Department of Corrections Credit Union
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Current as of April 1, 2013
Vehicle Type
Maximum Term
ATV
up to 4 years
Boat
up to 8 years
Tractor
up to 5 years
Automobile
up to 7 years
Over 1-Ton Vehicle
up to 7 years
Motorcycle
up to 7 years
Motor Home
up to 10 years
Travel Trailer
up to 10 years
Movable Mobile/Manufactured Home†
up to 10 years
†Single or Double - The annual percentage rate will be
based on a loan with 85% Loan-to-Value using an appraised value.

Loan Term
Annual Percentage Rate²
3 years
As Low As 2.65%
4 years
As Low As 2.90%
5 years
As Low As 3.40%
6 years
As Low As 4.15%
7 years
As Low As 5.15%
8 years
As Low As 5.50%
9 years
As Low As 5.60%
10 years
As Low As 5.70%

Auto Type
Maximum Term
ATV
up to 4 years
Boat
up to 8 years
Tractor
up to 5 years
Automobile*
up to 5 years
Over 1-Ton Vehicle
up to 5 years
Motorcycle*
up to 5 years
Motor Home
up to 7 years
Travel Trailer
up to 7 years
Movable Mobile/Manufactured Home†
up to 10 years
†Single or Double - The annual percentage rate will be
based on a loan with 85% Loan-to-Value using an appraised value.
*Models 4 years and older, maximum term is 4 years.

Loan Term
Annual Percentage Rate²
3 years
As Low As 2.65%
4 years
As Low As 2.90%
5 years
As Low As 3.40%
6 years
As Low As 4.15%
7 years
As Low As 5.15%
8 years
As Low As 5.50%
9 years
As Low As 5.60%
10 years
As Low As 5.70%

Loan Type
APR
Secured
As Low As 8.00%
Unsecured
As Low As 8.00%
Insurance
As Low As 8.00%
Tuition
As Low As 5.50%
Vacation
As Low As 8.00%
Overdraft Protection
As Low As 12.50%
Problem Solver
As Low As 16.25%
Up to a 4 year term
As low as 7.50%

Up to a 12 yr ammortization with a 1 yr balloon
2% above earnings on pledged share account

Term cannot exceed certificate maturity
2% above earnings on certificate

Visa Type
Annual Percentage Rate
8.90%
Classic - Disclosure
12.90%
Secured (deposit required) - Disclosure
12.90%
Maximim Credit Limit: $20,000.

For current rates and availability of funds call
(225)342-6618 ext. 221


Share rates are anticipated each quarter, and are subject to revision by the Board of Directors. Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period.For current rates call(225)342-6618.


Type Avg. Daily Balance
Dividend Rate
APY
Regular Shares
Min. $20
0.350%
0.350%
Escrow Shares
Min. $20
0.350%
0.350%
Share Drafts
 
0.200%
0.200%
Christmas Club
$20
0.350%
0.350%
IRA Shares
$5
0.350%
0.350%
APY here stands for "Annual Percentage Yield"

Type Term
Dividend Rate
APY
Share Certificate**
6 months
0.499%
0.500%
($500 minimum)
1 year
0.748%
0.750%
2 years
0.996%
1.000%
3 years
1.244%
1.250%
4 years
1.739%
1.750%
5 years
1.985%
2.000%
IRA Certificate**
6 months
0.599%
0.600%
($500 minimum)
1 year
0.748%
0.750%
2 years
0.996%
1.000%
3 years
1.244%
1.250%
4 years
1.739%
1.750%
5 years
1.985%
2.000%

APY here stands for "Annual Percentage Yield"
**Early Withdrawal penalty: smaller of the two: dividends earned or 30 days of dividends  earned on 6 month &  1 year certificates;  dividends earned or 90 days of dividends earned on 2, 3, 4 & 5 year certificates.