Current Rates and Disclosures

For years, Hercules Credit Union has offered the most comprehensive consumer lending department anywhere! It is the mission of the Hercules Credit Union to offer the lowest interest rates possible to our members. Whatever your financing need is, we offer the most competitive terms, along with the most convenient, fast, and friendly service anywhere.

Applying is easy! You can apply online, request a faxed loan application, request an email loan application, stop into the Credit Union, or simply call one of our Loan Specialists. In most cases, we can approve and close your loan the very same day you apply.

Auto, RV and Boat Loans

Fico Score Up to 60 months Up to 72 months Up to 84 months
730+ 2.75% APR* 3.19% APR 3.49% APR
700+ 2.99% APR 3.29% APR
3.75% APR
670+ 3.74% APR 4.24% APR 6.25% APR
640+ 4.99% APR 6.95% APR 7.75% APR
600+  6.95% APR 9.25% APR 10.25% APR
550+  9.95% APR n/a n/a
549 or less 15.95% APR n/a n/a

* Annual Percentage Rate. Rates listed as of July 1, 2017. Loans are subject to credit approval. The minimum monthly payment for a loan with a 2.75% APR and a 72 month term is $15.08 per $1000. Membership required-based on eligibility.

Rates are 2.49% APR on auto loans with term of 36 months or less for members with 730+ credit scores. 8-10 year terms are available at .50% above the 84 month term. Other rates & terms available, call for details.

Other Vehicle Loans

ATVs & Toys
Fixed up to 5 Years as low as 4.99%
Signature Fixed up to 5 Years
as low as 9.95%

* Annual Percentage Rate. Loans are subject to credit approval. The minimum monthly payment for a loan with a 4.99% APR and 60 month term is $18.87 per $1000 borrowed. Membership required-based on eligibility

Rates as low as listed as of July 1, 2017.  Other rates & terms available, call for details.

 

1st Mortgage Loan Rates*

Term     1/2 pt origination fee   No Fee         
5 year                      2.99% APR* 3.35% APR
7 year 3.25% APR 3.60% APR
10 year 3.50% APR 3.85% APR
12 year 3.65% APR 4.00% APR
15 year   3.75% APR 4.10% APR
20 year Call for Current Rates  n/a
30 year Call for Current Rates  n/a

* Annual Percentage Rate. Loans are subject to credit approval. Equal Housing Lender. Membership required-based on eligibility. The minimum monthly payment for a loan with a 3.75% APR and 15 year term is $7.27 per $1000 borrowed. The monthly obligation will be determined by the total loan amount at the time of closing and the term and interest rate of the loan. See our Loan Calculator for specific examples. Your actual rate, payment and costs could be higher. Get an official Loan Estimate before choosing a loan. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy with regards to your individual circumstances.

Rates are as of July 1, 2017. Rates are based on an 80% LTV (Loan to Value), on approved credit and for members with a credit score of 730 or higher. Loans are available on higher LTVs and lower credit scores at a higher rate. 20 and 30 year terms are available but rates change daily. Please call for the current rates.

Home Equity/2nd Mortgage Rates

Type F/V Term APR
Home Equity Line
80% LTV
Variable
N/A
3.90%
90% LTV
Variable
N/A
4.90%
100% LTV
Variable
N/A
5.90%
Home Equity Loan
80% LTV
Fixed
up to 5 Years
as low as 3.50%
90% LTV
Fixed
up to 5 Years
as low as 5.95%
100% LTV
Fixed
up to 5 Years
as low as 6.95%
80% LTV
Fixed
up to 10 Years
as low as 4.25%
90% LTV
Fixed
up to 10 Years
as low as 6.95%
100% LTV
Fixed
up to 10 Years
as low as 7.95%
80% LTV
Fixed
up to 15 Years
as low as 4.99%
90% LTV
Fixed
up to 15 Years
as low as 7.95%
100% LTV
Fixed
up to 15 Years
as low as 8.95%

*  Annual Percentage Rate. Rates and terms are based on creditworthiness, loan-to-value (LTV), occupancy, loan purpose and loan amount, so your rate and terms may differ. Up to 100% LTV financing is available on single family detached residences, and it is based on credit worthiness. All rates and terms quoted apply to properties that are occupied by the borrower.

Home Equity Lines – Fees, generally ranging from $50 to $1000 may be incurred depending on loan amount and loan-to-value (LTV).  Maximum APR on variable rate is 18%.

Mortgage Rates as of July 1, 2017.  Other rates & terms available, call for details.

Visa Credit Card Interest Rate

Type F/V Term APR*
VISA Platinum Fixed N/A 9.95%

* Annual Percentage Rate. On approved credit. Membership required-based on eligbility. A 1% foreign transaction fee may apply. Rates as of July 1, 2017.

Apply For A Low Rate Loan Today!

 

Savings Accounts

Type Minimum Deposit Dividend Rate APY*    
Regular Savings $100 0.10% 0.10%
Money Fund Savings $2,500 0.20% 0.20%

Certificates Of Deposit Rates

Type Minimum Deposit Interest Rate APY*    
6 Month Certificate $1,000** 0.50% 0.50%
1 Year Certificate $1,000 0.80% 0.80%
2 Year Certificate $1,000 1.00% 1.00%
3 Year Certificate $1,000 1.15% 1.16%
4 Year Certificate $1,000 1.50% 1.51%
5 Year Certificate $1,000 2.00% 2.02%

* Annual Percentage Yield. Rates as of September  1, 2017. Rates are subject to change without notice. Call to verify current rates.

** After reaching the minimum deposit, certificates may be purchased in any amount. Interest on certificates is paid to shares or to the certificate. If not notified within 10 days of the date of maturity, we will automatically renew it at the current rate for that maturity. The interest rate remains the same for the term of the deposit. There is a three month interest penalty for early withdrawals on maturities of 2 years or less and a 6 month penalty on maturities 3 years or more. You choose the term you need to meet your investment goals and your anticipation of the change in interest rates.

 

 

Other Disclosures

Funds Availability Disclosure

USA Patriot, Federal Deposit Insurance and Regulation D

Member Handbook 06.2014