Personal LoansOur personal loans can be used anytime you need to borrow money.
These loans may be used for personal or private needs, such as medical, dental, or household expenses; school supplies; clothing; weddings; and other family events, such as vacations, consolidated expenses, etc.
And since we're a credit union and not a bank, the money you use to pay your loan returns to you in the form of free or low-cost services. It's like putting the money back in your own pocket!
The FRB Federal Credit Union has personal loans to address almost every possible need:
- Personal Signature
A one-time advance repaid biweekly or monthly.
- CU Line of Credit
An open-end loan that you can borrow against up to a predetermined ceiling. It can be used for overdraft protection, etc.
- Emergency Quick Pay
A temporary short-term loan repaid over two pay periods. Available to members whose net pay is deposited to the credit union.
- Thrift Plan Bridge
A loan to cover the time between the approval of a disbursal of thrift plan funds and the arrival of those funds.