SPS Co-op

Fern Software

About this app

SPS Co-op's initial release of the new mobile banking interface.
Join SPS Co-op, see your statements anytime, apply for loans, and more.

Loan Terms Disclosure:

1. Loan repayment terms range from
Minimum Term: 12 months
Maximum Term: 48 months
Allowed Terms: 12, 24, 36, or 48 months

2. Maximum Annual Percentage Rate (APR): Interest Rate
Current Rate: 5% per annum
Note: The interest rate may vary depending on the loan product selected.

3. Example Loan Calculation:

Example: A loan of $1,500 for 12 months at an APR of 5% would result in a total repayment of $1,600.5 including all fees,insurance and interest.

4. Loan Approval Process
Loan are provided by SPS and the loan applications submitted via the SPS Co-op Mobile Banking App are not auto-approved.
They are stored in the Abacus Core Banking System.
An authorized user from SPS will review, approve, and disburse the loan manually.

What’s new

App is upgraded to api level 35 and entire UI of the app is changed.