Used Auto and Boat Loans - 5.99% (Length of loan depends on age of collateral)
New Signature Loans - 8.99%
Refinanced Signature Loans - 18%
Each loan application will be checked through the Credit Bureau and evaluated by the credit committee. Also, the maximum loan will be limited to 50% of a member's debt ratio.
The Board of Directors of the ALEC Federal Credit Union declared dividends for the second quarter of 2012 to be paid as follows:
$100-$10,000
.01%
$10,001-$25,000
.05%
$25,001-$75,000
.15%
$75,000-over
.25%
Contact your credit union at 225-293-3450 or 1-800-355-3450 for information on applicable terms. To request a loan application form, e-mail alecfcu@alec.coop.
