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Rates

Rates effective as of 02/2023

Vehicle Loans

Apply for a loan online Click HereRead our disclosures
YEAR ANNUAL PERCENTAGE RATE (APR) TERMS
New Vehicles      

2022 or newer vehicles

2022 or newer vehicles

2022 or newer vehicles

New Motorcycles

 as low as 5.99% apr = annual percent rate

as low as 6.49% apr = annual percent rate

as low as 6.75% apr =annual percent

as low as 5.99% apr = annual precent

Up to 60 months

borrowing over $25,000.00  72 months

borrowing over $35,000.00 84 months

Up to 60 months

Used Vehicles      

2015 to current

2015 and older

 

Used Motorcycle 2015 to current 

Used Motorcycle 2015 older                

as low as 6.49% apr = annual percent rate

as low as 8.25% apr = annual percent rate

 

as low as 6.49% apr = annual percent rate

as low as 8.25%apr = annual percent rate

 

Up to 60 months

Up to 48 months

 

up to 60 months

up to 60 months

 

 

New Recreational Vehicles (Boats, Motor Homes, Trailers, Campers,      Jet Skis,  Snowmobiles,  ATV)

as low as 7.25%apr = annual percentage rate 

as low as 7.49%apr = annual percentage rate

as low as 7.99%apr = annual percentage rate

as low as 8.49%apr = annual percentage rate

Up to 60 months

61- 84 months

85 - 120 months

121 - 180 months with a min of $50,000.00 and 10% down.

     
All loan payments 15 or more days late, will be charged a late fee.
  
Signature Loans ($4,000.00 limit including bill consolidations)

 

Loan ANNUAL PERCENTAGE RATE TERMS

Personal Loan

as low as 8.99% apr = annual percentage rate 36 Months
Share Secured 2.50% apr = annual percentage rate up to 60 Months 


More Rates

 

 Share Accounts

Savings Rates $99.99 (accounts greater than will earn dividend) 0.05% apy = annual percentage yield  
Club Rates $99.99 (accounts greater than will earn dividend) 0.05% apy = annual percentage yield  

APR = Annual Percentage Rate  • APY = Annual Percentage Yield


Electrical Workers Local CU
1366 Porter
Detroit, Michigan 48226
313.963.6060
Fax: 313.962.6973
ewcu@att.net