Loan amounts vary based on your credit profile, income, and ability to repay. Our loan specialists can help you understand what options may be available to you.

No, there are no application fees when applying for one of our personal loans. There are also no prepayment penalties on our personal loans.

Certificate Secured Loans: No credit report necessary. The loan is a balloon note, with Payment in full due on the maturity date of the certificate.

• Minimum Loan: $500
• Interest Rate: Less than one (1) month – 24 months – 4.00% over current dividend rate being earned on a certificate
  • 25-60 months – 5.00% over current dividend rate being earned on a certificate
• Terms: Loan is only for the duration of the certificate.

Secured Loans: No Credit report necessary. Members may borrow up to 90% of the amount held as collateral in a savings account. Excluded are Holiday and Vacation Club Accounts and IRAs.

• Minimum Loan: $500
• Terms:
  • 6-24 months – 4.00% over current dividend rate being earned
  • 25-144 months – 5.00% over current dividend rate being earned
  • Refer to Dividend Rate Table and use Savings Account balance (not the loan balance) to determine correct AP.

Our Loan Skip-A-Pay option is available to members with loans that meet the guidelines below. Other eligibility restrictions apply. Please contact us for complete details.

• Your loan must be either an Auto or Signature Loan with terms less than 66 months.
• Credit Cards, Home Equity Loans, Home Equity Line of Credit, and First Mortgages are not eligible.
• Member Account must be in good standing.
• The loan to be skipped cannot be more than 30 days past due.
• New loans must have at least six months of consecutive payments made on time to be eligible.
• Only two skips per loan per rolling 12-month period (maximum of six for the life of the loan) are allowed.
• Loans that are on our Summer Skip Repayment schedule are exempt from the Skip-A-Pay program.

Our Skip-A-Pay Program charges a small processing fee of $35 to skip loans with balances less than $50,000 and $50 for all other loan balances.

If you hold multiple eligible loans and wish to skip payments on more than one of them, the processing fee applies to each loan. Your finance charges will also continue to accrue during the month skipped.

Complete our Skip-A-Pay loan application and return it to First Harvest Credit Union at least two business days prior to your loan payment due date. All parties on the loan must sign the application form.

First Harvest reserves the right to determine if prior or subsequent actions may disqualify the loan.

• Any skipped payment will cause the loan to extend beyond the original maturity date, which may change the total amount and schedule of repayments. All other terms and conditions of the loan will remain unchanged.
• GAP Insurance coverage (on auto loans if applicable) will not extend beyond the original maturity date of the loan.
• The fee is due and payable at the time of the request. With your authorization, the fee may be transferred from your savings or checking account here at First Harvest.
• Requests must be made at least two business days before the due date of the loan.
• If a payment is due weekly, four consecutive payments will be skipped. If a payment is due biweekly or semimonthly, two consecutive payments will be skipped. If payments are due monthly, one monthly payment will be skipped.
• Maximum of six skips over the life of the loan.

First Harvest reserves the right to determine if prior or subsequent actions may disqualify the loan.