Get the money you need for school.
At TENCU, we believe in empowering students to achieve their educational dreams. Our cutting-edge student loan marketplace is designed to help you find the best student loan in a matter of minutes, not months.
Discover the benefits of our student loan marketplace:
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- Search for in-school and refinance loans that suit your unique situation
- Explore competitive fixed and variable interest rates for ultimate personalization
- Enjoy flexible repayment terms and options that fit your budget
- Say goodbye to origination fees and prepayment penalties
Ready to take the next step toward your education goals?
Take the First Step
Who can benefit from our student loans?
We're here to support students at every stage of their educational journey. Whether you're a high school senior planning for college, an undergraduate student pursuing your degree, a graduate student advancing your education, or even a borrower seeking to refinance for better terms, we've got you covered. Our student loans are available to:
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- Parents
- Undergraduate students
- Graduate and professional students (MBA, Law, MD, JD, etc.)
- Borrowers looking to refinance their existing student loans
What can you use our student loans for?
Our student loans are specifically designed to cover all your education-related expenses. From tuition fees and room and board to textbooks, supplies, transportation, and other essential costs, we've got you covered. Don't let financial barriers hold you back from achieving your dreams.
Ready to find out your personalized rates?
Discovering your pre-qualified rates has never been easier. Simply click the button below and let us guide you through the process.
If you have any questions or need further assistance, our dedicated team is here to help. Reach out to us via email at [email protected] or give us a call at 1-844-468-3628. We're always ready to support you on your educational journey.
Goodbye to high rates and inflexible terms on your student loans.
Introducing TENCU's student loan refinancing marketplace, designed to give you the freedom and flexibility you deserve.
Refinancing your student loan can help you:
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- Lower your interest rate and save money
- Reduce your monthly payments and improve cash flow
- Streamline multiple loans into a single, manageable payment
Ready to take control of your student loans?
Unlock Better Student Loan Rates
Why choose us for student loan refinancing?
At TENCU, we're committed to helping you achieve your financial goals. Our student loan refinancing program offers competitive interest rates, flexible repayment terms, and a hassle-free experience. We believe in empowering you to take charge of your financial future.
Interested in learning more? You can pre-qualify for refinancing online now.
Pre-qualify now
Q: What are private student loans?
A: Private student loans are provided by private lenders — banks, credit unions, and online lenders. You can use private loans to pay for education costs and living expenses, which your federal education loans might not cover. Interest rates and terms on private student loans can vary, depending on your financial situation, credit history, and the lender you choose.
Q: How can you use private student loans?
A: You can use private student loans to pay for education-related costs and living expenses, which your federal school loans might not cover. Some uses include:
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- Tuition and fees
- Room and board
- Housing Utilities
- Meals and groceries
- Books
- Supplies
- A personal computer you’ll use for school
- Dependant childcare expenses
Q: What types of student loans are there?
A: There are several types of student loans:
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- Federal student loans are offered by the U.S. Department of Education and have interest rates set by Congress. These loans also provide benefits and protections that private student loans don’t offer, such as access to federal deferment and forbearance options, income-driven repayment programs, and student loan forgiveness programs.
- Undergraduate student loans include both federal and private student loans that are used to pay for your undergraduate studies.
- Parent PLUS Loans are available to parents who want to help their child pay for school. Unlike other federal student loans, PLUS loans require a credit check, and you might not qualify if you have an adverse credit history, such as a default, delinquent account, or repossession. Keep in mind that some private lenders offer parent student loans, too — though these don’t come with the federal protections that PLUS Loans offer.
- Graduate student loans can be used to help you pay for grad school. Direct Unsubsidized Loans and Grad PLUS Loans are two types of federal student loans that can be used for graduate programs. There are also several private lenders that offer graduate student loans.
- MBA student loans can help you finance a business degree. While you might be able to use a general graduate student loan to pay for these costs, there are also private lenders that offer specialized MBA loans.
- Law school student loans can be used to pay for a law degree. You can take out general graduate student loans for this, or borrow specialized law school loans from certain private lenders.
- Medical school student loans can help you cover expenses while attending med school. Some medical school loans also sometimes let you defer payments until after residency.
Q: How does the TENCU marketplace work?
A: Tired of seeing rate ranges and not knowing where you fall in the range? The TENCU marketplace allows you to compare real, pre-qualified student loan rates through a single form. Think of it as Expedia or Google Flights of student loans.
With our marketplace, you can compare real repayment plans from multiple lenders side-by-side, so you know precisely how each loan stacks up when it comes to APR, monthly repayment, total repayment amount, and repayment options.
