Loan Rates

Loan Type

Term

APR*

Vehicle Loans

Automobiles up to 5 years old

up to 48 months

2.75% – 12.75%

49-60 months

3.00% – 13.00%

61-72 months

3.75% – 13.75%

73-84 months***

4.75% – 14.75%

6 year old vehicles

up to 48 months

4.25% – 14.25%

49-60 months

4.50% – 14.50%

7 year old vehicles

up to 48 months

4.25% – 14.25%

Recreational Vehicles (Campers, Jet Skis, Dirt Bikes, Motorcycles, ATV’s, Boats, and Farm Equipment)

up to 5 years old

up to 48 months

3.75% – 13.75%

49-60 months

4.00% – 14.00%

61-72 months

4.75% – 14.75%

73-84 months***

5.75% – 15.75%

up to 6 years old

up to 48 months

5.25% – 15.25%

49-60 months

5.50% – 15.50%

up to 7 years old

up to 48 months

5.25% – 15.25%

Signature Loans

up to 48 months

7.75% – 18.00%

CASHLINE

Signature Secured

12.00%

Share Secured

7.00%

Share Secured Loans

36 months

6.00%

36+ to 60 months

6.25%

60+ to 120 months

7.00%

Real Estate Secured (primary residence)**

Fixed Rate

5 years

3.75% – 13.75%

Fixed Rate

10 years

3.75% – 14.00%

Fixed Rate

15 years

3.75% – 14.25%

Home Equity Line of Credit

(variable rate)

12 years

5.75%

(current rate)

Automatic Payment: You will receive a discount of 0.25% on your Annual Percentage Rate (APR)* if you make your payments automatically from a Salem VA Credit Union Checking or Savings account.** If you discontinue making your payments automatically, your APR may be increased to the current rate.

* APR is Annual Percentage Rate.

**Automatic payments discounts are excluded from real estate secured loans.

***73-84 month term requires minimum loan of $15,000

All rates are subject to change without notice.