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Auto and Personal Loans |
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CoBCU offers a variety of loans for a variety of purposes, such as the purchase of new or used cars, motorcycles, boats, or recreational vehicles; for the payment of medical expenses, education, taxes, insurance, travel, appliances, home repairs or remodeling; and bill consolidation. CoBCU loan rates are competitive with those that you would find from financial institutions within your community. Please see our Rates section for more information. Loan terms vary by the type of loan. CoBCU offers secured (collateralized) as well as signature (unsecured) loans to meet a variety of needs. Interest charged on a loan is based on a true annual percentage rate that conforms to Truth-in-Lending laws. Loan rates are reviewed as needed to reflect changing market conditions. |
Roy Winter, executive director of Brethren Service Center in New Windsor, Md., appreciates CoBCU’s 0.5 percent loan rate discount for hybrid cars. It reinforces the commitment CoBCU has to representing Brethren values. “We are called to care for all of God’s creation, not just people,” Roy said. “Driving a hybrid car is a way to leave a positive legacy for our children and our grandchildren.” ![]() |
Loan applications are reviewed and approved upon receipt of application. |
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