Q: How does student loan interest work?
A: Student loan interest works by adding a percentage of the loan amount to your outstanding balance over time. This interest rate represents the cost of borrowing money. When you make monthly payments, a portion of the payment is allocated towards covering the accrued interest, while the remaining amount goes towards reducing the principal balance (the original loan amount). Choosing a lower interest rate can help you save money over the life of the loan and accelerate the process of paying off your debt.
Q: What is a fixed- vs. variable-rate loan?
A: Before you borrow, you’ll need to decide whether you want a fixed- or variable-rate student loan. Here’s the difference between the two:
- A fixed-rate will stay the same over the course of your loan term. This also means your payments won’t ever change.
- A variable rate can fluctuate and possibly even increase over time. Because of this, your payments might rise or fall.
Q: What are the drawbacks of private student loans?
A: While private student loans can be a helpful option in some cases, they also come with drawbacks to keep in mind, including:
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- No federal benefits: Private student loans don’t come with federal benefits and protections. For example, you won’t be eligible for student loan forgiveness programs or federal deferment and forbearance options.
- Lack of repayment options: Unlike federal student loans, private student loans don’t provide a variety of repayment options. For example, private student loans typically don’t offer income-driven repayment or graduated repayment plans.
- Potentially higher interest rates: If you have excellent credit, you might get approved for a lower interest rate on a private student loan compared to a federal loan. However, many college students haven’t yet established enough of a credit history to qualify for these rates — so unless you have a cosigner, you’ll likely get a higher rate on a private student loan.
- No federal benefits: Private student loans don’t come with federal benefits and protections. For example, you won’t be eligible for student loan forgiveness programs or federal deferment and forbearance options.
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- Have a qualifying credit score (or a cosigner with one)
- Have a qualifying income and debt-to-income ratio (DTI) (or a cosigner with one)
- Be enrolled in an eligible education program
- Be a U.S. citizen or legal resident with a Social Security number
- Be at least 18 years old and hold a high school diploma or equivalent (or have a cosigner)
- Use the loan for education purposes only
Q: Do I need a cosigner for a private student loan?
It depends, but in most cases, yes. You don’t have to add a cosigner unless you’re under the age of majority in your state (usually between 18 and 21). But if you have a limited or poor credit history, lenders may require you to add a creditworthy cosigner to reduce their risk on the loan.
Plus, more than 90% of private student loans taken out by undergraduate students are cosigned. Even if you’re a graduate student and don’t need one, adding a cosigner with good credit can improve your chances of qualifying for a private student loan at a lower rate.
Our marketplace even makes it easy to compare cosigners to see which cosigner can help get you the best rate.
Borrow responsibly. We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan.
This student loan marketplace is powered by Sparrow. These loans are made by Sparrow’s lending partners. Ten Credit Union is not the creditor for these loans and is compensated by Sparrow for the referral of loan customers.
Applications are subject to a requested minimum loan amount of $1,000. Current credit and other eligibility criteria apply.
SPARROW RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, SERVICES, AND BENEFITS AT ANY TIME WITHOUT NOTICE. © 2023 Sparrow Labs Inc. All rights reserved. Sparrow, the Sparrow logo, and other Sparrow names and logos are service marks or registered service marks of Sparrow Labs Inc. All other names and logos used are the trademarks or service marks of their respective owners. Sparrow is not sponsored by or an agency of the United States of America.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
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A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
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- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
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Auto Loans
Longer terms are available.
| Loan Type | APR1 Starting At | Months |
|---|---|---|
| 2019 - Current New or Used Auto |
6.24% | 63 |
| 2014 - 2018 Used Auto |
7.24% | 48 |
| 2013 - Older Used Autos |
8.24% | 48 |
1APR = Annual Percentage Rate on Loan Accounts, effective January 22, 2024. All rates and terms are subject to change and individual credit approval. Membership with Ten Credit Union is required to obtain a loan. The Base Annual Percentage Rate (APR) is the advertised rate and may vary based on creditworthiness, vehicle age, mileage, and loan terms. Financing up to the retail value of the auto is available. For more information, please call 1-844-468-3628 or visit a Ten Credit Union branch to speak with a loan officer and determine the rate you qualify for.
For example, 10,000 borrowed at 6.24% APR for 60 months = $194.45/month.
