Loans

New Auto Loans

St. Anne Credit Union requires no down payment on new auto loans. Terms range from 2 to 6 years.

Before your loan can be finalized, we will need the following:

  • Main Share Account with $25.00 minimum balance
  • Proof of income (copy of recent pay stub)
  • $21.00 fee for Single Vendor’s Interest Insurance will be added to the loan amount
  • Insurance Binder
  • Copy of Purchase Contract*
  • Copy of RMV-1 form.*
  • GAP Insurance is available at a cost of $300.00

Note: We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894

* On refinances, we will need a copy of registration and a copy of financial note in place of these forms. We will also need $25.00 for the MADOT (Mass Department of Transportation) to add us as the Lienholder.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

To apply for an loan, please use the Loan Application entry in the Loans drop down menu.

New Motorcycle Loans

St. Anne Credit Union requires a 10% down payment on new motorcycle loans. Terms range from 2 to 4 years.

Before your loan can be finalized, we will need the following:

  • Main Share Account with $25.00 minimum balance
  • Proof of income (copy of recent pay stub)
  • $21.00 fee for Single Vendor’s Interest Insurance will be added to the loan amount
  • Insurance Binder
  • Copy of Purchase Contract*
  • Copy of RMV-1 form.*

Note: We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

To apply for an loan, please use the Loan Application entry in the Loans drop down menu.

Used Auto Loans

St. Anne Credit Union requires no down payment on used auto loans -model years 2004 and newer. Terms range from 2 to 5
years, depending on the model year.

Before your loan can be finalized, we will need the following:

  • Main Share Account with $25.00 minimum balance
  • Proof of income (copy of recent pay stub)
  • $21.00 fee for Single Vendor’s Interest Insurance will be added to the loan amount
  • Insurance Binder
  • Copy of Purchase Contract*
  • Copy of RMV-1 form.*
  • GAP Insurance is available at a cost of $300.00

Note: We must be listed as:
St. Anne Credit Union
93 Union Street
New Bedford, MA. 02740-6361
Lienholder Code: #1894

* On refinances, we will need a copy of registration and a copy of financial note in place of these forms. We will also need $25.00 for the MADOT (Mass Department of Transportation) to add us as the Lienholder.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

To apply for an loan, please use the Loan Application entry in the Loans drop down menu.

Personal Loans

Borrow from $500.00 to $10,000.00 for terms ranging from 1 to 4 years. Amounts over $6,000.00 require two signatures on the loan. Watch for special loans through the year.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

To apply for an loan, please use the Loan Application entry in the Loans drop down menu.

Share Loans

This type of loan is secured by your Main Share Account. You can borrow up to 100% of the balance in your account for 3% over the current share rate. You still earn interest on your savings. The maximum term is 48 months. Monthly payments of principal and interest are required.

Loans secured by Certificates of Deposit accounts are also available at a rate of 3% over the rate you are receiving on your CD. Your loan will mature on the same day the CD securing it does.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

To apply for an loan, please use the Loan Application entry in the Loans drop down menu.

Equity Loans

This is a fixed rate loan on your home. St. Anne Credit Union will loan up to $125,000. We can loan up to 75% of the value of your home less your first mortgage. The terms are five to fifteen years. The closing fees are attorney fees, recording fees at the Registry of Deeds, Flood Determination Certificate, and Credit Report fee, all paid by the credit union. Your cost will be $350.00 for the appraisal fee. The loan is available on owner occupied property only.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

Equity Line of Credit

St. Anne Credit Union will loan up to $125,000. We can loan up to 75% of the value of your home less your first mortgage. The loan is available on owner occupied property only. The closing fees paid by the credit union and you are responsible for the $350.00 appraisal fee.  Net proceeds are available after the three days rescission period.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.

Mortgage Loans

We offer fixed rate mortgages from 5 to 30 years. Please call for current information on our mortgage plans.

Please Note: Terms and conditions are subject to change without notice. Please contact the credit union for current requirements.