Rates

Effective as of 12/1/2024

Loan Rates

Vehicles, motorcycles, recreational vehicles, boats, & campers

2015 & newer collateral financed up to 100% of an average of JD Power clean and average trade-in values
2014 and older finance 90% of an average of JD Power clean and average trade-in values.

Real estate loans

Unsure of what a balloon mortgage is?

A balloon mortgage offers lower monthly payments initially, but a large sum is due at the end of the term (8 years). Think of it like inflating a balloon - with small, easy payments early on, like a 30-year mortgage. But before the final payment hits after 8 years, you have options! You can pay the lump sum, refinance the mortgage with Public Service Credit Union or another lender, or sell the home. If you’d like to learn more about these kinds of mortgages, use the button above!

2nd Mortgages are only available for fixed 5 and 10 year terms

If you are requesting a mortgage loan with Public Service Credit Union, you can use the button below to look up information regarding the employees of Public Service Credit Union.

Public Service Credit Union NMLS# 442120
Bonnie Grayson - VP, Operations & Lending NMLS# 2317471
Kyle Turner - Interim President NMLS# 2485753

Personal loans

A secured personal loan is available for collateral that is not a vehicle or real estate. The collateral must have a valid appraisal and is subject to approval by the loan officer and credit committee.

Holiday Helper Loans

Whether you're shopping for gifts, planning a special celebration, or traveling to see loved ones, our Holiday Helper Loan provides the flexibility you need. Choose between $500 or $1,000 to match your holiday budget, with affordable monthly payments that fit your financial plan. With a competitive 10.99% APR* and an 11-month term, you can start the new year with confidence. Only available November 1st thru December 31st.

Signature loans

A signature loan is a fixed-term unsecured loan meaning you do not have collateral securing the loan. This loan is subject to credit approval up to a limit of $5,000.00. Any member who has an active Kwik Cash line of credit is ineligible to receive a signature loan.

Kwik Cash Line of Credit

A Kwik Cash line of credit is a revolving, unsecured line of credit similar to a credit card. There is a minimum payment dependent on the balance on the account. If there is a $0 balance, then there is no minimum payment. This line of credit is subject to credit approval up to a limit of $5,000.00. Any member who has an active signature loan is ineligible to open a Kwik Cash line of credit.

Share Secured Loan

This product is a great way to build credit or establish credit history! A share secured loan lets you borrow money using your savings account balance as collateral against the loan. We “freeze” the amount that you borrow for the loan, but the money will continue to earn dividends in your shares savings account. As you pay back the loan, the “frozen” funds become available for you to use or withdraw. The only limit is the balance of your savings account. Payments for this loan, like all loans at Public Service Credit Union, are reported to the credit bureau, So this is a great way to build credit history in a cost effective way!

Share Rates

The share and IRA rates appearing below are accurate as of the last dividend declaration date. If you have any questions or require current rate information on your accounts, please call the credit union at (715) 842-9865 or email info@publicservicecu.org

The advertised APY with a minimum deposit assumes dividends remain on deposit until maturity. Public Service Credit Union will terminate the account and impose a penalty if a withdrawal of principal is made prior to the Maturity Date. Early withdrawal penalties apply and are disclosed in the original Share Certificate. Certificates will rollover at maturity into a like term at the then prevailing dividend rate. Membership eligibility is required. Membership requires a minimum balance of $25 in a Public Service Credit Union Shares Account. Insured by NCUA.

What is the difference between the rate and APY (Annual Percentage Yield)?

The APY can be very confusing but is a very useful tool in knowing exactly what the return on your deposit will be, especially when shopping around with different financials. Some banks and credit unions will pay your interest or dividends monthly, once a quarter, or even just twice a year, Think about saving money in a piggy bank that grows your money over time. The rate tells you how much extra money you'll get, like "2% more money." But APY tells you the whole story - it shows how much extra money you'll really get because your financial institution adds the extra money at different times during the year.

When the bank or credit union adds your extra money more often (like every month instead of once a year), you get even more money because your extra money starts earning extra money too! APY helps you figure out which financial institution will give you the most money back when you save with them. So make sure that you get the biggest return on your money and look for high APYs with Public Service Credit Union!