RATES

Savings Account Rates
Saving Types:	APR**	APY***
Passbook	1.00%	1.02%
Individual Retirement Account	2.50%	2.54%
Certificate of Deposit:	APR**	APY***
One Year*	2.90%	2.90%
One Year IRA Certificate*	2.90%	2.90%

Rates Effective as of July 1, 2008

*    $500.00 Minimum Deposit Required
**   Annual Percentage Rate
*** Annual Percentage Yield
Rates on savings accounts can change quarterly, rate we pay on certificate of deposits are determined each week $5.00 minimum deposit to open a savings account, $10.00 minimum balance required to earn APY on passbook savings.

Back To Top

Maximum Loan Amounts
Auto, Truck, Boats and Motorcycles	$55,000.00
Recreational Vehicles and Large Boats	$100,000.00
Home Equity	$100,000.00
Unsecured (Signature Loan)	$3,000.00
Visa Credit Card	$5,000.00

Loan Rates
Loan Types:	APR*	Down Required:	Terms:
Share secured	4.75%	n/a	up to 60 months
New auto, truck, boat or motorcycle	4.75%	ZERO DOWN	up to 60 months
New auto, truck, boat or motorcycle	5.25%	ZERO DOWN	up to 72 months
New auto, truck, boat or motorcycle	5.75%	ZERO DOWN	up to 84 months
Used auto, truck, boat or motorcycle	6.75%	ZERO DOWN	up to 72 months
New snowmobile, ATVs	7.25%	15% down	up to 72 months
Used snowmobile, ATVs	8.75%	15% down	up to 60 months
Recreational Vehicles:	APR*	Down Required:	Terms:
2004 and Newer	6.95%	10% down	$100,000.00 maximum for up to 14 years.
2003 and Older	8.95%	10% down	$100,000.00 maximum for up to 14 years.
Unsecured (signature)	10.95%	n/a	up to 36 months

Loan Rates Effective as of July 1, 2008
* Annual Percentage Rate

Back To Top

Home Equity Loans

• RATE: 7.25% FIXED FOR 7 YEAR TERM
  PAYMENTS CAN BE SETUP FOR 14 YEARS,
  WITH THE INTEREST RATE LOCKED FOR THE FIRST
  7 YEARS AND THEN RENEGOTIATED.
• MAXIMUM AMOUNT: $100,000.00
• LOAN TO VALUE RATIO: 85%
  ESTIMATED MARKET VALUE OF PROPERTY PER
  COUNTY TAX STATEMENT, TIMES 85%,
  MINUS THE FIRST MORTGAGE.
• 
• NO CLOSING COSTS OR POINTS

*IF TAX STATEMENT VALUE IS INSUFFICIENT FOR AMOUNT OF CREDIT REQUESTED, BORROWER PAYS FOR THE COST OF PROPERTY APPRAISAL.

Example: THE MONTHLY PAYMENT ON A $75,000.00 LOAN AMORTIZED OVER 14 YEARS IS $712.11 FOR 83 MONTHS WITH A BALLOON PAYMENT OF $47,500.30.

(BALLOON PAYMENT IS EITHER PAID IN FULL OR NEW LOAN OBTAINED AT RATES BEING CHARGED AT TIME OF BALLOON COMES DUE)

Back To Top