Retail ECU offers two types of personal loans for qualified applicants; Regular Personal loans and Premier Personal loans. These loans do not require collateral, just the member's signature. This type of loan is often used for debt consolidation or medical emergencies, as well as vacations, car repairs, Christmas expenses and unexpected events.

Premier Personal loans have a base interest rate slightly lower than the regular signature loan. The requirements for a Premier Personal loan are as follows:

• Consistent outstanding credit for the past five years
• Debt ratio not to exceed 40% of gross income
• Full-time employment history for a minimum of five years
• Excellent credit report
• Financial statement or recent tax return required for loans over $10,000.00