Personal Loans

Secure the money you need today with a loan from APL FCU. Whether you're looking to consolidate debt, finance a home improvement, cover unexpected expenses or treat yourself to a much-needed vacation, we can help.

  

Lines of Credit

An open-end Line of Credit can be a valuable tool in your overall financial management strategy. Any time you need extra cash, it's available up to your predetermined credit line, or it can be used as overdraft protection for your checking account. Access can be made through eBranch, Telephone Banking, at any APL FCU ATM or by writing a check.

Current Rates
Join and Apply
Existing Members, apply within eBranch

The variable rate for Lines of Credit is subject to change on the first of each quarter. The Annual Percentage Rate is based on the prior quarter's average 6-month Treasury bill auction price, rounded up to the nearest 1/2 percent plus 7 percent. There is no minimum rate restriction, but a maximum rate of 18.00% applies.

Savings Secured Loan

Get the lowest fixed rate and be approved automatically when you borrow against your APL FCU Savings or CD.

Benefits

  • Minimum loan is $100, maximum loan is the amount of your deposit pledged
  • Repayment term up to ten years for a variable rate and five years for a fixed rate
  • Certificate Secured Loans may be set up as single payment loans, with a maximum term of 60 months
  • Fixed rate is 2.25% above the Regular Savings rate for pledged savings accounts
  • Fixed rate is 1% above the rate on CDs that are pledged

Current Rates
Join and Apply
Existing Members, apply within eBranch

Unsecured Loans

APL FCU offers two types of unsecured loans (Personal and 90-Day Note).

Personal Loans

  • Great for consolidating bills, taking a vacation or making a special purchase
  • Variable rates
  • Terms up to 60 months

Current Rates
Join and Apply
Existing Members, apply within eBranch

90-Day Note

  • Consider this loan if you expect to pay off a loan within a 90-day period (through a tax refund, maturing investment or estate settlement)
  • Closed-end loan
  • Fixed rate
  • Single payment due in 90 days
  • Maximum loan amount $25,000

Current Rates
Join and Apply
Existing Members, apply within eBranch

The variable rate for personal loans and 90-day notes is subject to change on the first of each quarter. The Annual Percentage Rate is based on the prior quarter’s average 6-month Treasury bill auction price, rounded up to the nearest half percent plus six percent. However, a minimum rate of 12.50% and a maximum rate of 18.00% apply.

 

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