Our Rates

We’re dedicated to giving our members the best interest rates possible – for both savings and loans. Did you know that since credit unions are member-owned, we’re able to offer better rates, on average, compared to banks?

Take a look at our rates below and you’ll soon discover why Wayne Westland Federal Credit Union is the right place to finance your home and invest or save your hard-earned money.

Loan Rates

ALL RATES EFFECTIVE 11/8/2022

Current Loan Rates

Loan Rates As Low As

Type	Interest Rate
New/Refinanced Auto Loans 2022-2023	as low as 3.25% APR
Used Auto Loans 2017-2021	as low as 4.00% APR
Used Auto Loans 2016 and older	as low as 4.75% APR
Visa Rewards Preferred	11.50% VAR
Visa Rewards Plus	12.75% VAR
Visa Rewards	14.75% VAR
Visa One	16.95% APR
Share Pledged	1.50% APR
Signature Loan	as low as 9.75% APR
Revolving Loan	11.90% APR
Overdraft Loan	11.90% APR

For Rates on Home Equity Loans
call us at 734-721-5700 EXT 3011
For mortgage rates, please visit: Mortgage Center Opens a New Window.

Rates based on qualified credit
Rates based on your credit score
Rates are subject to change
APR = Annual Percentage Rate VPR = Variable Percentage Rate

Recreational and Motorsport Loan Rates

Boats, Travel trailers, 5th Wheels, Motorhomes, Motorcycles, Snowmobiles, ATVs, Jet Skis
New All Rates are listed as APR (Annual Percentage Rate)

Year	Terms	A+ A As low as	B	C	D	Loan Amount
2022-2023		690+	660-689	640-659	600-639
	Based on final finance amount	5.00%	6.25%	7.00%	10.75%	<$5,000.00
	Up to 60 mos	5.00%	6.25%	7.00%	10.75%	$5,000-$10,000
	Up to 72 mos	5.50%	6.75%	7.50%	11.75%	$10,000-$20,000
	Up to 84 mos	6.50%	7.25%	8.25%	12.00%	$20,000-$30,000
	Up to 144 mos	7.00%	7.50%	9.00%	12.50%	$30,000-$40,000
	Up to 180 mos	7.25%	7.75%	9.25%	13.00%	$40,000 plus

Dividend Rates

Share ID	Description	Rate	APYE
00	Savings	0.05%	0.05%
30	Money Market 2500+	0.30%	0.30%
33	Premier Investment 25,000+	0.40%	0.40%
35	Capital Cash 50,000+	0.50%	0.50%
56	Vacation Club	0.05%	0.05%
59	Christmas Club	0.08%	0.08%
7	Youth Account	0.25%	0.25%
10	Checking	0.00%	0.00%

Certificates

Share ID	Description	Rate	APYE
70	3 Months	0.35%	0.35%
71	6 Months	0.40%	0.40%
72	9 Months	0.45%	0.45%
73	12 Months	0.55%	0.55%
78/79	15 Months	0.65%	0.65%
74	24 Months	0.75%	0.75%
75	36 Months	0.85%	0.85%
76	48 Months	0.95%	0.95%
77	60 Months	1.00%	1.00%

APYE = Annual Percentage Yield Earned

IRA Rates

Roth ID	Traditional ID	Description	Rate	APYE
82	92	6 Months	0.40%	0.40%
83	93	12 Months	0.55%	0.55%
88	98	15 Months	0.65%	0.65%
84	94	24 Months	0.75%	0.75%
85	95	36 Months	0.85%	0.85%
86	96	48 Months	0.95%	0.95%
87	97	60 Months	1.00%	1.00%
80	90/91	IRA Variable - 18 Months	0.65%	0.65%

APYE = Annual Percentage Yield Earned

**NCUA - Consumer Share Insurance Information**

Loan Calculator

Loan Amount This is the loan amount.
Rate This is the interest rate (e.g. 5.9 for 5.9%)	%
Years This is the number of years for the loan.

*Calculations are estimates and do not guarantee credit.

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Member Service: (734) 721-5700