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 4.49%
as low as 4.74%
as low as 5.24%
as low as 5.24%
as low as 5.49%
as low as 5.99%

$252.81
$229.12
$284.72
$324.33
$359.13
$394.10

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 4.74%
as low as 4.99%
as low as 5.24%
as low as 5.49%
$253.76
$230.25
$284.72
$326.66
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 5.24%
as low as 5.49%
as low as 5.74%
as low as 5.99%

$255.67
$232.52
$288.18
$331.36

Used Vehicles 10 Years & Older

48 months 
60 months

 

$8,500
$10,000

 

6.49%
6.74%

 

$201.54
$196.79

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 5.49%
as low as 5.74%
as low as 6.49%
 

$162.32
$109.72
$130.58
 

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 5.99%
as low as 6.24%
as low as 6.99%
 

$164.29
$112.23
$134.74
 

 

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 6.74%
as low as 6.99%
as low as 7.74%
 
$167.27
$116.06
$141.11

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 4.74%
as low as 5.24%
as low as 6.24%

Payment 

$159.39
$107.24
$128.53

 

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%

6.50%
7.00%
7.75%

 
       

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 5.49%
as low as 5.74%
as low as 5.99%
$150.96
$175.25
$193.28
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 6.49%
as low as 6.74%
as low as 6.99%
$153.22
$178.69
$197.96
       

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 5.24%
as low as 5.74%
as low as 6.49%
as low as 7.74%
$196.67
$246.76
$170.25
$282.21
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 6.24%
as low as 6.74%
as low as 7.49%
as low as 8.74%
$200.56
$253.87
$177.97
$299.66
       

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 8.74% $95.04

 

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 4.49%
Used Auto 48 month fixed 4.74%
Home Equity 5 yr fixed 5.49%
Home Equity Line of Credit 6.50%
Home Equity Line of Credit Intro Rate 3.99%
     
APY* as high as:  
Share Savings (S1)     0.25%
Money Market (S6) 0.25 - 1.00%
36 Month Certificate 1.90%
48 Month Certificate 2.00%
60 Month Certificate 2.25%
19 Month Certificate Special 3.19%
   
Rates Subject to Change. Restrictions may apply.
 *APY (Annual Percentage Yield)
It Pays to Bank Where You’re Part Owner®