Loan Department Services
Anyone who lives or works in Stearns, Benton, or Sherburne counties is eligible
for membership at St. Cloud Federal Credit Union.
See our Mortgage Loan
page for information on Mortgage and Real Estate Loans.
St. Cloud Federal Credit Union lends millions of dollars each year to thousands
of members. Members obtain financing through St. Cloud Federal for everything
from automobiles to home improvements to vacations. Loan interest rates are reviewed
regularly to ensure they are competitively priced. All rates and terms are subject
to change without prior notice.
St. Cloud Federal Credit Union may
finance up to 100 percent of the cost of a new car, truck or van, including tax
and license, and mechanical breakdown insurance. The maximum term for this loan
is up to 72 months. Rate, term and down payment are subject to credit & collateral
St. Cloud Federal Credit Union may finance up to 100 percent
of the NADA Book value (call for NADA details). Terms up to 60 months are available.
Rate, term and down payment are subject to credit & collateral approval.
credit union also provides GAP (Guaranteed Asset Protection)
coverage to protect
your investment in your new or used vehicle.
Auto Equity Loan:
purchase (or refinance) a new or used car with an Auto Equity Loan. The auto
loan may be secured by both the vehicle and the member's home with many advantages.
A fixed rate with terms up to 84 months are available. Rate, term and down
payment are subject to credit and collateral approval.
Pre-Approvals of New
and Used Vehicle Loans available:
A member may fill out an application before
she/he starts shopping for a vehicle. Once it's approved, the member may select
a vehicle at his/her leisure. A pre-approved vehicle loan is valid for up to
60 days. Pre-Approved financing may give the member an advantage when bargaining
for the price of the vehicle.
St. Cloud Federal Credit Union
may finance up to 100 percent of the purchase price (tax and license included)
of a new motorcycle, up to 100 percent of the low blue book value of a used
motorcycle. Rate, term and down payment are subject to credit & collateral
EQUITY ONE with Draft (Home Equity Loan):
Equity One with Draft is
a form of revolving credit in which the equity in your home serves as collateral.
Draw out funds as you need them, normally by writing a draft (special check),
up to a predetermined limit. Generally, the interest rate is lower than other
consumer financing options; the amount of money you can borrow is normally
larger than other types of personal loans; and, depending on a person's tax
situation, the interest paid on a home equity loan may be deductible. Equity
One can be used to pay for home improvements, medical bills, education, and
other major expenses.
Line of Credit:
Members can establish an unsecured, open-ended
Line of Credit up to $15,000 (based on creditworthiness) and draw upon it when
Unsecured Installment Loan:
Members can borrow up to $15,000 (based
on credit worthiness) for the purpose of vacation, furniture or other major
purchases. Maximum term is 48 months. NOTE:
The maximum unsecured
amount any member can have with St. Cloud Federal Credit Union is $15,000.
This includes all the types of unsecured loans, MasterCard, Line of Credit,
Checking Line of Credit and all other unsecured or undersecured loans. The
maximum loan amount secured by collateral (car, boat, etc.) is $150,000.
Use our wide variety of calculators
your loan options.
Meet Our Loan Staff
At St. Cloud Federal Credit Union, we offer you a variety of
financing options, aimed at making your monthly payments as low as possible.
Meet our experienced and knowledgeable staff, whose goal is to make our members'
experience a pleasureable one, whether they are buying a car, financing a home
purchase, arranging a home equity line of credit, obtaining a credit card,
and much more.
For Loan Applications, contact our Loan Officers at their direct numbers
listed below their photographs.
Assistant Vice President of Lending
Mortgage Loan Specialist
Mortgage Loan Officer
Mortgage Loan Specialist
For loan support questions, contact our Loan professionals at 320-258-2190
; Toll-free: 1-888-252-2634
. Or contact
Get a Credit Union Car Loan at your local Dealership
Now you can get a low-cost loan from St. Cloud Federal Credit Union right at
the dealership where you're buying your next car --- while you wait! To learn
© St. Cloud Federal Credit Union
(320) 252.2634 or 1.888.252.2634
3030 First Street South, St. Cloud MN 56301
1716 Pine Cone Road South, Sartell MN 56377