Rates

Loan Rates

 Rates effective  August 1, 2014

AUTO LOANS
New & Used Auto Loan 2006 models and newer Starting at 1.49% APR
  APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.
 
ENERGY & SOLAR LOANS
Energy Efficiency Loan Up to $25,000 Starting at 5.99% APR
Solar Loan Up to $50,000 Starting at 4.99% APR
   
SIGNATURE
Life Loan Up to $20,000 Starting at 7.74% APR
Bill Consolidation Up to $20,000 Starting at 11.74% APR
   
RECREATIONAL VEHICLE, BOAT, SPORTS CRAFT & MOTOCYCLE
New 2013 models and newer Starting at 7.74% APR
Used 2006 to 2012 models Starting at 8.74% APR
   
APR = Annual Percentage Rate. Starting rate includes a .25% discount for automatic payment. Rates are based on credit worthiness, payment method and loan term.


SHARE & CERTIFICATE SECURED LOANS
Savings Secured $100 minimum Savings Rate plus 3.00% APR
Certificate Secured $500 minimum Certificate Rate plus 3.00% APR
APR = Annual Percentage Rate. Does not qualify for rate discount.


MONEY ON REQUEST (MOR)
UP TO $15,000
Interest Rate and Interest Charges
APR for Cash Advances 11.99% to 26.24%
  based on your credit worthiness and payment method
Paying Interest You wil be charged interest from the transaction date.
Fees  
Annual Fee None
Penalty Fees
Late Payment $7
Return Payment $15

 

1010 POLICE DEPT LOAN
UP TO $2,500
Interest Rate and Interest Charges
APR for Cash Advances   9.11% to 10.10%
  based on payment method  
Paying Interest   You will be charged interest from the transaction date.  
Fees  
Annual Fee None
Penalty Fees
Late Payment $10  
Return Payment $15  


 

SPECIAL RATE DISCOUNTS
Mor Lines of Credit, Auto Loans, Signature Loans & RV Loans
Discount Products
.25% Purchase a combination of MBP, GAP, OR Debt Protection 
.50% Purchase MBP, GAP, AND Debt Protection 
.25% Select automatic payments from your METRO account 
.25% Maintain a Premier Advantage Membership
.25% Purchase your vehicle through our New Cars Inc partnership
.50% Purchase a qualifying fuel-efficient vehicle
.25% Apply online
Maximum discount cannot exceed .50%