New & Used Vehicle, Motorcycles, Boats, RVs

Chemcel Federal Credit Union offers financing at low rates and affordable terms. Our financing includes tax, title, and license. We have new car guides to assist our members with car pricing, as well as NADA blue book values. We provide loans for new/used cars, trucks, boats, motorcycles, and RV’s.

We also provide competitive pricing on automobile insurance, Payment Protection, Vehicle Service Agreement (Extended Warranties), Accidental Life & Dismemberment, and GAP insurances.



Personal Loans

Chemcel offers personal signature loans for almost any purpose. You can get a personal loan for:

  • Vacation
  • Computer
  • Home Improvement
  • Back-to-School Expenses
  • Holiday Expenses
  • Plus much more

Our loans offer competitve interest rates and terms. Plus, no pre-payment penalties.


Other secured loans

Share Secured Loan: You may borrow against the money in your share account (savings) at an interest rate 2% above the current dividend rate for up to 60 months. Pledged shares equal to the unpaid balance are frozen in the account during the term of the loan.

Share Certificate Loan: You may borrow against the money in your share certicate at an interest rate 2% above the rate of your certificate up to 60 months.

Stock Secured Loan: You may borrow against stock that you have purchased at 75% of the current price of the stock.

Line of Credit

With our Quick Cash, line of credit program, you apply only once every two years. When your loan is approved, you will receive a credit limit. This credit limit can be used for whatever purpose, whenever you want. You may also use your Quick Cash as overdraft protection on your checking account (up to your credit limit)

It’s easy to access your credit line. Just:

  • Write a check if you have signed up for overdraft protection
  • Withdraw at any teller
  • Make online transfers

Payment does not begin until you access the money and is paid off in a two year period. Generally the limit is $1,200, but each member varies depending on their credit history.

Mortgage Loans

Chemcel Federal Credit Union has partnered with CUMembers Mortgage to offer our members a wide variety of mortgage products. Our mortgage program is online so you can get pre-qualified, check current rates, estimate payment, apply and follow the complete loan process 24 hours a day, 7 days a week without having to wait for someone to call you. Whether you’re looking for your dream house or already living in one and wanting to refinance, check out Chemcel’s mortgage program; it’s fast, its easy and all right here at your credit union!


Get started now!

Home equity

Chemcel Federal Credit Union offers low cost Home Equity Loans. Take advantage of our easy application and quick turnaround.

You can borrow up to 80% of the appraised value of your home for just about anything you want – a college education, consolidating existing loans, a major remodeling project or just about anything else. 

Because your home is used as collateral, you could qualify for a minimum of $30,000. And, in some instances, any interest you pay on the loan may be tax deductible (consult your tax advisor for full details). It is all possible with a Home Equity Loan from Chemcel FCU. 

Benefits include:

  • Competitive rates 
  • Terms up to 12 years

Members must come to a Chemcel office to apply for a Home Equity Loan. Papers are required to be disbursed when application is complete.

Home Equity Loan Checklist

All of the following documents must be provided to process your loan request:

  1. Completed application including all assets and liabilities
  2. Income verification: current and previous Yr. (W-2, Tax return)
  3. Copy of deed of trust on property to be refinanced
  4. Copy of property insurance policy
  5. Mortgage holder(s) name(s), address(s), acct. no. and balances
  6. Tax appraisal statement for valuation process