*This product replaces the former Payday Alternative Loan (PAL)
Personal loans
Finance any need, and leave your savings untouched.
Get financing for a wide range of needs from a loan that’s truly personal. We’re your neighbors and want to see you living life to the fullest. A personal loan helps you fund summer fun, gets your dream project off the ground, or gives you something to fall back on when emergencies occur.
*This product replaces the former Payday Alternative Loan (PAL)
- Competitive rates for a wide variety of personal needs
- Repayment terms customized to fit your unique needs
Note: Loan products are not federally insured by NCUA
- Secured and unsecured loans available
- Local decision-making and processing in Delaware
- Attentive, friendly service from knowledgeable staff—from start to finish
- Competitive rates for a wide variety of personal needs
- Repayment terms customized to fit your unique needs
- Secured and unsecured loans available
- Local decision-making and processing in Delaware
- Attentive, friendly service from knowledgeable staff—from start to finish
Note: Loan products are not federally insured by NCUA
Current loan rates
| Account | APRA |
|---|---|
| Share Secured | current share rate plus 3% |
| Personal** Rates as low as… | 8.00% |
| Minimum Loan Repayment Term | no minimum term |
| VisaD | 0% intro. As low as 14.00% up to…18.00% |
| New Vehicle1 E Rates as low as… | 5.88% |
| Used Vehicle2 E Rates as low as… | 5.88% |
| Motorcycle**F Rates as low as… | 8.00% |
| Boat** Rates as low as… | 10.25% |
| Home Equity Loans Rates as low as… | 6.25% |
| Home Equity Line of Credit (HELOC) Rates as low as… | 7.50%C |
**Rate includes up to .50% discount for having direct deposit and auto pay to loan from Del-One checking account, not to go lower than floor rate. Discount of .25% for auto pay to loan.
A) A.P.R.= Annual Percentage Rate
B) Rates may vary based on term, down payment, credit worthiness and age of vehicle (for used)
C) Rates may vary based on credit worthiness
D) Rates based on the Prime Rate of 9/1/2024
E) Additional .25% will be deducted as Green Auto Discount for any purchase of an Electric Vehicle, Hybrid, Fuel Cell, Plug-In Hybrid Electric Vehicle or Tesla
F) Lowest rates available for Indian and Harley Davidison motorcycles only
1. New Vehicles include: Auto, Truck & Van
2. Used Vehicles include: Auto, Truck & Van
Effective 11/1/2024
Rates subject to change. Rates accurate as of above listed date. Other terms and rates available. Members may contact any CU staff member for further info. on applicable fees and terms.
Plan For The Unexpected
Does your family have a safety net if the unexpected hits? Click here to learn more about our optional debt protection, to protect your new/existing loan(s), or to file a claim.
Seeking a Higher Loan Limit?
- Deposit money in a shares or shares certificate account and borrow the full amount of the loan at a special low, fixed rate. Secured shares (money in your account) are released as the principal payments are made. Your shares continue to earn dividends while you pay low monthly payments on your loan.
- Because they are backed by collateral, secured loans offer higher credit limits than unsecured ones. That is why typically unsecured loans are only taken out for paying off taxes, auto repairs, home improvements, and debt consolidation.
We’ve partnered with GreenPath™ to offer a plethora of financial education resources and courses designed to provide education and value to members exploring various products and services! Check out our co-branded free online course on lending and credit score:
HELPING MEMBERS REACH THEIR GOALS SINCE 1960
Del-One Federal Credit Union
Helping Members Reach Their Goals
Since 1960
Del-One Federal Credit Union
