JACOMCU

At JACom Credit Union we offer a variety of loans to meet your borrowing needs. All loan approvals are subject to credit and income evaluation. Rates vary depending on one’s credit worthiness, terms, and amount financed. Rates and terms are subject to change without notice.

For Credit Life and/or Credit Disability Insurance calculator, please click here.

To apply for a loan, please click here.

Personal, Credit Card, & Other Loans

Loan Type	Maximum Financing	MAX TERM	APR
Shared Secured	avail. amt. in shares	84 mos	3.00% *
* + last declared dividend rate
Consent to pledge	avail. amt. in pledger’s shares	84 mos	3.00% **
* * + last declared dividend rate
Shared Certificate	amt. in share certificate	*** (7)	3.00% ****
Co-maker	$7.500.00	48 mos	16.50%
Signature	$5,000.00(3)	48 mos	16.50%
Vacation	$5,000.00(4)	12 mos	13.50%
	$5,000.00(4)	36 mos	14.50%
Share Draft - ATM/Overdraft Protection (increments of $200.00)	$1,000.00	24 mos	16.50%
Visa card	$10,000.00	--	12.60%
Home Loans -- 1st & 2nd	Coming back soon.
*** remaining term of certificate    **** + rate earned

New Auto Loans

Loan Type	Maximum Financing	MAX TERM	APR
New Auto (5) (6)	80% of Purchase price	60 mos	3.90%
	80% of Purchase price	72 mos	4.90%
	90% of Purchase price	60 mos	4.90%
	90% of Purchase price	72 mos	5.90%
	100% of Purchase price	60 mos	5.90%
	100% of Purchase price	72 mos	6.90%
Auto Junction (8)	Financing, term, and rates, same as avove +1.00%
***** Dealer purchases only. No private party sales

Pre-Owned Auto Loans

Loan Type	Maximum Financing	MAX TERM	APR
Pre-Owned or Refinance From Another Institution Auto ≤ 3 years (1) (2) (5) Auto Secured ≤ 3 years (1) (5)	80% of Purchase price	60 mos	4.90%
	80% of Purchase price	72 mos	5.90%
	90% of Purchase price	60 mos	5.90%
	90% of Purchase price	72 mos	6.90%
	100% of Purchase price	60 mos	6.90%
	100% of Purchase price	72 mos	7.90%
Auto Junction (8)	Financing, term, and rates, same as avove +1.00%

Motorcycle Loans

Loan Type	Maximum Financing	MAX TERM	APR
New Motorcycle	100% of Purchase price	60 mos	7.00%
	90% of Purchase price	60 mos	8.00%
*****Dealer purchases only. No private party sales

ALL LOANS ARE SUBJECT TO CREDIT APPROVAL.
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
Rates accurate as of 02/01/23. *Please call the Credit Union for current rates.
APR = Annual Percentage Rate. For example, a loan at 2.67% APR for 60 months will
have a monthly payment of $17.83 per $1000 borrowed.

(1) A $50.00 CU processing fee is required. If applicable, any DMV fees and sales tax is also required.
(2) Amount financed is based on the lower of the average Blue Book or the purchase price.
(3) 20% must be secured in shares.
(4) 10% must be secured in shares.
(5) Loan rates listed above are the lowest rates offered based upon applicant's individual credit history plus other factors.
(6) New autos financed for less than three months through dealer financing can be re-financed at the CU at the new auto
     rate and term. A $50 CU processing fee, DMV fees, and a purchase order is required.
(7) If longer than 3 months, the share certificate will be closed early (fees waived), funds put into the shares,
      and a share secured loan can be taken out.
(8) A $795.00 CU processing fee is required. $195.00 return fee and $0.10 per mile excess mileage fee (only applicable if vehicle is returned in lieu of making final balloon payment).