Vehicle Loans
VEHICLE LOANS New and Used
Autos & Motorcycles (2020 & Newer)
| APR* as low as | Term | 2 Payment example |
|---|---|---|
| 5.49% ** | 36 months | $301.90 |
| 5.99% ** | 60 months | $193.28 |
| 6.50% ** | 72 months | $168.10 |
| 6.65% ** | 84 months | $149.23 |
| 8.99% ** | 120 months*** | $126.63 |
Autos & Motorcycles (2017 – 2019)
| APR* as low as | Term | 2 Payment example |
|---|---|---|
| 5.49% ** | 36 months | $301.90 |
| 5.99% ** | 60 months | $193.28 |
| 6.50% ** | 72 months | $168.10 |
| 7.00% ** | 84 months | $150.93 |
Autos & Motorcycles (2016 & Older)
| APR* as low as | Term | 2 Payment example |
|---|---|---|
| 6.99% ** | 36 months | $308.82 |
| 8.09% ** | 60 months | $203.27 |
| 8.59% ** | 72 months | $178.31 |
| 9.09% ** | 84 months | $161.43 |
*APR=Annual Percentage Rate. **Rate disclosed with an asterisk (**) represents the lowest possible APR for that Auto Loan. ***Term for vehicles 2020 and Newer. Rate based on credit worthiness, term and other conditions. Contact us to determine your qualifying APR. Secured loan terms between 61 – 72 months – $10,000 minimum amount financed. Secured loan terms between 73 – 84 months – $20,000 minimum amount financed. Secured loan terms between 85 – 120 months – $30,000 minimum amount financed. Rates for vehicles older than 12 model years or over 120,000 miles will be higher than those shown below. ²Payment example given is the monthly payment per $10,000 borrowed for the rate and term specified. A .25% discount off your qualifying APR is available. Member must enroll in auto payment to qualify for the .25% discount. The minimum rate with any discount is 5.99% APR(APR will not increase after consummation).
Boats, RVs, Trailers, etc.
| APR* as low as | Term | 2 Payment example |
|---|---|---|
| 10.00% ** | 0-60 months | $212.44 |
| 11.00% ** | 61-72 months | $190.32 |
| 11.25% ** | 73-84 months | $172.53 |
| 12.25% ** | 85-120 months | $144.92 |
*APR=Annual Percentage Rate. **Rate disclosed with an asterisk (**) represents the lowest possible APR for that loan. Rate based on credit worthiness, term and other conditions. Contact us to determine your qualifying APR. Secured loan terms between 61 – 72 months – $15,000 minimum amount financed. Secured loan terms between 73 – 84 months – $20,000 minimum amount financed. Secured loan terms between 85 – 120 months – $30,000 minimum amount financed. ²Payment example given is the monthly payment per $10,000 borrowed for the rate and term specified. A .25% discount off your qualifying APR is available. Member must enroll in auto payment to qualify for the .25% discount. The minimum rate with any discount is 10.00% APR (APR will not increase after consummation).
Use the Loan Calculator to estimate your monthly payment.
Personal Loans
PERSONAL LOANS
| APR* as low as | Term | 2 Payment example |
|---|---|---|
| 9.50% ** | 60 months | $21.01 |
*APR=Annual Percentage Rate. **Rate disclosed with an asterisk (**) represents the lowest possible APR for a Personal Loan. Rate based on credit worthiness, term and other conditions. Contact us to determine your qualifying APR. ²Payment example given is the monthly payment per $1,000 borrowed for the rate and term specified. A .25% discount off your qualifying APR is available. Member must enroll in auto payment to qualify for the .25% discount. The minimum rate with any discount is 8.50% APR (APR will not increase after consummation).
Use the Loan Calculator to estimate your monthly payment.
CREDIT BOOST LOANS
| APR* | Term | 2 Payment example |
|---|---|---|
| 18.00% ** | 12 months | $91.69 |
Minimum loan amount is $500 – Maximum loan amount is $1000. Borrower must be a member of the Credit Union in good standing for at least six (6) months. Limit of three (3) Credit Boost loans during six (6) month time frame, per member and you may only borrow one Credit Boost loan at a time. Must provide proof of income. Minimum income of $1000/month is required. APR (Annual Percentage Rate) is set at 18%. A $1000.00 Credit Boost Loan for a term of 12 months with an 18% APR, the monthly payment will be $91.69. $20 non-refundable application fee (payable with application or added to the principal of the loan).
