Loans

New and Used Cars 

When you're ready to buy that new car or truck, remember your credit union. Come see us first and we'll pre-approve your loan so you won't be misled into signing a high-rate loan at a dealership. We'll also be happy to take a look at paying off a current auto loan you may already have at another bank or auto manufacturer. Low loan rates at your credit union can save you interest and the monthly loan payments may be lower and save you even more money. New cars are financed for a term up to 72 months. Used cars may be financed from 24 to 60 months depending on the year of the car. Apply today. To get help finding your next vehicle, try our Autoadvisor.

Protection for Your New or Used Vehicle

PowerNet Credit Union offers two ways to protect your vehicle against those unforeseen events that could cost you a great deal of money. As a member, you pay much less than you would pay anywhere else.

Mechanical Breakdown Coverage (Extended Warranty)

Auto repairs are very expensive. Be prepared and protect yourself against costly vehicle repairs that could drain your savings.

Guaranteed Asset Protection (GAP)

Unfortunately, auto insurance rarely pays the full balance of your loan if your vehicle is involved in an accident or theft. GAP can pay the difference. After all, your vehicle is an investment. Protect yourself.

Share Secured Loans

Borrow against any of your credit union shares or Certificates of Deposit. Easy repayment schedules and a low Interest rate makes this one of the most convenient of loans. Your loan can be set up as a line of credit for any purpose.

Mortgage Loans 

Whether you're buying or building your home, we can help. With your credit union you'll get low fixed or adjustable rates and flexible terms. We do not charge service or underwriting fees, we're exempt from Florida's Intangible Tax, and our closing costs are low, so you'll save money at closing. Contact us first and we'll help you prequalify, so you'll have peace of mind knowing what will best fit your budget. First and Second mortgages are available with financing up to 95 percent for 360 months. PowerNet NMLS #709375

Construction Loans

We can help you build your dream home with a fixed rate mortgage. Using a homeowner's building permit, you'll have up to twelve months to complete construction. Once you've finished construction, your loan will be automatically converted to a permanent fixed or adjustable rate mortgage.

Home Equity Line of Credit (HELOC)

Need to borrow money for home improvement, medical expenses, debt consolidation, college tuition or something else? A Home Equity loan makes your equity available to you at a favorable rate as a personal line of credit for almost any purpose... including vehicles. You may even be eligible to deduct your loan interest for tax purposes! Take advantage of the equity in your home for today's needs with a HELOC loan.

MasterCard Credit Cards 

Your PowerNet MasterCard has a FIXED rate A.P.R. with the opportunity of no annual fee. Transfer high rate balances to your credit union and save money. You have a 25-day grace period if you pay your balance in full during the first billing cycle. Charge $2000 or more per year and you’ll have no annual fee. Use your PowerNet MasterCard for a cash advance, in any ATM wherever MasterCard or Cirrus is accepted.

Loans For Almost Any Reason

  • New and Used Motorcycles
  • New and Used Travel Trailers
  • New and Used Mobile Homes
  • New and Used Boats
  • New and Used Farm Equipment
  • Furniture and Appliances
  • Personal Loans

Fill out an online loan application
Rates and fees
Loan calculators



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Shared Branching services are available at over 300 credit unions branches in Florida and over 5,000 branches across the United States. Walk into any credit union displaying the CO-OP Shared Branch logo and access your PowerNet account for deposits, withdrawals and payments. Click here to find out more about shared branching services.

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