RATES & FEES
New
Car Loans
A new car is
defined as being less than 2 months old, has less than 2000 miles
or has not been
previously titled.
|
Rate |
TERM |
|
4.75% |
for up to 36
months |
|
5.00% |
for up to 48
months |
|
5.25% |
for up to 60
months |
|
5.50% |
for up to 72
months |
|
|
|
Used
Car Loans
|
Rate
|
YEAR |
TERM |
|
5.5% |
2007 or
newer |
for up to 72
months |
|
6.5% |
2006 |
for up to 60
months |
|
7.5% |
2005 - 2004 |
for up to 48
months |
|
8.5% |
2003 - 2001 |
for up to 48
months |
Evergreen Park Schools Federal Credit Union must be named as lien
holder on your vehicle title and insurance. The Evergreen Park Schools Federal
Credit Union must also have in possession the vehicle title and copy of your
insurance declaration in your loan file.
Share Secured Loans
Shares
must fully cover outstanding loan balance
|
Rate |
TERM |
|
5.0% |
for
up to 72 months |
Unsecured Signature Loan
|
Rate |
Maximum $$ |
TERM |
|
9.5% |
$6,000.00 |
for up to 36
months |
Rates are
subject to change without notice.
Save
.25% on any loan by paying through payroll deduction.
Share / Savings Rates
The dividend rate and the annual
percentage yield may change every dividend period. We may change the
dividend rate for your account as determined
by the Board of Directors.
Dividends are paid from
current income and available earnings, after required transfer to reserves
at
the end of a dividend period.
FEE STRUCTURE
The following fees and certain other fees and
charges may be
assessed against your account.
|
Return Check
Fee |
$ 25.00 |
Per incident – deposit item or payment. |
|
Late Payment Fee |
$ 25.00 |
If
loan payment is more than 30 days late. |
|
Title Filing Fee |
$ 65.00 |
Per filing (State of |
|
Loan Rewriting Fee |
$ 25.00 |
Per
Loan |
|
Returned
ACH |
$ 25.00 |
Per incident – deposit item or payment. |