Personal Loans

Personal Loans

We’ll get you there because we all need some extra cash every now and then. Need to upgrade your computer? Consolidate your bills? Buy an engagement ring? Finally renovate that tired old kitchen? If so, Salem Seaport has a great way to do it. Talk to us about our personal loans that offer you competitively low fixed rates. Plus, you easily apply online. So if it’s time to clean up your act and buy that new washer and dryer, turn to Salem Seaport.

Salem Seaport Credit Union Personal Loans*

  • Competitive fixed rates
  • Automatically deduct loan payment from your Salem Seaport Credit Union Checking Account
  • Credit Life and Credit Disability payment protection available at a minimal cost
These Rates Accurate as of
Loans Rate APR* Term
Personal Loan 11.50% 11.50% 12
Personal Loan 12.00% 12.00% 24
Personal Loan 13.00% 13.00% 36
Personal Loan 14.00% 14.00% 48
Overdraft Protection 15.00% 15.00% n/a
Share Secured 4.10% 4.10% 60
Fuel Loan 4.99% 4.99% 12

*APR=Annual Percentage Rate. Rates subject to change without notice. Rates shown are for members with the highest credit scores. Other rates are available based on credit score.

Overdraft Protection

  • Available to members who have a checking account
  • Ensures that checks are paid regardless of account balance (up to the limit of your line of credit
  • No overdraft transfer fee
  • Competitive interest rate
  • Loan approval required
  • Can be an automatic transfer of money from your main share account
  • Sweep Accounts and Overdraft Privilege also available - ask us for details

Apply now. We invite you to apply online (, or pick up an application at our Lafayette Street office; it’s next to Salem State University. As always, please don’t hesitate to contact us at 978.744.1153 or if you have any questions.

Personal loans are calculated as simple interest based on unpaid principal.