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May 30: VIRTUAL PROM: Click Here to join our Virtual Prom at 8 PM!

Learn what Democracy FCU is doing to help members and the community: COVID-19 Resource Center.

Special Offers

National Event Loan

National Event Short Term Loan Program

Effective April 1, 2020, for a limited time

Democracy Federal Credit Union stands ready to assist members that have been impacted by the Coronavirus COVID-19 Pandemic. 

Members may be asked to provide documentation of how they have been negatively impacted financially by COVID-19. 

Option 1*: Only available to current members

  • No credit check
  • Loan amount cannot exceed three months of net pay with a max of $3,000
  • Rate of 3% APR*
  • Term up to 18 months
  • No payment for 90 days
  • Membership must be in place at least 30 days
  • Account must be in good standing
  • Normal underwriting guidelines do not apply
  • Requires direct deposit/proof of income  

Option 2*: Only available to current members

  • Credit check required
  • Loan amount cannot exceed four months of net pay with a max of $6,000
  • Minimum loan amount of $3,000
  • Rate of 7.24% APR*
  • Term up to 24 months
  • No payment for 90 days
  • Membership must be in place at least 30 days
  • Account must be in good standing
  • Normal underwriting guidelines do not apply
  • Requires direct deposit/proof of income  

 Option 3*:  New members during National Event  

  • Normal underwriting guidelines apply
  • Verification of income required
  • No payment for 90 days  
  • Rate based on Risk-Based Tier 
  • Credit check required

*Certain restrictions apply. Loan effective April 1, 2020, for a limited time. Loan can end without prior notice. Rates based on member qualifications.  

Member Loyalty

Get rewarded for your years of membership with us. 

At Democracy Federal Credit Union, we appreciate your business and your trust in us. Therefore, for your years of loyalty to Democracy FCU, we would like to say THANK YOU  by offering an additional discount on our already low-interest rates for signature and auto loans.*

Enjoy New Member Member Rewards in your first 90 days! 

New Democracy FCU Members have 90 days to take advantage of any two of the below offers:

  • 0.50% APR* discount on auto loans with rates as low as 2.35% APR!*
  • 0.25% APR* discount on Signature Loans with rates as low as 8.99% APR!*
  • Earn 3,000 bonus points when you spend $1,000 in the first 90 days with your Democracy FCU VISA Rewards Credit Card!* 

Membership has its Rewards! Members can enjoy: 

  • VIP Members: 62+ years, or $5K-$15K combined balances or 20+ transactions per month
  • Executive Members: $15K+ in combined balances or 30+ transactions per month
  • Presidential Members: $100K+ in combined balances or 40+ transactions per month

Additional discounts include: 

Member Rewards Program

Learn More

*Loan Disclosure/Certificate Disclaimer: Cannot be used in conjunction with other promotions or discounts. Certain restrictions may apply.

HomeAdvantage Program

Let Democracy FCU Help You Find Your Next Home

. . . And a Real Estate Agent who pays Cash Rewards at closing!1

  • 20% rebate on agent commission
  • Jumbo, fixed and adjustable rate mortgages
  • FHA/VA/reverse mortgages
  • Up to $2,000 in closing costs*

Learn More

(1) Limited time offer. Additional restrictions may apply. Subject to credit approval. 

*as a lender’s credit applied to home purchases and mortgage refinances.



Skipping a monthly payment on your auto and/or personal loans offer you financial assistance when you need it!

Eligibility Guidelines

Members may be asked to provide documentation of how they have been negatively impacted financially by COVID-19.

  • A completed Skip-A-Payment application must be received 10 days prior to the loan due date.
  • All Democracy FCU accounts must be in good standing and current; previous months payments must be completed.
  • The first three (3) payments of a new loan may not be skipped.
  • This offer applies only to automobile loans and signature (personal) installment loans.
  • This offer does not apply to loans that have been 60 or more days delinquent in the past six (6) months or modified/extended in the last 12 months.
  • Skip-A-Payment may be completed if the Overdraft Privilege amount due is within the 30 day repayment period.


Fees and Terms

  • Loan payment will differ with no penalties or late fees.
  • Interest will continue to accrue on all deferred payments and may extend the term of the loan.
  • Members with bi-weekly notes, or payments, will be able to skip two payments.
  • Payments made via payroll deduction and Automated Clearing House (ACH), will be, if needed, reversed from your loan and credited to your savings account.
  • Payments set up via Bill Pay, Online Automatic Transfer or ACH, will be the member’s responsibility to stop the payment(s) and then restart the payment (s).


To Skip-A-Pay, complete and submit the Skip-A-Pay Application


*Certain restrictions apply.


CASH-N-GO: Get up to $1,000 Today!*

Need money for your rent? Mortgage? Auto Repairs? Medical Bills? We’ve got you covered!

We know that having a financial safety net isn’t always possible, and in times of financial need, we want you to be able to count on us, and that is why we’re introducing an affordable and convenient Payday Alternative Loan: CASH-N-GO!

CASH-N-Go is a Payday Alternative Loan program designed to assist you with any financial emergency that you may have, while rebuilding credit and staying clear of paying high-interest fees to Payday Lending establishments.



  • Low fixed rate of 18% APR*
  • Long term options
  • Access to fast cash – up to $1,000*
  • Budget counseling services to help guide and prepare you to achieve financial freedom.


  • 30 days Democracy FCU membership
  • No credit check
  • Must be in good standing
  • Limit to 3 loans in any rolling 6 month period
  • $20 non-refundable application fee


  • No prepayment penalty
  • Automatic payments are encouraged
  • Regulations prohibit refinancing of this loan
  • Repayment term cannot exceed 6 months
  • Loan must be paid in full before another loan is extended


  • Debt protection
  • Skip payment, extension and/or modification programs 

*Certain restrictions apply. Loan disbursement based on member qualifications.