Personal Loans & Share Secured Loans
Life doesn’t always go as planned. Whether you need to cover an unexpected expense, consolidate higher-interest debt, or finance a project around the house, a personal loan from Members Source gives you the flexibility you need with no application or origination fees. We work with members across Lake County to find loan terms that fit their budget — not the other way around.
A share secured loan lets you borrow against the savings you already have on deposit with MSCU. It’s a smart option if you want to build or rebuild your credit, or simply prefer not to dip into your savings directly. The best part? Your savings used as collateral still earn dividends while you repay the loan.
Personal Loan
Whether you want to take a dream vacation, need to make car repairs, purchase furniture or electronics, or cover medical or other unexpected expenses, a Personal Loan from Members Source Credit Union might be the answer.
- Can be used for any purpose.
- No application or loan origination fees.
- Flexible terms up to 60 months*
- Borrow up to $7,500*
Personal Loan Rates
Rates Effective: June 1, 2026
| Amount | APR as low as* |
|---|---|
| Minimum $300 - Maximum $7,500 | 12.25% |
| Amount | |
|---|---|
| Minimum $300 - Maximum $7,500 | 12.25% |
*Actual Annual Percentage Rate (APR) determined by borrower's credit score.
Credit criteria must be met to qualify. APR listed includes discount of .25% for direct deposit and/or
autopay and .25% for eStatements.
Share Secured Loan
A Share Secured Loans offers an option to use available shares as collateral. Whether you need to build or rebuild your credit or just don’t want to use your savings, a Share Secured Loan might be the option for you!
- Share savings used as collateral still earn dividends
- Can be used for any purpose
- Options to borrow up to 50% or 100% of available share savings*
- Flexible terms up to 72 months*
50% Share Secured Loan Rates
Rates Effective: June 1, 2026
| Term | APR as low as* |
|---|---|
| Contact Credit Union | 4.75% |
| Term | |
|---|---|
| Contact Credit Union | 4.75% |
*Actual Annual Percentage Rate (APR) determined by borrower's credit score.
Credit criteria must be met to qualify.
100% Share Secured Loan Rates
Rates Effective: June 1, 2026
| Term | APR as low as* |
|---|---|
| Contact Credit Union | 4.00% |
| Term | |
|---|---|
| Contact Credit Union | 4.00% |
*Actual Annual Percentage Rate (APR) determined by borrower's credit score.
Credit criteria must be met to qualify.
Ready to become a member?
Join today and start taking advantage of everything Members Source has to offer.
