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Loan Rates 

  CREDIT UNION LOYALTY INCENTIVE 

 

Take Advantage Of Our Recapture Program!
To Say Thank You To Our Loyal Members,
We Are Offering
1% Off*
The Advertised Rate
For The Following Types of Secured Loans:

  

~ Refinance From Another Creditor
~ Trade In Old Vehicle for New
~ Pay Off Old Vehicle Then Buy New

 

Not Limited to Autos!  Snowmobiles, 4-Wheelers, Campers, and Boats Are Also Eligible!
Recapture Loans are Eligible for Automatic Payment Discount

APPLY TODAY!
(Rates below show Automatic Payment Discount; They do not include 1% Recapture Discount. 
Real Estate Loans not eligible for discount. Contact Credit Union for Details)

*Percentage is discounted off advertised Annual Percentage Rate

Last updated March 28, 2014

 

 

          Set your secured loan up on automatic payments
and receive 0.25% off your rate.
 
 
Rates shown are with discount    

Auto
Effective Date: As of January 15, 2014
TypeRateTermAmount

Brand New (Untitled) Vehicles

     
  4.00% 72 Months $20,000.00 and over
  3.75% 60 Months  
  3.25% 48 Months  
  2.75% 36 Months  

2010 - 2014

     
  4.00% 72 Months $20,000.00 and over
  3.75% 60 Months  
  3.25% 48 Months  
  2.75% 36 Months  

2007 - 2009

     
  4.75% 60 Months  
  4.75% 48 Months  

2005 - 2006

     
  4.75% 60 Months $12,000.00 and over
  4.75% 48 Months  

2003 - 2004

     
  5.75% 48 Months  

2002 and Older

     
  5.75% 36 Months  

Motor Homes, Travel Trailers, Campers, Boats
Effective Date: As of January 15, 2014
YearAmountRateTerm
2009-2014      
  Up to $5,000 4.75% 48 Months
  $5,000 to $10,000 4.75% 60 Months
  $10,000 and over 4.75% 120 Months/3 yr balloon
2007 - 2008      
  Up to $5,000 4.75% 48 Months
  $5,000 to $10,000 4.75% 60 Months
  $10,000 and over 4.75% 120 Months/3 yr balloon
2006 and Older      
  Up to $5,000 5.75% 48 Months
  $5,000 to $10,000 5.75% 60 Months
  $10,000 and over 5.75% 120 Months/3 yr balloon

Other Vehicles
Effective Date: As of January 15, 2014
Recreational vehicles, 4 wheelers, motorcycles, golf carts, snowmobiles, jet skis, riding mowers/tractors *If financing more than $10,000.00 refer to the Auto Rates listing.
YearRateTerm
2014 - 2009    
  4.75% 48 Months
  4.75% 36 Months
2008 and Older    
  5.75% 48 Months
Motorcycles & ATVs over $10,000: Please Refer to Auto Rates Above    

Miscellaneous Secured
Effective Date: As of July 22, 2013
TypeRateTerm
New 4.75% 48 Months
Used 5.75% 48 Months

Unsecured
Effective Date: As of July 22, 2013
AmountRateTerm
$7,500.00 Max 7.00% 42 Months
  9.00%

48 Months
$5,000.00 And Over

  11.00%

60 Months
$5,000.00 And Over

  15.00% 30-60-90 Days

Share Pledge
Effective Date: As of July 21, 2011
Rate
4.00%

Credit Cards - Platinum
Earn Rewards!
Rate

12.90% APR Click here for Cardholder Agreement, Disclosures, and Rate Information.

Fixed Rate Home Equity
Effective Date: September 25, 2013
The information below assumes a loan amount of $50,000 and no discount points paid. Baraga County Federal Credit Union will loan up to 80% of the home value minus applicable first mortgages. Assumptions also include the borrower is the existing owner with no changes in title required & the property is the primary residence. The home is a Single Family Detached located in Baraga, Houghton, Ontonagon, or Marquette County, Michigan. There is no escrow for taxes and insurance. Rate lock period is 45 days. All loans require credit approval.
TermRateAPR
60 Months 3.10% 3.773%
84 Months 3.30% 3.790%
120 Months 3.50% 3.851%

Fees may apply.
Call us at (906) 524-6151 or email us at mortgagesbcfcu@up.net today!

Home Equity - Variable Rate
Variable rate is based on an Index of the Prime Rate + Margin of 1%. Floor rate is 6%; maximum rate is 18%. See Credit Union for details.
Rate
6.00%

*Rates and terms are subject to change without notice. All loan applications are subject to credit approval with parameters as stated in the loan policies.
*All loan rates are Annual Percentage Rates (APR).

Equal Housing LenderNational Credit Union Administration
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act