T
Auto Loan Rates
h e
As of May 19, 2014
(Rates Subject To Change At Any Time)
www.ohecu.com
O
ANNUAL
PERCENTAGE
LOANTERMRATE*NOTES
h i o
E
d u c a t i o n a l
New Auto —2013 & Newer
73-84 Months
73-84 Months 3.64%
3.39%
Less than 20% down payment
20% or more down payment
New Auto —2013 & Newer
up to 72 Months
up to 72 Months
2.69%
2.44%
Less than 20% down payment
20% or more down payment
Used Auto —2012 & Newer
73-84 Months
73-84 Months
3.66%
3.41%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2012 & Newer
up to 72 Months
up to 72 Months
2.73%
2.48%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2009–2011
up to 60 Months
up to 60 Months
2.88%
2.63%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2007–2008
up to 48 Months
up to 48 Months
3.07%
2.82%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2005–2006
up to 48 Months
up to 48 Months
4.22%
3.97%
Less than 20% down payment‡
20% or more down payment‡
College Graduate Auto Program — For recent college graduates who are employable but do not yet have a job
ANNUAL
PERCENTAGE
LOANTERMRATE*NOTES
C
r e d i t
New Auto —2013 & Newer
up to 72 Months
up to 72 Months
4.23%
3.98%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2012 & Newer
up to 72 Months
up to 72 Months
4.23%
3.98%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2009–2011
up to 60 Months
up to 60 Months
5.39%
5.14%
Less than 20% down payment‡
20% or more down payment‡
Used Auto —2007–2008
up to 48 Months
up to 48 Months
5.58%
5.33%
Less than 20% down payment‡
20% or more down payment‡
* The best annual percentage rate available only to OHecu member with Tier A+ credit, with automated payment from your OHecu account. All loans subject to approved credit. A complete disclosure of OHecu Auto Loan Rates is provided at the end of this document.
‡ Automobiles titled lass than 12 months and having less that 15,000 miles are eligible for New Auto Loan Rates.
U
n i o n
PLEASE NOTE: The information provided here is accurate as of the above date
and may have changed. To find out what may have changed, contact The Ohio
Educational Credit Union at 216-621-6296 or write us at P.O. Box 93079, Cleveland, OH
44101-5079. Rates and terms are subject to change without notice. This disclosure
is made as an invitation for your inquiries only. It is not meant to be a part of any
contract. Please refer to the terms and conditions of your signed contract. Interest
rates, dividend rates and/or annual fees are subject to change.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
The Credit Union will not discriminate on a prohibited
basis in approval of loan applications.
Your deposits are
insured to $250,000
per account.
This institution is not federally insured.
Members’ accounts are not insured or guaranteed by
any government or government-sponsored agency.
T
h e
Boat, RV & Motorcycle
Loan Rates
www.ohecu.com
As of May 19, 2014
(Rates Subject To Change At Any Time)
O
h i o
ANNUAL
PERCENTAGE
LOANTERMRATE*NOTES
E
d u c a t i o n a l
New Boat —2012 & Newer
180 Months
120 Months
72 Months
4.28%
4.83%
5.42%
Up to $100,000
Used Boat —2005 & Newer
180 Months
120 Months
72 Months
4.79%
5.33%
5.92%
Up to $100,000
New Recreational Vehicle —2013 & Newer
180 Months
120 Months
72 Months
4.28%
4.83%
5.42%
Up to $150,000
Used Recreational Vehicle —2006 & Newer
180 Months
120 Months
72 Months
4.79%
5.33%
5.92%
Up to $100,000
New Motorcycle —2013 & Newer
up to 60 Months
5.10%
No down payment required
Used Motorcycle —2006–2012
up to 60 Months
5.60%
No down payment required
New Other Titled —2012 & Newer
(ATVs, Personal Watercraft, Trailers, etc.)
up to 60 Months
6.48%
No down payment required
Used Other Titled —2005–2011
(ATVs, Personal Watercraft, Trailers, etc.)
up to 60 Months
6.99%
No down payment required
* The best annual percentage rate available only to OHecu member with Tier A+ credit, with automated payment from your OHecu account. All loans subject to approved credit. A complete disclosure of OHecu Boat, RV and Motorcycle Loan Rates is provided at
the end of this document.
