Moving you toward the benefits of union membership!
The help you need to pay your Union Initiation Fee so you can do what you do best — with all the benefits of union membership! If approved, we'll send the check directly to your union.
Maximum loan amount: $3,100 (proof of initiation fee required)
Take up to 36-months to repay*
Loan payments are typically around $100/month*
5% of loan value may be required in Savings Account
Posted rate is for qualified members based on a member's creditworthiness.
*Union Initiation Fee loans feature a non-variable annual percentage rate as low as 6.90%. Rates are determined by creditworthiness. Minimum loan amount is $500. Maximum loan amount is $3,100. Payment example: a $3,100 loan amount over a 36-month term at 6.90% APR would result in monthly payments of $95.58. All loans are subject to underwriting guidelines and credit approval. Programs, rates, terms, and conditions are subject to change without notice. Please ask for complete details.
APR = Annual Percentage Rate.
Rates and terms subject to change without notice. As of 01/23/2021