Personal Loans

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  • Signature Loans
  • Line of Credit
  • Share Secured ​
  • Certificate Secured

Signature Loans

A signature loan can be a great option if you need to finance expenses, such as new appliances, medical expenses or any other personal needs you may have.

Why is it called a Signature Loan?

This type of loan requires no collateral. It’s backed simply by your credit history, ability to repay and your signature promising to pay the loan back according to its terms.

Since they require no collateral and come with a low, fixed rate, signature loans make it possible for you to borrow the money you need.

Benefits and features:

  • Low rates
  • Terms up to 60 months
  • No collateral required
  • Ideal for unexpected expenses

Line of Credit

A Line of Credit is a loan that gives you the ability to borrow money when you need it, and only pay for the amount you borrowed plus interest based only on the outstanding balance. A Line of Credit can help you pay for unexpected expenses, cover overdrafts or just serve as a safety net in a financial emergency.

Benefits and features:

  • Low payments
  • A set limit based on your credit history and rating
  • Use your Line of Credit as an automatic form of overdraft protection for your checking account
  • Easy access from online banking, by phone or at a branch
  • Ideal for ensuring you’re covered if unexpected expenses arise

Share Secured

Share Secured loans allow you to borrow funds that are secured by your RBFCU savings account as collateral, up to the available account balance. Share Secured Loan Rate at 2% APR over your share dividend rate.

Benefits and features:

  • Repay your loan at a low rate
  • Terms up to 60 months
  • Funds secured in your account continue to earn dividends and may be released as the loan principal is reduced through payments
  • Ideal for building credit or making a purchase without using savings

Certificate Secured

Certificate Secured loans allow you to borrow funds that are secured with your RBFCU certificate account as collateral. This gives you the opportunity to leverage those funds into a loan without an early withdrawal penalty if you determine you need money before the certificate matures. You must currently have a certificate account with RBFCU to take advantage of this loan option. Certificate Secured Loan Rate at 2% APR over your certificate rate. (IRA Certificates excluded)

Benefits and features:

  • Repay your loan at a low rate
  • Borrow for the term of the certificate
  • Funds secured in your certificate continue to earn dividends
  • Ideal to maintain reserves and avoid certificate withdrawal penalties when expenses arise
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Looking to build your credit?

Our Credit Builder Loans give you an opportunity to establish credit history and position yourself for the loan you want in the future.

Learn more

FAQ FAQs

More FAQs

Subject to credit approval. Your specific rate and term will be dependent upon your credit rating and other factors. Rates and terms subject to change without notice. Some restrictions may apply.