rates

Loan Rates

What plans do you have in mind? When you need a personal loan to achieve them, turn to us. We're eager to lift up members in Delaware, Maryland and beyond by providing competitively low loan rates.

New and Used Auto and Motorcycle

Rates Effective Starting: 2/01/2021

ProductAPR*Model YearTerm
New & Used Auto**3.10%5 YearsUp to 60 months
3.35%<4 YearsUp to 72 months
3.60%Prior/Current NextUp to 84 months ($25,000 minimum)
 
Used Auto5.10%6-7 YearsUp to 60 months
5.10%8-9 YearsUp to 48 months
 
New & Used Motorcycle3.00%8-9 YearsUp to 60 months

* Stated Annual Percentage Rate (APR) is the lowest rate available for qualified members. Actual rate may be higher based on creditworthiness.

** New 2021 models, up to 130% of M.S.R.P. based on creditworthiness. Other rates and terms available for vehicles over 6 years.  Terms in excess of 72 months require a minimum loan amount of $25,000.

Existing loans on new models will be refinanced using the M.S.R.P. for up to 90 days after purchase. Thereafter, they will be financed based on industry valuation sources.

Used vehicles and prior year models sold as new are based on industry valuation sources suggested retail price up to 130% loan to value based on creditworthiness.

New and Used Boat and RV / Motor-home

Rates Effective Starting: 2/01/2021

ProductAPR*Term
New/Used Boat & RV4.75%Up to 60 months
5.00%61 to 72 months
5.50%73 to 120 months (Minimum of $25,000)

*Stated Annual Percentage Rate (APR) is the lowest rate available for qualified borrowers. Actual rate may be higher based on creditworthiness.  $5,000 and up to 84 months.  $20,000 up to 120 months.. Maximum LTV is 90%, for loan amounts up to $50,000. Maximum LTV is 80% for loans amounts over $50,000 to $100,000.  Minimum loan amount $5,000.  Value based on book value, survey or dealer cost.

Unsecured Loans

Rates Effective Starting: 2/01/2021

ProductAPR*Term
VISA Platinum8.00% (Rate is based on Prime + 4.75% adjusted quarterly)$25 or 2% of balance monthly, 25-day grace period on purchases
Student VISA8.00% (Rate is based on Prime + 4.75% adjusted quarterly)$25 or 2% of balance monthly, 25-day grace period on purchases
VISA Platinum Secured**3.25% Prime adjusted quarterly.$25 or 2% of balance monthly, 25-day grace period on purchases
Student VISA Secured**3.25% Prime adjusted quarterly.$25 or 2% of balance monthly, 25-day grace period on purchases
 
Signature Line of Credit6.62%Revolving ($500 - $25,000)
Revolving ($500 - $25,000)6.62%72 months ($500 - $25,000)

* Stated Annual Percentage Rate (APR) is the lowest rate available for qualified borrowers. Actual rate may be higher based on creditworthiness.

** Requires pledge of prime shares equal to 120% of the credit limit.

Share Secured Loans

Rates Effective Starting: 2/01/2021

ProductAPR*Term
Share SecuredShare Rate + 3.00%For loan amounts up to $100,000 terms available up to 10 years For loan amounts $1000,000 or more terms up to 15 years
Certificate SecuredShare Rate + 3.00%For loan amounts up to $100,000 terms available up to 10 years For loan amounts $1000,000 or more terms up to 15 years