Loans

• Looking for a vehicle loan?
• Looking to research a new or used vehicle?

The credit union offers many varied types of loans that are available to members. Each type may carry a different interest rate based on your credit score. The money being lent to members belongs to the savers, so therefore, we are cautious that each borrower has the ability to repay. We also look at how you have handled your lending transactions with other financial institutions and businesses. At times you may be applying for a certain kind of loan and one of our loan officers might suggest a different kind of loan. This is because we try to look at the "BIG" picture of your financial condition, not just what you need today. Please allow us to help you review your finances in detail. We do require verification of income for our auditors and examiners, so please do not feel we are picking on you when we request this information. We have a full array of lending products and we want to be your lender.

Auto/Furniture/Mortgage

• New and Used Autos, Trucks, Boats, RV's and Motorcycles
• Purchase Loans
• First Mortgage
• Second Mortgage

Other Loans

• Personal
• Share Draft Line of Credit
• Share Secured
• Certificate
• Credit Cards (Visa or Mastercard)

When you need money for a loan we want you to contact us. The following are the ways to apply:

• Use Web PAL II
• Use PAL
• Call the Credit Union for a Phone Loan
• Stop in the credit union office

Insurance

• Loan Disability and Life
• GAPP - Guaranteed Auto Protection Plus

How my loan rate is determined

Your credit rating will determine the rate and the terms of your loan. Payment of outstanding bills on time equates to an excellent credit rating. Keeping your debt within your income is important. Information in your credit bureau is part of the determination used in the approval of your loan. The following is how your loan rate is determined:

Your Credit Bureau Score - Effective January 1, 2006

• 750 & Up = A+ Category
• 700 – 749 = A Category
• 670 – 699 = B Category
• 630 – 669 = C Category
• 600 – 629 = D Category
• 599 & under = E Category

If your credit score is "C" you have the ability after making 12 monthly payments on time to re-apply to change your loan rate if your score has improved.

If the score is a "D" or "E" at least 24 monthly payments must be made on time and your credit score has improved to a higher score before re-applying.

If there is discrepancy on your credit report, you have 90 days to improve your score and re-apply.

No-Surcharge ATM's