Loan Rates
VISA Credit Card Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max. Amount: $5,000.
Rate:
12.90% Details:
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Vacation Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max. $2,000.
Rate:
9.99% Details:
Vacation Loans are offered from May 1st until July 31st.
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Share Secured Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Your Share Balance
Rate:
6.57% - 9.00% Details:
| Loan Type | Rate | Term |
| 50% Share Secured | 9.00% | 120 Months |
| 100% Share Secured | 6.57% | 240 Months |
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Personal Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max: $10,000
Rate:
8.70% - 20.00% Details:
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Home Equity Loans - Variable
Effective Date:
January 1, 2012
Balance Requirements:
Max: $400,000. See details.
Rate:
3.50% - 5.25% Details:
Maximum Term: 15 years.
Maximum Amount: $400,000 or 90% of property appraisal value, whichever is less.
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Variable Home Equity Line of Credit rate is equal to the U.S. Prime Rate plus either 0.25% or 2.00% depending on the borrowers' credit score. This rate is subject to change on a monthly basis.
Home Equity Loans - Fixed
Effective Date:
January 1, 2012
Balance Requirements:
Max: $400,000. See details.
Rate:
5.50% - 8.90% Details:
Maximum Term: 15 years.
Maximum Amount: $400,000 or 90% of property appraisal value, whichever is less.
For Terms 7 years or less the rate can be as low as 5.50%
For Terms longer than 7 years rates are as low as 6.9%
All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Education Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max: $10,000
Rate:
9.25% Details:
Maximum term is 60 months. All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Computer Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max: $10,000
Rate:
9.25% Details:
Maximum Term of 60 months. All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Christmas Loan Rates
Effective Date:
January 1, 2012
Balance Requirements:
Max. $2,000.
Rate:
9.50% Details:
Christmas Loans are offered from October 15th until February 28th (or 29th). All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
Certificate Secured Loans
Effective Date:
January 1, 2012
Balance Requirements:
See details.
Rate:
3.00% above cert. rate Details:
Only certificates held at Piedmont Credit Union may be used for collateral. The rate is equal to exactly 3.00% above the dividend rate that the certificate is currently paying. For instance, if your certificate is earning 3.75% then your loan rate would be 6.75%. The amount borrowed cannot exceed the current balance of your certificate. All Loan Rates, Maximum Amounts, Terms, Payments, and Loan Approval are determined by several factors including but not limited to credit history, income, and other account relationships already established with Piedmont Credit Union.
