Alternative Payday Line-of-Credit (APLOC)
We offer a $500 line-of-credit for emergency purposes and when a CU member does not currently qualify for an Overdraft LOC.
- The member must have been a members for at least six months and have direct deposit to apply for an APLOC.
- There is a $35 application fee.
- There is a fixed rate of 18% APR on our APLOC.
- The APLOC must be repaid within a three month period, so it is intended as a very short-term loan but can be re-used again when needed.
After one year of positive repayment of an APLOC, the member will automatically qualify for an Overdraft LOC and the rate will be changed to 13% APR and the minimum payment will be reduced to $20 per month.
Our Members make the difference.
Member Since 2004
"When I first came to the credit union and talked to one gentleman, he was so amicable and welcomed me with a warm reception. I have stayed solely because of the employees. All of them, without any discrimination are welcoming, friendly, amicable people. Everyone is suitable for the job as I see it from the front desk, the tellers and supervisors. I also get the advantage of having my tax return prepared for which I thank you all solicitously."