All rates are APR (Annual Percentage Rate)

Home Services Staff Who Can Join

MERHO Federal Credit Union Loan Rates Effective Date May 2013

NEW CARS 2012-2013

Term

Interest Rate

48 Months

2.7%

60 Months

2.7%

72 Months*

3.2%

USED CARS

Year

Term

Interest Rate

2010-2012

60 Months

2.7%

2007-2009

48 Months

4.5%

2005-2006

42 Months

6%

2003-2004

36 Months

6%

Open End Revolving Loan Rate 9% 30% debt ratio or better

Per Month Payment

Amount Borrowed

$50.00

$500-$2,499

$75.00

$2,500-$3,000

$100.00

$3,001-$3,500

$125.00

$3,501-$4000

$150.00

$4,001-$4,500

$175.00

$4,501-$5,000

$200.00

$5,001-$6,000

Mobile Home:

15% APR New. Must have book value

16% APR Used. Must have book value

Motorcycle Loans:

Same rates as car loans (book value)

All Terrain Vehicles 10%

Signature Loans:

11.25% APR with 20% collateral. 40% or less debt ratio

Shared Secured Loans:

4% APR secured by regular share certificate

Fees:

$5.00 Application Fee on Regular Loans (includes charge for credit report)

$25.00 Loan Cancellation Fee

Mortgage Loans:

First and second mortgages. Finance 80% of the appraised value.

Please call the office for current mortgage rates!

FIXED RATE SPECIAL: 3.5% for 5 years and 4% for 10 years.

HOME EQUITY LINE OF CREDIT: 4.5% for the first 12 months.

*CAN BE USED FOR TUITION EXPENSES, HOME IMPROVEMENT, etc.

* MUST BE GREATER THAN $20,000

Hours of Operation

Main Office

Lobby: 8:00 am-4:30 pm Monday-Friday

8:30 am-Noon Saturday

Drive-up Window: 7:00 am-5:00 pm Monday-Friday

8:30 am-Noon Saturday

Richland Office

Lobby: 8:00 am-4:00 pm Monday-Friday

No lobby hours Saturday

Drive-up Window: 8:00 am-5:00 pm Monday-Friday

9:00 am-Noon Saturday

Webmaster LeeAnne Bartolomucci 2012

lbarto09@gmail.com

Locations

Main Office

15 Irene St, Johnstown, PA 15905

(814) 535-3116 or

Toll Free 1-877-540-8121

Fax (814) 539-5090

Audio Response (814) 535-5807


Richland Branch Office

194 Donald Lane, Richland, PA

(814) 266-3076

Fax (814) 266-4021


MERHO

Federal Credit Union

Staff Who Can Join  Loans  Services Privacy Home

ATM Locations

-Conemaugh Hospital Atrium

-Windber Medical Center

-Tech Park

-Surcharge-free Allpoint

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