|
VISA LOANS
|
Cash advances and transfers
|
18% |
Purchases
|
15% |
Open-end loans($5,000 Maximum)
|
18% |
Closed-end unsecured ($10,000 Maximum) with compensating Balance pledged. Amount of compensating balance listed on Compensating balance sheet attached.
|
10.9% |
Loans 100% secured by Certificate/Certificate rate plus
|
3% |
Loans partially secured by certificate (No maximum on secured
Portion, $10,000 maximum unsecured) rate to be average of secured
And unsecured rate according to amount of each to nearest ½%.
|
|
Loans partially secured and partially unsecured, the unsecured portion
Not to exceed $10,000 and the rate to be the average of the two rates
Rounded to the nearest ½%.
|
|
Loans secured partially by certificate and partially by other collateral,
The average of the two rates rounded to the nearest ½%. |
MOTOR VEHICLE LOANS |
|
All loans secured by 1st lien on title
|
|
New Titled Vehicles and Vessels
|
10% down, up to 48 months
|
5.9% |
10% down, 60 months
|
5.9% |
100% financing available to qualified buyers
|
6.5% for 72 months
6.9% for 84 months
|
Used Titled Vehicles and Vessels
|
20% down, up to 48 months
|
5.9% |
| 20% down, 60 months |
5.9% |
100% financing available to qualified buyers
|
| All non-titled vessels (snowmobiles, trailers, seadoos,etc) lien perfection via UCC-1 |
10.9% |
REAL ESTATE LOANS |
| 60 Months – Member to pay all fees and expenses |
8.5% |
EQUIPMENT LOANS |
90% Financing up to 48 months
|
8.25% |
| 90% Financing 60 months |
8.75% |
- All Rates are annual precentage rates (APR) |
