Minnesota Valley Credit Union

Loan Rates

AUTO LOANS

Model 2008 to 2013
TermAmountAPR*Payment
48 months
60 months
72 months
84 months
 $8,500
 $10,000
 $15,000
 $20,000
as low as 2.69%
as low as 2.94%
as low as 3.19%
as low as 3.94%
 $186.98
 $179.42
 $229.18
 $268.28
Model 2003 to 2007
TermAmountAPRPayment
48 months
60 months
72 months
$8,500
$10,000
$15,000
as low as 2.69%
as low as 2.94%
as low as 3.19%
$186.98
$179.42
$229.18
Model 2002 & Older
TermAmountAPRPayment
48 months
60 months
$8,500
$10,000
as low as 3.69%
as low as 3.94%
$190.75
$183.89
    

HOME EQUITY LOANS

70% maximum Loan to Value
TermAmountAPRPayment

60 months
120 months
180 months
240 months

$8,500
$10,000
$15,000
$20,000

as low as 3.74%
as low as 3.99%
as low as 4.74%
as low as 5.24%

$155.54
$101.19
$116.59
$134.65
80% maximum Loan to Value
TermAmountAPRPayment
60 months
120 months
180 months
240 months
$8,500
$10,000
$15,000
$20,000

as low as 4.24%
as low as 4.49%
as low as 5.24%
as low as 5.74%

$157.46
$103.59
$120.50
$140.29
90% maximum Loan to Value
TermAmountAPRPayment
60 months
120 months
180 months
240 months
$8,500
$10,000
$15,000
$20,000
as low as 4.99%
as low as 5.24%
as low as 5.99%
as low as 6.49%
$160.36
$107.24
$126.49
$148.98
    

HOME EQUITY BALLOON (call term 5 years)

70% maximum Loan to Value
TermAmountAPRPayment
120 months
240 months
360 months
$10,000
$25,000
$35,000
as low as 3.29%
as low as 3.54%
as low as 3.54%
$97.91
$145.50
$157.95
80% maximum Loan to Value
TermAmountAPRPayment
120 months
240 months
360 months
$10,000
$25,000
$35,000
as low as 3.79%
as low as 4.04%
as low as 4.04%
$100.25
$152.02
$167.90
90% maximum Loan to Value
TermAmount APRPayment
120 months
240 months
360 months
$10,000
$25,000
$35,000
as low as 4.24%
as low as 4.54%
as low as 4.54%
$102.39
$158.70
$178.17
  

HOME EQUITY BALLOON (call term 10 years)

70% maximum Loan to Value
TermAmountAPRPayment
120 months
240 months
$10,000
$25,000
as low as 3.54%
as low as 3.79%
$99.08
$148.74
80% maximum Loan to Value
TermAmountAPRPayment
120 months
240 months
$10,000
$25,000
as low as 4.04%
as low as 4.29%
$101.44
$155.34
90% maximum Loan to Value
TermAmountAPRPayment
120 months
240 months
$10,000
$25,000
as low as 4.54%
as low as 4.79%
$103.83
$162.10
   

HOME EQUITY LINE OF CREDIT

LTV APR 
Up to 70%
70% to 80%
81% to 90%
Prime - 0.50%*
Prime
Prime + 0.75%
* floor rate is 3.99%
3.99%
3.99%
4.00%
    

STUDENT LOANS

  APR 
Parent Student Education Loan7/1/12 to 6/30/136.00% 
   

RECREATIONAL EQUIPMENT LOANS

2008 to 2013
TermAmountAPRPayment
36 months
48 months
60 months
$5,000
$7,500
$10,000
as low as 2.69%
as low as 2.69%
as low as 2.94%
$144.74
$165.00
$179.44
2007 & older
TermAmountAPRPayment
36 months
48 months
60 months
$5,000
$8,500
$10,000
as low as 3.19%
as low as 3.19%
as low as 3.44%
$145.84
$188.88
$181.67
    

BOAT & RV LOANS

2008 to 2013
TermAmountAPRPayment
48 months
72 months
120 months
144 months
$8,500
$10,000
$15,000
$20,000
as low as 2.94%
as low as 3.44%
as low as 4.19%
as low as 4.19%
$187.92
$153.93
$153.25
$176.98
2007 & Older
TermAmountAPRPayment
48 months
72 months
120 months
144 months
$8,500
$10,000
$15,000
$20,000
as low as 3.94%
as low as 4.44%
as low as 5.19%
as low as 5.19%
$191.69
$158.46
$160.53
$186.92
    

SHARE SECURED LOANS

  APR 
Primary Share, Money Market,
or CD secured
2.00% above
deposit rate
3.50% minimum
    

UNSECURED LOANS

TermAmountAPR Payment
36 months$3,000as low as 9.90%$96.69
    

VISA

  APR 
No Annual FeeLearn More10.00% 
    

LINE OF CREDIT

  APR 
No Annual FeeNo Advance Fee12.90% 
    
For more information, please call (507) 387 - 3055

Rates and terms are subject to change at any time based upon Asset-Liability Committee (ALCO) review and changing market conditions.  These rates and terms do not constitute a contract or obligation.  Rates are calculated based on an evaluation of credit history, loans terms including number of scheduled amounts to repay, loan-to-value, and account relationships with Minnesota Valley FCU based on the EZ Six Rewards.  Additional restrictions may apply.   *APR = Annual Percentage Rate.  Rates quoted are the lowest possible including discounts, so your rate may differ. Total of all discounts limited to 1.50%.
 

Contact the loan department for details at 507-387-3055 or 800-247-0522 or via email  loan@mnvalleyfcu.coop. To see our current Savings Rates, click here.
 

~Private Party Purchase Interest Rate Adjustment: +1.00% for private party sale transactions from one individual to another.
 

Discounts Available
 

EZ Six Reward: Discount of 0.25% for having at least six of the following twelve products and/or services: active checking account; online bill payer; Visa credit card; Visa debit card; online banking; ART; MyCardInfo; direct deposit; savings of $2,000 or more; CD or other savings account of $2,000 or more; loan-consumer (other than the one applied for) of over $2,000 or more; loan-real estate (other than the one applied for); automatic payment (ACH) bill pay; L-4 (checking line of credit); and at least one of the following -Credit Life, Credit Disability; Mechanical Breakdown Insurance; GAP; or Mobile banking app on smart-phone. Discount does not apply to the following loans: mortgage, home equity, checking account line of credit, or Visa.

Big Ten Reward: Additional discount of 0.50% for having at least ten of the following products and/or services: active checking account; online bill payer; Visa credit card; Visa debit card; online banking; ART; MyCardInfo; direct deposit; savings of $2,000 or more; CD or other savings account of $2,000 or more; loan-consumer (other than the one applied for) of over $2,000 or more; loan-real estate (other than the one applied for); automatic payment (ACH) bill pay; L-4 (checking line of credit); and at least one of the following -Credit Life, Credit Disability; Mechanical Breakdown Insurance; GAP; or Mobile banking app on smart-phone. Discount does not apply to the following loans: mortgage, home equity, checking account line of credit, or Visa.

Consumer Credit Score Discount of up to 0.25% available to those who qualify. Discount is determined by the credit bureau (Beacon) score.

Home Equity Installment Credit Score Discount of up to 0.25% available to those who qualify. Discount is determined by the credit bureau (Beacon) score.

Discount of 0.25% available for 10% down payment over required amount.