Student Loans

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