Only Credit Union members are eligible to apply for loans. The amount a member may borrow is determined by individual credit qualifications and the lending guidelines established by the Board of Directors.

In most cases, Credit Union loan rates are lower than those offered by other financial institutions. Members are encouraged to compare the total cost of a Credit Union loan with other financing options. There are no hidden fees and no penalties for early repayment.

Members interested in borrowing must complete a loan application, which provides the information our loan officers use to evaluate each request. Applications are available by calling or visiting the Main Office or any branch location.

Loan repayment terms vary based on the type of loan and the collateral provided. Interest is calculated daily on the unpaid balance, and the amount of interest due with each payment depends on the number of days since the loan was issued or the last payment was made. Payroll deduction is encouraged for repayment, and there is no prepayment penalty.