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Loan Rates
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Rates effective as of April 1st, 2008.
Rates are subject to change. Please check with your local branch. **Actual rates based on credit criteria.** |
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Loan Programs
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Terms
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APR*
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NEW CAR/TRUCK Less than 6k miles
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20% Down
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36 Months
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5.00%
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20% Down
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48 Months
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5.25%
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20% Down
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60 Months
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5.50%
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20% Down - over $25,000
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72 Months
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5.75%
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10% Down
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36 Months
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5.25%
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10% Down
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48 Months
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5.50%
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10% Down
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60 Months
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5.75%
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10% Down - over $25,000
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72 Months
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6.00%
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0% Down (100% Financing)
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36 Months
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5.50%
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0% Down
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48 Months
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5.75%
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0% Down
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60 Months
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6.00%
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0% Down - (10% may be required over $25,000.00)
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72 Months
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6.25%
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USED CAR/TRUCK*
NADA Wholesale Value or Less - Auto Exam required on all non-certified used autos
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20% Down
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up to 60 months
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5.50%
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10% Down
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up to 60 months
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5.75%
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0% Down (100% Financing)
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up to 60 months
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6.00%
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| *Actual terms will depend on the year of vehicle. |
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SECURED LOANS
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Share Secured (minimal pay)
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2.50% (Index)
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CD Secured (minimal pay)
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3.00% (Index)
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UNSECURED LOANS
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Signature $500 and up
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up to 48 months
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10.75%
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NEW BOAT/RV/TRAILER
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20% Down
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36 Months
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6.00%
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20% Down
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48 Months
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6.25%
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20% Down
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60 Months
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6.50%
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20% Down - over $25,000
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72 Months
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6.75%
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10% Down
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36 Months
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6.25%
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10% Down
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48 Months
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6.50%
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10% Down
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60 Months
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6.75%
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10% Down - over $25,000
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72 Months
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7.00%
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0% Down (100% Financing)
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36 Months
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6.50%
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0% Down
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48 Months
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6.75%
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0% Down
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60 Months
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7.00%
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0% Down (10% may be required if over $25,000)
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72 Months
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7.25%
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| USED BOAT/RV/TRAILER |
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20% Down
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60 Months |
6.50% |
| 10% Down |
60 Months |
6.75% |
0% Down (100% Financing)
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60 Months |
7.00% |
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| Line of Credit |
Payment: 3% of Limit |
10.75% |
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MasterCard
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Payment: 3% of balance or $18 whichever is greater
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9.9% - 17.9%
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VISA
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Payment: 3% of balance or $18 whichever is greater
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9.9% - 17.9%
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This addendum is incorporated into and becomes part of your LOANLINER Credit Agreement. Please keep this attached to your LOANLINER Credit Agreement.
Skip Payments: You may omit making payments during June and December of each year if approved. However, finance charges (interest) will continue to accrue during these months.
Collection Costs: You promise to pay all costs of collecting the amount you owe under this agreement including court costs and reasonable attorney fees.
Late Fees: A late charge of 5% of the finance charges due, with a minimum if $15.00 not to exceed a maximum of $25.00, will be applied to your loan once the loan is 10 or more days delinquent.
The Annual Percentage Rate (APR) for certificate secured advances will be the dividend rate being paid on the Certificate offered as security plus the index shown above. The loan payoff date must not exceed the Certificate maturity date. The current ANNUAL PERCENTAGE RATE will be disclosed at the time of the advance.
Minimum Payment: The payment on your Line of Credit Loan/Overdraft will be 3% of the outstanding balance at the time of the advance.
Employment Verification: A charge of $11.50 may be passed on to the member for employment verification.
We may report information about your loan and deposit accounts to credit bureaus. Late payments, missed payments or other defaults on your accounts may be reflected in your credit report.
*APR = annual percentage rate
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