White Rose Credit Union Personal Loans Review: Flexible Terms and Strong Customer Service

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white rose credit union personal loan review
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Established in 1950, White Rose Credit Union provides loans and banking services in York and Adams counties in Pennsylvania. Whether you work, attend school, or live in either county, you’re eligible to join White Rose.

Among its other banking products and services, White Rose offers personal loans, both secured and unsecured. While the credit union’s loans offer flexible terms, they might not have the lowest rates on the market.

If you’re considering a White Rose Credit Union personal loan, here’s what you need to know about the product.

White Rose Credit Union personal loan products

Before taking a closer look at this lender, check out the rates and terms on its unsecured and secured personal loans. Note that your APR will depend on a few factors, including your credit, loan amount, whether you use a qualifying cosigner, and repayment terms.

These rates are accurate as of June 8, 2018, but they can always change. Make sure to check with the lender for the most up-to-date information.

Loan amount APR Repayment terms
Signature loan Up to $20,000 8.99% and higher Up to 7 years
Share secured loan Amounts vary 2.99% and higher on terms up to 5 years; 3.99% and higher on longer terms Up to 10 years
Share certificate secured loan Amounts vary Certificate rate, plus 1.75% Terms vary

Personal loans can be used for just about any purpose, whether to pay for a home improvement project or to consolidate credit card debt.

White Rose Credit Union offers a few types of personal loans: its unsecured “signature loan” and two secured loan options.

  • Signature loan: This is White Rose Credit Union’s version of a personal loan. You can choose a repayment term as long as seven years, depending on how much you borrow.
  • Share secured loan: This is a personal loan secured by money in your savings (or share) account. Because these loans are secured, they tend to come with lower rates than unsecured loans. You can choose repayment terms up to 10 years.
  • Share certificate secured loan: This is a personal loan secured by your share certificate, which is a credit union’s version of a certificate of deposit. Repayment terms vary on these loans.

If you need a break from payments and you’ve had your loan for longer than three months, you might also qualify for White Rose’s “skip-a-payment” benefit. You’ll need to apply for this at least five days before your payment due date, and a $25 fee will apply.

Besides personal loans, White Rose Credit Union also offers auto loans, home equity loans, and mortgages.

White Rose Credit Union interest rates and fees

With APRs on unsecured personal loans starting at 8.99%, White Rose’s rates are only slightly lower than the national average of 9.22% for all credit unions (based on three-year unsecured personal loans).

Plus, several online lenders offer even lower rates to creditworthy borrowers. FreedomPlus, for instance, has rates starting as low as 4.99%. And since FreedomPlus is an online lender, you don’t need to meet any membership requirements to borrow.

Let’s say you borrowed a $10,000 loan on a five-year repayment term from White Rose Credit Union. At an 8.99% rate, you would pay $2,452 in total interest.

White Rose offers even lower rates on its secured loans. On a three-year term, your APR could be as low as 2.99%. On longer terms, APRs start at 3.99%.

A 3.99% rate over five years would cost you a lot less in interest than an 8.99% rate. On a $10,000 loan, you would pay $1,047 in total interest.

One thing to keep in mind: White Rose’s share certificate loan will have the same APR as your certificate, plus 1.75%.

You’ll see your rates after you apply and get approved for the loan. Make sure to estimate your monthly payments and interest with our personal loan calculator so that you understand the true costs of borrowing a personal loan.

What are the eligibility requirements to borrow?

To borrow from White Rose Credit Union, you must be a member or meet one of its membership requirements. These state that you must live, work, worship, go to school, or own a business in York or Adams counties.

If you’re borrowing one of its signature loans, you must also meet underwriting requirements for credit and income. Those applying for a secured loan must have a share account or share certificate with the funds required to back up their loan.

Using the White Rose Credit Union online platform

White Rose Credit Union has five branches in Pennsylvania, but it also offers an easy online application to anyone looking to borrow a personal loan.

Even if you’re not a member, you could be eligible. Note that you don’t have to be a Pennsylvania resident to qualify.

You’ll get started by indicating the state in which you live, as well as whether you’ll be applying individually or with a cosigner.

membership eligibility screenshot from white rose

Image credit: White Rose Credit Union

Next, you’ll enter your loan amount and preferred borrowing terms, including how you’d like to pay and how often you’d like to get billed.

loan information screenshot from white rose

Image credit: White Rose Credit Union

Finally, you’ll enter basic personal information, including your name, address, and Social Security number.

applicant information screenshot from white rose

Image credit: White Rose Credit Union

After reviewing your application, your last step will be to submit to the credit union. According to a customer service representative with whom I spoke, you should get your loan within two to three days.

