Whatever your money needs are, LA Financial Credit Union has loans for you at great competitive rates. You can calculate your loan rate with our nifty Loan Calculator or check out our fantastic Consumer Loan Rates where you can also apply online with anytime eXpress.
Fixed Rate Personal Loan
A fixed rate unsecured loan. The loan may be used for any purpose. On approved credit, members may borrow from $500 to $20,000 for a maximum term of 3 years.
Fixed Rate Personal Line of Credit
A fixed rate, unsecured loan. This loan may also be used as an overdraft protection on the member's LA Financial Credit Union checking account. On approved credit, members are eligible for a Line of Credit of $500 to $20,000. The minimum advance is $100.
You can borrow against your savings accounts or against term share accounts that are on deposit at the Credit Union, while continuing to earn interest.
Variable Rate Savings Secured Loan
A variable rate loan that is secured by funds on deposit in the member's Primary Savings Account. The loan may be used for any purpose. Members may borrow up to 90% of their available savings balance for up to 5 years. The minimum loan is $500.
Fixed Rate Term Share Certificate Loan
A fixed rate loan secured by funds on deposit in the member's Term Share Certificate Account. The loan may be used for any purpose. Members may borrow up to 90% of the certificate available balance. The minimum loan is $500.
Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means to you: When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license and other identifying documentation.