Loan interest rates are set in accordance with policies established by the Board of Directors. We consider a number of factors, including the cost of funding the loan, the security offered, the repayment term and the general level of market rates. Since loan interest rates may fluctuate based upon market conditions, we do not guarantee the rate until the loan is approved. Interest Lock-in rate is available for our mortgage loans.
How does the Credit Union set its loan rates? Print
Modified on: Tue, 2 Apr, 2024 at 12:51 PM
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