C
r e d i t
U
n i o n
PLEASE NOTE: The information provided here is accurate as of the above date
and may have changed. To find out what may have changed, contact The Ohio
Educational Credit Union at 216-621-6296 or write us at P.O. Box 93079, Cleveland, OH
44101-5079. Rates and terms are subject to change without notice. This disclosure
is made as an invitation for your inquiries only. It is not meant to be a part of any
contract. Please refer to the terms and conditions of your signed contract. Interest
rates, dividend rates and/or annual fees are subject to change.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
The Credit Union will not discriminate on a prohibited
basis in approval of loan applications.
Your deposits are
insured to $250,000
per account.
This institution is not federally insured.
Members’ accounts are not insured or guaranteed by
any government or government-sponsored agency.
T
Consumer Loan Rates
h e
As of May 19, 2014
(Rates Subject To Change At Any Time)
www.ohecu.com
O
ANNUAL
PERCENTAGE
LOANTERMRATE*NOTES
h i o
Shared Secured
Up to 84 Months
3.29%
Loans up to 95% of Pledged Shares
—
Various
Visit OHecu website “Visa® Platinum Card”
Quick-Cash — Term Loan
Up to 48 Months 13.02% Quick-Cash — Bill Payer
Up to 60 Months 16.23%
VISA® Platinum Card
E
Quick-Cash — Home Improvement
Up to 48 Months 9.76%
Minimum $500. Checks to be made payable
to contractor or supply company at closing
d u c a t i o n a l
Quick-Cash — Personal Wellness Loan
Up to 48 Months
9.76%
Min. $500. Checks to be made payable
to medical provider
Quick Cash — Summer Loan Special
Up to 25 Months
9.99%
Min. $500. Available from May 19, 2014 through
September 6, 2014
Student Loans
ANNUAL
PERCENTAGE
LOANTERMRATE*NOTES
Private Line-of-Credit
—
6.00%
Prime Rate +2.5% or 6% minimum rate
whichever is greater. Monthly periodic
rate is 0.50%. This rate may vary.
* The best annual percentage rate available only to OHecu member with Tier A+ credit, with automated payment from your OHecu account. All loans subject to approved credit. A complete disclosure of OHecu Consumer Loan Rates is provided at the end of this document.
C
r e d i t
U
n i o n
PLEASE NOTE: The information provided here is accurate as of the above date
and may have changed. To find out what may have changed, contact The Ohio
Educational Credit Union at 216-621-6296 or write us at P.O. Box 93079, Cleveland, OH
44101-5079. Rates and terms are subject to change without notice. This disclosure
is made as an invitation for your inquiries only. It is not meant to be a part of any
contract. Please refer to the terms and conditions of your signed contract. Interest
rates, dividend rates and/or annual fees are subject to change.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
The Credit Union will not discriminate on a prohibited
basis in approval of loan applications.
Your deposits are
insured to $250,000
per account.
This institution is not federally insured.
Members’ accounts are not insured or guaranteed by
any government or government-sponsored agency.
T
Mortgage Loan Rates
h e
As of May 19, 2014
(Rates Subject To Change At Any Time)
www.ohecu.com
O
ANNUAL
PERCENTAGE
LoanTermRate*APR††Notes
h i o
Home Equity — Line of Credit
20 Year max. 3.25%
3.25%
Loan to Value† <= 80%
Variable Rate (Based on Prime Rate + a margin)
Prime Rate +0.00% (Minimum Rate of 3.25%)§
Monthly periodic rate is 0.2709%
20 Year max. 3.75%
3.75%
Loan to Value† > 80% and <= 85%
Prime Rate +0.50% (Minimum Rate of 3.25%)§
Monthly periodic rate is 0.3125%
E
d u c a t i o n a l
20 Year max. 4.25%
4.25%
Loan to Value† > 85% and <= 90%
Prime Rate +1.00% (Minimum Rate of 3.25%)§
Monthly periodic rate is 0.3542%
Home Equity Term Loan
For rates, contact any OHecu Branch Office or
Second Mortgage
A variety of repayment terms to meet your budget.
call our 24-Hour Loan Application Department at
Fixed Rate
1-800-552-6328.
