Due to the winter weather, our Hadley & Northampton Branches will be closed, Saturday, January 29th. Our Contact Center and Video Tellers will be available 9:00 a.m. - 12:00 p.m., as well as our online and mobile banking services, which includes the ability to deposit checks using our mobile app. Stay safe everyone!
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.
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%!
Personal Loan Rates
|Product||Annual Percentage Rate||Max Term||Limits|
|Personal Line of Credit||13.50%||Revolving||$25,000.00|
|Overdraft Line of Credit||13.50%||Revolving||$25,000.00|
|Home Improvement||5.75%||36 Months||$15,000.00|
|Home Improvement||6.75%||60 Months||$15,000.00|
|Home Improvement||10.50%||84 Months||$15,000.00|
|Energy & Fuel Conservation||3.90%||24 Months||$3,000.00|
^ 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?