Loans at Valley Credit Union

Borrowing money is a powerful financial tool when used well. At Valley Credit Union, we offer credit union loans aimed at helping you borrow smarter. Our rates are highly competitive, our terms are fair and we provide resources and tools to help our community learn about the types of loans at a credit union. Read below to find information about what we have to offer.

Auto Loans

If you are ready for a new car or truck, we may be able to help! We offer loans for all types of vehicles. Whether you need a car big enough for your family, something fuel-efficient, or just an upgrade on your current vehicle, we’ll find a loan that works for you. These are some of the advantages of our auto loans:

  • Great rates
  • Loans for all types of vehicles
  • Financing for up to 100 percent of the purchase price
  • 84-month terms
  • Option for automatic payments
  • No penalties for early payment
  • Auto consultation to help you find the right deal

Our goal is to offer you a flexible and manageable auto loan. We allow automatic payments, payroll deductions, cash payments, military allotments and other forms of payment. Our consultation service through Auto Mentors will also help you get the right vehicle and price.


For most households, mortgages are the largest type of loan and represent a major commitment. We want to offer that same commitment to you and your homeownership success. To help you with this, we offer the following types of loans for home purchases:

  • Fixed Rate Loans
  • Adjustable Rate Loans
  • FHA Loans
  • VA Loans
  • Interest Only Loans
  • Investment Property
  • Bridge Loans
  • Balloon Loans
  • Jumbo Loans

When you choose Valley Credit Union for your mortgage, we will help you choose the right type of loan for your needs. We have all the information you need online including current rates, a payment calculator and information on loan options. Check out our mortgage page for more.

Credit Cards

A credit card is practically essential for participating in today’s economy. At Valley Credit Union, we want our customers to have access to the best cards with no hidden fees and great rates. These are a few of the benefits of our credit cards:

  • Excellent rates
  • No annual fees
  • Manageable minimum payments
  • No cash advance fees
  • No processing fees
  • No balance transfer fees

We offer rewards through uChoose Rewards. This lets you choose what you earn rewards on ad how to redeem them.

At Valley Credit Union, we take security and privacy very seriously. Our Card Valet service helps to mitigate fraud while also making our credit cards easier to use. Learn more on our credit cards page.

R.V., Motorcycle and Boat Loans

Our goal is to provide the residents of Salem, Oregon loans that will help them live life to the fullest. For customers wanting to buy a new recreational vehicle, we offer some special loans:

  • Motorcycles
  • ATVs
  • Recreational Vehicles
  • Snowmobiles
  • Boats
  • Jet Skis

Personal Loans

Sometimes everyone needs a little extra help with finances. Whether you are navigating a tight spot, want to make that dream vacation a reality or just need a little more budgeting room, our personal loans can help. These are some of the loan types we offer:

Personal Loans: These flexible loans can be used for a wide range of uses. They have low fixed rates and a low processing fee.
Line-of-Credit Loans: Once approved, you can keep borrowing from a line of credit similar to a credit card limit. They have good rates, low fees and can be used for overdraft protection.
Share Secure Loans: This alternative form of personal loan also has good rates and flexible uses.

Home Equity Lines of Credit

A home equity line of credit is a credit line secured by the equity you own in your home. They can be used for debt repayment, home improvements, major expenses and more.

  • Variable or fixed rates
  • Discounted rates if you use auto pay
  • 10-year draw period with a 10-year repayment term
  • No penalties for early payment
  • Low fees

Loan Resources

Our goal is to keep all our customers educated about our credit union loans. These resources can help you stay informed:

Contact Us

Valley Credit Union is here to help you with all your money borrowing needs. Contact us to learn more about our loans and lending services.