Savings & Loan Rates

Savings Accounts

The CU offers various Savings Accounts, called SHARES. Available are a regular share account (every member has this account with a minimum balance requirement of $5), a Christmas Club account, and other specialty share accounts which can be tailored to the needs of each member.

Loans

The CU offers various loans at competitve fixed rates. Any CU member in good standing with the CU may apply for a loan. Loan approval decision is based on credit history, BEACON (credit) score, and debt to income ratio of the applicant. Loan limits and rates are reviewed at least quarterly by the CU Board, and are subject to change without notice.

St. Thomas Employee Federal Credit Union

New  auto, truck or motorcycle loan rates*

   

 2016 and newer

       
Equifax Credit Score 36 Months 48 Months 60 Months 72 Months
750 Plus 1.90% 1.90% 1.90% 2.19%
700-749 2.25% 2.50% 2.75% 2.99%
650-699 3.25% 3.50% 3.75% 4.00%
600-649** 4.25% 4.50% 4.65% 4.85%
  * Up to 115% of NADA retail value possible .      **Requires board approval  
         

Newer/used auto, truck or motorcycle loan rates *

 

 2010-2015 YEARS

       
Equifax Credit Score 36 Months 48 Months 60 Months 72 Months
750  Plus 1.90% 1.90% 1.90% 2.19%
700-749 2.50% 2.75% 3.00% 3.25%
650-699 3.50% 3.75% 4.00% 4.25%
600-649** 4.50% 4.75% 5.00% 5.25%
  *  Up to 115% of NADA retail value possible .  **Requires board approval         
         

 2009 or older auto, truck or motorcycle rates*

 
Equifax Credit Score 36 Months 48 Months 60 Months 72 Months
750 Plus 4.90% 4.90% 4.90% NA
700-749 5.50% 5.75% 6.00% NA
650-699 6.50% 6.75% 7.00% NA
600-650** 8.50% 8.75% 9.00% NA
*Up to 90% of NADA retail value possible.  **Requires board approval  
         

Signature loan for up to $3,000 for 3 years, 12% less discount.

   
         

High Beacon signature loans up to $8,000 for 6 years based upon credit score.

 
         

*** Current loans in aggregate to any one member may not exceed $45,000.

 
         

**** The St. Thomas EFCU does not finance SALVAGED VEHICLES  

 
         

 

Specials

2016 Santa Loan Special

Beginning Monday,November 14, 2016

$1,200.00 Santa Loan Special @ 10% for one year term.

600 or greater credit score required - NO EXCEPTIONS