Central Willamette Community Credit Union

Fixed Consumer Loan Rates

EFFECTIVE: May 1, 2013

Fixed Loan Type		** Annual Percentage Rate	Months	Periodic Rate Range

NOTE:  The above rate reflects a discount for Auto Pay from any Financial Institution.  Please add 0.25% if Auto Pay is not included, excluding Personal Line of Credit and Saving Secured.

Automatic Payment Discount are not available on Variable Rate Loans, Mortgage Loans or existing Central Willamette Loans.

Variable Consumer Loan Rates

EFFECTIVE: October 1, 2011

Variable Loan Type		** Annual Percentage Rate	Periodic Rate	Margin

* Available term on Consumer Loans is based on amount borrowed.

** The Annual Percentage Rate shown is a range of rates that may apply based on your credit qualifications and other pricing factors.

The Periodic Rate and ANNUAL PERCENTAGE RATE (for fixed rate loans), or the margin added to the index to determine the ANNUAL PERCENTAGE RATE (for variable rate loans), that will apply to your account may be based on a number of criteria, including your employment and residential status, current debt ratio, and your past credit experience.
Your ANNUAL PERCENTAGE RATE will be disclosed on the Funds Advance Voucher provided at the time your loan account is opened.
          

*** For savings secured loans and Goal Savers, the ANNUAL PERCENTAGE RATE is fixed, based on the interest paid on the savings account, plus 3.00 percentage points rounded up to nearest whole.  Your ANNUAL PERCENTAGE RATE  will be disclosed on the Funds Advance Voucher provided at the time your loan account is opened.

**** For Certificate secured loans, the ANNUAL PERCENTAGE RATE is variable, based on the interest rate paid on the certificate account, plus 3.00 percentage points rounded up to nearest whole.  The interest rate on the loan will be adjusted any time the interest rate on the certificate accounts changes.  Your ANNUAL PERCENTAGE RATE  will be disclosed on the Funds Advance Voucher provided at the time your loan account is opened.

For Real Estate Loan rates, call (541)704-4724 or (800)950-4536 toll free.

A default Annual Percentage Rate of 24% will be applied to all revolving loans (Personal Line of Credit) that become 60 days past due.  A notice will be sent 45 days prior to the default rate change.  This default rate remains in effect until the loan has a positive repayment history for 180 days with no delinquency greater than 10 days. The Credit Union may offer other rates in the future.

 Membership requirements apply.

Consumer Loan Fee Schedule

Type of Fee	Value