Americo Federal Credit Union
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Locations:
4101 Main Street
Erie, PA 16511
814-899-6608
814-899-6005 fax

2545 West 23 Street
Erie, PA 16506
814-833-0433
814-833-7299 fax

Loan Rates


Rates as of April 15, 2014

        LOAN RATES 

Rates effective as of the date shown above.  All loan rates subject to change without notice.

Cars, Trucks and Motorcycle Loans 


Cars, Trucks, Motorcycle Loans

APR*
    New      

APR*
Used

Term

 

2.99%

 2.99%

   0 - 36 months
       3.24%

 3.24%

  37 - 48 months
 

3.49%

 3.49%

  49 - 60 months
                                               over $15,000

4.24%

 4.24%

  61 - 72 months
                                 new only, over $15,000

5.24%

         5.24%        

  73 - 84 months
*APR = Annual Percentage Rate
Maximum term for loans under $10,000
   36 months for 2009 and older models
   48 months for 2010 and newer models 
Use the Loan Calculator to estimate your monthly payment.

                                                                                                                   

Recreational Vehicle Loans
RV's, Boats, Motor Homes, Jet Ski's, Snowmobiles

APR*
New

APR*
Used

Term

RV's 

5.99%

6.99%

   0 - 60 months
RV's - over $15,000

6.49%

7.24%

61 - 84 months

RV's - over $15,000

7.75%

8.49%

85 -120 months
* APR = Annual Percentage Rate
We will finance up to 80% of purchase price with approved NADA book value plus tax, license, warranty and GAP insurance.  Other restrictions apply.   
Use the Loan Calculator to estimate your monthly payment.

    

Mortgage Loans
Mortgages loans are limited to primary residences located in Erie and Crawford Counties in PA.  
Property insurance is required. Mortgage application fees from $450 to $550  apply.  Other fees apply.  Maximum loan-to-value of 80%.  Other restrictions may apply.  Interest on mortgage loans may be tax deductible, consult a tax advisor.  Contact loan department for additional information.  Americo FCU membership is required.  Membership Share $5.00 par value (par value is not a fee). For more information on mortgage interest rates, limits, or fee schedule, please contact the loan department at (814) 899-6608.  Americo Federal Credit Union is an Equal Housing Lender licensed by the National Licensing System under NMLS #565406.

First Mortgage  fixed rate

APR*
80% equity

  Term         
 

Payment
Example²

First Mortgage

4.49%

up to 10 years 

$103.60

First Mortgage

4.49%

up to 15 years 

$76.46

*APR = Annual Percentage Rate
²The payment example given is the monthly payment per $10,000.00 borrowed for the rate and term specified and 
does not include taxes and insurance premiums.  Your payment may be greater.
Use the Loan Calculator to estimate your monthly payment.

 

Second Mortgage fixed rate, closed-end loan

APR*
80% equity

Term 

Payment
Example²

Second Mortgage

3.49%

    0 - 60 months 

$180.75

Second Mortgage

4.24%

 61 - 120 months

$100.02

Second Mortgage

4.49%

121 -180 months 

$75.18

*APR = Annual Percentage Rate
²The payment example given is the monthly payment per $10,000.00 borrowed for the rate and term specified and 
does not include taxes and insurance premiums.  Your payment may be greater. Minimum loan amount is $10,000.00  
Use the Loan Calculator to estimate your monthly payment.

Home Equity  variable rate***, open-end loan

APR*
80% equity

Term 

Payment
Example²

Home Equity 

3.25%

up to 120 months

$97.73

*APR = Annual Percentage Rate
***Home Equity Loans are variable rate loans - rate based on Prime Rate and subject to change quarterly.  The annual percentage rate may increase after consummation of the Home Equity Line of Credit.  T
he maximum annual percentage rate for a Home Equity Line of Credit that can apply is 18.00% or the maximum permitted by law, whichever is less - the minimum floor annual percentage rate that can apply is 1.00%.  Property insurance is required.  Americo FCU membership is required.  Application fees from $450 to $550 apply.  Membership Share $5.00 par value (par value is not a fee).  Interest on mortgage loans may be tax deductable, consult your tax advisor.  For more information on mortgage interest rates, limits or fee schedules, please contact the loan department.  
 
²The payment example given is the monthly payment per $10,000.00 borrowed for the rate and term specified and
does not include taxes and insurance premiums.  Your payment may be greater. Minimum loan amount is $10,000.00 
Use the Loan Calculator to estimate your monthly payment.


                                                                                                                

Additional Loans

Loan Type

APR*

 

Term

Personal Loan

9.75%

 

60 months

Computer Loans 

  8.00% 

 

   60 months

Education Loans

 8.00%

 

   60 months

Vacation Loans

9.00%

     12 months
Share Secured Loans

2.99%

 

60 months

Overdraft Protection Loans

12.00%

 

 

*APR = Annual Percentage Rate.   
Use the Loan Calculator to estimate your monthly payment.

Loan Type

APR*

 

MasterCard® Credit Card 
    No annual fee
    Same low rate for cash advances, purchases, 
    and 
balance transfers

11.88%

 click here to get your 
credit card application started

 APR=Annual Percentage Rate.  
MasterCard has a non-variable interest rate with no annual fee or application fee.  
Americo FCU membership is required.  Membership Share $5.00 par value (par value is not a fee).   


All loan rates subject to change without notice.  All loans are subject to credit approval.  Certain terms and conditions may apply.  Americo FCU membership is required.  Membership Share $5.00 par value (par value is not a fee).  Contact a loan officer for additional information at (814) 899-6608 or (814) 833-0433.

   
We do business in accordance with the Federal Fair Housing Law 
and the Equal Credit Opportunity Act.

 

 

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