Believe It! Money Market Rates
| Minimum to Open | APY1 | Dividends Credited2 |
|---|---|---|
| $2,500.00 | 0.10% | Monthly |
1APY = Annual Percentage Yield is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
Boat Loans
| Loan Type | APR1 Starting At | Months |
|---|---|---|
| 2023 - current New |
8.49% | 48 |
| 2018 - current Used |
8.99% | 48 |
| 2013 - 2017 Used |
9.99% | 48 |
1APR = Annual Percentage Rate on Loan Accounts, effective February 2023. All rates and terms are subject to change and individual credit approval. Please call 1-844-468-3628 or visit your local branch for additional information. APR is based on the applicant's credit history, credit qualifications, the age of the vehicle, and loan terms. Not all applicants will qualify for the lowest rate. Rates and terms are subject to change and may be withdrawn at any time. Other conditions and restrictions may apply based on the recreational vehicle to be financed. Membership with Ten Credit Union is required to obtain a loan. Offer does not apply to loans currently financed with Ten Credit Union.
Checking
$5 Minimum to Open
| Product | APY1 | Minimum to Earn Dividends | Dividends Credited2 |
|---|---|---|---|
| Experience Checking | 0.30% | $10,000 |
Monthly |
| Free Checking | 0% | $0.00 | |
| Restart Checking | 0% | $0.00 |
1 APY = Annual Percentage Yield is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at the end of which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
Mortgage, Home Refinance, & Home Equity Loan Rates
Call us for our current low rates: (615) 244-1910.
1 APR = Annual Percentage Rate is a variable based on an index plus a margin. APR is based on the evaluation of the applicant’s credit qualifications and associated LTV ratio. Available on new HELOCs only. Your actual APR may vary. All balances will accrue interest at the variable APR in effect for your account. The variable APR, as low as 8.50% APR, is based on the Prime Rate as disclosed in the Wall Street Journal, plus or minus a margin based on your credit history. The variable rate is subject to change each quarter thereafter, as stipulated by your original terms and conditions. The maximum APR is 18%. All rates and offers are current as of July 12, 2024, and subject to change without notice. Other conditions may apply. Advance amounts must be within your existing credit limit. Membership with Ten Credit Union is required to obtain a loan. Please get in touch with us for more information.
Motorcycle Loans
| Year | APR1 Starting At | Months | |
|---|---|---|---|
| 2023 - Current > 3,000 miles New |
8.49% | 48 | Longer terms available |
| 2018 - Current Used |
8.99% | 48 | Longer terms available |
| 2013 - 2017 Used |
9.99% | 48 | Longer terms available |
1APR = Annual Percentage Rate on Loan Accounts, effective February 2023. Rates and terms are subject to change and individual credit approval. Please call 1-844-468-3628 or visit your local branch for additional information. APR is based on the applicant's credit history, qualifications, the age of the vehicle, and loan terms. Not all applicants will qualify for the lowest rate. Rates and terms are subject to change and may be withdrawn at any time. Other conditions and restrictions may apply based on the recreational vehicle to be financed. Membership with Ten Credit Union is required to obtain a loan. This offer does not apply to loans currently financed by Ten Credit Union.
Personal Loans
| Loan Type | APR1 Starting At | Months | |
|---|---|---|---|
| Signature (Personal) | 11.49% | 24 | Longer Terms Available. |
| Personal Line of Credit | 13.65% | ||
| Certificate Secured | Starting at Deposit APY2 + 2.00% | 36 | $3,000 Minimum Amount. Longer Terms Available. |
1APR = Annual Percentage Rate on Loan Accounts, effective February 2023. All rates and terms are subject to change and individual credit approval. Please call 1-844-468-3628 or visit your local branch for additional information. Rate and term are based on the evaluation of the applicant’s creditworthiness. Not all applicants will qualify for the lowest rate. Other restrictions may apply. Offer is subject to change without notice. Membership with Ten Credit Union is required to obtain a loan. A 60-day deferral of the first payment is available on this loan. Deferring a payment will delay the payoff of your loan and result in additional finance charges if you only make minimum payments. The 60-day deferral program is subject to change at any time.
