The Dream Saver Program includes a loan along with a High Interest savings account. 

Here are the details:

  • We loan you from $1,000 for terms for 12 months.
  • The money from the loan is deposited into a CUB High Interest savings account in your name.
  • You make monthly payments on the loan (we can even set those up to be automatically made from your CUB checking if you want), and once your loan is paid off, the money in the High Interest savings account is yours.

In the end you may have helped to build or improve your credit history (based on your payment history), and you will also have established a savings account in which you can continue to add additional money if you wish…..all to help you reach those dreams! 

LOAN AMOUNT (Optional) TERM APR
$1,000 12 Months 9.901%

 

Results not guaranteed. Annual Percentage Rate (APR) is calculated using an interest rate of 7.00%.  Monthly payment calculates to be $87.87 per month.  Rate is good as of 11-1-2012 and is subject to change.  Certain restrictions apply.  Loan fee of $15.  An improvement in your credit score is dependent on your specific situation and financial behavior.  The failure to make your monthly minimum payments by the payment due date each month will result in the Bank reporting negative information to your credit bureau, which will not improve your credit history.  This product will not repair your past credit, and any negative credit history will not be removed from your credit bureau as a result of this program.