Loans for a Life in Motion

Whether you’re looking for a loan to restore your checking balance, to help rebuild your credit, or another reason, we can help find the right loan for you.

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Other Loans

We can help you determine the loan type that will fit your budget and help you meet your goals.

Purpose APR1 as low as Pmt Per $1000 Maximum Term
Personal Loan

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Rates as low as 8.90%

 

as low as $20.71
5 Years

 

Other Secured Loan

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Rates as low as 3.95%

 

as low as $17.95 5 Years
Credit Rebuilder Loan ($2,000 max.) 19.90% $37.46 1-3 Years
Share Savings Secured 3.06% $18.00  5 Years
Share Certificate Secured

calculate your earnings 2

3% over Share Certificate rate Certificate term
Rapid Relief 19.90% $176.37 6 Mo.
LendKey Consolidation Loan
as low as 3-month LIBOR +1.24%
as low as $5.17
20 Years
LendKey In-School Loan
as low as 3-month LIBOR +3.39%
as low as $7.59
15 Years
1APR = Annual Percentage Rate. Share Secured Savings Rate is 3% above the current Savings Rate.
Rates and terms are subject to change and not guaranteed.

More Detailed Information


Credit Rebuilder Loan

If collections or past due debt have prevented you from obtaining a loan, Educators Credit Union’s Credit Rebuilder Loan can help. It’s not just a loan, but a program that gets you back on the right track toward meeting your long-term goals.

We start by looking at your credit score, then we find the root of your debt and show you the right ways to rebuild your credit so you can prosper in the future.

More Information

If you are using your new Educators personal loan for consolidation purposes, we will need the following:

Information required if paying off a credit card:

Your most recent statement with the following information:

  • Creditor name
  • Account number
  • Balance/payoff amount
  • Address of where to mail the payoff check

Information required if paying off an INSTALLMENT LOAN:

A10-day payoff letter with the following information:

  • Name of the financial
  • Account number
  • 10-day payoff amount
  • Per diem (One day’s worth of interest)
  • Address of where to mail the payoff check

To verify your income, please provide us with one month worth of your most recent pay stubs from your current employer. This can be:

  • Two pay stubs if you are paid bi-weekly.
  • Four official pay stubs if you are paid weekly.
  • One pay stub if you are paid monthly.

If you are self-employed, please provide us with your two most recent annual tax documents.

If you have rental income, please provide us with your two most recent annual tax documents.

Additional documents may be required.

To apply online to become a member, you’ll need:

  • Your Social Security Number (SSN) or Individual Tax Identification Number (ITIN).
  • A digital photo of your current state-issued Driver’s License, state-issued ID or passport with your current address.
  • Proof of address if it’s different than the address listed on your ID. Proof of address can be on a statement from another financial, utility bill, government document, etc.
  • A $5 minimum deposit to open your Prime Share Savings, which represents your ownership in the credit union.

If one of these situations apply to you, please visit any Educators Credit Union branch to apply for membership:

  • You are under the age of 18.
  • You are opening a fiduciary account.
  • You want to open a business account.

To apply in person to become a member, you’ll need:

  • Your Social Security Number (SSN) or Individual Tax Identification Number (ITIN).
  • A current U.S. government-issued photo ID (e.g., driver’s license, passport, state or military ID) with your current address.
  • Proof of address if it’s different than the address listed on your ID. Proof of address can be on a statement from another financial, utility bill, government document, etc.
  • A $5 minimum deposit to open your Prime Share Savings, which represents your ownership in the credit union.
  • If you are under the age of 18, you will need a state-issued ID, passport, or current school ID and address verification from a parent or guardian.

If you are not an Educators member or if the primary member cannot sign on a loan, you may be required to establish a new account. Educators Credit Union membership is open to anyone who works or lives in our 11-county service area.