Rates effective 09/01/2020 and subject to change. APR=Annual Percentage Rate. OAC=On Approved Credit. Your rate will be determined by the loan type, amount, applicable fees, collateral, term requested, and your credit score.

For additional information regarding rates and terms on Progressions Credit Union loans, please contact us.
 

PEACE OF MIND LOAN
90 Days Until First Payment Option Upon Request

(COVID-19 Emergency Relief Loan)
APR Range of Terms Other Information
4.99% Available up to 36 Months (OAC) For help with existing loans, please visit our COVID-19 Update Page.

Fixed rate and term.

One loan per Household

 
OAC = On Approved Credit. Membership is required and some restrictions apply. Minimum credit score of 600. For scores under 600, other options may be available, such as a personal (signature) loan. We will help guide you through this process. Rate and program details subject to change. Call for more details. 90 Day No Payment Option: Interest will continue to accure during the 90 day period.

Consumer loan payment example: Loan for $3,000.00 for a 36 month term at 4.99% APR will have a month minimum payment of $100.00.

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AUTOS AND TRUCKS
10 YEARS OLD AND NEWER
APR RANGE RANGE OF TERMS OTHER INFORMATION
2.99% - 17.49% 2013 Model year or newer up to 96 months OAC

2010-2012 Model years up to 78 months OAC
Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term, loan to value, and the mileage of the collateral. Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.
OAC = On Approved Credit. Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

For vehicles with 100k - 124,999 miles, add 1.50%, for vehicles with 125k miles add 3.00%; however, in no case will rates exceed 18%. Max term is 48 months for vehicles with 125,000 miles or more. Mileage may be limited to 150,000 miles.

Consumer loan payment example: New car loan of $20,000 for a 60 month term at 2.99% APR will have a monthly payment of $359.32.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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AUTOS AND TRUCKS

 11-15 YEARS OLD
APR RANGE RANGE OF TERMS OTHER INFORMATION
7.24%-17.49% Available up to 48 months OAC. Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term, loan to value, and the mileage of the collateral. Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.

OAC = On Approved Credit. Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

For vehicles with 100k - 124,999 miles, add 1.50%, for vehicles with 125k miles add 3.00%; however, in no case will rates exceed 18%. Max term is 48 months for vehicles with 125,000 or more. Mileage may be limited to 150,000 miles.

Consumer loan payment example: Used car loan of $10,000 for a 48 month term at 7.24% APR will have a monthly payment of $240.62.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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BOAT AND RECREATIONAL VEHICLE (RV)

2013 Model Years and Newer

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

4.24%-17.49% Available up to 180 months OAC. Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term, loan to value and mileage (if a motorized RV). Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.

OAC = On Approved Credit. Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: New RV loan of $35,000 for a 96 month term at 4.24% APR will have a monthly payment of $430.54.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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BOAT AND RECREATIONAL VEHICLE (RV)
2010-2012 Model Years
APR RANGE RANGE OF TERMS OTHER INFORMATION
4-74% - 17.49% Available up to 180 months OAC Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term, loan to value and mileage (if a motorized RV). Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.
Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: Used RV loan of $15,000 for a 60 month term at 4.99% APR will have a monthly payment of $281.32.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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BOAT AND RECREATIONAL VEHICLE (RV)

2005-2009 Model Years
APR RANGE RANGE OF TERMS OTHER INFORMATION
5.49% - 8.24% Available up to 84 Months OAC. Minimum advance $10,000, Fixed Rate, up to 80% LTV.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term, loan to value and mileage (if a motorized RV). Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.
Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: Used RV loan of $15,000 for a 84 month term at 5.49% APR will have a monthly payment of $215.52.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

Existing Progressions Credit Union loans do not qualify for these rates.

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SUMMER/WINTER TOYS - 10 YEARS OLD OR NEWER

(ATV, OFF ROAD MOTORCYCLES, STREET MOTORCYCLES UNDER 750CC, SCOOTERS, AND PERSONAL WATERCRAFT)

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

3.99%-17.49%

2013 Model years and newer up to 72 months OAC.

2010-2012 Model years up to 60 months OAC.

Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term and loan to value. Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.

Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: New ATV loan of $4,000 for a 48 month term at 3.99% APR will have a monthly payment of $90.31.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

Existing Progressions Credit Union loans do not qualify for these rates.

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STREET LEGAL MOTORCYCLES

10 YEARS OLD OR NEWER (OVER 750CC)

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

3.49%-17.49%

2013 Model years and newer up to 84 months OAC.

2010-2012 Model years up to 78 months OAC.,

Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term and loan to value. Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.

Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: New Motorcycle loan of $18,000 for a 60 month term at 3.49% APR will have a monthly payment of $327.40.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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STREET LEGAL MOTORCYCLES

11-15 YEARS OLD (OVER 750CC)

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

5.99%-17.49%

Available up to 48 months OAC.

Fixed rate. Max advance may include Tax, License, Warranty, and GAP.

Progressions Credit Union offers a range of rates that depend on factors such as credit history, loan term and loan to value. Actual rates are disclosed to approved applicants in writing prior to loan consummation. The rates listed here are a range of our lowest and highest with deductions noted below. In no case will rates exceed 18%.

Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: New Motorcycle loan of $4,900 for a 48 month term at 5.99% APR will have a monthly payment of $115.07.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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PERSONAL UNSECURED

(SIGNATURE LOAN FOR ANY PURPOSE)

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

9.99%-17.99%

Available up to 60 months OAC.

Fixed rate.

Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: Signature loan for $10,000 for a 60 month term at 9.99% APR will have a monthly payment of $212.47.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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PERSONAL LINE OF CREDIT (PLC)

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

9.99%-17.99%

Open Ended

Fixed rate.

Rates advertised for Personal Line of Credit (PLC) include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Personal Line of Credit (PLC) Loans are a fixed rate, open end line of credit with a variable payment. Minimum payments for a PLC are calculated at 2% of the outstanding balance or $25.00, whichever is greater. May be used for overdraft protection. A $2.00 overdraft transfer fee will apply.

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VISA CREDIT CARD

APR RANGE

RANGE OF TERMS

 OTHER INFORMATION

9.99%-17.99%

Open Ended

Fixed rate.
Click HERE for Introductory Rate and Balance Transfer offers.

Rates advertised for Visa Credit Card include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Visa Credit Card Loans are a fixed rate, open end line of credit with a variable payment. Minimum payments for a Visa Credit Card are calculated at 2% of the outstanding balance or $25.00, whichever is greater.

FULL VISA DISCLOSURE HERE

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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SPECIAL PURPOSE PERSONAL LOANS
(VACATION LOAN, BACK TO SCHOOL LOAN, WEDDING LOAN, BICYCLE LOAN, HOLIDAY LOAN, DEBT CONSOLIDATION LOAN)
APR RANGE RANGE OF TERMS OTHER INFORMATION
7.49% - 14.99% Available up to 24 months OAC Fixed Rate
OAC = On Approved Credit. Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: Specialty loan for $2,000.00 for a 24 month term at 7.49% APR will have a monthly payment of $90.00.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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HOLIDAY CASH LOAN - NO CREDIT REQUIRED

Loan Amount

Application Fee

Fixed Payment

Min. Gross Income

APR

$500.00

$30.00

$45.74

$1,500.00

17.5795%

$1000.00

$60.00

$91.48

$2,250.00

17.5779%

$1500.00

$90.00

$137.22

$3,000.00

17.5784%

Disclosures: Offered between November 1 and December 31st. APR=Annual Percentage Rate. To qualify for this no credit required loan, you must be at least 18 years old and be an active member in good-standing for at least 30 calendar days. Automatic payments are required. Rate before Appliction Fee is 6.49%. APR above is modified due to the fact the application fee is a finance charge.

Membership is open to those who live, work, worship, or attend school in the state of Washington. A one-time Membership Fee may apply.

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SAVINGS OR CERTIFICATE SECURED LOANS

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

Savings secured: 3% above the securing savings account rate.

Certificate secured: 3.50% above the securing certificate rate.

Up to 120 months OAC.

Fixed rate. No credit is required.

Savings Secured Loan payment example: Savings secured loan for $8,000 for 60 month term at 9.99% APR will have a monthly payment of $169.97.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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WEALTH BUILDER LOAN

APR

RANGE OF TERMS

OTHER INFORMATION

5.49% above securing savings account.

Available up to 30 months OAC.

Fixed rate. Maximum loan amount $4,999.99.

5.49% above securing savings account.

Available up to 48 months OAC.

Fixed rate. Loan amount $5,000.00-$10,000.00.

No credit required or income verification needed.

Funds remained fully pledged until loan is paid in full.

Wealth Builder Loan payment example: Wealth Builder loan for $1000 for 24 month term at 6.00% APR will have a month payment of $44.33.

