Personal Loans

Our Personal or Line of Credit Loans may be used for many purposes, including bill consolidation, back to school, 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!

 

 

Loan TypeMaximum AmountTerms*APR
Personal / Personal Line of Credit$10,000Up to 48 monthsAs low as 9.50%
Preferred Personal$1,500Up to 12 monthsAs low as 11.50%
Credit Rebuilder$5,000Up to 12 monthsAs low as 7.00%
Overdraft Protection$10,000Up to 12 monthsAs low as 9.50%
Share & Certificate SecuredAmount of Deposit Share Secured
Up to 60 months

Certificate Secured
Term of CD
7.50%
Loan DiscountsYou 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.

*APR – Annual Percentage Rate.  Rates are based on your credit profile.  Rates above include available discounts.  Rates are subject to change.

Payment & Protection Plans - Disability & Credit Life Disability insurance will make your loan payment (s) up to the policy maximum in the event of disability caused by covered injury or illness. Credit life insurance will pay off your eligible loan balance in the event of death.
The Products offered:

  • Are not federally insured
  • Are not obligations of the Credit Union
  • Are not guaranteed by the Credit Union
  • Involve investment risk
  • If 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