Affordable Personal Loans That Work for You
Need to cover an unexpected expense, plan a major project, or take control of your financial future? A personal loan from Sterling United FCU gives you the flexibility to borrow on your terms, backed by a local credit union that puts you first.
Whether you're consolidating debt, covering emergency costs, or planning a milestone event, we make it simple to access the funds you need right here in the Evansville community.
Signature Loans (Unsecured Personal Loans)
Our unsecured Signature Loans offer you the freedom to borrow without needing to pledge collateral like your home or car. Choose from open- or closed-end loan options with flexible repayment terms designed to fit your unique monthly budget.
Signature Loans are perfect for:
Paying off medical bills or unexpected car repairs
Funding dream vacations, weddings, or family events
Consolidating high-interest credit card debt into one low monthly payment
Ready to apply? Call us today at (812) 492-8385 to start your Signature Loan application, or visit one of our local Evansville branches!
Share Secured Loans (Credit-Builder Loans)
Looking for our lowest possible interest rate or a smart way to build or rebuild your credit score? A Share Secured Loan lets you borrow against your own Sterling United savings account or certificate of deposit (CD) while keeping your money safe and growing.
How Share Secured Loans work:
Collateral-Backed: You use the funds in your savings or certificate as collateral for the loan.
Low Rates: Enjoy some of the lowest, most competitive personal loan rates we offer.
Earn While You Borrow: Your deposited savings continue to earn dividends while you pay down your loan.
For rates and terms, refer to sufcu.org/loan-rates for more information
Why Borrow with Sterling United FCU?
As your local credit union, we’re committed to helping our members borrow smarter. Here's what you can expect with any of our credit union personal loans:
Personalized service and honest advice
Straightforward terms, no hidden fees
Flexible options tailored to real-life needs
Explore all our loan rates or become a member to apply.
Frequently Asked Questions About Personal Loans
What is the difference between a Signature Loan and a Share Secured Loan?
A Signature Loan is unsecured, meaning you do not have to put up any collateral to qualify; approval is based on your creditworthiness and income. A Share Secured Loan is backed by the money in your Sterling United savings or certificate account, which acts as collateral. Because secured loans carry less risk for the credit union, they typically offer lower interest rates.
How can a personal loan help me consolidate debt?
If you have multiple high-interest credit card balances, you can use a personal loan to pay them all off at once. This leaves you with just one predictable, fixed monthly payment—often at a significantly lower interest rate than your credit cards, saving you money over time.
How fast can I get approved for a credit union personal loan?
At Sterling United FCU, we pride ourselves on fast, local decision-making. Once you submit your application and provide your financial documentation, our Evansville-based lending team works quickly to review and process your loan so you can get your funds as soon as possible.
Ready to Apply for a Personal Loan?
Whether you choose a Signature Loan or a Share Secured Loan, we're here to help you move forward. Reach out today and borrow with confidence.
