500% 4.554% Payment per $1,000 = $6.33
30 years 5.000% 5.050% Payment per $1,000 = $5.36
1. These payments do not include amounts for taxes and insurance premiums.The actual payment obligation will be greater if taxes and insurance premiums are added to the loan.
2. Closing costs typically range from $750 to $1.500.
3. Maximum LTV 80%.
First Mortgages Mobile Homes located on slab
Term Rate APR*  
10 years 3.990% 4.067% Payment per $1,000 = $10.12
15 years 4.250% 4.330% Payment per $1,000 = $7.52
20 years 4.500% 4.554% Payment per $1,000 = $6.33

1. These payments do not include amounts for taxes and insurance premiums.The actual payment obligation will be greater if taxes and insurance premiums are added to the loan.
2. Closing costs typically range from $750 to $1.500.
3. Maximum LTV 80%.

5-YR Balloon Mortgage
Term Rate APR*
Based on a 30 year amortization 3.500% 3.732%

Closing costs typically range from $300 to $1,700.
Construction Loans
Term Rate Notes
Max. term 12 months, interest only payments 6.00% 1 point required (maximum $2,000)
 
Fixed Rate Equity Loan     Second/Junior Mortgages
Term Rate APR* Payment
5 years 3.500% 3.545% Payment per $1,000 = $18.19
8 years 3.750% 3.844% Payment per $1,000 = $12.08
10 years 3.990% 4.067% Payment per $1,000 = $10.12
15 years 4.500% 4.554% Payment per $1,000 =  $7.65
20 years 5.500% 5.541% Payment per $1,000 = $6.88
1. These payments do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance premiums are added to the loan.
2. Closing costs typically range from $300 - $700.
Mobile Homes In A Park
Term Rate APR* Payment
5 years 5.00% 5.00% Payment per $1,000 = $18.87
8 years 5.25% 5.25% Payment per $1,000 = $12.78
10 years 5.50% 5.50% Payment per $1,000 = $10.85
15 years 6.00% 6.00% Payment per $1,000 = $8.44
20 years 6.50% 6.50% Payment per $1,000 = $7.46
Camps/Vacation Homes
Term Rate APR* Payment
10 years 4.99% 5.134% Payment per $1,000 = $10.60
15 years 5.25% 5.355% Payment per $1,000 = $8.04
20 years 5.50% 5.586% Payment per $1,000 = $6.88
Home Equity Lines of Credit
Term Rate Payment
Revolving Prime rate + 0%
 
1 1/2% of the outstanding balance as of last advance, or $50 whichever is greater.
1. There is no minimum initial advance required.
2. Property Insurance is also required.
3. There is no minimum Annual Percentage Rate (APR) that may be imposed. The maximum APR that may be imposed is 15%.The APR may increase or decrease monthly. The interest rate will be based on the prime rate as published in the Wall Street Journal (the “Index”) plus zero percentage points (0%) (the “Margin”). The interest rate will change whenever the Index changes. Changes in the interest rate will be calculated by taking the Index figure available fifteen (15) days before the first day of the month (the “Change Date”) and adding to it the Margin stated above. This figure rounded to the nearest .25% will be the new interest rate effective until the next Change Date.
4. Closing costs typically range from $250 - $750.
No Equity Home Improvement
Term Rate APR* Payment
10 years 5.950% 6.072% Payment Per $1,000 = $11.08

1. 5.950% Fixed APR (Annual Percentage Rate) for a 10 year term.
2. 120 monthly payments of $11.08 per $1,000 borrowed.
3. Closing costs typically range from $100 - $150.                                                                                                                                 4. Maximum loan amount $20,000.

Land Loans
Term Rate APR* Payment
8 years 6.00% 6.097% Payment per $1,000 = $13.14
10 years 6.25% 6.330% Payment per $1,000 = $11.23
15 years 6.50% 6.557% Payment per $1,000 = $8.71
Preferred Credit Line
Term Rate Payment
Revolving Prime + 3% 2% of outstanding balance as of last advance, or $35 whichever is greater.
1. There is no minimum initial advance required.
2. There is no minimum Annual Percentage Rate (APR) that may be imposed. The maximum APR that may be imposed is 18%.
3. The APR may increase or decrease monthly. The interest rate will be based on the prime rate as published in the Wall Street Journal (the “Index”) plus three percentage points (3%) (the “Margin”). The interest rate will change whenever the Index changes. Changes in the interest rate will be calculated by taking the Index figure available fifteen (15) days before the first day of the month (the “Change Date”) and adding to it the Margin stated above. This figure rounded to the nearest .25% will be the new interest rate effective until the next Change Date.
Personal
Term Rate APR* Payment
1 year 3.99% 3.99% Payment per $1,000 = $85.15
5 years 7.50% 7.50% Payment per $1,000 = $20.05

