| New
Auto Loans |
St. Anne Credit Union requires a 5% down
payment on all new auto loans. Terms range from 2 to 5 years. Before your loan can be
finalized, we will need the following:
| Main Share Account with $25.00 minimum balance |
| Proof of income (copy of recent paystub) |
| $12.00 fee for Single Vendor's Interest Insurance |
| Insurance Binder |
| Copy of Purchase Contract* |
Copy of RMV-1 form.* We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894 |
|
| * On refinances, we will need a copy of registration
and a copy of financial note in place of these forms. We will also need $25.00 for the
Registry of Motor Vehicles to add us as lienholder. |
view rates |
| Used
Auto Loans |
| St. Anne Credit Union requires a 10%
downpayment on all used auto loans and accepts autos up to 7 model years old. Terms range
from 2 to 5 years, depending on the model year. Before your loan can be finalized, we will need the following:
| Main Share Account with $25.00 minimum balance |
| Proof of income (copy of recent paystub) |
| $12.00 fee for Single Vendor's Interest Insurance |
| Insurance Binder |
| Copy of Purchase Contract* |
Copy of RMV-1 form.* We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894 |
|
| * On refinances, we will need a copy of registration
and a copy of financial note in place of these forms. We will also need $25.00 for the
Registry of Motor Vehicles to add us as lienholder. |
view rates |
| New Motorcycle
Loans |
St. Anne Credit Union requires a 20% down
payment on all new motorcycle loans. Maximum term is 36 months. Motorcycle must be
"Street Legal", and carry required Fire, Theft and Collision insurance coverage.
Before your loan can be finalized, we will need the following:
| Main Share Account with $25.00 minimum balance |
| Proof of income (copy of recent paystub) |
| $12.00 fee for Single Vendor's Interest Insurance |
| Insurance Binder |
| Copy of Purchase Contract* |
Copy of RMV-1 form.* We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894 |
|
| * On refinances, we will need a copy of registration
and a copy of financial note in place of these forms. We will also need $25.00 for the
Registry of Motor Vehicles to add us as lienholder. |
view rates |
| Personal
Loans |
| Borrow from $500.00 to $7,500.00 for
terms ranging from 6 months to 4 years. Watch for special loans through the year. view rates |
| Consumer
Loans |
| This is similar to a personal loan with one exception.
The payment must be automatically withdrawn from your savings account. By allowing the
credit union to do this, you receive a full one percentage point discount. If the funds
are not in your account on your due date, the credit union will increase your rate from
9.75% to 10.75%, or 11.50% to 12.50%. You may borrow from $500.00 to $7,500.00 for terms
up to four years. view rates |
| Share
Loans |
| This type of loan is secured by your Main Share Account.
You can borrow up to 90% of the balance in your account for 3% over the current share
rate. You still earn interest on your savings. The maximum term is 48 months. Monthly
payments of principal and interest are required. Loans
secured by Certificates of Deposit accounts are also available at a rate of 3% over the
rate you are receiving on your CD. Your loan will mature on the same day the CD securing
it does.
view rates |
| Equity
Loans |
This is a fixed rate loan on your home. St. Anne Credit
Union will loan up to 80% of the appraised value of your property less the first mortgage.
The terms are five to fifteen years. The same fees apply as for the Equity Line of Credit.
The loan is available on owner occupied property only.
|
| Equity Line of Credit |
St. Anne Credit Union will loan up to 80% of the
appraised value of your property less the first mortgage. The loan is available on owner
occupied property only. The same fees apply as for the Equity Loan.
|
| Mortgage
Loans |
| We offer fixed rate mortgages from 5 to 30 years, and 3 year adjustable
rate mortgages based on a 30 year amortization. Please call for current information on our
mortgage plans. view rates |
