American
Spirit Federal Credit Union
1110 Elkton Road
Newark, Delaware 19711
(302) 738-4515
Loan Rates Effective: January 1, 2003
“Great Rates for Great Credit”
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Home Equity Loans (Line of Credit)
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Prime + 2.5%
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Share Secured Loans (Shares, Money Market Accounts, Certificates)
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2% above share rate
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*Unsecured Loans
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*Vehicle Loans (New and Used), Boats, RV’s, Motorcycles
(Durations are approximate)
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24 Months
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36 Months
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48 Months
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60 Months
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72 Months
|
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10.90%
to
18.00%
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6.50%
to
18.00%
|
6.75%
to
18.00%
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7.00%
to
18.00%
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7.25%
to
18.00%
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8.00%
to
18.00%
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*Second Mortgage and Fixed Rate
Home Equity Loans
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|
5 Year Term
|
10 Year Term
|
15 Year Term
|
|
80%
|
90%
|
100%
|
80%
|
90%
|
100%
|
80%
|
90%
|
100%
|
|
6.00%
to
9.50%
|
8.00%
to 12.50%
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9.00%
to 13.50%
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7.00%
to
10.50%
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8.50%
to
13.50%
|
9.50%
to
14.50%
|
8.50%
to
11.50%
|
9.00%
to
14.50%
|
11.00%
to
16.50%
|
VISA
|
Annual Percentage Rate
|
|
10.90%
|
|
The
rates stated are available on approved credit. Rates will be determined by
the individual creditworthiness of each applicant. Not all applicants will
qualify for the lowest rate.
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*Preferred borrower rate reduction of ½ percent apply to
members who elect qualifying products.
Page Updated 11/24/02
