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Personal Loans

The right financing can help you accomplish big things.

Get funds for almost anything.

Whether you're looking to make a special purchase, take a vacation, consolidate debt or address unexpected expenses, turn to Suffolk Credit Union for borrowing options. We'll help you find the right solution for what you want to accomplish. 

Choose a fixed-rate loan or revolving line of credit

Finance your special plans

Besides borrowing directly from us, you also can borrow from the value of your Share Savings account

These three accounts give you options for getting the money you need for your plans. Whether you need a lump sum of money at a fixed rate or a revolving line of credit at a variable rate, we'll assist with a simple application process and quick approval.

Personal Loans

If you know how much money you need, a loan can be the answer.

  • Borrow between $500 and $20,000 
  • Choose terms up 60 months
  • Receive your funds all at once 
  • Make a $25 minimum payment each month
  • No pre-payment penalty and funds can be deposited right into your SCU account
  • Set up automatic payments through your Suffolk Credit Union checking account 

Personal Line of Credit

If you need more financial flexibility, opt for the credit line. 

Share Secured Loan

Use your own savings as collateral for a loan. Your account continues to earn interest. 

  • Borrow up to 100% of your Share Savings account balance
  • Build your credit

Financial Education

Tips to tune-up your financial plan.

Rewards Credit Card

Everyday purchases. Real rewards.

*Rates are subject to change without notice. All loan requests are subject to credit approval and income verification. Applicants who are not approved at this rate or term may be offered credit at a higher rate and/or different term. Maximum loan amount is $20,000. Please contact a Suffolk Credit Union representative for additional information, applicable fees and terms.

For all variable-rate loans, the APR may change after consummation. The Share Secured loan rate is calculated as the dividend rate plus 3.00%. For Share Secured loans, the minimum payment will be $25.00. There are no fees associated with the Share Secured loan.

**For all variable rate loans, The minimum payment for the variable line-of-credit will be 2.00% of the outstanding balance rounded up to the nearest dollar or a minimum of $25. Please contact a Suffolk Credit Union representative for additional information, applicable fees and terms.