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Advantage Credit Union offers a variety of loan products to meet your needs and promises you our personal quality service when processing your loan as well as throughout the term of your loan!

CREDIT CARDS: Our Mastercard and Visa have a low rate of 12.9% APR* and no annual or monthly service fee. For your convenience, we have a link on our home page for our cardholders to view their account status, account history, and even make payments online or just click on Best Merchant Info now.

Federal Student Loans
Due to a change in federal law, all Federal Stafford, PLUS and Grad PLUS loans issued on or after July 1, 2010 will be made through the William D. Ford Federal Direct Loan Program (Direct Loan) and will be processed through EMS. This change will only impact new loans. Direct Loan funds will be disbursed directly to your school from the federal government rather than through Advantage Credit Union.You will need to contact the financial aid office of your school for instructions on how to obtain such loans. Most schools will have this information, along with the Application/Master Promissory Notes, on their websites.

Additional College Planning Assistance
If you are looking for information on planning for, apply to, paying for and succeeding in college, Advantage Credit Union recomends the Iowa College Access Network® (ICAN). ICAN offers free services, including assistance with completing the Free Application for Federal Student Aid (FAFSA), to students and their families. Visit or call (877) 272-4692 for more information.

CONSUMER LOANS: When it's time for a loan be sure to call us. We have auto loans as low as 3.59% APR! Rates will vary depending on your credit score, the services you use at the credit union, and the length of term of the loan. Payment example: Pay just $18.24 per month at 3.56% for every $1,000 borrowed with a 60 month term. Scroll down for more details on consumer loan rates.

NEW AUTOS & TRUCKS: As Low as:**
36 Months 3.39% APR*
48 Months 3.49% APR
60 Months 3.59% APR
72 Months 3.74% APR

72 Months 3.74% APR
60 Months 3.59% APR
48 Months 3.49% APR

Up to $7,000 36 Months 4.95% APR
$7,000 to $11,999 60 Months 5.45% APR
$12,000 to $14,999 84 Months 5.95% APR
$15,000 to $19,999 120 Months 6.45% APR
$20,000 & Above 144 Months 6.70% APR

Up to $7,000 36 Months 5.15% APR
$7,0000 to $11,999 60 Months 5.65% APR
$12,000 to $14,999 84 Months 6.15% APR
$15,000 to $19,999 120 Months 6.70% APR
$20,000 & Above 144 Months 6.90% APR

100% of Purchase Price 48 months 4.50% APR
100% of Purchase Price 60 months 4.75% APR
$10,000 & above 72 Months 5.00% APR

2007 & Newer 36 months 5.00% APR
$6,000 & over 48 Months 5.25% APR
$10,000 & over 60 Months 5.50% APR

NON-TITLED VEHICLES (Jet ski, ATV, snowmobile, lawn tractor, golf carts, etc)
New or Used 12 Months 6.60% APR
Lesser of 24 Months 6.75% APR
Purchase or Retail 36 Months 6.90% APR

CONSUMER GOODS SECURED BY UCC-1(Computer, Appliances, etc.)
$500 - $1,000 12 Months 8.90% APR
$1,001 - $2,500 24 Months 9.15% APR
$2,501 - $5,000 36 Months 9.40% APR
$5,001 & Over 48 Months 9.65% APR

$500 - $1,000 12 Months 9.95% APR
$1,001 - $2,500 24 Months 10.95% APR
$2,501 & Over 36 Months 11.95% APR

* Annual Percentage Rate
** Rates will vary depending on Credit Score and Year of Vehicle. Above rates reflect 1% maximum discount. .25% discount applied for each of the following with a 1% maximum: Automatic Repayment, 10% or more down, ACU Credit Card, Direct Deposit (net check), Share Draft Account, life, or disability insurance.


60 Months 4.35% APR


Maturity of Term Share 3% over Term Share Rate

Special No Closing Cost: Pay no closing cost when you borrow $50,000 or more new money. Some Restrictions Apply.

HOME EQUITY LOANS: Whether you are looking to purchase or refinance, give us a call! In-house mortgage loans can be financed up to 80% loan to value. Average closing costs are approximately $634. Current Rates are as follows:*

Closed end fixed 1st mortgage are:
4.50% APR - 5 years 4.95% APR - 10 years

Closed end fixed 2nd mortgage are:
4.50% APR - 5 years 5.25% APR - 10 years

FIRST MORTGAGE BALLOON LOANS: We now offer a balloon mortgage to keep your payments lower and stay financed in-house at the Credit Union! With a 10/20 balloon mortgage, you have payments based on a 20 year amortization with a balloon payment due at the end of 10 years. This has a fixed rate of 5.15% APR. With a 5/15 balloon mortgage, you have payments based on a 15 year amortization with a balloon payment due at the end of 5 years. This has a fixed rate of 4.75%. Estimated closing costs are approximately $634. (No origination fee!)

MORE FIRST MORTGAGE LOAN OPTIONS: Advantage Credit Union partners with Premier Lending Alliance for our members needing more than 80% financing or terms longer than 10 years. Among the many programs are Fixed Rate Loans up to 30 years, Variable Rate Loans, Balloon Programs, VA Loans, and a variety of down payment options, even 100% financing. For more information call Tim Wells at 866-451-3273.

HOME EQUITY LINE OF CREDIT:: You can establish a line of credit based on the equity in your home with a minimum initial advance of $5,000. After that you can get advances of $500 or more with just a phone call, home banking transaction, or a visit to the credit union. Average closing costs are approximately $634. The HELOC variable rate is based on the Prime Rate plus .50% and is subject to change January 1 and July 1 not to exceed a change of 2% per year.

* Auto payment required for the home equity/mortgage rates above. Add .25% without auto pay.