White Rose offers strong customer service

White Rose Credit Union seems to excel at customer service.

“[Anytime] I have had questions or needed help, when I call the customer service, they are so nice and helpful!” one reviewer wrote on DepositAccounts. “And the people at the actual location are just wonderful. I rarely have to wait longer than a minute or two, they always have ample staffing, and the employees are incredibly knowledgeable and so nice!”

“I love the family atmosphere and the welcoming staff,” another wrote. “They do their best to help in good and bad times. They are always looking for ways to better my membership.”

Contact customer service for more information

Beyond this review, you can learn more information by visiting one of White Rose’s five branches or calling customer service at 888-755-9773. You can also send a message through its website or follow the credit union on Facebook or LinkedIn.

Finally, you might take advantage of its financial resources for customers. White Rose offers videos on budgeting, as well as blog articles about personal finance. Plus, it provides student and youth programs to help kids learn about money management.

As a small credit union, White Rose supports its community with educational programs and outreach initiatives. The credit union offers a full range of banking services and products, including both unsecured and secured personal loans.

At the same time, White Rose might not offer the most competitive rates you can find on a personal loan. So if your goal is to save money on interest, you should shop around to find the best personal loans before making your final choice.

Note: Student Loan Hero has independently collected the above information related to White Rose Credit Union personal loans. White Rose Credit Union has neither provided nor reviewed the information shared in this article.

Interested in a personal loan?

Here are the top personal loan lenders of 2018!
LenderAPR RangeLoan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Personal Loans: Fixed rates from 6.990% APR to 14.865% APR (with AutoPay). Variable rates from 6.255% APR to 12.555% APR (with AutoPay). SoFi rate ranges are current as of September 1, 2018 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. See APR examples and terms. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 6.255% APR assumes current index rate derived from the 1-month LIBOR of 2.08% plus 4.425% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

    To check the rates and terms you qualify for, SoFi conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull.See Consumer Licenses.
  2. Minimum Credit Score: Not all applicants who meet SoFi’s minimum credit score requirements are approved for a personal loan. In addition to meeting SoFi’s minimum eligibility criteria, applicants must also meet other credit and underwriting requirements to qualify.
  3. SoFi Personal Loans are not available to residents of MS. Maximum interest rate on loans for residents of AK and WY is 9.99% APR, for residents of IL with loans over $40,000 is 8.99% APR, for residents of TX is 9.99% APR on terms greater than 5 years, for residents of CO, CT, HI, VA, SC is 11.99% APR, and for residents of ME is 12.24% APR. Personal loans not available to residents of MI who already have a student loan with SoFi. Personal Loans minimum loan amount is $5,000. Residents of AZ, MA, and NH have a minimum loan amount of $10,001. Residents of KY have a minimum loan amount of $15,001. Residents of PA have a minimum loan amount of $25,001. Variable rates not available to residents of AK, TX, VA, WY, or for residents of IL for loans greater than $40,000.
  4. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Financing Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)

2 Includes AutoPay discount. Important Disclosures for Payoff.

Payoff Disclosures

  1. All loans are subject to credit review and approval. Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. Currently loans are not offered in: MA, MS, NE, NV, OH, and WV.

3 Important Disclosures for FreedomPlus.

FreedomPlus Disclosures

  1. All loans available through FreedomPlus.com are made by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, and credit usage and history. Eligibility for a loan is not guaranteed. Loans are not available to residents of all states – please call a FreedomPlus representative for further details. The following limitations, in addition to others, shall apply: FreedomPlus does not arrange loans in: (i) Arizona under $10,500; (ii) Massachusetts under $6,500, (iii) Ohio under $5,500, and (iv) Georgia under $3,500. Repayment periods range from 24 to 60 months. The range of APRs on loans made available through FreedomPlus is 4.99% to a maximum of 29.99%. APR. The APR calculation includes all applicable fees, including the loan origination fee. For Example, a four year $20,000 loan with an interest rate of 15.49% and corresponding APR of 18.34% would have an estimated monthly payment of $561.60 and a total cost payable of $7,948.13. To qualify for a 4.99% APR loan, a borrower will need excellent credit on a loan of $15,000 with a term of 24 months, and qualify for at least two of the following discounts: (1) add a co-borrower who has sufficient income; (2) use at least fifty percent of the loan proceeds to directly pay off existing debt; or (3) show proof of having at least forty-thousand dollars in retirement savings – contact FreedomPlus for further details.

