Looking to fund a dream vacation, consolidate debt, or pay for a wedding? Our Closed-End and Open-End Signature loans can provide the financing you need to help meet your goals. You may be eligible for a signature loan if you’re a member, 18 years of age or older and live in North Carolina, South Carolina, Georgia, Tennessee, or Virginia.
Closed-End Signature Loan
Our Closed-End Signature loan gives you access to your total borrowing amount upfront and offers a fixed rate and payment for the life of the loan. These loans typically offer lower interest rates than credit cards and other revolving credit options.
- Affordable payments that work with your budget
- Great for one-time borrowing needs
- Terms up to 72 months with no collateral required
Open-End Signature Loan
With unlimited access2 to your credit line through real-time loan advances,3 our variable-rate4,5 Open-End Signature loan is one of our most flexible finance options.
- Minimum payment based on the outstanding principal balance
- Can serve as a protecting account for your Credit Union Checking account through participation in our Overdraft Transfer Service6
How to Access Your Funds
If you have an existing Open-End Signature loan, you can process a real-time loan advances for immediate access to your funds.
1 APR = Annual Percentage Rate. APR is your cost over the loan term expressed as a rate. Rates are subject to change prior to the completion of the loan. Your actual APR will be determined at the time of disbursement and may vary based on credit score and loan terms. If you qualify, we can give you a quote for the current rate and most loan documents can be signed electronically.
2 Open-End Signature loans originated after 10/31/2023 have a 10-year draw period. The length of the repayment period is indefinite.
3 To advance funds, you must have agreed to the terms of our Online Services Agreement, and your loan must be accessible through your online services and authorized to perform online loan advances.
4 The APR cannot increase by more than 1% each quarter over the previous quarter and cannot exceed 18%.
5 The variable APR is calculated by adding the index rate to a loan margin between 4.50% and 9.50% based on credit worthiness at account opening. The index is the U.S. Prime Rate as published in The Wall Street Journal and is subject to change quarterly. The index rate for this product cannot be less than 3.25%. The APR will not exceed the maximum permitted by applicable law.
6 Overdraft transfers made from an Open-End Signature loan are considered loan advances. Transfers can be made up to 100% of the unused line of credit plus $200. Fees may apply. See the Overdraft Transfer Services page for more details.