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Lines of CreditAn open-end Line of Credit can be a valuable tool in your overall financial management strategy. Any time you need extra cash, it's available up to your predetermined credit line, or it can be used as overdraft protection for your checking account. Access can be made through eBranch, Telephone Banking, at any APL FCU ATM or by writing a check. Current Rates The variable rate for Lines of Credit is subject to change on the first of each quarter. The Annual Percentage Rate is based on the prior quarter's average 6-month Treasury bill auction price, rounded up to the nearest 1/2 percent plus 7 percent. There is no minimum rate restriction, but a maximum rate of 18.00% applies. Savings Secured LoanGet the lowest fixed rate and be approved automatically when you borrow against your APL FCU Savings or CD. Benefits
Current Rates Unsecured LoansAPL FCU offers two types of unsecured loans (Personal and 90-Day Note). Personal Loans
Current Rates 90-Day Note
Current Rates The variable rate for personal loans and 90-day notes is subject to change on the first of each quarter. The Annual Percentage Rate is based on the prior quarter’s average 6-month Treasury bill auction price, rounded up to the nearest half percent plus six percent. However, a minimum rate of 12.50% and a maximum rate of 18.00% apply. |