Risk based scoring: Member’s may be charged a premium over and above the listed base rate as established by the Town of Cheektowaga F.C.U. loan policy and their FICO score at the time of application. The following percentage indexes will apply for all automotive, recreational vehicle, and unsecured loans.
| 680 – over | A | +0.00% |
| 640 – 679 | B | +1.00% |
| 600 – 639 | C | +2.00% |
| 550 – 599 | D | +4.00% |
| 549 – below | E | +6.00% |
*Home Equity Line of Credit 3.00% for first 6 months! Prime thereafter! Hurry now this is a promotional rate!
| Loan type | APR | Term |
| Share secured loan | 3.00% | 120 months |
| Fixed rate home equity | 6.75% | 240 months |
| New automobile | 3.99% | 36 months |
| New automobile | 4.49% | 60 months |
| New automobile | 5.25% | 84 months |
| Used automobile 2021 – 2026 | 3.99% | 36 months |
| Used automobile 2021 – 2026 | 4.49% | 72 months |
| Used automobile 2020 and older | 5.00% | 60 months |
| New recreational vehicle loan | 5.75% | 60 months |
| 6.25% | 180 months | |
| Used recreational vehicle loan | 6.25% | 60 months |
| 7.50% | 120 months | |
| Unsecured loan | 10.90% | 12 months |
| 11.90% | 36 months | |
| 12.90% | 60 months | |
| Visa Platinum Credit Card | 9.99% (based on credit score) |
