Vehicle Loans
5.75%
| PRODUCT | APR |
|---|---|
| New Auto 2022-2025 60 months or less
72 months
84 months
|
5.75%
6.05%
6.95%
|
| Used Auto 2020-2025 60 months or less
72 months
84 months
|
5.80%
6.10%
7.00%
|
| Used Auto 2017-2019 60 months or less
72 months
|
6.85%
7.00%
|
| Used Auto 2016 & Older 48 months or less
60 months
|
8.20%
8.35%
|
| RV 2016-2025 60 months or less
75 months
84 months
120 months
|
8.75%
9.75%
10.00%
11.00%
|
| RV 2015 & older 60 months or less
75 months
84 months
120 months
|
12.00%
12.25%
12.50%
13.00%
|
| Secured Fixed 60 months or less
|
11.75%
|
Recreational Vehicle (RV) loans include ATVs, boats, campers, motorcycles, motorhomes, and watercraft.
Secured Fixed loans require qualifying collateral, such as appliances, furniture, golf carts, horse trailers, lawn tractors, or personal computers.
Personal Loans
11.25%
| PRODUCT | APR |
|---|---|
| Line of Credit variable rate
|
12.25% |
| Signature Loan up to 60 months
|
13.00% |
| Spot Me Loan up to $10,000 for 24 months
|
11.25% |
| 30, 60, 90 Day Notes fixed rate
|
13.00% |
| Visa Platinum no annual fee
|
12.90% |
Home Equity Loans
6.750%
| PRODUCT | APR |
|---|---|
| 5-Year HE Loan 7.50% fixed rate
|
7.698% |
| 10-Year HE Loan 8.50% fixed rate
|
8.609% |
| 15-Year HE Loan 9.50% fixed rate
|
9.827% |
| Shelterline 85 HELOC up to 85% LTV
|
6.750% |
Home Equity Loan
Loan-to-Value (LTV) limit is 90%. Annual Percentage Rate (APR) shown is based on a loan amount of $50,000; your APR may differ based on loan amount and credit history.
Home Equity Line of Credit (HELOC)
The maximum Annual Percentage Rate (APR) that may be imposed is 18.00%. Minimum $15,000 credit line. Loan-to-Value (LTV) limit is 85%. Interest paid may be eligible for tax deduction. Consult your tax advisor.
Interest-only minimum payments apply during the 10-year draw period. Then loan balance amortizes over a 15-year term.
There are no closing costs; however, if you close your loan within 36 months of the opening date, you may be required to reimburse the Credit Union for third-party charges. Reimbursement fees can range from $400–$1,000.
Additional Options
Additional mortgage products and terms available. Connect with the Mortgages department by calling 615-385-6898.
Business Loans
7.00%
| PRODUCT | APY |
|---|---|
| Business-Use Vehicle | 7.00% |
| Commercial Vehicle | 9.00% |
| Equipment Loan | 10.00% |
| Line of Credit | 12.75% |
| Unsecured Term | 12.75% |
| Visa Platinum | 16.25% |
Please call us or email business@bankcfcu.org for more information or to apply for a business loan.
Certificates
4.15%
| PRODUCT | APY |
|---|---|
| 11-Month Certificate
$500 or more
|
4.15%
|
| 3-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
2.50%
2.50%
2.50%
|
| 6-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
3.65%
3.65%
3.65%
|
| 12-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
3.75%
3.75%
3.75%
|
| 18-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
3.75%
3.75%
3.75%
|
| 24-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
3.50%
3.50%
3.50%
|
| 36-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
2.25%
2.25%
2.25%
|
| 48-Month Certificate
$500 to $24,999
$25,000 to $49,999
$50,000 or more
|
2.25%
2.25%
2.25%
|
Compound frequency based on certificate term: at maturity for promotional certificates and terms of 3 and 6 months. Semi-annually for terms of 12, 18, 24, 36, and 48 months.
Early withdrawal penalty may apply and is based on certificate term. The penalty is equal to 90 days' dividend for terms of 3, 6 and 12 months; 180 days' dividend for terms of 24, 36, and 48 months; or equal to the dividends that would have been earned over entire term for promotional certificates.
IRA Certificates available at same terms and rates, except for promotional certificates. Not available for business accounts.
Money Market
2.25%
| PRODUCT | APY |
|---|---|
| Wealth Builder MMA
$1,000 to $9,999
$10,000 to $24,999
$25,000 to $49,999
$50,000 to $99,999
$100,000 to $249,999
$250,000 or more
|
0.75%
0.85%
1.00%
1.25%
1.50%
2.25%
|
Money Market compounds monthly.
Savings
3.75%
| PRODUCT | APY |
|---|---|
| High Yield Savings
$25,000 or more
|
3.75% |
| Share Savings | 0.10% |
| Special Savings | 0.10% |
| Christmas Savings | 0.10% |
| IRA Savings | 0.10% |
Share Savings, Special Savings, and Christmas Savings compound quarterly and require a $50 average daily balance to earn dividends. IRA Savings compounds quarterly and requires a $100 average daily balance to earn dividends. High Yield Savings compounds monthly and earns dividends on days when the daily balance is at least $25,000.
Business Deposits
3.90%
| PRODUCT | APY |
|---|---|
| 6-Month Certificate
$25,000 or more
|
3.65% |
| 12-Month Certificate
$25,000 or more
|
3.90% |
| Money Market
$10,000 to $49,999
$50,000 to $99,999
$100,000 to $249,999
$250,000 or more
|
0.75%
1.00%
1.50%
2.25%
|
| Share Savings | 0.10% |
Average daily balance required to earn dividends is $50 for savings accounts. Savings accounts compound quarterly. Money Market accounts compound monthly.
Certificates compound at maturity. Early withdrawal penalty may apply and is equal to 90 days' dividend.