Loan Rates

AUTO LOANS     

New Vehicles (Titled in the last 6 months) 
Term Payment Example Amount APR* Payment

36 months
48 months
60 months
72 months
84 months

$8,500
$10,000
$15,000
$20,000
$25,000

as low as 3.24%
as low as 3.49%
as low as 3.74%
as low as 3.99%
as low as 4.24%

$248.09
$223.52
$274.49
$312.81
$344.49

Used Vehicles 2017 to 2021 
Term Payment Example Amount APR Payment
36 months
48 months
60 months
72 months
$8,500
$10,000
$15,000
$20,000
as low as 3.24%
as low as 3.49%
as low as 3.74%
as low as 3.99%
$248.09
$223.52
$274.49
$312.81
Used Vehicles 2012 to 2016
Term Payment Example Amount APR Payment

36 months
48 months
60 months
72 months

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

as low as 3.24%
as low as 3.49%
as low as 3.74%
as low as 3.99%

$248.09
$223.52
$274.49
$312.81

 

     

HOME EQUITY LOANS

70% maximum Loan to Value
Term Payment Example Amount APR Payment

60 months
120 months
180 months
 

$8,500
$10,000
$15,000
 

as low as 4.74%
as low as 4.99%
as low as 5.74%
 

$159.39
$106.02
$124.48
 

80% maximum Loan to Value
Term Payment Example Amount APR Payment
60 months
120 months
180 months
$8,500
$10,000
$15,000
 

as low as 5.24%
as low as 5.49%
as low as 6.24%
 

$161.34
$108.48
$128.53
 

 

90% maximum Loan to Value
Term Payment Example Amount APR Payment
60 months
120 months
180 months
 
$8,500
$10,000
$15,000
 
as low as 5.99%
as low as 6.24%
as low as 6.99%
 
$164.29
$112.23
$134.74

Home Solar and Renewable Energy Loan Program (80% maximum Loan to Value)
60 months
120 months
180 months 


Payment Example Amount 

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


APR

as low as 3.49%
as low as 3.99%
as low as 4.99%

Payment 

$154.59
$101.20
$118.54

 

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 3.25%

5.00%
5.50%
6.25%

 
       

STUDENT LOANS

    APR  
Parent Student Education Loan   6.00%  
     

RECREATIONAL EQUIPMENT LOANS

New
Term Payment Example Amount APR Payment
36 months
48 months
60 months
$5,000
$7,500
$10,000
as low as 4.24%
as low as 4.49%
as low as 4.74%
$148.15
$170.99
$187.52
Used 5 years old +
Term Payment Example Amount APR Payment
36 months
48 months
60 months
$5,000
$7,500
$10,000
as low as 5.24%
as low as 5.49%
as low as 5.74%
$150.39
$174.39
$192.12
       

BOAT & RV LOANS

New
Term Payment Example Amount APR Payment
48 months
72 months
120 months
180 months
$8,500
$15,000
$15,000
$30,000
as low as 3.99%
as low as 4.49%
as low as 5.24%
as low as 6.49%
$191.88
$238.04
$160.86
$261.17
Used 5 years old +
Term Payment Example Amount APR Payment
48 months
72 months
120 months
180 months
$8,500
$15,000
$15,000
$30,000
as low as 4.99%
as low as 5.49%
as low as 6.24%
as low as 7.49%
$195.71
$245.00
$168.34
$277.93
       

SHARE SECURED LOANS

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

 

Credit Builder Loan

 

Establish or Rebuild Credit History. What you borrow will be desposited into your membership savings. 

 

6.00%

 

UNSECURED LOANS

Term Payment Example Amount APR Payment
36 months $3,000 as low as 7.74% $93.65

 

Payday Loan Alternative- Break the payday loan cycle for good. Loan amounts up to $1,000. Maximum term 12 months. 

 

$1,000

 

4.00%

 

$85.16

MASTERCARD 

    APR  

MasterCard Classic

MasterCard Choice Rewards

Learn More

 

11.24%
14.24%

No Annual Fee 

No Annual Fee 

       

LINE OF CREDIT

    APR  
No Annual Fee No Advance Fee 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.  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 .85%.
 

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

*Add.50% to Real Estate Loans with amortizations over 240 months. *Add .25% for no Private Mortgage Insurance. Add .50% for Non- Conforming Loans.

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.

 

Today's Rates

APR as low as:     
New Auto 36 month fixed 3.24%
Used Auto 48 month fixed 3.49%
Home Equity 5 yr fixed 4.74%
Home Equity Line of Credit 5.00%
Home Equity Line of Credit Intro Rate 2.99%
     
APY* as high as:  
Share Savings (S1)     0.25%
Money Market (S6) 0.25 - 0.80%
36 Month Certificate 1.80%
48 Month Certificate 1.90%
60 Month Certificate 2.00%
   
   
Rates Subject to Change. Restrictions may apply.
 *APY (Annual Percentage Yield)
It Pays to Bank Where You’re Part Owner®