Loan Rates


New Vehicles

Vehicle Year Terms APR* Floor APR* Base
New up to 84 months 5.25% 8.75%
New up to 72 months 4.25% 7.75%
New up to 60 months 3.75% 6.50%
New up to 48 months 3.75% 5.75%

Used Vehicles

Vehicle Year Terms APR* Floor APR* Base
2012-2018 up to 84 months 5.75% 9.00%
  up to 72 months 4.75% 8.00%
  up to 60 months 4.00% 6.75%
2007-2011 up to 84 months 6.00% 10.25%
  up to 72 months 5.00% 9.25%
  up to 60 months 4.25% 9.00%
Older   7.00% 13.75%

New Motorcycle, Boat, RV

Vehicle Year Terms APR* Floor APR* Base
New Up to 144 months 6.25% 10.00%
New Up to 120 months 6.00% 10.00%
New Up to 84 months 5.75% 9.50%
New Up to 72 months 5.25% 9.00%
New Up to 60 months 4.25% 6.50%

Used Motorcycle, Boat, RV

Vehicle Year Terms APR* Floor APR* Base
2012-2018 up to 144 months 5.50% 7.25%
  up to 120 months 6.25% 11.00%
  up to 84 months 6.00% 10.50%
  up to 72 months 5.50% 10.00%
  up to 60 months 5.25% 8.00%
2007-2011 up to 144 months 8.25% 12.00%
  up to 120 months 7.25% 12.00%
  up to 84 months 7.00% 11.50%
  up to 72 months 6.50% 11.00%
  up to 60 months 6.25% 9.00%
Older up to 84 months 9.00% 13.00%
  up to 72 months 8.25% 12.50%
  up to 60 months 7.25 10.00%

Mortgage

HOME EQUITY LINE OF CREDIT

  • Variable Rate tied to Prime Rate (floor of 4.00%)
  • Discount of .50% if credit score is over 700 at approval (floor of 4.00%)
  • Variable rate, may change annually starting January 1st

FIXED RATE 2ND MORTGAGE

  • We offer 5, 10, 15 year term fixed rate 2nd mortgage home loans.  At this time, the rates are between 5.00 and 6.00% APR.
  • Please contact your local branch for the current rate.

Payment Example 1
Payment $10.61 per $1,000 financed for a 120 month term at 5.00% APR*

Payment Example 2
Payment $8.18 per $1,000 financed for a 180 month term at 5.50% APR*

Payment Example 3
Payment $8.45 per $1,000 financed for a 180 month term at 6.00% APR*

*Annual Percentage Rate


Land

  • Up to 10 Year Fixed Land Loans, Rate 6.75%
  • Rural land up to 65% Loan to Value
  • Sub Division up to 85% Loan to Value
  • Maximum acreage 5 acres

Payment Example

Payment $19.69 per $1,000 financed for a 60 month term at 6.75 % APR*


Personal

  • Personal loans are available for a term up to 48 months.
  • Daily Periodic Rate (DPR) Range of: 0.022603% - 0.049315%
  • Annual Percentage Rate (APR) Range of: 8.25% - 18.00%
  • APR base of: 13.25%.

Other

OVERDRAFT LINE OF CREDIT

  • Daily Periodic Range (DPR): 0.049315%
  • Annual Percentage Rate Base is 18.00%

SHARE SECURED LOANS

  • Up to 60 Months
  • Daily Periodic Range (DPR): 0.006027%
  • Annual Percentage Rate Range is 2.20% when secured by Primary Savings.

CERTIFICATE SECURED LOANS – CERTIFICATE SECURED (VARIABLE RATE)

The Annual Percentage Rate (APR) for advances secured by Share Certificate will be equal to the Dividend Rate being paid on the Share Certificates offered as security (Index Value) plus a Margin of 2.00%. The Share Certificate must be continuously renewed until the advance has been completely repaid. Failure to renew will result in a default under this plan. When the Share Certificate is renewed the APR will change to reflect the new Index Value and Margin. Any increase or decrease in the APR will affect the number of payments you will make under the account. Any increase in the APR will result in more payments of the same amount until what you owe has been repaid. The APR and the Daily Periodic Rate (DPR) will be disclosed on the Receipt, Voucher or Disbursement Receipt provided at the time of the advance.


Risk Based Pricing

Effective Date: 6/11/2018

Risk Based Pricing is approved by the Board of Directors.

The base rates and future risk adjustments are proposed to the Board of Directors by the Asset Liability Committee.

The base rates in effect at any given time are listed on the LoanLiner Addendum.

The following percentage increases or decreases are to be applied to the established Base rates according to the credit score. On a joint application , Loan Officers are to use the highest score of the applicants. On applications where no credit score is available- the loan would be priced as if the score was less than 550.

Loan Officers are not permitted to vary from this pricing, unless it is via an approved policy.  All loans subject to credit approval.

At no time will rate be less than 3.75% on new or 4.00% on used vehicles or greater than 18.00%. The floor rate for RV’s, Boats, and Motorcycles will be 5.25%.

Credit Score Rate
< 550 Base Rate + 8.00%
550-599 Base Rate + 6.00%
600-624 Base Rate + 3.00%
625-639 Base Rate + 1.5%
640-689 Base Rate 
690-724 Base Rate - 1.00%
725-749 Base Rate - 2.00%
750-799 Base Rate - 4.00%
800+ Base Rate - 5.00%