Loan Rates

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
2010 and Newer 0 to 66-Months 0%  1.89%
2007 - 2009 0 to 48-Months 0%   3.00%
2006 and Older 0 to 48-Months 0%   5.00%

Apply for a Loan

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 Vehicle

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    

Apply for a Loan

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 Home Equity**  5-yrs. Less than 80%*** 2.50%
  10-yrs. Less than 80%***  3.50%
  15-yrs. Less than 80%*** 4.50%

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

Apply for a Loan

*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. Based on credit. All loans subject to approval.
**Fixed Home Equity Loan – A Fixed 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. Based 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
Apply for a MasterCard Credit Card

Personal

Loan Type Term As Low As
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

Apply for a Loan

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.

Account Disclosures
Learn more about your financial review.

 

Site Search

News & Events

  • Make plans to attend our Home Buying Seminar on May 6th, click here for more details.
  • We will be closed on Saturday, April 19th in observance of Easter.