Effective Date: 05/20/2025
| Description | APR | Rate | Term |
|---|---|---|---|
| Vehicles, 2015 and newer | 5.837% | 5.79% | 66 months |
| Vehicles, 2015 and newer | 6.034% | 5.99% | 72 months |
| Vehicles, 2015 and newer | 6.769% | 6.74% | 84 months |
| Vehicles, 2014 to 2009 | 8.023% | 7.74% | 60 months |
| 2016 and newer, CU Small Class RVs | 8.902% | 8.89% | 60 months |
| 2016 and newer, CU Large Class RVs | 9.205% | 9.19% | 144 months |
| Overdraft Loans | 18.00% | 18.00% | open |
| Visa Credit Card | 11.516% | 10.95% | open |
| Signature/Personal Closed End Loans | 13.557% | 13.00% | 36 months |
| Signature/Personal Line of Credit Rate | 15.585% | 15.00% | open |
| Share Secured Loans | 4.326% | 4.00% | 60 months |
| Home Equity Line of Credit | 9.122%variable | 8.50%variable | 120 months |
| First Mortgages held by IBEWFCU | 6.578% | 5.99% | 120 months |
| Second Mortgages held by IBEWFCU | 8.103% | 7.49% | 120 months |
Applicable to all loans: The APR you receive will be based upon your credit score and services used at the credit union. Advertised rates and terms are subject to change without notice. Other requirements and restrictions my apply to your loan.
Applicable to Home Equity Line of Credit: Variable rate loan. The maximum is APR 18%. We will charge closing costs between $400 to $2000.
Applicable to fixed term loans (except Variable rate HELOCS): Example of repayment terms for a vehicle loan: A five year six month loan with a 5.79% simple rate (5.837% APR) would be 66 monthly payments of $355.11 per $20,000 borrowed. Example of repayment terms for a large recreational vehicle loan: A 12 year loan with a 9.09% simple rate (9.106% APR) would be 144 monthly payments of $686.49 per $60,000 borrowed. Example of repayment terms for a Signature/Personal Closed End Loan: A three year loan with a 13.00% simple rate (13.557% APR) would be 36 monthly payments of $84.91 per $2,500 borrowed. Example of repayment terms for a Share secured loan: A five year loan with a 4.00% simple rate (4.326% APR) would be 60 monthly payments of $46.41 per $2,500 borrowed. Example of repayment terms for a First Mortgage held by IBEWFCU: A ten year loan with a 5.99% simple rate (6.578% APR) would by 120 payments of $341.84 per $30,000 borrowed. Example of repayment terms for a Second Mortgage held by IBEWFCU: A ten year loan with a 7.49% simple rate (8.103% APR) would be 120 payments of $365.62 per $30,000 borrowed.
Applicable to Open term loans and credit cards: Click here for fees associated with your credit card.
