Open & Apply

Loan Rates

We charge less so you get more!

Apply for a Loan Contact Us
  • New, used, refinance auto loans
  • Equity Loans with flexible options
  • Great terms and rates
New, used, refinance auto loans
Equity Loans with flexible options
Great terms and rates
Deposit Rates Loan Rates Business Deposit Rates

Big purchases and big decisions can be stressful

We make it easier at WCCU. Our experts are here to help you decide on the loans you will need to buy your home, finance or refinance your car, cover college expenses, finance a home repair or addition, and more! We will explain everything, answer all your questions and match you to the loan that fits your needs.

 

AUTO LOANS

 

New-Used Auto Loans 2019 and Newer

Term APR* Monthly Payments per $1000 Borrowed
6 years 2.450% $14.95

New Auto Loans 2020 and Newer

Term APR* Monthly Payments per $1000 Borrowed
3 years 1.950% $28.62
4 years 1.950% $21.68
5 years 1.950% $17.51

Used Auto Loans 2016 - 2019

Term APR* Monthly Payments per $1000 borrowed
3 years 1.950% $28.62
4 years 1.950% $21.68
5 years 1.950% $17.51

Used Auto Loans 2015 and Older

Term APR* Monthly Payments per $1000 borrowed
4 years 4.650% $22.88

Motorcycle Loan 2015 and Newer

Term APR* Monthly Payments per $1000 borrowed
3 years 7.240% $31.01
4 years 7.240% $24.08
5 years 7.240% $19.93
*Annual Percentage Rate (APR) is subject to change without notice.

Rates shown are for members with an “A” credit score of 680 or above. Rates also reflect a 0.75% point interest rate reduction for automatic loan payments deducted from an “active” WCCU Checking Account (“active” Checking is 6 transactions or more per month and Direct Deposit) which must be scheduled at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.75% will be added to the rate. Payments do not reflect any additional cost for Payment Protection. Refinancing for new loans only. Rates subject to change. Other rates and terms available.

 

Home Improvement Loan

Term APR* Monthly Payments per $1000 borrowed
5 Years 5.250% $18.99
7 Years 5.500% $14.38
10 Years 5.750% $10.98
*Annual Percentage Rate (APR) is subject to change without notice.

Rates shown are for members with an “A” credit score of 680 or above. Rates also reflect a 0.75% point interest rate reduction for automatic loan payments deducted from an “active” WCCU Checking Account (“active” Checking is 6 transactions or more per month and Direct Deposit) which must be scheduled at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.75% will be added to the rate. Loan terms up to 10 years. Maximum amount that can be borrowed is $50,000. To be used for home improvements. Estimate for the project or an invoice or scope of the completed project is required. See a Loan Representative for more details. Payments do not reflect the addition of Payment Protection.
 

Personal Loans

Program Term APR* Monthly Payments per $1000 borrowed
Personal Loan 3 years 5.990% $30.42
4 years 5.990% $23.48
5 years 5.990% $19.33
Personal Line of Credit** 9.250% varies
*Annual Percentage Rate (APR) is subject to change without notice.

Rates shown are for members with an “A” credit score of 680 or above. Rates also reflect a 0.75% point interest rate reduction for automatic loan payments deducted from an “active” WCCU Checking Account (“active” Checking is 6 transactions or more per month and Direct Deposit) which must be scheduled at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.75% will be added to the rate. Payments do not reflect any additional cost for Payment Protection. Other rates and terms are available.


 

MORTGAGE RATES


 

Fixed Rate Mortgages

(Loan amounts up to $548,250)

Term Interest Rate APR* Monthly Payments per $1000 Borrowed
30 years 2.750% 2.812% $4.12
20 years 2.625% 2.712% $5.41
15 years 2.250% 2.363% $6.61

