|
 |
Loan Rates Effective As of May 1, 2008
|
Credit Rating
|
Level 1
|
Level 2
|
Level 3
|
Level 4
|
|
FICO Score
|
760+
|
700-759
|
640-699
|
639 & Lower
|
 Vehicle Loans
| Vehicle Loan Rates |
Financing Up to
|
Level 1 APR
|
Level 2 APR
|
Level 3 APR
|
Level 4 APR
|
| New & Used Auto, Truck, Van, SUV ('06-'09) |
100%
|
4.99%*
|
5.99%*
|
7.99%*
|
10.99%*
|
| New & Used Hybrid Vehicle ('06 - '08) |
100%
|
4.49%*
|
5.49%*
|
7.49%*
|
10.49%*
|
| Used Auto, Truck, Van, SUV ('02 - '05) |
100%
|
6.99%*
|
7.99%*
|
9.99%*
|
12.99%*
|
| Used Hybrid Vehicle ('02-'05) |
100%
|
6.49%*
|
7.49%*
|
9.49%*
|
12.49%*
|
| Used Auto, Truck, Van, SUV ('01 & Older) |
80%
|
7.99%*
|
8.99%*
|
10.99%*
|
13.99%*
|
| New RV, Motorcycle or Boat |
80%
|
8.99%*
|
9.99%*
|
11.99%*
|
14.99%*
|
Loan rates are based on several factors, including loan type amount of loan, term, and credit rating. *The rates quoted in the tables contained on this page represent the Annual Percentage Rate of the loan with Auto Pay of a 0.50% discount rate, reducing the regular APR for those member who elect to repay their loans through payroll deduction, transfer from a Cal Poly Federal Credit Union Account or ACH processing. Rates are subject to change.
Signature Loans
| Loan Type |
Loan Amounts Up to $
|
Level 1
|
Level 2
|
Level 3
|
Level 4
|
Summer Loan Special
12 Month term (6/1-8/31) |
Up to $3,000 |
6.99%*
|
6.99%*
|
9.99%*
|
9.99%*
|
| Share or Certificate Secure |
Up to 100% of Account Balance |
3.00%
over rate
|
3.00%
over rate
|
3.00%
over rate
|
3.00%
over rate
|
|
Computer
|
Up to $3,000
|
11.99%*
|
12.99%*
|
14.99%*
|
17.99%*
|
| Signature Loan |
Up to $20,000 |
11.99%*
|
12.99%*
|
14.99%*
|
17.99%*
|
| Open-End Line of Credit |
Up to $20,000 |
11.99%*
|
12.99%*
|
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|
----------
|
Bronco Share Certificate
|
Term
|
Age Limit
|
Minimum Balance
|
Minimum Deposit
|
Rate
|
APY**
|
|
12 Month
|
25 or younger
|
$100
|
$25
|
1.85%
|
1.86%
|
| **APY = Annual Percentage Yield. If the rate remains the same on the account for one year and all dividends remain in the account, the yield will be the rate earned for the certificate. |
Share Certificates
|
Term
|
Minimum Balance
|
Rate
|
APY**
|
|
3 Month
|
$2,500
|
1.65%
|
1.66%
|
|
3 Month
|
$10,000
|
1.70%
|
1.71%
|
|
3 Month
|
$25,000
|
1.95%
|
1.96%
|
|
3 Month
|
$50,000
|
2.00%
|
2.02%
|
|
|
|
|
|
|
6 Month
|
$2,500
|
1.85%
|
1.86%
|
|
6 Month
|
$10,000
|
1.90%
|
1.91%
|
|
6 Month
|
$25,000
|
2.15%
|
2.17%
|
|
6 Month
|
$50,000
|
2.20%
|
2.22%
|
|
|
|
|
|
|
12 Month
|
$2,500
|
2.05%
|
2.07%
|
|
12 Month
|
$10,000
|
2.10%
|
2.12%
|
|
12 Month
|
$25,000
|
2.35%
|
2.37%
|
|
12 Month
|
$50,000
|
2.40%
|
2.42%
|
|
|
|
|
|
|
18 Month
|
$2,500
|
2.30%
|
2.32%
|
|
18 Month
|
$10,000
|
2.35%
|
2.37%
|
|
18 Month
|
$25,000
|
2.60%
|
2.63%
|
|
18 Month
|
$50,000
|
2.65%
|
2.68%
|
|
|
|
|
|
|
24 Month
|
$2,500
|
2.45%
|
2.47%
|
|
24 Month
|
$10,000
|
2.50%
|
2.53%
|
|
24 Month
|
$25,000
|
2.75%
|
2.78%
|
|
24 Month
|
$50,000
|
2.80%
|
2.83%
|
|
Bump-Up the Rate Program - Invest in a certificate of deposit at the current rate and if interest rates increase during the term of your account, you can "Bump-Up" to the higher interest rate. Your account will then earn the higher rate for the balance of it's term. You are allowed to "Bump-Up" once during your term.
|
IRA Investments
|
Type
|
Minimum Balance
|
Rate
|
APY**
|
|
IRA Certificate
|
$2,500
|
2.05%
|
2.07%
|
| |
$10,000
|
2.10%
|
2.12%
|
| |
$25,000
|
2.35%
|
2.37%
|
| |
$50,000
|
2.40%
|
2.42%
|
|
IRA Shares
|
$100 (allows additions)
|
1.00%
|
1.01%
|
| **APY = Annual Percentage Yield. If the rate remains the same on the account for one year and all dividends remain in the account, the yield will be the rate earned for the certificate. |
|
