Parish Members Credit Union

Loan Rates

Any member of Parish Members Credit Union is eligible to apply for credit, provided the member is of legal age to enter into a binding contract and the member has not caused a loss to the credit union. Credit requests will be accepted in writing or a completed application. A copy of the application is provided for your convenience. AUTO LOANS STARTING AT 3.15% WITH QUALIFYING CREDIT SCORE AND DIRECT DEPOSIT

Rates are effective November 14,2018 and are subject to change.

Loan Type	Term	APR (Cash Pay)	APR (Direct Deposit or Payroll Deduction)
New Vehicles 2018 and 2019 Model Years	Up to 60 months and Qualifying Credit Score	3.65%	3.40%
Used Vehicle 2016 - 2018 Model Years	Up to 60 months	3.90%	3.65%
Used Vehicle 2012-2015 Model Years	Up to 60 months	5.40%	5.15%
Used Vehicle 2011 and older Model Years	Up to 60 months	6.40%	6.15%
Unsecured Personal Loans	Up to 12 months.	4.50%	4.25%
	Up to 24 months.	6.50%	6.25%
	Up to 36 months.	8.50%	8.25%
Shared Secured Personal Loans	1.50 %With Direct Deposit or Payroll Deduction
Credit Card Interest Rate	11.00%

Repayment Example – A 60 month new vehicle loan for $20,000 with a 3.15% APR would result in 60 payments of $360.71