​CREDIT CARD AND PERSONAL LOAN

RATES & TERMS

Rates quoted are effective as of 6/19/2024 and are subject to change without notice.

SchoolsFirst FCU’s loan program features a range of interest rates for some of its consumer loans. A rate is based on a variety of factors, including the applicant’s credit rating. Loan terms are based on various factors, including the amount financed.

SchoolsFirst FCU's maximum aggregate personal loan limit is $50,000 per qualifying Member, including all individual and joint personal accounts.

All loans and credit cards are subject to credit approval.

For more information, visit our website at www.schoolsfirstfcu.org or call (800) 462-8328.

Credit Cards

Credit Cards Rates
Credit Cards Range of Rates Maximum Loan Amount Monthly Payment
Inspire Mastercard

See Terms and Conditions

13.75% - 17.90% APR Up to $35,000.00 2% of the statement balance or $25, whichever is greater
School Employee Mastercard

See Terms and Conditions

11.75% - 17.90% APR Up to $35,000.00 2% of the statement balance or $25, whichever is greater
Rewards Mastercard

See Terms and Conditions

15.00% - 17.90% APR Up to $35,000.00 2% of the statement balance or $25, whichever is greater
Share-Secured Mastercard

See Terms and Conditions

13.90% APR Up to $5,000.00 2% of the statement balance or $25, whichever is greater
Credit Cards Rates
Credit Cards
Inspire MasterCard

See Terms and Conditions

Rates 13.75% - 17.90% APR
Max Amt. Up to $35,000.00
Monthly Payment
2% of the statement balance or $25, whichever is greater
School Employee Mastercard

See Terms and Conditions

Rates 11.75% - 17.90% APR
Max Amt. Up to $35,000.00
Monthly Payment
2% of the statement balance or $25, whichever is greater
Rewards Mastercard

See Terms and Conditions

Rates 15.00% - 17.90% APR
Max Amt. Up to $35,000.00
Monthly Payment
2% of the statement balance or $25, whichever is greater
Share-Secured Mastercard

See Terms and Conditions

Rates 13.90% APR
Max Amt. Up to $5,000.00
Monthly Payment
2% of the statement balance or $25, whichever is greater

Personal Loans

Personal Loans Rates
Loan Type Range of Rates Maximum Loan Amount Monthly Payment
Overdraft Protection LoanAutomatic payment transfer required. 11.50% - 17.90% APR $5,000.00 3% of the statement balance or $25, whichever is greater
Personal Loan 9.99%2 - 18.00% APR $50,000.00 Estimated payment of $3.23 - $3.62 per $100 borrowed (based on a 36-month term)
Payroll Savings Loan3 17.90% APR $500.00 Ask for details
Loan Type
Overdraft Protection LoanAutomatic payment transfer required.
Range of Rates 11.50% - 17.90% APR
Maximum Loan Amount $5,000.00
Monthly Payment
3% of the statement balance or $25, whichever is greater
Personal Loan
Range of Rates 9.99%2 - 18.00% APR
Maximum Loan Amount $50,000.00
Monthly Payment
Estimated payment of $3.23 - $3.62 per $100 borrowed (based on a 36-month term)
Payroll Savings Loan3
Range of Rates 17.90% APR
Maximum Loan Amount $500.00
Monthly Payment
Ask for details

Certificate-Secured Loan

Certificate-Secured Loan
Certificate-Secured4 2.5% above the rate on your Share Certificate Ask for details
Certificate-Secured Loan
Certificate-Secured4
Rates 2.5% above the rate on your Share Certificate
Ask for details

APR = Annual Percentage Rate

  1. Variable rate, subject to increase after account opening. Share-Secured Mastercard - The APR is currently fixed and will remain fixed for a minimum of one-year after account opening. The APR is subject to change thereafter.
  2. This rate reflects a 0.75% discount for payment made by automatic transfer from your SchoolsFirst FCU account.
  3. Rate subject to change. Five percent of every loan advance will be placed in a "Payroll Savings Share account." Access to this share account will be restricted for 12 months after the opening date of the loan.
  4. You may only use funds in a Share Certificate account (except for Promotional Share Certificates, College Saver, IRA or Deferred Compensation Share Certificates) as specific collateral for a Certificate-Secured loan. Certificate-Secured loans are not available on organizational or business accounts.