Members often choose this loan when they expect to pay it off in a short period of time. You agree to leave the same amount of money in your secured CDs as the amount you're borrowing for the term of the loan.
The Advantages
- Rate is reduced 1/2% if you have direct deposit and checking (Premier Advantage member)*
- Moneyworks members (those age 16-22) receive 1/2% reduced rate**
- Quick and easy closing process
- Parents may use their savings as collateral for their child's loan
- Provides an excellent way to establish or re-establish credit
- No approval necessary
- Low interest rate
- Payroll deduction makes it easy
- No fees
How to Get Your Loan
Our easy, one-page loan application is available to you in several ways.
Online Application: You can complete your application online and send it directly to a loan officer over a secure line.
Fax or Mail: You can pick up a loan application at any branch or call us and we will mail one to you. You may use interoffice mail or fax: 419-471-1837.
FIVE EASY WAYS TO MAKE YOUR LOAN PAYMENT
ALL ARE FREE
- Payroll Deduction – if you work for PHS
- From you direct deposit - if you work for someone other than PHS
- Automatic transfers from your account
- Online banking
- Collect Pay allows you to make a payment from another bank
Click here for the link to set up your Collect Pay.
*Immediate family members of Premier Advantage members receive the same loan benefits if co-signed by the premier member.
**Moneyworks member is required to have qualifying credit or parent co-signer.
*All rates and terms are subject to change.
