
Types of Personal Loans We Offer
At Centric Federal Credit Union, our personal loans are designed to support a wide range of financial needs. Whether you’re facing an unexpected expense or planning something special, we’re here to help. Common uses include:
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Debt Consolidation: Combine multiple high-interest debts into one low monthly payment.
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Medical Expenses: Cover surgery, prescriptions, or emergency healthcare costs.
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Emergency Repairs: Get funds fast for urgent home or vehicle repairs.
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Special Events: Finance weddings, vacations, or major life milestones.
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Everyday Needs: Bridge the gap between paychecks, or take care of seasonal expenses.
Benefits of a Centric Personal Loan
Choosing a personal loan from Centric means you’ll enjoy:
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Fixed Rates: Predictable monthly payments that won’t change over the life of your loan.
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Flexible Terms: Borrow only what you need, with repayment options that work for your budget.
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Local Approvals & Service: Get personalized, friendly support from people who live and work in your community.
Ready to Apply?
Take control of your financial future with a personal loan that works for you.
Apply Now or Visit a Center to get started today.
Loan Options
Signature Loan
- Unsecured loan (no collateral required)
- Fixed interest rate
- Payments can be made with automatic transfer
Share Secured Loan
- Secured with your Centric Share Savings Account
- Loan amount determined by balance of account used as collateral
- Fixed interest rate
- Interest rate is 3% above dividend rate of funds to be secured
- Payments can be made with automatic transfer
Share Certificate Secured Loan
- Secured with your Share Certificate Account
- Loan amount determined by balance of account used as collateral
- Fixed interest rate
- Interest rate is 2% above dividend rate of funds to be secured
- Terms determined by maturity date of Certificate
- Payments can be made with automatic transfer
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