Loan Options

Personal Loans

Personal Loans are closed-end cash loans at a fixed interest rate for bill consolidation, vacations, or whatever your needs may be.

  • Approximate terms up to 60 months
  • Automatic repayment option

Apply for a personal loan today! Existing members click here.

Overdraft Protection

Overdraft Protection Line of Credit offers convenience, competitive rates, and flexible terms. Plus, you’ll have the reassurance that the funds to clear your checks are in your account when you need them.

  • Term: Revolving
  • Rate: Fixed rate as low as 13.00% APR*. You only pay interest on the amount that is used.  The interest is calculated monthly on the unpaid balance.
  • Payments: Payment is calculated at 5% of the unpaid balance.
  • Access: Member can access the loan by writing a check, or plastic card advance, or a counter check.
  • Payment options: Automatic transfer from your Share Draft/Checking Account.

Student Loans

Student loans are offered through our partnership with Sallie Mae. Click on Student Loans for more information.

Share and Term Share Certificate

Use the balance in your share (savings) or Term Share Certificate Account as collateral for a loan. This type of loan allows you to borrow needed funds while still earning dividends on your Premier Members CU investment. As the loan balance declines, the share secured funds become available.

Payment options include:

  • Payroll deduction, automatic transfer (also known as periodic payment) or cash payments.

*APR = Annual Percentage Rate