Federal Credit Union
Loan Rates Effective January 1, 2019
|
Loan Options |
Terms |
APR* |
Min. Loan |
|
Personal (Signature) Loans |
Up to 4 Years |
6.15% |
$500 |
|
New & Used Vehicles |
2-6 Years |
3.40%** |
$500 |
|
RVs & Motorcycles |
2-5 years |
3.40% |
$500 |
|
Boat Loan |
7 Years |
Auto Loan Rate + 5.00% |
$500 |
|
Overdraft Protection Line of Credit |
Revolving |
15.00% |
$500 |
|
Share Certificate Secured |
Up to 120 mos |
Secured Savings Rate + 2% |
$500 |
Rates are subject to change and based on a review of credit history. Other rates may apply.
* APR is Annual Percentage Rate.
** Higher rates apply for terms over 5 years. Vehicle age limits apply.
VISA Credit Card Loan Rates
|
VISA Platinum |
VISA Platinum Rewards |
|
|
Limit |
$25,000 |
$25,000 |
|
Annual Percentage Rate On Purchase |
11.15% Variable |
9.24% Variable |
|
Minimum Payment |
3% of Balance or $25 |
3% of Balance or $25 |
|
Grace Period for Repayment Of Balance of Purchase |
25 days |
25 days |
|
Method of Computing the Balance of Purchases |
Average Daily Balance including current transaction |
Average Daily Balance including current transaction |
|
Annual Fee |
No Annual Fee |
No Annual Fee |
|
Late Fee (10 days after Due Date) |
$25 |
$25 |
|
Balance Transfer Fee |
No Balance Transfer Fee |
No Balance Transfer Fee |
|
Cash Advance Fee |
3% |
|
|
Rewards |
1.5% Cash Back |
Home Equity Lines Of Credit (HELOC)
- Up to 15 year loan term with a 5 year draw period
- The highest Annual Percentage Rate (APR) Could Be 18.00%
- Minimum Loan of $10,000
- Maximum Loan of $200,000
- Typical Closing Costs Are Between $800 - $3,200
|
LOAN TO VALUE |
CURRENT RATE |
MARGIN |
FLOOR |
|
Less than 90% LTV |
4.99% |
WSJ Prime -0.51 |
2.99% |
|
91%-100% LTV |
5.99% |
WSJ Prime +0.49 |
3.99% |
Fixed Rate Second Trust Loans
- Up to 15 year loan term
- Minimum Loan of $10,000
- Maximum Loan of $100,000
- Typical Closing Costs Are Between $800 – $2,000.
|
Second Trust Maximum Loan or LTV (Loan to Value) |
APR* |
|
15 year term, Less than 80% LTV |
5.74% |
|
15 year term, 80% to 90% LTV |
5.74% |
|
15 year term, 90% to 100% LTV |
7.74% |
| 7 year term, Less than 90% LTV | 4.25% |
* Annual Percentage Rate
See Mortgage Page for First Mortgage Rates
