Current Loan Rates

Current as of July 2007

 
New Vehicles, Motorcycles, Boats & ATV's    
 

5.50%

Up to 72 Months
2008 Models with less than 10,000 miles
Used Vehicles, Motorcycles, Boats & ATV's    
  6.00% 60 Months--Models 2007, 06, 05
  6.50% 48 Months--Models 2004-2003
  7.75% 36 Months--Models 2002, 01, 00
  8.25% 24 Months--1999-1998
  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    
  5.50% Up to 72 Months
Used Farm Equipment    
  6.00% 60 Months--See CU for Details
  8.25% 24 Months--See CU for Details
Share Secured    
  -- 2% above earning rate on CD's and 3% above paying rate on Share and Daily Action
Beginning October 1
Loan Specials
 
 
$1000 10.00% 12 Months
$2000 12.00% 24 Months
$5000 13.00% 36 Months
Vacation Loans    
(Borrow up to $1000) 10.00% Available Apr-May-Jun
Home Improvement 13.00% (April, May, June)
(Borrow up to $5000)   Up to $5000
Christmas Loans 10.00% Available Oct-Nov-Dec
(Borrow up to $1000)   --
Computer Loans 11.00% up to 36 months
Real Estate   Rates based on 80% of appraisal
1st Mortgage 6.50% 5 Year ARM (Adjustable after 5 years)(80% of Appraisal)  More than 80% = Higher Rate
Home Equity 5.00%  
     

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Lauderdale County Teachers Credit Union
103 Mangum Street
Florence, Alabama, USA
256-766-2936

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