One of the reasons your Credit Union was organized was to offer affordable loans.
You will always find competitive interest rates and personal and professional service when you borrow from us. We have customized our lending criteria to meet the special needs of our membership by offering Reward Based Lending.
When you have a good credit history, you should receive better rates. That's how Reward Based Lending works.
The loan rate you pay is determined by the loan purpose as well as your credit history and credit score. The better your past credit, the better your rate can be. If you have a high credit score and strong payment history, you will qualify for our best loan rates. If you have a few credit blemishes, the Credit Union has more flexibility in approving your request. We may be able to approve some loans that we would have denied in the past. And remember, you have the chance to make improvements to your personal credit score...no borrowing member is 'assigned' a credit score, you 'earn' it! The Credit Union's lending staff will show you how to access your own credit score and make changes that could raise your score over time. This can help you qualify for lower rates on future loans.
Available loan types include:
- New and used vehicle loans - (cars, trucks, boats, RV's, motorcycles and snowmobiles)
- Share Savings and other secured loans
- Partially Secured Loans
- Unsecured Signature Loans
- Home Equity Mortgages (2nd Mortgage) - (The interest may be tax deductible) *
* Contact a tax adviser regarding deductibility
- We also offer a Credit Union issued VISA ® Credit Card at a low interest rate with no annual fee.
- First Mortgages are (offered through CU Companies)
Certain qualifications apply for all loans, contact us for more information. You may apply for most loans online, in person, or call (651) 227-0771.
