All members 18 & over are eligible to apply for loans. The credit amount approved is based upon the member's ability to repay and the member's credit history. A Credit Union loan offers:
Credit Life Insurance, Credit Disability Insurance and Guaranteed Asset Protection are available for purchase to eligible members and co-applicants. Credit Life Insurance pays the remaining loan balance should the insured die. Credit Disability Insurance makes the required loan payment should the insured become disabled and unable to make repayment after 30 days, benefits are retroactive to the date of disability. Guaranteed Asset Protection most commonly referred to as GAP insurance does just what it's name says, it pays for the gap that is sometimes leftover after your insurance has paid the maximum benefit in the unfortunate event of car theft or in the event of an accident that totals your car. Extended warranties are available at a fraction of what you would pay at a dealership.
Home Equity Loans/Home Improvement Loans
Line of credit loan consists of a draw period and repayment period. Closed end loan with no draw period.
Types of Loans Available
- Variable Rate Share Secured
- Closed End Single Pay Share Secured
- Share Certificate Secured
- New Auto
- Used Auto
- Classic Auto
- New RV's
- Used RV's
- New Boats
- Used Boats
- New Motorcycles
- Tractor/Equipment
- Single Pay Collateralized
- Horse Trailer
- Signature - Open End
- Line of Credit - Open End
- Single Pay - Closed End
- Fire Station
- Home Equity Loans
- Home Improvement Loans
- First Time Auto Buyer
- Credit Builder
- PAL loans (Payday Alternative Loan)