Overview

Avoid high-interest credit card debt with a personal loan, personal line of credit, or deposit-secured loan from FAIRWINDS. No matter what your borrowing needs, FAIRWINDS has options to fit your budget and help you manage your finances.

Avoid worries with a personal line of credit from FAIRWINDS. Gain peace of mind knowing that funds are available if you need them.

Consolidate your debt or finance that special purchase with a personal loan from FAIRWINDS.

Receive a great low rate when you secure your loan with a savings, money market, or certificate of deposit.

Personal Loans

Looking to consolidate your debt? Have a special purchase in mind? Avoid high credit card interest rates and fees with a personal loan from FAIRWINDS.

  • Competitive fixed interest rates.
  • Fixed monthly payments help you budget and pay down your debt.

Personal Line of Credit (LOC)

Avoid worries with a personal line of credit from FAIRWINDS. Use your personal line of credit to protect your checking account from overdrafts, consolidate debt, or as a source of emergency funds. Gain peace of mind knowing that funds are there when you need them.

  • Competitive variable interest rates.
  • As you pay off your line, you can borrow again, up to your available credit limit, with no additional application.

Deposit-Secured

Perfect for the new borrower, members working to improve their credit, or members with large deposit accounts, this loan lets you enjoy great low rates by securing your loan with your deposit accounts. You'll still continue to earn interest on your deposits while your funds secure a low interest rate for your loan.

  • Borrow up to 100% of your deposit amount.
  • Competitive rates.
  • Continue to earn interest on your deposit accounts.

The G.O.O.D. Loan
(Get Out Of Debt)

Paying off debt is one of the most popular resolution among Americans according to a survey by Fidelity Investments. The Get Out of Debt loan at FAIRWINDS is a personal loan with flexible fixed terms and low rates.

  • Rates as low as 6.95%
  • Flexible terms
  • Use Relationship Rewards to lower the rate by an additional .25% or .50%

Example: G.O.O.D. Loan vs. Credit Card Balance

$10,000 credit card balance at 15.00% will take approximately 32 years to pay off when you make only the minimum monthly payment.

$10,000 G.O.O.D. loan with FAIRWINDS at 8.95% will take around 5 years to pay off. Not only would you save yourself 27 years of payments, you'll also save approximately $13,140 in interest.

Source: federalreserve.gov

Which account is right for you?

Looking for a low fixed rate?

Our personal loans offer low fixed rates and low monthly payments. FAIRWINDS personal loans are a great alternative to a credit card for purchases like computers, vacations, weddings, and medical bills.

Want the security of knowing that funds are there when you need them?

Get peace of mind with our personal lines of credit. Use your line of credit for overdraft protection or other unexpected expenses.

Need to build good credit?

Our deposit-secured loans offer a low-cost way to re-establish your credit while earning interest on your deposits. FAIRWINDS deposit-secured loans can also help new borrowers build credit with our competitive interest rates.

Never worry about missing a payment with our convenient loan repayment options

Auto-Pay

Never worry about remembering to make a payment with auto-pay from your FAIRWINDS checking, savings or money market accounts. You can chose to pay weekly, bi-weekly or monthly and the funds will be automatically transferred from the FAIRWINDS account of your choice.

Online

Transfer funds and make payments 24 hours a day with FAIRWINDS Online. You can view payment amounts, loan history and balances left on your loans.

By Phone, In Person, and By Mail

You can also make your loan payments by phone, in person, at any FAIRWINDS location or by mail.

Unsecured Loans
Loan Type Annual Percentage Rate
(APR)
APR with AutoPay Relationship Rewards
APR with 2,500 RR
Points
APR with 5,000 RR
Points
G.O.O.D. Loan
(Get Out Of Debt)
7.74% - 18.00% No discount 7.49% - 17.95% 7.24% - 17.70%
Personal Loan 8.64% - 18.00% No discount 8.39% - 17.95% 8.14% - 17.70%
Loan Type Annual Percentage Rate
(APR)
APR with AutoPay Relationship Rewards
APR with 2,500 RR
Points
APR with 5,000 RR
Points
Variable Personal Line of Credit * 8.64% - 18.00% No discount 8.39% - 17.95% 8.14% - 17.70%
* Your APR will vary with the market based on the prime rate. Subject to increase after closing. A loan processing fee will be charged on all loans except real estate and credit builder loans. The fee is 2% of the loan amount issued with a minimum fee of $10 and a maximum fee of $45.
Deposit Secured Loans
Loan Type Annual Percentage Rate
(APR)
APR with AutoPay Relationship Rewards
APR with 2,500 RR
Points
APR with 5,000 RR
Points
Credit Builder 18.00% No discount No discount No discount
$25 application fee applies.

APR = Annual Percentage Rate

Your actual rate is based on your credit quality, down payment, loan term, and amount financed.

Discounted Rate: Rate discounts for automatic payment from a FAIRWINDS checking account will increase by .25% in the event payment is discontinued from a FAIRWINDS checking account. Any increase in the rate will result in more payments of the same amount until what you owe has been repaid.

A loan processing fee will be charged on all loans except real estate and credit builder loans. The fee is 2% of the loan amount issued with a minimum fee of $10 and a maximum fee of $45. This loan processing fee will affect the APR shown.

Rates are current as of 4/01/2014.

Other terms and conditions may apply. Terms and conditions subject to change at any time without prior notice.