CVF Credit Union strives to give you the best possible value for your money with a complete line of banking products and services. As a member-owned financial institution serving the individuals, families, and businesses in the 29 counties we serve. We are committed to providing competitive rates on savings and lower rates on loans to make your life better. For more details download our PDF brochure: Your Insured Funds.
Effective June 19, 2025. Rates and offers are for new loans only and are subject to change without notice. Loans already financed with CVF Credit Union do not qualify. Call us at (734) 432-0212 for more information.
| AUTO LOANS | TERM | APR* as low as |
|---|---|---|
| Model Years 2021-2025 Apply Online | 12 to 60 months 61 to 75 months 76 to 84 months | 5.99% 6.24% ($15,000 and over) 6.24% ($30,000 and over) |
| Model Years 2015-2020 Apply Online | 12 to 60 months 61 to 75 months 76 to 84 months | 5.99% 6.24% ($15,000 & over) 6.24% ($30,000 & over) |
| Model Years 2014 and older Apply Online | 12 to 60 months | 9.74% |
*APR = Annual Percentage Rate. Rates shown are based on credit history, are available only on loans not already financed with CVF Credit Union and subject to change without notice. Example: A loan amount of $40,000 with a rate as low as 5.99% APR for 60 months would have an approximate monthly payment of $773.13.
| Loan Amount | MAX TERM | APR* as low as |
|---|---|---|
| Boats, Motor Homes, RVs, and Travel Trailers | ||
| Any Amount $50,000 + $75,000 + Apply Online | 120 months (up to 90% LTV) 180 months (up to 90% LTV) 240 months (up to 90% LTV) | 6.99% 7.49% 7.49% |
Example: A loan amount of $40,000 with a rate as low as 6.99% APR for 60 months would have an approximate monthly payment of $791.86.
| Motorcycles, Jet Ski’s, Snowmobiles, Off-Road Vehicles, Camper Tops, Riding Lawn Tractors | |
| Term | APR* as low as |
| Up to 60 months (up to 90% LTV) | 7.74% |
| Up to 84 months (must be over $10,000, up to 90% LTV) | 8.74% |
| Apply Online | |
Example: A loan amount of $40,000 with a rate as low as 6.99% APR for 60 months would have an approximate monthly payment of $791.86.
| TYPE OF LOAN | TERM | ANNUAL PERCENTAGE RATE (As Low As)* |
|---|---|---|
| Unsecured Closed End | up to 60 months | 10.99% |
| Share Secured | 6.74% | |
| Certificate of Deposit Secured | Not to exceed certificate maturity | 6.74% |
| Tuition (Checks payable to the schools) | 12 months | 6.99% |
| Unsecured Line of Credit | 11.49% |
Example: An unsecured closed end loan amount of $2,000 with a rate as low as 10.99% APR for 36 months would have an approximate monthly payment of $65.47.
| Account | Introductory Rate | ANNUAL PERCENTAGE RATE (As Low As)* |
|---|---|---|
| Platinum | 0.00% for first 6 months | as low as 12.99% |
| Signature | 0.00% for first 6 months | as low as 14.99% |
Please contact us directly for most current rate disclosures.
| Account | Term | ANNUAL PERCENTAGE RATE (As Low As)* |
|---|---|---|
| Home Equity Line of Credit | 7.25% | |
*Annual Percentage Rate. The Home Equity Line of Credit (HELOC) is a variable rate loan based on the Wall Street Journal Prime Rate, plus or minus an index, and can change quarterly. Regular HELOC rate for A+ credit is currently as low as 7.25% APR. Ask us for “Important Terms” and view historical rates and payment examples. Your actual rate and index will be based on your credit score and combined loan to value. The rate floor for A+ credit and 80% LTV is 7.25% APR. The maximum rate is 14.00% APR. The minimum loan for this Home Equity Line of Credit is $10,000. Appraisal fee of approximately $500 is due at time of application. Assumes A+ credit and 80% Combined Loan to Value. Your fee may be more or less depending on property and appraisal required.
*APR = Annual Percentage Rate. Rates shown are based on credit history, are available only on loans not already financed with CVF Credit Union and subject to change without notice. Individual rates vary and are dependent on individual credit history and other factors including LTV and term.
Effective June 19, 2025. Rates are subject to change without notice. Call us at (734) 432-0212 for more information.
Dividends are paid quarterly based on previous quarter rates.
| SHARES | DIVIDEND RATE | ANNUAL PERCENTAGE YIELD |
| Savings (Shares) Accounts | 0.05% | 0.05% |
| Checking (Draft) Accounts | 0.00% | 0.00% |
| Youth Accounts (16 years of age or under) | ||
| $0.01 to $1,000.00 | 1.00% | 1.00% |
| $1,000.01 and up | 0.05% | 0.05% |
| Christmas Club Accounts | 0.25% | 0.25% |
| Vacation Club Accounts | 0.20% | 0.20% |
| IRA Shares (Traditional, Roth & ESA) | 0.50% | 0.50% |
Annual Percentage Yield (APY). APY may change before or after the account is opened. Fees may reduce earnings. Fee Schedule is now available in online banking.
| Effective June 1, 2025 | ||
| MONEY MARKET | DIVIDEND RATE | ANNUAL PERCENTAGE YIELD |
| $100.00 – $2,499.99 | 0.05% | 0.05% |
| $2,500.00 – $9,999.99 | 1.00% | 1.00% |
| $10,000.00 – $49,999.99 | 1.24% | 1.25% |
| $50,000 – $99,999.99 | 1.49% | 1.50% |
| $100,000.00 – $249,999.99 | 1.74% | 1.75% |
| $250,000.00 + | 1.98% | 2.00% |
Annual Percentage Yield (APY). APY may change before or after the account is opened. Fees may reduce earnings. Fee Schedule is now available in online banking.
| IRA/SHARE CERTIFICATES | ANNUAL PERCENTAGE YIELD | DIVIDEND RATE |
| Rates are subject to change without notice. | ||
| 1-year Certificate | 4.20% | 4.14% |
| 2-year Certificate | 4.00% | 3.94% |
| 3-year Certificate | 4.00% | 3.94% |
| 4-year Certificate | 3.50% | 3.45% |
| 5-year Certificate | 3.50% | 3.45% |
Annual Percentage Yield (APY). APY subject to change without notice. Minimum to open: $500 for IRA certificates. Fees may reduce earnings; subject to penalty for early withdrawal. Fee Schedule is now available in online banking.