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APR as low as
Auto Loan 3.74%
Home Equity Line of Credit 4.00%

APY
Share Certificate (1 year) 3.500%
Money Market ($2,500 min.) 2.000%
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SAVINGS & CHECKING LOANS & CREDIT CONVENIENCE SERVICES RESOURCE CENTER

Real Estate Loans

If you need money for home remodeling, college expenses, retirement or other big budget items, you can use the collateral in your home as a source of low cost funding with a Home Equity Line of Credit or Fixed Rate Home Equity Loan. Or, if you are looking to buy a new home or refinance a current property, a 1st Mortgage Loan at Credit Union 1 is the perfect, hassle-free solution! Visit our Resource Center for interesting tips and articles to help you make a better informed decision with your next Home Loan.

Home Equity Line of Credit (HELOC). When it comes to your personal finances you deserve choices. That is why Credit Union 1 offers two great options with unique features designed to help you achieve your financial goals. The interest that you pay may be tax-deductible (Please consult your tax advisor for details).

    HELOC
    • Rates as low as 1.01% below Prime for the life of the loan (based on $100,000 minimum)
    • 80% Loan to Value — Less 1st Mortgage
    • Up to 20 Years Repayment
    • No Application Fee
    • No Appraisal Fee
    • No Closing Costs
    HELOC Interest-Only Payments
    • 80% Loan to Value — Less 1st Mortgage
    • No Application Fee
    • 20 Year Term
    • Interest only payments for the first 10 years
    • Payments for the remaining term will consist of principal and interest

20 year term, 10 year draw, floor rate of 4%, up to 80% LTV. Variable rate changed monthly based on Prime Rate as quoted in the Wall Street Journal. Credit Union 1 pays fees in Illinois and Indiana. All other states, Credit Union 1 pays the first $300. If HELOC is closed within 24 months, a fee reimbursement applies. Certain restrictions and requirements may apply, contact credit union for details.

Fixed Rate Home Equity Loan. If you know exactly what you are looking to spend, a Fixed Rate Home Equity Loan is a great option that will give you piece of mind knowing that your rate will never increase!

  • Competitive Fixed Rates
  • 80% Loan to Value — Less First Mortgage
  • Up to 15 Years Repayment
  • No Application Fee

1st Mortgage Loan. If you are over whelmed with purchasing or refinancing your home, Credit Union 1 can help! Our 1st Mortgage division, CU America offers a full service mortgage program with competitive rates, low closing costs, and knowledgeable professionals to guide you through the whole process. You'll receive a tailored program to fit your individual needs.

  • Loan pre-approvals within 24 hours
  • First time home buyer programs
  • Options for less than perfect credit
  • Applications accepted online, by phone or mail
  • FHA & VA financing
  • Fixed Rate, Adjustable Rate (ARM), Jumbo & Balloon programs available





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Your share deposits are insured to $250,000 per account. This institution is not federally insured.











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