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Lending Rates

Type** Term APR*
Share Secured Up to 60 Months 4.50%
Secured*** Up to 84 Months 4.75% to 16.50%
Signature Up to 60 Months 8.95% to 17.65%
Reserve Account Call for Term 11.90% to 14.90%
Loan Overdraft Up to 11 Months 17.50%

*Annual Percentage Rate (A.P.R.). All rates are subject to change daily without notice at the discretion of the Board of Directors. All loan approvals are subject to normal underwriting guidelines. Rates quoted represent the range of rates available. Rates are based on the type of loan, term of loan, amount of loan and your credit worthiness.

**Rate and Term are dependant on credit worthiness.

***New and Used Auto's, Boats, Motorcycles, RV's, Campers, Travel Trailers, Farm Equipment, New Furniture and Appliances.



Type** Term APR*
Home Equity
- Closed End Fixed
Up to 60 Months
7.25%
(Prime Rate)
Minimum Rate of 7.00%
 

61-120 Months

7.00%
(Prime Rate + 1.0%)
Minimum Rate of 7.00%
 

121-180 Months

8.00%
(Prime Rate + 2.0%)
Minimum Rate of 7.00%
Home Equity
- Variable
Up to 180 Months
Up to $29,999.99
6.75%
(Prime Rate + 1.5%)
Minimum Variable Rate 4.00%

Up to 180 Months
Over $30,000.00
5.75%
(Prime Rate + 0.5%)
Minimum Variable Rate 4.00%
Mobile Home
- No Property
120 Months 12.30% to 17.30%


180 Months 13.80% to 17.80%


240 Months 14.60% to 17.60%
Mobile Home
- With Property
Up to 120 Months 11.20% to 17.20%


Up to 180 Months 12.40% to 17.40%


Up to 240 Months 13.70% to 16.70%
Unimproved Property Up to 60 Months 11.9%


Up to 180 Months 12.9%
Prime Rate as of March 18,2008 5.25%
*Annual Percentage Rate (A.P.R.). All rates are subject to change daily without notice at the discretion of the Board of Directors. All loan approvals are subject to normal underwriting guidelines. Rates quoted represent the range of rates available. Rates are based on the type of loan, term of loan, amount of loan and your credit worthiness.

**Rate and Term are dependant on credit worthiness.




NCUA
Digital Insight, an Intuit company

Mountain Credit Union  38 Maple Street,  Waynesboro, NC 28786-5764