Surprises happen, and sometimes they're expensive. But if you find yourself in need of quick cash, you're in luck. California Credit Union's payroll advance is a short-term loan for cash flow emergencies. This simple process features a one-time finance charge based on the amount of the payroll advance and repayment period.
Payroll advance is available to California Credit Union members with an active account with Direct Deposit or Payroll Deduction. There is no lengthy credit application and it is completely confidential.
Applications are being accepted through Online Banking. To open a Payroll Advance:
- Log in to your Online Banking account
- Select “Open an Account” from the Applications drop-down menu
- Click the “Open an additional/secondary deposit account” link
- Under “Product Selection”, select Payroll Advance from the Loans drop-down menu
- Complete the remaining steps of the application as directed.