Loan Rates


  • Home Equity Loans *

    Loan Type Term APY*
    Home Equity Line of Credit 15 Years 5.50% Variable ^^
    (Prime rate) as listed in the Wall Street Journal on the last day of the previous month
    ^^HELOC 4% floor applies.
    Interest may be tax deductible. Consult your tax advisor.
  • 2nd Mortgages

    Loan Type Term APY*
    Independence Mortgage* 5 years 3.49%
    Independence Mortgage* 10 years 4.24%
    Independence Mortgage* 15 years 4.74%
    Independence Mortgage* 20 years 5.74%
    Second Mortgage 5 years 3.74%
    Second Mortgage 7 years 3.99%
    Second Mortgage 10 years 4.49%
    Second Mortgage 15 years 4.99%
    Second Mortgage 20 years 5.99%
    *Independence mortgage replaces a first mortgage and must be in first position on your deed.
  • Traditional Vehicle Loans

    Loan Type Term APY*
    New Auto, 100% financing up to 24 months 2.49%
    New Auto, 100% financing up to 36 months 2.74%
    New Auto, 100% financing up to 48 months 2.99%
    New Auto, 100% financing up to 60 months 3.24%
    New Auto, 100% financing up to 72 months 4.49%
    New Auto, 100% financing up to 84 months 5.59%
    Used Auto, 100% NADA *** up to 36 months 2.74%
    Used Auto, 100% NADA *** up to 48 months 2.99%
    Used Auto, 100% NADA *** up to 60 months 3.24%
    Recreational Vehicles ****   Auto loan rate
    + 2.00%
    *** NADA used auto values can be found at NADA.com
    ****Recreational vehicles, including motorcycles, boats, ATVs, snowmobiles and jet skis - rate is 2% higher than new auto loan.
  • Personal Loans
    includes Signature and Overdraft Protection

    Loan Type Term APY*
    Student / Computer up to 24 months 7.99%
    Personal Loan* up to 36 months 7.99%
    Personal Loan / Overdraft up to 60 months 9.99%
    Student Loan up to 96 months 6.75%
    Home Improvement up to 120 months 7.75%
    Credit Builder Loan up to 12 months 18.00%
    VISA® Classic 14.99%
    VISA® Platinum 9.99%
    *Debt consolidation loans are personal loan rate +3%
  • Share Secured Loans

    Loan Type Term APY*
    Share Secured up to 36 months 5.15%
    Share Secured Credit Builder Loan up to 12 months 5.15%
    Share secured loans are based on the security of your savings, and you will receive the quoted rate regardless of your credit score.

*all loan rates are quoted “as low as”. Your actual rate will be based on your credit score obtained by Members Credit Union.