COVID-19 Update - April 2, 2020 - For the safety of our members, staff and the public, HCU will temporarily be closing our West Springfield Branch as of Mon. April 6, 2020. ATMs in West Springfield will remain functional. HCU will temporarily be reducing the hours in the Holyoke and Feeding Hills branches. They will be open Mon.-Fri.: 10am-3pm and Sat. 9am-12pm. Mobile banking, online banking and HCU's Member Solutions Call Center will continue to be available. For more complete information please see the News article "Important Message to Our Members" below.

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.