CURRENT LOAN RATES
Effictive Date:
November 17, 2011
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New Auto & Motorcycle Loans
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MODEL YEAR |
MAX TERM |
APR AS LOW AS* |
2007-Newer |
48 months |
3.99% |
2007-Newer |
60 months |
3.99% |
2007-Newer |
72 months |
4.75% |
2007-Newer |
84 months |
5.25% |
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Used Auto & Motorcycle Loans
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MODEL YEAR |
MAX TERM |
APR AS LOW AS* |
2004-2006 |
36 months |
3.99% |
2004-2006 |
48 months |
3.99% |
2004-2006 |
60 months |
3.99% |
2004-2006 |
72 months |
4.99% |
2003- Older |
24-36 months |
4.99% |
2003- Older |
48-60 months |
4.99% |
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New and Used Recreational Loans
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MAX TERM |
APR AS LOW AS* |
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36 months |
6.90% |
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48 months |
6.90% |
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60 months |
7.25% |
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72 months |
7.50% |
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84 months |
8.00% |
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Personal Loans
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AMOUNT |
MAX TERM |
APR AS LOW AS* |
Up to $10,000 |
48 months |
9.90% |
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Shares Secured Loans
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AMOUNT |
MAX TERM |
APR AS LOW AS* |
Varies |
36 months |
3.00% above index |
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Certificate Pledged Loans
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AMOUNT |
MAX TERM |
APR AS LOW AS* |
Varies |
Varies |
3.00% above index |
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KWIK Cash Loans
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AMOUNT |
MAX TERM |
APR AS LOW AS* |
Varies |
Open |
15.90% |
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Home Equity Loans
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MINIMUM AMOUNT |
LOAN TO VALUE |
3 YEAR MAX TERM |
5 YEAR MAX TERM |
$
5,000 |
80% |
4.625% |
4.750% |
$
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% |
% |
% |
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Notes:
Amortized for 15 years, 3 year lock, 2% max change per year |
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Home Equity Line of Credit
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MINIMUM AMOUNT |
LOAN TO VALUE |
APR AS LOW AS* |
$
5,000 |
80% |
PRIME |
$
5,000 |
90% |
PRIME + 1% |
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* APR is the Annual Percentage Rate.
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Minimum Payment on Kwik
Cash Line of Credit
The minimum payment on the Kwik Cash Line of Credit will be the
greater of
$25.00 or $5.00 for each $100.00 (and a fraction thereof)
of the principal loan balance at the most recent advance.
Minimum Advance Charge
The minimum advance on the Kwik Cash Line of Credit is $
100.00.
A $
5.00 fee may be charged on any advance that is less than the
minimum.
Late Charges
If the installment is not paid in full on or before the 10th day
after it’s scheduled or deferred due date you may be charged
an amount not to exceed
$10.00 or 5% of the unpaid amount of the
installment- whichever is less.
Collection Costs
You promise to pay all costs of collecting the amount that you owe
under this agreement, including court costs and reasonable attorney
fees to the extent permitted by applicable law.
Return Check Charge
You may be charged
$25.00 for each share draft (or check) presented
for payment on a loan which is returned unsatisfied because the
drawer does not have an account with the drawee, or does not have
sufficient funds in his or her account, or does not have sufficient
credit with the drawee.
Certificate Secured Advances
The ANNUAL PERCENTAGE RATE (APR) will be the dividend rate being
paid on the Certificate offered as security plus the percentage
shown above. The Certificate must be renewed until the advance is
completely paid. Failure to renew will result in default under the
Plan. When the Certificate is renewed the APR will change to reflect
the new dividend rate. Any increase in APR will result in more payments
of the same amount until what you owe has been repaid.
Shares Secured Advances
The ANNUAL PERCENTAGE RATE (APR) for share secured advances is the
dividend rate paid on regular shares on the date of the advance
plus the percentage shown in the “% above index” column
above. If there is an existing balance on the date of the new advance,
the existing balance will be added to the new advance and the entire
balance will be at the new APR. The current ANNUAL PERCENTAGE RATE
(APR) will be disclosed at the time of the new advance.
All rates subject to change.
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