Personal Loans
A Banner Federal Credit Union personal loan is a loan that can be used for various purposes. We offer Line-of-Credit Loans, Signature Loans, Share Secured Loans, and even a Pay Day Stretcher Loan.
Whether you’re looking to consolidate some debt, get something special for the holidays, or have an unconventional need you’re wondering how to finance – a Personal Loan may be the answer you’re looking for.
Once we have all the required documentation, no need to come into a branch. We can now have you sign most loan agreements through email! Ask us how!
Line-of-Credit Loans
This low-rate, smart loan with limits up to $7,500 requires no collateral and gives you the flexibility to access your funds or even use it for overdraft protection for your Banner Federal checking account. Limits are determined by creditworthiness and other factors.
Signature & Consolidation Loans
When you need cash for a vacation, unexpected expenses, or for any reason, we can help with a personal loan at a competitive rate. Signature loans can be as little as $200 or a large as $15,000 with qualifying credit history.
Shared Secured Loans
Maybe you have the money but just don’t want to spend it. With a share secured loan you can borrow against the funds in your account. We will hold the amount that you borrow and as you pay it back, the funds become available. You will continue to earn interest on your account. At the end of the loan you will still have the funds in your account. This is the easiest loan to get, helps you build or rebuild your credit history and has the absolute lowest rate possible.
PayDay Stretcher Loans
Everyone has an occasional financial emergency. If you need money to cover you for a short period of time, a PayDay Stretcher Loan is for you.
- Loans of $200.00 to $500.00 available
- Repaid through payroll deduction at $105.00 per pay day or $210.00 monthly until paid in full
- Helps establish credit history
- Easy qualifying
- No credit check required
- To see the qualification details and to obtain an application, click here.
- Once we have the required documentation and an approval, in-branch and electronic signing options available. Ask us how!