Educator Loans

We offer a variety of Zero and Low-Rate Special Purpose Educator Loans designed to help you pay for items related to your education career. To qualify for these loans, you must have the following:

• Direct deposit of $500 or more into a California Credit Union checking or savings account
• Automatic payment transfer from your California Credit Union checking or savings
• Proof of employment as an educator at a California school.*

0% Classroom Supply Loan

• Loan for classroom supplies
• Borrow up to $1,000
• 10-month maximum term
• Zero percent interest!¹

Low-Rate Computer Loan

• 3.80% APR!²
• No application fee
• Borrow up to $2,500
• Terms up to 24 months
• Optional summer payment skips
• Funds may also be used for peripherals (printers, storage devices, etc.)

Relocation Loan

• 3.80% APR!²
• Borrow up to $5,000 for your relocation expenses
• Use for first month's rent, moving expenses, security and pet deposits
• Terms up to 36 months

Teacher Certification Loan

• 3.80% APR!²
• Borrow up to $2,500 towards the cost of certification with the National Board for Professional Teaching Standards
• Terms up to 24 months

Teacher Credential Loan

• 3.80% APR!²
• Borrow up to $10,000 towards the cost of an eligible school district credential program
• Interest-only payments for 24 months, then principal and interest payments for up to an additional 36 months

1. APR= Annual Percentage Rate subject to change without notice. The corresponding daily periodic rate is 0.000000%. Direct deposit, automatic payment from CCU checking or savings, and proof of employment at a California school are required. If the direct deposit is not established within 60 days, the rate will convert to the standard signature loan pricing.

2. APR= Annual Percentage Rate subject to change without notice. The corresponding daily periodic rate is 0.010104%. Direct deposit, automatic payment from CCU checking or savings, and proof of employment as an educator at a California school are required. If the direct deposit is not established within 60 days, the rate will convert to the standard signature loan pricing.

* Standard California Credit Union underwriting guidelines apply.