| Rates are provided for information purposes
only and are subject to change. In all cases, the current rates
as established by the Board of Directors and disclosed on the Addendum
will take precedence over any rates disclosed on this website.
The Annual Percentage Rates and corresponding daily periodic
rates for each loan sub-account are shown below. Other charges that may be imposed
are also shown below (i.e., late charges, filing fees, collection costs).
The amount and
due date of payments will be determined at the time of each advance and disclosed on the
Advance Request Voucher. (Effective 04/07/2008) |
| Loan Sub-account Description |
Approx. Term
|
Daily Periodic Rate |
ANNUAL PERCENTAGE RATE |
| Signature |
18 MO |
0.03014%-0.04247% |
11.00%-15.50% |
| Signature |
36 MO |
0.03288%-0.04521% |
12.00%-16.50% |
| Share Secured |
30 MO
60 MO |
0.01192%
0.01301% |
4.35%
4.75% |
New Vehicles
> $20,000 |
36 MO
48 MO
60 MO
72 MO |
0.01367%-0.02600%
0.01397%-0.02630%
0.01438%-0.02671%
0.01712%-0.02945% |
4.99%-9.49%
5.10%-9.60%
5.25%-9.75%
6.25%-10.75% |
|
|
Used Vehicles
1 to 4
years
5 to 7 years
# 8 to 9 years |
36 MO
48 MO
60 MO
48 MO
36 MO |
0.01367%-0.02600%
0.01397%-0.02630%
0.01438%-0.02671%
0.01438%-0.02671%
0.02397%-0.03630% |
4.99%-9.49%
5.10%-9.60%
5.25%-9.75%
5.25%-9.75%
8.75%-13.25% |
RV's Campers, Boats, On-Road Motorcycles
New
New > $20,000
Used |
66 MO
72 MO
60 MO |
0.01616%-0.02849%
0.01781%-0.03014%
0.01616%-0.02849% |
5.90%-10.40%
6.50%-11.00%
5.90%-10.40% |
Off-Road Motorcycles, ATV's, Snowmobiles, Jet Skis
New
Used |
48 MO
36 MO |
0.01986%-0.02849%
0.01986%-0.03219% |
7.25%-11.75%
7.25%-11.75% |
| Other Secured |
|
0.02712%-0.03945% |
9.90%-14.40% |
|
#--applies to vehicles of EXCEPTIONAL value as determined by
the Credit Union's Credit Committee. Visual inspection may be required.
|
| For all loan types except share secured,
your rate will be based on your credit worthiness and will be within
the ranges disclosed above.
DISCOUNT: If you have a $1,000 balance in your share
account and agree to maintain at least a $1,000 balance in your share account until the
loan is paid in full OR if you make payments via an acceptable
payroll deduction program, you may be eligible for an additional 0.5% discount
on your loan's ANNUAL
PERCENTAGE RATE. Failure to maintain the required balance or maintain loan
payments by automatic payroll deduction as agreed may result in an upward adjustment of
the ANNUAL PERCENTAGE RATE. In such cases, the ANNUAL
PERCENTAGE RATE will revert to the original undiscounted ANNUAL
PERCENTAGE RATE applicable for each type loan.
|
COLLECTION COSTS: You promise to pay all costs of
collecting the amount you owe under a Loan Agreement including a collection agency fee of
up to 50% of any balance due, court costs and reasonable attorney fees
LATE CHARGES: if you are 10 days or more late in making your loan
payment, you will be charged a late fee equal to 5% of the monthly loan payment or $15.00, whichever is greater. |
| FILING FEE: You will pay the filing fee costs in
connection with any advance given under this agreement. |
| Call for more
information. |
