Personal Loans

L.C.E. Federal Credit Union offers a variety of loans for nearly any reason. Call or visit either of our branches to find out which loan best suits your needs. Approval is based on credit performance, employment history, monthly income, and your debt to income ratio. Your interest rate is based solely on your credit score. Click Apply Now and get pre-approved today! 
To see our rates, click here.

Signature Loans

Members can borrow up to $15,000 for a maximum term of 60 months. Throughout the year the credit union offers loan specials and promotions with reduced rates.

Share Secured Loans

Secure your loan with your savings or certificate. Borrow up to the dollar amount in your savings or certificate while earning dividends. The maximum term is 60 months. Please call the credit union for current rates.

Credit Builder Loans

This is a share secured loan which is designed to help members build or repair credit history, regardless of whether they have funds to pledge as collateral. Loans proceeds are immediately deposited in a member’s share account and placed on hold for the duration of the loan. Gradual de-pledging is not permitted. Once the loan is has been paid in full, the hold is removed and the funds are made available to the member. The member has “earned” their loan proceeds through completing the loan repayment, while also building credit history. There is a $5 application fee.

Overdraft Loans

A $200 loan is available to protect your checking account from NSF’s. If you overdraft, the amount necessary to clear the check or debit will be transferred. There is no fee for this service. You pay the current interest rate calculated from the date of the transfer to the date you clear the overdraft balance. If you carry a balance, $20.00 will automatically transfer from your checking account to the overdraft loan at the end of each month until the loan is paid in full.  Click here to apply.