Non-Owner Occupied
Second Mortgage
Fixed Home Equity
60 Months
120 Months
180 Months
9.50%
9.75%
10.00%
9.50%
9.75%
10.00%
Loan to Value† <= 65%
Loan to Value† <= 65%
Loan to Value† <= 65%
Non-Owner Occupied —
20 Year Max.
6.25%
6.25%
Loan to Value† <= 65%
Home Equity Line of Credit
Monthly periodic rate is 0.5280%
Variable Rate
First Mortgages
Various Fixed and Adjustable Rate Mortgages
Contact 24-Hour Loan Application Department
180-Day Rate Lock Available
1-800-552-6328 or visit www.ohecu.com
and use Loan Application for current rates
* The best rate available only to OHecu member with Tier A+ credit, with automated payment from your OHecu account. All loans subject to approved credit.
† Loan to Value equals the percentage of the value of the house less any first mortgage.
†† APR= Annual Percentage Rate and is based on a $100,0000 loan.
C
Non-Owner Occupied 2nd Mortgage – Fixed Rate Home Equity as low as 9.50% (9.50% APR) for a $100,000
loan amount for a 60‐month term with a payment of $2,100.19.
r e d i t
Non-Owner Occupied 2nd Mortgage – Fixed Rate Home Equity as low as 9.75% (9.75% APR) for a $100,000
loan amount for a 120‐month term with a payment of $1,307.70.
§ Credit tiers “A+”, “A”, “B”, “C”, and “D” are eligible for a 2.99% introductory rate for
a period of six (6) full billing cycles from the HELOC booking date. Applications
must be received on or after September 4, 2012.
Non-Owner Occupied 2nd Mortgage – Fixed Rate Home Equity as low as 10.00% (10.00% APR) for a
$100,000 loan amount for a 180‐month term with a payment of $1,074.61.
U
n i o n
PLEASE NOTE: The information provided here is accurate as of the above date
and may have changed. To find out what may have changed, contact The Ohio
Educational Credit Union at 216-621-6296 or write us at P.O. Box 93079, Cleveland, OH
44101-5079. Rates and terms are subject to change without notice. This disclosure
is made as an invitation for your inquiries only. It is not meant to be a part of any
contract. Please refer to the terms and conditions of your signed contract. Interest
rates, dividend rates and/or annual fees are subject to change.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
The Credit Union will not discriminate on a prohibited
basis in approval of loan applications.
Your deposits are
insured to $250,000
per account.
This institution is not federally insured.
Members’ accounts are not insured or guaranteed by
any government or government-sponsored agency.
T
Loan Rate Disclosures
h e
As of May 19, 2014
(Rates Subject To Change At Any Time)
www.ohecu.com
APR=Annual Percentage Rate
O
h i o
E
d u c a t i o n a l
Disclosures for OHecu Auto Loans
Disclosures for OHecu Boat, RV, & Motorcycle Loans
Offer good to new or used (titled) auto loans financed directly through any Ohecu office and can
be used to refinance a non‐Ohecu auto loan. These product terms cannot be used to refinance an
existing Ohecu loan. All examples are based on the best rate available only to OHecu member with
Tier A+ credit, with automated loan payment initiated by OHecu.
Offer good to new or used (titled) Boat, RV, and Motorcycle loans financed directly through any Ohecu
office and can be used to refinance a non‐Ohecu boat, RV, or motorcycle loan. These product terms
cannot be used to refinance an existing Ohecu loan. All examples are based on the best rate available
only to OHecu member with Tier A+ credit, with automated loan payment initiated by OHecu.
