Loan Rates
Effective June 21, 2023
First Mortgages
| First Mortgages | Click Below for Today's Rates |
Home Equity Line of Credit
| APR* as low as | ||||
| Home Equity Line of Credit (HELOC) | Up to 90% of Value (up to $400,000) | Wall Street Prime Rate |
*APR = Annual Percentage Rate. This is a variable rate and is adjusted semi-annually, plus, (i) applies to (LTV) ratio of 90% for primary residence and non-owner occupied residences, (ii) in no event will the APR be less than 4.00% and no more than 18.00%. View the current WSJ U.S. Prime Rate.
Fixed Rate 2nd Mortgage
| APR* as low as | ||||
| 5 years $10,000 up to $100,000 | 7.50% | |||
| 10 years $50,000 up to $250,000 | 8.50% | |||
| 15 years $150,000 up to $400,000 | 9.50% |
*APR = Annual Percentage Rate. All rates subject to change without notice. Loan rates are based and priced according to members' individual credit ratings. Loan amount request cannot exceed $400,000.
Unsecured Loans
| APR* as low as | ||||
| Summer Personal Loan Special** | 8.99% | |||
| Personal Loans | 10.99% | |||
| Overdraft Protection | 12.99% |
*APR = Annual Percentage Rate. All rates subject to change without notice. Loan rates are based and priced according to members' individual credit ratings. Payment example: Monthly payments may be approximately $327.34 for 36 payments at 10.99% APR on a borrowed amount of $10,000.
**Summer Personal Loan Special is a limited time offer. Offer ends September 30, 2023.
Secured Loans
| APR* | Term | |||
| Share Secured Loan** | 100% of Shares | 2% above index | 10 years | |
| Certificate Secured Loan** | 100% of Certificate Value | 2% above index | 10 years |
*APR = Annual Percentage Rate. All rates subject to change without notice.
**The annual percentage rate for a Share and Certificate Secured advance will be 2% above the dividend rate paid on the shares.
Vehicle Loans
| Approx Term | APR* as low as | |||
| Summer Vehicle Loan Special*** | Up to 72 Months | 3.74% | ||
| New Vehicles | Up to 60 Months | 4.74% | ||
| 61 to 72 months** | 5.74% | |||
| 73 to 84 Months** | 7.49% | |||
| Used Vehicles | Up to 60 Months | 5.74% | ||
| 61 to 72 months** | 6.74% | |||
| 73 to 84 Months** | 8.49% | |||
| New and Used Boats/RV/ATV | Up to 60 Months | 6.49% | ||
| Up to 84 Months (Over $10,000) | 7.75% |
*APR = Annual Percentage Rate. Rates are determined by overall creditworthiness and other qualifications. Not all applicants will qualify for the lowest rate. Estimated payment for a New Auto Loan is $375.05 for $20,000 financed for 60 months at 4.74%. Payments may vary based on the rate and term you qualify for. Certain restrictions may apply. Rates subject to change based on several factors including, new or used, promotions, discounts, loan term, and other stipulations. Your lending processor can talk with you about all your options.
**61-72 month financing available for automobiles over $20,000 and 73-84 month financing for automobiles over $30,000.
***Summer Vehicle Loan Special is a limited time offer. Offer ends September 30, 2023. Approved applicants will receive $100.
