Unsecured Personal Loans
| Rate (APR*) | Term |
|---|---|
| 9.45% – 17.75% | Up to 48 Months |
Seasonal Loan Promotion Disclosure – Take up to an additional 2.00% off your qualifying interest rate. Account must be set up with Automatic Payments to qualify for 1.00% off. Account must be set up with Direct Deposit to qualify for an additional 1.00% off. Interest rate could be as low as 7.45% APR. Subject to current underwriting guidelines. Certain conditions and restrictions apply.
Holiday Loan Promotion Requirements — Applicant must be a South Texas Credit Union Member for a minimum of six month. Must have one-year employment (or same line of work) or work contract. Be in good standing with credit union on all accounts (ex. Loan, MC, and checking accounts). Must set up Automatic payment and have or open a Stars Checking account. A on time application fee of $25.00 is incurred. First-time applicants qualify for $1,500.00. Second time applicants qualify for $1,800.00. Third time applicants qualify for $2,000.00.
One of the most popular benefits of credit union membership is payroll deduction. With payroll deduction, you can earmark a certain amount from your paycheck to be deposited into regular share accounts and/or to make loan payments.
This service is reserved for employees of school districts who have their paychecks deposited to their STFCU account by their school district automatically each month.
Automatic transfers enable you to set up regular monthly transfers to automatically take place on your accounts and loans.
For instance you can set up for funds to transferred from your share draft to your share account, or vice versa, every month. You can also transfer to other accounts such as your children’s separate STFCU accounts that you are not under your name.
The same can be done for any open loans you might have at the credit union, an automatic transfer will take money from your regular share accounts and pay your STFCU loan on the due date or any time after (if funds are not available on due date). This loan payment option is very useful especially for those of us who sometimes forget our due dates because of our busy schedules.
*APR = Annual Percentage Rate
The Board of Directors, as required by law, reviewed and set the rates effective February 20, 2020. Risk based lending guidelines are followed as per federal regulation. Rates are subject to change without prior notice. For further information regarding applicable fees and terms, contact an employee at any South Texas Federal Credit Union office.
