Rates

Loan Rates

New Vehicles

Loan Type Terms APR*
Including Automobiles, Boats, Motorcycles, Tractors, Campers, and 4-Wheelers/ATVs 36 months Rates as Low as 5.19% APR*
  48 months Rates as Low as 5.49% APR*
  60 months Rates as Low as 5.49% APR*
  72 months Rates as Low as 5.74% APR*
  84 months Rates as Low as 5.99% APR* (Selling price must be $30,000)

Program Cars / Demonstrators. New Car financing available for program cars if purchased in the current model year. ATV’S and Golf Carts (New Only). Same rates as New Vehicles, Limited to 5 year financing. Second Chance Vehicle Loans. Refinance a new vehicle within the first year and get our New Vehicle Rates. 84 monthly payments of $14.61 per $1000 borrowed at 5.99%. ** Rates subject to Credit and Collateral Qualifications. **All interest rates are subject to change without notice and may be higher than the listed rates. All rates are based on Credit History.

Used Vehicles

Loan Type Terms APR*
5 Years Old or Older Including Automobiles, Boats, Motorcycles, Tractors, and Campers 36 months Rates as Low as 8.20% APR*
  48 months Rates as Low as 8.20%% APR*

Unimproved property / Lots

Terms APR*
1 – 6 years Rates as Low as 5.15% APR*
7 – 9 years Rates as Low as 5.40% APR*
10 – 15 years Rates as Low as 5.65% APR*

15 year amortization with 10 year maturity. 180 monthly payments of $8.26 per $1000 borrowed at 5.65%. Lesser of appraisal value or cost. Not to exceed total loan limit. Mortgages are done by credit union attorney before check is issued. Member pays for appraisal, attorney fees, title search, etc… Need purchase agreement & appraisal authorizatio.n

Home Equity / Home Purchase

Terms APR*
Up to 30 years Please call RRFCU for current rates (225) 869-9762

Signature Loans

Requirements Maximum Amount APR* Sample Payments
Members are eligible after 6 months of employment Member can qualify for 2 times their gross monthly income not to exceed $10,000.00. Rates as Low as 5.99% APR* 24 monthly payments of $44.33 per $1,000 borrowed at 5.99% APR*

Rates are determined upon credit history.

Share Secure Loans

Requirements Term APR*
Application Term limit – 12 years Rates are 2% above the rate earned on shares held as collateral.

Tuition Loans

Requirements Term APR*
Copy of invoice from school/college required 1-Year Term Rates as Low as 3.99% APR*

Savings Rates

Share Dividend Rates

Share Amount Dividend Rate APY**
$100.00 to $9,999.99 0.15% 0.150%
$10,000.00 and Over 0.20% 0.200%

All dividend rates are subject to change without notice. *Dividends are figured on daily balances, compounded, and paid quarterly. APY = annual percentage yield.

Christmas Club

Term Dividend Rate
Christmas 0.15%

Share Certificate Rates

Youth Accounts for $1,000 and over

Term Dividend Rate APY**
6 Months 4.00% 4.081%
1 Year 4.50% 4.602%
18 months 3.75% 3.821%
2 Years 3.50% 3.562%
3 Years 3.25% 3.303%

Share Certificate Rates $5,000.00 and over

Term Dividend Rate APY**
6 Months 4.00% 4.081%
1 Year 4.50% 4.602%
18 months 3.75% 3.821%
2 Years 3.50% 3.562%
3 Years 3.25% 3.303%

IRA Dividends

IRA Account Dividend Rate APY**
  0.50% 0.501%