New Auto as low as 3.49% (3.64% APR) for a $35,000 loan amount for a 84‐month term with a payment of
$472.59 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
New Boat as low as 4.25% (4.28% APR) for a $75,000 loan amount for a 180-month term with a payment of
$565.53 on a 2012 and newer model.
New Auto as low as 3.24% (3.39% APR) for a $35,000 loan amount for a 84‐month term with a payment of
$468.59 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
New Boat as low as 4.75% (4.83% APR) for a $50,000 loan amount for a 120-month term with a payment of
$526.07 on a 2012 and newer model.
New Auto as low as 2.49% (2.69% APR) for a $30,000 loan amount for a 72‐month term with a payment of
$451.62 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
New Boat as low as 5.25% (5.42% APR) for a $35,000 loan amount for a 72-month term with a payment of
$570.58 on a 2012 and newer model.
New Auto as low as 2.24% (2.44% APR) for a $30,000 loan amount for a 72‐month term with a payment of
$448.28 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
Used Boat as low as 4.75% (4.79% APR) for a $75,000 loan amount for a 180-month term with a payment of
$584.74 on a 2005 and newer models.
Used Auto as low as 3.49% (3.66% APR) for a $30,000 loan amount for a 84‐month term with a payment of
$405.41 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
Used Boat as low as 5.25% (5.33% APR) for a $50,000 loan amount for a 120-month term with a payment of
$538.34 on a 2005 and newer models.
Used Auto as low as 3.24% (3.41% APR) for a $30,000 loan amount for a 84‐month term with a payment of
$401.98 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
Used Boat as low as 5.75% (5.92% APR) for a $35,000 loan amount for a 72-month term with a payment of
$578.81 on a 2005 and newer models.
Used Auto as low as 2.49% (2.73% APR) for a $25,000 loan amount for a 72‐month term with a payment of
$376.78 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
New Recreation Vehicle as low as 4.25% (4.28% APR) for a $75,000 loan amount for a 180-month term with a
payment of $565.53 on a 2013 and newer model.
Used Auto as low as 2.24% (2.48% APR) for a $25,000 loan amount for a 72‐month term with a payment of
$374.00 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
New Recreation Vehicle as low as 4.75% (4.83% APR) for a $50,000 loan amount for a 120-month term with a
payment of $526.07 on a 2013 and newer model.
Used Auto as low as 2.49% (2.88% APR) for a $18,000 loan amount for a 60‐month term with a payment of
$322.48 on a 2009 and newer models and financing over 80% of the vehicle purchase value.
New Recreation Vehicle as low as 5.25% (5.42% APR) for a $35,000 loan amount for a 72-month term with a
payment of $570.58 on a 2013 and newer model.
Used Auto as low as 2.24% (2.63% APR) for a $18,000 loan amount for a 60‐month term with a payment of
$320.48 on a 2009 and newer models and financing over 80% of the vehicle purchase value.
Used Recreation Vehicle as low as 4.75% (4.79% APR) for a $75,000 loan amount for a 180-month term with
a payment of $584.74 on a 2006 and newer models.
Used Auto as low as 2.49% (3.07% APR) for a $15,000 loan amount for a 48‐month term with a payment of
$332.48 on a 2007 and newer models and financing over 80% of the vehicle purchase value.
Used Recreation Vehicle as low as 5.25% (5.33% APR) for a $50,000 loan amount for a 120-month term with
a payment of $538.34 on a 2006 and newer models.
Used Auto as low as 2.24% (2.82% APR) for a $15,000 loan amount for a 48‐month term with a payment of
$330.82 on a 2007 and newer models and financing over 80% of the vehicle purchase value.
Used Recreation Vehicle as low as 5.75% (5.92% APR) for a $35,000 loan amount for a 72-month term with a
payment of $578.81 on on a 2006 and newer models.
Used Auto as low as 3.49% (4.22% APR) for a $12,000 loan amount for a 48‐month term with a payment of
$272.13 on a 2005 and newer models and financing over 80% of the vehicle purchase value.
