Rates

Loan Rates

 Rates effective  May 1, 2016

AUTO LOANS
New Auto 2013 and newer models Starting at 1.49% APR
Used Auto 2008 to 2012 models Starting at 1.74% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.
 
MOTORCYCLE LOANS
New Motorcycle 2013 and newer models Starting at 3.49% APR
Used Motorcycle 2008 to 2012 models Starting at 4.49% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.

SPECIAL RATE DISCOUNTS
Auto and Motorcycle Loans can receive rate discounts for the following
Discount Products
.25% Apply online
.25% Purchase 2 of the 3 products: Mechanical Repair Coverage, Guaranteed Asset Protection, OR Debt Protection
.50% Purchase Mechanical Repair Coverage, Guaranteed Asset Protection, AND Debt Protection
.25% Automatic payment method from an active METRO account or Automatic Clearing House (ACH) payment
.25% Maintain a Premier Advantage Membership
.25% Purchase your vehicle through our New Cars Inc partnership
.50% Purchase a qualifying fuel-efficient vehicle
.25% Relationship discount (METRO checking account with direct deposit)
Maximum discount cannot exceed .50%



SOLAR AND ENERGY LOANS
Solar Loan Up to $55,000 Starting at 4.99% APR
Energy Efficiency Loan Up to $30,000 Starting at 5.99% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .25% discount for automatic payment option. Rates are based on credit worthiness, payment method and loan term.
 
RECREATIONAL VEHICLE (RV) LOANS
New RV 2013 and newer models Starting at 4.99% APR
Used RV 2006 to 2012 models Starting at 5.99% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.
 
BOAT AND SPORTS CRAFT LOANS
New Boat and Sports Craft 2013 and newer models Starting at 5.49% APR
Used Boat and Sports Craft 2012 and older models Starting at 6.49% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.
 
SPECIAL RATE DISCOUNTS
RV, Boat and Sports Craft Loans can receive rate discounts for the following
Discount Products
.25% Apply online
.25% Purchase Guaranteed Asset Protection AND Debt Protection
.25% Automatic payment method from an active METRO account or Automatic Clearing House (ACH) payment
.25% Maintain a Premier Advantage Membership
.25% Relationship discount (METRO checking account with direct deposit)
Maximum discount cannot exceed .50%



SIGNATURE LOANS
Life Loan Up to $20,000 Starting at 7.49% APR
Bill Consolidation Up to $20,000 Starting at 11.49% APR
APR = Annual Percentage Rate. Starting rate includes a maximum .50% discount. Rates are based on credit worthiness, payment method and loan term.
 
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
 
SPECIAL RATE DISCOUNTS
MOR Lines, Life Loan and Bill Consolidation Loans can receive rate discounts for the following
Discount Products
.25% Apply online
.25% Automatic payment method from an active METRO account or Automatic Clearing House (ACH) payment
.25% Maintain a Premier Advantage Membership
.25% Relationship discount (METRO checking account with direct deposit)
Maximum discount cannot exceed .50%



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
 
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.