Rates

Please contact the loan department at 515-645-9334 for additional information.

Your rate is determined by your credit bureau history (the better your credit, the better your rate) and down payment/value of collateral. Check with a loan officer to determine your rate. Rates are effective as of 10/01/2019 and are subject to change daily. See home page for special promotional rates. For a $15,000 auto loan with a term of 60 months and 3.45% APR, the monthly payment will be $273. Rates, terms and conditions subject to change and may vary based on qualifications, including creditworthiness and loan-to-value ratio, as well as age and mileage of the vehicle. All loans subject to approval. Term will vary based on loan amount, 72 month term requires loan amount of $10,000 and 84 month term requires loan amount of $20,000.

Loans Rate Monthly Term
New and Used Auto, Motorcycle, Boat 2010-2020 – as low as 1.90% APR 0-35
2.95% APR 36-59
3.45% APR 60-83
3.95% APR 84
Older Used Auto, Motorcycle, Boat 2009 and older – as low as 6.75% APR 0-60
New and Used Camper/RV 2010 – Newer – as low as 5.74% APR 0-60
6.24% APR 61-120
9.24% APR 121-180
Signature/Personal –as low as 6.75% APR 0-60
Share Secured (certificate and loan term must match) – current dividend plus 2.5% Varies 0-60
Share Draft Line of Credit – as low as 6.75% APR NA
Micro Loan (unsecured loans under $2500) – $30 application fee applies – as low as 6.75% APR 0-60

 

Mortage Rates (IA Only)
Home Equity 2nd mortgage 5/5 Adjustable Rate Mortgage (ARM), 20 yr amortization, fixed rate-as low as *** Floor rates for Home Equity 2nd mortgage loans of 4.00%. Prime+.25
Home Equity Line of Credit as low as Prime+.50
Click here for more information on our 1st Mortgage loans.
***Rates on 5/5 ARM may be amortized up to 20 years with a fixed rate for the first 5 years and a rate adjustment every 5 years there after.

Dividends are compounded and paid monthly, based upon your average daily balance. Fees could reduce the earnings on the account. To earn the stated *APY basic shares need average daily balance of $100.00 or more and share draft/checking needs average daily balance of $500.00 or more. Rates are effective as of 09/18/2019 and are subject to change at any time. *Annual Percentage Yield

Account Rate APY* Avg Daily Balance
Basic Shares, Secondary Shares, Kid’s Club Savings, Holiday Shares 0.15% 0.15% $100-$4,999.99
0.25% 0.25% $5000-$9,999.99
0.35% 0.35% $10,000-over
IRA Shares 1.50% 0.50% $0
Share Draft/Checking 0.15% 0.15% $500

Rates are for both Share Certificates and IRA Share Certificates. Dividends are compounded and paid last calendar day of month and on maturity. We may impose a penalty if you withdraw any of the principal before the maturity date. Minimum opening deposit is $500.00 for regular certificates. IRA Share Certificates are a minimum opening deposit of $1000.00. Rates are effective as of 09/18/2019 and are subject to change daily. The Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. * If our rate doesn’t beat it, we will meet it.

Share certificate rates are on the rise! If you find another local deal better than ours give us the chance to see if we can match it. 

*Annual Percentage Yield

Share Certificates Minimum Balance Dividend Rate APY* Term
6-month $500.00 1.00% 1.00% 6
12-month $500.00 1.30% 1.31% 12
18-month $500.00 1.50% 1.51% 18
24-month $500.00 1.70% 1.71% 24
36-month $500.00 1.90% 1.92% 36

A member may make up to six (6) free withdrawals a month from their Money Market account. If six (6) withdrawals are exceeded a fee will apply to each transaction over six (6), refer to current Rate and Fee Schedule for further information. No more than six (6) preauthorized, automatic or telephone transfers may be made from this account to another account of yours or to a third party in any month, and no more than three (3) of these six (6) can be made to a 3rd party. Rates are effective as of 09/18/2019 and are subject to change monthly. Minimum balance required of $10,000 to earn dividend. *Annual Percentage Yield

Money Market Share Account Rate APY*
$10,000 – $24,999 0.70% 0.70%
$25,000 – $49,999 0.85% 0.85%
$50,000 – $999,999 1.15% 1.16%
$100,000+ 1.25% 1.26%