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Personal Loans

Whether you need to get through an unexpected emergency, or want to celebrate one of life's big events, turn to your friends at the credit union for affordable personal loans. Many of our loans include Loan Protection Coverage, which pays your balance in the unlikely event that you pass away before your loan payoff.

Personal/Signature Loan

If you're making a major purchase - engagement ring, new furniture, big screen TV - our personal/signature loans offer a rate lower than most credit cards and flexible terms.

Share Secured Loan

If you need cash but don't want to deplete your savings, consider a loan secured by your Share Savings account. You can borrow up to the amount available in your account and enjoy flexible repayment terms. Most important, because the loan is secured by your savings balance, the interest rate is the lowest we offer on any loan.


Smarter than a payday loan, an InstantLoan is the low-cost alternative you can trust. Click here to print a quick LoanApplication. Our InstantLoan is available to members at a comparatively low rate in three options:

  • $500
  • $1,000
  • $2,000

These loans require NO CREDIT CHECK and include an option for FREE confidential budget counseling.

Check our current loan rates and apply online today! Or feel free to contact us with any questions.

For $500 InstantLoan, the total repayment will be $520.98; for $1000 InstantLoan, the total repayment will be 1074.18; for $2000 InstantLoan, the total repayment will be $2197.44. InstantLoan borrowers must be at least 18 years old; be a member in good standing at the MWRD Employees' Credit Union (currently no overdrawn accounts or delinquent payments); have provided a verifiable home address and home & work telephone numbers; currently be enrolled in payroll deduction or direct deposit; have not declared bankruptcy; not currently have another InstantLoan. (Advances must be paid in full prior to new advances); initial the Truth-in-Lending information provided. Final loan approval is subject to our usual credit requirements, including verification of income and debts. Contact MWRD Employees' Credit Union for further details. Loans currently financed through MWRD Employees' Credit Union not eligible for refinancing.