LOAN RATES

Rates as of June 24, 2008
NEW AUTOS 2008 - NEW MOTORCYCLES (60 Months Max.) - Never been titled
Term 100% Financed
(0% Down Payment)
90% Financed
(10% Down Payment)
0 - 60 Months 4.69% 4.19%
61 - 72 Months
(72 Mo. must be >$25,000)
6.20% 5.70%
 
USED AUTOS 2005 - 2008 - ( 60 Months Max.<$25,000;  66 Mo. Max.>$25,000 )
USED MOTORCYCLES (48 Months Max.)
Term Trade in Value > Trade in Value
48 Months 5.10% 5.60%
60 Months 5.40% 5.90%
66 Months 6.20% 6.70%
 
USED AUTOS 2002 - 2004  <$25,000
Term 100% Financed
(0% Down Payment)
Trade in Value
0 - 60 Months 7.00% 6.75%
 
USED AUTOS 2001 and Older
Term 100% Financed
(0% Down Payment)
Trade in Value
0 - 36 Months
Maximum Term
8.00% 7.25%
 
MOTOR HOMES, TRAILERS, TRAVEL TRAILERS
Model Years
Amount Financed
Maximum Term
Rate
New 80% 84 mo 7.50%
Used 1-2 yrs Trade-In 84 mo 7.75%
Used 3-4 yrs Trade-In 72 mo 8.25%
Used 5 yrs+ Trade-In 60 mo 8.50%
 
Boats
Model Years
Amount Financed
Maximum Term
Rate
New 80% 60 mo 5.29%
New 0 down   60 mo 7.00%
Used Trade-In 48 mo 8.50%
Used Retail 48 mo 9.00%
       
New> $25,000 additional 20% down 72 mo 7.00%
 
NEW MOBILE HOMES - Minimum of 10% Down Payment
Year Type Max. Amortization 90% Financed
(10% Down Payment)
Adjusts
NEW Variable 180 Months * Prime + 2% Monthly
NEW ** ARM 3 - 1 180 Months * Prime + 3% Monthly
NEW ** ARM 5 - 1 180 Months * Prime + 4% Monthly
 * Current Prime = 5.00%
** Fixed at Prime plus Rate for 3, 5 years & adjusts annually based on prime thereafter.
 
USED MOBILE HOMES 1999 - 2006 ; 1994 - 1998
Year Type Max. Amortization 90% Financed
(10% Down Payment)
Adjusts
1999 - 2006 Variable 180 Months * Prime + 3% Monthly
1999 - 2006 ** ARM 3 - 1 180 Months * Prime + 4% Monthly
1999 - 2006 ** ARM 5 - 1 180 Months * Prime + 5% Monthly
1994 - 1998 Variable 120 Months * Prime + 4% Monthly
1994 - 1998 ** ARM 3 - 1 120 Months * Prime + 5% Monthly
1994 - 1998 ** ARM 5 - 1 120 Months * Prime + 6% Monthly
 * Current Prime = 5.00%
** Fixed at Prime plus Rate for 3, 5 years & adjusts annually based on prime thereafter.
 
NEW CONSUMER GOODS (Fold-Downs, Lawn Tractors, Computer, etc.)
Term 80% Financed
(20% Down Payment)
100% Financed
(0% Down Payment)
0 - 36 Months 5.75% 5.75%
48 Months 8.00% 9.00%
 
USED CONSUMER GOODS (Fold-Downs, Lawn Tractors, Computers, etc.)
Term 12 Month 24 Month 36 Month 48 Month
USED 8.0% 9.0% 10.0% N/A
 
BUSINESS PURPOSE >$50,000 (New or Qualified Used)
Term 36 Month 60 Month
RATE * Prime (6% Floor) * Prime (7% Floor)
* Current Prime = 5.00%
 
SHARE SECURED & CD SECURED (Share Secured 12 Month Max.)
RATE 2.00% over Dividend Rate (4% Floor)
 
STOCK SECURED (48 Month Max.)
Type Rate
75% of Market Value 9.00%
 
HOME EQUITY
Type Rate Adjusts Monthly
Open-End Variable < 85%
86 - 90%
91 - 99%
5.00%
5.50%
6.50%
* Prime
* Prime + .5%
* Prime + 1.5%

** ARM 3-1  < 85%
Ex. Pay $158.19/month on $20,000 borrowed at 5.00% APR

5.00% * Prime
** ARM 5-1  < 85%
Ex. Pay $160.81/month on $20,000 borrowed at 5.25% APR
5.25% * Prime + .25%
** ARM 7-1  < 85%
Ex. Pay $166.12/month on $20,000 borrowed at 5.75% APR
5.75%

* Prime + .75%

Closed-End / FIXED
0-60 Mo. Amortization
Ex. Pay $377.34/month on $20,000 borrowed at 4.99% APR for a 5 year term
4.99% N/A

Closed-End/Fixed
61-180 Mo. Amortization
Ex. Pay $163.32/month on
$20,000 borrowed at 5.49%
APR for a 15 year term

5.49% N/A
 * Current Prime = 5.00%   Maximum of 21% APR.
** ARM's:  Fixed rate and payment for 3, 5, or 7 years.  Rate and payment adjusts annually based on prime thereafter up to 15 years.  Payment examples above do not include estimates for Credit Life or Credit Disability Insurance Protection.
*** Estimated closing costs to obtain a Home Equity Line of Credit can run anywhere from $150.00 - $500.00 +/-.  This includes but is not limited to appraisal fees, lien searches, flood determinations and recording fees.
**** $50.00 minimum payment on all Home Equity Loans.
 
UNSECURED LOANS / OPEN-END LOANS
Term Rate
12 Months 10.00%
24 Months 10.00%
36 Months 10.00%
48 Months 15.00%
 
MORTGAGE LOANS
Please Contact us for the Current Rate!
 
Rates listed are Annual Percentage Rates.
*** Rates based on qualifying credit.  Rates subject to change.
Please feel free to call or e-mail one of the credit union personnel for more information.
RATES
Savings Rates
Loan Rates
Rates
9 Month CD
$1,000 min 2.90% APY
18 Month CD
$1,000 min 3.20% APY
27 Month CD
$1,000 min N/A
42 Month CD
$1,000 min 3.60% APY
 
Click HERE for additional Deposit Rates!
 
New Auto
4.19% APR
Used Auto
5.10% APR
Home Equity Loan
4.99% APR
 
Click HERE for all Loan Rates!

Effective May 1, 2008

$5.00 par value membership will increase to $25.00.

What does that mean to you?


Membership accounts (ages 16 and older) need to maintain a $25 minimum balance.