Lending

At BFCU, we offer a wide variety of lending options. The rates for those loans do not change based on our members credit scores. Our members can take advantage of low rates on Secured and Signature loans as well as Vehicle and Motorcycle loans. Our Loan Processer, Tracy, can help you figure out which loan is best suited to fit your needs.

Effective as of January 1, 2025

RATES                                                             *APR

EDUCATIONAL LOANS

Special

  • Up to $10K – 120 Months    …….  5.00%

VEHICLE LOANS

New Model (2023-2024)  – Specials

  • 60 Months   ………………………….  5.74%
  • 72 Months   ………………………….  6.04%
  • 84 Months   ………………………….  6.74% 

Used/ 4 Years- (2019-2022)  – Specials

  • 60 Months   ………………………….  6.65%
  • 72 Months   ………………………….  6.89%
  • 84 Months   ………………………….  7.89% 

MOTORCYCLE LOANS

Used/New (2022-2024)

  • 72 Months   ………………………….  8.25%

Used (2020-2021)

  • 72 Months   ………………………….  8.75%

Used (2019 and older)

  • 60 Months   ………………………….  9.00%

HOME EQUITY/PRIMARY RESIDENCE

Limited

  • 120 Months ……………………….. 5.75%
    • Annual Percentage Rate. Home Equity Line of Credit. The 5.75% Fixed APR applies for Loan to Value (LTV) up to 85%. There is a 10-year repayment period from the date of the last advance. The minimum draw amount is  $500.00 Each draw represents a new credit decision by the credit union and an approved draw carries the current interest rate on Home Equity loans. Any borrower who closes/satisfies their HELOC in the first 12 months of the loan being granted, will reimburse the credit union a flat fee of $500 to pay for all loan processing fees.

*APR denotes Annual Percentage Rate.

RATES                                                             *APR

SHARE/CD PLEDGED SECURED LOANS

  • 100% Pledged – Up to 60 Months …….. 3.50%

NOT TO EXCEED TERM OF CD

PERSONAL LOANS

SECURED TITLE UP TO $30,000

  • 36 Months   …………………………………..  5.89%
  • 48 Months   …………………………………..  6.29%
  • 60 Months   …………………………………..  6.99%

SIGNATURE LOANS UP TO $10,000

  • 12 Months   ………………………….   8.55%
  • 24 Months  ………………………….   9.55%
  • 36 Months   …………………………   10.55%
  • 48 Months   …………………………   11.55%
  • 60 Months   ………………………….  12.55% 

 BFCU VISA Credit Card  …………………..  14.00%

*APR denotes Annual Percentage Rate.

 

Are you considering purchasing your first home? Maybe you are ready to upgrade or downsize. Either way, BFCU wants to be here for you! Blackhawk Federal Credit Union proudly participates with OwnersChoice Funding to bring lower mortgage rates to our members. https://ownerschoice.mymortgage-online.com