Loans for Every Need

Arcade Credit Unions goal is to provide low-cost, affordable loans to our members. Our monthly payments and rates are very competitive.

All loans can have member elect Disability and life insurance at affordable prices.

Personal Loans – this unsecured loan can be used for any purpose such as a vacation, home repairs, bill consolidation, taxes, etc….

New and Used Vehicle Loans – Up to 100% financing on new cars and up to retail value on used cars. We have a variety of competitive terms and rates.

Home Equity Loans

Open End Variable Rate Line of Credit – You can have the convenience of an open-end line of credit for whenever you need it. Repayment/payment example – $20,000.00 with 180 payments of $194.13.

Closed End Fixed Rate Loan – You borrow one set amount and get a guarantee that your rate will not change during the term of your loan. Repayment/payment example – $30,000.00 with 180 payments of $313.45.

These loans are great for home improvements, bill consolidation, educational expense, etc…. Home Equity Loans may be tax deductible. Consult with your tax advisor.

There is a fee to record a deed and a flood determination.

HOME MORTGAGE DISCLOSURE ACT NOTICE

The HMDS data about our residential mortgage lending is available for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, and income of applicants and borrowers; and information about loan approvals and denials. Inquire at the office regarding the locations where HMDA date may be inspected.

To receive a copy of this data send a written request to:

Arcade Credit Union, 151 Patton Ave. Suite 280, Asheville, NC 28801.

Recreational Vehicle Loans – Types of recreational vehicles include campers, motor homes, boats and jet skis. This rate is different from the car rate.

Share Secured Loans – If you do not want to use your own money for a loan, then let your money work for you. You can keep your money in your account and use it as collateral for a loan. These loans are guaranteed approval and are the lowest rate loan we have.