The Basics of PALs
- Loan amounts: $300 – $2,000 (subject to approval)
- Repayment: Fixed monthly payments (term based on what fits your budget)
- Fees & rates: Low, federally limited fees capped by NCUA rules.
- Limits: Only one PAL at a time; up to three in six months (per federal rules)
Why Choose a PAL from STTFCU?
- Member-first design: PALs offered by federal credit unions like us have built-in consumer protections (rate and fee caps, fully amortized payments, no rollovers). That make them much safer than short-term payday loans.
- Dignity, not judgment: Many members use PALs for a reason. We’ll help you choose an amount and timeline that fit your budget, so you can get the help you need now and get back on your feet later.
- Simple and fast: Apply online, and our team is here if you’d like help.
* All loans subject to credit approval and STTFCU lending policies. Terms and conditions apply.
Money 101: What’s so Special about PALs?
So, what makes a PAL different from those typical payday loans? Read our Money 101 article: “Payday Alternative Loans: How They Work and Why They’re Safer” for all the details.
Become a member, then apply online!
Joining STTFCU is the best step you can take toward healthier, more affordable borrowing on St. Thomas.
Online
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In Person
Allen A. Canton Building
5027 Norre Gade
St. Thomas, VI 00802-6749
By Phone
Call 1-340-774-1299