Personal Loans
Through September, Bay Federal members enjoy an extra 0.25% reduction on their personal loan rate!*
What can a personal loan be used for?
Bay Federal offers Personal Loans for just about any need. With flexible terms, competitive rates, and loan amounts from $1,500 up to $50,000,† Bay Federal can help you manage unexpected expenses or finance the things you truly need.
Put your good credit to good use and use a Personal Loan for any occasion:
- Home repairs
- Debt consolidation
- School expenses
- Unexpected medical expenses
- Bicycles
- Vehicles
- New furniture
- Travel
- Life events — Weddings, Adoptions, Moving, etc.
Additional Personal Loan Options
Signature Lines of Credit
Set up ahead of time, a Signature Line of Credit can provide access to funds in an emergency.
Secured Personal Loans
Secured Personal Loans and Lines of Credit are great options if you want to build or re-build your credit.
Bicycle Loans
Get around town or on the open road with a new or used bicycle. Financing available for bikes and accessories.
Skip a Loan Payment
Need some extra cash? Skip a personal loan payment with Bay Federal!
*A 0.25% promotional discount will be applied to the best available rate for which the borrower qualifies and is included in the rate examples. Offer available to current Bay Federal Credit Union members on the financing of a personal loan. The promotional rate is not available for current Bay Federal Credit Union personal loans. Minimum loan amount is $1,500. Rates and conditions vary based on creditworthiness and qualifications. The loan must be funded between July 1, 2025, and September 30, 2025, to qualify for the promotional discount. This offer is subject to change without notice.
Payment example: Loan amount of $10,000 with a credit score of 700 - 739 with a 11.24% Annual Percentage Rate (APR) for 60 months would have monthly payments of $218.66.
All loans are subject to credit approval, income verification, and valid Social Security Number or ITIN per Bay Federal Credit Union lending requirements. Bay Federal Credit Union membership is required at the time of application. Other terms and conditions may apply. For more information, visit any Bay Federal Credit Union branch or call us at 831.479.6000 or toll-free at 888.4BAYFED.
†Based on approval of credit and income verification. Personal Loan amount is for a maximum of $50,000. Terms up to 60 months. Rates, terms, and conditions are subject to change and vary on creditworthiness and qualifications. Minimum loan amount is $1,500. Bay Federal Credit Union membership required. For more information, visit any Bay Federal Credit Union Branch, apply online, or call us at 831.479.6000 or 888.4BAYFED, option 3.