UFCW Local23

Loan rates

o Must keep 20% of Signature loan balance in Savings. Depending on employment date, credit history, and or loan history more than 20% may be required.
o Must be a member of the Credit Union for 6 Months to be eligible to apply for a loan. No loan application will be reviewed without a current paystub and/or most recent tax return.
o Must keep 1 month's payment in Savings for Car and or Home Equity loans.
o Member may purchase Disability Insurance for the loan at a minimal cost.
 
Current Loan Rates
Secured ByMax LimitMax TermInterest Rate
Home Equity$75,000.0015 years5.9%
Home Equity$75,000.0010 years5.4%
Home Equity$75,000.005 years3.9% (10% equity)
Home Equity$75,000.005 years2.9% (30% equity)
 
Auto Loans:
New 2021-2020$35,000.006 years4.9%
Used 2020-2018$35,000.005 years5.9%
Used 2017-2016$35,000.004 years6.9%
Used 2015- 2014$35,000.004 years9.0%
Used 2013$35,000.003 years15.0%
 
RV / Travel Trailer$75,000.0015 years5.9%
RV / Travel Trailer$75,000.0010 years4.9%
RV / Travel Trailer$75,000.005 years3.9%
 
Unsecured Loans$2,500.003 years15.0%
Loan Committee meets every Wednesday at 1:00 PM. To have loans reviewed for that day ALL required information listed above MUST be received by 11:00 AM Wednesday. Meeting days may change due to Holidays.

UFCW Local23