In response to the rapidly evolving events surrounding COVID-19 (also called novel coronavirus), we would like to assure you that Your Local Bank - Premier Source Federal Credit Union (PSFCU) is taking precautionary measures to ensure our Members and Staff are protected while we continue in assisting Members with their financial needs. Online, Mobile Banking and the 24hr Hotline Telephone Banking System are available 365/24/7. Thank you for Banking Local.
Effective Tuesday, March 17, 2020 - Premier Source Federal Credit Union's lobby will be closed. All transactions will be directed to the drive-thru during normal operating hours. All deposit account opening and lending services will by conducted by appointment. More Information
Consumer loans with good consumer loan rates are critical. When taxes are due, the refrigerator dies, or you just want to consolidate other high interest loans, make sure to get a Premier Personal Loan from Premier Source Federal Credit Union. With Premier Personal Loans you may borrow up to $15,000 for as long as 48 months.
Having multiple credit cards with high interest rates is one of the fastest ways to get yourself into financial trouble. When you take out a personal loan to consolidate your debt, you’re combining all of those outstanding balances into one easy and convenient monthly payment. Your interest rate as well as the monthly payment could decrease depending on the APR and your credit score. This is also a great way to help build up your credit score.
Home equity loans aren’t the only way that you can accomplish work around the house. Personal loans can be a great way to cover the cost of small home improvements or repairs to your house. Personal loans can sometimes offer better rates over using financing through a store.
Special occasions such as weddings, anniversaries, birthdays or graduations are worth celebrating. A personal loan can give you the finances you need to turn your special occasion into that dream birthday, wedding or anniversary you have wanted to plan!
Dreaming of dinner in Paris, skiing in Vermont, or an all-inclusive vacation in the Riviera Maia? A personal loan can help make that dream vacation a reality.
Premier Source Federal Credit Union also offers a Skip-a-Pay Program with a personal loan where you can skip a loan payment twice during the calendar year! For more eligibility requirements, click here.
|Loan Type||APR* & Term||Monthly Payment per $1,000 Borrowed**|
|Personal Loan up to $15,000||Rates as low as 11.99% for up to 48 months||$26.33 on 48-month loan|
|Share Secured Loan||The APR is 3% above the current Share dividend. The maximum term is 10 years.||$9.71 on 10-year loan|
*APR is Annual Percentage Rate. Rate, term and amount quoted is based on our "A+" credit grade. Your rate, term and amount may differ depending on your credit score.
**Monthly payments per $1,000.00 borrowed.
All loans except for Share Secured Loans require proof of income (pay stub or tax return).
Rates are effective April 1, 2020. All rates are subject to change without notice.