Other Loan Options:

Student Choice

Student Loans

Student Choice: A BETTER Way to Pay for College

We understand that federal student aid is often not enough to fund a college education. That's why we are now offering our members the Student Choice Loan Program.

The Credit Union Student Choice private loan solution can help you fill the funding gaps that federal aid may leave behind. With low rates and fewer fees, including no origination fee, you could save hundreds of dollars per year by choosing Student Choice as opposed to an "alternative lender".

Mountain Laurel Federal Credit Union exists for a single purpose - to serve our members and help them build strong financial futures. We fully understand that a college education is often a part of that future, and we are here to help. As a not-for-profit financial cooperative, our Credit Union is proud to offer better rates and lower fees than our competitors.

Our Student Choice Website is the best way to apply for this loan. Our Student Choice site is also a great place to learn more about the product, including rate information, calculators and budgeting tools.

If you are not already a member and you live, work, worship, or go to school in Elk, Cameron, McKean or Warren County, PA, you are eligible to join. We encourage you to call us or stop in to any one of our five convenient locations so you can begin taking advantage of Student Choice and the many products and services we have to offer.

Click here to visit our Student Choice Website to apply for a Student Choice loan today.

Download a list of Student Choice loan features here.


Personal Loans

Get the Cash You Need, When You Need It.

Facing unexpected expenses? Looking to consolidate some debt at a low Credit Union rate? Our Personal Loan gives you access to the money you need.

Loan TypeAPR*
as low as
Term
Signature Loan10.99%0 to 60 mo.
Co-Maker Loan8.99%0 to 60 mo.
50% Secured by Shares9.60%0 to 60 mo.
100% Secured by Shares2.00% over current savings
or share certificate rate
0 to 60 mo.

(*)Annual Percentage Rate - Rates and Terms are subject to change without notification.

Click Here to apply online for a Credit Union loan, or Click Here to contact us for more details.


Credit Union Better Choice ...

The smart alternative to payday loans.

The smart alternative to payday loans.

Credit Union Better Choice is a short-term loan that offers:

  • 90-Day Repayment Term
  • $20 Application Fee
  • $200 Minimum Loan
  • $500 Maximum Loan
  • 18% Annual Percentage Rate (APR)
  • A Built-In Savings Benefit
  • Optional Financial Counseling

(Must qualify. Borrowers must meet credit union membership requirements and be over age 18. Note: contact the credit union for specific terms and loan amounts.)

Why pay high fees and interest rates when there's a Better Choice? Get a Credit Union Better Choice Loan today! For more details and an application, contact a participating credit union.

The Credit Union Better Choice program is sponsored by the Pennsylvania Credit Union Association in partnership with the Pennsylvania Treasury Department and the Pennsylvania Department of Banking.


Debt Protection - Consumer

Click here for our Debt Protection Consumer calculator

Consumer Debt Protection is available to borrowing members at a reasonable cost. This protection covers loss of life, disability, and involuntary unemployment. Ask a CU Rep. for more information.

Debt Protection - Credit Card

Click here for our Debt Protection Credit Card calculator

Credit Card Debt Protection is available to borrowing members at a reasonable cost. This protection covers loss of life, disability, and involuntary unemployment. Ask a CU Rep. for more information.

Debt Protection - Home Equity

Click here for our Debt Protection Home Equity calculator

Home Equity Debt Protection is available to borrowing members at a reasonable cost. This protection covers loss of life, transitional loss of life, disability, and involuntary unemployment. Ask a CU Rep. for more information.


LOAN CALCULATOR

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of the actual loan repayments if available at the terms entered, from a financial institution.

Loan Calculator
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