Lowest Rate Shown Includes All Available Discounts
Reward yourself with discounts up to 0.60% off your Auto, Boat or Recreational Vehicle Loan or up to 0.45% off Personal Loan
When the options below are added to your loan, you'll receive the highest discounts off your rate. Rates quoted below include all available discounts, so your rate may be more. Please ask for the rate for which you qualify. Rates subject to change with cancellation of any of the options below.
- Payment Protection - .25% rate reduction (maximum term 120 months)
- Automatic payment transfer from your active MSCU checking account - .10% rate reduction
- Active MSCU credit card - .10% rate reduction
- Purchase of MSCU Vehicle Service Contract for eligible auto loan - .15% rate deduction
Rates Effective as of January 1, 2023
New & Used - Automobiles
| Loan Type | Term | Rate (APR) | Financing up to 100% - Purchase Price or NADA Retail (whichever is less) plus TT&L. |
|---|---|---|---|
| Year Models - 2016 and Newer | Up to 36 Months | 4.64% - 14.64% | |
| Year Models - 2017 and Newer | 37 - 48 Months | 4.64% - 14.89% | |
| Year Models - 2018 and Newer | 49 - 60 Months | 4.89% - 15.14% | $10,000 Minimum |
| Year Models - 2019 and Newer | 61 - 72 Months | 5.14% - 15.64% | $20,000 Minimum |
| Year Models - 2022 and Newer | 73 - 84 Months | 5.64%- 7.64% | $35,000 Minimum |
Motorcycles/4-Wheelers/Jet Skis/Boats/Recreational Vehicles
| Loan Type | Term | Rate (APR) | Financing up to 100% - Purchase Price or NADA Retail (whichever is less) plus TT&L. |
|---|---|---|---|
| Year Models - 2016 and Newer | Up to 48 Months | 5.79% - 7.79% | |
| Year Models - 2017 and Newer | 49 to 60 Months | 6.04% - 8.04% | $10,000 Minimum |
| Year Models - 2018 and Newer | 61 to 72 Months | 6.29% -9.04% | $20,000 Minimum |
| Year Models - 2018 and Newer | 73 to 84 Months* | 6.54% - 9.29% | LT Boats/RVs $25,000 Minimum |
| Year Models - 2019 and Newer | 85 to 120 Months* | 7.04% - 8.29% | LT Boats/RVs $35,000 Minimum |
| Year Models - 2021 and Newer | 121 to 144 Months* | 7.29% -7.54% | LT Boats/RVs $50,000 Minimum |
*Terms available for Boats and RVs only. Maximum term for 4 Wheelers and Jet Skis is 48 months. Maximum term for motorcycles is 72 months. Please ask for the rate for which you qualify. Longer term financing limited to those meeting certain credit criteria.
Credit Cards
| Card Type | Rate |
|---|---|
| Platinum VISA | 8.99% |
| VISA Gold | 12.90% |
| VISA Classic | 13.90% |
All cards feature no annual fees, no balance transfer fees, no cash advance fees and no penalty rates. All rates are non-variable.
Home Improvement / Home Equity (Texas properties only)
| Rate | Term | Financing |
|---|---|---|
| HI 6.49% HE 5.99% | Up to 60 Months | Minimum of $25,000; Maximum of $250,000. Loan amount is based on value of home, amount of equity, etc. Contact the loan department for details at 713.627.4000, option 2. |
| HI 6.74% HE 6.24% | 61 to 120 Months | |
| HI 6.99% HE 6.49% | 121 to 180 Months | |
| HI 7.49% HE 6.74% | 181 to 240 Months |
Loan amounts available from $25,000.00 to $250,000.00 and based on value of home, amount of equity, etc.
Contact the Loan Department for details at 713.627.4000, option 2.
Mortgage Loan
Personal Loan
| Rate | Term | Financing |
|---|---|---|
| 9.54% - 17.54% | Up to 60 Months | Up to $35,000 ($1,000 minimum) |
Prime Plus Line-of-Credit*
| Rate | Term | Financing |
|---|---|---|
| 11.50% | N/A | Up to $35,000 |
*Rate calculated at 4% above the prime rate (not less than 8.75%) as published in the Wall Street Journal effective the last day of each quarter. Rate is subject to change without notice. Any rate change will occur 45 days after the end of the previous quarter. Rate shown is based on the prime rate as of December 2022.
Share Secured and Credit Builder Secured
| Rate | Term | Financing |
|---|---|---|
| Share Secured 3.00% over lowest tier savings rate | Up to 120 Months | Based on available shares (plus interest) |
| $1,000 Minimum | ||
| Credit Builder Secured 6.00% | Up to 24 Months | Up to $2500 ($1,000 minimum) |
| $1,000 Minimum |
Term Share Certificate Secured
| Rate | Term | Financing |
|---|---|---|
| 3.00% over certificate rate | Equal to certificate term | Based on certificate amount (plus interest) |
Credit Life and Disability Insurance are available on all MemberSource loans except for one-time payback loans.
All rates and terms are subject to individual creditworthiness and are subject to change without prior notice. All rates quoted are the lowest rates available for each category and include all available discounts. Ask for which rate you qualify.
