SHARE ACCOUNT DIVIDEND RATES:
|$0.01 and >
These rates effective June 10, 2014
SHARE CERTIFICATES OF DEPOSIT:
$5000 minimum deposit 12 month
term .35% APY
Rates will be dependent upon the member's qualifications based on the Credit
Union's credit scoring system.
This addendum is incorporated into and becomes a part of your
LOANLINER Credit Agreement. Please keep this attached to your
LOANLINER Credit Agreement.
The ANNUAL PERCENTAGE RATES, corresponding daily periodic
rates and amount and due date of payments for each loan sub-account
are shown below. If there is no payment schedule, the amount and
due date of payments will be determined at the time of each advance
and disclosed on the Advance Request Voucher. Other charges that
may be imposed are also shown below (i.e., late charges, filing
fees, collection costs).
Borrower Category: Annual Percentage Rate: Daily Periodic Rate:
Collateral is Given
Loan amount is 100% of Retail Value
plus Sales Tax, Licensing &
*GOLD SIGNATURE LOAN
Call for details
Disbursed as needed
to until limit is reached $ 1 -
Maximum Loan Amount is $1,000.00 $ 501 -
Overdraft prevent loan rate is
Your minimum payment is calculated after each advance. The amount
and due date of your payment will be established at the time of each
advance and will be disclosed on the voucher accompanying the
advance. However, your minimum payment will never be less than
will be charged a $25.00 fee at the time of a new loan application.
If you elect member
pay credit disability insurance, and/or single or joint credit life,
the premiums will be added monthly to your loan.
Any loan payment more than 10 days past due will be
charged a $20.00 late fee.
Collection Costs: You agree to pay all costs of collecting the
amount you owe under this agreement to the extent permitted by state
You will be charged $20.00 service fee to skip one payment. You may
not skip payments more than two times in a twelve month period. A
completed Subsequent Action Form will need to be completed for
MATCH RATE PROGRAM:
Members in good standing rated Tier A or
B qualify for this benefit.
SODES Federal Credit Union staff can match an interest rate on a new secured loan
when the member proves they can obtain a lower rate through another financial
Are you planning on purchasing a
vehicle? Use NADA's website to find the retail value of the vehicle to
make sure you are getting a fair price. Click on the car to enter NADA's