Loans


Loans

Applying for a loan is simple. Fill out an application: including the amount you are requesting and the purpose of the loan. Provide your photo ID and your proof of income. If it is a car loan, provide the sales slip for the vehicle. The decision is usually made within 3 business days. New members must wait 30 days before applying for a loan. A member's SHARE balance must have the adequate HOLD amount when the loan is funded.

Loan Application

Saint Nicholas Federal Credit Union Loan Rates

Loan Type Rate * Limit Duration
Used Car 4% Up to $20,000 5 Years
Over $20,000 6 Years
Over $30,000 7 Years
Recreational Vehicles 7% Up to $35,000 10 Years
New Car 4% Up to $20,000 5 Years
Over $20,000 6 Years
Over $30,000 7 Years
Personal-5 ** 10% Max $7,500 5 Years
Personal-2 ** 7% Max $5,000 2 Years
Personal-3 ** 8% Max $5,000 3 Years
Personal-4 ** 9% Max $5,000 4 Years
Share Secured 3% (min) Limit Based on Shares
Cosigner 10% Max $10,000 5 Years

* Rate can be lowered by 0.50% if member pays by automatic deposit or bill-pay.

** ALL PERSONAL LOANS REQUIRE A MINIMUM OF 2 LOAN PAYMENTS IN SHARES.

AUTO LOANS REQUIRE 1 LOAN PAYMENT IN SHARES AND MUST COVER THE $20 FEE FOR THE TITLE REGISTRATION WITH VINTEK.

ALL LOANS ARE SUBJECT TO DEBT-TO-INCOME RATIO OF .44% OR LOWER.

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  • Physical Address
    254 South Washington Street
    Wilkes-Barre, PA 18701
  • Postal Address
    P. O. Box 1213
    Wilkes-Barre, PA 18703-1213
  • Hours
    Monday Nights 6:00 PM to 8:30 PM
    Any other time by appointment
    Located in Saint Nicholas Convent
  • Phone
    (570) 825-2640
  • Fax
    (570) 970-2895