Rates Effective as of September 12, 2011
APR = Annual Percentage Rate APR may change at any time as determined by the credit union board of directors
|
Account Purpose
|
Age of
Vehicle
|
Repayment
Period
|
APR
|
|
Interest Rates for New and Used Autos, Boats, or Recreational Vehicles are the same!
Maximum term length is dependent upon year model.
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Showroom New '11 - Invoice $12K - maximum term 66 months
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Showroom New '11 - Invoice $15K - maximum term 72 months
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Showroom New '10 - Invoice $15K - maximum term 66 months
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Showroom New '10 - Invoice $20K - maximum term 72 months
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Used '10 - maximum term 60 months
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New/Used '09 - maximum term 60 months
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Used '08 - maximum term 54 months
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Used '07 - maximum term 48 months
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Used '06 - maximum term 42 months
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Older - maximum term 36 months
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High mileage vehicles will be qualified at shorter terms
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Standard advance:
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New - Factory Invoice plus Life, A&H, Warranty, Gap
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Used - NADA Wholesale plus Life, A&H, Warranty, Gap
NOTE: Maximum advance for Life, A&H, Warranty, Gap, not to exceed 20% of Invoice (new) or 20% of NADA wholesale (used)
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|
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New / Used
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12 Mo.
|
2.50 - 12.75
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New / Used
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24 Mo.
|
2.75 - 13.00
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New / Used
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36 Mo.
|
3..00 - 13.25
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New / Used
|
42 Mo.
|
3.00 - 13.50
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New / Used
|
48 Mo.
|
3.00 - 13.50
|
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New / Used
|
54 Mo.
|
3.00 - 13.75
|
|
New / Used
|
60 Mo.
|
3.00 - 13.75
|
|
New
|
66 Mo.
|
3.25 - 14.00
|
|
New
|
72 Mo.
|
3.25 - 14.25
|
|
Account Purpose
|
Age of
Vehicle
|
Repayment
Period
|
APR
|
| Motorcycle |
New Model |
48 Mo. |
11.90 |
| New Model |
36 Mo. |
11.90 |
| 1+ Year Old |
24 Mo. |
14.90 |
|
Account Purpose
|
Age of
Vehicle
|
Repayment
Period
|
APR
|
Share /
Share Certificate |
Deposit Rate Plus 2.0% |
|
Account Purpose
|
Age of
Vehicle
|
Repayment
Period
|
APR
|
| Misc. |
Other Collateral |
36 Mo. |
11.50 - 18.00 |
| Signature |
12-36 Mo. |
8.00 - 17.00 |
|
Account Purpose
|
Age of
Vehicle
|
Repayment
Period
|
APR
|
| Line of Credit |
$500-$10,000 |
|
17.00 |
* Rate discounts are offered to Premier Checking and Preferred Plus Checking members.
** Rate discounts are offered when loans are set up for automatic transfer of payments.
*** Listed annual percentage rates reflect a low to high range based on loan term. Lower rates in each range apply to well qualified applicants. Normal credit criteria apply to all applicants. Credit history is one of the criteria upon which rates are based.