RATES to
Help You
Succeed

Our latest rates for loans

and lines of credit
Business rates hero image
 

Business Savings Rates

 

Business Money Market Rates

 

Short Term Business Certificates With Active Checking

 

Long Term Business Certificates With Active Checking

 

Short Term Standard Business Certificates

 

Long Term Standard Business Certificates

 

Business Visa Credit Card Rates

Learn More about Business Visa cards  Apply Now
Business Visa
Loan Product Business Plus Visa
Credit Limit $5,000 to $50,000
Interest Rate Variable Interest*
Prime + 4.00% to Prime + 8.00%
Grace period for repayment of balances for purchases 25 Days
Method for computing the balance for purchases Average daily balance including new purchases
Other APRs Average Cash Advance and Balance Transfer APR 14.9%. Delinquent rate after two billing cycles = 18.0%
Transaction Fee for Purchases None
Transaction Fee for Cash Advances 3% of advance amount or $5.00, whichever is greater.
Late Payment Fee $25.00; Late fee is assessed when payment is 15 or more days past due.
Over Limit Fee $20 per occurrence per statement cycle.
Program Fee $0.00 Including Redwood Rewards Program

*Prime Lending Rate is 4.25% as of 6/15/17 as published in the Wall Street Journal.

Business Loans & Lines of Credit

Learn More about Business loans  Apply Now
RCU Business Plus Unsecured Lines of Credit
Loan Product Unsecured Line of Credit
Loan Amount $25,000 to $100,000
Interest Rate Prime + 1.50% to Prime + 5.00%*
Maximum Term 12 Months
Business Loan Fees
Loans up to $50,000 $200.00
$50,000 to $100,000 $250.00

*Prime Lending Rate is 4.25% as of 6/15/17 as published in the Wall Street Journal.

RCU Business Plus Secured Lines of Credit
Loan Product Unsecured Line of Credit
Loan Amount $25,000 to $250,000
Interest Rate Prime + 1.00% to Prime + 4.25%*
Maximum Term 12 Months
Business Loan Fees
Loans up to $50,000 $200.00
$50,000 to $100,000 $250.00
Additional Out-of-Pocket Fees may apply for secured loans.
Credit Report $75
UCC Filing/Search:
UCC Termination:
$26 (estimate)
$10

*Prime Lending Rate is 4.25% as of 6/15/17 as published in the Wall Street Journal.

RCU Business Plus Unsecured Term Loans
Loan Product Unsecured Line of Credit
Loan Amount $25,000 to $100,000
Interest Rate Fixed Interest 7.00% to 9.75%
Maximum Term 12 Months
Business Loan Fees
Loans up to $50,000 $200.00
$50,000 to $100,000 $250.00