General Loan Information
- In person at our office.
- Proof of Income.
- If Port Authority Employee – Most current pay stub (80 hours)
- Non Port Authority Employee – 2 most current pay stub and last year W-2
- Retired Port Authority Employee – Current year US Bank Statement and/or current year Social Security award letter.
- If additional Income – 2 most current pay stubs and W-2
- Loan applications can be taken by any PAAC employee.
- All loan applications are reviewed by the Loan Officer (usually on Wednesday of each week).
- You may pay off a loan at any time with no pre-payment penalty.
- We never charge pre-payment penalties.
New & Used (Cars, Trucks, Motorcycles)
Finance up to $45,000 (New) or $35,000 (used up to 5 years old) of the purchase price or appraised vehicle value, including tax & license.
Personal Loans
- For home improvement, car repair, vacations, etc.
- Click to estimate payment.
Share Secured Loans
You may use funds in your share accounts as collateral for a loan. The amount of shares used as collateral are frozen in relation to the balance of the loan account.
- Loan applications can be taken by any PAAC employee.