Loan Rates
Rates effective
May 1, 2013
| ENERGY EFFICIENCY & SOLAR LOANS |
| Energy Efficiency Loan |
Up to $25,000 |
Starting at 5.99% APR |
| Solar Loans |
Up to $50,000 |
Starting at 4.99% APR |
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| AUTO LOANS |
| New & Used Auto Loan |
2005 models and newer |
Starting at 1.89% APR |
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| TECHNOLOGY LOAN |
| METRO Tech |
Up to $2,500 |
Starting at 4.99% APR |
| |
Up to $5,000 |
Starting at 5.99% APR |
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| SIGNATURE |
| Life Loan |
Up to $20,000 |
Starting at 7.99% APR |
| Bill Consolidation |
Up to $20,000 |
Starting at 11.74% APR |
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| RECREATIONAL VEHICLE, BOAT, SPORTS CRAFT & MOTOCYCLE |
| New |
2012 models and newer |
Starting at 7.74% APR |
| Used |
2005 to 2011 models |
Starting at 8.74% APR |
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| 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 $2,000 |
| Interest Rate and Interest Charges |
|
APR for Cash Advances
|
9.11% to 10.10% |
| |
based on payment method
|
|
Paying Interest
|
You wil 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% |
