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Loan Rates effective 08/16/11

It pays to borrow where you’re a member, not just a number. We want to help you make your dreams a reality. We treat each person who requests a loan like family. Our goal is to make your loan application and approval experience simple, quick and easy. Remember to make Minnesota Valley your first stop when you need to borrow money for any reason. Rates are based on an evaluation of credit history, Loan-To-Value and account relationship with the credit union.

Loan Rates

AUTO LOANS

Model 2006 to 2011

Term

48 months

60 months

72 months

84 months

Amount

$8,500

$10,000

$15,000

$20,000

APR*

as low as 2.99%

as low as 3.24%

as low as 3.49%

as low as 3.99%

Payment

$188.10

$180.76

$231.21

$273.28

Model 2001 to 2005

Term

48 months

60 months

72 months

Amount

$8,500

$10,000

$15,000

APR

as low as 2.99%

as low as 3.24%

as low as 3.49%

Payment

$188.10

$180.76

$231.21

Model 2000 & Older

Term

48 months

60 months

Amount

$8,500

$10,000

APR

as low as 3.99%

as low as 4.24%

Payment

$191.88

$185.25

HOME EQUITY LOANS

70% maximum Loan to Value

Term Amount APR Payment

60 months $8,500 as low as 3.99% $156.50

120 months $10,000 as low as 4.24% $102.39

180 months $15,000 as low as 4.99% $118.54

240 months $20,000 as low as 5.49% $137.46

80% maximum Loan to Value

Term Amount APR Payment

60 months $8,500 as low as 4.49% $158.43

120 months $10,000 as low as 4.74% $104.80

180 months $15,000 as low as 5.49% $122.48

240 months $20,000 as low as 5.99% $143.17

90% maximum Loan to Value

Term Amount APR Payment

60 months $8,500 as low as 5.24% $161.34

120 months $10,000 as low as 5.49% $108.48

180 months $15,000 as low as 6.24% $128.53

240 months $20,000 as low as 6.74% $151.95

HOME EQUITY BALLOON (call term 5 years)

70% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 3.54% $ 99.07

240 months $25,000 as low as 3.54% $145.50

360 months $35,000 as low as 3.54% $157.95

80% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 4.04% $101.44

240 months $25,000 as low as 4.04% $152.02

360 months $35,000 as low as 4.04% $167.90

90% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 4.79% $187.75

240 months $25,000 as low as 4.79% $262.61

360 months $35,000 as low as 4.79% $272.96

HOME EQUITY BALLOON (call term 10 years)

70% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 3.79% $100.26

240 months $25,000 as low as 3.79% $148.75

360 months $35,000 as low as 3.79% $162.89

80% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 4.29% $102.64

240 months $25,000 as low as 4.29% $155.35

360 months $35,000 as low as 4.29% $173.01

90% maximum Loan to Value

Term Amount APR Payment

120 months $10,000 as low as 5.04% $106.27

240 months $25,000 as low as 5.04% $165.55

360 months $35,000 as low as 5.04% $188.75

HOME EQUITY LINE OF CREDIT

LTV

Up to 70%

70% to 80%

81% to 90%

APR

Prime - 0.50%*

Prime

Prime + 0.75%

* floor rate is 3.99%

APR

3.99%

4.00%

STUDENT LOANS

Parent Student Education Loan

7/1/11 to 6/30/12

APR

6.00%

RECREATIONAL EQUIPMENT LOANS

2006 to 2011

Term

36 months

48 months

60 months

Amount

$5,000

$7,500

$10,000

APR

as low as 4.74%

as low as 4.99%

Payment

$149.27

$171.84

$188.67

2005 & older

Term

36 months

48 months

60 months

Amount

$5,000

$8,500

$10,000

APR

as low as 5.24%

as low as 5.49%

Payment

$150.39

$173.54

$190.97

BOAT & RV LOANS

2006 to 2011

Term

48 months

60 months

120 months

180 months

Amount

$8,500

$10,000

$15,000

$25,000

APR

as low as 4.49%

as low as 4.74%

as low as 5.49%

Payment

$193.79

$159.85

$162.72

$163.31

2005 & Older

Term

48 months

60 months

120 months

180 months

Amount

$8,500

$10,000

$15,000

$25,000

APR

as low as 5.49%

as low as 5.99%

as low as 6.49%

Payment

$197.64

$165.68

$170.25

$174.11

SHARE SECURED LOANS

Primary Share, Money Market, or CD secured

2.00% above deposit rate

APR

3.50%

minimum

UNSECURED LOANS

Term

36 months

Amount

$3,000

APR

as low as 9.90%

Payment

$96.69

VISA

No Annual Fee

4LEARN MORE

APR

10.00%

LINE OF CREDIT

No Annual Fee

No Advance Fee

APR

12.90%

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 1.00%.

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 or debit card; online banking; ART; MyCardInfo; direct deposit; savings or loan of $2,000 or more; auto bill pay (ACH); L-4 (checking line of credit); and at least one of the following -Credit Life, Credit Disability MBI or GAP. 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.

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