2 APY = Annual Percentage Yield = APY is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
Prime Money Market Rates
$10,000.00 Minimum to Open. Rate adjusted based on account balance.
| Account Balance | APY1 | Dividends Credited2 |
| up to $2,499 | 0.10% | Quarterly |
| $2,500-$9,999 | 0.25% | Quarterly |
| $10,000-$24,999 | 0.30% | Quarterly |
| $25,000-$49,999 | 0.35% | Quarterly |
| $50,000-$99,999 | 0.40% | Quarterly |
| $100,000-$299,999 | 0.45% | Quarterly |
| $300,000 and up | 0.50% | Quarterly |
1 APY = Annual Percentage Yield is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
Recreational Vehicle Loans
(Marine, RVs, Campers, ATV, and UTVs)
| Loan Type | APR1 Starting At | Months | |
|---|---|---|---|
| 2023 - Current | 8.49% (New) | 48 | Longer terms are available. |
| 2019 - Current | 8.99% (Used; Refinance) | 48 | Longer terms are available |
| 2014 - 2018 | 9.99% (Used; Refinance) | 48 | Longer terms are available |
| 2013 - Older | 9.99% (Used; Refinance) | 36 | Longer terms are available |
1 APR = Annual Percentage Rate on Loan Accounts, effective January 2024. Rates and terms are subject to change and individual credit approval. Please call 1-844-468-3628 or visit your local branch for additional information. APR is based on the applicant's credit history and qualifications, the age of the vehicle, and loan terms. Not all applicants will qualify for the lowest rate. Rates and terms are subject to change and may be withdrawn at any time. Other conditions and restrictions may apply based on the recreational vehicle to be financed. Membership with Ten Credit Union is required to obtain a loan. This offer does not apply to loans currently financed by Ten Credit Union.
Share Certificate & Share IRA Certificate Rates
$500 Minimum to Open
| Term | APY1 | Dividends Credited2 |
|---|---|---|
| 91 Days (3 Month) | 0.55% | Quarterly |
| 182 Days (6 Month) | 1.10% | Quarterly |
| 7 Month | 1.20% | Quarterly |
| 9 Month | 1.30% | Quarterly |
| 12 Month | 1.55% | Quarterly |
| 18 Month | 1.75% | Quarterly |
| 24 Month | 2.00% | Quarterly |
| 36 Month | 2.50% | Quarterly |
| 48 Month | 2.50% | Quarterly |
| 60 Month | 2.50% | Quarterly |
1 APY = Annual Percentage Yield is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
Share Certificate Promotions
| APY1 | Term | Minimum to Open | Dividends Credited2 |
|---|---|---|---|
| 4.00% | 6 Month3 | $500 to $100,000 | Quarterly |
| 4.50% | 6 Month3 | $100,000 or more | Quarterly |
1 APY = Annual Percentage Yield. APY is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at the end of which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
3The 6-month share certificate offers an APY of 4.00% for balances between $500 and $100,000, and an APY of 4.50% for balances of $100,000 or more. After the 6-month term, the share certificate will automatically roll over to a 6-month share certificate at the then-current market rate. This promotion is for new money only and requires a minimum opening deposit of $500.
Shares Rate Schedule
| Product | APY1 | Minimum to Open |
Minimum to Earn Dividends2 | Dividends Credited3 |
|---|---|---|---|---|
| Share Savings | 0.10% | $5.00 | $250.00 | Quarterly |
| Christmas Club | 0.15% | $0.00 | $100.00 | Quarterly |
| Summer Fun | 0.15% | $0.00 | $100.00 | Quarterly |
| IRA Accumulation | 0.20% | $100.00 | $250.00 | Quarterly |
| Roth IRA | 0.20% | $100.00 | $250.00 | Quarterly |
1 APY = Annual Percentage Yield is subject to change without notice. Early withdrawal penalties may apply. Membership with Ten Credit Union is required to open a certificate. After the certificate matures, the certificate will automatically renew at the current rate unless you indicate otherwise. Withdrawal of dividends before maturity will reduce earnings. See Share and Investment Rate Schedules for all other applicable terms.
2 Dividends are earned quarterly and calculated using the average daily balance method.
3 Dividend Credited: The rate schedule states the compounding and crediting frequency of dividends and the dividend period applicable to each account. The dividend period is the period of time at the end of which an account earns dividend credit. It begins on the first calendar day of the period and ends on the last calendar day of the period.
VISA Rewards Credit Card
| APR1 Starting At | Months | |
|---|---|---|
| 13.65% | N/A | No Annual Fee; No Balance Transfer Fees |
1 APR = Annual Percentage Rate is current as of June 2023 and based on the applicant's credit history and credit qualifications. APRs are variable and currently range from 13.65% to 17.99% based on the applicant's creditworthiness. This APR will vary with the market based on the Prime Rate as disclosed in the Wall Street Journal, plus or minus a margin based on your credit history. Not all applicants will qualify for the lowest rate. All rates and terms are subject to change. Membership with Ten Credit Union is required to obtain a credit card. With CU Rewards, earn one point for every dollar spent. Certain other restrictions may apply.