Consumer Loan Rates
Effective: 3/25/2024
SECURED LOANS
| Score | Grade of Paper | 24 Months APR* | 36 Months APR* | 48 Months APR* | 60 Months APR* | 72 Months APR* | 84 Months APR* |
|---|---|---|---|---|---|---|---|
| 730 + | Platinum | 4.75% | 4.75% | 5.00% | 5.00% | 5.50% | 6.25% |
| 680 – 729 | A | 4.75% | 4.75% | 5.25% | 5.25% | 5.75% | 6.50% |
| 640 – 679 | B | 5.00% | 5.00% | 5.50% | 5.50% | 6.00% | 6.75% |
| 600 – 639 | C | 6.25% | 6.25% | 6.50% | 6.50% | 7.00% | 7.75% |
| 550 - 599 | D | 9.00% | 9.25% | 9.50% | 9.50% | 9.50% | 10.50% |
| 549 or less | E | 10.75% | 10.75% | 10.75% | 10.75% | 10.75% | 10.75% |
New & Used Vehicles, Recreational Vehicles including ATV’s, Boats, Motorcycles, Motor Homes, Campers, Travel Trailers, Antique Cars, and Farm Equipment
Motor Homes & Farm Equipment are eligible for terms up to 10 years at 100% of sticker price or NADA Book Value. The interest rate will increase by 0.25% for each year after the stated rate for 84 months.
May receive a 0.25% discount if loan payment is payroll deduction or autopay.
UNSECURED LOANS
| Score | Grade of Paper | APR* |
|---|---|---|
| 730 + | Platinum | 10.25% |
| 680 – 729 | A | 11.25% |
| 640 – 679 | B | 12.25% |
| 600 – 639 | C | 13.25% |
| 550 – 599 | D | 16.75% |
| 549 or less | E | 17.50% |
Personal Loans, Home Improvement Loans, Consolidation Loans up to 60 Months may receive a 0.25% discount if loan payment is payroll deduction or autopay.
MOBILE HOME LOANS
| Score | Grade of Paper | APR* |
|---|---|---|
| 730 + | Platinum | 8.25% |
| 680 – 729 | A | 9.25% |
| 640 – 679 | B | 10.25% |
| 600 – 639 | C | 11.25% |
| 550 – 599 | D | 13.00% |
| 549 or less | E | 15.00% |
Single/Double Wide, Manufactured Homes Up to 180 Months No Down-Payment is required on Single-Wide Mobile Homes.
Down Payments on Double Wides/Manufactured Homes: We will loan up to 95% of the sticker price or NADA value, if the member owns the land. We will loan up to 90% of the sticker price or NADA value, if the member does not own the land.
OTHER LOAN TYPES
| Loan Type | Details | APR* |
|---|---|---|
| Share Secured Loans | Secured by Certificate – 2.00% above CD rate | 2.00% |
| Education Loans | Maximum per Household $15,000.00 Proof of Enrollment or Proof of Student Loan Debt |
5.00% |
| Business Purpose Loans | Maximum Repayment – 10 Years Up to $50,000.00 |
7.00% |
| Long Reach MasterCard Credit Card | Maximum Amt. $10,000.00 | 10.90% |
| Demand 90 Day Note | Maximum Amt. $1,000.00 | 9.90% |
