Cash Signature Loans
Cash Signature Loans are available with the maximum loan amount being determined by the member’s gross annual income and their credit worthiness. These loans can be granted with no collateral and can be used for most any needs.
Line of Credit Loans
For your convenience, a line of credit may be approved up to $10,000. Once approved, you may request an advance by phone, mail or in person. These draws can be deposited into your MUNA Federal checking account, wired or disbursement made by check. To qualify for a line of credit loan, the member must have sufficient income.
Share and Certificate Secured Loans
You may borrow up to the available amount invested in your Regular Share Savings for terms up to 120 months. The maximum number of months of repayment is determined at the discretion of the Loan Officer, by using the guideline of a $1000 minimum payback per year. You may also borrow up to the amount invested in a certificate with MUNA Federal.