Arsenal Credit Union Info + Reviews

Arsenal Credit Union is the non-profit financial institution we’ll be focusing on here. This article will cover info on their products, rates, membership eligibility and more. By the end of reading it, you should be in a pretty good position to know if this is the right place for your money to go.

At the end of this article, you can add in your own personal review of ACU if you have experience with them.

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Check Your Personal Loan Rate with SoFi

*Routing #: 281081233

*Phone #: 314.408.6827

*Headquarters addres:

3780 Vogel Rd

Arnold, MO 63010

A Little History on Arsenal Credit Union

ACU doesn’t have a historical page on their website (that I could find) but according to their NCUA data, this CU was started in 1948. Today, they have over $340 million in assets and continue to grow.

Because they are part of the CO-OP network, there are 30,000 surcharge-free ATMs nationwide that you can use to get your cash if you belong. There are also nearly 5,800 shared branches across the country where you can access Arsenal Credit Union accounts, so, that’s pretty good.

Do they give back at all?

ACU gives back in a lot of different ways. They do a lot to support Habitat for Humanity and their employees have volunteered over 7,000 hours in the last few years. ACU financially supports other various community organizations and has been providing financial education services for thousands of students during the last few years.

Membership Eligibility at Arsenal Credit Union

There are a couple ways to get in here besides where you work or where you live. Your family can qualify you for membership, too. Also, if you are involved with the original sponsor group (National Geospatial-Intelligence Agency), that gets you in as well.

Involvement counts as either being employed by NGA, the local VA, or contractor companies. Operating in Jefferson County, St. Louis County, St. Louis City, Franklin County, Washington County, St. Francois County or Ste. Genevieve Counties of Missouri qualifies you.

If you operate in either St. Clair County, Madison County, Monroe County, or Randolph Counties of Illinois, you’re also in there. Check out even more ways in on their website here.

Financial Products at Arsenal Credit Union

You can choose from a variety of accounts at ACU. They have a few different checking accounts, savings, and business products. You can find vehicle, home, and other types of loans, so, most purchases that you can think of are covered there.

There are Visa debit, credit, and gift cards at Arsenal Credit Union. In addition to those, there are various investing options like IRAs.

Loan products cover autos, refinancing autos, boat loans, motorcycles, and ATVs. You can even get loans to cover motorhomes, campervans, travel trailers, and personal watercrafts.

For your housing needs, they have mortgage loans, home equity loans, home equity lines of credit, and home improvement loans.

There are also a handful of digital banking resources.

Rates at Arsenal Credit Union

New Car

APR*Term
1.99% APR-17.75% APR0-36 months
2.49% APR-17.75% APR37-48 months
2.74% APR-17.75% APR49-63 months
3.24% APR-17.75% APR64-72 months
4.49% APR-11.24% APR73-84 months
New auto loan (current and last model year, not titled) – Up to 125% of purchase price financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Car: 2020-2021

APR*Term
1.99% APR-17.75% APR0-36 months
2.49% APR-17.75% APR37-48 months
2.74% APR-17.75% APR49-63 months
3.24% APR-17.75% APR64-72 months
4.49% APR-11.24% APR73-84 months
Current and last year’s models previously titled – Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Car: 2017-2019

APR*Term
2.24% APR-18.25% APR0-36 months
2.74% APR-18.25% APR37-48 months
2.99% APR-18.25% APR49-63 months
3.74% APR-18.25% APR64-72 months
4.74% APR-11.99% APR73-84 months
Models that are 3-5 years old – Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Car: 2014-2016

APR*Term
3.24% APR-18.50% APR0-36 months
3.74% APR-18.50% APR37-48 months
3.99% APR-18.50% APR49-63 months
4.49% APR-18.50% APR64-72 months
5.24% APR-8.49% APR73-84 months
Models that are 6-8 years old – Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Older Car Models

APR*Term
5.25% APR-19.50% APR0-36 months
5.25% APR-19.50% APR37-48 months
6.75% APR-19.50% APR49-60 months
Older Models (9 years or older) – Up to 90% of current NADA retail value financed
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

