A way to get to the value of your certificate without the penalty of cashing it in early—at a low interest rate
Or call 1-800-621-2105
Easily manage your loan activity with Online Banking and the Elements Mobile App. You can access funds in as little as one business day after your loan is finalized. The funds will be available in the Elements account of your choice or sent via check if you prefer.
There are benefits and trade-offs to all loans, especially when it comes to paying for major expenses. Compare different types of loan products in the chart below to determine which is best for your needs. As always, your support team at Elements is ready to help you find the product that is best for you — just give us a call at 1-317-542-5055.
Borrow funds using your Elements Certificate as collateral Loan for a set amount Borrow money without using collateral Revolving credit line -- use, repay, repeat Borrow funds using the equity in your home Revolving credit line for the 10-year draw—use, repay, repeat Borrow money without using collateral Lower interest rate than many conventional loans Not tied to collateral Convenient Lowest interest rate $200 Cash Bonus2 2% above your certificate's earning rate 11.74% Intro APR for 6 months: As low as 1.99% Variable APR after 6 month intro period: As low as 3.75% Intro APR for 6 months: 0% Variable APR after 6-month intro period: 8.99% Own an Elements Certificate Want to establish credit Want predictable monthly payments that stay the same Don’t own your home Want flexibility to use funds whenever you need them Have the means to pay of your balance in 6-12 months Own your home Want the flexibility of using funds whenever you need them Want a lower payment Don't own your home Have the means to pay off your balance right away Anything! Anything! Expenses such as: - Unexpected emergencies - Home repairs - Medical bills - Debt consolidation Anything! Purchases such as: - Unexpected emergencies Anything! Best for smaller, everyday purchases Up to the full amount of your certificate $500 - $2,500 Whatever your available equity is in your home Borrow up to $25,000 based on credit rating
Certificate Loan
EZ Line of Credit
Home Equity Line of Credit
Platinum Visa Credit Card
What It Is
Key Benefits
APR
A Good Option for a Major or Unexpected Purchase If You
Can Use It For
- Home improvements
- College
- That big vacation
- A new car
- A second home
- Debt Consolidation
No Prepayment Penalties
No Annual Fee
Available Amounts
There are no fees or early withdrawal penalties associated with a Certificate Loan.
No, Elements Financial does not allow Certificate Loans on Rate Climber Certificates.
Because we’re a credit union, we return profits to members in the form of reduced fees, higher savings rates and lower loan rates.
We pride ourselves in being a trusted source for financial education. Your financial wellness expert will come to your workplace to answer questions and provide you with one-on-one assistance as you navigate the changes that come with each of life's stages.
Headquartered in Indianapolis since 1930, we rank among the top 3% of credit unions nationally3. We serve members in all 50 states and 50+ countries. You’ll have access to 5,000+ shared branches nationwide and 78,000+ surcharge-free ATMs globally.
Our technology makes banking with Elements easy. From quick digital applications to online and mobile banking, we’ll be by your side wherever you go. We’re here for you with member service available 24/7 and live chat during the workday.
