Personal Loans
A Personal Loan is a loan used to finance anything from consolidating debt, to your wedding, to vacations, to unexpected expenses. This loan is then paid off in monthly installments with interest.
Your Credit worthiness is used when determining rates & terms. This includes your income, credit score and credit history.
Signature Loans
Our Signature Loan makes borrowing even more convenient. They can be obtained for a minimum of $500 and for terms up to 5 years.
Personal Service Credit Lines
A Personal Service Credit Line can be established for a minimum of $500, and you can take advances for 3 years. Getting an advance is easy, just call us and the advance can be directly deposited into your Tri Boro FCU account.
Share Secured Loans
A Share Secured Loan uses the shares in your account as collateral for the term of your loan. You can borrow up to 100% of the balance in your share account. This loan does not require a credit report or income verification.
Share Certificate Secured Loans
A Share Certificate Secured Loan uses one or more of your certificates as collateral. You can borrow up to 100% of your certificate(s) balance(s). The term of your loan must match the term of your certificate.
Rates & Terms
| Personal Loans | ||
| Effective Date: 01/23/2023 | ||
| Loan Type | APR* As Low As | Term |
| Signature Loans | 9.340% | 36 Months |
| 9.540% | 48 Months | |
| 9.740% | 60 Months | |
| Personal Service Line of Credit | 9.540% | Payments are $3.00 per $100 borrowed |
| Share Secured | 4.990% | Up to 60 Months |
| Share Certificate Secured | 4.990% | Up to 60 Months |
*Annual Percentage Rate
Each application requires a $20 application fee. A minimum of $500.00 in new money needs to be taken out and .25% will be added to the interest rate for refinancing an existing Tri Boro FCU loan.
Rates are determined by the member’s credit worthiness & borrowing limits. All loan approvals are subject to normal underwriting guidelines.
We grant loans regardless of race, color, religion, national origin, sex, handicap, or family status. All disclosures will be provided at loan closing.
THIS NOTICE IS REQUIRED BY LAW. Read more at FTC.GOV. You have the right to a free credit report from AnnualCreditReport.com or 877-322-8228, the ONLY authorized source under federal law."
Go to main navigation