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March 2008
Applications for the 2008 Erie Chapter of Credit Unions James J. DeDad Scholarships are now available. If you are a Credit Union Member between the ages of 17 and 24, and are enrolled or will be enrolled as a full-time undergraduate student, you are eligible to apply for the scholarships.
Six awards totaling $8,000 will be presented as follows:
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1st place: $3,000
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2nd place:
$1,500
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3rd place:
$1,250
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4th place:
$1,000
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5th place:
$750
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6th place: $500
Applications may be obtained at the Credit Union Office. The deadline to submit completed applications is June 13th. Winners will be notified in July and awards will be presented in August.
Is college or trade school in your future? We can help with the financing through the AES/PHEAA KeystoneBEST Stafford and PLUS loan programs. Information is available at www.pheaa.org or at www.aessuccess.org.
Visa Travel Money Cards are a great alternative payment option for your next vacation, business trip or for easy access to funds without affecting your savings or checking account balances. Cards can be purchased for $9.95 and can be loaded in any amount from $250—$9,999. Visa now allows unlimited reloads for the life time of the card for a fee of $3.95 for each reload. The cards can be used at ATM’s, at the point of sale, and for internet purchases for your convenience.
Do you need a gift idea for an upcoming graduation, wedding, birthday, or other gift giving occasion? Visa gift cards are the ideal gift that can be used at Visa merchants worldwide and for internet purchases. Cards can be purchased for $4 and can be loaded in any amount from $25-$500
| Memorial Day - Monday, May 26 |
| Independence Day -
Friday, July 4th |
*New Vehicle Loans - 2007 and 2008 New Vehicles
(never titled, under 5,000 miles)
Financing 90% of
Manufacturer’s Suggested Retail Price
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24 months |
4.50% APR |
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36 months |
4.75% APR |
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48 months |
5.00% APR |
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60 months |
5.50% APR |
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72 months |
6.00% APR |
Financing 100% of
Manufacturer’s Suggested Retail Price
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24 months |
4.25% APR |
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36 months |
5.00% APR |
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48 months |
5.25% APR |
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60 months |
5.75% APR |
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72 months |
6.25% APR |
*Used Vehicle Loans - Model Year 2002 and Newer
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24 months |
5.50% APR |
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36 months |
5.75% APR |
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48 months |
6.00% APR |
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60 months |
6.50% APR |
Model Year 2001 & Older—Add
1/2%APR
*Other rates, terms and limits are available.
The APRs listed represent the lowest rate available for that limit and term. Your rate will be determined by credit worthiness criteria. Loan approval subject to all normal credit qualifications.
There is no required share pledge on New & Used Vehicle Loans for automobiles, trucks, motorcycles, and motor homes.
Same day approval on most vehicle loan applications. Pre-approvals also available.
Home Equity
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Borrow $5,000—$50,000
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Minimum $5,000 newly borrowed money
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Appraisal required
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60 months |
5.25% APR |
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90 months |
6.00% APR |
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120 months |
6.25% APR |
Mini-Mortgage
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Borrow $2,000—$15,000
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May refinance existing Mini-Mortgage
with 50% new money
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24 months |
4.75% APR |
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42 months |
5.00% APR |
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60 months |
5.25% APR |
**The APRs listed represent the lowest rate available for that term. Your rate will be determined by credit worthiness criteria. Loan approval subject to all normal credit qualifications.
There is no required share pledge on Home Equity and Mini-Mortgage Loans.
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A minimum of 20% equity in the property is required
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A minimum of 25% equity in rental property is required
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Borrower is responsible for appraisal, property search, and filing fees
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Loan approval subject to all normal credit qualifications
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Loan interest may be tax-deductible
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