Rates

Effective as of 5/1/2024

Loan Rates

Vehicles, motorcycles, recreational vehicles, boats, & campers

2011 & newer collateral financed up to 100% of an average of JD Power clean and average trade-in values
2010 and older finance 90% of an average of JD Power clean and average trade-in values. Rates are the same as the rates below listed for newer loans

Real estate loans

2nd Mortgages are only available for 5 and 10 year terms

If you are requesting a mortgage loan with Public Service Credit Union, you can use the button below to look up information regarding the employees of Public Service Credit Union.

Public Service Credit Union NMLS# 442120
Bonnie Grayson - VP, Operations & Lending NMLS# 2317471
Kyle Turner - Interim President NMLS# 2485753

Personal loans

A secured personal loan is available for collateral that is not a vehicle or real estate. The collateral must have a valid appraisal and is subject to approval by the loan officer and credit committee.

Signature loans

A signature loan is a fixed-term unsecured loan meaning you do not have collateral securing the loan. This loan is subject to credit approval up to a limit of $2,500.00. Any member who has an active Kwik Cash line of credit is ineligible to receive a signature loan.

Kwik Cash Line of Credit

A Kwik Cash line of credit is a revolving, unsecured line of credit similar to a credit card. There is a minimum payment dependent on the balance on the account. If there is a $0 balance, then there is no minimum payment. This line of credit is subject to credit approval up to a limit of $2,500.00. Any member who has an active signature loan is ineligible to open a Kwik Cash line of credit.

Share Secured Loan

A share secured loan lets you borrow money using your savings account balance as collateral against the loan. We “freeze” the amount that you borrow for the loan, but the money will continue to earn dividends in your shares savings account. As you pay back the loan, the “frozen” funds become available for you to use or withdraw. There is no credit check, and the only limit is the balance of your savings account. Payments for this loan, like all loans at Public Service Credit Union, are reported to the credit bureau, So this is a great way to build credit history in a cost effective way!

Share Rates

The share and IRA rates appearing below are accurate as of the last dividend declaration date. If you have any questions or require current rate information on your accounts, please call the credit union at (715) 842-9865 or email info@pscu-wausau.org

The advertised APY with a minimum deposit assumes dividends remain on deposit until maturity. Public Service Credit Union will terminate the account and impose a penalty if a withdrawal of principal is made prior to the Maturity Date. Early withdrawal penalties apply and are disclosed in the original Share Certificate. Certificates will rollover at maturity into a like term at the then prevailing dividend rate. Membership eligibility is required. Membership requires a minimum balance of $25 in a Public Service Credit Union Shares Account. Insured by NCUA.

What is the difference between the rate and APY (Annual Percentage Yield)?

The APY can be very confusing but is a very useful tool in knowing exactly what the return on your deposit will be, especially when shopping around with different financials. Some banks and credit unions will pay your interest or dividends monthly, once a quarter, or even just twice a year, The less frequently that interest or dividends is paid to your account, the less compounding will affect your account (where your earned interest or dividends begin earning even more interest or dividends). The APY is calculated based on the rate AND the compounding interest. So make sure that you get the biggest return on your money and look for high APYs with Public Service Credit Union!