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Loan Rates

  • Consumer Fixed

    Consumer Fixed-Rate Loans
    Personal as low as 8.49% APR*
    Secured Loans (Auto, Boat, RV) as low as 4.34% APR*


    *See Disclosure section below for details

  • Variable Rate Consumer Loans

    Variable Rate Consumer Loans
    Personal Line of Credit as low as 9.74% APR**
    Share Secured 2.00% over rate paid on Membership Savings Account***
    Share Certificate Secured 2.00% over rate paid on Share Certificate****
     

    *See Disclosure section below for details
  • Equity Mortgage

    Equity, Second Mortgage and Land Loans
    Home Equity Line of Credit (HELOC) Click Here
    Fast Equity Loan - Terms up to 240 months (Rate fixed first 5 yrs) up to 80% Loan to Value Click Here
    Fast Equity One Year Adjustable Rate up to 240 months term Click Here
    Vacant Land - 80% financing on purchases and rate term refinances up to 50 acres Click Here


    *See disclosure section below for details

  • Adjustable Mortgages

    Popular Adjustable​-Rate First Mortgages
    Flex-5 Click Here

     
    *See disclosure section below for details

  • Fixed-Rate Mortgages

    Fixed​-Rate Mortgages
    Fixed​-rate mortgage loans with terms 10 to 30 years. Click here

    *See disclosure section below for details

Loans Disclosure

  • Loans Disclosure

    CONSUMER FIXED
    *Lowest rates based on Credit Union's Qualified Loan Program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral and loan terms. Other rates and terms available. All rates and terms are subject to change without notice.
    † Repayment term includes total in-school deferment, grace, forbearance and repayment periods. 

    VARIABLE-RATE CONSUMER LOANS
    **Personal Service Line of Credit Loans: The ANNUAL PERCENTAGE RATE (APR) for new and existing balances will be the highest published Wall Street Journal Prime Rate (Index) on the 15th day of the month prior to the change date plus a Margin of 4.24% to 9.74%.  If the 15th day of the month is a non-publishing date, the Prime Rate would be the rate listed in the Wall Street Journal on the first publishing date following the 15th day of the month.  The Margin you receive is based on your credit score.  The Annual Percentage Rate will change quarterly on the first day of January, April, July and October of each year to reflect any change in the Index and Margin values.   The Annual Percentage Rate will never be greater than 18% or the maximum rate allowed by applicable law.  Any increase will lengthen the time it takes to pay off your loan.
    ***Share Secured Variable Rate Advances:  The ANNUAL PERCENTAGE RATE    on the new advances and the existing balances will be the dividend rate being paid on the regular share account being used as collateral (index) plus a margin of 2.00%.  If there is an existing balance on the date of a new advance, the existing balance will be added to the new advance and the entire balance will be at the new (APR).  The (APR) is subject to change on the first day of each month.
    Rates for Variable Rate Advances:  Rates are adjusted on the first day of each calendar month.  There is no maximum or minimum rate, except that the rate will never exceed the maximum rate allowed to be charged by federally chartered credit unions, as established from time to time by the National Credit Union Administration.  If there is a rate increase, the payment amount will remain unchanged and the number of payments required to retire the debt will be extended at the same periodic payment level.
    ****Certificate of Deposit Secured: The ANNUAL PERCENTAGE RATE on Certificates of Deposit Secured Advances will be the rate being paid on the certificate pledged as security on the date of the advance plus a margin of 2.00%.  If there is an existing balance on the date of a new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR.  The maturity date of any loan secured by a certificate may not exceed the maturity date of the certificate, which secures the loan.  If the loan is not repaid in full at the time of the certificates maturity date, a new loan secured by the renewed certificate (at the option of the Credit Union) will be 2.00% over the rate being paid on the new certificate.  The (APR) and Daily Periodic Rate will be disclosed on the voucher accompanying the advance.​

    † Repayment term includes total in-school deferment, grace, forbearance and repayment periods.
    ‡3.94% Annual Percentage Rate (APR). The APR assumes that you will be in school for 4 years and have a 6-month grace period before repayment begins. Borrowing $10,000 at 4.00% accrues $​3,649.64 in interest during 4 years in school and the 6-month grace period, resulting in 3.94% APR. The Interest Rate may be higher or lower than your Annual Percentage Rate because the APR considers fees you pay to obtain this loan, the Interest Rate, and whether you defer (postpone) payments while in school. Variable rate changes quarterly based on the Wall Street Journal Prime Rate. The rate will not increase more than once a quarter, but there is no limit on the amount that the rate could increase at one time. Your rate will never exceed 18.00% (or the maximum allowed by law). For further information on rates and costs for the Variable-Rate Private Student Loan, see the Application Truth in Lending Disclosure.​

    EQUITY MORTGAGE
    Rates are subject to change without notice. Real estate property must be located in the state of Tennessee.

    • 5/1 Adjustable-Rate Mortgage (ARM) (Fixed​ rate first 5 years)
    • 15-year term
    • Refinancing options available 

    ADJUSTABLE MORTGAGES
    Rates are subject to change without notice. Real estate property must be located in the state of Tennessee.

    • 5/1 ARM (Flex​-5 Mortgage)
    • No points, 1.00 origination, terms to 30 years

    FIXED-RATE MORTGAGES
    Rates are subject to change without notice. Real estate property must be located in the state of Tennessee.

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