LOANS

Rely on the "People You Know" at Dawson Co-op Credit Union for great service and competitive loan rates to help you achieve your goals.

If you're looking for a new car or truck, we've got your loan and a local dealer has your vehicle. It's the people you know combination.

You make your own decisions. So do we. When you apply for a loan with us we don't have to consult someone from out-of-town to give you an answer. Contact a loan officer for details.

PRE-APP FORM Click here to fill out our Pre App form.

RATES

VISA® Credit Card Stay in control of your finances. Get the flexibility to make purchases when you need to without funds being immediately deducted from your checking account. Receive a rate as low as 9.90% APR* along with a spending limit that reflects your credit history. Learn more

Agricultural Agriculture is one of the main sources of income in the area. Dawson Co-op Credit Union offers crop operating, livestock operating, machinery and many other types of agricultural loans. An agricultural loan officer is available to assist you with all of your agricultural needs. Contact Bruce at the Dawson Branch or Eric at the Renville Branch.

Auto Loans New or Used vehicle loans are available. 12 to 72 month terms available based on NADA Book Value. Rate discounts may apply. Contact a loan officer for details. Visit the official NADA website here.

Overdraft Protection Overdraft Protection or Line of Credit is a revolving line of credit that can be linked to your checking account. The line of credit advances in increments of $100.00 should your checking become overdrawn and can be used at any time until your credit limit has been reached. The monthly payment is automatically deducted from your checking account if a balance is due. Contact a loan officer for details.

Personal Personal loans are offered either as secured or unsecured. Repayment term can vary based on loan type or collateral condition. Contact a loan officer for details.

Recreational Recreational loans are available for motorcycles, RV's, boats, snowmobiles, lawn mowers, vacations, and other consumer products. Repayment terms are consistent with collateral and loan amount. Contact a loan officer for details.

Real Estate Primary residence real estate loans are based on an amortization of no more than 20 years with a balloon payment due in 3 years. Loan amount can not exceed 80% of the appraised value. Contact a loan officer for details.

Share Secured Share secured loans use a members savings account or a certificate of deposit as collateral. The loan rate is 2.00% above the annual percentage yield (APY) that is being earned on the savings or certificate of deposit. Contact a loan officer for details.

Student Loans
SallieMae^® Smart Option Student Loan. Up to 100% of school expenses covered. Saves you money, builds your credit and helps pay off your student loan faster. Click here to learn more.

Minnesota Housing Finance Agency www.mhfa.state.mn.us can help. It is the state's trusted affordable housing lender. Home improvement programs provide affordable interest rate loans to eligible homeowners.

Rates effective as of October 18, 2011 and are subject to change without notice.

LOAN TYPE	ANNUAL PERCENTAGE RATE
Agriculture	Contact Ag Loan Officer
Commercial	Fixed rate as low as 6.00% APR* - 5 year term
Line of Credit/ Overdraft Protection	Fixed rate 18.00% APR*
New Cars, Pickups	Fixed rates as low as 4.50% APR* for purchases
Personal Secured	Fixed rates range from 7.00% to 11.50% APR*
Personal Unsecured	Fixed rates range from 8.00% to 13.50 % APR*
Real Estate	Fixed rate as low as 5.50% APR* - 3 year balloon, maximum 20 years
Recreational	Fixed rates as low as 5.50% APR* for purchases
Share/Certificate Secured	2.00% above the current APY**of the share/certificate dividend rate
Used Cars, Pickups	Fixed rates as low as 5.00% APR* for purchases
VISA Credit Card	9.90% APR*

*APR = Annual Percentage Rate

**APY = Annual Percentage Yield
Rates and terms may vary.
Initial rates and credit approval are based on an evaluation of applicants payment and credit history.