Midwest America Federal Credit Union
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Personal Loans

Personal Loans

Whether you want to simplify your finances, fix up your home, or pay for a dream vacation, we can help you achieve your goal with a personal loan that's right for you. You might even want to consolidate your monthly bills into one easy payment. This type of loan is unsecured, otherwise known as a signature loan.

Share Secured Loans

  • Can be used for any consumer loan that is to be secured by dollars on deposit in the member's Regular Savings Account.
  • Allows the member a very low rate because the loan is fully secured by money already on deposit at the Credit Union.
  • An excellent loan for anyone who is trying to build or rebuild a positive credit history
  • The money in the savings account is held, but does continue to earn interest for the member during the duration of the loan.
  • Minimum loan amount is $500 and member's account must be open a minimum of ninety (90) days to qualify for a share secured loan.

For current rates check out our Loan Rates page

 
 
 
This credit union is federally insured by the National Credit Union Administration and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000.- learn more.

This credit union is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, the National Credit Union Administration, a U.S. Government Agency, and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000. IRAs are separately insured to $250,000 by the National Credit Union Administration, a US Government Agency, and an additional $250,000 by Excess Share Insurance, for a total of $500,000.

Equal Housing Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.