Loans for Everyday Life
We offer personal loans and other loans to help you finance your dreams. Find the right loan for your family’s bottom line and your overall quality of life.
Enjoy:
Flexible Funds to Help Achieve Your Financial Plans
Fast Online Application Process
Low, Competitive Fixed Rates
Personal Loans
Whether it’s a vacation, unexpected expenses, or debt consolidation, a personal loan may be the solution for you. With low rates and flexible terms, we can help to make your payments work for your situation.
- Borrow up to $30,000
- Competitive fixed rate and terms
- Quick Application Process
Share Secured Loans
Borrowing money doesn’t have to be intimidating. A Share Secured Loan allows you to borrow up to the balance in your Share Savings or Share Certificate account while keeping your savings untouched.
- Borrow up to 100% of your available account balance
- Continue earning dividends while you repay the loan
- Competitive rates that are 3.5% over the most recent dividend paid or rate being paid on your certificate
Smart Choice Loan
When there is more month than your money, our Smart Choice Loan may be the solution to help. Borrow up to $1,000 with short flexible terms. Plus, gain great financial management tools to help you manage your finances for future scenarios.
- Great short-term solution
- Financial counseling available
- $20 non-refundable application fee*
Complete More, Save More! – 0.25% Rate Discount+
Save more in your wallet and receive a loan discount when you set up an active direct deposit or automatic payment for your credit union loan. Never miss a payment again by scheduling your payments with ease.
Take advantage of:
- Lower interest rates, resulting in reduced monthly payments and costs
- Convenience of scheduled loan payments
- Early paycheck deposit
Great rates and very helpful staff!
APR = Annual Percentage Rate. Rates, terms and conditions are subject to change and may vary based on creditworthiness and qualifications.
+APR=Annual Percentage Rate. Back-to-School Loan is available for qualified borrowers. Loan subject to normal underwriting guidelines. Advertised loan can be used for back to school expenses. Term limit is 12 months with a minimum loan amount of $250.00 and a maximum loan amount of $5,000. Illustrated payment example: A $3,000.00 loan at a fixed rate of 7.99% Annual Percentage Rate for 12 months would require 12 monthly payments of $261. Offer ends September 30, 2024. Transportation Federal Credit Union reserves the right to change or withdraw this offer at any time. Loans based on creditworthiness and subject to approval. Existing credit union loans do not qualify. Certain restrictions apply. Contact us for details.
*Smart Choice application fee is not refundable, and applies regardless of whether credit is extended. To qualify, you just need to authorize a credit check, be 18 years of age or older, have direct deposit into your Transportation FCU account, and be a member in good standing for at least 90 days. That means you’re current on all of your loans at the credit union, and you don’t have more than three loans in any rolling six-month period.
*** This service is offered as an added convenience for members who want to make a loan payment from another financial institution. Payments can be made by ACH or debit card to any TFCU loan except Mortgage, Credit Card, and Student Choice Loan. A non-refundable convenience fee of $4.95 is assessed by ProPay, a third-party service provider, to securely process online payments to your Transportation FCU loan. A minimum payment of $1 is required to use this service. The maximum transaction amount is $3,000 or the pay-off amount, whichever is smaller. This service is available 24/7. Payments made outside of business hours or on weekends or holidays will be effective the next business day. Payments will be effective only after the transaction has been validated. Any disputed transaction or returned item will result in payment reversal from your loan and may result in additional fees.
+A 0.25% discount will be given for a direct deposit or automatic payment. The direct deposit must be scheduled for a credit union savings or checking account for at least the loan payment amount, or an automatic payment must be made from a credit union or external account, with forms to be completed at closing of the loan. If you discontinue the automatic payment agreement or direct deposit, or if it’s cancelled for any reason, the discount will be removed immediately, and the standard rate will apply. Any increase in the interest rate will result in higher payments. Contact us for details.