4 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Personal Loan Rate DisclosureFixed interest rates from 6.49% – 19.49% (6.49% – 19.49% APR) based on applicable terms. Lowest rates range from 5.99%-18.99% (5.99%-18.99% APR), are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment Discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with us at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their Citizens Bank Personal Loan during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account two or more times within any 12-month period, the borrower will no longer be eligible for this discount.

5 Important Disclosures for LendingPoint.

LendingPoint Disclosures

  • Loan approval is not guaranteed. Actual loan offers and loan amounts, terms and annual percentage rates (“APR”) may vary based upon LendingPoint’s proprietary scoring and underwriting system’s review of your credit, financial condition, other factors, and supporting documents or information you provide. Origination or other fees from 0% to 6% may apply depending upon your state of residence. Upon LendingPoint’s final underwriting approval to fund a loan, said funds are often sent via ACH the next non-holiday business day. LendingPoint makes loan offers from $2,000 to $25,000, at rates ranging from a low of 15.49% APR to a high of 34.49% APR, with terms from 24 to 48 months. The loan offer(s) shown reflect a 28 day payment cycle which is being offered as a courtesy as many of our customers are paid on a biweekly schedule and thus this may better align the loan payment dates with your actual income receipt schedule.

6 Important Disclosures for LendingClub.

LendingClub Disclosures

All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history. The APR ranges from 6.16% to 35.89%. For example, you could receive a loan of $6,000 with an interest rate of 7.99% and a 5.00% origination fee of $300 for an APR of 11.51%. In this example, you will receive $5,700 and will make 36 monthly payments of $187.99. The total amount repayable will be $6,767.64. Your APR will be determined based on your credit at time of application. The origination fee ranges from 1% to 6% and the average origination fee is 5.49% as of Q1 2017. There is no down payment and there is never a prepayment penalty. Closing of your loan is contingent upon your agreement of all the required agreements and disclosures on the www.lendingclub.com website. All loans via LendingClub have a minimum repayment term of 36 months or longer.


7 Important Disclosures for Earnest.

Earnest Disclosures

  1. Earnest does not lend in Alabama, Delaware, Kentucky, Nevada, or Rhode Island.

8 Important Disclosures for Avant.

Avant Disclosures

* The actual rate and loan amount that a customer qualifies for may vary based on credit determination and other factors. Funds are generally deposited via ACH for delivery next business day if approved by 4:30pm CT Monday-Friday. Avant branded credit products are issued by WebBank, member FDIC.

** Example: A $5,700 loan with an administration fee of 4.75% and an amount financed of $5,429.25, repayable in 36 monthly installments, would have an APR of 29.95% and monthly payments of $230.33


* Important Disclosures for Upgrade Bank.

Upgrade Bank Disclosures

* Your loan terms are not guaranteed and are subject to our verification and review process. You may be asked to provide additional documents to enable us to verify your income and your identity. This rate includes an Autopay APR reduction of 0.5%. By enrolling in Autopay your payments will be automatically deducted from you bank account. Selecting Autopay is optional. Annual Percentage Rate is inclusive of a loan origination fee, which is deducted from the loan proceeds. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. All loans made by WebBank, member FDIC. Please refer to Upgrade’s Terms of Use and Borrower Agreement for all terms, conditions and requirements.

** Accept your loan offer and your funds will be sent to your bank via ACH within one (1) business day of clearing necessary verifications. Availability of the funds is dependent on how quickly your bank processes this transaction. From the time of approval, funds should be available within four (4) business days.

7.73% – 29.99%$1,000 - $50,000Visit Upstart
6.26% – 14.87%1$5,000 - $100,000Visit SoFi
6.99% – 35.97%*$1,000 - $50,000Visit Upgrade
5.99% – 24.99%2$5,000 - $35,000Visit Payoff
4.99% – 29.99%3$10,000 - $35,000Visit FreedomPlus
5.99% – 18.99%4$5,000 - $50,000Visit Citizens
15.49% – 34.49%5$2,000 - $25,000Visit LendingPoint
6.16% – 35.89%6$1,000 - $40,000Visit LendingClub
6.99% – 18.24%7$5,000 - $75,000Visit Earnest
9.95% – 35.99%8$2,000 - $35,000Visit Avant
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.