Business Rates

Business Auto Loans

  •  Rates Effective 06-29-2017
Available Terms Annual Percentage Rate (Fixed)1 Estimated Minimum Monthly Payment Alert Me
New Auto (2014 - 2017)2 36 - 84 months3 2.19% - 6.69% $227.17 based on a 6-year, $15,000 loan at 2.89% APR
Used Auto (2007 - 2013)2 36 - 84 months3 2.64% - 6.34% $229.18 based on a 6-year, $15,000 loan at 3.19% 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.
  • 2New and used auto loan rates available on passenger-type vehicles only. For new/used auto model years 2007 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 2011-2013 only.
  • 4Examples of Business Specialty Vehicles include delivery trucks, cargo vans, dump trucks, and motor coach buses. For auto model years 2006 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.

Business Operating Lines of Credit, Term Loans and Commercial Real Estate

  •  Rates Effective 06-29-2017
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.

Business Platinum Visa® with Rewards

  •  Rates Effective 06-29-2017
Alert Me
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for purchases 8.00%-10.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate. The APR will be based on an index plus a margin of 4% to 6% with a minimum APR of 8%. The index value plus the margin will equal the APR.
APR for balance transfers 10.00% - 12.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate.
APR for cash advances 10.00% - 12.00% depending on your credit worthiness. This APR will vary with the market based on the Prime Rate.
Penalty APR 17.9%. See explanation below.1
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
  • 1APR may increase if you are in default of any provision of the OnPoint Business Credit Card Agreement or if you have more than one late payment in any 12-month period. We reserve the right to change the account terms, including APRs, at anytime for any reason.