Personal Loans

Custom fit a loan to your needs and budget. For the qualified member, a personal loans is the easiest way to get the money you need, for the purpose you need. Whether it’s planning a wedding, redoing your basement, or going on a celebratory vacation, DGEFCU can help maximize your borrowing plan.

Signature Loans

  • Approval based on ability to repay without requiring collateral.
  • Terms up to 60 months.
  • Maximum loan amount $15,000.
  • No collateral required.
  • Repayment based on recurrence of expenses.
  • Counts towards CU*Perks eligibility.

Secured Personal Loans

To obtain a lower rate for a personal loan, members can use their savings funds on account as security. You choose between your savings or a term certificate. Both will continue to earn dividends while you get a lower rate on your loan. Your money works harder for you.

  • Low rates—dividend rate plus 3%.
  • Terms to 60 months for share secured.
  • Terms available up to the maturity date of the certificate.
  • Counts towards CU*Perks eligibility.

Rapid Anticipation Loans

A low cost, short-term loan based on your anticipated refund from annual federal taxes. A better alternative to higher cost loans offered by tax preparation services.

  • Low $20 application fee.
  • Low 12.95% APR* until the refund is deposited.
  • Interest accrues only on the days the loan is outstanding.
  • Loan is paid automatically from tax refund direct deposit.

PayDay Advance Loans

A low cost, short-term loan based on your anticipated payroll deposit.  Use as an emergency loan to help when budget funds fall shorter than anticipated. A better alternative to higher cost loans offered by PayDay lenders.

  • Maximum loan of $1,000.
  • Payable over 60 days via payroll allotment.
  • Available once a quarter.
  • Interest accrues only for the duration of the loan.

Apply for Your Personal Loan Today

*APR Annual Percentage Rate