KEMBA Credit Union makes loans for all your needs. Most loans are disbursed within 24 hours. Apply for a loan today if you need money for:
- Home Improvements
- Home Furnishings
- Back to School expenses
- Medical Bills
- Legal Fees
- Car/Truck repair
- Moving Expenses
- Wedding Expenses
- Funeral Expenses
- Veterinary Bills
Money currently in a member’s Share Account is frozen and used as collateral to cover the dollar amount of the loan request. The interest rate on a Shared Secured loan is very low. These loans are automatically approved with no credit check. As payments are made and the principal is reduced, a lesser amount is frozen in the Share Account.
When you need cash in a hurry or need to build your credit, KEMBA offers Express Cash in the amount of $250 and will cut your check while you wait!
- 30 day membership
- Direct Deposit Required
- No credit check
- Low interest rate of 9.99% with payroll deduction.
- Loans are written for 90 days with monthly payments
- $25 application fee
- Loans report to all 3 credit reporting agencies
For members who need a little more, $500 Express Cash Loans are available when certain conditions are met.
- Must be on current job for a minimum of 2 years
- Paid two previous Express Cash Loans as agreed
- $50 application fee
- Loans written for 6 months with monthly payments
This program was created for our young adult Credit Union members ages 18-24 with continuous employment of 6 months
or more at the same job position with little or no credit history.
Negative history of any kind disqualifies the applicant from this
program. However, these applicants may apply for a loan with a
The Credit Union will not loan more than 80% of retail on new
vehicles or trade value on used vehicles with a loan payment
maximum of $50 per week. Exceptions may be considered with
the addition of credit disability, life insurance, or a warranty
package from the Credit Union.
KEMBA offers "First Time Borrower" loans to qualified members to establish credit. Click here to check our current rates.
KEMBA offers loans to purchase new and used cars, trucks, SUV's, RV's, boats and motorcycles. Our competitive rates, combined with our convenient payroll deduction and direct deposit capabilities, make KEMBA the best place to borrow!
Call ahead for preapproval. Extend the manufacturer's warranty on your vehicle with a Warranty Package from KEMBA. KEMBA also offers the option of obtaining Credit Life and Credit Disability Insurance on all of our loans. Thinking of looking for a new or used vehicle soon? Call us first!