Personal Lines of Credit

Tap into funds anytime you need it!

  • Borrow up to $50,000
  • No minimum borrowing amount
  • Access line anytime
Borrow up to $50,000
No minimum borrowing amount
Access line anytime


A Personal Loan has a fixed rate, term and monthly payment. There also is no annual fee.
A Personal Line of Credit has a variable rate and you have access to funds when you need it. You only pay when you use it and there is a $25 annual fee. 
Personal Loans can be used for any expense however, some of the most common uses are consolidating high-interest credit card debt, emergency expenses, medical debt, home improvements, wedding expenses or other large purchases. 
No, there are no fees to apply for a Personal Loan or Line of Credit. 
There is no collateral required to qualify for a personal loan such as a car or home. It is determined based on your credit history, income, and other debt obligations.

It depends on your situation.

  • If you are a current WCCU member, you may not need to provide any documents.
  • If you are a new member or we need to verify your income and identity then you may be asked to provide:
    • Proof of identity, such as a driver’s license or another form of identification
    • Proof of income and employment, such as pay stubs and/or bank statements
    • Proof of address, such as a utility bill or mortgage statement
No, there is no prepayment penalty fee.

A place to turn when things get a little tight

For the most part, your finances are on solid footing. But in a flash, repair costs, medical bills, or other unexpected expenses can leave you skating on thin ice. With a WCCU Personal Line of Credit, you can access the money you need at just the right moment to relieve financial pressure or make a special purchase.

  • Access as often as you wish
  • Borrow up to $50,000
  • No minimum borrowing amount
  • Access funds quickly via eBanking, check, phone or in any WCCU branch
  • Interest charged only on amount drawn

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, RichmondWakefield, and Coventry.

Click, Compare, Save
See how much you could save just by refinancing and moving your loans to WCCU.

Make the most of your money

Earn 5.00% APY* with WCCU's eChecking!