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current rates > consumer loans > product rate descriptions |
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Product Rate Descriptions
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85% Convertible Home Equity Line of Credit |
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- Financing up to 85% of the tax assessed value less 1st mortgage balance or 85% of the appraised value less 1st mortgage balance. Maximum loan to value percentage is subject to credit qualifications.
- Financing available on property located in Oregon, Washington or Idaho only.
- Must be your primary residence.
- Appraisal required on loan amounts of $200,000 or more at member's expense.
- Closing Costs : $150,000 or less: $100; over $150,000: actual closing costs over $250, which range from $0 to $1,500.
- Free conversion to a fixed rate loan at time line of credit is established. $75.00 Conversion Fee (FINANCE CHARGE) to subsequently convert to or from a fixed rate loan.
- No Annual Fee
- No Origination Fees
- Maximum APR 18%
- Property Insurance required
- Rates and terms are subject to change at any time without notice.
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95% Convertible Home Equity Line of Credit |
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- Financing up to 95% of the tax assessed value less 1st mortgage balance or 100% of the appraised value less 1st mortgage balance. Maximum loan to value percentage is subject to credit qualifications.
- Financing available on property located in Oregon, Washington or Idaho only.
- Must be your primary residence.
- Appraisal required on loan amounts of $200,000 or more at member's expense.
- Closing Costs : $150,000 or less: $100; over $150,000: actual closing cosst over $250, which range from #0 to $1,500
- Free conversion to a fixed rate loan at time line of credit is established. $75.00 Conversion Fee (FINANCE CHARGE) to subsequently convert to or from a fixed rate loan.
- No Annual Fee
- No Origination Fees
- Maximum APR 18%
- Property Insurance required
- Rates and terms are subject to change at any time without notice.
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Auto New, Van, Pickup and SUV 2008 and Newer |
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- Up to 72 month - Maximum loan to value is 105% of MSRP or Retail Kelley book including tax, license, insurance & warranties.
- 84 month - Maximum loan to value is 100% of MSRP or Retail Kelley book including tax, license, insurance & warranties. Minimum loan amount of $20,000
- Subject to credit qualifications.
- Reconstructed vehicles - up to 50% of Kelley Wholesale value or purchase price whichever is less.
- Rates and terms are subject to change at any time without notice.
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Auto Used, Van, Pickup and SUV 2000-2007 |
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- Up to 60 months - Maximum loan to value is 105% of Retail Kelley book including tax, license, insurance and warranties. Minimum loan amount of $5,000.
- 72 months – Maximum loan to value is 100% of Retail Kelley book including tax, license, insurance and warranties. Minimum loan amount of $12,000.
- Subject to credit qualifications.
- Reconstructed vehicles - up to 50% of Kelley Wholesale value or purchase price whichever is less.
- Rates and terms are subject to change at any time without notice.
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Older Auto, Van, Pickup and SUV 1997-1999 |
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- Financing up to Retail Kelley Book value or purchase price, whichever is less.
- 48 months – Minimum loan amount of $4,000.
- 60 months – Minimum loan amount of $5,000.
- Subject to credit qualifications.
- For vehicles 1990 and older, financing is available on an exception basis with a maximum term of 36 months.
- An inspection or appraisal may be required.
- Reconstructed vehicles - up to 50% of Kelley Wholesale value or purchase price whichever is less.
- Rates and terms are subject to change at any time without notice.
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New Motorcycle 2008 and Newer |
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- Up to 90% of purchase price.
- 60 months – Minimum loan amount $5,000.
- Rates and terms are subject to change at any time without notice.
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Used Motorcycle 2000-2007 |
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- Up to 90% of NADA high book or purchase price, whichever is less.
- Model years 1999-2001- Minimum loan amount $10,000 for up to 60 mo.
- Model years 1996-1998- terms up to 48 months.
- Rates and terms are subject to change at any time without notice.
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Fixed Rate New RV, Boats, ATVs 2008 and Newer up to 84 months |
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- Financing up to 80% of purchase price or High Kelley or NADA book, whichever is less.
- Refinancing up to 100% of balance owed or High Kelley or NADA book, whichever is less.
- Cash-out refinancing up to 80% of High Kelley or NADA book.
- Rates and terms are subject to change at any time without notice.
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Variable Rate New RV, Boats, ATVs 2008 and Newer over 84 months |
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- Financing up to 80% of purchase price or High Kelley or NADA book, whichever is less.
- Refinancing up to 100% of balance owed or High Kelley or NADA book, whichever is less.
- Cash-out refinancing up to 80% of High Kelley or NADA book.
- 84 to 180 Months- Minimum loan amount $20,000.
- Rates and terms are subject to change at any time without notice.
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Fixed Rate Used RV, Boats, ATVs 1997-2007 up to 84 months |
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- Financing up to 80% of purchase price or High Kelley or NADA book, whichever is less.
- Refinancing up to 100% of balance owed or High Kelleyor NADA book, whichever is less.
- Cash-out refinancing up to 80% of High Kelley or NADA book.
