Credit Union offers four types of loans to qualified members (any loans must be approved by the Loan Officer)
Share Loans: Share Loans are granted using the member's savings as security.
Signature Loans: Signature Loans are granted based on members credit history and credit score
Collateral Loans: This type of loan is secured with a tangible value. Automobiles are most popular however Boats, Motors, Motorcycles, RV's are also financed.
Co-Maker Loans: The co-maker loan is cosigned by one or up to ten members in good standing. By cosigning a loan the co-maker agrees to assume responsibility for the loan should the member default.
Regular Savings:Accounts are Federally Insured up to $250,000.00 to protect against the dissolution of the credit union.
Dividends are paid quarterly.