New Boats

APR*Term
5.75% APR-16.00% APR0-60 months
6.75% APR-16.30% APR61-120 months
7.25% APR-17.00% APR121-144 months
8.00% APR-17.50% APR145-180 months
New Boats (certificate of origin) – Up to 100% of MSRP financed (plus tax, title and license)
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Boats

APR*Term
5.75% APR-16.00% APR0-60 months
6.75% APR-16.30% APR61-120 months
7.25% APR-17.00% APR121-144 months
8.00% APR-17.50% APR145-180 months
Used Boats – Up to 90% of NADA retail value financed
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

New Motorcycles and Personal Watercraft

APR*Term
4.49% APR-18.99% APR0-36 months
4.74% APR-6.24% APR37-60 months
5.99% APR-7.99% APR61-84 months
New Motorcycles and Personal Watercraft – (current model year and up to two previous model years with no previous title)
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Motorcycles and Personal Watercraft

APR*Term
4.49% APR-18.99% APR0-36 months
4.74% APR-6.24% APR37-60 months
5.99% APR-7.99% APR61-84 months
Used Motorcycles/Pers. Watercraft (model previously titled and no more than six years old, includes current year) – Up to 115% of NADA retail value financed (plus tax, title and license)
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

New Motorhome, Campervan, Travel Trailer

APR*Term
5.25% APR-18.75% APR0-84 months
6.25% APR-18.75% APR85-120 months
7.25% APR-18.75% APR121-144 months
7.25% APR-18.75% APR145-180 months
New Motorhomes, Campervans, Travel Trailers and Campers – Up to 115% of MSRP financed (plus tax, title and license)
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Used Motorhome, Campervan, Travel Trailer

APR*Term
5.25% APR-18.75% APR0-84 months
6.25% APR-18.75% APR85-120 months
7.25% APR-18.75% APR121-144 months
7.25% APR-18.75% APR145-180 months
Used Motorhomes, Campervans, Travel Trailers and Campers – Up to 115% of NADA used wholesale value financed (plus tax, title and license)
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Monthly loan payment examples per $1,000 borrowed

Loan typeAPR*TermPayment
New car3.74%72 months$15.30
Used car: 2020-20212.74%60 months$17.85
Used car: 2017-20194.74%84 months$14.01
Used car: 2014-20164.49%72 months$15.87
Older-model auto5.25%48 months$23.14
New or used boat6.75%120 months$11.48
New motorcycle5.99%72 months$16.57
Used motorcycle4.49%36 months$29.74
New or used RV5.25%84 months$14.25
Personal9.99%18 months$60.05
Monthly loan payment examples per $1,000 borrowed at Arsenal Credit Union
Use their free calculator to estimate your monthly payments and check out other financial calculators they provide at no cost.
*APR=Annual Percentage Rate. Subject to change and based on creditworthiness. Rates as of 12-1-2021.
All ACU loans are simple-interest loans calculated on the declining balance and have no prepayment penalties.
Aggregate total for unsecured debt is $50,000.

Home Equity Loan

Loan TypeAPR*Term
Fixed-Rate 60% Home Equity Loan5.00% Rate 5.00% APR $20,000 min., $150,000 max.60% equity Up to 60 months 5-year amortization no escrow
Fixed-Rate 80% Home Equity Loan5.25%-5.65% Rate 5.25%-5.65% APR $5,000 min., $150,000 max80% equity 60-180 month repayment terms
Fixed-Rate 100% Home Equity Loan5.70% Rate 5.70% APR $5,000 min., $150,000 max.100% equity 60-180 month repayment terms
APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.
– Equity is the difference between what you still owe on your house (mortgage balance) and what your house is worth on the market now (appraised value).
– MO property located in St. Louis City, St. Louis County, Jefferson County, Franklin County, Washington County, St. Francois County and Ste. Genevieve County, as well as St. Charles County. IL property located in of St. Clair County, Madison County, Monroe County and Randolph County.

