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Westerly Community Credit Union Rates

At Westerly Community Credit Union, you’ll find we have the great deposit, loan & home financing rates you need to reach all of your financial goals!

 

Loan Rates

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Auto Loan Rates*
Effective Date: Saturday, April 19th, 2014
ProgramTermAPRMonthly Payments per $1000 borrowed
New-Used Auto Loans 2011-2014
(100% financing maximum)
  3 years 2.750% $28.98
  4 years 2.750% $22.03
  5 years 2.750% $17.86
  6 years 3.750% $15.54
Used Auto Loans 2009-2010
(100% financing maximum)
  3 years 2.750% $28.98
  4 years 2.750% $22.03
  5 years 2.750% $17.86
Used Auto Loans 2008
(10% down payment required)
  4 years 7.750% $24.30
Used Auto Loan 2007 or Older
(20% down payment required)
  3 years 7.750% $31.22
Motorcyle Loan
  3 years 6.490% $30.65
  4 years 6.490% $23.72
  5 years 6.490% $19.57

*Annual Percentage Rate (APR) subject to change without notice. Rate shown is for members with an "active" checking account ("active" checking is a minimum of six transactions per month and direct deposit). Add .50% to rate if account does not meet "active" checking requirements. Payments do not reflect any additional cost for Payment Protection. Other rates and terms are available.

Boat Loans*
Effective Date: Saturday, April 19th, 2014
ProgramTermAPRMonthly Payments per $1000 borrowed
Used Boat Loans
  3 years 10.000% $32.27
  4 years 10.000% $25.36
  5 years 10.000% $21.26
New Boat Loans
  3 years 10.000% $32.27
  4 years 10.000% $25.36
  5 years 10.000% $21.25

*Rates stated reflect lowest current rate for stated term. Annual Percentage Rate (APR) subject to change without notice. Other rates and terms are available. Rate shown is for members with an "active" checking account ("active" checking is a minimum of six transactions per month and direct deposit). Add .50% to rate if account does not meet "active" checking requirements. This discounted rate applies to new loans only. Payments do not reflect the addition of Payment Protection. No down payment is required.

Energy Loan*
Effective Date: Saturday, April 19th, 2014
TermAPRMonthly Payments per $1000 borrowed
1 year 6.500% $86.30
2 years 6.500% $44.55
3 years 6.500% $30.65
4 years 6.500% $23.72

*Rate shown is for members with an "active" checking account ("active" checking is a minimum of six transactions per month and direct deposit). Add .50% to rate if account does not meet "active" checking requirements. This discounted rate applies to new loans only. Loan terms up to 4 years. Maximum amount that can be borrowed is $25,000. To be used for purchasing heating equipment such as: Furnace, Oil Burner, Oil Tank, Water Heater... See a Loan Representative for more details. Payments do not reflect the addition of Payment Protection.

Personal Loans*
Effective Date: Saturday, April 19th, 2014
ProgramTermAPRMonthly Payments per $1000 borrowed
Personal Loan*
  3 years 10.240% $32.38
  4 years 10.240% $25.48
  5 years 10.240% $21.37
Personal Line of Credit**
    9.250%  

*Rates are shown for “A+” credit scores of 760 or above and reflect the lowest current rate for stated term. Annual Percentage Rate (APR) subject to change without notice. Rate shown is for members with “active” checking account (“active” checking is a minimum of six transactions per month and direct deposit). Add .50% to rate if account does not meet “active” checking requirements. Payments do not reflect any additional cost for Payment Protection. Other rates and terms are available. **The Annual Percentage Rate (APR) is variable based on the Prime Rate as published in the Wall Street Journal five days prior to the end of the month. APR will never be more than 21% or less than 8% for the remaining life of the loan after the initial fixed period. No minimum loan amount. Maximum loan is determined at opening based on credit score but not to exceed $25,000. Other restrictions may apply.

Starter Loan Program*
Effective Date: Saturday, April 19th, 2014
ProgramTermAPRMonthly Payments per $1000 borrowed
Starter College Book Loan & Computer Loans*
  2 years 7.990% $45.22

*Parent/Guardian required as cosigner for those under age 18. College Book and Computer Loans require proof of college attendance and are available for those ages 17-25. Maximum Loan $2,500. Other restrictions may apply. Membership available to anyone who works or lives in RI or New London County CT- requires a $5.00 deposit into a Share Savings Account.

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Federally insured by NCUA.
We do business in accordance with the Federal Fair Housing Law