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Mazuma Credit Union
Mazuma Credit Union
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 day
Can you get this?
✓Open to individuals and businesses in specific counties
✓Requires a Social Security number
✓Requires a valid form of identification
✓Requires a $1 deposit to join
Your real odds
Mazuma publishes no approval rates and no data on how many loans it funds.
As a CDFI credit union, Mazuma weighs community impact and member relationship over the narrower criteria a traditional bank applies, but it does not disclose how that translates into selection outcomes.
What it takes
Confirm eligibility and become a member1 day
Contact a business banker1 to 3 days
Submit loan application with documentation1 to 2 wks
Worth knowing
Mazuma is member-owned and not-for-profit, which tends to mean lower rates and fewer fees than a traditional bank, so run the comparison before you apply anywhere else.
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