- Rates and terms are subject to change at any time without notice.
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Variable Rate Used RV, Boats, ATVs 1997-2007 over 84 months |
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- Financing up to 80% of purchase price or High Kelley or NADA book, whichever is less.
- Refinancing up to 100% of balance owed or High Kelley or NADA book, whichever is less.
- Cash-out refinancing up to 80% of High Kelley or NADA book.
- 84 to 180 Months- Minimum loan amount $20,000.
- Rates and terms are subject to change at any time without notice.
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Classic VISA |
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| ANNUAL PERCENTAGE RATE (APR) for Purchases |
17.90% |
| Other APRs |
17.90% for Cash Advances and Convenience Checks |
| Grace period (days) for repayment of balance for purchases |
You will have 25 days to repay your balance for purchases before a finance charge will be imposed; no grace period for balance transfers, cash advances or convenience checks. |
| Method of computing the balance for purchases |
Average daily balance including new transactions |
| Annual fees |
None |
| Minimum finance charge |
None |
| Transaction fee for purchases |
None |
| Transaction fee for cash advances |
None |
| Balance transfer fee |
None |
| Late payment fee |
$25.00 if more than 7 days past due |
| Over-the-credit-limit fee |
$25.00 |
| Foreign transactions |
1% of the transaction amount |
| ATM fee (non-Rivermark ATMs) |
Five (5) free transactions per month; $1.50 fee thereafter |
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Gold VISA |
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| ANNUAL PERCENTAGE RATE (APR) for Purchases |
12.90% |
| Other APRs |
12.90% for Cash Advances and Convenience Checks |
| Grace period (days) for repayment of balance for purchases |
You will have 25 days to repay your balance for purchases before a finance charge will be imposed; no grace period for balance transfers, cash advances or convenience checks. |
| Method of computing the balance for purchases |
Average daily balance including new transactions |
| Annual fees |
None |
| Minimum finance charge |
None |
| Transaction fee for purchases |
None |
| Transaction fee for cash advances |
None |
| Balance transfer fee |
None |
| Late payment fee |
$25.00 if more than 7 days past due |
| Over-the-credit-limit fee |
$25.00 |
| Foreign transactions |
1% of the transaction amount |
| ATM fee (non-Rivermark ATMs) |
Five (5) free transactions per month; $1.50 fee thereafter |
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Platinum Rewards VISA |
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| ANNUAL PERCENTAGE RATE (APR) for Purchases |
9.90% (effective 7-26-08) |
| Other APRs |
9.90% for Balance Transfers, Cash Advances and Convenience Checks. |
| Grace period (days) for repayment of balance for purchases |
You will have 25 days to repay your balance for purchases before a finance charge will be imposed; no grace period for balance transfers, cash advances or convenience checks. |
| Method of computing the balance for purchases |
Average daily balance including new transactions |
| Annual fees |
None |
| Minimum finance charge |
None |
| Transaction fee for purchases |
None |
| Transaction fee for cash advances |
None |
| Balance transfer fee |
None |
| Late payment fee |
$25.00 if more than 7 days past due |
| Over-the-credit-limit fee |
$25.00 |
| Foreign transactions |
1% of the transaction amount |
| ATM fee (non-Rivermark ATMs) |
Five (5) free transactions per month; $1.50 fee thereafter |
| Credit Limit |
Minimum credit limit for Platimum Awards is $5,000. |
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Business Platinum Awards VISA |
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| ANNUAL PERCENTAGE RATE (APR) for Purchases |
13.90% |
| Other APRs |
13.90% for Balance Transfers, Cash Advances and Convenience Checks. |
| Grace period (days) for repayment of balance for purchases |
You will have 25 days to repay your balance for purchases before a finance charge will be imposed; no grace period for balance transfers, cash advances or convenience checks. |
| Method of computing the balance for purchases |
Average daily balance including new transactions |
| Annual fees |
None |
| Minimum finance charge |
None |
| Transaction fee for purchases |
None |
| Transaction fee for cash advances |
None |
| Balance transfer fee |
None |
| Late payment fee |
$25.00 if more than 7 days past due |
| Over-the-credit-limit fee |
$25.00 |
| Foreign Transactions |
1% of the transaction amount |
| Credit Limit |
Minimum credit limit for Business Platimum Awards is $5,000. |

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Personal Line of Credit |
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- $500 to $30,000 credit limit based on credit qualifications.
- Minimum payment is 3% of balance or $20, whichever is greater.
- Rates and terms are subject to change at any time without notice.
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Personal Loan |
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- $200 - $30,000 maximum loan based on credit qualifications.
- Rates and terms are subject to change at any time without notice.
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Share Secured |
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- Borrow against the amount on deposits minimum of $200.
- Rates and terms are subject to change at any time without notice.
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Certificate Secured |
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- Borrow against the amount of your CD (Certificate of Deposit).
- Rates and terms are subject to change at any time without notice.
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Consumer Loans |
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copyright ©2004-2007, Rivermark® Community Credit Union | page last updated
December 30, 2008
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