Loan Rates
We offer a variety of low-rate loans for our member's evolving needs. Please contact our Loan Department for more information by calling 860-253-4780 or 800-749-8305.
FIND A LOWER CAR LOAN RATE & WE’LL MATCH IT!**
DEFER YOUR 1ST LOAN PAYMENT TO SEPTEMBER 30TH ON ANY CONSUMER LOAN!
(Includes Car Loans, Motorcycle Loans, Boat Loans, RV Loans, Personal Loans and Classroom Cash Loans.)
Offer valid through August 31, 2025. Interest will continue to accrue on the loan. Excludes all home loans and Visa Credit Cards.
Loan Rates as of July 1, 2025
Classroom Cash Loan | Annual Percentage Rate |
|---|---|
| Up to 10 Months | 0% |
Maximum loan amount for the Classroom Cash Loan is $1000.00. Payment Example: A $500.00 Classroom Cash Loan financed for 10 months at 0% apr would be $50.00 per month. There is a $25 application fee. We do not consider credit history or credit score for this loan. Direct deposit is required for monthly loan payment. A copy of current contract is required. TVTFCU membership is required. Only one Classroom Cash Loan is available per member at one time. Some restrictions apply. Terms subject to change without notice.
Description | Credit Card with Scorecard Rewards | Credit Card |
|---|---|---|
| Annual Percentage Rate for Purchases | 11.88% | 9.99% |
| Annual Percentage Rate for Transfer Balances & Cash Advances | 11.88% | 9.99% |
| Grace period | 25 day grace period on purchases only. No grace period on cash advance or balance transfers. |
25 day grace period on purchases only. No grace period on cash advance or balance transfers. |
| Minimum Monthly Payment | 3.00% of the balance or $25, whichever is greater. |
3.00% of the balance or $25, whichever is greater. |
| Annual Fee | None | None |
| Cash Advance Fee | None | None |
| Balance Transfer Fee | None | None |
| Late Payment Fee | $30.00 | $30.00 |
The method of computing the balance for purchases, is the average daily balance method (including new purchases).
ScoreCard Rewards: This program gives you the flexibility to earn points redeemable for exciting awards. View point balance, search and view awards, create wish lists, update your profile and more. Redeem points online for merchandise and travel awards. Your first year of points, if not redeemed, will expire March 31st of the fifth year. This will continue each year thereafter.
Vehicles & Motorcycles | Annual Percentage Rate | Financing |
|---|---|---|
3 Years |
6.00% | Up to 94% financing |
| 7.00% | Up to 104% financing | |
4 Years |
6.25% | Up to 94% financing |
| 7.25% | Up to 104% financing | |
5 Years |
6.50% | Up to 94% financing |
| 7.50% | Up to 104% financing | |
6 & 7 Years1 |
6.75% | Up to 94% financing |
| 7.75% | Up to 104% financing |
17 years - new cars only.
Maximum loan amount for vehicle loans: $60,000.00.
Add 1% to above rate if loan-to-value is 95% - 104% including Guaranteed Asset Protection Insurance (GAP).
Payment Example: A $10,000 car loan financed for 5 years at 6.50% apr would be approximately $204.84 per month including Credit Disability Insurance for the primary borrower. Borrower(s) have the option to purchase Credit Disability and/or Life Insurance. We do not refinance existing TVTFCU loans. Guaranteed Asset Protection Insurance (GAP) is available for purchase at a lower cost than most car dealers.
Vehicles & Motorcycles – Older Models | Annual Percentage Rate |
|---|---|
8 – 12 years old
|
3.00% above regular Vehicle & Motorcycle rate |
13 – 15 years old
|
6.00% above regular Vehicle & Motorcycle rate |
Maximum term is 48 months. Up to 100% financing including Guaranteed Asset Protection Insurance (GAP). Add 1% to above rate if loan-to-value is 95% - 100% including Guaranteed Asset Protection Insurance (GAP). We do not refinance existing TVTFCU loans.
Recreational Vehicles | Annual Percentage Rate | Financing |
|---|---|---|
| Up to 4 Years | 9.50% | *Up to 94% financing |
| 5 to 7 Years | 12.50% | *Up to 94% financing |
Add 1% to above rate if loan-to-value is 95% - 100% including Guaranteed Asset Protection (GAP) Insurance. We do not refinance existing TVTFCU loans.
| Annual Percentage Rate | |
|---|---|
12 Months |
6.50%3 |
| 24 Months | 7.00%3 |
| 36 Months | 7.50%3 |
| 48 Months | 8.00%3 |
| 49 - 84 Months | 9.50%3 |
Maximum loan amount for Personal Loan with one signature: $15,000.
Maximum loan amount for Personal Loan with two signatures: $25,000.
VISA limits are included in the signature limit. Minimum loan amount: $500.00.
