Current Rates




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Share/Savings Rates

How members’ dividends are calculated
Dividends are calculated by the average daily balance method which applies to a periodic rate to the average daily balance in the account for that period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. Dividends begin to accrue on the business day you deposit cash and non-cash items. If you close you account before dividends are credited, you will not receive accrued dividends.

Dividend rates are determined by the Board of Directors at the close of each quarter’s business and are subject to change.

Please call the credit union for the most recent posted dividend rate.


Loans Offered

The following loan types, categories, rates, terms and fees have been amended by the Board of Directors and this loan policy is effective May 16, 2013.

Automobile Loans

Category I
The credit union will offer 100% financing of the negotiated purchase price for vehicles with less than 35,001 miles with the following loan rates:
 
4.90% APR*
36 months
  
5.50% APR*
48 months
  
6.00% APR*
60 months
Category II
The credit union will offer financing of the negotiated purchase price on vehicles with mileage between miles and miles with the following loan rates and terms applied:
  
   
   
Category III
Any vehicles with mileage exceeding 35,000 miles will be financed at NADA Wholesale Value for the following rates and terms:
   
8.00% APR*
24 months
  
8.50% APR*
36 months
 
9.00% APR*
48 months
  
APR* is the Annual Percentage Rate.

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Motorcycles/ATV's

NEW
New motorcycles are financed at 100% of negotiated purchase price for the following rate and term:
 
6.90% APR*
60 months
USED
Used motorcycles are financed at 80% of the negotiated purchase price for the following rate and term:
  
7.50% APR*
36 months
   
8.00% APR*
48 months
ATV's - New titled All-Terrain Vehicles will be financed at 100% of the negotiated purchase price.
UP TO $10,000
8.90% APR* UP TO 60 MONTHS
USED UP TO $8,000 12.00%APR* UP TO 60 MONTHS
(USED: 3YRS OR NEWER
  
APR* is the Annual Percentage Rate.

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Signature

    
The credit union will offer unsecured (signature) loans at a rate of 18.00% APR* Effective Nov. 1 2009 and terms based on length of employment and at least (1) one year of continuous employment:
1-2 years
Max $1500
24 months
Over 2 years
Max $2500
36 months
  
APR* is the Annual Percentage Rate.

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Farm Tractors

NEW
New farm tractors will be financed at 100% of negotiated purchase price with a maximum loan amount of $75,000. Rate and term is as follows:
 
10.50% APR*
48 months
 
11.00% APR*
84 months
USED
Used farm tractors will be financed at 90% of negotiated purchase price with a maximum loan amount of $50,000 for the following rates and terms:
Up to $20,000
11.25% APR*
48 months
Over $20,000
11.50% APR*
84 months
  
APR* is the Annual Percentage Rate.

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Horse Trailer/ Slant Load

NEW
Minimum loan amount : $20,000 . Rate and term is as follows:
 
8% APR*
84 months
USED
Minimum loan amount of $12,000 . Rate and term is as follows:
$12,000 - $25,000
8.75% APR*
60 months
$25,000
8.75% APR*
84 months
  
APR* is the Annual Percentage Rate.

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RECREATIONAL VEHICLES(RV”S)

NEW
New RV’s will be financed at 100% of the negotiated purchase price with a maximum loan amount of $75,000 for the following rates and terms:
 
8.75% APR*
84 months
 
USED
Used RV’S will be financed at 90% of negotiated purchase price with a maximum loan amount of $50,000 for the following rates and terms:
Up to $20,000
11.25% APR*
48 months
Over $20,000
11.50% APR*
84 months
  
APR* is the Annual Percentage Rate.

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Real Estate

    
1st mortgage home loans will be financed at 90% of appraised value with a maximum loan amount of $250,000 effective 5/29/07 for the following rates and terms:
  
5.75% APR*
15 year term
  
6.00% APR*
30 year term
 
  
APR* is the Annual Percentage Rate.

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Property Loans

    
1st mortgage land loans will be financed at 75% of appraised value with a maximum loan amount of $75,000 for the following rate and term:
 
6.75% APR* up to 10 yr term
7.50%APR* 12 yr term
  
8.25% APR*
15 year term
  
APR* is the Annual Percentage Rate.

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Share Secured Loans

    
Loans secured by shares on deposit shall bear an interest rate of 5.00% for a period of three (3) months to five (5) years (60 months).
  
APR* is the Annual Percentage Rate.

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“This credit union is federally insured by the National Credit Union Administration.”