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Rates >> Loan Rates

Rates effective as of December 17, 2008.

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   VEHICLES (INCLUDING RV’s):

2008 (New & Untitled)
     Base Rate*
 36 Months    6.00% APR**
 48 Months    6.25% APR
 60 Months    6.50% APR
 72 Months    6.75% APR
 

*Rate is based upon credit score     

USED
     Base Rate*
 2007 - 2006  54 Months  7.00% APR 
 2005 - 2004  48 Months  7.25% APR
 2003 - 2002  36 Months  7.50% APR
 2001 - 2000  30 Months  7.75% APR
 1999 and Older  24 Months  8.00% APR
 Classic/Older RV's  Varies  8.25% APR 
 

*Rate is based upon credit score
** APR=Annual Percentage Rate
 

OTHER LOAN INTEREST RATES: 


SHARE OR CD SECURED   3.00% APR Above Share Rate
STOCK SECURED   9.00% APR
REVOLVING CREDIT 15.00% APR
CLOSED END SIGNATURE   9.00% APR  12 months
    9.25% APR  24 months
    9.50% APR  36 months
    9.75% APR  48 months
   10.00% APR  54 months
OVERDRAFT LOANS 15.00% APR
VISA 12.50% APR Classic Visa
   VISA APPLICATION 10.50% APR Secured Visa
    8.90% APR Platinum Visa
HOME IMPROVEMENT 10.00% APR Fixed 48 Months
MORTGAGE   5.75% APR Fixed 15 Year
  5.00% APR Balloon 7 Year
  4.50% APR Balloon 5 Year
 HELOC   4.00% APR Max 15 Year 

Home Mortgages to $150,000.00 Considered on a Case-By-Case Basis
Please contact the Credit Union for a Mortgage or Home Equity Loan
application.  We are not able to take Mortgage applications online
.

RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE



Centel Credit Union
1720 Main Street/ PO Box 361
Owosso, Michigan 48867
989.725.7158
Fax: 989.725.7030
centelcu@centelcu.org