First Time Borrower Program


  • Age - 18 and over
  • First time borrower
  • Maximum Secured Amount  equal to up to 1 times your annual salary
  • Required to complete the 3 out 5  pre selected educational classes thru Balance
  • Purchases Over $5,000 require 10% down
  • Minimum requirement is 5% down
  • Maximum Payment will not exceed 15% of the monthly income
  • Maximum Debt to income ratio shall not exceed 37%
  • Can be refinanced in 12 months if credit score allows
  • Programs will be designated on the new web site for easy access
  • A used car purchase check list will be made available to all applicants

Stations will be made available to potential borrowers to complete the program onsite if necessary

Three of five the following Modules must be completed:

World of Credit Reports
Credit Matters
Money Management
Financial Planning
10 Steps to Financial Success

Rates Effective: 8/21/2017
Auto Loan 1.99%* APR
Home Equity 5-year 4.000% APR
Home Equity 7-year 4.250% APR
Share Draft Line of Credit 13.9%* APR
*With approved credit. Certain restrictions apply. Rates subject to change. Rates are stated As Low As.
Shared Branching


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