Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Credit Unions vs Payday Loans in Green Bay, WI
4 credit unions are headquartered in Green Bay, with 145,454 members in total. Credit unions are member-owned and often offer small personal loans and payday alternative loans (PALs) at far lower rates than payday lenders.
- Credit unions
- 4
- Members
- 145,454
- Federal
- 0
- State-chartered
- 4
Credit unions vs payday loan stores in Green Bay
Green Bay has 12 payday, installment and title loan stores but only 4 credit unions headquartered here — about 3.0 loan stores for every credit union. Local credit unions count 145,454 members — roughly 77 memberships per 100 residents.
Credit unions
4
2.1 per 100k residents
145,454 members
Payday & loan stores
12
6.4 per 100k residents
9 store chains
Biggest loan store chains in Green Bay: Cash Store (3), OneMain Financial (2), Advance America (1), Check 'n Go (1), Check Into Cash (1).
What a $500 loan costs over 3 months
| Option | Payment | Total cost |
|---|---|---|
| Payday loan, re-borrowed 6 times (~574%+ APR) | $75.00 every 2 weeks | $450.00 |
| Credit union PAL, 3 monthly payments (28% APR + $20 fee) | $174.50 a month | $43.51 |
- You keep with a credit union PAL over 3 months
- $406.49 payday costs 10× more
Payday: a typical fee of $75 on a $500 loan for 2 weeks (WI limits are not set in dollars), paid 6 times in 3 months. PAL: payday alternative loan from a federal credit union, capped at 28% APR with an application fee of up to $20.
What it means for a household in Green Bay
- Median household income
- $76,251
- Payday fee of $75, share of two weeks' income
- 2.6%
- Hours of work to pay the $75 fee
- 3.7 hours
- PAL payment of $174.50, share of monthly income
- 2.7%
- A $400 emergency equals
- 1.9 days of income
- Households earning under $25,000
- 13.8%
- Residents below the poverty line
- 11.7%
Income and poverty: U.S. Census Bureau, American Community Survey, by ZIP code; figures for Green Bay are population-weighted and approximate. Hours of work are based on the median individual income.
Payday loans vs credit union PALs: the rules in Wisconsin
| Payday loan in WI | Credit union PAL | |
|---|---|---|
| Legal status | Allowed | Offered by many federal credit unions |
| Loan amount | No state limit | $200 – $2,000 |
| Fee limit | No strict state limit (N/A) | Application fee up to $20 |
| Typical APR | ~574%+ | Up to 28% |
| Term | Usually 2–4 weeks, due in one payment | 1 to 12 months, in installments |
| Credit check | Usually none; a bank account and income are required | Membership required; payments can be reported to credit bureaus |
Payday rules: Wisconsin law as summarized on our Wisconsin payday page. PAL rules: National Credit Union Administration (NCUA) rules for federal credit unions (PAL I and PAL II); state-chartered credit unions may offer similar small loans.
Credit unions headquartered in Green Bay
| Credit union | Address | Members | Website |
|---|---|---|---|
| Capital Credit UnionState-chartered | PO Box 2526 Green Bay, WI 54306 | 127,670 | capitalcu.com |
| Pcm Credit UnionState-chartered | PO Box 28500 Green Bay, WI 54324 | 15,556 | pcmcu.org |
| Wisconsin Medical Credit UnionState-chartered | 1677 S Webster Ave Green Bay, WI 54301 | 1,233 | wismedcu.org |
| Service Credit UnionState-chartered | 2850 S Ashland Ave Green Bay, WI 54304 | 995 | service-cu.com |
Payday and installment loan stores in Green Bay
For comparison: storefront payday, installment and title lenders in Green Bay with addresses, phone numbers and hours. Check a credit union first — a PAL or small personal loan usually costs far less.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 117 Military Ave Ste H Green Bay, WI 54303 | (920) 429-1260 | — | 4.9 |
| 2030 E Mason St Ste J Green Bay, WI 54302 | (920) 406-0060 | — | 4.8 |
| 2815 S Oneida St A Green Bay, WI 54304 | (920) 496-9600 | — | 4.9 |
| 1780 W Mason St Green Bay, WI 54303 | (920) 494-2555 | — | 3.7 |
| 2787 S Oneida St Green Bay, WI 54304 | (920) 494-6990 | — | 2.9 |
| 506 South Military Avenue Green Bay, WI 54303 | (920) 490-5583 | Mon–Fri 9:00 AM – 5:30 PM Sat–Sun closed |
— |
| 2416 W Mason St Ste 104 Green Bay, WI 54303 | (920) 490-4603 | — | 4.9 |
| 2056 Main St Green Bay, WI 54302 | (920) 465-3432 | — | 4.8 |
| 2230 Main St Ste B Green Bay, WI 54302 | (920) 429-5160 | — | 4.4 |
| 1226 Military Ave Ste B Green Bay, WI 54304 | (920) 489-3233 | — | 5.0 |
| 2272 W Mason St Green Bay, WI 54303 | (920) 471-4174 | — | 4.9 |
| 2685 W Mason St Ste A Green Bay, WI 54303 | (920) 405-9514 | — | 4.4 |
More about Green Bay
Only credit union headquarters are listed, with the address on file with the NCUA; phone numbers and branch locations are on each credit union’s website. Many credit unions also have branches in Green Bay and nearby — check membership requirements, as some are open to anyone who lives or works in the area. Loan stores: storefront locations of major payday, installment and title lenders; call ahead to confirm hours.