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Other Loans

Get access to funds for the things you need.

Other Loans

Computer Loan

Don't use a credit card with a high interest-rate to buy your computer! Finance your computer purchase with the Credit Union and save.

A Credit Union Computer Loan features:

  • An amazingly low 9.39% APR1
  • 100% financing up to $2,500
  • Flexible terms up to 72 months1
  • Convenient repayment option (enroll in direct deposit or auto transfer to repay your loan and receive the maximum loan discount)
  • No summer payments required2
  • No application or hidden fees

1APR = Annual Percentage Rate. 9.39% APR requires enrollment in direct deposit or auto transfer to repay your loan, and borrower must provide computer order form. Example: 72 payments of $18.30 per $1,000 borrowed based upon a 9.39% APR. All Credit Union loans are subject to approval. Funds will be deposited into your Credit Union checking or savings account.

2No summer payments are required if member is enrolled on a 10-month school payroll plan.

National Board Certification Loan

EdFed supports teachers' efforts to gain National Board Certification. Help defray costs with a National Board Certification loan.

Benefits include:

  • Loan amounts up to $2,5001
  • Take up to 24-months to repay
  • Conveniently repay through direct deposit
  • Special, low financing available
  • No prepayment penalties
  • No application service fees

Payday Line of Credit

If you are ever short on cash and need an advance before your next paycheck, EdFed has you covered! With a Payday Line of Credit, EdFed will help you meet your financial needs before your official payday. With loan amounts up to $1,0001 and no fees, the EdFed Payday Line of Credit is an excellent alternative to traditional payday loans.

Eligibility Requirements

  • Account open at least 120 days before the loan application
  • No Bankruptcy within the last 24 months
  • No existing delinquent loans with the Credit Union
  • Cannot have caused a loss to the Credit Union of any kind
  • No prior Payday Lines of Credit closed within six months

Call the Lending Center for more information on our payday loans today! 305-273-LOAN (5626)

1All loans are subject to credit approval and are granted based on individual creditworthiness and ability to repay. Not all borrowers may qualify for $1,000 credit limit.

Personal Line of Credit

A Personal Line of Credit loan is a revolving or open-end credit loan because the length of the loan (term) is not fixed — it's ongoing. As you make payments and pay down the loan balance, you can advance any available amount as you would a credit card. The loan offers low rates and low minimum monthly payments.

Signature Loan

Are you worried about unexpected expenses or being in a financial pinch this holiday season? When you need quick access to cash, the EdFed Signature Loan is here to help! Enjoy rates as low as 9.89% APR1 and make no payments for 90 days2 when you take advantage of this limited-time offer.

1 APR = Annual Percentage Rate. All loans are subject to approval and are granted based on individual creditworthiness, the ability to repay and credit score. Quoted rates include a 0.10% discount for electronic loan payment. Electronic payments may be made by payroll deduction or Automatic Transfer. Rates shown may not apply to every borrower. Rates quoted are subject to change.

2 The 90-day payment deferral offer is available on all Signature loans. Finance charges begin from the date of loan disbursement. Loan must be funded by 12/31/2023. Offer not valid on existing loans and cannot be combined with any other programs or offers except the Summer Skip Program. For example, a $1,000.00 loan with a 12-month term at 9.89% will have monthly payments of $89.24.

Share Certificate Loan

Lower interest rates are available to members who pledge their share certificates as collateral. You continue to earn dividends on the funds held as collateral.

Share Secured Loan

Lower interest rates are available to members who pledge their savings as collateral. You continue to earn dividends on the funds held as collateral.