School Employee Relocation Loan
We created this loan to help make housing and relocation expenses more affordable for school employees. This low-interest loan can be used for expenses such as moving costs, first month's rent or security deposit, or in any other way you need to comfortably settle into a new home.
Features
- Loan amounts up to $5,000
- Up to a 36-month term
To become eligible for this loan, you must establish an SchoolsFirst FCU Membership and sign up for
direct deposit, SchoolsFirst FCU's automatic payroll deposit service.
Member must be in good standing with credit union.
Additional Requirements
- A loan application is required. Members must credit qualify
- Direct deposit/Net Check is required
- The primary Member must be a school employee who is moving to a new residence
- Account must be in good standing
- Express Loan Plan on file
School Employee Relocation Loan
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Annual Percentage Rate (APR)
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Loan Amount
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Terms in Months
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3.90%*
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Up to $5,000
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Up to 36 months
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* Rate reflects a ¾ percentage point discount for payment made through
automatic transfer from an SchoolsFirst FCU Savings or Checking account. Rate
quoted is effective as of 11/20/2008 and is subject to change without notice. Member must meet certain credit requirements to qualify for this loan.
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To take advantage of this program, call our Telephone Service Center at 714/258-4000 or
800/462-8328 Monday through Friday, 7 a.m. to 7 p.m., and Saturday, 9 a.m. to 3 p.m.
or visit any
SchoolsFirst FCU branch.
