CHILD TAX CREDIT:

For updates on the Child Tax Credit, please visit irs.gov. Set up Text Alert notifications to know when your deposit arrives.

CHILD TAX CREDIT:

For updates on the Child Tax Credit, please visit irs.gov. Set up Text Alert notifications to know when your deposit arrives.

Routing #264279567

Personal Loans

Credit Builder Loan

Let us help you pave the way to a better credit score! With KTVAECU® Credit Builder Loan, you can help build or rebuild your credit score. Credit scores are important because they enable you to unlock life goals like buying a car or home. A good credit score leads to many savings and financial benefits, including access to loans and credit cards with the most favorable terms.

How it works: With KTVAECU Credit Builder Loan, you can borrow up to $3,000.00 at a low rate of 2.00% APR* above the dividend rate. This borrowed amount is set aside for you in a secured savings account while paying off the loan. Each time you make a monthly payment towards your loan, the payment amount minus the interest charged becomes available to you in your account.

NO
UPFRONT
CASH
NEEDED

NO
INITIAL
DEPOSIT
NEEDED

NO
DOWN
PAYMENT
NEEDED

NO
CREDIT SCORE
MINIMUM
REQUIREMENT

As each month's payment is made as agreed towards your Credit Builder Loan, KTVAECU will report it to the credit bureaus to help build or rebuild your payment history. Payment history makes up to 35% of your credit score, and on-time payments positively affect your credit score. It may take up to 6 months of on-time payments before you start seeing the payment history potentially make an impact on your credit score.

Your Credit Builder Loan helps you save too! The money you initially borrow is set aside for you in a secured savings account. You will earn dividends while helping to build or rebuild your credit score!

  • No monthly fee with eStatements.
  • Withdraw available funds any time.
  • Dividends accrue daily; compound quarterly.

Watch your credit score grow with FREE Credit Score in online banking or the mobile app!   LEARN MORE 

*APR = Annual Percentage Rate. APR based on dividend rate of account being pledged, rounded to the nearest 0.25%. Terms up to 36 months. Minimum payment $25.00 per month. Rates subject to change after consummation. Membership must be 90 days or older to qualify. Some restrictions may apply. Ask for details. Payment example for Regular Share Account: 36 monthly payments of $86.26 per $3,000.00 borrowed.

Secured Loans

The Credit Union offers personal loans “secured” by funds on deposit or with a specific item as collateral already owned such as an auto, boat or other qualifying personal property. It offers a low variable rate, and funds on deposit will earn dividends based on the balance of the savings or certificate account. A savings or certificate loan is a great way to build or rebuild credit.

*APR = Annual Percentage Rate. APR based on dividend rate of account being pledged, rounded to the nearest 0.25%. Minimum payment $25.00 per month. Rates subject to change. Rate can change after consummation. Rates based on creditworthiness. Some restrictions may apply. Ask for details.

Signature Loans

Signature loans can be obtained for a variety of reasons such as vacations, furniture, appliances, or car repair. The Credit Union offers a low fixed rate for 12- and 24-month terms. Approved limits are based on credit and financial soundness.

Some restrictions may apply. Ask for details. Rates based on creditworthiness. APR=Annual Percentage Rate

Personal Loan Extras

Protect your creditworthiness with coverage for your personal loan.

PAYMENT PROTECTION