As a not-for-profit financial institution, Mazuma
Credit Union is committed to providing every member
with the tools necessary for building financial
success.
Whether you're
working on building a strong
credit history or building strong
saving habits, Mazuma's new products can
help put you on the road to turning your dreams
into reality.
Building
Credit
Obtaining credit
without a credit history is an obstacle Mazuma
is prepared to help you overcome. Mazuma's new
loan products offer first-time borrowers the opportunity
to start with a manageable amount of credit to
build a positive credit history and a valuable
lending relationship.
New
Borrower Visa 
With a New
Borrower Visa, you can enjoy the convenience
of credit with low borrowing requirements.
- Credit
limits between $300 and $1,500.
- Competitive
new borrower fixed APR* of 18.9%.
|
Secured
Visa
If you've
built your savings up and are looking
to build your credit, Mazuma's Secured
Visa is your answer. Your savings in a
Mazuma share account can secure your Visa
Classic card.
- Credit
limit of $300 - $1,500 is secured
by savings balance.
- Low
fixed 14.9% APR.*
|
| |
Share
Secured Credit Builder Loan
If you are
wanting to build credit but don't have
the savings to secure a Visa or a loan,
Mazuma will secure your loan by placing
the loan proceeds in a savings account
in your name. The money is available following
repayment.
- Pay
a very low interest rate on the loan
amount borrowed.
- Enjoy
flexible repayment terms.
- Earn
dividends on your savings balance
during the term of the loan.
|
|
Education for Success
As a new borrower,
you will attend a FREE consultation with Mazuma's
on-site Consumer Credit Counseling representative.**
- Complete and
review a financial fitness profile.
- Complete a
monthly budget review.
- Understand
the lifelong value of good credit.
Building Wealth
Whether you're
starting young or realizing that it's never
too late to start, Mazuma can help you develop
a savings plan to suit your financial goals.
It's
never too early... Developing
a savings plan early can help ensure a
savings habit that will last a lifetime. |
|
Young
Investor's CD
- Designed
especially for ages 17 and under.
- Initial
minimum deposit of $100; maximum balance
is $5,000.
- Unlimited
deposits of $25 or more.
- 3-year
term.
|
|
|
It's
never too late...
Your
one-year commitment to a systematic savings
plan can put you on the road to building
your wealth. |
|
Wealth
Builder CD
- Minimum
initial deposit as low as $100.
- Regular
monthly deposits of at least $25 avoids
a $25 fee.
- Once
your contract has been met with a
minimum of $500, you may purchase
a Mazuma Classic CD without penalty.
|
|
| Start
Building Today! |
Begin building financial
success today by contacting Mazuma Credit Union.
|
