Latest Loan Rates

Get more out of your money with our fantastic loan rates.

LOAN TYPE INTEREST RATE (Reducing Balance)
New Vehicle 0.49%-0.6%
Character 1%
RORO/Used Vehicle 1%
1ST Mortgage 0.5%
2ND Mortgage 0.58%
Fully-secured 0.75%

All rates are subject to change without notice.

How does a Credit Union operate?

Investments and Interest on Loans are the credit union’s main sources of income. Expenses that offset the income include:

  • Interest paid to members due to savings
  • Operating expenses of the credit union
  • Reserves and Special Reserves for financial stability.

Posted in: General Information