United Credit Union provides its members a variety of loan products, terms and rates to meet their financial requirements from time to time. You can apply for a loan in person, on line or through our 24/7 loan by phone service. United Credit Union has a loan product to fit your needs and at an attractive competitive rate. When the need arises it is prudent for our members to call or stop at any of our convenient Financial Service Centers and speak to a Personal Financial Representative.

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Current Rates in effect October 1, 2023

Vehicle Loans

Term
APR Rates**

New Auto (2023 -and Newer) Up to 36 Months
As low as 5.75%**

New Auto (2023 -and Newer) Up to 48 Months
as low as 5.80%**

New Auto (2023 -and Newer) Up to 60 Months
As low as 6.05%**

New Auto (2023 -and Newer) Up to 72 Months
As low as 6.55%**

New Auto Up (2023 -and Newer) to 84 Months
As low as 7.05%**

Term
APR Rates**

Used (2022 -2023) Up to 36 Months
As low as 5.80%**

Used (2022 -2023) Up to 48 Months
as low as 6.05%**

Used (2022 -2023) Up to 60 Months
As low as 6.30%**

Used (2022 -2023) Up to 72 Months
As low as 7.30%**

Used (2022 -2023) Up to 84 Months
As low as 8.30%**

Term
APR Rates**

Used (2021 -2020) Up to 60 Months
As low as 7.30%**

Used (2019 and older) Up to 60 Months
as low as 8.30%**

**APR = Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.

NEW Vehicles: Up to 100% Financing, if you qualify. Cash Purchase price includes taxes, license, title, warranty and Gap insurance.

New Vehicle is defined as a vehicle that has not been titled.

USED Vehicles model year 2019 – 2020: Up to 100% of NADA Average Retail, if you qualify, LESS: High Mileage Adjustment. Cash Purchase price includes taxes, license , title, Extended Warranty, Gap insurance, etc. Used Vehicles model 2017 and older: Up to 100% of the average trade- in value, LESS: High Mileage Adjustment. Cash Purchase price includes taxes, license, title, warranty and Gap insurance.

HELOC Loans

80% First Lien HELOC
Credit Score Rate APR Margin
740+ 8.50% 8.50% n/a
690 -739 8.50% 8.50% n/a
650 – 689 9.75% 9.75% P + 1.25
620 – 649 10.50% 10.50% P + 2.50
80% Maximum Financing
80% Second Lien HELOC
Credit Score Rate APR Margin
740+ 8.50% 8.50% n/a
690 -739 8.50% 8.50% n/a
650 – 689 10.00% 10.00% P + 1.50
620 – 649 11.25% 11.25% P + 2.75
80% Maximum Financing
90% First Lien HELOC
Credit Score Rate APR Margin
740+ 8.50% 8.50% n/a
690 -739 10.00% 10.00% P + 1.50
650 – 689 10.25% 10.25% P + 1.75
620 – 649 12.50% 12.50% P + 4.00
90% Maximum Financing
90% Second Lien HELOC
Credit Score Rate APR Margin
740+ 8.50% 8.50% n/a
690 -739 10.00% 10.00% P + 1.50
650 – 689 10.50% 10.50% P + 2.00
620 – 649 12.50% 12.50% P + 4.00
90% Maximum Financing

 

* APR for the personal loans will be adjusted when Single Life Insurance is added to the loan balance each month.

Note:

Rates, terms and eligible amount for financing are based on your personal credit history. Certain restrictions may apply. Ask for details.

Other Secured Loans

Loan Type

Term

APR Rates**

Amount
Share / Savings Account

Up to 24 Months

Up to CD Maturity

Up to 24 Months
Highest Dividend Rate + 3.0%
100% of Available Funds
Share Secured Certificate of Deposit
CD Rate + 2.0% (subject to Floor Rate)
Term not to exceed CD maturity date
100% of Certificate Funds
Line of Credit Share Secured
Highest Dividend Rate + 3.0%
100% of Available Funds
Line of Credit Certificate Secured

Up to CD Maturity
CD Rate + 2.0% (subject to Floor Rate)
Term not to exceed CD maturity date
 100% of Certificate Funds

With a United Credit Union Savings Secured Loan it’s Simple, Swift, Smart, Safe and Sound. Your Savings will stay intact while earning our regular high rate of dividend and you “pay yourself” back at a low interest rate. It’s a great way to build your nest egg!

*APR is the Annual Percentage Rate.

USE OUR ONLINE CALCULATOR