- Borrow for energy-efficient home upgrades
- Enjoy below-market interest rates
- Choose flexible terms up to 15 years
- No annual or early repayment fees
- Work with authorized contractors
- Get local Michigan support and guidance
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Why a Michigan Saves Loan?
We’ve already negotiated the best rates and terms for clean energy home improvements on your behalf! This simple, affordable clean energy financing is only available through Michigan Saves and is engineered to get you the most for your money, energy, and time. Learn more about Michigan Saves Loan today.
Where to start
- Find your Michigan Saves contractor to get an estimate on qualifying home energy improvements.
- Participating contractors will complete an analysis of your home to determine its energy efficiency and the areas that you may be able to be more energy efficient.
- Be sure to mention that you are a TRUE Community Credit Union member and the contractor will help you obtain the low interest Michigan Saves Loan.
Be sure to check with your authorized contractor* for other improvements that may be covered.
NOTE: Non-Energy, Building Performance Measures: Asbestos abatement or electrical service upgrade, Radon and lead abatement, repairs to home due to mold, mildew, ice dams or other symptoms of poor building performances.
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Please visit Michigansaves.org for the latest interest rates, terms and offerings. Loan terms are one year for every $1,000 up to $4,999. For loans $5,000 and higher. Customer may select term up to ten years (or higher if applicable). There are no annual or early repayment fees.
Updated January 2, 2026.
|
Credit Score |
Minimum |
Maximum |
Rate |
Term |
|
600-639 |
$1,000 |
$4,999 |
10.49% |
Up to 48 Months |
|
600-639 |
$5,000 |
$10,000 |
10.74% |
Up to 120 Months |
|
640+ |
$1,000 |
$4,999 |
7.24% |
Up to 48 Months |
|
640+ |
$5,000 |
$29,999 |
7.49% |
Up to 120 Months |
|
680+ |
$1,000 |
$29,999 |
6.24% |
Up to 120 Months |
|
680+ |
$30,000 |
$75,000 |
6.99% |
Up to 180 Months |
If you have any questions visit the Michigan Saves website at www.michigansaves.org.
Non-Energy, Building Performance Measures: Asbestos abatement or electrical service upgrade, Radon and lead abatement, repairs to home due to mold, mildew, ice dams or other symptoms of poor building performances.
*TRUE Community Credit Union and Michigan Saves do not endorse any particular contractor. While the contractors in the contractor directory have met certain requirements for participation, you will be entering into a direct relationship with the contractor of your choice and it is important that you review their credentials, qualifications, and references to make an informed decision.
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Access your account anytime, anywhere with convenient Digital Banking services.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term Share Certificate can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Auto Loans
| Loan Type | Term up to | Rate (APR**) As Low As |
| New Auto - 2025 | Up to 60 Months | 5.74%** |
| New Auto - 2025 | 61-72 Months | 5.99%** |
| New Auto - 2025 | 73-84 Months | 6.74%** |
| Used Auto - 2021-2024 | Up to 60 Months | 5.74%** |
| Used Auto - 2021-2024 | 61-72 Months | 5.99%** |
| Used Auto - 2021-2024 | 73-84 Months | 6.74%** |
| Used Auto 2020 & Older | Up to 60 Months | 5.99%** |
| Used Auto 2020 & Older | 61-72 Months | 6.74%** |
| Used Auto 2020 & Older | 73-84 Months | 6.99%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score. Add .25% for vehicles 5 years and older.
Boat Loans
| Loan Type | Term | Rate (APR**) As Low As |
|---|---|---|
| Boat (up to $19,999) | Up to 72 Months | 6.74%** |
| Boat ($20,000-$39,999) | Up to 144 Months | 7.74%** |
| Boat (> $40,000) | Up to 180 Months | 7.74%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Construction/Land Loans
| Loan Type | Terms | Rate | APR** as low as |
|---|---|---|---|
| Construction Loan | 30 Year | 3.500% | 3.883%** |
| Construction Loan | 20 Year | 3.250% | 3.711%** |
| Construction Loan | 15 Year | 3.000% | 3.590%** |
| Construction Loan | 10 Year | 2.750% | 3.595%** |
| Vacant Land Loan | 5 Year Balloon / 30 Year Amortization | 5.750% | 5.985%** |
**APR = Annual Percentage Rate
All rates based on credit experience and are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union. Term listed is the maximum term available.
*Rates and APRs may vary depending on loan details, such as loan amount, loan-to-value, your credit, property type, purpose (purchase or refinance with cash-out vs. cash-out), occupancy (owner occupied or second home) and points paid. Rates are subject to change without notice. You will need to speak to one of our loan officers to obtain a specific quote or to lock a rate.