1. Max $20,000           

2. Terms up to 7 years available for loans over $10,000

Checking Overdraft Protection
Term Rate APR* Payment
open ended 15.50% 15.50% 2% of outstanding balance, or $35 whichever is greater
1. There is no minimum initial advance required.
2. 15.50% Fixed APR (Annual Percentage Rate). There is no minimum Annual Percentage Rate that may be imposed.
Motorhomes
Term Rate APR* Payment
5 years 5.50% 5.50% Payment per $1,000 = $19.10
10 years 5.95% 5.95% Payment per $1,000 = $11.08
15 years 6.50% 6.50% Payment per $1,000 = $8.71
20 years 6.50% 6.50% Payment per $1,000 = $7.46
Add .50% on Model Years older than 2012
Tractors, Motorcycles, ATVs & Snowmobiles
Term Rate APR* Payment
3 years 5.95% 5.95% Payment per $1,000= $30.40
4 years 5.95% 5.95% Payment per $1,000 = $23.46
5 years 5.95% 5.95% Payment per $1,000 = $19.31
Campers, Travel Trailers & Boats
Term Rate APR* Payment
 5 years  5.50%  5.50%  Payment per $1,000 = $19.10
6-10 years  5.95%  5.95%  Payment per $1,000 = $11.08
Add .50% on Model Years older than 2012
Business Real Estate Loans
Type Term Rate APR*
Fixed Rate 15 years 5.250% 5.370%
5-Year Balloon   5.000% 5.3163%
Line of Credit   Prime + 1%  
Construction Loans   7.00% 1 point required
Business Auto and Pickup Trucks (2011- 2017)
Term Rate APR* Payment
4 years 3.50% 3.50% Payment per $1,000 = $22.36
5 years 3.50% 3.50% Payment per $1,000 = $18.19
6 years 3.99% 3.99% Payment per $1,000 = $15.64
7 years 4.99% 4.99% Payment per $1,000 = $14.13
Business Equipment
Term Rate APR* Payment
5 years 6.00% 6.00% Payment per $1,000 = $19.34
10 years 6.25% 6.25% Payment per $1,000 = $11.23
The term of these loans is based on the useful life of item purchased. This category includes such equipment as: photocopiers, computers, farm equipment, construction equipment, trailers, mechanic's equipment, and wood harvesting equipments.
Business Heavy Equipment  - Group 1**
Term Rate APR* Payment
5 years 4.00% 4.00% Payment per $1,000 = $18.42
10 years 5.00% 5.00% Payment per $1,000 = $10.61
15 years 5.00% 5.00% Payment per $1,000 = $7.91
**The term of these loans is based on the useful life of item purchased. This category includes such equipment as: dump trucks, pulp trucks, wreckers, stake bodies, box trucks and vehicles with a registered vehicle weight of over 18,000 pounds. TERMS OVER 10 YEARS REQUIRE MANAGEMENT APPROVAL
Business Heavy Equipment  - Group 2**
Term Rate APR* Payment
5 years 5.75% 5.75% Payment per $1,000 = $19.22
10 years 6.00% 6.00% Payment per $1,000 = $11.11
15 years 6.25% 6.25% Payment per $1,000 = $8.58
**The term of these loans is based on the useful life of item purchased. This category includes such equipment as: skidders, farm tractors, tractor trailers, bulldozers, back hoes, dump trucks, pulp trucks, wreckers, and vehicles with a registered vehicle weight of over 18,000 pounds. TERMS OVER 10 YEARS REQUIRE MANAGEMENT APPROVAL
Share Pledged Loan Against Regular Share Account
Term Rate APR* Payment
5 years 2.50% 2.50% Payment per $1,000 = $17.75
10 Years 3.75% 3.75% Payment per $1,000 = $10.01
15 Years 4.00% 4.00% Payment per $1,000 = $7.40
Share Pledged Loan Against Money Market Account
Term Rate APR* Payment
5 years 2.75% 2.75% Payment per $1,000 = $17.86
10 years 3.75% 3.75% Payment per $1,000 = $10.01
15 years 4.00% 4.00% Payment per $1,000 = $7.40
Share Pledged Loan Against Certificate
Term Rate APR* Payment
5 years 3.25% 3.25% Payment per $1,000 = $18.08
10 years 3.50% 3.50% Payment per $1,000 = $9.89
15 years 4.00% 4.00% Payment per $1,000 = $7.40

For rates on other types of loans, please contact the Credit Union.
All rates are subject to change without notice.

*Annual Percentage Rate