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Rates

Loans | Savings | Certificates

Rates are subject to change.  For payment example click on any of the calculator links below.  Rates are based on credit history and GMCU checking automatic transfer.

 Please Review the New Fee Schedule Changes Effective May 15, 2013

LOANS   Rate APR1 Term  
SECURED - RV's, Autos (<=75K miles) Boats/PWC  Snowmobiles, ATV's, Cycles, Campers & Fish Houses 2010 or newer           
Secured Collateral

as low as

1.99

1.99

0-60

Calculator
Secured Collateral $20K minimum loan amount as low as

3.24

3.24

61-72 Calculator
Secured Collateral $25k minimum loan amount as low as 5.49  5.49 73-84 Calculator
Secured Collateral Boat/RV/Park Model/Camper Only, $25,001+ as low as

6.24

6.24

85-144 Calculator
SECURED - Autos (75,001 - 125K miles) RVs, Boats/PWC  Snowmobiles, ATV's, Cycles, Campers & Fish Houses 2006-2009 add 1% to rate listed immediately below          
  as low as 5.49 5.49 0-48  Calculator 
 

as low as

5.74

6.74

49-60

Calculator
$25k minimum loan amount

as low as

6.24

6.24

61-72 

Calculator 
SECURED - , Autos (125,001+miles) 
RVs, Boats/PWC  Snowmobiles, ATVs, Cycles, Campers & Fish Houses 2005 or older add 1.5% to rates listed immediately below
         
 

as low as

6.74

6.74

0-48 

Calculator 
Boat/RV/Camper only $20k+

as low as

6.99

6.99

49-60

Calculator 
OTHER SECURED - Miscellaneous collateral, Tractors, Lawn Mowers, etc.         Calculator
New - 2010

as low as

5.99

5.99

0-48

Calculator
 

as low as

6.24

6.24

49-60

Calculator
 

as low as

7.24

7.24

61-84

 Calculator 
2009 and older

as low as

8.49

8.49

0-60

 Calculator

 

* Loans with asterisks (*) with terms greater than 72 months have a variable rate and are subject to a rate review every 36 months.

Example:  
A new car loan of $15,000 at 3.14% apr for 48 months 
would have an approximate monthly payment of $332.94 or
$22.20 per $1000 borrowed at 48 months at 3.14% APR

5 APY = Annual Percentage Yield     Fees could reduce the earnings on the accounts.  
Rates accurate as of 6/01/2013
 Back to Top
 

 
Rates are subject to change.

  

1 Loan Disclosure: APR = Annual Percentage Rate. Rates include a .25% APR discount for repayment of loan through payroll deduction or debit from a Greater Minnesota Credit Union account. All loans subject to normal credit approval. Rates and terms subject to change. Contact a Greater Minnesota Credit Union loan officer for details. All loan rates presented for consumer loans only and not applicable to business loans. Vehicle, Boat & RV Loans: Rates may be higher depending on credit qualifiers, model year and the loan term. Credit qualifiers determine eligibility for 100% financing, in some cases a down payment may be required.

 

1 APR = Annual Percentage Rate     Rates accurate as of 6/01/2013

Go To Loan Application | Go To Calculators | Back to Top

Loans

 

Rate

APR*

Term

 

Real Estate2  70% LTV (+.25%/3yr, +.50%/5yr adjustable)       

as low as

5.54

5.54 

 

Calculator

Mobile Homes - New to 2011 as low as

8.94

8.94

 

Calculator

Mobile Homes - 2010 to 2006 as low as

10.19

10.19

 

Calculator

Mobile Homes - 2005 and older3 as low as

10.69

10.69

 

Calculator

VISA4 

as low as

9.49

9.49

n/a 

Calculator

Overdraft Protection

 

17.99

17.99

n/a

Calculator

1 APR = Annual Percentage Rate     Rates accurate as of 6/01/2013

2 Loan Disclosure: Home Equity Line of Credit: The 5.54% Annual Percentage Rate (APR) is available with qualifying credit and a loan to value (LTV) of 70% or less. Higher rates apply to higher loan to values. The APR will vary based on an index. The index is the Prime Rate as published the 25th day of the month prior to the date of the interest adjustment in the Money Rates column of the Wall Street Journal. As of January 1, 2010 the variable APR for lines of credit is 5.54% - 12.64%. The rate is subject to change, but will not exceed 18%. The minimum rate is 5.54%. Closing costs typically range from $0 to $250. There is a Late Fee charge of 5% of the late payment if payment is made after seven (7) days after it is due.  The Late Fee is a minimum of $15 and maximum of $150.  Consult your tax advisor regarding the deductibility of interest. Property insurance is required. For detailed product information, please view the HELOC Early Disclosure.


Payment Example:  A new Mobile Home loan of $50,000 at 8.94% APR for 180 months would have an approximate monthly payment of $505.35 or $10.11 per $1000 borrowed at 180 months at 8.94% APR.

Loans subject to 1, 3 or 5 year rate adjustment.  The Annual Percentage Rate 
could increase at the adjustment time. Inquire for more details.

4 Visa Disclosure:  Please click here to view the Visa Credit Card Disclosure.

Go To Loan Application | Go To Calculators | Back to Top 
 

Rates are subject to change. 

Savings

Dividend Rate

APY5 Term
Prime Share

0.03

0.03

 N/A
CirCUs Club

0.03

0.03

 N/A
Additional Share Accounts

0.03

0.03

 N/A
IRA

0.03

0.03

 N/A
Christmas

0.03

0.03

 N/A
Life Savings

0.02

0.02

 N/A
       
Term Share Certificates      
91 Day Term Share     (minimum balance of $500 required)

0.05

 0.05

 N/A
6 Month Term Share   (minimum balance of $500 required)

0.05

 0.05

 6
12 Month Term Share  (minimum balance of $500 required)

 0.20

0.20

12
18 Month Term Share (minimum balance of $500 required)

 0.25

 0.25

18
24 Month Term Share (minimum balance of $500 required) 

 0.30

 0.30

24
36 Month Term Share (minimum balance of $500 required)

 0.45

 0.45

36 
48 Month Term Share (minimum balance of $500 required)

 0.50

 0.50

48 
60 Month Term Share (not currently offered)       60 
       
Share Draft Accounts      
Freedom

 0.00

 0.00

 
Member Preferred       

0 - 2,500 (Please note- this is a tiered rate)

 0.00

 0.00

 

 2,501 - 5,000 (Please note- this is a tiered rate)

 0.00

 0.00

 

5,001 - 99,999.99 (Please note- this is a tiered rate)

 0.00

 0.00

 
Member Advantage      

0 - 2,500 (Please note- this is a tiered rate)

 0.01

 0.01

 

2,501 - 10,000 (Please note- this is a tiered rate)

 0.02

 0.02

 

10,001 - 25,000 (Please note- this is a tiered rate)

 0.02

 0.02

 

25,001 - 50,000 (Please note- this is a tiered rate)

 0.02

 0.02

 

50,001 - 100,000

 0.05

 0.05

 

 100,001 +

 0.05

 0.05

 

Commercial Checking 

 0.00

 0.00

 
Health Savings Account 

 0.03

 0.03

 

Share Rates Effective as of 12/19/2012 

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