Personal Loans
Members may apply and borrow up to the Credit Union limits for any constructive purpose. Personal loans are completely open for part payment or payment in full at any time without penalties. Simple interest, you pay only on the amount you owe, for the time you owe it. Many insurance products, offering both life and sickness protection are available through CUMIS (Credit Union Insurance Services).
Mortgage Loans
Home Equity lines of credit, 1st and 2nd conventional and GE Insured low down payment mortgages. Open and closed mortgages available. Up to 30% of the principal balance may be prepaid on each anniversary date and payments can be doubled on any and every payment date. Many insurance products, offering both life and sickness protection are available through CUMIS (Credit Union Insurance Services).
Lines of Credit and Home Equity Lines of Credit (Secured)
A line of credit is the ultimate in flexibility. You can draw on your line of credit anytime, without the application process. It's ideal for financing renovations or other hard to predict financial needs.
Student Lines of Credit
Designed to help members educate their children, Student Lines of Credit are available up to a maximum of $20,000 with annual advances of $5,000. Rate of interest is Credit Union Prime + 1.00%.
