Address:
105 Jackson Street
CPO 2171
Berea, KY 40404

Phone:
859-985-3789

Hours:
M–F, 9am–1pm
M–F, 2pm–5pm

Contact:
tarterj@berea.edu

Membership

Berea Credit Union Membership is open to employees and retirees of the following:

Membership is also open to all employees of businesses and organizations in the vicinity of the College Square and the immediate family (spouse, parent, child, grandparent, grandchild or sibling) of those employees and retirees.

How to Obtain a Loan

Unsecured Loan

Basic information required on the loan application includes the amount requested and the purpose. Other debt and income information is also required. The loan application will be presented to the BCU Credit Committee along with available information concerning current share and loan status and past loan history. The Committee meets weekly to consider applications. Would your loan not be approved, you will be informed of the reason. There is a $10.00 processing fee that will be added to the loan if the loan is approved.

Secured Loans

A secured loan refers to a loan which is secured by the property being purchased, such as a car or truck, or by shares owned by the member. With a secured loan a lien is taken against the vehicle offered for security or a hold is placed on shares for security. All liens and holds for the secured loan are released after the final payment of the secured loan.

Application for a secured loan is the same process as for an unsecured loan. If a car or truck is involved, you will be asked to bring in a buyer’s order, if it is from a dealer, or if from an individual, the vehicle identification number and a description of the car. You will be required to pay a $22.00 lien filing fee.