New Loan Updates Effective January 1, 2017 - Postponed
In order to provide participants additional time to prepare for the upcoming loan changes, which are outlined below, the changes will be postponed until the end of the first quarter. Check back to our website for additional details.
Beginning July 2009, in response to furloughs, Savings Plus lowered its minimum account balance required to initiate a loan from $10,000.00 to $5,000.00 and increased the number of loans permitted. In the first quarter of 2017, Savings Plus will re-establish its minimum account balance back to $10,000.00 and will modify the number of loans allowable to one loan per plan.
You can request either a general purpose or primary residence loan by logging into your account on the Savings Plus website or contact a Savings Plus Service Center representative.