Credit Cards
IBEW 26 Federal Credit Union offers the Platinum Visa Credit Card at three rates:
9.5% APR*
13.5% APR*
18% APR*
Card Features:
Rates as low as 9.5% APR* but will never be more than 18% APR*
Same APR for purchases and balance transfers
Credit lines from $500 to $15,000
Optional Debt Protection
No annual fee. No membership or participation fees.
*APR = annual percentage rate. Actual rate based on creditworthiness. Members approved for the Platinum Visa Credit Card will receive one of these rates.
Personal Loans
The credit union offers great rates for Personal Loans! Unlike a credit card, a Personal Loan gives you the benefit of a fixed payment and fixed terms. Whether you’re looking to consolidate debt, pay off credit cards, finance your next big purchase, or whatever you may need, we offer a great rate!
Rates start as low as 8.45% APR*
*APR = annual percentage rate. Rates are determined by credit rating and amount financed. You may also be eligible for additional rate discounts. Contact us for more information.
Payment example: For a $1,000 new personal loan for a term of 24 months with an 8.45% APR*, is a $46 monthly payment.
Line of Credit
Protect your IBEW 26 FCU Checking Account and have extra cash for emergencies.
Share Secured Loans
A Share Secured Loan is a loan secured by the funds in your share savings account. Interest rates for a share secured loan are among the lowest we offer! No credit check required or lengthy credit analysis. Flexible financing options with a fixed rate of 3.51% APR* and terms as long as 120 months. Take advantage of the convenience of payments through payroll deduction and never be late!
Apply for a loan or contact us at (301) 306-0610
Payment example: $1,000 new-Share Secured Loan for 36 months with 3.51% APR* is $30 a monthly payment.
*APR = annual percentage rate. Rates are determined by credit rating and amount financed. You may also be eligible for additional rate discounts. Contact us for more information.
Credit Builder Loans
Have no credit?
Need to build credit?
Looking to re-establish credit?
The credit union offers a great loan product: the Credit Builder Loan. The Credit Builder Loan is a secured loan that helps you establish credit. It is available to all members of the credit union and does not go through a lengthy approval process.
Tool Loans
IBEW 26 FCU would like to offer our members who meet certain criteria (e.g., a minimum of six months on the job with a good work record, current union dues, and passing grades in school) a Tool Loan. It would be a $1,000 Signature Loan that must be set up to be paid by payroll deduction. A loan like this makes every new union employee want to join the credit union!