Loan Rates

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Whether your financial needs are large or small, our loan officers stand ready to serve you. Your application will receive personal consideration towards your loan request. We offer loan applications by phone and competitive interest rates.

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Risk Based Lending Program for Consumer Loans, not VISA, real estate or shared secured loans. A particular member’s rate may vary from this schedule depending on credit score. All loan interest rate questions should be referred to the Loan Department.

Loan Rates Effective 07/01/10
New Car/Truck
 
Type of Loan
Terms
A.P.R *
2011-2010 Up to 60 Months 2.99%*
61-66 Months
3.24%
67-72 Months 3.49%*
(72 Months available only for loans $20,000 or greater)
Used Car/Truck
Type of Loan
Terms
A.P.R *
2009-2006
Up to 48 Months
3.99%
 
49-60 Months
4.15%
 
61-66 Months
4.40%
 
67-72 Months
4.65%
(72 Months available only for loans $20,000 or greater)
2005-2000
Up to 36 Months
4.90%
 
37-48 Months
5.15%
 
49-60 Months
5.40%
Vehicles older than 2000 (other than classic vehicles), please add 3.0% to the 2005-2000 rates
New Boat/RV
Type of Loan
Terms
A.P.R *
2011 – 2010
Up to 60 Months
5.74%
61-72 Months
5.99%
73-84 Months
6.24%
 
(84 Months available only for loans $30,000 or greater)
Used Boat/RV
Type of Loan
Terms
A.P.R *
2009-2006
Up to 60 Months
6.49%
61-72 Months
6.74%
   
73-84 Months Max.
7.99%
 
(84 Months available only for loans $30,000 or greater)
 
2005 – 2000
Up to 60 Months
7.24%
   
61-72 Months
7.49%
 
For boats/RVs older than 2000, please add 3.0% to the 2005-2000 rate
New Motorcycle
Type of Loan
Terms
A.P.R *
2011 – 2010
Up to 36 Months
4.99%
37-48 Months
5.24%
49-60 Months
5.49%
61-66 Months
5.74%
(Includes ATV's, Personal Watercrafts)
Used Motorcycle
Type of Loan
Terms
A.P.R *
2009 – 2006
Up to 36 Months
5.99%
 
37-48 Months
6.24%
 
49-60 Months
6.49%
 
61-66 Months
6.74%
For motorcycles older than 2000, please add 3.0% to 2005-2000 rate
*These rates are also to be used for ATVs, UTVs, snowmobiles, personal watercraft, etc., but add 1.0% to the rate
Signature
Type of Loan
Terms
A.P.R *
 
Based on amount
13.50%
Unsecured Line of Credit
 
$40.00/ Mo. per Thousand
13.75%
Credit Cards
Type of Loan
Terms
A.P.R *
VISA® Classic Card
3% of Balance (Mo/Pymt.)
12.96%
VISA® Gold Card
3% of Balance (Mo/Pymt.)
11.96%
Closed End Home Equity **
Type of Loan
Terms
A.P.R *
Regular Home Equity
60 Months ($7,500 Min.)
4.99%
Regular Home Equity
120 Months ($12,000 Min.)
5.49%
Regular Home Equity
180 Months ($20,000 Min.)
5.99%
Open-End Home Equity **
Type of Loan
Terms
A.P.R *
 
2% of Balance (Mo/Pymt)
Prime Rate
Unimproved/Improved Land
Type of Loan
Terms
A.P.R *
 
60 Months
Prime Rate + 3.0%
Rental Property
Type of Loan
Terms
A.P.R *
 
15 Years (Max LTV 80%)
5.49%
 
30 Years (Max LTV 80%)
5.74%
First Mortgage
Type of Loan
Terms
A.P.R *
 
15 Years
Contact a Loan Officer for the latest rates.
 
30 Years
Contact a Loan Officer for the latest rates.
Home Improvement (Unsecured)
Type of Loan
Terms
A.P.R *
 
60 Months
10.50%
Student Loan (Abbey Credit Union's)
Type of Loan
Terms
A.P.R *
 
84 Months Max.
9.50%
Share (Savings) Secured
Type of Loan
Terms
A.P.R *
 
180 Months
Dividend Rate + 3.00%
Credit Builder Loan
Type of Loan
Terms
A.P.R *
 
24 Months
Dividend Rate + 10.00%
  * APR= annual percentage rate
** Non-refundable application fee of $200.00

All loans subject to Normal Credit Criteria.
Rates subject to change without notice.


Loan Protection Insurance
Your loan can be covered by life & disability insurance to provide additional financial security. This low-cost insurance may be purchased at the time you complete your loan application.
  ABBEY CREDIT UNION LOANS
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