Loans

We offer loans to make all of your dreams come true. If you need money, we have a loan to meet the need. After you have established membership you can apply in person or by telephone. We can process your application in a matter of minutes and have you on your way. 

  • New & Used Vehicle Loans
  • Signature (Personal) Loans up to $20,000
  • Share/CD Secured Loans
  • New & Used Watercraft Loans
  • New & Used Recreational Vehicle Loans
  • New & Used Motorcycle Loans
  • Other Secured Loans vary depending on amount
  • Home Equity Loans
  • First Mortgages
  • Classic Visa
  • Gold Visa
  • Platinum Visa
  • Share Secured Visa

New auto loans 
Loans on current and previous year automobiles for a maximum term of 60 months (72 months for an additional .25% added to rate). We finance up to 100% of purchase price plus tag, title, and tax. 

Used auto loans 
Loans on automobiles 2-7 years old for a maximum term of 48 months (60 months for an additional .25% added to rate). We finance up to NADA retail value. 

New Recreational Vehicles and Boats 
Loans on current and previous year RVs and Boats. The maximum term is 60 months.

Used Recreational Vehicles and Boats
Loans on RVs and Boats 2-7 years old. The maximum term is 48 months. 

New Watercraft and Motorcycles 
Loans on current and previous year Personal watercraft and Motorcycles for a maximum term of 60 months. 

Used Watercraft and Motorcycles
Loans on Personal Watercraft and Motorcycles 2-7 years old for a maximum term of 48 months. 

Other Secured 
Loans for purchase money on Household appliances, Audio/Visual equipment, Personal Computers, Lawn and Garden equipment, All terrain vehicles and Farm equipment. Terms vary depending on amount borrowed. 

Share Secured 
Loans using shares in a member's account as collateral. Funds remain in share account and continue to accrue dividends. The maximum term for single pay is 6 months and maximum payment term is 120 months. 

CD Secured
Loans using a Certificate of Deposit at Bison Federal Credit Union as collateral. The term is the same as the term of the Certificate. The interest rate is 2% above the rate being paid on the certificate.

Signature
Loans made without collateral based on the member's good credit history and promise to pay. Maximum loan amount is 15% of annual income to a maximum of $20,000.00. Terms vary depending on amount borrowed.

Second Mortgage 
Equity loans on owner occupied dwellings. Terms vary depending on amount borrowed. 

Classic Visa 
No annual fee
Credit line from $500 to $5000
14.9% a.p.r
$250,000 Travel/Accident Insurance

Gold Visa 
No annual fee
Credit line from $5000 to $10,000
11.9% a.p.r. 
$400,000 Travel/Accident Insurance
Extended manufacturer's warranty/purchase protection
Auto rental collision protection

Platinum Visa 
No annual fee
Credit line from $10,000 to $20,000
8.9% a.p.r. 
$500,000 Travel/Accident Insurance
Extended manufacturer's warranty/purchase protection
Auto rental collision protection 

Share Secured Visa
$500.00 minimum deposit
11% a.p.r.