- When you use a savings account to secure the loan:
- When you use a CD to secure the loan:
No Processing Fee.
|Type||Tier or Term||Interest Rate||APR1||Estimated payments|
|Savings Account||6-60 months||5.50%||5.502%*||36 months/$90.59*|
|Certificate of Deposit||$2,500-$10,000||2.75% over CD rate||3.35%**||48 months/$167.17**|
|Certificate of Deposit||$10,001 and above||2.25% over CD rate||3.098%***||60 months / $360.24***|
*APR based on a $3,000 loan amount for a 36 month term.
**APR and estimated paymet based on a $7,500 loan amount for a 48 month term. Estimated payment based on a 3.349% interest rate (2.75% over 0.599% CD rate) CD rate is subject to change.
***APR and estimated payment based on a $20,000 loan amount for a 60 month term, and reflects a financed $50 processing fee. Estimated payment based on a 3.097% interest rate (2.25% over 0.847% CD rate) CD rate is subject to change.
How to Apply
Stop by one of our convenient banking centers located throughout Chicagoland to apply for your loan