| Effective: May 01, 2012 All Rates Subject to Change |
  |
Consumer Loan Rates |
| * REFINANCING OF CURRENT MWCFCU LOANS NOT AVAILABLE FOR LOWER RATES * |
|
New Auto (Years 2011-2012) |
| Term |
Rate Type |
APR** |
Maximum Amount |
LTV |
| Direct Deposit or Auto Pay Up to 72 Months |
Fixed |
3.00% |
$50,000.00 |
100% |
| Direct Deposit Payment per $1000.00 for 72 months $15.20 |
| Over Counter Payment Up to 72 Months |
Fixed |
3.25% |
|
|
| Over Counter Payment per $1000.00 for 72 months $15.31 |
| (Vendor Single Interest Insurance fee of $75.00 required for all auto loans) |
| Refinancing of Current Credit Union Loans not available for lower rates |
| (Registry lien fees may apply on refinances) |
Used Auto (Years 2008-2010) |
| Term |
Rate Type |
APR** |
Maximum Amount |
LTV |
| Direct Deposit or Auto Pay Up to 72 Months |
Fixed |
3.25% |
$50,000.00 |
100% |
| Direct Deposit Payment per $1000.00 for 72 months $15.31 |
| Over Counter Payment Up to 72 Months |
Fixed |
3.50% |
$50,000.00 |
|
| Over Counter Payment per $1000.00 for 72 months $15.43 |
| Refinancing of Current Credit Union Loans not available for lower rates |
| (Vendor Single Interest Insurance fee of $75.00 required for all auto loans) |
Used Auto (2005-2007) |
| Term |
Rate Type |
APR** |
Maximum Amount |
LTV |
| Direct Deposit or Auto Pay Up to 48 Months |
Fixed |
4.25% |
$50,000.00 |
80% |
| Direct Deposit payment per $1000.00 for 48 months $22.70 |
| Over Counter Payment Up to 48 Months |
Fixed |
4.50% |
|
|
| Over Counter Payment per $1000.00 for 48 months $22.81 |
| Refinancing of Current Credit Union Loans not available for lower rates |
| Vendor Single Interest Insurance fee of $ 75.00 required for all collateral loans |
| (Registry lien fees may apply for refinances) |
Used Auto ( 2002-2004) |
| Term |
Rate Type |
APR** |
Maximum Amount |
LTV |
| Direct Deposit or Auto Pay Up to 48 Months |
Fixed |
6.25% |
|
|
| Estimated Payment per $1000.00 for 48 months $23.60 |
| Over Counter Payment Up to 48 Months |
Fixed |
6.50% |
|
|
| Estimated Payment per $1000.00 for 48 months $23.72 |
| *Older than 2002 considered other collateral |
| Refinancing of Current Credit Union Loans not available for lower rates |
Motorcycle Loan |
| Term |
Rate Type |
APR** |
LTV |
|
| Up to 72 Months for years 2008-2012 |
Fixed |
7.00% |
100% |
|
| Estimated Payment per $1000.00 for 72 months $17.05 |
| *6.75% If Direct Deposit Payroll Payment; Estimated Payment per $1000.00 is $16.94 |
| Up to 48 Months for years 2002-2007 |
Fixed |
7.00% |
80% |
|
| Estimated Payment per $1000.00 for 48 months $23.95 |
| *6.75% If Direct Deposit Payroll Payment; Estimated Payment per $1000.00 is $23.84 |
| (Vendor Single Interest Insurance fee of $75.00 required for all collateral loans). |
| (Registry lien fees may apply for refinances) |
|
Other Collateral Loan (Includes Used Autos, Trucks, & Motorcycles older than 2002: Boats, Trailers, Recreational Vehicles) |
| Term |
Rate Type |
APR** |
Maximum |
|
| Up to 72 months depending on age of collateral |
Fixed |
10.00% |
$50,000.00 |
|
| (Maximum Term and LTV varies with amount of loan and age of collateral; see loan department for details) |
