Personal Loan Options

Borrow against money you have on deposit in your Savings, Money Market, or Certificate accounts to qualify for a great loan rate!

*Loan rate = 3.0% above the deposit rate on your account
as long as your deposits are greater than the amount you want to borrow.

Sometimes it’s hard to get by and managing your bills can be difficult. In times of financial trouble, bankruptcy can be a costly mistake. Let us help you help yourself!

Your Community Credit Union can help you manage your debt by combining high interest credit cards and loans into one affordable payment with a reasonable rate of interest. Let one of our loan staff assist you in person at one of our branches or by phoning the Call Center at (434) 528-9016 or (800) 335-0069.

Or contact our partner, GreenPath Financial Wellness, for free one-on-one counseling.

Term Notes are short-term loans that mature in less than one year. These loans can be useful to cover an emergency expense or finance a purchase that you can pay back quickly.

Select the term that best suits your loan needs!

With a variety of options you can select the one that suits your borrowing needs best! There are also options to refinance for up to one year depending on the circumstances.

New to borrowing? That’s okay…. We’ve done this a few (thousand) times so we know how to help! You can get the cash you need and start establishing credit with our loan program for first-time borrowers.

The First Time Borrower Program is designed for any CVFCU member who has no borrowing history and meet financial qualifications. You must be 18 years or older to apply.

With a first-time loan and on-time payments, you’ll be on your way to establishing a strong credit history. Your Community Credit Union believes it’s important to help our members get off on the right foot from the very start!

Available with all loans from CVFCU, this protection will make your loan payments while you are out of work under a doctor’s care. In case of death, your loan will be paid in full. Choose the coverage that works for your situation:

The Credit Union will disclose the cost of this voluntary coverage to you. A separate election form which discloses the terms and conditions must be signed for coverage to become effective.

Whether you’re borrowing to make home improvements or buy a vehicle, it can be a financial gamble because…life happens. You’re betting you can pay back your debt and won’t lose your job (due to no fault of your own), become disabled (due to injury or illness), or pass away—leaving your family responsible for your balance.
Payment Protection* is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. And simple eligibility requirements ease the enrollment process.

If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Payment Protection will cancel or reduce repayment of your loan debt—helping to reduce your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. See your loan officer for complete details.