Personal Loans

Your important projects require flexible financing options.

Personal Loans

As low as 6.99% APR*
A cost-effective solution

When you know exactly how much money you need to borrow, our Personal Loan is the right choice. With competitive rates and no prepayment penalty, this option provides plenty of value. 

  • Flexibility to use your loan for any purpose
  • No origination fee
  • Quick approvals and funds available within 2 days†

*APR = Annual Percentage Rate. 6.99% APR offered for credit scores 760 or higher on a 48-month Signature Loan. For example, the monthly payment on a $10,000 48-month Personal Loan at 6.99% APR is $239.42.  8.99% APR offered for credit scores 680 – 759 on a 48-month Personal Loan. For example, the monthly payment on a $10,000 48-month Personal Loan at 8.99% APR is $248.80. The rate may vary and will be determined by your credit score. Other restrictions may apply. †Funds should be made available within (2) business days after the loan is approved if all required loan documents are received. Offer runs April 1 – May 31, 2021. 

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Personal Line of Credit

As low as 5.99% APR for the first 12 months *
Funds available anytime

With a Personal Line of Credit, you can access money when you need it, much like a credit card. You'll pay interest only on the funds you use. This option is ideal for projects and purchases, or for consolidating high-interest debt into lower monthly payments.

  • Draw on funds as needed
  • No origination fee
  • No annual fee for the first year
  • Quick approvals and funds available within 2 days†
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Education Loans

As low as 7.00% for 12 Months APR*
At the head of the class

Scient’s Life Science Education Loan is offered exclusively to life science employees. This loan covers costs of tuition, fees and textbooks upfront until you complete your courses and receive employee reimbursement.

  • Good for any life science employee with employer preapproval
  • No upfront costs
  • Low fixed rate

 *APR = Annual Percentage Rate

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Secured Loans

As low as 5.00% APR*
Leverage your savings

With your savings growing in a Scient Share Savings Account or Share Certificate, you can borrow against those deposits with a low, affordable rate. This option helps you build your credit history. Plus, you continue earning interest on the funds you borrow against.

Share Savings Secured

  • Borrow up to the balance available in your Savings Accounts
  • Loan payments are made monthly. As the loan amount reduces, funds become available for use in your Share Savings Account.
  • Maximum term is 60 months
  • Set rate of 5%

Share Certificate Secured

  • Borrow up to the balance in your Share Certificate
  • Payments are made monthly so the certificate is at full value when it matures
  • Maximum term is the maturity date of the Share Certificate
  • Set rate of 2% above the interest rate earned on the certificate

 *APR = Annual Percentage Rate

Scient FCU is a full-service credit union with branches in Groton and New Haven Connecticut.

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Scient Blog.

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†Funds should be made available within (2) business days after the loan is approved if all required loan documents are received.

*APR = Annual Percentage Rate. This is a revolving line of credit. There will be an introductory APR of 5.99% for the first 12 months from the account opening date for qualifying members with a credit score of 720 or above. After the first 12 months, your rate will increase to a minimum of Prime plus 4.99%, but no higher than 18.00%. Your rate will be based upon adding a margin to the Prime Rate depending upon your credit score. The current Prime Rate is 3.25% as of March 16, 2020. Minimum line of credit is $5,000. Maximum line of credit is $35,000.00 based on your credit score. There is an annual fee of $25.00 which is waived for the first year. Other fees and charges may apply. This credit union is federally insured by the National Credit Union Administration.