Loan Application

Complete your application in a few easy steps.

Applying for a loan at CPM is simple — and we’ll meet you wherever you are. You can apply online here, through CPM Anytime Online or Mobile Banking, by calling one of our experienced Lending Agents, or by stopping by your local branch.

We’re committed to offering competitively priced loan options that fit a wide range of needs, with helpful guidance from start to finish. It really is that easy.

We offer a variety of loan options to fit your needs. Whatever the occasion.

New/Used Auto

As low as 4.19% APR*

Looking for a new or used auto or to refinance an existing loan? We are here to help! Our low rates , flexible terms, flexible financing up to 100% and instant approvals get you in the drivers seat faster! Learn More

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Boat/RV/5th Wheels

As low as 6.99% APR*

Ready to have some fun? Whether you are craving the open road or open waters, we have recreational loans offering low rates and flexible terms to fit any budget. Apply Here

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Motorcycle/Personal Watercraft/Travel Trailers

As low as 7.49% APR*

Ready to have some fun? Whether you are craving the open road or open waters, we have recreational loans offering low rates and flexible terms to fit any budget. Apply Here

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Personal Loan

As low as 10.99% APR*

The unexpected happens. Projects need funding. Debt needs consolidating. Get the loan you need with low rates and fixed monthly payments fast! Apply Here

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MyCash

28% APR*

Whether you need a little extra cash for unexpected expenses, groceries, car repairs or anything else in between, our MyCash loan can help! Learn More

Visa® Credit Cards

As low as 11.75%*
APR*

Competitive rates. Rewards. Low fees. What more could you ask for from a credit card? Learn more

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Home Equity*

1.99% 6-month introductory rate/
as low as Prime - .25%
(Prime rate = 6.75%)

Looking to remodel? Take that dream vacation? Pay for college expenses? A Home Equity Line of Credit is a flexible and affordable way to use your home's equity for some of life's largest expenses. Learn More

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MyLine Anytime
Line of Credit

As low as 11.29% APR*

Protection and flexibility are great things. Our MyLine Anytime Line of Credit can protect you against a budgeting or miscalculation oops. It is available for your checking account or for any expense or purchase. Flexibility letting you borrow anytime for anything. Learn More

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Savings Secured/Certificate Secured

As low as 7.99% APR*

A great way to build or rebuild your credit score with great rates and flexible terms and it uses the funds you already have on deposit with CPM! Apply Today

Already applied? Log in to our CPM Online Loan Center to check your application status or start a new request.

Member Loyalty Discount

Your decision to bank with us means a lot. At CPM Federal Credit Union, we appreciate our members and their loyalty. As a way to thank our members for their continued membership, our tenured members are celebrated with an applicable loan rate discount*.

Members will receive 10 basis point or .10% discount for 5 or more years of membership . Members with 10 or more years of membership will receive a discount of 20 basis points or .20%.

Debt Protection

CPM offers several options to preserve the standard of living you worked so hard to achieve. With options including involuntary unemployment, let us make your payments! Ask us how.

Current Rates & Disclosures

Auto, Boat/RV/5th Wheel, Motorcycle, PWC & Travel Trailers

Vehicle Loan Rates

Type	Term	APR (as low as)
New Autos	Up to 36 months	4.19%
	37 - 60 months	4.69%
	61 - 72 months	5.19%
	73-84 months	5.69%
Used Autos	Up to 36 months	4.99%
	37 - 60 months	5.19%
	61 - 72 months	5.49%
	73-84 months	6.29%
Secured Loans (Watercraft, Campers, ATVs, Motorcycles)	Up to 36 months (minimum $5,000)	7.49%
	37 - 60 months (minimum $9,000)	8.49%
	61 - 72 months (minimum $18,000)	9.49%
Boat Loans, RV, 5th Wheels	Up to 60 months (Minimum $5,000)	6.99%
	61 - 96 months (Minimum $20,000)	7.49%
	96 - 120 months (Minimum $30,000)	8.49%
	121 - 180 months (new only) - (Minimum $30,000)	9.49%

APR - Annual Percentage Rate
New vehicles are either current or previous year auto with less than 18,000 miles.
Rates listed are best available based on approved credit; actual rate offered may be higher depending upon applicant credit rating and other underwriting factors.
All advertised rates are subject to change without notice.
1-Not all borrowers will qualify. Subject to terms and conditions. Minimum FICO score required to be eligible.
For a $15,000 vehicle loan at 5.19% APR and a payment term of 60 months, your monthly payment will be $285.00. This amount does not include optional vehicle protection coverage. For a $30,000 vehicle loan at 6.29% APR and a payment term of 84 months, your monthly payment will be $443.00. This amount does not include optional vehicle protection coverage.
Annual Percentage Rate is accurate as of 11/20/2025