CLASSIC AUTOS

APR RANGE

RANGE OF TERMS

OTHER INFORMATION

5.25%-17.49%

Available up to 72 months OAC.

Fixed rate. Max 80% Loan to Value based on NADA Classic Car Quide. Requires credit union inspection. May also require appraisal.

Rates advertised include a 0.25% discount for automatic payment and a 0.25% discount for direct deposit of payroll or retirement benefits to a Progressions Credit Union savings or checking account. Add 0.25% for other payment options and 0.25% for accounts without direct deposit. Your rate will increase if you cancel automatic payment or direct deposit. Call for more details.

Consumer loan payment example: Classic auto loan for $25,000 for a 72 month term at 5.25% APR will have a monthly payment of $405.60.

Existing Progressions Credit Union loans do not qualify for these rates.

Membership required. Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply.

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FIRST MORTGAGE DEED OF TRUST

PURCHASE OR REFINANCE

PURCHASE OR ADJUSTABLE RATE TRANSACTIONS CLICK HERE
 

REFINANCE, REFINANCE WITH CASH OUT, OR CASH OUT EQUITY FIRST MORTGAGES PLEASE CONTACT HERB ANDERSON, LAUREN MAUPIN, OR KEVIN SPOERL TO DISCUSS RATES AND OPTIONS AVAILABLE.



Progressions Credit Union - NMLS #784627  

Herb Anderson - NMLS #787236
Lauren Maupin - NMLS #996035
Kevin Spoerl - NMLS #422874


 

HOME EQUITY LINE OF CREDIT (HELOC)

Type

APR RANGE

Loan to Value

1st Deed of Trust

3.99%-5.74%

Maximum 85%

2nd Deed of Trust

4.24%-6.24%

Maximum 85%

Rate is variable and based on the Prime Rate (WSJ) + a Margin. Margins are based on the credit quality of the applicant. The rates above are the lowest available to qualified borrowers.

HELOC variable rate will not exceed 18% APR and will not go below the floor rate of 3.99% on a 1st DOT or 4.24% on a 2nd DOT.

Draw Period: 10 Years, minimum initial draw is $2,500.00. Any subsequent draws have a $100.00 minimum thereafter.

Repayment Period: 15 Years

Total length of loan is 25 years (Draw Period + Repayment Period).

Fees: Minimum initital advace required of $2,500.00; third-party closing costs range between $430.00-$1,620.00. Minimum initial advance to have closing costs paid by Progressions Credit Union, with the exception of any necessary appraisal/valuation is $20,000.00. Member is responsible for appraisal/valuation fees. If line of credit is closed within 36 months of origination, reimbursement of third-party closing costs paid by the credit union will be required. Borrower is responsible for the reconveyance fee charged to release the lien on the property at the time the credit line is paid off and closed. Offer valid 03/16/2020 and is subject to change.

Membership required.
Must live, work, worship, or attend school within the state of Washington. A $20.00 membership fee may apply. For more information or to apply, contact us.


Progressions Credit Union - NMLS #784627       



Herb Anderson - NMLS #787236
Lauren Maupin - NMLS #996035
Kevin Spoerl - NMLS #422874
             

HOME EQUITY CLOSED END

1st Deed of Trust/Fixed Rate Equity Loans

Terms Available

APR RANGE

Loan to Value

6, 10, 15, 20 & 30 years

Please contact the credit union for current quote

Maximum 85%

HOME EQUITY CLOSED END

2nd Deed of Trust/Fixed Rate Equity Loans

Terms Available

APR RANGE

Combined Loan to Value

6, 10, 15 & 20 years

Please contact the credit union for current quote.

Maximum 85%

Example payment: a $50,000 1st DOT Home Equity Loan for 180 months with a rate of 3.74% APR would have a monthly payment of $363.42.

Real Estate loans will be limited to the Credit Union's geographic area, which is defined as: the State of Washington, and; the Northern Idaho counties of: Benewah, Kootenai, Bonner, Latah, Boundary, and Shoshone.

Closing Costs/Settlement Charges will vary depending upon transaction specific details. Please contact the credit union for more information.

Membership required. Must live, work, worship, or attend school in the state of Washington. a $20.00 membership fee may apply.

Contact us for fee information and more details. Existing Progressions Credit Union loans may be subject to a 1% refinancing fee.


Progressions Credit Union - NMLS #784627         



Herb Anderson - NMLS #787236
Lauren Maupin - NMLS #996035
Kevin Spoerl - NMLS #422874