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 1982
"I joined the credit union when they first opened on Monroe Avenue. I wanted to build an account with a financial institution. I saw that they were new and I was starting new - so I thought it would be a good start! They were nice and courteous people. After they moved to South Avenue I wanted to buy a new car and they helped me with that and I have taken out personal loans with them too. They're more personal, a bank doesn't know you from the next 500 people. I always recommend them to people. The credit union looks at the things happening in your life and works with you. They know that people don't fail because they are not working on their life. Sometimes things just happen. I would like to get my next mortgage through them. I love them, they just fit my needs."