New Motorcycle as low as 4.74% (5.10% APR) for a $20,000 loan amount for a 60‐month term with a
payment of $378.33 on a 2013 and newer models.
Used Auto as low as 3.24% (3.97% APR) for a $12,000 loan amount for a 48‐month term with a payment of
$270.78 on a 2005 and newer models and financing over 80% of the vehicle purchase value.
C
College Graduate New Auto as low as 3.99% (4.23% APR) for a $25,000 loan amount for a 72‐month term
with a payment of $393.75 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
r e d i t
College Graduate New Auto as low as 3.74% (3.98% APR) for a $25,000 loan amount for a 72‐month term
with a payment of $390.89 on a 2013 and newer models and financing over 80% of the vehicle purchase value.
College Graduate Used Auto as low as 3.99% (4.23% APR) for a $25,000 loan amount for a 72‐month term
with a payment of $393.75 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
Used Motorcycle as low as 5.24% (5.60% APR) for a $20,000 loan amount for a 60‐month term with a
payment of $382.95 on a 2006 and newer models.
New Other Titled as low as 6.00% (6.48% APR) for a $15,000 loan amount for a 60‐month term with a
payment of $293.38 on a 2012 and newer models.
Used Other Titled as low as 6.50% (6.99% APR) for a $15,000 loan amount for a 60‐month term with a
payment of $296.92 on a 2005 and newer models.
Disclosures for OHecu Consumer Loans
U
College Graduate Used Auto as low as 3.74% (3.98% APR) for a $25,000 loan amount for a 72‐month term
with a payment of $390.89 on a 2012 and newer models and financing over 80% of the vehicle purchase value.
Quick-Cash – Term Loan as low as 12.75% (13.02% APR) for a $10,000 loan amount for a 48-month term
with a payment of $268.37.
College Graduate Used Auto as low as 4.99% (5.39% APR) for a $18,000 loan amount for a 60‐month term
with a payment of $342.90 on a 2009 and newer models and financing over 80% of the vehicle purchase value.
Quick-Cash – Bill Payer as low as 16.00% (16.23% APR) for a$10,000 loan amount for a 60-month term with
a payment of $284.82.
College Graduate Used Auto as low as 4.74% (5.14% APR) for a $18,000 loan amount for a 60‐month term
with a payment of $340.82 on a 2009 and newer models and financing over 80% of the vehicle purchase value.
Quick-Cash – Home Improvement Loan as low as 9.50% (9.76% APR) for a $10,000 loan amount for a
48-month term with a payment of $252.49.
College Graduate Used Auto as low as 4.99% (5.58% APR) for a $15,000 loan amount for a 48‐month term
with a payment of $349.40 on a 2007 and newer models and financing over 80% of the vehicle purchase value.
Quick-Cash – Personal Wellness Loan as low as 9.50% (9.76% APR) for a $10,000 loan amount for a 48-month
term with a payment of $252.49.
College Graduate Used Auto as low as 4.74% (5.33% APR) for a $15,000 loan amount for a 48‐month term
with a payment of $347.69 on a 2007 and newer models and financing over 80% of the vehicle purchase value.
n i o n
PLEASE NOTE: The information provided here is accurate as of the above date
and may have changed. To find out what may have changed, contact The Ohio
Educational Credit Union at 216-621-6296 or write us at P.O. Box 93079, Cleveland, OH
44101-5079. Rates and terms are subject to change without notice. This disclosure
is made as an invitation for your inquiries only. It is not meant to be a part of any
contract. Please refer to the terms and conditions of your signed contract. Interest
rates, dividend rates and/or annual fees are subject to change.
Quick-Cash – Summer Loan Special as low as 9.99% (9.99% APR) for a $2,500 loan amount for a 25‐month
term with a payment of $111.18.
We do business in accordance with
the Federal Fair Housing Law and
the Equal Credit Opportunity Act.
The Credit Union will not discriminate on a prohibited
basis in approval of loan applications.
Your deposits are
insured to $250,000
per account.
This institution is not federally insured.
Members’ accounts are not insured or guaranteed by
any government or government-sponsored agency.