Welcome to Premier Credit Union :: Loans

Lending Rate Schedule

Premier Credit Union uses personalized lending rates based on a borrower's credit worthiness, account relationship with the credit union and usage of other credit union products and services. Rates shown are the lowest rate available. Not every borrower will qualify for the same rate. Rates are non-variable unless otherwise noted.

Autos

Term	Down-payment	As low as APR
2009 and Newer 0 to 66-Months	0%	1.89%
2006 - 2008 0 to 48-Months	0%	3.00%
2005 and Older 0 to 48-Months	0%	5.00%

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APR = Annual Percentage Rate. Rates quoted with all available discounts, subject to change, based on credit history, and effective as of January 1, 2013. An additional .50% will be added to the loan rate if loan is not set up for payroll deduction, automatic payment or ACH debit of loan payment. Rate quoted is for new money, 1.00% will be added when refinancing a current Premier Credit Union auto loan. Terms and conditions apply. Payment Example: $10,000 loan on a 2010 vehicle for a term of 36 months with a 1.89% APR, the monthly payment = $285.95. Call Credit Union for full details.

Recreational Vehicles

Term	Down-payment	As low as APR
48-Months	0%	6.25%
60-Months	0%	6.50%
72-Months	0%	6.75%
Other Terms Available

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Payment example: $20,000 loan on a recreational vehicle for a term of 60 months with a 6.50% APR, the monthly payment will be $391.30. Rates subject to change and effective as of
January 1, 2011.

Home Equity and Home Mortgage

Loan Type	Term	Loan to Value	As low as APR
Variable Home Equity Line of Credit*	30-yrs.	Up to 90%***	4.75%
Fixed-10 Home Equity**	10-yrs.	Less than 80%***	3.50%

Home Mortgage Programs - Contact Sheila Strand at (515) 245-3546 for current rate information.
Construction Loan Programs - Contact Gary Ellwood at (515)232-2329 for current rate information.

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*Home Equity Line of Credit (HELOC) - A HELOC is available on an owner-occupied dwelling located only in Iowa. Property insurance is required. Member will pay title search, flood search, recording fee and property valuation. HELOC variable-rate may change after the account opening. HELOC variable-rates are indexed to the Prime Rate as published in the Wall Street Journal on March 31, June 30, September 30 and December 31. The rate may change quarterly on January 1, April 1, July 1 and October 1 with changes to the Prime Rate on the dates noted above. The Prime Rate as of July 1, 2011, was 3.25%. The variable-rate minimum APR is 4.75% and maximum APR is 18%. Minimum HELOC initial draw is $2,500 with minimum $500 subsequent draws. Payment example: $20,000 Open End Home Equity Line of Credit with a 10 year variable draw period, amortized over a 30 year term at 4.75% APR, the monthly payment will be $104.31. Base on credit. All loans subject to approval.

**Fixed-10 Home Equity Loan – A Fixed-10 Home Equity Loan is available on an owner-occupied dwelling located only in Iowa. Property insurance is required. Member will pay title search, flood search, recording fee and property valuation. Payment example: $20,000 Fixed-10 Home Equity with a 10 year fixed rate, amortized over a 10 year term at 3.50% APR, the monthly payment will be $197.77. Base on credit.

MasterCard® Credit Cards

Program Level	Minimum Credit Limit	APR
Platinum	$5,000	7.99% APR
Gold	$2,000	10.99% APR
Classic	$500	13.99% APR

If finances charges accrue on MasterCard credit cards, there is a minimum finance charge of $0.50.

Credit Card Agreement
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Personal

Loan Type	Term	As low as APR
Overdraft Protection Line of Credit	N/A	15.00%
Unsecured Personal Loan	12-months	8.95%
Unsecured Personal	24-months	11.95%
Unsecured Personal	36-months	13.95%
Share Secured	12-months	3% over deposit APR

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Minimum $50 monthly payment is required on all Overdraft Protection Lines of Credit with an outstanding balance.

APR = Annual Percentage Rate. Rates quoted with all available discounts, subject to change, based on credit history, and effective as of May 17, 2012. Terms and conditions apply.

Payment Example: $1,000 unsecured personal loan for a term of 12 months with a 8.95% APR, the monthly payment will be $87.43.

Payment example: $5,000 unsecured personal loan for a term of 24 months with a 11.95% APR, the monthly payment will be $235.19.

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