Loan Rates

Rates are subject to change at any time without prior notice.

Ask about our “Favorite Member” discounts. The “Favorite Member” discount does NOT apply to Home Equity Loans or to Stock and Share Secured Loans.

The posted range of rates is based on the following discounts:
A member will receive a discount of ¼% for any of the following services, up to ½%. You may also be eligible for up to an additional 3% discount for a high credit score:

  • Automatic Payment Transfer – 15th of the month
  • Active Share Draft Checking
  • Direct Deposit (net pay check)
  • Any regular or IRA savings certificate

Total discounts may be as much as 3.5% based on their account relationship with Telco and a high credit score.

Rates are subject to change without notice.

All rates are quoted as Annual Percentage Rates (APR) and apply to new money only.

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SECURED
NEW AND USED CAR LOANS
Click here for current rates.
RECREATIONAL VEHICLES
2005 models (up to 36 months) 6.00% – 15.50%
2005 models (up to 48 months) 6.50% – 16.00%
2005 models (up to 60 months) 6.75% – 16.25%
Used – ’00 or newer (to 48 months) 7.50% – 17.00%
     (i.e. motorcycle & jet skis)
HOME EQUITY LINE
Up to $50,000, Prime+1%, Variable Rate currently 6.25%
     Adjusted 4/1 and 10/1 of each year.
HOME IMPROVEMENT LOAN
Up to 60 Months 5.50% – 15.00%
Up to 84 Months 6.75% – 16.25%
Up to 120 Months 8.00% – 17.50%
     **IF TELCO IS YOUR 1ST MORTGAGE TAKE 1/2% OFF IN ADDITION TO ANY OTHER DISCOUNTS**
THINK SPRING HOME IMPROVEMENT SPECIAL
Up to 36 Months 5.00% – 14.50%
MOBILE HOMES
New (’03 & newer) up to 144 months 8.00% – 17.50%
Used (’98 & newer) up to 84 months 8.50% – 18.00%
     Minimum loan is $2,000.00
TITLED RVS, AND BOATS
New (’05 & newer up to 60 months) 7.00% – 16.50%
New (’05 & newer 61 to 120 months) 8.00% – 17.50%
Used (’00 and newer – up to 120 months) 8.50% – 18.00%
     Minimum loan is $5,000
STOCK SECURED
72 Months 7.00% – 16.50%
     Loan may be up to 75% of market value of stocks pledged.
REG. SHARE & CERTIFICATE SECURED
72 Months 5.00%
     Loan may be up to 100% of amount pledged
UNSECURED
PERSONAL
Unsecured – $2,000 to $5,000 (the maximum loan amount is determined by the borrower’s credit score)

Closed-end: 48 months

8.50% – 18.00%
Closed-end: 36 months 7.75% – 17.25%
Closed-end: 24 months 7.00% – 16.50%
Closed-end: 12 months 6.00% – 15.50%
     Consolidation loans will be at posted rates + 2%
VACATION SPECIAL
12 Months 4.50% – 14.50%
CREDIT BUILDER LOAN (NO DISCOUNTS)
12 months 11.50% – 17.50%
PERSONAL
Open-end: 60 Months 11.00% – 11.50%
     Reviewed after 24 months
Must have 650 or above credit score
Secured – $2,000 to $15,000
Up to 60 months
8.50% – 18.00%
Up to 48 months 1% below unsecured
     Consolidation loans will be at posted rates + 2%
VISA CREDIT CARD
Visa Classic 11.9%
     No Annual Fee; 25-day grace period
Visa Platinum 8.9%

 

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