Use the Loan Calculator to estimate your monthly payment.
SHARE SECURED LOANS
| APR* | Term | 2 Payment example |
|---|---|---|
| 5.49% | 36 months | $30.19 |
| 5.99% | 60 months | $19.33 |
| 6.50% | 72 months | $16.81 |
| 6.65% | 84 months | $14.93 |
*APR=Annual Percentage Rate. 2Payment example given is the monthly payment per $1,000 borrowed for the rate and term specified. A .25% discount off your qualifying APR is available. Member must enroll in auto payment to qualify for the .25% discount. The minimum rate with any discount is 5.99% APR (APR will not increase after consummation).
Use the Loan Calculator to estimate your monthly payment.
ADDITIONAL LOANS
| Loan Type | APR* |
|---|---|
| Overdraft Protection Loans | 12.00% |
*APR = Annual Percentage Rate. All loan rates subject to change without notice. All loans are subject to credit approval. Certain terms and conditions may apply. Americo FCU membership is required. Membership Share $5.00 par value (par value is not a fee). Contact a loan officer for additional information at (814) 899-6608. Finance charge based off of APR and total loan amount ($1000.00 max).
| Loan Type | APR* |
|---|---|
| Mastercard Credit Card No annual fee | 6.75% to 18.00% when you open your account, based on your creditworthiness |
| Balance Transfers | 6.75% to 18.00% based on your creditworthiness |
| Cash Advances | 6.75% to 18.00% based on your creditworthiness |
*APR=Annual Percentage Rate. Your APR will be based on your creditworthiness at the time you open your account. Americo FCU membership is required. Membership Share $5.00 par value (par value is not a fee). All loan rates subject to change without notice. All loans are subject to credit approval. Certain terms and conditions may apply. Contact a loan officer for additional information at (814) 899-6608.
Mortgage Loans
MORTGAGE LOANS
Mortgage loans are limited to primary residences located in Erie and Crawford Counties in PA. Property insurance is required. Mortgage application fees from $500 to $650 apply. Maximum loan-to-value of 80%. Interest on mortgage loans may be tax deductible, consult a tax adviser. Contact loan department for additional information. Americo FCU membership is required. Membership Share $5.00 par value (par value is not a fee). For more information on mortgage interest rates, limits, or fee schedule, please contact the loan department at (814) 899-6608. Americo Federal Credit Union is an Equal Housing Lender licensed by the National Licensing System under NMLS #565406.
Second Mortgage (Fixed rate, closed-end loan)
| APR* 80% equity | Term | Payment Example² |
|---|---|---|
| 5.99% | 60 months | $191.31 |
| 6.74% | 120 months | $114.80 |
| 6.99% | 180 months | $89.86 |
*APR = Annual Percentage Rate. Minimum loan amount is $10,000.00 ²The payment example given is the monthly payment per $10,000.00 borrowed for the rate and term specified and does not include taxes and insurance premiums. Your payment may be greater. Use the Loan Calculator to estimate your monthly payment.
Home Equity (Variable rate***, open-end loan)
| APR* 80% equity | Term | Payment Example² |
|---|---|---|
| 8.00% | up to 120 months | $121.34 |
*APR = Annual Percentage Rate Minimum loan amount is $10,000.00. ***Home Equity Loans are variable rate loans – rate based on Prime Rate published in the Wall Street Journal. Rate is subject to change quarterly. The annual percentage rate may increase after consummation of the Home Equity Line of Credit. The maximum annual percentage rate for a Home Equity Line of Credit that can apply is 18.00% or the maximum permitted by law, whichever is less – the minimum floor annual percentage rate that can apply is 1.00%. Property insurance is required. Americo FCU membership is required. Mortgage application fees from $500 to $650 apply. Membership Share $5.00 par value (par value is not a fee). Interest on mortgage loans may be tax deductible, consult your tax adviser. For more information on mortgage interest rates, limits or fee schedules, please contact the loan department. ²The payment example given is the monthly payment per $10,000 borrowed for the rate and term specified and does not include taxes and insurance premiums. Your payment may be greater. Use the Loan Calculator to estimate your monthly payment.
