New and Used Auto, Truck, Motorcycle, 4 Wheelers 

Grades are a combination of FICO score and other conditions. A>740; B = 739-660; C = 659-580; D = 579-530; E = 529-0

Grade 6 - 24 months 25 - 42 months 48 - 59 months 60 - 66 months 72 - 84 months
A 4.49%* 4.99%* 5.49%* 5.99%* 6.49 - 6.99%*
B 7.49%* 7.74%* 8.49%* 8.99%* 9.49 - 9.99%*
C 9.99%* 10.99%* 11.99%* 12.99%* 13.99 - 15.99%*
D 15.99%* 16.99%* 17.74* 17.99* N/A

RV, Motor Homes, Campers, Boats

Financing of credit union products such as GAP, warranty, credit and/or disability may cause loan to go over max allowable for all A & B grades.

Grade/Months 6 - 24 25 - 36 37 - 48 49 - 60 61 - 72
A 5.99%* 6.49%* 6.99%* 7.49%* 8.49%*
B 8.99%* 9.49%* 9.99%* 10.49%* 11.49%*
C 11.99%* 12.49%* 12.99%* 13.99%* 14.99%*
D 15.49%* 16.99%* 17.49%* N/A N/A

Unsecured/Signature Loans

All loans except Mortgage, Home Equity, and credit card are eligible for loyalty or usage discounts.

Grade/Months 6 - 24 25 - 36 37 - 48 49 - 60
A 7.99%* 8.99%* 9.99%* 10.99%*
B 11.99%* 12.99%* 13.99%* 14.99%
C 15.99%* 16.99%* 17.99%* N/A
D 17.99%* 17.99%* N/A N/A

Other Loans

All loans (except for Mortgages, Home Equity Lines of Credit and VISA Credit Card) are eligible for loyalty or usage discounts (see our Loan Discount page for more information). No loan rate can go below 2.99% the Floor rate is Wall Street Prime [currently set at 5.00%] if not set by BOD. All E loans and Credit Rebuilder Loans have an interest rate of 18% (APR*).

Loan Type Loan Rate Loan Details
CREDIT CARD VISA Wall StreetPrime Rate + 7% = 12.25% NO ANNUAL FEE
HOME EQUITY* Wall Street Prime Min. 4.50% to a Max. of 14.00%
MORTGAGE See Mortgage Rate Sheet  
UNIMPROVED PROPERTY As low as 6.00% 10 YEARS                    12 YEARS
SMALL AMOUNT /SHORT TERM 28%
$20.00 loan fee

1% Interest Rate Discount for Direct Deposit
1% Interest Rate Discount for Auto-Pay

*APR = Annual Percentage Rate


Loan Discount Opportunities

why pay more? get discounts at first NRV!

Direct Deposit

  • Have your direct deposit sent to First NRV Credit Union to become eligible for a 0.25% interest rate discount on all applicable loans.

  • In order to setup your direct deposit, you will need to gather your routing & account information from First NRV Credit Union after opening your account(s), and then provide this information to your employer.

Automatic Distribution (Automatic Payments)

  • Do you have trouble remembering to make your loan payments? Then automatic distribution may be the answer for you

  • Setup an "Auto Pay" for your monthly payments with First NRV Credit Union to become eligible for an additional 0.25% discount on the interest rate


Loan Coverage Options

WHEN YOU NEED IT MOST, We’ve got you covered.

Credit Life & Disability for First NRV members

First NRV Credit Union offers its members the chance to opt in/out for Credit Life & Disability Insurance.
This optional service is offered on various types of loans on offer at First NRV. This is done to help add an extra layer of security for our members in the event of a death or a serious injury. 

Guaranteed Asset Protection (GAP)

For a low, flat rate you can get coverage for up to 125% of the car, RV, boat, or motorcycle's value! This offers you guaranteed protection for your assets and help you to not worry about the "what-if" scenarios in life!

  • Motor vehicles - $295.00 for GAP coverage

  • PowerSport/Motorcycles - $295.00 for GAP coverage

  • RV/Motor Homes - $395.00 for GAP coverage

  • Watercraft/Boat - $395.00 for GAP coverage

Mechanical Repair Coverage

Available on both new and used cars. Platinum, Silver, and Gold plans. Easiest way to avoid expensive repair bills and our policies are cheaper than dealers coverage. For more details on our mechanical repair coverage, please contact First NRV Credit Union.