| Loan
Type/Security |
Maximum
Loan |
Maximum
Financed |
Maximum/Minimum
Repayment |
Annual
Percentage Rate Finance Charge (APR) |
Visa
Classic
Visa Secured
Visa Gold
Student Visa |
N/A |
| $5,000 |
|
$10,000 |
|
$20,000 |
|
$5,000 |
|
Min.
monthly payment: Either 3% Visa Classic, Visa
Secured & Student Visa or 4% Visa Gold of
your total new balance or $10.00 Classic
Secured or $50.00 Gold whichever is greater.
See agreement for full details. |
|
| Certificate Secured |
N/A |
Value of Certificate(s) pledged |
Term of Loan not to exceed the earliest maturity
date of Certificate(s). |
Rate charged will be 2.00& above dividend rate paid.
Minimum 3.00%. |
| Mortgages:
1st Trust |
$300,700.00 |
$300,700.00 |
30
Years |
Please
Contact our Mortgage department on
202-488-5400 EXT. 413 or 1-800-742-5582 EXT.
413. |
| Home
Equity |
$100,000.00 |
$100,000.00 |
Minimum
Monthly Payment: 1.7% of the outstanding
balance or $170.00, whichever is greater. |
6.00%
(Prime of 4.00% as printed in the Wall Street
Journal on the last day of the previous
quarter plus 2% margin if member pays the
settlement costs.) 7.00% (Prime of 4.00 as
printed in the Wall Street Journal on the last
day of the previous quarter plus 3% margin if
Credit Union pays the settlement costs) |
| Share
Draft Overdraft |
$2,500.00 |
N/A |
Monthly
payment will be $15.00 for each $500.00 or
fraction of $500.00 of your loan balance. |
16.50% |
| Line
of Credit |
$35,000.00 |
$35,000.00 |
See
Addendum* |
See
Addendum* |
| CREDIT REBUILDER: |
For all Credit Rebuilder Advances, the APR (Annual Percentage Rate) will be increased by 4.00%. Please ask the Credit Union
for additional information regarding this special program. The Credit Rebuilder program rate does not apply to our LOC, Visa,
or SDOD Loan Sub acounts. |
| DEBT CONSOLIDATION LOANS: |
For all debt consolidation loans, if the debt ratio is over 40% after the consolidation,
the interest rate will increase by 2.50% |
| Federal
Family Education Loan Program |
Federal
Stafford and Federal Plus Loan Available.
Please Contact Our
Student Loan Officer.
|
