Mobiloil Credit Union

Rates in effect as of

Type of Loan Maximum Term Annual Percentage Rate (APR)**
Personal 60 Months 9.50%
Flexible Line of Credit (Variable)*
A+ Grade N/A 9.25%
A Grade N/A 9.75%
B Grade N/A 10.75%
C Grade N/A 12.25%
D Grade N/A 14.75%

*Interest rate for Line of Credit/Overdraft loan is a variable rate. The Annual Percentage Rate (APR) is based on an Index. The “Index” is the Bank Prime Loan Rate made available by the Federal Reserve Board in its Federal Reserve Statistical Release #H-15 that is published weekly. The most recent Index figure available as of 45 days prior to the change date of October 1 is called the “Current Index”. If the “Index” is no longer available, the credit union will choose a new “Index”, which is based upon comparable information. The annual adjustment of the interest rate will be based on the “Current Index” plus (+) a 2.75% Margin rounded to the nearest 1/8%. The Finance Charge is further adjusted in accordance with the individual Equifax Beacon Score. The Annual Percentage Rate (APR) may not increase more than 2.00% annually. An increase in the “Index” will result in an increase in the periodic rate which, in turn, may result in higher payments. In any event, the daily periodic rate shall never be less than a daily periodic rate with a corresponding Annual Percentage Rate of 2.75% and it shall never be greater than a daily periodic rate with an Annual Percentage Rate of 18.00%.

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Credit Card

Type of Loan Maximum Term Annual Percentage Rate (APR)**
Visa N/A 9.15%

**Introductory Annual Percentage Rate (APR) for 6 months from account opening date. When the discounted period expires, APR will be 9.15% – 18.00%, based on your creditworthiness. Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Automobiles – New & Used

Type of Loan Maximum Term Annual Percentage Rate (APR)**
100% Financing 24 Months 2.25%
100% Financing 36 Months 2.25%
100% Financing 48 Months 2.25%
100% Financing 60 Months 2.50%
100% Financing 66 Months 2.75%
100% Financing 72 Months 3.00%
100% Financing 78 Months 3.25%

72 month financing term for loan origination greater than $25,000. This recommended guideline is dependent on member/collateral.
78 month financing term for loan origination greater than $35,000. This recommended guideline is dependent on member/collateral.

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice. Scores of 760 and above qualify for .25% rate discount.

Motorcycles/ATV

Type of Loan Maximum Term Annual Percentage Rate (APR)**
New & Used 24 Months 3.99%
New & Used 36 Months 3.99%
New & Used 48 Months 3.99%
New & Used – $15,000 & Over 60 Months 4.25%
New & Used – $15,000 & Over 66 Months 4.50%
New & Used – $25,000 & Over 72 Months 4.75%

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Farm Equipment and Other Collateral

Type of Loan Maximum Term Annual Percentage Rate (APR)**
New & Used 24 Months 6.00%
New & Used 36 Months 6.00%
New & Used 48 Months 6.00%
New & Used 60 Months 6.00%
New & Used 66 Months 6.50%
New & Used 72 Months 7.00%

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Share Loans

Type of Loan Maximum Term Annual Percentage Rate (APR)**
Monthly Payments 60 Months 2% Over Share
Single Payments 6 Months 2% Over Share
MOFCU Certificate Loan Same as Certificate 2% Over CD

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Marine

Type of Loan Maximum Term Annual Percentage Rate (APR)**
New & Used 24 months 3.75%
New & Used 36 months 3.75%
New & Used 48 Months 3.75%
New & Used 60 Months 4.00%
New & Used 66 Months 4.25%
New & Used 72 Months 4.50%
New & Used 78 Months 4.50%
New & Used 84 Months 4.75%
New & Used 120 Months 5.00%
New & Used 144 Months 5.25%

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Recreational

Type of Loan Maximum Term Annual Percentage Rate (APR)**
New & Used 24 months 5.50%
New & Used 36 months 5.50%
New & Used 48 Months 5.50%
New & Used 60 Months 5.75%
New & Used 66 Months 6.00%
New & Used 72 Months 6.25%
New & Used 78 Months 6.50%
New & Used 84 Months 6.50%
New & Used 120 Months 6.75%
New & Used – Recreational only 144 Months 7.00%

**Rates disclosed reflect our best rates and may be different based on credit underwriting or services used. All loan rates are subject to change without prior notice.

Have a question? Contact us online, give us a call at 409.892.1111, Toll Free at 800.892.1111 or stop by a location close to you for any questions you may have. We’re here to help.