|
 |
Risk-Based | Savings
New or Used Automobile
|
Grade
|
Up to 36 Months
|
37 to 48 months
|
49 to 60 months
|
61 to 72 months
|
Limits
|
|
|
3.49%
|
3.99%
|
4.49%
|
4.99%
|
100% of retail buyer’s order, MSRP or NADA retail value, whichever is less. Age of auto not to exceed 7 years; odometer reading not to exceed 100,000. See NOTE below.
|
|
B
660+
|
4.49%
|
4.99%
|
5.49%
|
5.99%
|
100% of retail buyer’s order, MSRP or NADA retail value, whichever is less. Age of auto not to exceed 7 years; odometer reading not to exceed 100,000. See NOTE below.
|
|
C
620+
|
8.99%
|
9.99%
|
9.99%
|
n/a
|
100% of retail buyer’s order, MSRP or NADA retail value, whichever is less. Age of auto not to exceed 7 years; odometer reading not to exceed 100,000. See NOTE below.
|
|
D
580+
|
14.99%
|
15.49%
|
n/a
|
n/a
|
75% of retail buyer’s order, MSRP or NADA retail value, whichever is less. Age of auto not to exceed 7 years; odometer reading not to exceed 100,000.
|
|
E
579 or <
|
16.99%
|
17.49%
|
n/a
|
n/a
|
75% of retail buyer’s order, MSRP or NADA retail value, whichever is less. Age of auto not to exceed 7 years; odometer reading not to exceed 100,000.
|
NOTE: For Grade A or Grade B applicant's Loan Officer may exceed age or mileage limitations by up to two times (2X) but shall charge an additional 1.00% APR in such cases. For Grade C applicant's, Loan Officer may exceed age or mileage limitations by up to one and one-half times (1.5X) but shall charge an additional 2.00% APR in such cases.
New or used recreational vehicle, boat, motorcycle, ATV or farm equipment
|
Grade
|
Up to 36 Months
|
37 to 48 months
|
49 to 60 months
|
61 to 72 months
|
Limits
|
|
A
|
3.49%
|
3.99%
|
4.49%
|
4.99%
|
100% of retail buyer’s order, MSRP or NADA retail value, whichever is less.
|
|
B
|
4.49%
|
4.99%
|
5.49%
|
5.99%
|
100% of retail buyer’s order, MSRP or NADA retail value, whichever is less.
|
|
C
|
9.99%
|
11.99%
|
n/a
|
n/a
|
75% of retail buyer’s order, MSRP or NADA retail value, whichever is less.
|
|
D
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
|
E
|
n/a
|
n/a
|
n/a
|
n/a
|
n/a
|
NOTE: Used collateral in this category not to be more than 7 model years old and, where applicable, cannot have more than 25,000 certified miles on odometer.
Unsecured Personal (Signature) & Overdraft Line of Credit
|
Grade
|
Up to 12 Months
|
13 to 36 Months
|
37 to 48 months
|
49 to 60 months
|
Limits
|
|
A
|
6.89%
|
7.89%
|
8.89%
|
9.99%
|
Maximum loan amount $5,000*
|
|
B
|
7.89%
|
8.89%
|
9.99%
|
n/a
|
Maximum loan amount $3,500*
|
|
C
|
13.99%
|
15.49%
|
n/a
|
n/a
|
Maximum loan amount $2,500*
|
|
D
|
17.99%
|
n/a
|
n/a
|
n/a
|
Maximum loan amount $500*
|
|
E
|
17.99%
|
n/a
|
n/a
|
n/a
|
Maximum loan amount $500*
|
*NOTE: The maximum unsecured limit includes all existing credit limits for any BrightViewCU VISA credit card and Over Draft Line of Credit (O/D LOC) where the member applying for the unsecured personal loan is also liable, in whole or in part, for any amount owed on the BrightViewCU VISA credit card or for an O/D LOC. A member may be eligible for up to 200% of the maximum allowable limit for their risk category with approval of the President. O/D LOC term is limited to not more than three (3) months with the applicable rate being the "Up to 12 Months" rate.
Share or Share Certificate Secured Loans
| Credit Rating |
A
APR |
B
APR |
C
APR |
D
APR |
E
APR |
| Up to 36 months |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
NOTE: Loans secured by a member’s regular shares shall carry an interest rate equal to the most recent regular share dividend rate plus 2.00%, with an absolute minimum rate of 2.25%. Maximum term for a Share Secured loan is 36 months. Loans secured by a member’s share certificate shall carry an interest rate equal to the dividend rate of the share certificate plus 2.00%. The term of a share certificate secured loan shall not exceed the remaining term of the share certificate securing the loan. If the member wishes to have a loan term in excess of the term of the share certificate, the loan shall carry a balloon payment coinciding with the maturity of the certificate where the loan may then either be paid off upon maturity of the share certificate or refinanced for a term that coincides with the term of the new share certificate. As an alternative, a member wishing to have a Share Certificate Secured loan may voluntarily elect to renew their share certificate at the time of the loan request and choose a share certificate term equal to the term of the loan they are requesting. In such cases, BrightViewCU will waive any early withdrawal penalty.
Share Savings
|
Type of Account
|
Min. Balance to Earn
|
Dividend Rate as of Last Dividend Period
|
Annual Percentage Yield (APY)
|
|
Share Savings
|
$500
|
0.250%
|
0.25%
|
|
Platinum Shares
|
$50,000
|
0.349%
|
0.35%
|
|
Youth Share
|
$25
|
0.250%
|
0.25%
|
|
IRA Share Savings
|
$500
|
0.499%
|
0.50%
|
|
Club Savings
|
$100
|
0.250%
|
0.25%
|
*APY = Annual Percentage Yield
Dividend Computation and Crediting
Share Savings dividends are calculated and credited on the last day of each month. Dividend rates are subject to change on a monthly basis. The Dividend Rate stated above is as of the last day of the previous month. Account maintenance or activity fees could reduce your earnings on a Share account. Contact BrightView Credit Union for a complete Rate and Fee Schedule.
Back to Top
**All rates quoted are Annual Percentage Rates (APR)
All consumer loans at BrightView Credit Union are open end, simple interest loans. All loan terms are stated as the approximate number of months for the specified loan. The exact term of your loan may vary depending on, among other things, the exact day each month that you pay your payment and the number of days in between payments. The final payment on your loan may be slightly more or slightly less than an exact monthly payment. For more details contact BrightView Credit Union.
| Go To Calculators | Back to Top |
|
