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Current Loan Rates

Auto/Motorcycle Fixed Loan Rates
Effective Date: June 1, 2024
Loan AmountTermAPR* as low as**
New Vehicles
$5,000 min up to 60 mos. 5.99%
$15,000 min 61 to 72 mos.~ 6.14%
$15,000 min 73 to 84 mos. 7.14%
Used/Refinanced Vehicles
$5,000 min up to 60 mos. 6.49%
$15,000 min 61 to 72 mos.~ 6.74%
Late Model Used/Refinanced+
$3,000 min up to 36 mos. 8.49%

If you don’t see what you need, please contact us to discuss how we can help you.
Financing Up to 125% of MSRP or NADA Clean Retail — Including tax, title and warranty products.^
All loans must be current & have satisfactory payment history.
New = never titled and less than 12,000 miles, Used = previously titled.

*APR = Annual Percentage Rate
**APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved.
~ New and Used Motorcycle loans are limited to 60 months.
^ Other conditions may apply.

+Late Model is considered older than 10 model years. Financing up to 100% of NADA Clean Retail - Including tax, title and warranty products. Other conditions may apply.

 

 

Age of Vehicle

Maximum Term/Dollar Value

Current to Five Years Old

Max. 72 months if over $15,000
Max. 60 months if over $5,000

Six and Seven Years Old

Max. 48 Months

Eight to Ten Years

Max. 36 Months

Over Ten Years Old

Max. 36 Months

Leisure Vehicle Loan Rates
Effective Date: June 1, 2024
Loan AmountTermAPR* as low as**
$15,000 min up to 84 mos. 9.49%
$40,000 min 85 to 120 mos. 10.79%
$40,000 min 121 to 144 mos. 11.29%

Includes Personal Watercraft and Snowmobiles.

*Annual Percentage Rate.
**APR is based on evaluation of applicant's credit at time of application. Your actual APR may vary. FedChoice Federal Credit Union's normal underwriting requirements apply. 
Not all will qualify for the lowest rate. Not all will be approved.

Signature Loan Fixed Rates
Effective Date: June 1, 2024

Loan Amounts to $35,000

Loan AmountTermAPR* as low as**
$500 min up to 36 months 9.99%
$2,000 min 37 tp 60 months 11.99%
* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved.

VISA® Credit Card Rates
Effective Date: June 1, 2024
TermVISA® Cash Back Credit CardVISA® PLATINUM with RewardsVISA® GoldVISA® Share Secured
Special Features Earn 1.00% Cash Back for every $1 you spend!~~ Earn 1 point for every $1 you spend~ A great FIXED rate! Secured by you!
APR* For Purchases Variable Rate As low as 15.00%** Variable Rate As low as 12.00%†† Fixed Rate from 10.00% - 18.00% Variable Rate† currently at 14.50%
Method Of Computing the Balance For Purchases Average Daily Balance Average Daily Balance Average Daily Balance Average Daily Balance
APR* For Cash Advances Variable Rate†† Variable Rate†† Fixed Rate 10.00% - 18.00% Variable Rate†
Transaction Fee For Purchases None None None None
Credit Limit $5,000 to $35,000 $5,000 to $50,000 $500 to $35,000 $300 to $5,000
Grace Period For Repayment Of the Balance For Purchases You have 27 days to repay your balance before being charged a finance charge. You have 27 days to repay your balance before being charged a finance charge. You have 27 days to repay your balance before being charged a finance charge. You have 27 days to repay your balance before being charged a finance charge.
Annual Fee None None None None

* APR = Annual Percentage Rate. APR is based on evaluation of applicant’s credit at time of application. Actual APR may vary. FedChoice Federal Credit Union’s normal underwriting requirements apply.
~ Cash advances and transfers do not qualify for Platinum Rewards points. Points can be redeemed for a variety of travel and merchandise awards, but NOT cash.
~~Cash advances and transfers do not qualify for earning 1.00% Cash Back.
†† Variable rate is based on The Wall Street Journal Prime plus 3.50% to 9.00%. Rate may be adjusted monthly and depends upon applicant’s creditworthiness at time of application.
** Variable rate is based on The Wall Street Journal Prime plus 7.00% to 17.00%. Rate may be adjusted monthly and depends upon applicant’s creditworthiness at time of application.
† Variable rate is based on The Wall Street Journal Prime plus 7.00% - rate adjusted semi-annually. Share Secured VISA® requires a deposit of 110% of credit limit.

Line of Credit Loan Rates
Effective Date: June 1, 2024

Loan Amounts $300 to $20,000

Loan TypeAPR* as low as**
Instant Line-of-Credit (variable)† 12.00%

† Base rate derived from The Wall Street Journal Prime Rate plus 4%. Other tiers apply. Rate adjusted monthly. Not all will qualify for the lowest rate. Not all will be approved.

* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary.

Share Secured Loans
Effective Date: June 1, 2024
Loan TypeTermAPR*
Share Secured Loan (variable)†§ up to 84 mos. 3.20%
Amount of funds securing the loan must be in Main Share Savings Account.
† Rate based on the cost of funds plus 3%. (Cost of funds is the basic savings account dividend rate for balances >= $2,500.00.) Rate adjusted semi-annually. This loan is not eligible for discounts. 
§ Minimum loan amount $300.00/Maximum loan amount $50,000.00
* Annual Percentage Rate

Home Equity Line of Credit
Effective Date: June 1, 2024
Loan TypeTermAPR* as low as**
Gold (90% CLTV)†o Revolving 8.50%
Classic (90% CLTV)§o Revolving 8.00%

CLTV = Combined Loan to Value.
†Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Gold Home Equity Line-of-Credit is subject to a floor of 3.50% APR. With HELOC Gold, you have the option to pay Interest Only for the first 10 years.

§Variable rate is based on The Wall Street Journal Prime. Rate adjusted monthly. The Classic Home Equity Line-of-Credit is subject to a floor of 3.50% APR.
On average, closing costs may vary depending upon the amount of the loan, terms, property value, etc. Consult your tax advisor regarding the ability to deduct interest and charges.

* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved.

Smart Choice Home Equity Fixed Interest Rates
Effective Date: June 1, 2024
Loan TypeTermAPR* as low as**
5 Year (80% LTV)†^ 60 months 7.74%
5 Year (90% CLTV)†± 60 months 9.99%
10 Year (80% LTV)‡^ 120 months 7.99%
10 Year (90% CLTV)ౠ120 months 10.24%
15 Year (80% LTV)‡^ 180 months 8.24%
15 Year (90% CLTV)ౠ180 months 10.49%
20 Year (80% LTV)‡^ 240 months 8.24%
20 Year (90% CLTV)ౠ240 months 10.49%
* Annual Percentage Rate
** APR is based on evaluation of applicant's credit. Your actual APR may vary. Not all will qualify for the lowest rate. Not all will be approved.
Owner-occupied primary residence. 1st or 2nd lien, no pre-payment penalty.
† Borrow $5,000 to $500,000.
‡ Borrow $10,000 to $500,000.
^ 1st lien Smart Choice Home Equity Fixed Rate loans are limited to a maximum loan to value of 80%.
± Not applicable to 1st liens for Smart Choice Home Equity Fixed Rate loans.