Online Banking

575 N. Broadway
Aurora, IL 60505
(630) 859-2276

Signature loans are unsecured loans granted based on a member’s character and the ability to repay. How much a member can borrow on this type of loan is based on a member’s credit score.

A signature loan is usually used for some type of emergency funds: the refrigerator needs to be replaced, the furnace is at the end of its life, or maybe for the much needed car repairs.

Both the credit card loan and the signature loan do not require any collateral. They are both based on your signature and the ability to repay. Therefore, the credit limit allowable is based on a member’s credit score for both the VISA credit card AND the signature loan. If the member qualifies for a credit limit of $5,000 and this is on the member’s credit card, the member would not qualify for a separate signature loan. If a member qualifies for a credit limit of $7,500 and the credit card limit is $5,000, this member could qualify for an additional $2,500 as a separate signature loan. Apply Now.