| (Vendor Single Interest Insurance fee of $75.00 required for all collateral loans) (Registry lien fees may apply for refinances) |
| *9.75% If Direct Deposit Payroll Payment. Terms and Conditions apply. See loan department for details. |
| (Registry lien fees may apply for refinances) |
Share or Certificate Secured Loan |
| Term |
Rate Type |
Margin |
Maximum Amount |
|
| Up to 120 Months |
Variable |
2.50% over Share or Certificate Rate |
90% of Account Balance |
|
| (Variable rate may adjust when Share or CD rates change) |
Unsecured Loan (Personal) Minimum amount of $750.00 required at application |
| Term |
Rate Type |
APR** |
Maximum Amount |
|
| Up to 60 Months |
Fixed |
11.99% |
$7000.00 |
|
| Estimated payment per $1000.00 for 60 months $22.26 |
| *11.74% If Direct Deposit Payroll Payment; Estimated Payment per $1000.00 is $22.12 |
|
Credit Card - Visa and Master Card |
| Term |
Rate Type |
APR** |
Maximum Amount |
|
| N/A |
Fixed |
7.99% |
$10000.00 |
|
| *NEW DEBT PROTECTION COVERAGE AVAILABLE ON ALL CONSUMER LOANS AND FIXED EQUITY LOANS; SEE LOAN DEPARTMENT FOR QUOTES AND DETAILS* |
|
Equity Loan Rates |
| * REFINANCING OF CURRENT MWCFCU LOANS NOT AVAILABLE FOR LOWER RATE, MUST ADD MINIMUM OF $20,000 AT TIME OF APPLICATION |
Fixed Rate Equity Loan ($20,000.00 to $250,000.00) |
| Term |
Rate Type |
APR** |
Loan to Value 80% |
|
| Direct Deposit and Autopay required |
| Up to 60 Months |
Fixed |
4.00% |
*Estimated Payments Per $1000 is $18.42/Month based on 60 Months |
|
| Over the Counter Payments, No Direct Deposit |
| Up to 60 Months |
Fixed |
4.25% |
*Estimated Payment Per $1000.00 is $18.53/Month Based on 60 Months |
|
| Direct Deposit and Autopay required |
| 61 Months to 120 Months |
Fixed |
4.25% |
*Estimated Payment Per $1000 is $10.25/Month Based on 120 Months |
|
| Over the Counter Payments, No Direct Deposit |
| 61 Months to 120 Months |
Fixed |
4.50% |
*Estimated Payments Per $1000.00 is $10.37/Month Based on 120 Months |
|
| Direct Deposit and Autopay required |
| 121 Months to 180 Months |
Fixed |
4.50% |
*Estimated Payments Per $1000.00 is $7.66/Month Based on 180 Months |
|
| Over the Counter Payments, No Direct Deposit |
| 121 Months to 180 Months |
Fixed |
4.75% |
*Estimated Payments Per $1000.00 is $7.88/Month Based on 180 Months |
|
| (NO CREDIT UNION CLOSING COSTS; ALL RECORDING FEES WAIVED FOR A LIMITED TIME) |
Home Equity Line of Credit ($20,000.00 to $125,000.00) Minimum initial advance of $15,000 required |
| Term |
Rate |
Loan to Value 80% |
|
|
| Up to 180 Months |
Variable |
Prime plus .25% |
Payment Per $1000.00 Based on Current Rate of 3.50% for 180 Mos. $7.16 |
|
| Up to 180 Months |
Variable |
Prime plus .50% |
Payment Per $1000.00 Based on Current Rate of 3.75% for 180 Mos. $7.28 |
|
| (New Equity Line Rates may adjust Semi-Annually on June 30 & December 31) Floor on all Equity Lines is 3.50% for autopay and 3.75% for other payment options; Ceiling is 16% |
| *No Credit Union closing costs or fees on Fixed Equities and Home Equity Lines of Credit; Borrowers pay mortgage recording fees of $175.00 and other fees may apply, including, but not limited to discharge of mortgages, homestead recordings, trust recordings, and appraisals if necessary) * See loan department for details |
