|
Loan Rates (regular) SEE LOAN SPECIALS BELOW
APR - Annual Percentage Rate Additonal charges may be incurred related to all vehicle loans, such as late payment fees and/or security interest charges that relate to your existing policies and/or contractual agreement.(see limited time loan rates that follow this chart.)
| Type |
Term |
Annual Percentage Rate |
| New Vehicles up to 48 months |
10% down |
6.99% APR |
| Used Vehicles |
up to 48 months |
6.99% APR |
| New Vehicles 49 - 84 months |
10% down |
7.50% APR |
| Used Vehicles |
49 - 60 months |
7.50% APR |
|
|
|
| All other Secured Loans |
ex. Boats, RVs, Motorcycles, etc. |
8.00% APR |
| Signature Loans Closed and Open |
up to 36 months |
9.9% APR ** |
** can apply for up to $3,000 (available to go to $5,000 if debt ratio is below 40% and good credit history
Loan Specials (limited time only) *
* NEW LOANS ONLY, current BDFCU loans are not available to be refinanced for special rate, special rate is for limited time only.
| Type |
Term |
Annual Percentage Rate |
| New Vehicles, trucks or motorcycles *** |
up to 60 months
61 - 72 months
73 - 84 months |
4.99%
5.99%
6.99% |
|
All other New RV's, boats,campers etc. ***
|
up to 48 months
49 - 60 months
61 - 84 months |
4.99%
5.99%
6.99% |
|
Used (5 years old & newer) vehicles, trucks & motorcycles
All other Used (5 years old & newer) Rv's, boats, campers etc.
Used ( 6 years old & older - vehicles only)
|
up to 60 months
up to 48 months
up to 60 months
up to 48 months |
5.99%
5.99% *
8.00% *
8.00%
|
| All other Secured (term determined by amount borrowed) |
|
8.00%
|
| Signature Loans** (Open and Closed End Loans) |
|
9.9% |
* NEW LOANS ONLY - current BDFCU loans are not available to be refinanced for special rate. Special rate is for limited time only.
** can apply for up to $3,000, ( available to go to $5,000 if debt ratio is below 52% and member has good credit history.
*** purchase price of vehicle only. No GAP insurance or extended warranties. Loan Requirements
Loan officers look at past credit history and also do a debt ratio. To apply for a loan, call the credit union and we will send you out the loan application or fill out our online loan application and fax paystubs: 616.396.0030. Once received, fill out the application completely, sign the Note and Disclosure, and send back with a copy of a recent pay stub. As soon as we get it back, the Loan Officer will look at it. If itīs approved and everything is in order, we can send a check out the same day. Payments are due on the 25th of every month.
Savings Rates
APY - Annual Percentage Yield Effective: 05/1/08
| Accounts |
Rates |
Annual Percentage Yield |
| Shares Savings |
.50 |
.50% APY |
| Share Draft (checking) |
.25 |
.25% APY |
| Working Money |
.50 |
up to $2,500.00 earns share rate |
| $2,500.00 - 9,999.99 |
1.25% |
1.26% APY |
| $10,000.00 and over |
1.75% |
1.77% APY |
| IRA's |
3.00% |
3.04% APY | Fees could reduce earnings on savings products. See our Rate and Fee Schedule.

Big Dutch Fleet Credit Union
215 E. 25th Street
Holland, Michigan
49423
616.396.5000
Fax: 616.396.0030
info@bigdutchfleet.org
|