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Lending

When it’s time to reach that next goal, we have the lending options to fit your budget and lifestyle.

Types of Loans

Have you ever gone shopping for a car and been able to pay cash on the spot or write a check for the entire purchase price? You can with a TN Members 1st PAL draft. Our Pre-Approved Loan program allows you to pick the car you want, sign the check, fill in the amount, and drive away in your new car in minutes. It’s the easiest, and fastest way to buy a car.

When federal loans or other forms of aid aren’t enough to cover all your school costs, that’s where an Education Support Loan from Tennessee Members 1st Federal Credit Union comes in. We offer low-interest rates, no origination fees, and straightforward terms, so all you need to do is concentrate on your courses!

Individuals 18 years of age or older with proof of postsecondary education enrollment may be eligible to receive a loan of up to $3,000 to assist with purchasing items to help you be a successful student, such as books, industry-specific supplies, and technology.* *Proof of enrollment in a postsecondary education facility, such as a university, college, trade school, or vocational program, is required and will be kept on file at the credit union. This application is for an Education Support Loan through Tennessee Members 1st Federal Credit Union, this is NOT a federal student loan application. Tennessee Members 1st Federal Credit Union encourages you to exhaust your scholarship, grant, and federal student loan options before applying for any type of private student loan. Programs, rates, terms, & conditions are subject to change without notice. Rates & credit limits may vary based on individual credit history. Some restrictions may apply, ask for details.
Have you checked out our home loan rates? They’re some of the lowest around. Before you buy a house, call the credit union and ask some questions. You can talk directly with our Mortgage department to find the best way to buy a home at the lowest interest rate and with the lowest possible fees.
One of our best products is our signature loans. TN Members 1st has a great way for you to borrow money fast; just sign your name! It is that easy! These loans are a flexible way to accomplish your financial goals. If you need a modest loan for small home improvement, debt consolidation, medical needs, furniture, appliances, etc., the signature loan may be a good choice for you.
When life happens, we’re here for you. Whether you need a little extra cash for college, groceries, an emergency car repair, or anything in between, a QCash loan can help. With just 6 clicks in 60 seconds, you can get money when you need it most deposited right into your account, no credit check required! QCash loans can help you build or repair your credit, and are a smart alternative to high-interest loans. Features and requirements include:
  • Loans up to $2,000 with a fixed repayment term of up to 12-months
  • Must be a Tennessee Members 1st FCU member for 90 days
  • Must be 18 years or older
  • 28% APR* interest rate
  • $20.00 application fee
  • No credit check required
  • Instant loan decision
  • Can be used to build or repair credit

Applying for a QCash Loan

It’s easy to apply for a QCash loan! Do it anytime, anywhere, via the QCash Loan Application in digital banking.
  • Log in to online or mobile banking.
  • Click the three dots on the top right-hand side of the screen.
  • Select ‘Add an account’
  • A pop-up message will come up, select ‘QCash Loan Application.’
  • This will open the QCash Loan Application in a new tab.
*APR = Annual Percentage Rate. We are proud to offer this loan as a unique benefit of being a Tennessee Members 1st FCU member. Terms, conditions, and eligibility requirements may apply, ask for details. An application fee of $20 is charged for every QCash application, whether or not the loan is approved. Rates may vary based on individual credit history. Programs, rates, terms, and conditions are subject to change without notice. 
For college expenses not covered by scholarships and federal loans, TN Members 1st FCU has partnered with Sallie Mae to bring you loans with great repayment options and competitive rates. Click here to apply and learn more details.

*Terms, conditions, and eligibility requirements may apply. Rates may vary based on individual credit history. Ask for details.

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Your savings federally insured by the National Credit Union Administration.
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We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.




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