Consumer Loans

Low cost loans are a key benefit of Credit Union membership. SESLOC offers a variety of loans at reasonable rates.

Signature Loans

This is an unsecured loan for a selected term that can be used for many purposes. It includes a fixed interest rate and easy repayment with periodic payment, payroll deduction, and online transfers.

Share Savings Secured Loans

This low cost loan is a good way to establish credit. Your savings account continues to earn dividends while you establish a loan repayment history.

• Loan is secured by funds in the share savings account
• Borrow the value of the savings account, less the $5 minimum balance
• Rate is 3% over the share savings rate, or 4%, whichever is greater
• Terms up to 60 months

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Share Certificate Secured Loans

Secured by funds in an individual share certificate (excluding IRAs or other tax sheltered certificates), this loan continues to earn dividends while you pay it down.

• Borrow up to 100% of the share certificate value
• Rate is 3% over the certificate rate, or 4%, whichever is greater
• Terms up to 60 months or up to the remaining term of the share certificate

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Computer Equipment Loans

Finance your new computer, printer, scanner, and other peripheral equipment.

• Borrow up to $5,000
• Terms up to 36 months
• Merchant invoice required

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Youth Agricultural Loans

This unique loan helps young members get started on their next animal project.

• Borrow up to $1,500 for a one-year term
• Make one payment of principle and interest
• Payment due in full in 12 months or when the animal is sold
• Requires a parent as co-signer

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