Loans

We offer a variety of loans for a variety of wants and needs:

Home Mortgages:

  • Purchase and Refinance information found HERE
  • Equity Loans found HERE

Vehicle Loans: Autos, Boats, RVs, Trucks, Motorcycles, ATVs, Scooters, Personal Watercraft, and Snowmobile loan information can be found on the Vehicle Center page found HERE.

Personal Loans:

  1. Signature Loan: Can be used for anything. This loan is a fixed rate and term with a lump sum disbursement.
  2. Personal Line of Credit (PLC): A PLC can help you get the funds you need. Similar to a credit card, your funds become available again, up to your credit limit, as you pay down the balance. It can also be used as overdraft protection for your Progressions Credit Union checking account.

Visa Credit Card Information CLICK HERE

Wealth and Credit Builder Loan: This loan is designed to help our members build savings and credit.

Here is how it works: We issue a loan with a maximum of 24 month term. The loan proceeds are deposited into a savings account which is frozen. You make monthly payments to this loan. Once the loan is paid off, you not only have established credit history, you have established a savings account too!

Savings/Certificate Secured Loans: Pledge your funds on deposit with Progressions to secure your loan proceeds and only pay 3% above the securing savings rate or 3.5% above the securing certificate rate. Your money on deposit continues to earn dividends while you use it to secure your loan.

Rates and Terms for Loans

APPLY NOW