Personal Loans

Term	APR (as low as)
Up to 60 months	10.99%
61 - 84 months	12.79%

APR - Annual Percentage Rate
Not all borrowers will qualify for extended term.
Rate will never exceed 18.00% APR.
As Low As rates listed are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice. For a $5,000 personal loan at 12.99% APR and a payment term of 36 months, your monthly payment will be $169.00 per month.
Annual Percentage Rate is accurate as of July 17, 2024

MyCash, MyLine Anytime Line of Credit & Savings/Certificate Secured

Other Loan Rates

Type	Term	APR (as low as)
MyLine Anytime		11.29%
MyCash	12-month term	28%
Overdraft (Discontinued)		16.50%
Secured by Share Account or Certificate	Up to 36 months	7.99%
Secured by Share Account or Certificate	37-60 months	8.99%

APR - Annual Percentage Rate Rates listed are our best rates based on approved credit; actual rate offered may be higher depending upon applicant's credit rating and other underwriting factors. All advertised rates are subject to change without notice.

For a $3,000 Myline loan at 13.49% APR and payments will be 3.50% of balance with a minimum payment of $25.00, term will vary based on the required minimum payment. For a $3,000 Share Secured loan at 7.99% for 36 months the payment will be $95.00 per month.

MyCash - All loan applications are subject to review of eligibility and approval. The Annual Percentage Rate (APR) is accurate as of 10/11/2023. 28% APR (27.75%) and is a fixed rate for the term of your loan. The minimum and initial loan amount is limited to $500.00, and the loan amount for subsequent requests is up to $1,000.00 and is available to members who meet relationship, account status, and direct deposit history and other eligibility requirements. Membership of 12 months is required. The $20.00 application fee is collected at the time of the application and must be available funds. Loan is disbursed into your CPM account and cannot be disbursed in a branch, by phone or other means. If the loan is more than 15 days past due, there is a late fee of 5% of the payment amount.

Annual Percentage Rate is accurate as of February 28, 2024

Visa Credit Cards

Description	APR
MyRewards	14.25% - 17.99%
MyRate	10.99 - 16.99%
MySecured	16.00%
Visa® Classic Card (Discontinued)	16.00%
Visa® Gold Card with Bonus Points Program (Discontinued)	13.75%*
Visa® Platinum Card with Bonus Points Program (Discontinued)	11.75%*
Visa® Firefighter Gold Card (Discontinued)	13.75%*

Up to 1% Foreign Transaction fee applies. Find additional fees here.
*APR - Annual Percentage Rate. Cards are subject to credit approval and rate may vary depending on credit. CPM Federal Credit Union reserves the right to change any of the above credit card rates at any time. The APR will vary based on overall credit and other underwriting criteria. Discontinued products APR will vary and with the market based on the Prime Rate.
**Visa Share secured loans must be secured by CPM subshare account. The required pledge amount will be $100.00 greater than the Visa limit requested. Minimum required Visa limit of $400.00.
Prime Rate as of 12/12/25 = WSJ rate is 6.75%
Annual Percentage Rate is accurate as of 10/31/2025

Home Equity

HELOC

HELOC Option	Term	APR (as low as)
Variable Rate	10 year draw with 15 year repayment	1.99%* 6-month introductory rate/as low as Prime - .25% (Prime=6.75% Example: 6.50%)
Fixed Rate	5 year draw with a 10 year repayment	6.99%

*APR- Annual Percentage Rate. Introductory APR is a 6-month introductory rate of 1.99% . After introductory period, the rate would be as low as Prime* - .25%. For example, the Prime Rate is currently 6.75%, which would result in a rate of 6.50%. The Variable Rate is based upon The Wall Street Journal Prime Rate (“Prime”) minus a discount; and can change periodically based on Prime. Rates are for illustrative purposes only and are subject to change without notice. Membership rules and restrictions apply. Terms and conditions subject to change without notice. Offer subject to credit approval, not all borrowers will qualify. Rates depend on LTV, lien position, and credit score. The offer is limited to currently occupied, single-family dwellings and is not valid for rental properties, mobile homes, or residential lots. Property insurance is required as a condition of the loan. Closing cost are associated with this loan. To open and maintain a Home Equity Line of Credit, you may have to pay certain fees to third parties. These fees generally total $750.00- $2000.00. At your request, an itemization of these fees can be provided and are estimated. Prime Rate as of 12/12/25 = WSJ rate is 6.75%

100% HELOC - Subject to additional underwriting guidelines, minimum 660 credit score based on the Equifax Beacon 5.0 model. Not all properties are eligible, only eligible on primary residence with a maximum loan amount of $250,000. Only eligible with our Prime HELOC product. Mobile Home properties are ineligible.

Rates accurate as of 11/20/2025

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Loan Application

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Member Loyalty Discount

Debt Protection

Current Rates & Disclosures

Vehicle Loan Rates

Personal Loans

Other Loan Rates

Visa Credit Cards

HELOC

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Complete your application in a few easy steps.

Member Loyalty Discount

Debt Protection

Current Rates & Disclosures

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