Personal Loans
We get you the money you need to get on with your life.
Here to help, no matter what life throws your way
Whether for an unexpected emergency or a planned expense, look to Meridian Trust for easy borrowing and low rates.
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Set monthly payments
A personal loan is different from a credit card because it has a fixed term and set monthly payments.
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Competitive rates
At Meridian Trust, your good credit rating equals lower interest rates on personal loans.
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No prepayment penalties
We let you get ahead on paying off your personal loan early!
Personal loan rates
Loan rates are based on the members’ credit bureau report, term (length) of the loan, and the members’ relationship with the Credit Union.
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Term |
APR* as low as |
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*Annual Percentage Rate. Rates may change without notice. Rates above are effective as of February 8, 2022. Age 18 or older, membership and credit qualification required. You are not required to include income derived from alimony, child support, or separate maintenance payments for consideration on your application. |
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Term Up to 60 months |
APR* as low as 7.90% |
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Unsecured Solar Panel Loan Type |
Term |
APR* as Low as |
Estimated Payment |
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*APR = Annual Percentage Rate. Rates may change without notice. Rates above are effective as of February 8, 2022. Age 18 or older, membership and credit qualification required. Must have a credit score of 720 or higher. 90% Loan to Cost Limit with a maximum loan amount of $30,000. Estimated Payment based on loan amount of $30,000. Must be the property owner where the solar panel system is installed. Loans require use of credit union approved licensed and certified contractor and installer. No payments start until installation is completed. |
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Unsecured Solar Panel Loan Type 10 Year Fixed Rate |
Term 120 Months |
APR* as Low as 5.00% |
Estimated Payment $318.20 |
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Unsecured Solar Panel Loan Type 12 Year Fixed Rate |
Term 144 Months |
APR* as Low as 5.50% |
Estimated Payment $285.05 |
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Unsecured Solar Panel Loan Type 15 Year Fixed Rate |
Term 180 Months |
APR* as Low as 6.00% |
Estimated Payment $253.16 |
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Draw Period |
Repayment Period |
APR* as low as |
Adjust/Reprice |
Max LTV |
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*APR = Annual Percentage Rate. Requires minimum credit score of 600, membership, and credit approval. 1.99% APR introductory rate for the first year. After one-year promotional period, WS Prime Rate for those with credit scores of 700 and above; WS Prime Rate + 1.00% credit scores 650-699; and WS Prime Rate + 2.00% credit scores below 650. 10-year draw, with 20-year repayment period. No origination fee. No annual fee. CLTV (Combined Loan to Value) of 95% maximum. Adjustable rate floor is 4.00%, rate ceiling is 18.00%. Payment in draw period is interest only. Draw Period Example A: $100,000 balance at 1.99% equals a monthly payment of $165.83. Draw Period Example B: $100,000 balance at 4.25% (WS Prime Rate + 1.00%) equals a monthly payment of $354.17. Additional fees may apply. If loan amount is greater than $400,000 full appraisal is required. Maximum loan amount is $500,000. Home Equity Loans can be used for Solar Panel purchases. Rates effective through June 30, 2022. Rates subject to change. Questions? Call us at 800.726.5644. |
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Draw Period 120 months |
Repayment Period 240 months |
APR* as low as 1.99% |
Adjust/Reprice For 12 Months |
Max LTV Lesser of 95% CLTV or $500,000 |