Dividend Rate and Loan Rates

  ERRL Home Page

  Board and Committee Members

  Newsletters

  FAQ's

  The following links will leave this
  site. You will need to use the back
  button to return.

  PA Credit Union Association

  Credit Union National Association
  (CUNA)

  National Association of Federal
  Credit Unions (NAFCU)

  National Credit Union Administration
  (NCUA)

Dividend Rate

1.75% APR; 1.76% APY

Your Credit Union strives to ensure that its dividends are in line with current economic times. Our responsibility to membership is taken seriously and adjustments are made based on the welfare of the membership. At each monthly meeting, the Board evaluates current rates and sets a rate that is in concert with good business practices.

Savings are insured up to $100,000 by NCUSIF

Your shares in ERRL Federal Credit Union are insured by the National Credit Union Share Insurance Fund (NCUSIF), an arm of NCUA. Established by Congress in 1970 to insure member share accounts at federally insured credit unions, the Fund is managed by NCUA under the direction of the three-person NCUA Board. Share insurance is similar to deposit insurance provided by the Federal Deposit Insurance Corporation (FDIC).

Loan Rates

The loan rates at the Credit Union are extremely competitive. Other than new car loans from car dealers where there may be hidden costs or limited terms, our rates are equal to or better than most banks.

Loan rates are subject to change at the review and discretion of the Board of Directors.

__________________________________________

Loan Application

Co-Signer/Guarantor's Application

(Please printout PDF files and Fax or Mail to office)
_________________________________________________

Car Loan Rate

*** NEW CAR Loan Sale ***

		Current Rate	Sale Rate
New Cars:	48 mths or less 49 mths - 60 mths 61 mths - 72 mths	5.50% APR 6.00% APR 6.50% APR	5.25% APR* 5.25% APR* 5.25% APR*
Used Cars:	36 mths or less (term) 37 mths - 48 mths 49 mths - 60 mths	5.75% APR 6.25% APR 6.75% APR

*Payroll/electronic payment required.
(If automatic payment is terminated the balance of the loan will revert to the rates at the time the loan was taken.  60 day grace period applies.)

And borrow 100% of the purchase price!

Our Other Rates

 

Last revised: 05/22/08