LOUP ECU Loan Rates
Savings
Term
Rate
Certificate of Deposit
6 Months
3.00%
Certificate of Deposit
12 Months
3.75%
Risk Based Loan Rates
Effective February 8, 2006, LOUP ECU has begun a risk based rate program in order to better serve the overall customer base. Those with better credit scores and a stronger credit history will enjoy lower rates than higher risk applicants in order to ensure long term profitability for the Credit Union and all of its members.
Loan types and rate ranges are listed below and will vary for each member. Please call the credit union for your specific individual loan rate.
Loan Type
Term
Rate
New Automobiles
36 to 72 months
4.25% to 9.75%
Used automobiles
36 to 60 months
5.25% to 10.50%
New Recreation (Boats, 4 Wheeler, etc.)
36 to 72 months
5.50% to 11.00%
Used Recreation (Boats, 4 Wheeler, etc.)
36 to 60 months
6.50% to 11.75%
Home Equity / Second Mortgage
Up to 90% for up to 10 years
5.0%-9.50%
Unsecured Signature Loans
Open or Closed end available
8.50%-17.15%