One of the greatest benefits of ElecTel membership is access to affordable, hassle-free unsecured loans. We’ve helped members get the money they need for new appliances, car repairs, dream vacations, and more! You can also consolidate other loans or credit cards into one easy payment.

Nobody really likes to borrow money, but we make it as painless as possible. Our low interest rates mean lower payments for you, and features like payroll deduction and automatic draft make repaying your loan easy.

We offer unsecured loans (no collateral required) up to $30,000, and you can use the money for any purpose!  Members can request each advance separately or apply Opens in New Window/Tabopens in a new window for a pre-approved line of credit. The interest rate is based on the loan term.

  • Unsecured Loan
    Up to $30,000 unsecured; up to 4-year term.
  • Overdraft Protection
    Separate line of credit that advances the amount needed into your checking account in the event of an overdraft. Protects you from the cost and headache of having a check returned for non-sufficient funds. (Included in the credit union’s $30,000 unsecured maximum.)

VISA® Credit Card

If you have a specific need in mind or are just running low on funds, stop worrying about where the money is going to come from. Contact the credit union and we can help make life a little easier! Visit the VISA® website to learn moreopens in a new window.

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