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Emergency Funds

A payday loan alternative that also helps you save for a rainy day.

Are you in need of immediate financial assistance? Instead of a high-interest payday loan, apply for our Borrow and Save Emergency Funds. Not only does it provide you with the quick cash you need, it helps you save for the next rainy day.

Get the financial assistance you need, and put money aside in an emergency fund.

Flexible amounts

Borrow from $300 to $1,500, depending on your needs & qualification.

Reasonable rates and no fees

Our loans average 18% APR, compared to the average 400% charged by payday lenders.

Built-in Savings

As part of the loan amount you request, we loan you a little bit more. That amount above what you requested we put into your savings account. Once your loan is paid back in full, we remove the hold on the money and you have a savings account balance.

Compare Options

  • Best if you want:

    Best if you want:

  • Cost to borrow $500 for 90 days

    Cost to borrow $500 for 90 days

  • Fees and interest

    Fees and interest

  • Amount in your savings account after the loan

    Amount in your savings account after the loan

  • Financial education

    Financial education

  • Confidentiality


Payday Lender


  • Best if you want:

    A high-interest loan with high fees.

  • Cost to borrow $500 for 90 days


  • Fees and interest

    Average 400% APR. Fees and interest equal $15 per $100 every 14 days.

  • Amount in your savings account after the loan


  • Financial education


  • Confidentiality

    Your personal information is sold.

Borrow and Save Emergency Funds


  • Best if you want:

    A low-interest loan that helps you save.

  • Cost to borrow $500 for 90 days


  • Fees and interest

    Average 18% APR. No application fee.

  • Amount in your savings account after the loan


  • Financial education

    Free financial education provided

  • Confidentiality

    Your personal information is kept safe and secure.

Borrow and Save Program Details

frond logoCredit unions have a long history of helping members, and that’s why we’re trying hard to break the payday lender cycle. Payday lenders aren’t regulated at the same level as other financial institutions, and they take advantage of people who are short of cash and need money to make it to the next month.

The Borrow and Save program is a small dollar loan that’s available even if you have a low credit score. It’s designed to help you when you most need it by providing you with a small loan with payment terms that make sense for you.

A built-in savings component helps prepare you for any future emergencies that may come up, so you won’t have to borrow money to handle them. We also provide you with tools and education, to empower you to get on the path to financial security.

Call us at 1.800.426.1601 or stop by your closest branch to learn more about our Borrow and Save Emergency Funds.

Life happens to us all. If you’ve gone through a rough time and are feeling financially unstable, our Second Chance products may be right for you. We offer a range of options, and together, we can create a plan that works best for you.



Stuck in a Payday Loan Cycle

“I was stuck in a payday loan cycle. I asked a friend and they told me about Borrow and Save. I am now out of the cycle and for the first time ever I have a savings account. ”

Everyone Was Helpful

“When they asked me about my finances, at first I wanted to tell them none of their business, but I learned they really cared and wanted to help me out, that they weren’t judging me. Everyone was so helpful.”

FAQs and Tips

Emergency Fund FAQs

Yes, but we don't use the report in the loan decision, we want to help you build up your score, this loan isn’t about your past as much as it is about your future. Together we can help you get to where you want to be.
We can offer a Borrow and Save up to $1500

Quick Tip

Need help? Don’t be afraid to ask.

Planning ahead for an emergency is great, but that’s not always possible. If you have an emergency, it’s always best to be honest and ask for help. The more information you share, the better we can help.


man at desk

Need emergency funds?

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