Loan Rates

Share
Vehicle Loans
  APR* starting at APR* up to
Autos & Motorcycles 2.24% 19.99%
RVs, Motorhomes, Boats 3.49% 19.99%
Powersports Vehicles (ATVs, Jet Skis, etc.) 4.99% 21.00%
  • Last updated: May 5, 2017
  • Annual Percentage Rate (APR) is accurate as of publication date and is subject to change. APR is based on qualified credit, 80% LTV, 60-month term and enrollment in auto pay. For example, an auto loan with a balance of $10,000 with an APR of 2.24% for 60 months would result in a payment of $176.33. Other discounts, rates and terms are available. Offer not valid on existing loans with On Tap Credit Union. Some restrictions may apply. Offer can expire anytime at the sole discretion of On Tap Credit Union.
  • Late payment is $15.00 per occurrence.
Personal Loans
  APR* starting at APR* up to
Unsecured 8.90% 21.00%
  • Last updated: November 10, 2014
  • Annual Percentage Rate (APR) is accurate as of publication date and is subject to change. APR is based on qualified credit and 48-month term. For example, a Personal Loan with a balance of $10,000 with an APR of 8.90% for 48 months would result in a payment of $248.
  • Maximum term on signature loans is 48 months (for $10,000 and less) or 60 months (greater than $10,000). Some restrictions may apply.
Overdraft Loan
    APR*
Overdraft Line of Credit   16.00%
  • Last updated: October 1, 2010
  • No annual fee
  • Fixed rate
  • No minimum advance amount
  • No transaction fees
  • Must set up automatic payment
  • Due date is the 25th of each month for outstanding balances
  • Minimum monthly payment is the greater of $30.00 or 3% of balance outstanding
  • Late payment is $15.00 per occurrence
  • Rates shown are subject to change

*Annual Percentage Rate

Home Equity Loans
    APR* starting at
36 Months   2.99%
60 Months   4.49%
84 Months   4.99%
120 Months   5.49%
180 Months   6.24%
  • Last updated: August 23, 2011
  • Fixed Rate - rate is dependent upon LTV (Loan to Value) ratio, term, and credit history
  • Late payment is $15.00 per occurrence (Note: The third party fees for a home equity loan range from $105 to $2000)
  • Annual Percentage Rate (APR) is accurate as of publication date and is subject to change. APR is based on qualified credit and 36-month term. For example, an equity loan with a balance of $10,000 with an APR of 2.99% for 36 months would result in a payment of $290.77. Other rates and terms up to 180 months are available. Offer not valid on existing loans with On Tap Credit Union. Some restrictions may apply. Offer can expire anytime at the sole discretion of On Tap Credit Union.
  • The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.
Home Equity Line of Credit (HELOC)
  APR* starting at Ceiling
  3.75% 21.00%
  • Last updated: June 8, 2015
  • Rates shown are subject to change
  • Variable rate-based on prime rate plus a margin that is based on your LTV ( loan to value) ratio and credit history **
  • Late payment is $15.00 per occurrence (Note: The third party fees for a home equtiy loan range from $105 to $2000)

*Annual Percentage Rate

** Published HELOC rates based on approved credit and loan-to-value and adjust quarterly based on the Prime Rate as published in the Wall Street Journal 15 days prior to the beginning of each quarter. Loan amounts available are based on the LTV up to 95% for HELOC loans with approved credit. Minimum $500 check/EFT advances are required. HELOC loans have a floor rate of 3.75% (This rate is available on approved credit and LTV. Your rate may vary based on credit worthiness and LTV.) and a ceiling rate of 21%. HELOC: features a 15-year draw period with a minimum payment of 1.5% of balance per month ($50 minimum). After draw period ends, there will be a term automatically set for up to 15 years depending on balance. Rate is still adjustable during the repayment period. (Please see a On Tap Credit Union representative for more details)

Rewards VISA Credit Card
  APR*
  As low as 11.90% APR*
  • Last Updated: September 15, 2015
  • No annual fee
  • No cash advance fee
  • Fixed rate
  • Earn ScoreCard points (no expiration)
  • Rates shown are subject to change
  • Minimum monthly payment is the greater of $25.00 or 3% of balance outstanding
  • Late payment is up to $15 (10 days after the due date)
  • Return check fee is up to $20
  • Disclosures
Summit VISA Credit Card
  APR*
  As low as 7.90% APR*
  • Last updated: May 3, 2016
  • Low, fixed-rate credit card product
  • No annual fee
  • No cash advance fee
  • Rates shown are subject to change
  • 25-day grace period of purchases
  • Minimum monthly payment is the greater of $20.00 or 2% of balance outstanding
  • Late payment is up to $15 (10 days after the due date)
  • Return check fee is up to $20
  • Disclosures

*Annual Percentage Rate