Loan Rates

Not for Profit ... Not for Charity ... But for Service

Term

24 Months

36 Months

48 Months

60 Months

72 Months

84 Months

Floor Rate

1.90%

2.00%

2.20%

2.50%

3.50%

4.50%

Age of Collateral

1. Add 1.0% to above rates on model years 2010 – 2012
2. Add 1.5% to above rates on model years 2008 – 2009
3. Add 2.0% to above rates on model years 2007 and older
4. Actual rate may be affected by applicant's credit score, according to the credit union's tiered-rate loan policy. And is not to be lower than the “Floor” rate.

Minimum qualifications for 72 & 84 month financing are: Members must have 1) have a credit score of 640 or more 2) at least 3 years on the job, to obtain a loan automobile with a 72 or 84 month maturity. Minimum loan amount is $25,000.00 or more.  The credit bureau score, time on the job, and minimum balance restrictions can be waived by the loan officer if the member makes a down payment on the car of 25% or more (not to include any rebates) if, in their judgment, those factors are mitigated thereby.

4.00%

60 to 84 Months

5.00%

84 - 108 Months

5.00%

108 - 180 Months

Secured by Shares

2.50% above the share rate. Maximum maturity is 60 Months.

Secured by Certificate

2.50% above the share rate. Maximum maturity is 60 Months. Certificate continues to roll.

Signature Loan

5.90% - 24 Month Max Maturity
6.90% - 36 Month Max Maturity
7.90% - 48-60 Month Max Maturity
Maximum Combined Unsecured Loan: $50,000.00

Tuition Loans

3.00% $500 - $10,000 Falls Catholic Credit Union will make tuition loans to the parents of the students of parochial schools in Summit County, Ohio. The proceeds check must be made out to the school

As low as 5.9% (Your rate could be higher based on your Credit Bureau Score).
NO ANNUAL FEE