Consumer Loans

Home Equity Rates | Auto, Motorcycle, Boat, RV, ATV Loan Rates | VISA Rates | Other Loan Rates | Fee Schedule

Home Equity Rates

Convertible Home Equity Lines of Credit (Variable Rates)

Loan Type Amount Loaned / Amount Financed APR 85% Convertible Home Equity Line of Credit Minimum $5,000 85% of Assessed Value Less Any Existing Mortgage 4.00% Variable Rate with Auto Pay1 4.25% Variable Rate without Auto Pay 90% Convertible Home Equity Line of Credit Minimum $5,000 86-90% of Assessed Value Less Any Existing Mortgage 5.00% Variable Rate with Auto Pay1 5.25% Variable Rate without Auto Pay No Annual Fee, No Origination Fees. Title Report/Recording: $150,000 or less: $100; over $150,000: credit union pays first $250 of closing costs, which range from $0 to $1,500. $75 conversion fee (FINANCE CHARGE) to convert to or from a fixed rate loan. Waived for conversion loans taken when account established. Maximum APR = 18%. Property insurance required. 1Autopay from any Rivermark account.   effective 11/26/08

Once you have established your Convertible Home Equity Line of Credit you can borrow as often as you like, up to your approved limit. As you pay down the balance, the money becomes available again. If you prefer a fixed rate and payment, you may convert a portion of your credit line balance into a fixed loan, without reapplying.

Convertible Home Equity Loans (Fixed Rates)

Loan Type Amount Loaned / Amount Financed Repayment Period APR 85% Convertible Home Equity Loan Minimum $5,000 Up to 85% of Assessed Value Less Any Existing Mortgage 7 Years 5.74% Fixed Rate with Auto Pay1 5.99% Fixed Rate without Auto Pay 15 Years 6.49% Fixed Rate with Auto Pay1 6.74% Fixed Rate without Auto Pay 20 Years 6.49% Fixed Rate with Auto Pay1 6.74% Fixed Rate without Auto Pay 90% Convertible Home Equity Loan Minimum $5,000 86-90% of Assessed Value Less Any Existing Mortgage 7 Years 6.74% Fixed Rate with Auto Pay1 6.99% Fixed Rate without Auto Pay 15 Years 7.49% Fixed Rate with Auto Pay1 7.74% Fixed Rate without Auto Pay 20 Years 7.49% Fixed Rate with Auto Pay1 7.74% Fixed Rate without Auto Pay Fixed Annual Percentage Rates effective as of May 1, 2008 are subject to credit and collateral approval and may require use of auto-transfer payment option. Closing costs range from $0 to $1,500, including required property appraisal. $75 Conversion Fee (FINANCE CHARGE) applies when converting to or from a fixed rate loan, and is waived if conversion option taken when loan account is established. Maximum APR = 18%. Property insurance required. 1Autopay from any Rivermark account. effective 8/20/08

Auto, Motorcycle, Boat, RV, ATV Loan Rates

New and Used Autos, Motorcycles, RVs, Boats, ATVs

Loan Type Amount Loaned / Amount Financed Maximum Repayment Period Fees APR New Auto, Van, Pickup, SUV (Includes Tax & License) 2007 and Newer 80%-115% financing based on credit qualifications & collateral Up to 84 Months* No Fees 5.99%-18.24% T/F Used Auto, Van, Pickup, SUV 1999-2006 1996-1998 70%-110% financing based on credit qualifications & collateral Up to 72 Months* Up to 60 Months* No Fees 6.24%-18.49% T/F 9.99%-18.99% T/F New Motorcycle (Includes Tax & License) 2007 and Newer Up to 90% of Purchase Price 60 Months No Fees 5.99%-18.24% T/F Used Motorcycle 1999-2006 1996-1998 Up to 90% of High NADA 36 to 60 Months* No Fees 6.24%-18.49% T/F 9.99%-18.99% T/F New Recreational Vehicle / Boat / Personal Watercraft / Snowmobiles / ATVs (Includes Tax & License) 2007 and Newer Up to 80% of Purchase Price (Minimum $20,000 for RVs/Boats over 84 months)  85-180 months* Up to 84 months* No Fees 6.50%V* 7.50%F* Used Recreational Vehicle / Boat / Personal Watercraft / Snowmobiles / ATVs (Includes Tax & License) 1996-2006 Up to 80% of Kelley Retail (RVs) / High NADA (Boats) or Purchase Price, whichever is less. (Minimum $20,000 for RVs/Boats over 84 months) 85-180 Months* Up to 84 Months* No Fees 7.00%V* 8.00%F* F Fixed Rates - V Variable Rates - T Tiered Rates. Tiered rates based on credit qualifications and use of auto-transfer payment option from a Rivermark checking account or direct deposit to a Rivermark checking account. *Depends on purchase price / value / downpayment / amount financed. effective 10/10/08

VISA Rates

VISA

Card Type Credit Limit Grace Period for Purchases Fees APR* Classic Up to $2,499 25 days No Annual Fee 17.90% Rate Gold $2,500 - $4,999 25 days No Annual Fee 12.90% Rate Platinum Rewards $5,000 or more 25 days No Annual Fee 9.90% Rate effective 7/26/08

Consumer Loan Rates

Consumer Loans

Loan type Amount Loaned / Amount Financed Maximum Repayment Period Fees APR Personal Line of Credit $500 - $30,000 Revolving No Fees 8.25%-17.25% T/V PayDay Advance Loan Up to 20% of gross monthly income, minimum $50, maximum $500 Single payment based on pay period: monthly pay period: date of next paycheck; semi-monthly pay period: date of second paycheck; weekly pay period: date of fourth paycheck $15 Application Fee 25.00% F Personal Loan $200 - $30,000 Up to 3 Years No Fees 11.00%-20.00% T/F Share Secured Amount on Deposit 60 Months No Fees Rate + 4.00% V Certificate Secured Amount on Deposit 60 Months No Fees Rate + 2.00% V F Fixed Rates - V Variable Rates - T Tiered Rates. Tiered rates based on credit qualifications. effective 6/26/08