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: 10/01/2020

Product APR* Model Year  Term
New & Used Auto**  2.92% 4-5 Years Up to 60 months
  3.17% <3 Years Up to 72 months
  3.42% Prior/Current Next Up to 84 months ($15,000 minimum)
       
Used Auto 4.92% 6-7 Years Up to 60 months
  4.92% 8-9 Years Up to 48 months
       
New & Used Motorcycle  2.82%   Up 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 2020 models, up to 130% of M.S.R.P. based on creditworthiness. Other rates and terms available for vehicles over 6 years. 

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/Motorhome

Rates Effective Starting: 10/01/2020

Product APR* Term
New/Used Boat & RV  4.57% Up to 60 months
  4.82% 61 to 72 months 
  5.32% 73 to 120 months (Minimum of $20,000)

*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: 10/01/2020

Product APR* Term
VISA Platinum

8.00%
Prime + 4.75% adjusted quarterly.

$25 or 2% of balance monthly, 25-day grace period on purchases
Student VISA 8.00%
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 Credit 6.44% Revolving ($500 - $25,000)
Signature Installment 6.44% 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: 10/01/2020

Product APR* Term
Share Secured Share 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 Secured Share 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