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Personal Loans & Lines of Credit


Whether you need a small personal loan or a large one, UMassFive offers low interest rates to meet your needs. Apply online or at a branch near you.


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Personal Loans:

A traditional loan for a set amount, with one disbursement and a fixed term.

  • Fixed monthly payment
  • Can be used for a wide variety of borrowing needs

Personal Lines of Credit:

Use as much or as little as you need, whenever you need it. This loan stays open, and you'll only repay what you use.

  • Payment is re-calculated each month as a percentage of the outstanding balance.
  • Overdraft Protection - Safeguard yourself from insufficient funds.

Lower Your Rate Even More With Co-op Points

That's right. With 2,500 Co-op Points, you can reduce your Personal Loan rate by 0.25%. Do you have 5,000 Points? You can reduce that rate by up to 0.50%!

Learn more about Co-op Points


Personal Loan Rates

Product Annual Percentage Rate Max Term Limits
Personal 12.99% 48 Months^ $25,000.00
Personal 13.99% 60 Months^ $25,000.00
Personal Line of Credit 18.00% Revolving $25,000.00
Overdraft Line of Credit 18.00% Revolving $25,000.00
Computer 9.90% 48 Months $15,000.00
Home Improvement 8.75% 36 Months $15,000.00
Home Improvement 9.75% 60 Months $15,000.00
Home Improvement 13.50% 84 Months $15,000.00
Energy & Fuel Conservation 3.90% 24 Months $3,000.00


Payment example: 12.99% for 48 months equals $26.83 per $1,000 borrowed.

Payment example: 13.99% for 60 months equals $23.37 per $1,000 borrowed.

^ 60 month term available for loan amounts of $15,001 or greater. Terms up to 48 months available for loan amounts of $15,000 or less.

Ready to apply for your Personal Loan?