Secured & Unsecured Loans

Holiday Helper Loan

The Holiday Helper loan is designed to help reduce the added stress that comes along with the Holiday season.  The loan features a 12 month repayment term, a fixed interest rate, and a low application fee, which allows for a payment that is easy to afford. The approval process is simple, you must be a member in good standing and have a minimum verifiable net income. Pay your loan on time each month, remain in good standing and meet the minimum income requirements and you can ask for your loan to be replenished once you have paid it back in full.  Holiday loans are available from October 1st through December 31st annually.


Personal Secured Loan

The PrimeSource Personal Secured Loan can be used for any reason, from purchasing a jet ski or to consolidate bills. You’ll receive a lower rate than the signature loan because the loan is backed by titled collateral.

Types of collateral that can be used to secure a personal secured loan:

Personal Watercraft (Jet Ski)

All Terrain Vehicles (ATVs)

Snowmobiles and small motorcycles under 750cc.

Call today and ask for the loan department for more specifics.


Personal Unsecured Loans

Unsecured Personal Loans can provide excellent relief for any purpose including vacations, debt consolidation, home improvements, car repair or unforseen emergencies.

No collateral required

Terms up to 60 months

Quick loan approval process


Prime Personal Line of Credit

Get the cash you need, when you need it.

The Prime Personal Line of Credit offers the flexibility of a revolving line of credit, with the ability to access funds whenever you need the money! You do not have to have the loan secured and you don’t have to own a home or property to qualify. Use the Prime Personal Line of Credit is a financial cushion that may provide you with a better rate than most major credit cards. You’ll have convenient access to cash when you need it.

Visit a branch or It’s Me 247 Online Banking to access your Prime Personal Line of Credit.

Vacations

Computers

Weddings

Education and classes

New Furniture

Consolidate Bills

Emergency Cash

Stereos and Electronics

Sports Equipment like golf clubs, skis, bicycles…
Tools

You name it!


Boat & RV Loans

Let us help you with your boat, RV and recreational needs. We offer competitive rates for boats and RVs.

Flexible terms up to 180 months

Minimum amount financed $30,000 for terms over 120 months.

Up to 100% financing O.A.C.


Share Secured Loan


The PrimeSource Shared Secured Loan is a great way to establish or repair credit. If you have funds available for a special purchase, but don’t want to use all of your savings, then you may want to consider a PrimeSource Credit Union Share Secured Loan.You may use the funds in your Savings, Certificate or Money Market Account as security against the loan. You’ll enjoy low rates while you continue to earn dividends on your other account.


PrimeSource-4-Cash

PrimeSource-4-Cash is a payday loan alternative designed to help ease the stretch until payday when you’re confronted with unexpected expenses. It’s a smarter and safer choice than standard payday loans that can have high fees and interest rates.

Who is eligible to apply?

To be eligible you must be a PrimeSource Credit Union (PSCU) member in good-standing; at least 18 years old; have a PSCU savings or checking account; be employed or receive a verifiable fixed income; and not be in the process of filing for bankruptcy.

What amount of cash can I borrow?

Any amount from $100 to $700. Your income must be at least twice the loan amount requested.

What is the term of the loan?

45 days from the date of advance which is longer than most traditional payday lenders. Automatic payment is required and may be made any day up to the due date.

Are there any loan fees?

There is not an application fee. There is a small fee of $10.00 for every $100 borrowed,* which is less than you could expect to pay elsewhere.

How do I apply?

It’s fast and easy to apply online or in person.

What documents are required?

If you have direct deposit to your PSCU checking or savings account and will be paying the loan from that account, no additional documentation is required besides valid identification. If you are making payments from another account other than PSCU you will need to provide a copy of your current bank statement, a voided check and valid identification. A copy of a current pay stub and valid identification is also required if you do not have direct deposit to PSCU.

What makes this so fast?

No conventional credit check is required, just proof that you are employed (by providing a recent pay stub or direct deposit slip). Once you have provided this information we’ll have your answer fast, usually within minutes!

 Not a PrimeSource Member?

You can join! If you live, work or worship within the state of Washington you are eligible. There are other ways you may be eligible, so be sure to call us to find out if you qualify. A $20.00 membership fee is required upon joining.

*PrimeSource-4-Cash loans are due in full 45 days from the advance date. Advance fees are a finance charge and the corresponding annual percentage rate (APR) is 81.11%. For example, a $100 loan will be assessed a $10.00 fee and a $325.00 loan will be assessed a $32.50 fee.