Loans
For quick loan turnaround, or to apply for one of our low fixed-rate MasterCards, click here to go directly to e*branch now and apply online.
Not already an e*branch user? Simply click here to sign up. Then you can enjoy the ease and convenience of our online loan services including:
- Online loan applications
- Loan calculator
- Loan status updates
Or simply click here to download and print out a copy of our Permanent Loan Agreement Application.
When it comes to borrowing, we offer more than just low rates...
- Simple Interest: We use a simple interest calculation based on the declining principal balance. Your interest charge is recalculated each month on your declining balance. Thus, more of your payment goes to pay back the principal and less to interest.
- No penalty for prepayment:* We do not penalize you for prepayments or early pay-offs. You can make your payments as scheduled or choose to pay more at anytime. Other lenders commonly have hidden penalties.
- Convenient Payroll Deduction: You don't have to be concerned with making loan payments. With payroll deduction, your payments are automatically made for you.
- Borrower's Protection with credit life and disability insurance and GAP (Guaranteed Auto Protection) insurance.
University Credit Union is committed to being a convenient and low cost loan source for our members. There are a lot of reasons you may need some extra money, and we have a lot of different loans to meet those needs. If you have questions about borrowing, see the people who care about you at University Credit Union.
| New Auto Loans |
| Loan Type |
Maximum Term |
| New Auto |
Up to 72 Months |
| (61 - 72 months $20,000.00 MIN) |
| Financing based on 100% of NADA value |
| |
| Used Auto Loans |
| Current Model Year and 3 Yr. Old Model |
60 months |
| 4 -5 Year Old Model |
48 months |
| 6 -7 Year Old Model |
36 months |
| Financing based on 100% of NADA value |
|
| Other Vehicle Loans |
| New Motorcycle (Min. $5,000 / Max. $30,000 |
Up to 84 months |
| New Boat 100% (Max. $100,000) |
Up to 120 months |
| New Camping Trailer or Motor-Home (Max. $100,000) |
Up to 120 months |
| 100% Financing |
Signature Loan
This loan has many uses - education, vacations, repairs, bill consolidation, major purchases (appliances, computers), emergencies. It is given on a revolving basis so that you can continue to borrow up to your limit as you make your payments.
Share (savings) Secured Loans
By pledging the savings that you already have in your account, you can obtain the best in loan terms including a lower interest rate. You also have the benefit of keeping your savings intact and continuing to earn the regular dividend rate on your entire savings amount.
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