Yes, it's true!

Long before the banks started to offer reduced interest rates we were already offering the lowest rate in the market. Look at the table below that compares a credit union loan with a bank loan at reduced interest rate.

The above example exclude fees and related charges that at a bank would be far more considerable than at a credit union. In addition, most bank loans are variable interest rate that means that they re-evaluate your loan after 2 to 3 years and more than likely increase the interest rate on your loan.

MORE INFORMATION

Should you like more information on interest rate and the credit union difference, please use our online form on the Contact Us page.

LOAN APPOINTMENTS

If you would like to take out a loan, please call our office numbers and ask for the earliest available date for an appointment.

 

THE BEST DEAL

These are why a credit union loan is wise choice:

• Low administrative costs
• Minimum monthly interest of at least 1%.
• Interest in calculated on the reducing balance.
• Rate is fixed for the term of the loan.
• You end up paying between 7.5% to 8.4% Actual Percent Rate (APR).