Town of Hempstead Employees Federal Credit Union

Loan Rates

Rates & Fees Effective DateMarch 1, 2024

Rates are subject to change without notice.

Loan Products

Loan ProductTermLoan Amount Rate
Line of Credit15.75%
Overdraft Line of Credit12.75%
Visa Classic1.99% Six Month intro rate
Visa Gold1.99% Six Month Intro rate
Signature Loan Unsecured14.99%
Bill Consolidation Loan84 Months$30,000.009.90%
Savings Secured Savings Rate + 3.00%
Certificate Secured Certificate Rate + 3.00%
Seasonal Special up to 36 monthsup to $5,000.009.90%
New Auto
2022-2023
up to 60 monthsas low as*5.69%
New Auto
2022-2023
72 monthsas low as*6.69%
New Auto
2022-2023
84 monthsas low as*7.04%
New Auto
2022-2023
96 months
$50,000 & up
as low as*7.64%
Used Auto
2019-2022
up to 60 monthsas low as*6.19%
Used Auto
2019-2022
72 months
$35,000 & up
as low as*6.99%
Used Auto
2016-2018
up to 60 monthsas low as*7.29%
Used Auto
2015-Older
Up to 60 monthsas low as*10.99%
New Boat/New RV60 monthsas low as*5.29%
New Boat/New RV120 monthsas low as*5.79%
New Boat/New RV180 monthsas low as*6.29%
Used Boat/Used RV60 monthsas low as*6.49%
Used Boat/Used RV120 monthsas low as*7.29%
Used Boat/Used RV180 monthsas low as*7.49%
Different rates/terms may apply for applicants that do not qualify for the above rates.

Real Estate Loans

ProductTermRate
Fixed Mortgage30 years6.625%
Fixed Mortgage20 years6.500%
Fixed Mortgage15 years6.250%
Fixed Mortgage10 years6.125%
Fixed Home Equity20 years7.500%
Fixed Home Equity15 years7.250%
Fixed Home Equity10 years6.750%
Fixed Home Equity5 years6.500%
Home Equity Line of Credit5.790% for 18 months, then prime for life of the loan