Personal Loans
Get the money you need when you need it. At Cencap, we offer options to help you. Whether you need to make a large purchase or just need to get away and take a vacation.
PERSONAL LOAN
- Maximum amount that can be borrowed: $50,000
- Fixed Rate
SHARE PLEDGE
Share Pledge is a loan with a Share Account or Share Certificate held as collateral, the amount borrowed is held in reserve as collateral.
- Up to 60-month terms
- Rates are 4% over the prevailing dividend rate of the account being held as collateral
VACATION LOAN
- Vacation loans only available from May 1 – June 30 at special fixed rate
- Up to 12 month terms
- Maximum amount that can be borrowed: $2,000
OPTIONAL LOAN PROTECTION
Cencap Federal Credit Union offers additional and optional insurance plans. These plans are not a deposit, nor is it federally insured by NCUA. The insurance is not guaranteed by the credit union nor an obligation of the credit union. Credit Life and Credit Disability Insurance provide loan payments on the member’s behalf in the event of death or disability. The premiums are based on a percentage of the monthly loan balance. These insurance plans are available on all types of consumer loans.