Rates Effective April 6, 2020

  • Auto and Recreational Loans
      Fixed APR
    New Auto 1.99%* - 14.75%
    Used Auto 2.49% - 18.00%
    New Boat, Motor, Trailer 4.99% - 17.50%
    Used Boat, Motor, Trailer 5.25% - 18.00%
    New or Used Motor Home 4.99% - 18.00%
    New Camper or Motorcycle 4.99% - 17.50%
    Used Camper or Motorcycle 5.25% - 18.00%

    Rates effective as of April 6, 2020 and are the Credit Union's best rates. Rates may vary depending on each borrower's credit history and underwriting factors.

    *Must purchase a new auto, or refinance a new auto from a financial institution other than 7th Trust Bank. Pay as low as 1.99% on your auto loan with 36 monthly payments of $287.00 for each $10,000 borrowed. New vehicle securing the loan must be current or previous model year and have 10,000 miles or less. See your loan officer for more details or for information on financing used autos. Rates, terms, and conditions subject to change without notice.

  • Personal Loans
      Fixed APR
    Personal Line of Credit 8.90% -18.00%
    Personal Loan 8.90% - 18.00%
    Educational Loan 2.50% - 12.25%

    Rates effective as of April 6, 2020 and are the Credit Union's best rates. Rates may vary depending on each borrower's credit history and underwriting factors. Rates, terms and conditions are subject to change without notice.

  • Credit Cards
      APR on Purchases and Cash Advances1 APR on Balance Transfers2
    Platinum Visa Credit Card 11.35% - 17.65% 4.85% - 8.85%
    Preferred No Frills Visa Credit Card 9.35% - 17.65% 4.85% - 8.85%
    Visa Signature Credit Card 12.35% - 17.90% 4.85% - 8.85%

    1 Qualifications for any of 7th Trust Bank Credit Card Accounts are based on the credit union's criteria, including applicant's income and credit history. If you are approved for a 7th Trust Bank Credit Card, your monthly statement will indicate the APR assigned to your account. APR ranges will vary with the market based on the Prime rate. Rates, terms and conditions determined by an evaluation of credit history and underwriting factors and are subject to change.
    2 Rate reduction only applies to balances transferred from April 1, 2020 to September 30, 2020. Special “introductory” rates will apply and remain in effect as to these specific balance transfers for 6 months from the date of the transaction. After 6 months from the date of the transaction, the special “introductory” rate will revert to the regular rate of interest in force on your account. This promotion and special rate does not apply to purchases or cash advances, or any transaction involving any payment to an existing loan at 7th Trust Bank. If, during the life of this promotional balance, the 7th Trust Bank Visa account becomes sixty (60) days delinquent, the promotional balance will revert to the normal rate of interest. Except as specifically provided, all terms and conditions of your existing agreements with the credit union remain in full force and effect. Rates, terms and conditions determined by an evaluation of credit history and underwriting factors are subject to change.
    Platinum Credit Cards Agreement and Disclosure statement
    Preferred No Frills Visa Credit Cards Agreement and Disclosure statement
    Visa Signature Credit Cards Agreement and Disclosure statement

  • Home Equity Line of Credit
      Fixed APR Variable APR Origination Fee
    Home Equity Line of Credit n/a 3.25% - 9.25% 0.00%

    Home Equity rates based on the prime rate which is the highest prime rate published in the Money Rates Table of the Wall Street Journal. Prime is a variable rate; as it changes, the APR on your account will also change. The APR will be based on the prime rate plus a margin of up to 6.00%. The maximum APR that can apply is 18.00%. Credit is subject to approval and your APR may vary based on evaluation of credit. A home equity line of credit is secured by a first or second mortgage lien on your primary home, which must be a one-to four- family residential real estate. This type of credit is not available for single-wide mobile homes or cooperatives. The minimum line of credit amount is $10,000.00 (estimate). All closing costs are the sole responsibility of the borrower and may vary up to $1,000.00. Flood and/or property hazard insurance may be required. Other restrictions may apply. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

  • Mortgage Loans
      LTV Origination Fee Rate APR Payment* Payment at Max Interest Rate
    15 Year Fixed Up to 90% 1% 3.00% 3.17% $414.43  
    20 Year Fixed Up to 90% 1% 3.50% 3.63% $348.07  
    7/1 Adjustable Rate Up to 90% 1% 2.50% 2.59% $237.14 In 10th year $388.48
    15/15 Adjustable Rate Up to 90% 1% 3.25% 3.34% $261.22 In 16th year $382.67
    5/5 Adjustable Rate Up to 90% 1% 3.00% 3.09% $253.06 In 16th year $371.80
    Double Wide Mobile Home Up to 90% 1% 4.50% 4.64% $379.72 In 4th year $559.30
    7/1 Adjustable First Time Homebuyer Up to 100% 0% 4.25% 4.27% $295.31 In 10th year $468.34

    *Payment Examples based on a $60,000.00 loan.

    Rates are current as of April 6, 2020 and are the Credit Union's best rates. Other rates and terms vary depending on the type of loan, loan to value ratio, credit evaluation and underwriting requirements. For variable rate mortgage products, APR is subject to increase or decrease. Flood, property insurance, and taxes, if applicable, are not calculated in the payment example. Actual payment obligation will be greater if an escrow account is required. All Credit Union loan programs, rates, terms and conditions are subject to credit approval and may change at any time without notice.

    All rates will vary depending on individual creditworthiness and the Credit Union's underwriting standards.