Personal Banking

We’re not really a bank, you could do your banking right right here.

Company Banking

Maximize Park Community’s to your ROI low prices.

The thing that is first lend is an ear.

Obtain a low-rate mortgage loan for each phase in your life.

Reduced rates which means that re re re payments you’ll write house about.

Customized

Obtain a custom loan for almost all you can think about.

Hardship Loan

With all the Hardship Loan, it shall enable people to borrow as much as $5,000 for up to 3 years at 3.0% APR*. Best benefit? Your very first repayment is not due for 3 months!

Bank Card Relief

You may now be eligible for a credit limit increase of up to $500 if you have a Park Community credit card!

Paycheck Protection Program Loan

Will you be a business that is small need of COVID-19 relief? A Paycheck Protection Program loan might help.

Change Kit

Be described as a known user, perhaps maybe not a quantity.

With this Switch that is handy kit we’ve made joining Park Community as simple as a click, in order to quickly learn why being a part is indeed a lot better than being a client.

Phone us a bank on us for payday installment loans ohio online unique banking options.Just don’t call.

Participating Dealers

Look for a dealership towards you to start a Park Community account.

Micro Loans

Tiny loans in order for small company will get bigger.

Convenience Payments

Schedule one-time re payments from the bank that is different credit union.

Skip-a-Month re Payment

Skip as much as two re payments a year without a winner on your own credit history.

Park Community Credit Union is federally insured because of the nationwide Credit Union management.

Community Heroes Loan – A discounted loan system when it comes to one’s maintaining our communities safe.

Hardship Loan – that loan system for all those affected financially by COVID-19.

Skip A Payment – Skip financing re payment on qualifying loans.*

Mortgage Deferment – Postpone your Park Community mortgage repayment for three months.*

On line banking is an resource that is excellent our users. For a simpler enrollment procedure, please give us a call during company hours at 502-968-3681. If it is after hours or you’re a do-it-yourselfer, click the website link below to accomplish the self-enrollment procedure. You really need to have your user quantity.

You will be making the Park Community Credit Union site

You might be deciding to access a web link to a web site whoever content is certainly not managed by Park Community Credit Union. This website link is supplied being a convenience, therefore we aren’t accountable for this content or services provided on any connected website.

Hey there!

One minute although we redirect one to an outside website.

Extra guidelines for payday lenders as well as other organizations providing high-cost credit that is short-term impact from 1 July 2014. Learn more about just just what these loan providers will have to complete.

Organizations providing high-cost short-term credit must now follow extra guidelines on rollovers, constant payment authorities and danger warnings.

Rollover restrictions

Where a debtor cannot pay for to cover back once again that loan numerous loan providers provide the possibility to ‘rollover’ or extend the mortgage.

While a rollover may work nicely for a few borrowers, our company is worried that loans which can be over and over rolled over can cause an debt that is unsustainable for a lot of borrowers.

Payday loan providers along with other businesses providing high-cost short-term credit must now restrict the expansion of loans to two rollovers.

The place where a high-cost short-term loan has been rolled over twice, including before 1 July 2014, loan providers won’t be able to rollover the mortgage once again.

Before rolling over that loan these lenders may also need certainly to provide the debtor an information sheet which explains where and just how getting free financial obligation advice.

Regular payments

A payment that is continuous (CPA), that might be called a ‘recurring payment’, is where a company has authorization to just simply take a number of re payments from a customer’s debit or charge card.

Payday loan providers as well as other organizations providing high-cost credit that is short-term make use of CPAs to claim repayments.

We discovered some organizations had been utilizing CPAs as a commercial collection agency technique and that some borrowers consequently had problems spending money on basics such as for example meals and heating.

High-cost short-term loan providers are now limited by two unsuccessful tries to make use of CPA to just take a repayment and should not use a CPA to simply take a part-payment.

Nevertheless, the debtor should be able to ‘reset’ the CPA following two attempts that are unsuccessful make use of CPA, if the contract is rolled over or refinanced.

You will find comparable guidelines for loans which are become paid back in instalments and strict conditions around resetting a CPA, to guarantee customers stay static in control over their funds.

Danger warnings

Organizations providing high-cost short-term credit must now incorporate a prominent danger warning on all economic promotions.

These loan providers needed to incorporate a danger warning on all promotions that are financial electronic communications since 1 April 2014 (unless the medium used makes this impracticable). The chance caution is currently additionally needed on printing, television and radio promotions.

More information

There are various other rules that high-cost credit that is short-term must follow – see our final guidelines for credit rating companies.

You can observe our concept of ‘high-cost short-term credit’ into the glossary of our Handbook.