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- The Miami Valley Credit Union Scholarship applications are here! Here is a chance for you to apply for $1,000 scholarship to help offset the costs of college tuition. Applications are available under Important Information to the left.
- Sallie Mae and your credit union have partnered in order to offer you private student loans. Click here to learn more or apply!
- Looking for FREE ATMS close to your home or work?Click here! And remember you can get cash back for FREE at many merchants in the area.
Rates
Loans Rates Sheet
Rates Effective: January 31, 2012
Vehicle
Loans (Including motorcycles, boats, campers and motor homes)1 |
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| New and Used | as low as 4.0% APR* | up to 72 months* | |
| New and Used > $30,000 | as low as 5.00% APR* | up to 84 months* | |
Recreational Vehicles (Motor homes, travel trailers
and boats)1 |
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| 2007 - 2011 > $30,000 | as low as 5.00% APR* | up to 120 months* | |
| 2006 and older > $30,000 | as low as 5.00% APR* | up to 84 months* | |
Personal Loans1 |
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| as low as 6.50% APR* | up to 36 months* | ||
Share Secured Loans |
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| Shares | 2% above dividend paid on regular Shares*3 | ||
| Share Certificates | 2% above dividend paid on Share Certificate*3 | ||
Second Mortgage Loans (minimum
loan amount $5,000)1 |
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| Fixed Rate | as low as 4.50% APR* | up to 60 months* | |
| Fixed Rate < 80% LTV** | as low as 5.50% APR* | 61-120 months* | |
| Fixed Rate < 80% LTV** | as low as 6.0% APR* | 121-180 months* | |
| Fixed Rate <80% LTV** | as low as 6.5% APR | 181-240 months* | |
| Fixed Rate > 80% LTV** | as low as 6.00% APR* | 61-120 months* | |
Home Equity Line of Credit
(HELOC)4 |
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| Variable Rate < 80% LTV** | Prime Rate | ||
| Variable Rate > 80% LTV** | Prime Rate + 2%- | ||
Dayton Firefighters VISA Cards2 |
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| Purchases | Variable rate based on credit score | ||
| Cash Advances | Variable rate based on credit score | ||
| ** LTV = Loan to Value | |||
| * APR = Annual Percentage Rate | |||
| 1 Interest rates are subject to type of loan, credit score, terms, and borrower's credit history. All rates are subject to change. Other conditions may apply. New vehicles are current model year and three previous years. The model year of the vehicle along with credit score may affect term and rate. | |||
| 2 Default APR of Maximum Rate (18%) after two consecutive months in default | |||
| 3 Adjustable Rate: Share Certificate – The Annual Percentage Rate (APR) will be the dividend rate being paid on the Certificate offered as security (Index) plus 2.0%. The Certificate must be renewed until the advance is completely paid. Failure to renew will result in default under the Plan. When the Certificate is renewed the APR will change to reflect the new dividend rate. When the APR increases, you will have the choice of choosing higher payments or keeping your payment the same, which results in more payments than if you choose to increase your payment amount. The present APR will be disclosed on the voucher at the time of the advance; Regular Shares – The Annual Percentage Rate (APR) for share secured advances will be the dividend rate being paid on regular shares (Index) on the date of the advance plus 2.0% If there is an existing balance on the date of the new advance, the existing balance will be added to the new advance and the entire balance will be at the new APR. The rates are subject to change on the first day of every month to reflect any change in the index. Any increase in the APR will take the form of more payments of the same amount until what you owe has been repaid. | |||
| 4 HOME EQUITY: Minimum payments are 2% or $100.00,
which ever is greater. Annual fee of $25.00; waived for balances over $5000.00. Maximum APR of 18%. Finance charges begin accruing immediately after the advance or purchase. There is no grace period. HELOC is based on the prime rate. The annual percentage rate may vary. Prime is determined on the first day of the last month before a new quarter begins. The prime rate as of March 1, 2007 was 8.25% APR. Average closing costs of $252.00. Home Owners insurance is required on all second mortgage loans and HELOC loans. |
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| 5 Second Mortgage: Loans are at a fixed rate for a minimum of $5,000 and a maximum of $150,000. Interest rates are subject to credit score, LTV, loan term, and borrower's credit history. All rates are subject to change. Other conditions may apply. | |||
| LATE CHARGES: If you are more than 10 days late in making a payment, you will pay a late charge of $25.00. | |||
| COLLECTION COSTS: You promise to pay all costs of collecting the amount you owe under this Agreement to the extent permitted by state law | |||
