Bradford Area School Employees Federal Credit Union is a member-owned,
not-for-profit financial cooperative in Bradford, Pennsylvania.
Credit Score Key: A+=800 and up A=700-799 B=600-699 C=500-599 D= Below 500
A+ will reduce A rate by .5 percent, but not to go below 1.5%
Call 814-368-5595, visit us at 125 Main Street, Suite 206 for a loan application, or download a loan application here on the Website. Choose “Forms to Print” in the top menu bar.
New Rates January, 2024
Personal Loan (0 – 60 months)
A+ & A (above 700) up to $10,000
B (600-699) up to $8,000
C & D (599- Below) up to $5,000
A = 9.5%
B = 10.5%
C = 13.5%
D = 16.5%
Brand New Vehicle (0 – 60 months) – (Never Been Titled) Calculate additional .50% to any vehicle that has more than 100,000 miles
A= 4.0%
B= 6.0%
C= 8.5%
D= 11.5%
*Add .75% to all categories (A-D) to increase term to 72 Months
*Calculate additional .50% to any vehicle that has more than 100,000 miles
New Vehicle (0 – 60 months) – (2016 and newer)
A= 5.0%
B= 7.75%
C= 11.75%
D= 14.75%
*Add 1.0 % to all categories (A-D) to increase term to 72 months
*Add 1.5% to all categories (A-D) to increaseterm to 84 months
Used Vehicle (0 – 48 months) – (Not older than 2012)
A= 6.25%
B= 8.25%
C= 12.5%
D= 15.5%
*Add 1.5 % to all categories to increase term to 49-72 months. Calculate additional .50% to any vehicle that has more than 100,000 miles
Older Used Vehicle (0 – 48 months) – (2011-2008* Auto)
A= 8.5%
B= 10.5%
C= 14%
D= 17%
*Annually adjusted to allow financing to be nothing older than 15 Years from the current ‘Car Year’, *Calculate additional .50% to any vehicle that has more than 100,000 miles
B.E.S.T (Boat, Equipment, Small Tractor & Plows)
A 6% with $35k limit
B 8% with $35k limit
C&D 12% with $25k limit
All B.E.S.T loans up to 60 months in financing, Calculate additional .50% to any vehicle that has more than 100,000 miles
Home Repair Loans: (Limit $10,000)
Loans will be paid to vendors or providers of the
home repair supplies or contractor. Borrower
must provide proof of home ownership.
Home Repair (0 – 24 months)
A= 6.5%
B= 8.5%
C= 11.5%
D= 14.0%
Home Repair (25 – 60 months)
A= 8.99%
B= 9.99%
C= 12.99%
D= 15.99%
Our Dividend Rates
Dividend rate as of January 1, 2019, the last dividend declaration date, was determined based on the following scale:
$5.00 – $2,500.00 (in shares) .10% Annual Percentage Yield .1000%
$2,501.00 – $6,500.00 (in shares) .15% Annual Percentage Yield .1501%
$6,501.00 – $20,000.00 (in shares) .25% Annual Percentage Yield .2503%
$20,000.01 – $99,999.99 (in shares) .30% Annual Percentage Yield .3004%
*Annually adjusted to allow financing to be nothing older than 10 Years from the current ‘Car Year’
Share Secured Loan:
2.00% over current savings dividend rate. The share amount of the outstanding amount on the loan may not be withdrawn until the loan is paid.
Key to Credit Scores
A+= 800 and up
A = 700 – 799
B = 600 – 699
C = 500 – 599
D = Below 500
A+ will reduce A rate by .5 percent, but not to go below 1.5%
If you are a member, you are an owner. That is the credit union difference.
