If you are interested in a loan, please contact Wendy or Brittany at (570) 825-9950. Loans are disbursed by pre-scheduled appointment in our Wilkes-Barre office, and in many cases you can leave with the check! Please note that rates are subject to change without prior notice.
Skip-A-Pay Form (Mail to: P.O. Box 1194, Wilkes-Barre, PA 18703)
Home Equity Loan Applications: Cover Sheet, Application (legal size paper)
Other Loans: Printable loan application (Return along with proof of income.)
Student Loan Partnership with Sallie Mae
Last updated: 10/2/2025
REGULAR LOAN RATES:
Signature Loans:
(limits based on income)
| 12 months & under | 6.9% |
| 13-24 months | 7.9% |
| 25-36 months | 8.5% |
| 37-48 months | 9.25% |
| 49-60 months | 10.25% |
Share Secured Loans:
100% Share Secured:
| 24 Months or Less | 2.25% |
| 25-36 Months | 2.75% |
| 37-48 Months | 3.25% |
| 49-60 Months | 3.5% |
| 61-72 Months | 3.75% |
| 73-78 Months | 3.99% |
| 79-84 Months | 4.25% (loans $35,000 and up) |
| 85-108 Months | 4.50% (loans $50,000 and up) |
| 109-120 Months | 4.75% (loans $50,000 and up) |
| 121-144 Months | 4.99% (loans $50,000 and up) |
Share secured loans of $25,000 or more may be share secured home equity loans if desired. Deed copy and title search will be required. A $100 processing fee will be required for a share secured home equity loan.
50% Share Secured:
| 24 Months & Under | 4.75% |
| 25-36 Months | 5.5% |
| 37-48 Months | 5.99% |
| 49-60 Months | 6.99% |
Vehicle Loans:
2026, 2025 (with mileage under 20,000)
Maximum loan:
Credit score under 650: 95% of vehicle selling price before manufacturer rebates (new) or 95% of NADA retail value (used)
Credit score 650-699: 100% of vehicle selling price before manufacturer rebates (new) or 95% of NADA retail value (used)
Credit score 700+: 100% of total out-the-door price (new) or 100% of NADA retail value (used)
| 24 Months & Under | 4.50% |
| 36 Months | 4.75% |
| 48 Months | 5.00% |
| 60 Months | 5.25% |
| 72 Months | 5.50% |
| 78 Months | 5.75% |
| 84 Months | 6.25% |
2025 (mileage above 20,000), 2024, 2023
Maximum loan:
Credit score under 700: 95% of NADA retail value
Credit score 700+: 100% of NADA retail value
| 24 Months & Under | 4.75% |
| 36 Months | 5.00% |
| 48 Months | 5.25% |
| 60 Months | 5.50% |
| 72 Months | 5.75% |
2022, 2021, 2020
Maximum loan of 90% NADA retail value
| 24 Months & Under | 5.25% |
| 36 Months | 5.50% |
| 48 Months | 5.75% |
| 60 Months (2022 only) | 6.25% |
2019, 2018, 2017
Vehicle must have book value of at least $7,000 to qualify.
Maximum loan of 85% NADA retail value.
| 24 Months & Under | 5.75% |
| 36 Months | 6.50% |
| 48 Months (2019 only) | 7.50% |
2016, 2015
Vehicle must have book value of at least $6,000 and 30 day warranty or guarantee to qualify.
Mileage must not exceed 125,000.
Maximum loan of 85% NADA retail value.
| 24 Months & Under | 6.99% |
| 25-36 Months | 7.99% |
Home Equity Loans:
Minimum loan $15,000
| TERM | 1ST POSITION | 2ND POSITION |
| 60 Months & Under | 4.75% | 4.99% |
| 72 Months | 4.99% | 5.25% |
| 84-108 Months | 5.50% | 5.75% |
| 120 Months | 5.75% | 5.99% |
| 132-144 Months | 5.99% | 6.25% |
| 156-180 Months | 6.50% | 6.75% |
Home Equity loan application fees will apply based on whether an appraisal is needed, the type of appraisal needed, and whether a “rush” is necessary.
No fees will apply for balloon rewrites where no new money is being loaned.
If new money is taken at the time of balloon refinance, an application fee will be charged if a new appraisal is required. There are no closing costs.
Existing Balloon Loans:
For our members with existing balloon loans currently in process, lower rates will apply if you are refinancing without taking additional funds.
APR = Annual Percentage Rate
POLICIES AND FINE PRINT:
Applicants must leave at least 10% of the loan balance on deposit in regular shares up to a maximum of $200.00.
Signature Loans:
Signature loan limits are subject to your income level. A co-maker may be required. Proof of income is required. Overtime or non-regular income is not counted.
Vehicle Loans:
Gap insurance is required when borrowing more than 70%. This is a one-time charge of $300 which may be added into the loan amount.
“R” (reconstructed) or water/flooded title vehicles must be no more than 3 years old and the maximum loan will be 50% of NADA retail value. No salvage title vehicles are acceptable. Classic cars will be considered on a case-by-case basis.
Vehicles must be titled (or are expected to be titled) in Pennsylvania by the borrower(s).
Home Equity Loans:
The Credit Union must be the first OR second mortgagee for all home equity loans. You may wish to pay off an existing mortgage or mortgages to consolidate payment or lower your interest rate.
Wyoming Valley Educational Employees Federal Credit Union 