Personal Loans

Southland Credit Union offers personal loans for all your borrowing needs, with competitive fixed rate options and a variety of terms to keep your monthly payments at a minimum.

 

 

Signature Loans

Use your good credit history to get a low, fixed-rate loan without collateral. A Signature Loan is ideal for special purchases, vacations, higher-cost debt refinancing, or whatever you choose!

  • Low fixed-rates
  • No collateral required
  • Use funds for any purpose: special purchases, vacations, consolidating higher-rate debt, or whatever you choose
  • Flexible terms from 12 to 60 months(depending on amount financed)
  • Loan amounts from $1,000 to $25,000
 

 

Personal Line-of-Credit

Do you need funds for home improvements, repairs, medical expenses, overdraft protection, and other needs? A Line-of-Credit is a convenient way to get cash, when you need it.

  • Low fixed-rates
  • No collateral required
  • Line-of-Credit can be used as over-draft protection for your Southland Checking Account
  • No set term, use the money when you need to
  • Lines available from $1,000 to $25,000
  • Convenient access with Line of Credit Convenience Checks
 

 

Deposit-Secured Loans

Use your Southland Savings Account as collateral to secure a loan. Borrow one lump sum or choose a Line of Credit where you can get cash, as you need it.

  • Low fixed-rates only 3.5% over deposit account rate
  • Minimum loan amounts of $500
  • Term of loan cannot exceed 144 month term for share-secured

Personal Loans

  •  Rates Effective 03-24-2017
Loan Type APR1 Payment/$1,000 Maximum Term Advance Policy Alert Me
Signature Loan 9.24% $20.88 60 Months 100%
Line of Credit 9.24% $20.88 Revolving As Needed
Payments calculated based on 60 month term. Minimum advance for closed end signature loans is $1,000. Loans are subject to credit qualification, other fees and conditions may apply. Rates are subject to change without notice. Other rates and advance policies may apply based on your individual credit profile.
  • 1APR=Annual Percentage Rate.

Personal Loan Calculators

Personal Spending
See how much you are currently spending and how much you can save by spending less.
Debt Consolidation
Find out if consolidating your existing loans and credit cards into a new loan will save you money.
Pay Debt or Invest?
Determine if paying off debt or investing the same amount is the better financial decision.
Am I Saving Enough?
Determine if your living expenses after retirement will be fully funded.

Accidental Death & Dismemberment Insurance

AD&D 

Give your family peace of mind and financial security when you supplement your life insurance with additional coverage in the event of an accident, death, or dismemberment. You're covered 24-hours a day for accidents anywhere in the world…whether you’re on or off the job, on vacation, or at home.

Our Members 18 years old or older, receive $1,000 FREE coverage and are eligible to purchase coverage up to $300,000.

AD&D Insurance Provided By Minnesota Life

877-309-6576

Mon-Fri 7am-8pm CST  Sat 8:30am-5pm CST

 Features 

  • Plan pays within one year of the date of the accident
  • Affordable group rates
  • Guaranteed issue; no need to submit health statement
  • Dependent children may be eligible for coverage
  • Premium is deducted from Savings Account quarterly
  • Member only or family plan coverage
  • Benefit amounts available: $10,000, $25,000, $50,000, $100,000, $250,000, and $300,000
  • Coverage is effective approximately 30 days from the date your enrollment form is returned to the Plan Administrator
  • Coverage remains effective as long as premiums are paid, the master policy remains in force, and your Credit Union account is maintained