Need Money? We Got You.
Communication Federal Credit Union’s Flex loans allow borrowers to put funds wherever they need them most. It is similar to a credit card and gives you access whenever you want it without having to get loan approval every time. Apply online with our loan application today!
- Credit limits up to $10,000
- Low, variable interest rate
- Can be used as overdraft protection*
- Minimum monthly payments will be calculated based upon the outstanding loan balance of the previous month end as follows:
| Loan Balance | Payment |
| $0.01 – $500.00 | $50.00 |
| $500.01 – $1,000.00 | $51.00 |
| $1,000.01 – $2,000.00 | $66.00 |
| $2,000.01 – $4,000.00 | $104.00 |
| $4,000.01 – $6,000.00 | $152.00 |
| $6,000.01 – $8,000.00 | $204.00 |
| $8,000.01 – $10,000.00 | $248.00 |
There are three easy ways to access funds from your Flex Loan:
- Write a check from your CFCU checking account and CFCU will pay the full amount, up to the limit of your loan
- Request the funds at a branch or call to advance funds into your checking or savings account
- Use CFCU’s online banking as a way to advance money into your checking or savings account
If you’d like more information about Communication Federal Credit Union’s Flex Loan please visit your CFCU local branch or call 800.522.3535. We’ll be happy to answer your questions and help you open your account and apply for a loan online!
*All offers subject to credit union approval. You must request setup and have available credit to use a flex loan as overdraft protection. Fees for automatic transfers to cover purchases will apply.