Adjustable Rate Mortgages

Program Term Interest Rate APR* Monthly Payments per $1000 borrowed
5/1 Mortgage** 30 years 2.625% 2.937% $4.02
10/1 Mortgage*** 30 years 2.875% 2.963% $4.15
7/1 First Time Homebuyer Mortgage**** 30 years 2.750% 2.950% $4.09
*The interest rates, annual percentage rates (APRs), and discount points are subject to change without notice. APR is based on 40% equity and a credit score of 740 or greater. Loan amounts up to $548,250. Your APR will vary based on your final loan amount and finance charges. All Mortgage rates listed are based on 0 discount points. The monthly amount shown includes principal and interest. Your actual monthly payment will be higher if an escrow/impound account is established. Property insurance (and flood insurance if applicable) required. ***After the initial term of ten years, the APR, interest rate, principal, and interest payment will adjust based on market-driven changes to the U.S. 1 Year Treasury Constant Maturity Rate – the “index” plus 2.75% - the “margin.” The maximum increase per adjustment period is 2% with a lifetime cap of 6%. Other restrictions may apply.****After the initial term of seven years, the APR, interest rate, principal, and interest payment will adjust based on market-driven changes to the U.S. 1 Year Treasury Constant Maturity Rate – the “index” plus 2.75% - the “margin.” The maximum increase per adjustment period is 2% with a lifetime cap of 6%. Requires a minimum credit score of 720. Other restrictions may apply. WCCU NMLS ID # 518892.
 


HOME EQUITY RATES


 

Flex Equity Line Of Credit

Program Term APR* Loan Size Monthly Payments per $1000 borrowed
Introductory Rate Special 12 Months 1.990% varies
Line of Credit 3.250% $10,000 - $99,999.99 varies
3.250% $100,000 and above varies
Fixed Rate Advance
5 years 2.990% $17.97
10 years 3.740% $10.01
15 years 4.250% $7.53
*After 12 month introductory rate period, the Annual Percentage Rate (APR) is variable based on the Prime Rate as published in the Wall Street Journal on the last day of each billing cycle and tiered as follows: $10,000-$99,999.99 is Prime - 0.25%, $100,000 and over is Prime - 0.50%. APR will never be more than 18%. 1-4 family owner occupied properties only. 80% maximum combined loan to value. Minimum loan $10,000 (line of credit) $5,000 (fixed rate portion). Maximum loan is $350,000. The plan allows two fixed rate advances from your line at any given time during the 10 year draw period (repayment terms up to 15 years for each draw). Fixed rate advance rates will be those in effect at time of draw. Flood insurance may be required. Property insurance is required. Consult a tax advisor about the deductibility of interest. Other restrictions may apply. A cancellation fee will apply for loans terminated within two years of origination date. Other rates and terms available. Available for new lines only. $50 annual fee will be waived for the 1st year. Offer subject to change at any time. WCCU NMLS ID # 518892.
 

Home Equity Loan (First Lien Position)

Program Term APR* Monthly Payments per $1000 borrowed
7 Year Home Equity Loan 7 years 2.500% $12.99
10 Year Home Equity Loan 10 years 2.625% $9.49
15 Year Home Equity Loan 15 years 2.875% $6.85
20 Year Home Equity Loan 20 years 3.000% $5.55
*Annual Percentage Rate (APR) subject to change without notice. Rates shown require an “A” credit score of 680 or above. Rate also reflects a 0.75% point interest rate reduction for automatic loan payments deducted from an “active” WCCU Checking Account (“active” Checking is 6 transactions or more per month and Direct Deposit) which must be scheduled at the time of loan closing. If the above requirements are not met, discount will not apply, and 0.75% will be added to the rate. Owner occupied only. Minimum loan amount is $10,000. Maximum loan amount is $350,000. Not available for New Purchases. Other rates and terms available. Maximum loan-to-value 80%. Other restrictions may apply. Flood insurance may be required. Property insurance is required. Requires First Lien Position. A termination fee not to exceed the lesser of $500 or 2% of the loan amount will apply for loans terminated within two years of origination date. Recording, trust review, and advisory fees apply where applicable. Consult a tax advisor regarding the deductibility of interest. WCCU NMLS ID # 518892.
 

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, Richmond and Wakefield.

Credit Counseling Services
Speak with a Certified Financial Counselor to help with your financial needs.
Get Started: Credit Counseling Services
I joined because they have a great staff that are willing to work with you when life hits you hard, especially when you’re a student.    
Sarah L. of Wood River Junction
I joined because I wanted all the perks of a big bank but with a small-town feel. Plus, it is my community and the best bank for me!    
Kelly R. of Richmond
I joined because my mom and dad use WCCU. They loved it so I joined, and I love it. They are so nice and helpful- great people at all the branches.    
 
Kevin P. of Charlestown

Helpful Resources

Free Credit Report Review

We can help you reach your financial goals. Start with a Free Credit Report Review at WCCU.