Emergency loans to make your employees lives better.
Financial stress and workplace performance are linked, causing increased absenteeism, loss in productivity and higher health care costs. Although it’s the employee’s problem, it is at your cost.
Alltru Credit Union has created the Salary Advance Loan for your employees, which gives them access to fast small dollar loans at an affordable rate, allowing them to avoid predatory pay day loans, build credit and automatically begin saving for future emergencies.
Alltru Salary Advance Loan Features
Low rates.
Flexible terms up to 24 months.
Accessibility.
With no minimum credit score requirements.
No hidden fees.
And no pre-payment penalties.
Easy loan management.
Your employees can manage their loan anytime, anywhere with online and mobile banking.
Strengthen your employees.
By building your employees credit and savings for the future.
Compare Salary Advance Loan
Rates, Fees and Features
| $500 Alltru Salary Advance Loan | $500 Predatory Pay Day Loan |
|---|---|
| 15.99% APR* with no application fee | Average of 400% APR*, plus fees |
| Builds borrower’s credit score | Does not build borrower’s credit score |
| Strengthens savings for the future | Does not build savings for the next emergency |
| Builds loyalty with their employer as a source for assistance with personal financial burdens | Leaves the employee seeking additional income or stressed out and less effective in the office |
Discover a valuable partnership.
Alltru Credit Union is on your side with our employer benefit services. We offer a range of free financial services – including benefits you can pass on to your employees. Talk to our team about Salary Advance Loans, Health Savings Accounts (HSAs), financial education, and more.
To get the latest research on financial stability and how it effects the workplace, download our free e-book Financial Stability: More than a Paycheck.
Let’s Talk
We’re in your neighborhood.
We are St. Louis, through and through. We have branches throughout the metro area. Plus, as a member you’ll have free access to hundreds of local ATMs.