BNA Federal Credit Union offers a wide variety of loans. Loans can be made in person or by downloading the PDF version of the application and submitting it to the credit union. To get an approximate monthly payment just click loan calculator. For application forms click here.
Credit union members may have one unsecured loan and up to three secured loans.
Types of BNA Federal Credit Union Loans
- Signature Loan (Unsecured)
Loan that is not backed by any collateral. Maximum loan amount is $10,000 with a 5-year repayment period.
- Business Funding Loan
Loan that is fully secured by a member's small business checking or savings cash-flow. Based on business bank statements and sales deposits. Business Funding is underwritten by Green Capital, Advantage, or Merchant Advance Funding.
- Spot Loan
Loans are paid in a short amount of time and will be guaranteed by the member’s payroll deductions. These loans are only available to current employees of BBNA.
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New Auto Loan
A new automobile is defined as a current year vehicle or one that is not more than one year old that has never been titled. The credit union will finance 100% of the purchase invoice not including tax, tags, and title.
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Used Auto Loan
A used automobile is defined as vehicle that has been titled. The credit union will finance the lesser of the NADA Blue Book loan value or purchase invoice, not including tax, tags, and title.
- Tuition Aid Loan
Educational bridge loans are available for a maximum amount of $1,000.
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