COVID-19 Update - 06/25/20 - WE'RE REOPENING OUR LOBBY! - As of Mon, June 29, 2020, HCU will be reopening the Holyoke and Feeding Hills lobbies to limited traffic (Holyoke - 5 members & Feeding Hills - 3 members at any time). Masks will be required and social distancing will be practiced. HCU's hours will remain the same, M - F 9am - 4pm, Sat. 9am - 12pm. The West Springfield branch will remain closed until further notice. If you wish to meet with a Member Service Representative, please call for an appointment. For Holyoke, call Sharon Carter at 413-341-0133. For Feeding Hills, call either Marjorie Letasz or Beth Cook at 413-278-6840. We thank you for your understanding while we implement this "new normal"!

Consumer Loan Rates

Auto Loans

Rates Effective: 01/01/2020

Model Year Term Annual Percentage Rate (APR) Loan to Value (LTV)* Payment per $1000 Borrowed
2020-2018 24-63 Months
64-75 Months
76-84* Months
3.99%
4.69%
4.99%
100% of Retail of NADA Book Value $17.63
$15.41
$14.14
2017-2013 24-63 Months
64-75 Months
76-84* Months
4.64%
5.29%
5.49%
100% of Retail of NADA Book Value

$17.92
$15.69
$14.37

2012-2011 24-63 Months 5.59% 100% of Retail of NADA Book Value $18.36
Rates are subject to change without notice. #1-3.
  1. Maximum loan amount is $80,000.00.
  2. Your actual rate may be different than the advertised rate based upon your credit score.
  3. Required lender's single Interest insurance fee on all vehicle loans. 
    Fee is $85.00. 
    *Up to 125% LTV available.  
  4. Holyoke Credit Union’s lending criteria for auto loans is as follows:
    • The vehicle should be 9 years old or newer
    • The vehicle should have 85,000 miles or fewer
  5. Monthly minimum payment of $50.00. 
  6. Payment per $1,000 borrowed based on highest number of months in term. 


Motorcycle Loans

Rates Effective: 01/01/2020

Model Year Term Annual Percentage Rate (APR) Loan to Value (LTV) Payment per $1000 Borrowed
2020-2015 Up to 60 Months 4.59% 100% of Retail of NADA Book Value $18.69
2020-2015 61-72 Months 4.99% 100% of Retail of NADA Book Value $16.10
2014-2012 Up to 60 Months 4.99% 100% of Retail of NADA Book Value $18.87
Rates are subject to change without notice.
  1. 12- to 60-Month Financing: Minimum loan amount is $2,500 
    61- to 72-Month Financing: Minimum loan amount is $15,000
  2. Your actual rate may be different than the advertised rate based upon your credit score.


Lifestyle Loans

Rates Effective: 01/01/2020

Term Annual Percentage Rate (APR) Payments per $1,000 Borrowed
Up to 36 Months 5.49% $30.19
Rates are subject to change without notice.
  1.  Advertised rate includes a 1.75% rate reduction for monthly loan payments automatically deducted from your Holyoke Credit Union Checking Account. (Account must be established for 12 months.)
  2. Advertised rate includes a 2.00% rate reduction for monthly loan payments automatically deducted from your Holyoke Credit Union Checking Account for Bank at Work participants.
  3. Your actual rate may be different than the advertised rate based upon your credit score.
  4. Monthly minimum payment of $50.00.