Loan Rates

New Vehicle

Rate Name Term APR
New Vehicle 72 Months 5.50%
This Vehicle Loan Rate applies to new untitled vehicles. Minimum amount financed of $20,000.00
New Vehicle 60 Months 3.49%
This Vehicle Loan Rate applies to vehicles 2013 or newer.
New Vehicle 48 Months 3.49%
This Vehicle Loan Rate applies to vehicles 2013 or newer.

Used Vehicle

Rate Name Term APR
Used Vehicles 48 Months 6.00%
80% Financing available to qualified members. Rate applies to vehicles 2006-2012.
Used Vehicles 60 Months 7.00%
80% Financing available to qualified members. Rate applies to vehicles 2006-2012.
Used Vehicles 48 Months 8.00%
Maximumloan 80% of value. Rate applies to vehicles 2005 or older.
Used Vehicles 36 Months 8.00%
Maximum loan 80% of value. Rate applies to vehicles 2005 or older.

Recreational Vehicles

Rate Name Term APR
New Recreational Vehicle       2013 or Newer 36-60 Months 5.00%
 
Recreational Vehicle 2009-2012 36-48 Months 7.00%
2008 and older                                    36-48 Months                     8.00%

 

Personal

Rate Name Term APR
Personal 48 Months 9.00%
Maximum loan amount $5000.00.

 

APR is the Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly). APY (Annual Percentage Yield) is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years.