Secured Loans Available at SELH FCU

ATVs, Motorcycles, Boats & Recreation Vehicles

·         7.0 % APR for new with a loan term of 3 years or less

·         10.0 % APR for new with a loan term of more then 3 years (10 year max)

·         10.0 % APR for used ATV's, Motorcycles, Boats and recreation vehicles (10 year max payback depending on purchase price)

 Appliance Loans

·         10.0 % APR for new Household Appliance Only.

·        Washer, Dryer, Refrigerator, Freezer, Air Conditioner

·        3-5 year max payback depending on purchase price

Farm Equipment

·         10.0 % for new or used with 100% Financing available

·         10 year max payback depending on purchase price

Computer Loans

·         10.0 % for new with 100% Financing available.

·         Maximum loan term 3 years

Secured by Shares

·         Any Member may borrow against their own money.

·         3.5% above current dividend rate or CD rate

·         10 year maximum loan term

 

Maximum total indebtedness to SELH Federal Credit Union cannot exceed the members annual Salary.

Loan Applications are taken Monday - Wednesday, and if approved, are disbursed on Wednsday, Thursday or Friday.

$10 Application Fee

*Your debt to income ratio maximum is 50%