Lending Rates | Securityplus Federal Credit Union

As a non-profit financial institution, one way we return profits back to our members is lower lending rates.

Vehicles
Credit Card
Mortgages
Home Equity
Personal & Secured

New Auto Loan Rates

Effective Oct 1, 2018

Description	Term	APR* as low as
New Auto and Truck Purchase/Refinance	36 mo	2.24%
New Auto and Truck Purchase/Refinance	48-60 mo	2.74%
New Auto and Truck Purchase/Refinance	72 mo	2.74%
New Auto and Truck Purchase/Refinance	84 mo	3.74%

*APR=Annual Percentage Rate. Rates subject to change without prior notice. Rate shown reflects a 0.25% discount for automatic loan repayment. Refinancing not available for existing Securityplus loans. Rates may vary based on term, application and applicant''s credit history; your rate could be higher.

Used Auto Loan Rates

Effective Oct 1, 2018

Description	Term	APR*
Used Auto and Truck Purchase/Refinance	36 mo	2.99%
Used Auto and Truck Purchase/Refinance	48 - 60 mo	2.99%
Used Auto and Truck Purchase/Refinance	72 mo	2.99%
Used Auto and Truck Purchase/Refinance	84 mo	3.99%

*APR=Annual Percentage Rate. Rates subject to change without prior notice. Rate shown reflects a 0.25% discount for automatic loan repayment. Refinancing not available for existing Securityplus loans. Rates may vary based on term, application and applicant''s credit history; your rate could be higher.

Recreational Vehicle Loan Rates

Effective Oct 1, 2018

Description	Term	APR* as low as
New/Used Boats, RVs & Campers	up to 72 mo	4.74%
New/Used Boats, RVs & Campers	73 - 120 mo	4.74%
New/Used Boats, RVs & Campers	121 - 180 mo	4.74%
New Motorcycles	Up to 60 mo	2.49%
New Motorcycles	61 - 72 mo	2.49%
Used Motorcycles	Up to 60 mo	2.74%
Used Motorcycles	61 - 72 mo	2.74%

*APR=Annual Percentage Rate. Rates subject to change without prior notice. Rate shown reflects a 0.25% discount for automatic loan repayment. Refinancing not available for existing Securityplus loans. Rates may vary based on term, application and applicant''s credit history; your rate could be higher.

Visa Credit Card Rates

Effective Oct 1, 2018

Description	Intro APR*	Intro Term	Standard Variable APR*
Platinum Rewards Visa	4.99%	Balance Transfers & purchases for 12 months, and 2,500 bonus points after first purchase of $100 or more.	12.00% - 18%
Platinum Rebate Visa	—	—	11.00% - 18%
Student Visa	—	—	10.25% - 18%
Share-Secured Visa	—	—	10.25% - 18%

Visa Application Disclosure Opens in New Window
Visa Agreement & DisclosureOpens in New Window
*APR = Annual Percentage Rate. Subject to creditworthiness. The VISA rates adjust quarterly, on the first day of January, April, July and October. The rate applied on those dates is based upon the Prime rate in effect September 25, 2018, and remains in effect until the next change date.

For current mortgage rates, please contact the Mortgage Deptartment at mortgages@securityplusfcu.org or 410-281-6236.

Rate lock available at application. All loans above 80% LTV require private mortgage insurance.

Home Equity Loan Rates

Effective Oct 1, 2018

Description	Term	APR* as low as	No Closing Costs APR* as low as
Up to 85% LTV – $10,000 Min.	5 yr	4.50%	6.00%
Up to 85% LTV – $10,000 Min.	10 yr	6.00%	7.00%
Up to 85% LTV – $10,000 Min.	15 yr	6.50%	7.25%

LTV = Loan-to-Value ratio

Choose a lower rate and pay your own closing costs or choose a higher rate with no closing costs.
*APR=Annual Percentage Rate. Subject to creditworthiness. This is a fixed rate loan. Minimum loan amount is $10,000.

Home Equity Line of Credit Rates

Effective Oct 1, 2018

Description	Term	APR* as low as
Home Equity Line of Credit LTV up to 80%	Up to 15 yr	5.25%
Home Equity Line of Credit LTV 81% to 90%	Up to 15 yr	6.25%
Home Equity Line of Credit LTV 91% to 100%	Up to 15 yr	8.25%

LTV = Loan-to-Value ratio
*APR=Annual Percentage Rate. Subject to creditworthiness. Variable rate tied to Wall Street Journal Prime Rate, which may adjust monthly.The prime rate as of September 25, 2018 is 5.25%. The rate floor for all home equity lines of credit is 3.25% APR. Minimum loan amount is $10,000.

Personal Loan Rates

Effective Oct 1, 2018

Decription	Term	APR* as low as
Personal Loan	12 to 36 mo	9.49%**
Personal Loan	48 to 60 mo	9.99%**
Personal Line of Credit	Revolving	12.25%***
Quick Cash - $500 or $1,000	6 mo	28.00%
Credit Builder Loan	6 - 36 mo	3.00% above index****

*APR=Annual Percentage Rate. Subject to creditworthiness.
**Rate shown reflects a 0.25% discount for automatic loan repayment.

***The floor rate on Personal Lines of Credit is 5%.
****The annual percentage rate for a Credit Builder Loan is 3.00% above the dividend rate paid on the Share Savings account; dividend rate as of the posted effective date is 0.20%. The rate floor is 3.00%. The APR on existing balances will change on the first day of each month to reflect any changes in the rate being paid on dividends. Any increase will result in additional payments of the same amount. The funds will be visible on your account statement, but you will not be able to access the funds until the loan is paid in full.

Secured Loan Rates

Effective Oct 1, 2018

Description	Term	APR* as low as
Share-Secured Loan	6-96 mo	3.00% above index**

*APR = Annual Percentage Rate. Subject to credit worthiness.
**The APR for a Share Secured advance will be 3.00% above the dividend rate paid on the shares. The APR on existing balances will change on the first day of each month to reflect any changes in the rate being paid on dividends. Any increase will result in additional payments of the same amount. The rate floor for share secured loans is 4.00% APR.