Loan Rates

*APR is Annual Percentage Rate. Interest rates will be determined by a member’s individual credit score. Rates listed are for members having a credit score above 720. All Credit Union loan programs, rates, terms and conditions are subject to change without notice. Eligible discounts include a 0.25% discount when autopay is setup from your CASE Credit Union checking account by a CASE member service representative; a 0.25% discount when the applicant holds an open VISA Credit Card Account; a 0.25% discount if the applicant’s combined Direct Deposit amounts equal a minimum of $500 in either the first 30 days since loan origination or days 31-60 after loan origination; and a 0.25% discount when the applicant also holds a Term Deposit Account or Money Management Account in the amount of at least $2,000 at 60 days from the loan origination date. Qualifying activities must be completed on the same account that the loan is affixed to. All discounts may be combined up to a maximum of 1.00% rate reduction. Available on all new loans opened between July 1st 2024 and July 31st 2024 except for VISA Credit Card, EZ Money Line of Credit, Mortgages, HELOCs, Fixed Home Equities, all Commercial, Pledge and Workout Loans. Existing loans, internal refinances or Addons of existing CASE Credit Union held loans do not qualify. Rate discounts will be applied at 61 days after the loan has been originated if the qualifying reduction criteria has been completed. The final adjusted rate with discounts cannot be lower than 1.99% APR. Monthly payment will remain the same, with additional money applied as per the Loan and Security Agreement. Contact the Credit Union for details. Rate reductions will not be revoked once implemented for discontinuing the qualifying activity. You will be notified by mail of your discounted rate after review of eligibility completion at 60 days post origination date. Account must be in good standing to be eligible for rate discounts. All Credit Union loan programs, rates, terms and conditions are subject to change without notice. Subject to eligibility. Not all applicants will qualify.

1 - For example, if the APY on the share account is 0.25%, the APR on the pledge loan will be 2.25%. These are variable rate accounts. Interest is set at 2.00% above the rate being earned on the share or term deposit account. The approximate term will correspond to the length of the investment. There may be a balloon payment due at maturity of the deposit. The maximum APR that can apply for the term deposit pledge loan is 4.65% and the maximum APR that can apply for the share pledge loan is 2.25%.

2 - Proof of purchase may be required

3 - We will determine the periodic rate and the corresponding annual percentage rate (APR) as follows: - We start with an independent index (the "Index"), which is the Wall Street Journal Prime Rate and add a margin. Prime is a variable rate; as it changes the APR on your account will also change. We will use the most recent index value available to us as of the 25th of the month preceding each annual percentage rate adjustment. The APR will never be greater than 18% or the maximum rate allowed by the law, whichever is less. Any increase in the APR will result in a higher payment. Credit is subject to approval. A home equity line of credit is secured by a first or second mortgage lien on your home, which must be one-to-four family residential real estate. This type of credit is not available for modular homes, manufactured homes or cooperatives. The minimum line of credit amount is $5,000, and the minimum credit advance that you can receive is $15.00 for the first advance and $10.00 thereafter. Flood and/or property hazard insurance may be required. Other restrictions may apply. Additional Home Equity Line of Credit disclosures are located on the disclosures page. For each annual percentage rate adjustment, we will use the most recent index value available to us as of the 25th of the preceding month.