3Our Summer Loan Special is valid from June 1 - August 31, 2025. APR = Annual Percentage Rate. Payment example: a $5,000 loan at 7.50% apr for 36 months would be $161.15 per month including Credit Disability Insurance for the primary borrower only. Rate may vary depending on various lending factors.
Savers | Annual Percentage Rate |
|---|---|
| Up to 12 Months | 7.50% |
Maximum loan amount for the Savers Loan is $500.00. Loan monthly payments are approximately $48.00 per month. Must have some income to satisfy monthly payment. A co-signer is not required. Loan proceeds deposited into your savings account and are available to you when the loan is paid in full.
Shared Secured | Annual Percentage Rate |
|---|---|
| Up to 3 Years | 4.00% |
| 4 to 7 Years | 6.00% |
Minimum loan amount is $500.00. Payment example: a $500 Share Secured Loan at 4% for 36 months would be $14.76 per month.
Share Certificate Secured | Annual Percentage Rate |
|---|---|
| Due Upon Maturity | 3.00% Above Certificate Rate |
Minimum loan amount is $500.00.
Annual | Annual | Annual | |
|---|---|---|---|
| Loan to Value is 80% and Below | 7.25% | 7.75% | 8.50% |
| Loan to Value is 80.01% - 90% | 8.75% | 9.25% | 10.00% |
Minimum loan amount for a Fixed Rate Home Equity Loan is $10,000.00, the maximum loan amount is $150,000.00. Payment example: a $10,000 loan at 8.50% for 15 years would be $110.97 per month including Credit Disability Insurance for the primary borrower. This applies to an owner-occupied home that is your primary residence located in CT or MA. The payments do not include amounts for taxes and insurance premiums. Your interest may be tax deductible, consult your tax advisor.
Home Equity Line of Credit (HELOC) | Annual Percentage Rate |
|---|---|
Loan to Value is |
Variable (Prime + 0) |
The Home Equity Line of Credit (HELOC) is a 25-year variable rate loan. The rate is based on the prime rate published in the Wall Street Journal on the last business day of the month. The loan term consists of a 10-year draw period and a 15-year repayment. During the draw period, the minimum payment is interest only. During the repayment period, the minimum payment is both interest and principal. Interest only monthly payment example: If you had an outstanding balance of $10,000, the minimum monthly payment at an annual percentage rate of 3.50% would be $50. If your payment is not made by the due date you may incur a late fee.
Minimum HELOC is $10,000, maximum HELOC is $100,000. The rate is subject to change monthly. The rate cannot increase or decrease more than 4.0 percentage points in any one year. Minimum interest rate is 3%, maximum interest rate is 18%. The payments do not include amounts for taxes and insurance premiums. Your interest may be tax deductible, please consult your tax advisor. Property insurance is required.
HELOC Loanliner Early Disclosure
What You Should Know About Home Equity Lines of Credit
Mortgages |
|---|
Mortgages are offered in the following states through our Mortgage partner:*
Connecticut, Massachusetts, Rhode Island, New Hampshire, Maine, Florida, Georgia, Arkansas and South Carolina.
*Mortgage products offered in partnership with Allanach Mortgage Group, broker's licenses:
CT ML2894 – MA MC2894 – RI 20051935LB – NH 5616MB
ME CS04501 – FL MLD1444 – GA 65192 – SC MLS 2894
TVTFCU NMLS# 415585
Mortgage Express | Annual Percentage Rate |
|---|---|
| 10 Years | 7.25% |
| 15 Years | 7.49% |
Our Mortgage Express is a fixed rate home equity loan secured by a first lien position on your primary residence. This applies to an owner-occupied home located in CT or MA. Refinance mortgage transactions only; no cash out and not for purchase money. There is a $350 Application Fee. Minimum loan amount is $25,000. Maximum loan amount is $275,000. Maximum loan-to-value is 80%. Payment example: a $25,000 Mortgage Express Loan at 6.25% apr for 10 years would be $316.86 per month including Credit Disability Insurance. Your rate may vary from the advertised rate and will be determined by various lending factors. The payments do not include amounts for taxes and insurance premiums as TVTFCU does not escrow for taxes and/or insurance. Your interest may be tax deductible, consult your tax advisor.
*Your rate may vary from the above rates and will be determined by various lending factors.
**TVTFCU will match your car loan rate with a floor of 1.99% apr. Proof of your current car loan rate from another lender is required.
All rates are subject to change without notice.
The monies being loaned out by your credit union, are from the funds deposited by you, your family and your fellow members. This is how your credit union is able to offer these LOW loan rates.
The insurance offered is not a deposit and is not federally insured by NCUA. The insurance is not guaranteed by the credit union nor an obligation of the credit union. The insurance may lose value.
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