Skip to main content
SECU Logo
Contact Us
Find a Branch and ATM
Rates & Fees
Lending Rates
Share & Deposit Account Rates
Account & Lending Fees
FAQs
Routing Number: 253177049
Shapes light blue

Signature Loans

Looking to fund a dream vacation, consolidate debt, or pay for a wedding? Our Open-End and Closed-End Signature Loans can provide the financing you need to help meet your goals.

Apply now

Secure the money you need

A signature loan from SECU can be a great way to quickly access funds to reach financial goals like debt consolidation. 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

Looking for a personal loan with a predictable payment plan? Our Closed-End Signature Loan gives you access to your total borrowing amount upfront and offers a fixed rate for the life of the loan. These loans typically offer lower interest rates than credit cards and other revolving credit options.1

Apply now
Features of Closed-End Signature Loans:

  • Payments that work with your budget

  • Great for one-time borrowing needs

  • Terms up to 72 months with no collateral required

  • Additional 0.50% interest rate discount to certain qualifying2 North Carolina state employees and state retirees

Payment examples

We offer a variety of terms at a fixed rate or APR1 range with our Closed-End Signature Loan. Explore our payment examples.

  • Fixed rate for 24-month term

    APR1 range: 9.25% - 12.25%

    Payment example: A loan amount of $5,000 for a 24-month term at 9.25% - 12.25% has 24 monthly payments of $230 - $237.

  • Fixed rate for 48-month term

    APR1 range: 9.50% - 12.50%

    Payment example: A loan amount of $10,000 for a 48-month term at 9.50% - 12.50% has 48 monthly payments of $252 - $266.

  • Fixed rate for 60-month term

    APR1 range: 9.75% - 12.75%

    Payment example: A loan amount of $20,000 for a 60-month term at 9.75% - 12.75% has 60 monthly payments of $423 - $453.

  • Fixed rate for 72-month term

    APR1 range: 9.75% - 12.75%

    Payment example: A loan amount of $35,000 for a 72-month term at 9.75% - 12.75% has 72 monthly payments of $644 - $698.

Open-End Signature Loan

Need additional purchasing power or cushion for unplanned expenses? Our Open-End Signature Loan is one of our most flexible financing options. This variable-rate1,3 loan allows you to borrow from your credit line at any time4 through a Real-Time Loan Advance.5 With an Open-End Signature Loan, interest is charged based on the amount you owe.

Apply now
Features of Open-End Signature Loans:

  • Minimum payment based on the outstanding principal balance

  • Can serve as a protecting account when you enroll your SECU Checking Account in our optional Overdraft Transfer Service6

Disclosures

happy people dancing at wedding

Credit line increases

Already have an Open-End Signature Loan but need an extra boost of borrowing power? Request an increase to your credit line through a simple application process. Once approved, you’ll have access to additional funding at the same competitive rate.

Apply now

Related resources

  • Couple going through paperwork

    article

    How To Create a Spending Plan

    Make a plan for every dollar. We’ll break down the step-by-step process of creating a purposeful spending plan that can help you reach your goals.
    Read article
  • hand at desk with calculator

    calculator

    Calculate a Loan Payment

    Analyze your loan payment.
    View calculator
View all learning resources

Related links

  • Salary Advance Loans

    Learn about our variable-rate, open-end Salary Advance Loans.
  • Term Notes

    Learn about our Signature, Share-Secured, and STC-Secured Term Notes for short-term borrowing.
  • Share-Secured Loans

    Learn about our Share-Secured Loans, which holds your Share Account as loan collateral.
  • Credit Insurance

    Protect your loan payments with credit insurance coverage for qualifying life events.
  • Auto Loans

    Explore your options for financing a vehicle purchase.

 

  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. To be eligible for this discount, members must be a current full-time or retired employee of the state of North Carolina (including public school employees) and members’ state payroll or retirement benefits from a plan administered by the North Carolina Retirement Systems division of the Department of State Treasurer must be on direct deposit with SECU (if on partial direct deposit, total monthly direct deposit amount must be $500 or greater). Additional terms and conditions apply.
  3. The variable APR is calculated by adding the index rate to a loan margin between 4.50% and 7.50% 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 APR cannot increase by more than 1% each quarter over the previous quarter and cannot exceed 18%. The APR will not exceed the maximum permitted by applicable law. 
  4. Open-End Signature Loans originated after 10/31/2023 have a 10-year draw period. The length of the repayment period is indefinite.
  5. To advance funds, you must have agreed to the terms of our Online Services Agreement. Your loan must be accessible through your online services and authorized to perform online loan advances.
  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.