Online Banking

New to online banking? Get started

Personal Accounts
Business Accounts

 Remember my username

Forgot login?


 Remember my ID

Forgot ID?


Routing Number: 291880411

Careers Contact Us   1-800-341-9911

Like us on Facebook Follow us on Twitter Join us on Pinterest Link with us on Linkedin Follow us on Google+






Apply Now



$1,000 Minimum Amount

$10,000 Annual Limit

$40,000 Student
Aggregate Limit
(for RCU private loans only)

$80,000 Cosigner Aggregate Limit (for any loan identified as a student loan)



Augsburg College

Bethel University - St. Paul

Chippewa Valley Technical College

College of St. Scholastica

Concordia University -
St. Paul
or Wisconsin

Hamline University

Macalester College

Metropolitan State University - St. Paul

Minnesota State University - Mankato or Moorhead

North Dakota State University

Northwestern College - St. Paul

St. Catherine University

St. Cloud State University

St. John's University

St. Mary's University of Minnesota

University of Minnesota - Crookston, Duluth, Morris, or Twin Cities

University of St. Thomas

University of Wisconsin -
Baraboo, Barron, Eau Claire, Fond du Lac, Fox Valley, Green Bay, La Crosse, Madison, Manitowoc, Marathon, Marinette, Marshfield, Milwaukee, Oshkosh, Parkside, Platteville, Richland, Rock, River Falls, Stevens Point, Sheboygan, Stout, Superior, Washington, Waukesha, or Whitewater

Viterbo University

Western Wisconsin Technical College

William Mitchell College of Law - St. Paul

Winona State University

Wisconsin Indianhead Technical College



Going to college can be overwhelming but paying for it shouldn't be! We have provided Student Loans for more than 35 years, so we know how to make financing your education easy and affordable. Reach for your degree today!

RCU offers a private student loan to assist you with paying for school tuition that may not be covered through federal aid. Your private student loan can only be used for school expenses. Before applying for a private student loan, you must first apply for federal student loans as they will be your lowest cost options. For more information regarding federal student loans contact your school’s financial aid office or go to the Department of Education website.
Visit the Department of Education website.

Benefits of an RCU Private Student Loan

Enjoy competitive interest rates and many other benefits including:

  • No processing or origination fees
  • Funds are disbursed directly to your school electronically
  • No payments due until after graduation or dropping below half time status
  • Multiple repayment options
  • Repayment term of up to 12 years
  • Rate reduction of .25% with automatic payment deduction
  • Co-signer release option after 36 consecutive on time payments
  • No prepayment penalties
  • 10-day grace period after payment due date

View frequently asked questions.

Apply for a RCU Private Student Loan

To apply for a private student loan you must:

  • Be an RCU Member or qualify for membership Join RCU today.
  • Attend one of the eligible schools listed on the left at least half time

In addition, you (or your co-signer) will need to have a satisfactory credit score, at least two years of credit history, and income sufficient to make payments.

Apply for a student loan online today.

Private student loans require a longer processing time. The timeline to process your loan consists of:


Day 1

You Complete the Online Application


Days 2-7

Cosigner Signs Application (if applicable)


Days 8-9

Application Reviewed


Day 10

Certification Request Sent to Your School
(The school must certify that the amount of the loan matches
the difference between tuition and federal financial aid.)


Day 30

School Certification Received


Day 31

Approval Disclosure to Student


Day 34

Final Disclosure to Student


Day 42

First Disbursement Sent to School


  • Rates are based on Prime Rate plus a margin.
  • Rates are subject to credit approval.
  • Rates will change quarterly based on Prime Rate.
  • Rates will range between 3.25% and 8.25%.

Repayment Options

Choose from the following options to repay your loan:

Deferred Payments
Make no payments while enrolled in school. Interest will be charged and added to your loan.

Interest-Only Payments
Payments will begin 30-60 days after the first disbursement. Repayment of principal and interest begins 30-60 days after 6-month grace period ends.

Immediate Repayment
Repayment of principal and interest begins 30-60 days after the first disbursement.

You may take up to 12 years to repay your loan. There are no penalties for paying off your loan early. You can also make pre-payments to lower your future payments as well as the total interest of your loan.




Online Applications

Credit Cards

Business Loans

Consolidation Loans

Home Equity Loans

Home Loans

Overdraft Protection

Personal Loans

Student Loans

Vehicle Loans

Commission Loans

Account Disclosures

View disclosures.

For More Information

Application Process
Call 1-877-526-6765

Existing RCU Private Student Loan
Call University Accounting Services

Mail Payments To University Accounting Services
PO Box 5865
Carol Stream, IL

Email Member Services