We Have Great Rates!

  • Auto Loans
  • Personal Loans
  • Credit Cards
  • Home Equity Lines of Credit
  • Individual Lines of Credit
  • Other
Effective as of: August 1, 2023

New Vehicles

Approximate Term Annual Percentage Rate (APR)
New Cars, Trucks, and SUVs: Up to 60 Months As low as 6.00%***
New Cars, Trucks, and SUVs: 61 Months - 84 Months As low as 6.75%***
New Boats, RVs, Motorcycles, and Other Vehicles: Up to 60 Months As low as 8.00%***
New Boats and RVs: 61 Months to 84 Months As low as 8.75%***
New Boats and RVs: Loan >$40,000 and term >84 Months (up to 120 Months) As low as 9.75%***
New Luxury Vehicles: Loan >$40,000 and term >84 Months (up to 120 Months) As low as 9.75%***

Used Vehicles

Approximate Term Annual Percentage Rate (APR)
Used Cars, Trucks, SUVs, and Classics: Up to 60 Months As low as 6.50%***
Used Cars, Trucks, SUVs, and Classics: 61 Months - 84 Months As low as 7.25%***
Used Boats, RV's, Motorcycles, and Other Vehicles: Up to 60 Months As low as 8.50%***
Used Boats and RV's: 61 months to 84 months As low as 9.25%***
Used Boats, RVs, and Classic Autos: Loan >$40,000 and term >84 Months (up to 120 Months) As low as 10.25%***
Used Luxury Vehicles: Loan >$40,000 and term >84 Months (up to 120 Months) As low as 10.25%***

*** The loan rates shown are our premium rates based on Welcome Federal Credit Union’s risk-based pricing program. Your rate may vary and is determined by your credit score, amount financed, collateral, and loan terms. Other rates and terms are available. All rates and terms are subject to change without notice. 

The estimated monthly payment on a $25,000.00, 60-month loan at 6.00% APR is $483.45.

(Contact your branch for more information and full disclosures.)

Effective as of January 1, 2023

Personal Loans

Loan Types Annual Percentage Rate (APR)
Disaster Loans 12.00%
Debt Consolidation Loans 16.00%
Bridge Loans 14.00%
Tax Relief Loans 14.00%

^This plan has a variable rate feature and the Annual Percentage Rate (corresponding to the periodic rate) may change as a result. The Annual Percentage Rate is based on your income, credit worthiness, the value of an index and the margin. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published, the highest rate will be used. We will use the most recent index value available to us as of the last business day of each month preceding any annual percentage rate adjustment. No interest is charged until you use the funds.

(Contact your branch for more information and full disclosures).

Effective as of October 1, 2023 Credit Cards
Effective as of February 1, 2024

Home Equity Lines of Credit

Loan Types Annual Percentage Rate (APR)
Home Equity Line of Credit Loans ** As low as 9.25% - APR is Based on Combined Loan-to-Value, your creditworthiness, and the Index****

*This plan has a variable rate feature and the Annual Percentage Rate (corresponding to the periodic rate) and the minimum payment may change as a result. The APR is accurate as of February 1, 2024. The Annual Percentage Rate is based on your creditworthiness, the value of an index and the combined loan-to-value. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published, the highest rate will be used. We will use the most recent index value available to us as of the last business day of January preceding any annual percentage rate adjustment. No interest is charged until you use the funds.

To determine the Annual Percentage Rate that will apply to your account, we add a margin to the value of the index. If the rate is not already rounded, we then round up to the next .25%.

The Annual Percentage Rate can change annually on the first day of May. The rate cannot increase more than 1.0 percentage point in any one-year period. The Annual Percentage Rate cannot increase more than 5.0 percentage points above the initial rate. The maximum APR for a home equity line of credit is 15.0%. The minimum APR is 3.0%.

If the credit line is closed by the member and the deed of trust released within 24 months of the loan origination date, the member will be required to pay $500.00 towards the closing costs that were paid by WFCU on the member’s behalf.  If that event occurs, the $500.00 will be added to the payoff amount.

Federally insured by NCUA. Equal Housing Lender. NMLS# 411459

Effective as of January 1, 2023

Individual Lines of Credit

Loan Types Annual Percentage Rate (APR)
Line of Credit Loans - Variable Rate^ APR is Based on your income, your creditworthiness, the Index and a margin^
Overdraft Line of Credit Loans - Variable Rate^ APR is Based on your income, your creditworthiness, the Index and a margin^
Line of Credit Loans 14.00%
Overdraft Line of Credit Loans 14.00%
Holiday Line of Credit Loans 14.00%
Summer Vacation Line of Credit Loans 14.00%

^This plan has a variable rate feature and the Annual Percentage Rate (corresponding to the periodic rate) may change as a result. The Annual Percentage Rate is based on your income, credit worthiness, the value of an index and the margin. The index is the Prime Rate published in the Money Rates column of the Wall Street Journal. When a range of rates has been published, the highest rate will be used. We will use the most recent index value available to us as of the last business day of each month preceding any annual percentage rate adjustment. No interest is charged until you use the funds.

(Contact your branch for more information and full disclosures).

Effective as of August 1, 2023

Other

Loan Types Annual Percentage Rate (APR)
Share Loans Share Rate Plus 3.00%
Certificate Secured Loans Certificate Rate Plus 2.00%
Land Loans ** 9.00%

**Eligible property must be located within the State of North Carolina.

(Contact your branch for more information and full disclosures).

 

Contact Your Branch for more Information and Full Disclosures.

Please be advised that the Henderson branch will be closed on Tuesday, July 16, and Wednesday, July 17 and be open from 7:30 - noon on Thursday, July 18, and Friday, July 19.

 Exciting news: your enhanced e-statement will be delivered soon!  

Please be advised of our holiday hours for Independence Day: all WFCU branches will be closed on Thursday, July 4. 

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed on Monday, September 2 in observance of Labor Day.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed on Monday, October 14 in observance of Columbus Day. 

Now is the time to get the best returns on your cash with higher interest rates on your Certificate and Money Market accounts!

Welcome Federal Credit Union will be closed on Monday, November 11 in observance of Veterans Day.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

Welcome Federal Credit Union will be closed for the Thanksgiving Holiday on November 28 & 29, 2024.

Now is the time to get the best returns on your cash with higher interest rates on your Certificate & Money Market accounts!   

As we close out 2024 and think forward to 2025, WFCU would like to wish all of our members and their families a wonderful holiday season and a prosperous New Year! Please be advised of our holiday schedule.

Attention Members: Please be advised the Henderson Branch will be closing at 12:30 today, Friday, May 31st.

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