Student Loans

It’s all about you. You have enough to worry about with reading assignments, writing papers, lab work, and studying, studying, studying. At Salem Seaport, we have a fantastic suite of student services that can help you easily and conveniently manage your money. These services include a whole bunch of free stuff such as Online Banking, Mobile Banking, Unlimited Bill Pay, eStatements, an awesome Debit Card, and access to almost 3,000 surcharge-free ATMS in the state (and many more throughout the country); all you have to do is look for the SUM logo. And if you want to talk to someone face-to-face, we’re just steps from the North Campus. Are you ready to get started?

Student Checking

• Student ID required to open account
• No minimum balance required
• No monthly service fee
• No per-check charge
• Free first order of standard checks (50 checks)
• Convenient monthly statements
• 24-hour Automated Teller Machine (ATM) access* (member of the SUM Network) with MasterMoney™ Debit Card
• Purchases are automatically deducted from your checking account and appear on your monthly statement
• Free 24-hour access to CU Audio telephone response system
• Free Online Banking with Unlimited Bill Pay
• Free eStatements

* Our ATM is like a 24-hour mini branch where you can make withdrawals (as little as $5 per transaction), deposits, transfers and check balances. If you’re working, ask about Direct Deposit so you can have immediate access to your funds.

Easy Access Services

• Free Mobile Money™
• Free Online Banking
• Free Online Unlimited Bill Payment
• Free eStatements
• Free 24-hour Audio Response

Mobile Money™

• Have a mobile device that can send and receive text messages or has access to the Internet
• View account balances
• View account transactions
• Transfer funds between your checking or savings accounts and more
• Personal information is completely protected

MasterMoney™ Debit Card

• Breeze through checkout lines
• Use it anywhere you see the MasterCard symbol
• Feel free without having to carry cash, write checks or get bogged down with lots of change in your pockets
• Purchases deducted from your chosen Salem Seaport checking account
• Protected by FraudWatch® Plus from identity theft, fraud and unauthorized charges

Overdraft Protection

• Available to members who have a checking account
• Way to ensure your checks are paid regardless of account balance
• No overdraft transfer fee
• Competitive interest rate. See rates for more information.
• 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

Student Loans

• Zero origination and prepayment fees
• Low interest rates
• The option to defer all loan repayments until after you graduate
• Convenient financing plans*
• Flexible repayment terms
• Learn more about the Student Choice Loan Program or for a list of participating schools, go to seaportcu.org and look under “Student Loans”

* Subject to credit qualifications and annual credit review.

Auto Loans

• New or used
• Cars, trucks, recreational vehicles or motorcycles
• Competitive rates
• Convenient terms