Loans

If you are interested in a loan, please contact Roger or Wendy at (570) 825-9950.  Loans are disbursed by pre-scheduled appointment in our Wilkes-Barre office, and in many cases you can leave with the check!  Please note that rates are subject to change without prior notice.

Signature Loans Annual Percentage Rate
0-24 Months 7.90%
25-36 Months 8.50%
37-48 Months 9.25%
49-60 Months 9.90%
Vehicle Loans (2016 & Newer)
24 Months 2.25%
36 Months 2.75%
48 Months 3.25%
60 Months 3.50%
Available with Mileage Under 20,000:
48 Months with 24 Month Balloon 2.49%
72 Months with 36 Month Balloon 2.99%
72 Months 3.99%
Vehicle Loans (2014 & 2015)
24 Months 2.25%
36 Months 2.75%
48 Months 3.25%
60 Months 3.50%
Vehicle Loans (2011, 2012, & 2013)
36 Months 3.90%
48 Months 4.25%
60 Months 4.50%
Vehicle Loans (2008, 2009 & 2010)
(Vehicle must have a book value of at least $7,000.)
36 Months 4.50%
48 Months 4.90%
Vehicle Loans (2006 & 2007)
(Vehicle must have a book value of at least $6,000 and meet eligibility criteria.)
36 Months 4.75%
48 Months 5.25%
100% Share Secured Loans
24 Months 2.25%
48 Months with 24 Month Balloon 2.49%
36 Months 2.75%
72 Months with 36 Month Balloon 2.99%
48 Months 3.25%
60 Months 3.50%
72 Months 3.99%
84 Months with 42 Month Balloon 4.50%
84 Months 5.50%
50% Share Secured Loans
36 Months 5.75%
48 Months 6.25%
60 Months 6.75%
Home Equity Loans ($15,000-99,999)
Fixed Terms:
36 Months 3.50%
48 Months 3.75%
60 Months 3.90%
72 Months 4.75%
84 Months 4.90%
72 Months with 3 Year Balloon 3.50%
108 Months with 3 Year Balloon 3.90%
144 Months with 3 Year Balloon 3.90%
96 Months with 4 Year Balloon 4.25%
144 Months with 4 Year Balloon 4.25%
120 Months with 5 Year Balloon 4.25%
180 Months with 5 Year Balloon 4.50%
144 Months with 6 Year Balloon 4.90%
168 Months with 7 Year Balloon 4.90%
Home Equity Loans $100,000 and Over
Possibly available with approval by the Board of Directors at fixed rates for entire term if desired.

Home Equity Loan Application Fees:

 $15,000-24,999:          $250 with appraisal / $75 without appraisal

$25,000-39,999:          $200 with appraisal / $75 without appraisal

$40,000-59,999:          $150 with appraisal / $50 without appraisal

$60,000 and up:          Free for terms of 6 years or more / Free without appraisal
$100 with appraisal for terms of 5 years or less

 No fees will apply for balloon rewrites where no new money is being loaned.
If new money is taken at the time of balloon refinance, an application fee will be charged if a new appraisal is required.  A new appraisal is required if the one on file is over 5 years old.

equal housing lender

APR = Annual Percentage Rate

POLICIES AND FINE PRINT:

Applicants must leave at least 5% of the loan balance on deposit in regular shares up to a maximum of $100.00.

Signature Loans:
Signature loan limits are subject to your income level.  A co-maker may be required.

Vehicle Loans:
We can finance:
95% of the selling price excluding fees & taxes for new cars **
95% of the N.A.D.A. retail value for 2016, 2015, or 2014 model years
90% of the N.A.D.A. retail value for 2013, 2012, or 2011 model years
85% of the N.A.D.A. retail value for 2010, 2009, 2008, 2007, or 2006 model years
**  Manufacturer rebates count toward the 5% down.  Dealer discounts do not.

Home Equity Loans:
The Credit Union must be the first OR second mortgagee for all home equity loans.  You may wish to pay off an existing mortgage or mortgages to consolidate payment or lower your interest rate.