• Consumer Loan Rates
• Savings Rates

Updated: October 15, 2008

Consumer Loan Rates (Effective as of 10/15/2008)

New Vehicle*

* Cut-off for model year is January 1 (i.e. a 2008 is no longer new after 1/1/2009). A vehicle is considered new if in the model year it has less than 5,000 miles and never titled.

NOTE: Add 1% for motorcycle, boat, camper, Jet Ski, snowmobile and ATV loans. Loans over $25,000 require a minimum of 10% down payment. 72 month auto/cycle loans are available at 30% down and be priced at the 10% level. Rates for vehicles loans (excluding the 25% down loan) of 48 months are reduced by ½ of 1.00%.

Used Vehicle*

* NOTE: For 2006 vehicles, term can be increased up to 6 months for an additional 1/2%. For 2005 and 2004 vehicles, term can be increased up to 6 months for an additional 1/2% and up to 12 months for an additional 1%. For 2003 vehicles, term can be increased up to 6 months for an additional 1/2%. Add 1% for motorcycle (max. 4 yr. old), boat and campers. No used Jet Ski, snowmobile or ATV loans.

Loans over $25,000 require a minimum of 10% down payment.

Rates for 2007 vehicles loans of 48 months are reduced by ½ of 1.00% and loans for 36 months are reduced by ¾ of 1.00%. Rates for 2004 – 2006 vehicles loans for 36 months are reduced by ¾ of 1.00%.

Personal Secured with Vehicle*

*Subtract 1% from rate if loan is 50% or less. Term not to exceed max term for age of vehicle.

Unsecured Line of Credit (Kwik Cash)**

**Minimum loan advance on a new or unsecured Line-of Credit Loan is $250.00. Minimum loan amount borrowed is $1,000.00. Advances under $250.00 are subject to fees.

Unsecured Loan  

Co-maker secured Loan  

 Home Equity - Line of Credit ^††

First Mortgage 10 year term

Home Equity-Closed End (3 year term) ^††

Home Equity-Closed End (5 year term) ^††

Home Equity-Closed End (10 year term) ^††

†† Closing costs and fees will be established by the Board of Directors or the President and shall be disclosed in writing or verbally at the time the application is taken. LTV is defined as the outstanding first mortgage balance plus the amount of the requested home equity loan divided by the determined value. Maximum debt-to-income ratio 35%, 1 or 2 family owner occupied homes, with at least 12 months good payment history on present mortgage loan. Add 0.50% to the rate if LTV is between 70 – 80% or 1% to the rate if the LTV is between 80 – 90%. Variable rate loan based on prime with current prime rate of 4.50% plus a margin established by the Board of Directors .

Loan Notes: Loans in process have 30 days, from the date of their application, to close at the rate they applied at. After 30 days, rates are subject to change. Active LCCU checking accounts requires a minimum of five transactions per month. If member does not maintain active checking, rate will revert back to the base rate. Transactions are defined as checks or Debit/Master Money card purchases clearing the account.

Savings Rates (Effective as of 3/21/2008) Rates subject to change without notice.