Loans

Ely Area Credit Union is here to help your auto buying experience be a pleasant one. We suggest that you get pre-approved before you go out looking for your next car or truck. By getting pre-approved, you take the guesswork out of financing. When you do find the car you want, you have the confidence that your financing is taken care of and you know what you will be paying.

Vehicle loans don’t just mean cars. We also finance boats, campers, motorhomes, and motorcycles all at the same everyday low loan rates. Whether you’re looking for that new fishing boat or Harley Davidson, give us a call and let us help with the financing.

Recreational Vehicle Loans

If you’re ready to take to the trails on your new ATV or snowmobile, let us help you finance it. We offer competitive terms on snowmobiles, ATV’s, personal watercraft, and any other off road vehicle that will take you deep into the woods. Our everyday low loan rates are worth checking out.

Other Loans

Ely Area Credit Union has a variety of other loans that can offer you the quick cash you are looking for. Our Signature Loans do not require any collateral and can be used for any number of purposes. We also offer our members the option of using their accounts to secure a loan. Share secured loans offer the lowest interest rates and great terms. Our overdraft line of credit offers you peace of mind when it comes to your checking account. If you overdraft your checking account, this line of credit will cover those overdrafts saving you the overdraft fees.

Home Equity Loans

Take advantage of the borrowing power that you have established in your home. A home equity loan from Ely Area Credit Union is affordable and versatile. Whether you need to make improvements to your house, make a big purchase, take a dream vacation, the equity in your house can make those dreams happen. Our home equity loan interest rates are priced at the prime rate plus a margin of 0%. This pricing will always guarantee that you are never paying too much.

Platinum VISA® Credit Card

Check out the Platinum VISA® Credit Card from EACU. Our credit card is accepted anywhere in the world that VISA® is accepted. Our fees are low and our interest rate is very competitive. Call today for an application and compare our VISA® Credit Card Program with the cards you currently use.

Home Improvement Loans

Beautify your home with a loan from your credit union. You can use these funds for any improvement you would like to make to your home. If you need a new roof, or you want to put up a garage, or whatever the project, call today to receive all of the details on this versatile loan.

Credit Life and Credit Disability Insurance/GAP Coverage

These are optional products a member can purchase to protect their loans. If you are interested in these products, contact a loan officer for all of the details.

For our current savings and loan rates, call Kim or Mark in Ely at 1-218-365-3131, or call Laura or Tammie in Babbitt at 1-218-827-3121.