To calculate how much you can borrow, take your home’s current value and multiply it by 60%, 80% or 100%. Take that figure and subtract how much you still owe on your current mortgage. The result is your available equity.

For example: If your home is worth $100,000, then $80,000 will be 80% of it. Next, if your current mortgage balance is $50,000, you will subtract it from $80,000. The maximum amount you can borrow for 80% is $30,000.

Home Equity Line of Credit at Arsenal Credit Union

Loan TypeAPR*TERM
Variable-Rate HELOC (Home Equity Line of Credit) – 80% EquityPrime120 months 240-month amortization adjustment cap: 2%; floor rate: 4.50%; life cap: 20%
Variable-Rate HELOC (Home Equity Line of Credit) – 100% EquityPrime + 1.0%120 months 240-month amortization adjustment cap: 2%; floor rate: 6%; life cap: 20%
APR = Annual Percentage Rate at Arsenal Credit Union, subject to change and based on creditworthiness. Rates as of 12-1-2021.
– Equity is the difference between what you still owe on your house (mortgage balance) and what your house is worth on the market now (appraised value).
– MO property located in St. Louis City, St. Louis County, Jefferson County, Franklin County, Washington County, St. Francois County and Ste. Genevieve County, as well as St. Charles County. IL property located in of St. Clair County, Madison County, Monroe County and Randolph County.

To calculate how much you can borrow, take your home’s current value and multiply it by 60%, 80% or 100%. Take that figure and subtract how much you still owe on your current mortgage. The result is your available equity.

For example: If your home is worth $100,000, then $80,000 will be 80% of it. Next, if your current mortgage balance is $50,000, you will subtract it from $80,000. The maximum amount you can borrow for 80% is $30,000.

First Mortgages at Arsenal Credit Union

Monthly loan payment examples per $10,000 borrowed at Arsenal Credit Union

Loan TypeAPRTermPayment
Home equity (fixed, 60%)5.00%60 mths$188.71
Home equity (fixed, 80%)5.65%120 mths$109.27
Home equity (fixed, 100%)5.70%180 mths$82.77
APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.
Monthly loan payment examples per $10,000 borrowed.
APR=Annual Percentage Rate
All ACU loans are simple interest loans calculated on the declining balance and have no prepayment penalties.
*Aggregate total for unsecured debt $50,000.
**ACU may pay closing costs for home equity loans or lines of credit. Borrower is responsible for obtaining and paying for comprehensive insurance to cover the value of the real estate. If the borrower repays the loan within the first 12 months, the borrower must reimburse the credit union for the closing costs.

Value & Advantage Plus Checking

ProductMinimum Balance to Earn APYAPY Dividend/Interest RateCompounding Frequency
Value Checking$0.05%/.05%Monthly
Advantage Plus Checking$0.08%/.08%Monthly

Compare Checking at Arsenal Credit Union

Advantage Plus CheckingValue CheckingTotally Free Checking
Monthly Fee$4.00 No balance requirementNone if $500 minimum average daily balance requirement met; otherwise, $4.00None
Interest PaidYesYesNo
Check OrdersOne package of free checks a yearRefer to price listRefer to price list
AdvantagesFree checks, card rewards, waived fees and earn higher interest. This is our top-tier account.Earn rewards on signature-based transactions & interest on your account balance.No monthly fees or minimum balance. Perfect for your everyday purchasing and bill-paying needs. Earn rewards on signature-based transac

Compare Business Checking

Business Checking IBusiness Checking IIBusiness Checking III
Transactions per monthUp to 200Up to 500More than 500
Per transaction fee25 cents per transaction in excess of 20050 cents per transaction in excess of 50010 cents per transaction
Monthly feeNone$20 or waived with ADB of $5,000+None
Minimum deposit$100$500$1,000
Earns dividendsNoOn ADB* of $500+On ADB of $2,500+
Minimum ADB requiredNone$5,000None
*ADB=Average Daily Balance

Credit Cards – Visa Platinum

Card TypeLimitAPR*
Fixed-rate Visa Platinum$300 – $30,000 credit limit9.90% APR-17.90% APR
Variable-rate Visa PlatinumMax $5,000 credit limit8.75% APR
*(prime + 4.50% with a cap of 18.90%, may adjust monthly)
No annual or monthly fees; no minimum finance charge; no cash advance fees; no balance transfer fees; no penalty rate; 25-day grace period.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 12-1-2021.

