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Personal Loans
Whether it’s a happy milestone on the horizon or an unexpected expense throwing a curveball, Maine State CU’s flexible loan solutions can help.
Personal Loan
From big plans to surprise expenses, a personal loan gives you flexible, affordable financing backed by the local credit union you trust.
FEATURES INCLUDE:
- Borrow up to $25,000
- Low, competitive interest rates
- No collateral required
- Fast approval and turnaround
- Flexible repayment terms
- Skip a Pay available
Personal Loans
Effective As of 11/25/2025
| Account Type | Term | APR* as low as 1 |
|---|---|---|
| Account Type All-Purpose Loan | Term Up to 60 months | APR* as low as 1 10.99% |
*APR=Annual Percentage Rate
**Rate shown is “as low as” rate. Actual interest rate is determined by credit qualifications. Loans are subject to membership eligibility, and credit and underwriting approval. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice.
*APR=Annual Percentage Rate
**Rate shown is “as low as” rate. Actual interest rate is determined by credit qualifications. Loans are subject to membership eligibility, and credit and underwriting approval. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice.
Personal Line of Credit
Get a flexible line of credit you can use anytime. Ideal for overdraft protection, repairs, or life’s other little surprises.
FEATURES INCLUDE:
- Apply once, access as needed
- Funds when you need them.
- Great for unexpected expenses
- Can be used for overdraft protection
Effective As of 11/25/2025
| Account Type | Term | APR* as low as 1 |
|---|---|---|
| Account Type Signature Line of Credit | Term Revolving | APR* as low as 1 10.25% |
*APR=Annual Percentage Rate.
1Subject to credit and underwriting approval. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice.
*APR=Annual Percentage Rate. Rates are subject to change without notice. Some rates shown on this page may be “as low as” rates and the actual interest rate may be determined by credit and collateral qualifications. Eligibility requirements apply.
Personal Secured Loan
Build or rebuild credit on your own terms with a Personal Secured Loan. Use savings on deposit as collateral to secure a lower loan rate.
FEATURES INCLUDE:
- Ideal for building or rebuilding credit
- Use for large or planned purchases
- No credit check required
- Interest rate 2.00% APR* above dividend rate
- Flexible repayment with local servicing
- Skip a Pay available
Share Secured Loan
Effective As of 11/25/2025
| Account Type | Rate |
|---|---|
| Account Type Share Secured | Rate Variable* |
*Variable Rate is 2.00% over the dividend rate of the share used to secure the loan at the time of the loan’s consummation. Variable rate adjusts annually in January to 2.00% over the share rate at time of adjustment.
*APR=Annual Percentage Rate. Rates are subject to change without notice. Some rates shown on this page may be “as low as” rates and the actual interest rate may be determined by credit and collateral qualifications. Eligibility requirements apply. This rate is adjusted in January.
Personal Loans
- Personal Loan
- Share Secured Loan
- Personal Line of Credit
- Loan Type
- Borrowing Limit
- Interest Rate
- Collateral Required
- Best For
- Repayment Terms
- Access to Funds
- Additional Benefits
*Variable Rate is 2.00% over highest share dividend at time of loan. Annual adjustment in January.
**APR=Annual Percentage Rate. Subject to credit and underwriting approval. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice.
Skip-a-Pay
Need a little extra breathing room in your monthly budget? Maine State CU’s Skip-a-Pay program lets you skip an eligible loan payment – quickly, easily, and right from online or mobile banking.
FEATURES INCLUDE:
- Skip a payment every 6 months
- Available on select loan types
- Simple online and mobile access
- Just $25 per skipped payment
- $5 of each fee supports Ending Hunger in Maine
- Loans must be current and in good standing
- Auto Loans
- Personal Loans (excluding Signature Line of Credit)
- Energy Loans
Credit cards, real estate loans, business loans, and open-ended lines of credit are not eligible.
- Log into Mobile or Online Banking
- Click on the Skip-a-Pay option
- View your eligible loans
- Select the loan you’d like to skip and follow the prompts
Loan payments may only be skipped once every 6 months. Forms must be fully submitted to be processed.
- Loans with payments from another financial institution must be submitted at least 3 days prior to the due date
- Skipped payments will extend your loan term
- Interest will continue to accrue during the skipped month
- All requests are subject to approval
Call us at 207-623-1851 and select option 2, or stop by your local branch. We’re happy to help!
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