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
96 months

$8,500
$10,000
$15,000
$20,000
$25,000
30,000

as low as 5.74%
as low as 5.99%
as low as 6.24%
as low as 6.49%
as low as 6.74%
as low as 7.24%

$257.59
$234.80
$293.42
$336.10
$374.15
$412.60

Used Vehicles 2018 to 2022
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 5.99%
as low as 6.24%
as low as 6.49%
as low as 6.74%
$258.55
$235.95
$293.42
$338.49
Used Vehicles 2013 to 2017
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 6.49%
as low as 6.74%
as low as 6.99%
as low as 7.24%

$260.48
$238.26
$296.95
$343.29

Used Vehicles 10 Years & Older

48 months 
60 months

 

$8,500
$10,000

 

7.74%
7.99%

 

$206.47
$202.72

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 6.49%
as low as 6.74%
as low as 7.49%
 

$166.27
$114.77
$138.97
 

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 6.99%
as low as 7.24%
as low as 7.99%
 

$168.27
$117.35
$143.26
 

 

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 7.74%
as low as 7.99%
as low as 8.74%
 
$170.28
$119.96
$147.62

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 6.74%
as low as 7.24%
as low as 8.24%


Payment 

$167.27
$117.35
$145.43

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%

8.00%
8.50%
9.25%

 
       

STUDENT LOANS

    APR  
Parent Student Education Loan   6.99%  
     

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 6.74%
as low as 6.99%
as low as 7.24%
$153.79
$179.56
$199.15
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 7.74%
as low as 7.99%
as low as 8.24%
$156.08
$183.06
$203.91
       

BOAT & CAMPER 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 6.49%
as low as 6.99%
as low as 7.74%
as low as 8.99%
$201.54
$255.66
$179.94
$304.10
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 7.49%
as low as 7.99%
as low as 8.74%
as low as 9.99%
$205.48
$262.93
$187.91
$322.20

MISCELLANEOUS EQUIPMENT

New
Term Payment Example Amount APR Payment

36 months
48 months
60 months

$5,000
$7,500
$10,000
as low as 6.74%
as low as 6.99%
as low as 7.24%
$153.79
$179.56
$199.15
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 7.74%
as low as 7.99%
as low as 8.24%

$156.08
$183.06
$203.91

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 9.74% $96.44

 

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

 

$1,000

 

4.99%

 

$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 5.74%
Used Auto 48 month fixed 6.24%
Home Equity 5 yr fixed 6.49%
Home Equity Line of Credit 8.00%
Home Equity Line of Credit Intro Rate 5.99%
     
APY* as high as:  
Share Savings (S1)     0.25%
Money Market (S6) 0.25 - 2.01%
36 Month Certificate 1.71%
48 Month Certificate 2.01%
60 Month Certificate 2.27%
63 Month Certificate Special 4.06%
   
Rates Subject to Change. Restrictions may apply.
 *APY (Annual Percentage Yield)
It Pays to Bank Where You’re Part Owner®