Rates
Loan Type |
Approximate Term (Months) |
APR* |
Daily Periodic Rate |
Automobile Loans |
New Automobiles |
Rates are based on Credit Reporting Beacon Score |
|
|
Credit Score |
|
|
|
| 725 or above |
|
4.9% |
.013425 |
| 675-724 |
|
4.9% |
.013425 |
| 625-674 |
|
6.9% |
.018904 |
| 600-624 |
|
8.00% |
.021918 |
| 550-599 |
|
13.00% |
.035616 |
| 500-549 |
|
14.00% |
.038356 |
Used Automobiles |
Year Model Listed Below |
|
|
|
| 2009-2010 |
Up to 72 Months |
|
|
| 2006-2008 |
Up to 60 Months |
|
|
| 2004-2005 |
Up to 48 Months |
|
|
| 2002-2003 |
Up to 36 Months |
|
|
Share Secured Loans |
| Up to 60 Months |
|
3.00% |
.008219 |
Motorcycles, Boats and Campers |
| Up to 60 Months |
|
Rates and Terms are the same as New and Used Automobile Loans |
|
Signature Loans |
Credit Score |
|
|
|
| 725 or above |
|
8.00% |
.021918 |
| 675-724 |
|
8.00% |
.021918 |
| 625-674 |
|
9.00% |
.024658 |
| 600-624 |
|
12.00% |
.032877 |
| 550-599 |
|
16.00% |
.043836 |
| 500-549 |
|
18.00% |
.043915 |
| Application Fees: A fee of $10.00 will be charged at the initial advance of your loan to cover the cost of processing the loan. This fee will be imposed every 6 months upon advances. |
| Filing Fee: A lien filing fee will be charged at the time of the advance if the credit union takes a security interest in the collateral. The amount of the filing fee will be disclosed on the loan voucher. |
| Collection: You promise to pay all court cost of collecting the amount you owe under this contract including court cost and reasonable attorney fees. |
Debt Consolidation |
| Up to 36 Months |
Borrower must have a credit score of 675 with no unpaid collections on their credit report |
|
|
Certificate Rates |
Term |
APR** |
| 6 Month |
NOT CURRENTLY IN THE MARKET |
| 12 Month |
NOT CURRENTLY IN THE MARKET |
SHARE DIVIDEND RATES |
Account |
APR*** |
| Christmas Club Accounts |
.50 |
| Savings |
.50 |
*APR = Annual Percentage Rate **APY = Annual Percentage Yield
Fees Schedule
Effective: August 1, 2008
Type |
Fee |
| Money Order Fee |
1.50 Each |
| ATM Replacement Card Fee |
7.50 |
| Account reopening within 6 months of closing |
25.00 |
| NSF Fee Drafts & ACH |
25.00 |
| Overdraft Protection Per Item |
15.00 |
| Stop Payments ACH & Drafts |
25.00 |
| Excessive Withdrawal Fee |
3.00 Each/8 Free withdrawals per month |
| Monthly Service Fee on Draft Accounts |
7.50/ Ages 50+ Free |
| Cashiers Checks |
10.00/Free for members with active accounts |
| Late Payment Fee on Non-Payroll Deducted Loans |
25.00 |
