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Signature/Personal Loans

You can borrow money on your signature for any reasonable purpose. You can borrow money for vacations, to pay bills, to pay for your daughter's wedding, or for that minor emergency that just seems to appear.

Line-of-Credit Loan

MiddConn offers a revolving line-of-credit loan that can be tied to your share draft/checking account. This affordable overdraft protection loan may help prevent bounced checks.

Student Loans

Governor Rell Student Loan Program

MiddConn Federal Credit Union is a proud participant of the student loan program initiated by Governor Rell and the Connecticut Credit Union League. 

This program provides financing for vocational training or higher education to individuals that may not have qualified for traditional loans or have already used all other resources available to fund tuition expenses.

Features include:
  *  No application fee
  *  Fixed rate of 5.75% Annual Percentage Rate
  *  Terms up to 120 months
  *  Monthly prinicipal and interest payments (not deferred)
  *  Minimum of $1,000 annual repayment
  *  No prepayment penalty

Eligibility
  *  Enrollment must be at an accredited school and is for current course or semester only. 
  *  Be a member in good standing and not in default on any student educational loan at the current or previous school

 

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