Loan Rates

We offer a variety of low rate loans for our members 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!**

Loan Rates as of July 1, 2016

NEW! Classroom Cash Loan
Classroom Cash Loan	Annual Percentage Rate
Up to 10 Months	0%

Maximum loan amount for the Classroom Cash Loan is $500.00. Payment example: Monthly loan repayments on a $500.00 loan is $50.00 per month. There is a $25 application fee. We do not consider credit history or credit score for this loan. Direct deposit required for monthly loan payment. A copy of current contract required. TVTFCU membership required. Only one Classroom Cash Loan is available per member at one time. Some restrictions apply. Terms subject to change without notice.

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Visa Classic Credit Card with ScoreCard Rewards & Visa Platinum Credit Card
Description	Visa Classic Credit Card with Scorecard Rewards	Visa Platinum 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.
Method of Computing the Balance for Purchases	Average Daily Balance method (including current transactions)	Average Daily Balance method (including current transactions)
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

*APR = Annual Percentage Rate

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.

Visa Loanliner Disclosure >

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Vehicles & Motorcycles**
Vehicles & Motorcycles	Annual Percentage Rate
Up to 5 Years	1.80%* Up to 104% financing
Up to 6 Years	2.00%* Up to 104% financing
Up to 7 Years¹	3.00%* Up to 104% financing

¹New cars only.

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Vehicles & Motorcycles Older Models
Vehicles & Motorcycles – Older Models²	Annual Percentage Rate
8 – 12 years old (2004 – 2008)	3.00% above regular Vehicle & Motorcycle rate
13 – 15 years old (2001 – 2003)	6.00% above regular Vehicle & Motorcycle rate

Maximum loan amount for vehicle loans: $50,000.00. We do not refinance existing TVTFCU loans.

Payment Example: A $10,000 car loan financed for 36 months at 2.69% would be $298.52 per month including credit disability insurance.

²Maximum term is 48 months. Maximum Loan to Value is 100%.

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Recreational Vehicles*
(Boats, RVs, Tow-Behind Travel Trailers, ATVs, Dirt Bikes, Travel Trailers and Airplanes)
Recreational Vehicles	Annual Percentage Rate
Up to 4 Years	9.00%* Up to 94% financing
	10.00%* 95 - 104% financing
5 to 7 Years	12.00%* Up to 94% financing
	13.00%* 95 - 104% financing

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Personal*
Personal	Annual Percentage Rate
Up to 1 year	8.50%*
Up to 2 years	9.00%*
Up to 3 years	9.50%*
Up to 4 years	10.00%*
Up to 7 years	11.50%* **

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.

Payment example: a $5,000 loan at 9.5% for 36 months would be $165.02 per month including credit disability insurance for the primary borrower only.

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Savers
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.

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Shared Secured
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 loan at 4% for 36 months would be $14.76 per month.

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Share Certificate Secured
Share Certificate Secured	Annual Percentage Rate
Due Upon Maturity	3.00% Above Certificate Rate

Minimum loan amount is $500.00.

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Home Equity - Fixed*
Home Equity - Fixed Loan to Value:	Annual Percentage Rate 5 Year	Annual Percentage Rate 7 Year	Annual Percentage Rate 10 Year	Annual Percentage Rate 12 Year
80% and Below	3.75%*	4.00%*	4.25%*	4.50%*
80.01% - 90%	5.25%*	5.50%*	5.75%*	6.00%*

APR = Annual Percentage Rate

Minimum loan amount for a home equity fixed loan is $10,000.00,
the maximum loan amount is $100,000.00.

Payment example: a $10,000 loan at 3.75% for 60 months would be $294.13 per month. The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater. Your interest may be tax deductible, consult your tax advisor.

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Home Equity - Line of Credit (HELOC)
Home Equity Line of Credit (HELOC)	Annual Percentage Rate
Loan to Value for HELOC is 75%	Variable (Prime + 0)

The rate is based on the prime rate published in The Wall Street Journal on the last business day of the month.

Minimum HELOC is $10,000.00, maximum HELOC is $100,000.00. The maximum Loan to Value for houses is 75% and for condominiums is 70%. The payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater. Your interest may be tax deductible, consult your tax advisor.

HELOC Loanliner Disclosure:
Page 1 and Page 2

What You Should Know About Home Equity Lines of Credit:
Page 1 and Page 2

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Mortgages

Click here to view our Mortgage Rates»

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Mortgage products offered in partnership with Allanach Mortgage Group, broker's license MA# MB6033 - NH# 5616 - ME# CS04501 - CT# 7160 - RI# 20051935LB.

Mortgage Express
Mortgage Express	Annual Percentage Rate
Up to 10 Years	4.00%

Our Mortgage Express loan is a fixed rate home equity loan secured by a first lien position on your primary residence. This offer applies to a single family owner-occupied home or condominium located in CT or MA. Refinance mortgage transactions only; no cash out and not for purchase money. There is a non-refundable one time origination fee of $350. Minimum loan amount is $25,000. Maximum loan amount is $200,000. Maximum loan-to-value is 75%. TVTFCU does not escrow for insurance and/or taxes. Excludes refinance of any TVTFCU loan. Payment example: a $25,000 loan at 4.00% for 60 months would be $460.41 per month. The payments do not include amounts for taxes and insurance premiums, if applicable, and that the actual payment obligation will be greater. Your interest may be tax deductible, consult your tax advisor.

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* 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.

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