Personal Loans
When life calls for extra funds, Energy One Federal Credit Union offers personal loan options designed to help you move forward with confidence. Whether you're covering unexpected expenses, consolidating debt, or planning something important, our credit union personal loans provide flexibility, competitive rates, and personalized service.
With Energy One, you're never locked into a one-size-fits-all solution. We work with you to find the right loan option based on your needs and goals.
Benefits
Borrow with confidence using credit union lending built around flexibility and member support.
No Collateral Required Options
Flexible Loan Options
Credit-Building Opportunities
Custom Loan Terms
Local, Member-Focused Service
Loan Options
E1 Specialty Loans
Transform your home with an E1 Specialty Loan—flexible financing for hot tubs, storm shelters, outdoor kitchens, and more, tailored to fit your lifestyle and budget.
Home Equity Loans
Tap into the equity you’ve built in your home with a flexible HELOC from Energy One. Whether you’re planning a remodel, wedding, restoring a classic car, consolidating debt, or taking that dream vacation—your home can help make it happen.
Why choose our HELOC?
- Competitive variable rates—often lower than credit cards or personal loans
- Pay interest only on the amount you use
- Potential tax benefits (consult your tax advisor)
- Access funds easily through online banking in most states
- 5-year draw period followed by a 10-year repayment term
Certificate & Share Secured Loans
Looking for a loan that offers better approval odds or lower rates? Our secured loan options let you borrow against your savings.
- Borrow against your funds on deposit at Energy One
- Dividends continue to accrue on your deposit balance
- Borrow up to 100% of your deposit
- Some share-secured loans come with a variable rate
- Secured personal loans are a great way to build or rebuild credit while keeping your money working for you.
Signature Loans
Looking for a simple way to borrow without using collateral? Our signature loans are fast, flexible, and designed for convenience.
- Requires no collateral
- Can finance up to 48 months for loans over $5,000
- 36 months available for loans under $5,000
- Ideal for consolidating high-interest debt or covering emergency expenses
Compare
Type | No Collateral Required | Flexible Terms | Competitive Rates | Credit-Building Options | Local Support | Multiple Loan Types |
Energy One Personal Loans | | | | | | |
Bank Personal Loan | | | | | | |
Online Lender | | | | | | |
Credit Card Only | | | | | | |
Payday Loan | | | | | | |
FAQs
A secured loan allows you to borrow against your savings or certificate while continuing to earn dividends.
Yes. Making on-time payments can help establish or rebuild your credit history. Learn how to build credit responsibly with a loan.
Loans under $5,000 may be financed for up to 36 months. Loans over $5,000 may be financed up to 48 months.
A signature loan is an unsecured personal loan that does not require collateral.
Get started
Apply for a personal loan designed to support your goals and your budget.
Become a member today.
Get started by opening a free checking account online today.
