Personal Loan Rates
|Personal Loans & Lines of Credit||Payment Terms||Annual Percentage Rate||Estimated Payment per $1,000 Borrowed|
|Line of Credit||2% of balance||12.50%||$22.50|
|Overdraft Line of Credit||$65.00/month||17.75%||$65.00|
|Personal Loans||36 mo.||9.00%||$32.03|
|Personal Loans||48 mo.||9.25%||$25.24|
|Personal Loans||60 mo.||9.50%||$21.25|
|Personal Loans||72 mo.
|Share Secured (3-60 Month Term)||Share Rate + 2.00%|
|Certificate Secured^||Certificate Rate + 3.00%|
^ Certificate secured loan rates are 3% above the dividend rate paid on the certificate. The maximum term on a certificate secured loan must be such that the final payment does not exceed the maturity date for the certificate. There is a maximum of 1 loan per certificate and 3 certificate loans per member.
Collection Costs: You agree to pay all costs of collecting the amount you owe under this agreement, including court costs and reasonable attorney fees.
Filing Fees: If you give a security interest in certain types of property, we may charge you a filing fee to protect the property. If so, the amount of the fee will be disclosed to you at the time you obtain an advance.
Late Charges: If a payment is received more than 10 days after its due date, a late fee, equal to the greater of $25.00 or 20% of the interest due, will be assessed.