Southpointe Credit Union lends millions of dollars each year to thousands of Members. Members finance through Southpointe Credit Union everything from automobiles to new homes. Loan interest rates are reviewed to ensure they are competitively priced.
All rates and terms are subject to change without prior notice.
New Vehicle: Southpointe Credit Union will finance up to 100 percent of the cost of a new car, truck or van, including tax and license (and mechanical breakdown insurance). The maximum term for this loan is 60 months (72 months for more than $20,000).
Used Vehicle: Southpointe Credit Union will finance up to 100 percent of the high NADA Book value (call for NADA details). Terms up to 60 months are available.
Pre-Approvals of New and Used Vehicle Loans available: A member may fill out an application before she/he starts shopping for a vehicle. Once it's approved, the Member may select a vehicle at his/her leisure. A pre-approved vehicle loan is valid for 60 days. Pre-Approved financing may give the Member an advantage when bargaining for the price of the vehicle .
Motorcycle Loan: Southpointe Credit Union will finance 100 percent of the purchase price (tax and license included) of a new motorcycle, 100 percent of the NADA value of a used motorcycle. Maximum term is 72 months.
Boat & RV Loan: Southpointe Credit Union will finance 100 percent of the purchase price (tax and license included) of a new boat, watercraft or RV, 100 percent of the NADA value of a used boat, watercraft or RV. Maximum term is 72 months.
Line of Credit: Members can establish an unsecured, open-ended Line of Credit up to $5,000 (based on credit-worthiness) and draw upon it when they wish. Members can access their Line of Credit through the touch-tone telephone access service and then transfer the funds to his/her Checking Account.
Personal Loan: Members can borrow up to $20,000 (based on credit worthiness) for the purpose of vacation, furniture or other major purchases. Maximum term is 48 months.
