Member Loans

WEPCO Federal Credit Union offers a variety of loan products to suit your financial needs:

New & Used Vehicle Loans

WEPCO makes purchasing a vehicle fun and easy! We offer up to 125% financing on the book value on new and used vehicles. Terms range from 24 months to 84 months. Vehicles financed for 60, 72, or 84 months will require minimum financing. Additional terms and conditions apply.

Recreational Vehicles

WEPCO finances boats, RVs, lawn equipment, farm equipment, motor homes and mobile homes. Maximum amount we will finance is 80% or 90% of the book value.

4-Wheelers & Motorcycles

We finance 4-Wheeler, UTVs and motorcycles up to 100% financing. Maximum term is 72 months.

Christmas & Vacation Loans

We like to play Santa or assist you with your dream vacation. We loan up to $10,000 with 12 months to repay!

Signature Loans

We can assist members with any purchase, such as furniture, up to $10,000 at a great, low interest rate. Maximum term is 72 months.

VISA Credit Card

WEPCO offers a VISA credit card that just can’t be beat with a range of options such as All-Purpose Rewards, Cash Back and Travel Rewards. No matter which card you choose, you'll enjoy important features like:

  • EMV smart chips for added security
  • Add to your mobile wallet for convenience

Click to apply today!

WEPCOline Line of Credit

After initial approval, you can access this line of credit via PAL Plus, WEPCO Mobile or in-person. Plus, we offer 25 complimentary checks for another way to conveniently access it. Optionally, you can set up your line of credit for overdraft protection on your checking account.  Maximum amount is $10,000.

Share Pledge Loan

We offer a loan that is secured by money available in your share savings account at a low rate. Most importantly, you still earn dividends!

Mortgages & Home Equity Loans

WEPCO offers several options for financing your home.  With the exception of land, all these loans must be secured by your primary residence.


We would love to put you and your family into your dream home! We offer mortgage loans for the purchase or construction of your new home, refinancing an existing mortgage, or for home improvements and consolidation. The rate will not increase during the term of the loan.

We offer 10- or 15-year terms. Interest rate is based on a market rate which can adjust weekly. Maximum financing is 80% of the appraised value of the property.

Balloon Mortgage

We offer a balloon mortgage based on a market rate for a 15-year balloon with payments based on 30 years. We finance up to 80% of the appraised value of the property for 15 years with a balloon payment at the end.

Real Estate Land

For the purchase of land, we finance up to 80% of the appraised value for a maximum term of 7 years.

Home Equity Fixed Rate

Put the equity in your home to work!  Maximum financing is 80% of the appraised value, less any other financing, at a 5- or 10-year terms.

Home Equity Variable Rate (HELOCs)

We offer a variable rate home equity line of credit at either 7-year draw/8-year payback or 10-year draw/10-year payback. We provide financing up to 80% of the appraised value of the property, less any other financing. The interest rate is based on the Prime Rate and adjusts two times per year.

This product is an open-end loan and the rate is subject to change during the term of the loan. Loan fees and other fees required at origination are used to compute the finance charges and APR.

Download our NMLS List Of Mortgage Loan Originators

APR – Annual Percentage Rate. WEPCO assumes no responsibly for errors or omissions. Please contact the credit union to verify current rate(s) or additional information. The APR on an open-end loan is subject to change during the term of the loan. Any loan not marked as open-end is closed-end. Rates are subject to terms and conditions.

Closed End Loans
Closed end loans have a specified term for pay back, a stated payment and a fixed interest rate.

Repayment Example:  An example of a loan repayment would be 60 monthly payments of $357.07 at a fixed APR of 2.74% for $20,000 borrowed. For this example, please contact a loan officer at any Credit Union office, or use our online Loan Calculator.  In this example, the rate does not change during the term of the loan.

Open End Loans
The finance charges includes just the interest charged on the outstanding balance. The rate is variable and subject to change.

Risk Based Lending
WEPCO Federal Credit Union uses a risk based lending policy to determine a member’s interest rate. In grading a loan application, the credit bureau provides WEPCO Federal Credit Union with a calculated credit score, which is then matched to a letter score of A+, A, B, C, or D. Rates have been set according to a corresponding letter grade. The letter grade of an A+ would receive our best rate, while tiers A, B, C, and D grades would each receive a slightly higher interest rate. Rates are based on credit risk, vehicle year, term, amount financed and any required down payment.

The purpose in offering risk based loans is to help as many members as possible. We recognize that certain members represent more risk than others. We will not grant loans where the probability of repayment is very doubtful. We recognize the importance of managed risk. We also recognize members who are charged unfavorable rates with other lenders, and we could help with a managed risk program that saves these members substantial money while helping them rebuild their credit.