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Vehicles:
 We
offer up to 100% financing on New and Used Vehicle loans based
on the MSRP, NADA or purchase price, whichever is less. The
interest rate for this type of loan is based on credit score
and the term of the loan. Financing up to six years (72 months)
is available on new vehicles.
***Includes New & Used Autos, RV's, Trucks,
Boats, & Motorcyles
Other Collateral:
We offer up to 100% financing on New and Used collateral
based on NADA value or purchase price, whichever is less. The
interest rate for this type of loan is based on credit score
and the term of the loan. Financing up to five years (60 months)
on new collateral or up to four years (48 months) on
used collateral is available.
***Includes ATV's, Snowmobiles, Jet Skis, Lawnmowers,
Snowblowers
Personal Loan:
Our Personal loans are an unsecured loan that can be used for
any purpose, such as vacation, taxes, computers or personal
use. The interest rate is based on credit score. Maximum
term is three years (36 months) and loan amount is based
on credit score and income.
Overdraft Protection (LOC):
Our Overdraft Protection loan is an unsecured revolving line
of credit that is used for overdraft protection for the checking
account. Loan advances are made in increments of $100.00
and monthly payments (based on the loan amount; minimum payment
of $25.00) are due on the 15th of each month.
Share Covered Loans:
Our Share Covered loans require that funds be pledged from
a United Savings Credit Union deposit account or Certificate
to secure the loan. When money is pledged on an account,
a “hold” is placed on the money. This “hold” prohibits
withdrawals, but as the loan principal decreases, the pledge
also decreases.
 Student Loans-Plus & Stafford:
United Savings Credit Union will fund both Subsidized and Unsubsidized
Federal Stafford loans, Federal Plus loans, and Federal Direct
Consolidation loans, after receiving guaranteed from the
FISC. FISC services the loan and any student loan that the
member has will not be reflected within their account at
the credit union.
Students who wish to borrow must complete the FAFSA application.
Once the school receives the financial aid package back for the
student, then application can be made at the credit union for
the student loan. Once the guarantee agency receives the completed
promissory note, it will electronically for the loan proceeds
to the school or University. |
