|
Rates and
terms subject to change. Accurate as of May, 2005.
Truth-In-Lending Disclosure
|
Vehicle Loans: (No
down payment if qualified)
|
Terms
|
Annual
Percentage Rate
|
|
2005 and newer
|
up
to 24 months
|
2.99%
|
|
2005 and newer
|
36 months
|
3.99%
|
|
2004 and newer
|
48
to 60 months
|
4.99%
|
|
2000
to 2004 car
|
48 to 60
months
|
5.75%
|
|
2000
to 2004 car
|
up
to48 months
|
4.75%
|
|
2006 Truck or SUV
|
up
to 72 months
|
5.99%
|
|
2000 and newer Truck or SUV
|
up
to 84 months
|
6.99%
|
|
1994 to 1999
|
up
to 48 months
|
6.99%
|
|
1993 & older model year vehicles
(up to 75% of appraised
value)
|
up
to 48 months
|
8.99%
|
|
Recreational Vehicles:
(No down payment if qualified)
|
Terms
|
Annual
Percentage Rate
|
|
Motor
Homes, Travel Trailers, Campers, Snowmobiles, Boats, Motorcycles,
Personal Watercraft, 4-Wheelers
(can be written as a balloon note with a minimum of $10,000)
|
|
|
up
to 60 months
|
5.99%
|
|
|
up
to 60 month balloon
|
5.99%
|
|
New
|
up
to 120 months
|
6.90%
|
|
Used (previously titled)
|
up
to 120 months
|
7.90%
|
Other Personal Property
(Computers,
etc.)
|
Terms
|
Annual
Percentage Rate
|
|
36
months
|
10.25%
|
Heavy
Equipment
|
Terms
|
Annual
Percentage Rate
|
|
36
months
|
14.00%
|
Share
Pledge Loans (May
be written as a balloon note)
|
Terms
|
Annual
Percentage Rate
|
|
up
to 24 months
|
5.00%
|
|
up
to 60 months
|
6.00%
|
Unsecured
Loans/Personal Loans (Limits set by policy)
|
Terms
|
Annual
Percentage Rate
|
|
up
to 24 months
|
12.00%
|
|
up
to 36 months
|
13.00%
|
|
up
to 48 months
|
14.00%
|
|
up
to 60 months
|
15.00%
|
Education Loans
|
Terms
|
Annual
Percentage Rate
|
|
up
to $ 3,500; 24 months
|
10.00%
|
VISAŽ cards
|
Card
|
Terms
|
Annual
Percentage Rate
|
|
VISAŽ
|
up
to $ 10,000; open-end line of credit
|
12.6%
|
|
VISAŽ Share Secured
|
up
to $ 10,000; open-end line of credit
|
7.75%
|
First Mortgages (Limits
set by policy)*
|
Terms
|
Annual
Percentage Rate
|
|
3-year
balloon, 30-year amortization, zero points, 80% LTV
|
3.990%
|
|
5-year
balloon, 30-year amortization, zero points, 80% LTV
|
4.750%
|
|
7-year
balloon, 30-year amortization, zero points, 80% LTV
|
5.250%
|
|
10-year
balloon, 30-year amortization, zero points, 80% LTV
|
5.750%
|
|
Member First Mortgage loan products,
including fixed rate mortgages
|
Current Rates
|
* (member pays closing costs) (rates higher for LTV over 80%)
Second Mortgages/Home Equity Loans (Closed
ended, 1 time draw)
|
Terms
|
Annual
Percentage Rate
|
|
5-year
balloon, 30-year amortization, zero points, 80% LTV
|
6.25%
|
|
7-year
balloon, 30-year amortization, zero points, 80% LTV
|
6.75%
|
|
(member
pays closing costs)
|
Home Equity Lines of Credit (Open
ended)
|
Terms
|
Annual
Percentage Rate
|
|
Prime
rate plus zero, adjusted quarterly, up to 90% LTV
|
4.00%
|
|
(credit
union pays closing costs)
|
Land Loans (Closed
ended)
|
Terms
|
Annual
Percentage Rate
|
|
2-year
balloon, 15-year amortization, zero points, up to 85% LTV
|
6.50%
|
|
(member
pays closing costs)
|
Certificate Pledged
(Closed ended)
|
Terms
|
Annual
Percentage Rate
|
|
not
to exceed CD maturity date; 2% above CD rate
|
minimum
5.00%
|
Overdraft line of credit (Closed
ended)
|
Terms
|
Annual
Percentage Rate
|
|
up
to $2,000; open-end line of credit
|
15.00%
|
|