Business Rates

Table data for Business Auto Loans
 Rates Effective 06-18-2018
Available Terms Annual Percentage Rate (Fixed)1 Estimated Minimum Monthly Payment Alert Me
New Auto (2015 - 2018)2 36 - 84 months3 3.24% - 7.79% $233.93 based on a 6-year, $15,000 loan at 3.89% APR
Used Auto (2008 - 2014)2 36 - 84 months3 3.39% - 7.49% $235.98 based on a 6-year, $15,000 loan at 4.19% APR
Business Specialty Vehicle4 Up to 60 months 8.50% - 9.50% $512.91 based on a 5-year, $25,000 loan at 8.50%
All loan and line of credit rates are determined by credit union management and are subject to change at any time. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and practices now or hereafter adopted by the credit union. All loans and lines of credit subject to credit approval. Rates are based on an evaluation of credit history and other factors specific to your loan and may be higher than the lowest rate published.
  • 1Rates assume a 0.50% discount for automatic payment from a qualifying OnPoint account. Bundle Rewards: Receive 0.25% off consumer fixed APR (Annual Percentage Rate) loans. This offer excludes the refinance of existing OnPoint loans. Auto payment from an OnPoint Checking or Savings account is required. Additional products and services are required to qualify for Bundle Rewards. Please see an OnPoint representative for more information or click here.
  • 2New and used auto loan rates available on passenger-type vehicles only. For new/used auto model years 2008 and newer, maximum LTV may vary depending on credit history and factors specific to your loan. LTV is calculated using Kelley Blue Book retail value, MSRP, or purchase price, whichever is lowest. Vehicles meeting EPA Smartway Elite standards receive a 0.25% discount off stated APR. Discount does not apply to existing OnPoint auto loans or promotional rates.
  • 3New and Used Auto 84-month term requires $15,000 minimum loan amount. Used Auto 72 to 84-month terms available on model years 2012-2014 only.
  • 4Examples of Business Specialty Vehicles include delivery trucks, cargo vans, dump trucks, and motor coach buses. For auto model years 2007 and older, and Business Specialty Vehicle loans, maximum LTV is 80% unless otherwise noted. LTV is calculated using Kelley Blue Book retail value, NADA high value, MSRP, or purchase price, whichever is lowest. Alternative terms and additional conditions may apply when aggregate debt exceeds $50,000.
Table data for Small Business Lines of Credit and Term Loans
 Rates Effective: 06-18-2018
Available Terms Annual Percentage Rate Estimated Minimum Monthly Payment Alert Me
Small Business Line of Credit N/A 8.75% - 10.75% Variable Rate1 2% of outstanding balance or $25, whichever is greater
Small Business Term Loan Up to 60 Months 10.00% - 16.00% Fixed Rate2 $460.05 based on a 5-year, $20,000 loan at 13.50% APR
All loan and line of credit rates are determined by credit union management and are subject to change at any time. Rates assume a 0.50% discount for automatic payment from a qualifying OnPoint account. All services offered by the credit union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, credit union bylaws, and all regulations, rules and practices now or hereafter adopted by the credit union. All loans and lines of credit subject to credit approval. Rates are based on an evaluation of credit history and other factors specific to your loan and may be higher than the lowest rate published.
  • 1Small Business Line of Credit minimum $10,000 limit, not to exceed $25,000.
  • 2Maximum loan amount is $25,000.

Table data for Commercial Operating Lines of Credit, Term Loans and Real Estate
 Rates Effective 06-18-2018
Alert Me
Business Lines of Credit Get customized operating lines of credit designed just for your business. Please visit a branch to learn more.
Business Term Loans Our term loans are a great option for working capital needs and equipment acquisitions. Please visit a branch to learn more.
Commercial Real Estate Loans We offer competitive rates and terms for the purchase or refinance of commercial real estate. Please visit a branch to learn more.

Table data for Business Platinum Visa® with Rewards
 Rates Effective 06-18-2018
Alert Me
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for purchases 10.50%-21.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate.
APR for balance transfers 12.50% - 23.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate.
APR for cash advances 12.50% - 23.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate.
Penalty APR 3.0% above current Interest Rate - This APR may be applied when:
  • Your minimum monthly payment is more than 60 days late
  • You have more than one late payment in 12 months
  • You are in default of any other terms of the Agreement
How long will the Penalty apply? If your APR is increased for any of these reasons, the Penalty APR will apply until you make six consecutive minimum payments when due.
Other Card Terms
Grace period for repayment of purchase balance 25 days
Method of computing the balance for purchases Average daily balance method (including new purchases)
Fees
Annual fees $25 (for each card number issued)
Late payment fee $30 for balances > $1,000
$20 for balances $100-$1,000
$10 for balances < $100
Over-the-credit-limit fee $30
Foreign transaction fee Up to 1% of the U.S. dollar amount of the foreign transaction
Minimum payment 2% of outstanding balance or $10, whichever is greater