Personal and Share Secured

Personal/Signature Loan

This loan is one of the most popular member loans because it can be used to solve a variety of money problems. 

With our Signature/Personal Loan, you never have to wrestle over where you're going on your next vacation, or whether or not you can fit a new computer into your budget. You can borrow the funds you need for 2, 3,or 4 years, at our great, low rate. Take a vacation, buy a computer, fix the car, you name it!

Guidelines for Eligibility

  • Proof of Stable Income
  • Credit History Analysis
  • Employment History Verification
  • Income to Debt analysis
  • Ability of Repayment
  • Meaningful Purpose
  • Member in Good Standing


Share-Secured Loan

Your strong commitment to savings can provide you with the security you need for a loan. 

With the accumulated funds in your share accounts, you can apply for a loan. No need to take the money out.

By pledging your Shares in the credit union for the full period of the loan, you may borrow up to the amount you have pledged for up to 5 years. The following guidelines apply:

  • Dividends continue to be paid as usual on pledged funds.
  • The amount frozen is amortized as the loan is repaid.
  • Total amount of the loan must be secured by shares in account.


Refinancing Loans

If you have already have a home equity, personal, or new or used vehicle, RV, or van loan at another financial institution, you can still take advantage of the great interest rates and flexible terms that Atlantic City Electric Company Employees Federal Credit Union offers its members. Refinance with us today. Our great low rates and terms on refinancing can immediately reduce your monthly payments.

So don’t stay stuck with their rates and payment terms. Refinance with us and save. Consider Direct Deposit and Payroll Deduction and make that saving even easier.