Members applying for loans do so as owners, not as customers. The funds that members will borrow have been built up by their own savings and the savings of other members. Loans are made only to members of the Credit Union. Loan arrangements may be made in person or by telephone. Repayment can be simplified by convenient payroll deduction, and additional payments may be made at any time without prepayment penalties.
Loans are available for most consumer purposes.
Interest rates are competitive and will differ according to the purpose of the loan and collateral offered. The credit record of the member. The ability of the member to repay. Collateral offered by the member. All loan requests are brought before the loan officers for approval and are handled confidentially.