At KimCentral we believe we offer our Members a truly better banking experience.
Smaller, more personal, more efficient. Think about it, if the best thing you can say
about your bank is that it has a lot of locations, maybe you’re not banking at the right bank.
KimCentral Credit Union, just three locations with dedicated people who come to work every morning to give you what we call a "Kim-Pressive Experience".
E-Mails Fraud/Identity Theft Notice:
KimCentral Credit Union will NEVER send you an e-mail asking to verify, update, or provide personal,
sensitive financial account information via the internet.
If you feel you are a victim of suspicious e-mails regarding your account, please contact the credit union immediately.
The Growth Certificate is a special share certificate established to help young members save their money for a specific purpose. All students between the ages of 13-19 qualify for this product.
This is a one year certificate with a variable rate, changing the first of every month. A penalty of six months of dividends will be assessed to anyone who chooses to close their certificate before its maturity date. Minimum balance required is $10.00. Deposits can be made at any time to the account, as long as the deposit is $10.00 or more.
Stafford Loan
The Stafford Loan is a loan made to the individual student. This type of loan can be either subsidized or unsubsidized. A subsidized loan means that while the student is attending college, the interest on the loan is paid for by the government. An unsubsidized loan means interest will accrue while the student is completing their education. The college student can choose to not make interest payments on the loan while in school; however, the interest is capitalized and is added to the loan amount. Monthly payments begin on both a subsidized and unsubsidized loan six months after graduation.
Whether the loan is subsidized or unsubsidized is determined by the school. The student would receive half the qualified amount prior to the first semester and the other half prior to the second semester of each academic year. Student loan amounts vary based on student status (i.e. freshman, sophomore, junior, senior).
Origination and guarantee fees, from 0 to 3 percent, may be charged on any type of student loan. For more information logon to www.fafsa.ed.gov
Plus Loan
A Plus Loan is a student loan that is taken out by the parents, not the student. This type of loan is for undergraduate school only. The maximum dollar amount is based on cost of education minus any additional financial aid. The parent needs to qualify for the loan and repayment begins immediately.
