Loan Rates

Check Out Our Competitive Rates

The rates appearing here are accurate as of the effective date: December 10, 2019. If you have any questions or wish to request specifics on rates, terms and additional information, please call the Credit Union at 1-704-391-5600 or 1-800-622-5305. Rates are subject to change without notice. The Annual Percentage Rate you receive may vary, based on certain individual creditworthiness criteria. If you have a loan with us, you will receive specific agreements and disclosures at the time of application and/or closing of the loan that are applicable to your specific loan.

New and Used Auto Loans

We offer the same rates on both New and Used vehicles, with the exception of 84 months rates, which are reserved for new vehicles only.

TermAPR as low as*
36 Months 3.39%
48 Months 3.39%
60 Months 3.59%
72 Months 3.79%
84 Months (new only) 3.99%

Extended Age and Mileage Used Auto Loans

Used vehicles that meet at least one of the following: 9 to 12 model years old and/or over 100,000 miles not to exceed 150,000 miles.

TermAPR as low as*
36 Months 4.79%
48 Months 4.79%
60 Months 4.99%

Visa Platinum Cash Back Credit Card

Credit CardTermAPR as low as*
Rewards Option with 2% Cash Back** Terms may vary 12.20%
Low Rate Card Terms may vary 11.20%
Secured Card Terms may vary 18.00%

Fixed Rate-First Mortgages*

Up to 95% of Purchase Price or Appraised Value, Whichever is Less

TermInterest Rate as low as*APR as low as*Downpayment as low as*PMI
10-Year Fixed 3.63% 3.69% 5% None
15-Year Fixed 3.63% 3.69% 5% None
30-Year Fixed 4.13% 4.21% 5% None

30-Year, 5/1 Adjustable Rate Mortgage*

The loan will begin with a low, constant rate, and then adjust upward or downward regularly according to an index: determined by the 1 Year Constant Maturity Treasury Yield made available by the Federal Reserve Board. Up to 95% financing available for qualified borrowers; No PMI (Private Mortgage Insurance) required; No rate adjustment during the first 5 years; Rate adjusted annually after first 5 years; Maximum annual rate adjustment: 2%; Maximum rate adjustment over the life of the loan: 6%. Index is determined by the 1 Year Constant Maturity Treasury Yield made available by the Federal Reserve Board.

TermInterest Rate as low as*APR as low as*Downpayment as low as*PMI
5/1 Adjustable Rate Mortgage available in a 30-year term 3.75% 3.82% 5% None

First-Time Homebuyer Program: 30-Year, 5/1 Adjustable Rate Mortgage*

Allows First‐Time Homebuyers with 2 years of consecutive job history to purchase a new home as a primary residence. The loan will begin with a low, constant rate, and then adjust upward or downward regularly according to an index: determined by the 1 Year Constant Maturity Treasury Yield made available by the Federal Reserve Board. Up to 97% financing available for qualified borrowers; NO PMI (Private Mortgage Insurance) required; No rate adjustment during the first 5 years; Rate adjusted annually after first 5 years; Maximum annual rate adjustment: 2%; Maximum rate adjustment over the life of the loan: 6%. Index is determined by the 1 Year Constant Maturity Treasury Yield made available by the Federal Reserve Board.

TermInterest Rate as low as*APR as low as*Downpayment as low as*PMI
5/1 Adjustable Rate Mortgage available in a 30-year term, for First Time Home Buyers 3.75% 3.82% 3% None

Home Equity

Up to 90% of Appraisal Value

TermAPR as low as*
Terms may vary 5.00%

Other Loans

LoanTermAPR as low as*
Telcheck

Provides Overdraft Protection for Your Checking Accounts

Terms may vary 9.50%
Line of Credit Terms may vary 9.50%
Santa Helper Terms may vary 9.50%
Personal Loan Terms may vary 9.50%
Lend A Hand Loan Terms may vary 18.00%

Motorsport Vehicles and Others

Motorcycle, ATV, Boat, Jet Ski, Travel Trailer, Motorhome, Stock Secured

TermAPR as low as*
36 months 5.85%
48 months 5.95%
60 months 6.10%
72 months 6.25%

Share Secured

TermAPR as low as*
Up to 24 months 3.00%
25 to 48 months 3.50%
49 to 72 months 4.00%
73 to 84 months 5.00%

See our list of fees for specific products and services.

APY = Annual Percentage Yield. The rates appearing here are accurate as of the effective date: December 10, 2019. If you have any questions or wish to request a Rate and Fee Sheet with terms and additional information, please call the Credit Union at 1-704-391-5600 or 1-800-622-5305. Rates are subject to change without notice. Fees may reduce the earnings on some accounts. All services, such as loans, credit cards and checking accounts, are subject to approval.

** Reward Rates - 2.02% APY (Annual Percentage Yield) is paid on balances between $0.00 to $20,000.00 and 0.10% APY is paid on all amounts of $20,000.01 and above, each cycle that the minimum qualifications are met. Up to $25.00 in ATM Fees will be refunded each cycle that qualifications are met. If you do not meet the qualifications per cycle, your account will still function as a free checking account earning Base Rate 0.10% APY; however, it will not receive ATM fee refunds for that time period. We may change the interest rate and APY at any time after the account is opened. No minimum balance required. No monthly service charge. The qualification cycle is approximately one month long, but begins on the last business day of the previous month and goes through the second to the last business day of the current month. Eligible transactions must post during the qualification cycle in order to receive credit. Only one Rewards Checking Account may be opened per member, and any additional checking accounts will be opened as standard Share Draft Accounts.

All terms and conditions are subject to change without notice. For online loan requests, we'll contact you within one business day to complete all necessary loan paperwork and to discuss the method for disbursing your funds, if approved. For some loans, we offer the option to sign your loan documents electronically. You must be a current member of Carolinas Telco Federal Credit Union (CTFCU) to be eligible for a loan or credit card. If you have a current CTFCU Visa® Platinum Credit Card and want to switch to the CTFCU Visa® Platinum Low Rate Credit Card, select that credit card on the application. All services including loans, credit cards, and checking accounts are subject to approval. * APR = Annual Percentage Rate. The rates appearing here are accurate as of the effective date: December 10, 2019. All terms and conditions are subject to change without notice. The Annual Percentage Rate you receive may vary, based on certain individual creditworthiness criteria. Currently, our rates range from the rates shown, up to 18.00%. For information regarding the rate you may qualify for, contact the credit union at 1-800-622-5305. All services including loans, credit cards, and checking accounts are subject to approval.

Scroll to Top