Current Loan Rates
as of December 12, 2011

Multi-Purpose Loan - Beginning December 1, 2011

Maximum amount of loan:  $45,000.00

80% of retail price

Minimum amount of loan:  $10,000.00

Term:  Up to 84 months

Minimum Payment:  $200.00

Rate:  4.90%                           

Loan Type:  19                                                                  

Collateral Code: 19

*Must have a title or file UCC1 and insurance with credit union as lienholder.

 

Rates Subject to Change Without Notice

New Vehicles    
 

4.50%

Up to 60 Months
2011 Models with less than 10,000 miles
New Motorcycles, Boats & ATV's    
 

5.00%

Up to 72 Months
2011 Models with less than 10,000 miles
Used Vehicles, Motorcycles, Boats & ATV's    
  5.00% 60 Months--Models 2009-2010
  5.50% 48 Months--Models 2007-2008
  6.75% 36 Months--Models 2005-2006
  7.25% 24 Months--2004 and older
  7.25% 48 Months--Antiques (25 years or older)
Signature Loans    
  12% up to 24 Months
  14.40% up to 36 Months
New Farm Equipment    
  5.00% Up to 72 Months
Used Farm Equipment    
    See CU for details
Share Secured    
  -- 2% above earning rate on CD's and 3% above paying rate on Share and Daily Action
Back to School Loans    
(Borrow up to $1000) 10.00% Available July-August-September
Home Improvement 13.00% (April, May, June)
(Borrow up to $5000)   Up to $5000 for 36 Months
Christmas Loans 10.00% Available Oct-Nov-Dec
(Borrow up to $1000)   --
Spring Break Loans 10.00% Up to $1000.00 (Jan - Feb - Mar)
(Borrow up to $1000)   --
Computer Loans 11.00% up to 36 months
Real Estate   Rates based on 80% of appraisal
1st Mortgage 5.00% 5 Year ARM (Adjustable after 5 years)(80% of Appraisal)  More than 80% = Higher Rate
Home Equity 5.00%  
     

© Copyright 2001; All Rights Reserved
Lauderdale County Teachers Credit Union
103 Mangum Street
Florence, Alabama, USA
256-766-2936