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Loan Rates

Consumer Loan Rates

Consumer Unsecured Loans and Lines of Credit | Effective Date: April 1, 2019
Loan Type % Above Index Minimum Loan Amount Maximum Loan Amount APR*
ValueChoice**
6.25% - 11.75% $500 $25,000 11.75% - 16.75%***
Loan Type (Fixed Rate) Term Minimum Loan Amount Maximum Loan Amount APR*
Personal Loan
Up to 60 months $1,000 $25,000 14.00% - 19.00%***
Money Manager
12 - 24 months $1,000 $25,000 12.25% - 17.25%***
Money Manager
25 - 48 months $1,000 $25,000 13.25% - 18.25%***
Solar Loan 120 months   $15,000 6.00%***
Solar Loan 180 months   $20,000 6.25%***
Solar Loan 240 months   $25,000 6.50%***

Prime Rate Loan Index: 5.50%

Fee Schedule

* APR = Annual Percentage Rate

** An established Line of Credit. ValueChoice rate tied to Prime Rate Loan Index. Maximum annual percentage rate not to exceed 21.00%

*** Rate based on credit worthiness

Auto Loan Rates

Consumer Auto Loans | Effective Date: April 1, 2019
Terms for Fixed Auto Loans New Auto Loans (APR* as low as) Used Auto Loans (APR* as low as)
01 - 24 Months
2.99%*** 3.24%***
25 - 36 Months
3.24%*** 3.49%***
37 - 48 Months
3.74%*** 3.99%***
49 - 60 Months
3.99%*** 4.24%***
61 - 72 Months
4.49%*** 4.74%***
73 - 84 Months
4.74%*** 4.99%***
85 - 96 Months**
5.74%*** N/A

We also offer a special Eco-Auto Loan rate for qualified cars, call 877-637-4937 to learn more!1


Fee Schedule

Minimum Loan Amount: $5,000.

* APR = Annual Percentage Rate

** 73 month financing available for loans exceeding $15,000. 84 month financing available for loans exceeding $20,000. 96 month financing available for loans exceeding $25,000.

*** Rates, terms and conditions of loan will be based on individual credit worthiness. No further rate discounts apply. Current rates reflect promotional rate.

1: The Meriwest Eco-Auto Loan is available for the purchase of new vehicles on the California Department of Motor Vehicles’ Official List of Qualifying Vehicles for Clean Air Vehicle Decals which can be found here: https://www.arb.ca.gov/msprog/carpool/carpool.htm. Vehicle must be new (current year) or newer with less than 1,000 miles. Offer only valid for AA or A Tier borrowers.
Rate effective as of January 2, 2019, see our New Auto 37-48 month rate. Loan amounts of at least $30,000 to qualify for advertised rate. Loan amounts less than $30,000 will receive a 0.25% higher rate. Fixed rate over your choice of term of 48, 60, 72 or 84 months only. Rates, terms and conditions of the loan will be based on individual credit worthiness. Individual payments may vary depending upon rate, amount and term. For example: Monthly payment of $679.41 based on a $30,000 loan amount for 48 months at 3.99% APR. Offer subject to change or end without notice. Other restrictions apply. Please contact the credit union for more details. Membership is required with a one-time non-refundable $5 fee.

Home Equity Line of Credit

Equity Merit - Home Equity Line of Credit (Variable Rate) | Effective Date: April 1, 2019
Loan Amount Maximum Loan to Value Margin APR*, Maximum APR*
Up to $250,000
80.00% 0.25% 5.75% 18.00%
Up to $200,000
90.00% 1.99% 7.49% 18.00%
Alternate Program (Variable Rate) | April 1, 2019
Loan Amount Maximum Loan to Value Margin APR*, Maximum APR*
$150,000 Maximum line
60.00% 2.50% 8.00% 18.00%
$50,000 Maximum line
60.00% 5.00% 10.50% 18.00%

Prime Rate Loan Index: 5.50%

Fee Schedule

Minimum Line Amount = $10,000

*APR = Annual Percentage Rate

Rate discount of 0.25% for automatic payment transfer available. Discount DOES NOT apply on any promotional rates offered.

"Interest Only" Payment Option Available (Loan to value up to 80% only)

No Third Party Fees. Up to $250,000

$500 origination cost is deferred until the 3rd anniversary date after the accounts is opened and is waived if the account remains open after that date.

Other options may be available, call 1-877-MERIWEST for details

Terms and Conditions (PDF)



Equity Merit Jumbo (Variable Rate) | April 1, 2019
Loan Amount Maximum Loan to Value Margin APR*, Maximum APR*
$750,001- $1,000,000
50.00% 0.75% 6.25% 18.00%
$500,001- $750,000 60.00% 0.75% 6.25% 18.00%
$250,001- $500,000 70.00% 0.75% 6.25% 18.00%

Prime Rate Loan Index: 5.50%

*APR = Annual Percentage Rate

Rate discount of 0.25% for automatic payment transfer available. Discount DOES NOT apply on any promotional rates offered.

"Interest Only" Payment Option Available

No third party fees

$1,500 origination cost is deferred until the 3rd anniversary date after the accounts is opened and is waived if the account remains open after that date.

Secured by Second Deed of Trust


Terms and Conditions (PDF)

Home Equity Loans

Meriwest Community Advantage - Home Equity Loan (Fixed Rate) | Effective Date: April 1, 2019
Loan Type Term Maximum Loan to Value APR* Monthly Payment**
Up to $250,000
10 years 80.00% 5.24% $107.23
Up to $250,000
15 years 80.00% 5.74% $82.98
Up to $250,000
20 years 80.00% 6.24% $73.03

Fee Schedule

Properties located in Special Flood Hazard Area (SFHA) as identified by Federal Emergency Management Agency (FEMA) do not qualify for this loan

Minimum $10,000 Loan Amount


Secured by second deed of trust only (cannot be 1st lien.)

* APR = Annual Percentage Rate

** Monthly payment per $10,000 borrowed. The payments listed are for informational purpose only. The actual payments are based on the amount borrowed, loan term and rate. Other options may be available, call 1-877-MERIWEST for details