Our Personal or Line of Credit Loans may be used for many purposes, including, holiday expenses, vacation and travel, including bill consolidation, taxes or for unexpected expenses.
For first time borrowers or those with less than perfect credit our Preferred Personal Loan is the way to go. In fact it can actually help your credit score! Budgeting your spending with a Preferred Personal Loan keeps you in control of your monthly payments leaving you with peace of mind!
Our Credit Rebuilder Loan is a great way to repair damaged credit or make your first loan from $500 to $5000 using your savings account as collateral. The good news – your loan rate can decrease as your credit score improves!
*APR = Annual Percentage Rate. Rates are based on your credit profile. Rates and terms are subject to change without notice. A down payment may be required based on your overall credit worthiness. Sample Payment Example: For a loan amount of $5,000 with a term of 48 months at 10.00% APR, the monthly payment would be approximately $127.00. This example is for illustrative purpose only and does not include taxes, fees or insurance. Actual rates, terms, and payments may vary based on creditworthiness and other factors.
Loan Type Maximum Amount Terms *APR
Personal / Personal Line of Credit $35,000 Up to 72 months As low as 10.00%
Preferred Personal $5,000 Up to 36 months As low as 12.00%
Credit Rebuilder $5,000 Up to 12 months As low as 12.00%
Overdraft Protection $35,000 Up to 12 months As low as 10.00%
Share & Certificate Secured Amount of Deposit Share Secured
Up to 5 years
More than 5 years
Certificate Secured
Term of CD
3% above Share rate
4% above Share rate
7.50% Minimum Rate
Loan Discounts You can lower your rates on applicable loans up to 0.50% with the following discounts:
Auto Pay 0.50%: A regularly scheduled electronic payment such as payroll deduction, transfer from your Bay Cities checking or savings, or debit from a checking account at another financial institution.
Debt Protection Debt Protection may cancel your loan balance or payments in case of involuntary unemployment, disability or death (Life Plus). Our Life Plus protection covers a range of circumstances which include accidental dismemberment, terminal illness, hospitalization or family medical leave and death of a non-protected dependent.
The Products offered:
Are not federally insuredAre not obligations of the Credit UnionAre not guaranteed by the Credit UnionInvolve investment riskIf applicable, are being offered by a dual employee who accepts deposits on behalf of the Credit Union and also sells non-deposit investment products on behalf of a third-party broker
