A road under water by a storm A road under water by a storm

Storm Damage Relief Loan Option

SouthPoint’s Storm Damage Relief Program offers financial assistance and flexibility to all SouthPoint members who have been negatively impacted by flooding and storm damage.

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Eligibility

Any new or existing SouthPoint Financial member affected by storm damage or financially impacted by a recent natural disaster.

Flexible Terms for New Loans

  • Unsecured loans available from $500 – $5,000
  • Low fixed-rate at 3.00% APR*
  • Repayment term up to 5 years
  • Minimal credit qualifications
  • Can defer payment up to 2 months

Payment Extensions Available on Existing Loans

We will defer any existing loan(s) currently financed with SouthPoint Financial for up to 2-months.

No Withdrawal Penalties on Certificates

We will waive any early withdrawal penalties for members who need to cash out an existing Certificate at SouthPoint Financial Credit Union.

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