Deposit Rates and Terms

PRODUCTMINIMUM BALANCE TO EARN APY*APY / DIVIDEND RATE / INTEREST RATECOMPOUNDING FREQUENCY
Regular Savings$1000.10% / 0.10%Monthly (Dividend)
Special Savings$00.10% / 0.10%Monthly (Dividend)
Tracker Kids Club$00.10% / 0.10%Monthly
Christmas Club$00.10% / 0.10%Monthly
Vacation Club$00.10% / 0.10%Monthly
Value Checking$00.05% / 0.05%Monthly
Advantage Plus Checking$00.08% / 0.08%Monthly
Business Checking II$5000.05% / 0.05%Monthly
Business Checking III$2,5000.08% / 0.08%Monthly
IRA Savings Account**$00.15% / 0.15%Monthly
Money Market Account$2,500 – $9,9990.10% / 0.10%Monthly
$10,000 – $24,9990.10% / 0.10%Monthly
$25,000 – $49,9990.20% / 0.20%Monthly
$50,000 – $99,9990.25% / 0.25%Monthly
$100,000 and over0.30% / 0.30%Monthly
DEPOSIT RATES AND TERMS
Rates Subject To Change Without Notice. Rates as of 12-1-2021.
*APY=Annual Percentage Yield
**On IRA savings accounts, fees could reduce earnings on the account and early withdrawal penalties may be imposed.

Certificate of Deposit (CD) Terms and Rates at Arsenal Credit Union

TERMMINIMUM BALANCE TO EARNAPY* / INTEREST RATEWITH IRA CD – APY / RATE
3-month None$5000.05% / 0.05%0.05% / 0.05%
6-month Quarterly$5000.20% / 0.20%0.20% / 0.20%
12-month Quarterly$5000.35% / 0.35%0.35% / 0.35%
18-month Quarterly$5000.40% / 0.40%0.40% / 0.40%
24-month Quarterly$5000.50% / 0.50%0.50% / 0.50%
36-month Quarterly$5000.60% / 0.60%0.60% / 0.60%
48-month Quarterly$5000.70% / 0.70%0.70% / 0.70%
60-month Quarterly$5000.80% / 0.80%0.80% / 0.80%
Rates Subject To Change Without Notice. Rates as of 12-1-2021.
*APY=Annual Percentage Yield
All certificates have the option of paying quarterly or monthly interest that would be transferred to another Arsenal Credit Union account. Interest checks may be paid monthly for all certificates with a $10,000 minimum balance. Selecting any of these interest options will affect the annual percentage yields quoted on this rate sheet – the annual percentage yields are calculated based on quarterly compounding of the interest.
The minimum balance requirement is $100 for members age 18 and under to earn the stated APY.
Fees may reduce earnings on the account. A penalty rate may be imposed for early withdrawal.

Arsenal Credit Union – Final Thoughts

Arsenal is a great looking mid-size credit union. They check all the boxes offering any products you could think of. Your business can get set up there, your retirement can get set up there, and your basic checking and savings needs can also be met. There’s a loan for typical big purchases, too. They give back to the community a lot too, which is awesome. Do you have a review on Arsenal that you’d like to share? Add it in below here. We need your email address in case ACU wants to reach out to you to resolve any issues.

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*All information in this article was current at the time of this writing, however, it could change without notice. We do our best to keep these updated, however, there is no guarantee you will find the same information on the CU’s website or at the time of opening an account with them.

*This site is not affiliated with the Credit Union mentioned in this article.

Bob Buckley

Bob Buckley writes about food and business.