Holiday Loans

An affordable way to enjoy the most wonderful time of the year without breaking the bank.
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One of the benefits of banking with a credit union is knowing that we exist to serve the membership. It is with that spirit that we offer the Holiday Loan each year, from October 15 through December 31. 

With this limited-time loan, you can borrow up to $2,000 at a special low rate – as low as 5.75% APR.* If you borrow up to the maximum amount, you’ll have monthly payments of $171.89 over your repayment term.

If you find yourself needing a little extra help this year, you don’t have to go it alone. Bowater Employees CU is here for you, all year round. With our Holiday Loans, however, we hope we can bring you and your family a little extra Christmas cheer!

Competitive Rates

Available through December 31st

12 Month Terms

Let’s Get Started!

Pick the Loan Amount that Meets Your Needs
Agree to Your Rate and Term


“Always friendly and quick service. Very helpful with loans”

– Will G.

Frequently Asked Holiday Loan Questions

What credit score is needed for a holiday loan?

Approval is not based on credit score. We will consider your credit history, look at your income, and the amount of money you want to borrow.  

Your score is ultimately what determines the rate you will pay once you’re approved.

Do I have to be a member to apply for a Holiday Loan from Bowater Employees CU?

If you are not already a member, you are required to join as a part of completing your loan. For additional information on membership eligibility and joining, please visit this page

All of our loans, products, and services require a credit union membership. 

What factors will help me get the lowest possible interest rates when borrowing money?

At Bowater Employees Credit Union, as elsewhere, no matter which loan you’re applying for, a higher credit score typically translates into a better rate.  

As a member-owned nonprofit, our competitive rates are our gift to our members!

How can I make payments on my Holiday Loan?

With Bowater Employees CU, making payments on your Holiday Loan is a cinch. 

We offer online and mobile banking, which allows you to apply, make payments, and check your remaining balance. It’s the ultimate convenience that gives you control of your finances, no matter where you happen to be!

Ready to get started? Apply online today!

Your Local Lender is Here to Help This Holiday Season

Not sure about whether a Holiday Loan is right for you, or just want to discuss your options?  You came to the right place.

Our qualified loan officers can help you navigate the many choices and options available to you! Personalized customer service is one of the many benefits of borrowing from a local lender.

Reach out to us today to schedule an appointment at any of our five branch locations. Let’s make your holidays merrier.

Similar Loan Products

Personal Loans

A personal loan or line of credit helps you cover those extra expenses, consolidate debt, and more.


Skip a payment on an existing loan and get more cash in your bank account when you need it most.

ScoreCard Rewards VISA 

Earn Bonus Points for every qualifying dollar you spend. Then turn your purchases into amazing Merchandise, Travel, or Experience rewards! 

*Annual Percentage Rate. The rate shown is the lowest available rate, you may pay a higher rate depending on your credit score.

Payments $85.73 per $1,000 borrowed at lowest available rate.