Credit Cards
| Type | Terms | APR** as low as |
|---|---|---|
| TRUE Rewards Visa | Non-Variable Rate (Risk Based Pricing Applies) | 11.99%** |
| Visa Business | Adjusts quarterly (Prime + 4.00%) | 11.50%** |
| Visa Secured | Non-Variable Rate | 16.49%** |
**APR = Annual Percentage Rate
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Home Equity Loans
| Product | Terms | Rate (APR**) As Low As |
|---|---|---|
| Home Equity Line of Credit | Prime | 7.50%** |
| Fixed Rate Home Equity Loan | 5 Year | 5.99%** |
| Fixed Rate Home Equity Loan | 10 Years | 6.50%** |
| Fixed Rate Home Equity Loan | 15 Years | 7.00%** |
**APR = Annual Percentage Rate
If an appraisal is needed the cost is charged to the borrower and must be collected in advance. All home equity loans over $100,000 require an appraisal.
All rates based on credit experience and are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union. Term listed is the maximum term available.
HELOC rates adjust monthly based on prime rate plus a margin. They have a 3% floor rate for decreases in the adjusted rate. The index is the PRIME RATE as published in the WALL STREET JOURNAL, under Money Rates.
IRA and Coverdell Education Saving Account (ESA)
| Description | Rate | APY* |
| ESA Share | 0.25% | 0.25% |
| IRA Traditional Share | 0.25% | 0.25% |
| IRA Roth Share | 0.25% | 0.25% |
| IRA Beneficiary Share |
0.25% | 0.25% |
APY = Annual Percentage Yield
$500,000 is the maximum at the rates listed . Contact a member advisor for rates on higher amounts.
Mortgage Loans
Motorcycle
| Loan Type | Term | Rate (APR**) As Low As |
| Motorcycles - 2021-2025 | Up to 72 Months | 7.24%** |
| Motorcycles - 2020 & Older | Up to 72 Months | 7.74%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Motorsports
| Loan Type | Terms | Rates (APR**) As Low As |
| Motorsports - New & Used | Up to 72 Months | 8.74%** |
| Motorsports - 2020 & Older | Up to 72 Months | 9.24%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Personal Loans
| Loan Type | Term | APR** as low as |
|---|---|---|
| Signature Loan | Up to 72 Months | 11.74%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
RV Loans
| Loan Type | Term | Rate (APR**) As Low As |
|---|---|---|
| RV (up to $19,999) | Up to 72 Months | 6.74%** |
| RV ($20,000 - $39,999) | Up to 144 Months | 7.74%** |
| RV (> $40,000) | Up to 180 Months | 7.74%** |
**APR = Annual Percentage Rate - As low as rate includes .25% discount for borrowers establishing and maintaining auto payment on their loan at the time of loan closing.
All rates and terms are subject to change without notice. Rates listed are the lowest rates available at TRUE Community Credit Union to qualifying members with high credit scores. Actual rates may be higher and are determined by a member’s individual credit score.
Savings
| Product | Dividend Rate | APY |
|---|---|---|
| Business Savings | 0.05% | 0.05%* |
| Business High Yield Savings** - $10,000 - $50,000 | 2.956% | 3.00% |
| Business High Yield Savings** - $50,000.01 and greater | 3.682% | 3.75% |
| Regular Shares, Shares Pledged and TRUE Money Tree | 0.05% | 0.05%* |
| Non-Interest Shares | 0.00% | 0.00%* |
| Club Accounts | 0.05% | 0.05%* |
*APY = Annual Percentage Yield
** Must be funded with all new money
Share Certificates
| Term | Dividend Rate | APY* |
|---|---|---|
| 3 Months | 1.495% | 1.50%* |
| 6 Months | 4.169% | 4.25%* |
| 12 Months | 3.928% | 4.00%* |
| 24 Months | 3.445% | 3.50%* |
| 36 Months | 2.230% | 2.25%* |
| 48 Months | 1.980% | 2.00%* |
| 60 Months | 1.735% | 1.75%* |
*APY - Annual Percentage Yield
All Term Share Certificates have a minimum deposit of $500, the rates and terms above are based on this minimum deposit amount. Contact a Member Service Representative for exact APYs for a specific amount and term.
Fees could reduce the earnings of the account.
$500,000 is the maximum at the rates listed . Contact a member advisor for rates on higher amounts.
Super Cash Money Market
| Balance | Dividend Rate | APY |
|---|---|---|
| 0 - $1999.99 | 0.000% | 0.00%* |
| $2,000.01 - $50,000 | 0.50% | 0.50%* |
| $50,000.01 - $100,000 | 0.60% | 0.60%* |
| $100,000.01+ | 0.70% | 0.70%* |
*APY = Annual Percentage Yield
Traditional/Roth/Education Coverdell Individual Retirement Accounts (IRAs)
| Term | Dividend Rate | APY* |
|---|---|---|
| 6 Month | 4.169% | 4.25%* |
| 12 Months | 3.928% | 4.00%* |
| 24 Months | 3.445% | 3.50%* |
| 36 Months | 2.230% | 2.25%* |
| 48 Months | 1.980% | 2.00%* |
| 60 Months | 1.735% | 1.75%* |
*APY = Annual Percentage Yield
$500,000 is the maximum at the rates listed . Contact a member advisor for rates on higher amounts.