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Consumer Loans

For years, the Credit Union has offered the most comprehensive consumer lending department anywhere! It is the mission of the Credit Union to offer the lowest interest rates possible. Whatever your financing need is, the Credit Union also offers the most competitive terms, and convenient, fast, and friendly service anywhere.

 

Applying is easy! You can apply online, request a faxed loan application, request an E-mail loan application, stop into one of the Credit Union offices or service centers, or simply call one of our loan specialists. In most cases, the Credit Union can approve and close your loan the very same day you apply.

 

The Credit Union offers the following types of consumer loans:

  • New and Used Auto
  • 1st Time Buyer Auto Loans (discounted interest rates)
  • Boats, Motor homes, Travel Trailers, Campers, Tent Trailers, and Horse trailers
  • Motorcycles, ATV's, Snowmobiles, and Personal Watercraft
  • New Computers
  • Farm Equipment
  • Share (savings) Secured
  • Stock Secured
  • Personal

Online Auto Purchasing

 

Utah Power Credit Union is not responsible for content, availability, or the security of externally linked web sites. The privacy policies of these sites may differ from the Credit Union's privacy policy.

 

Home Equity Loans

The Credit union is sure to have just the right home equity loan or line of credit for you. We offer extremely low interest rates, flexible terms and no closing costs! All loans feature a 5-year open line of credit that allows you to make advances as needed. During this draw period, only interest is due. All loans offer up to a 10-year principal and interest repayment period.

  • Variable/100%
    This program allows you to borrow up to 100% of the value of your home. The interest rate is prime + .50%. The interest rate is variable and fluctuates for the duration of the repayment.
  • Variable/under 85%
    This program allows you to borrow up to 85% of the value of your home. The interest rate is prime - 1.5%. The interest rate is variable and fluctuates for the duration of the repayment.
  • Fixed/under 85%
    This program allows you to borrow up to 85% of the value of your home. The interest rate is variable during the 5-year open line of credit (or sooner should you wish to close the line of credit) and then becomes a fixed rate loan equal to prime - 1.0%.

Home Equity Loans have a floor interest rate of 6.00% (the lowest the rate will ever be) and a ceiling interest rate of 18.00% (the highest the rate will ever be).


Real estate rates are quoted daily. For current real estate rates please call a real estate loan specialist at (801) 708-8900 opt. 2.

Mortgage Loans

The Credit Union’s real estate lending department can assist you with all types of real estate loans. The Credit Union has just the right options for your needs including 1st mortgages, home equity loans, unimproved property loans, and 1st time home buyer loans.

 

Utah Power Credit Union has maintained a philosophy of providing the most comprehensive services to its members while maintaining the most competitive rates, terms and fees as possible. The Credit Union will not mark up interest rates or charge excessive fees like other real estate lenders. The Credit Union's real estate programs are the most competitive in the industry. The Credit Union can process your home purchase or refinance with up to a 30-year term.

 

In addition to processing traditional mortgage loans, the Credit Union also offers a 1st time home buyer loan, which allows first time home buyers to finance the purchase of their new home without mortgage insurance. Expect the highest quality of service, low interest rates, and low fees on all Credit Union mortgage loans, including 1st time home buyer loans!


Real estate rates are quoted daily. For current real estate rates please call a real estate loan specialist at (801) 708-8900 opt. 2.

VISA Credit Cards

VISA is the most universally accepted credit card in the world. Even if you don't maintain a monthly balance on a credit card, it is nearly impossible to live in our world today without one. The Credit Union developed its credit card program with you in mind. Whether you choose the VISA Classic Credit Card, or the exclusive VISA Platinum, you will find the Credit Union's rates, fees and credit lines to be the most competitive anywhere.

VISA Classic

With the VISA Classic credit card, you may have a credit line as little as $100.00 and as much as $5000.00. The interest rate is 11.90%. There is no annual fee or any other type of service fee associated with this card.

VISA Platinum

The VISA Platinum card was designed for those who have attained a high level of credit worthiness and should be distinguished as such. Credit lines on VISA Platinum cards start at $5000.00, and offer an incredibly low interest rate of 9.9%.

 

All VISA Cardholders are eligible to participate in the Extra Awards program. Earn points every time you use your VISA Card. Points can be redeemed for travel rebates, airline tickets, hotel rooms, merchandise and much, much more! Click on any Extra Awards link to learn more.


Rates subject to change at any time without notice.