LENDING

Our loan application process is quick and easy. Your eligibility and the rates you’re offered are mostly determined by credit score, as well as your income and the type of vehicle you’re looking to finance.

Mechanical Repair Coverage

Whether you depend on your vehicle for work or getting your family to school and activities, you need transportation that’s safe and reliable. The older your vehicle, the more it takes to keep it in good working order. Not making small repairs can lead to even more expensive repairs. Ignoring repairs can be dangerous.

Mechanical Repair Coverage (MRC) can help deflect some of those costly covered repairs while keeping your vehicle running extra miles and extra years. With various coverage levels and deductibles to choose from, there’s a plan to fit your family’s budget. Ask a Wichita Falls FCU representative for details or get a quote by calling (940) 322-9328.

GAP Plus Insurance

Don’t let a wrecked vehicle wreck your finances.

Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. A good rule of thumb is to assume your new vehicle will depreciate more than 20% after the first year you own it, half of which occurs the minute you drive it off the lot.* This leaves a gap between what you owe on your loan and the value of your vehicle if it’s deemed a total loss due to an accident or theft. Our GAP program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan.

Our GAP Plus program includes Deductible Assistance which is designed to provide financial relief when your vehicle is damaged but not deemed a total loss. If repairs cost more than your deductible, the deductible amount is applied to your vehicle loan at the credit union, reducing what you owe.

Contact us today to learn more about adding GAP Plus with Deductible Assistance to your vehicle loan so you can worry less about tomorrow.

GAP-2488407.1-0419-0521 © CUNA Mutual Group, 2019. All Rights Reserved

Personal Loan Options

Signature loans for all of your financial needs, such as car repairs, taxes, legal fees, bill consolidation, moving, and much more!

Vacation Loan Special

Want to go on that dream vacation? We can help with a Vacation Loan featuring a 2.00% lower interest rate than a regular personal loan! With this low rate and 1-year term, we can help your dreams come true.

Loan amount and rate based on your credit history and/or debt ratio. Vacation Loans are available from May 1 through August 31.

Christmas Loan Special

Need a little extra cash this holiday season? We can help with a Christmas Loan featuring a 2.00% lower interest rate than a regular personal loan! With this low rate and 1-year term, we put you first to help meet your needs. 

Loan amount and rate based on your credit history and/or debt ratio. Christmas Loans are available from November 1 through January 31.

Salary Advance Loan

Emergency? Need money quickly? Get $500.00 - $700.00!

• Pay a loan fee of $10.00

• Complete application

• Get cash

• Repay at 23.00%

• Requires six months employment

To report a lost or stolen card, call (866) 604-0381.

Annual Fees: None.

Cash Advance Fees: None

Late Payment Fee: Minimum payment is due within 10 days following your payment due date or you may be charged a late fee of $25.00

Over the Limit Fee: None

Return Check Fee: If a check used to make a payment on your account is returned unpaid, you may be charged a fee of $15.00 for each item returned

Foreign Currency Transaction Fee: 1.00%

Variable Rate Information: Not Applicable

Grace Period for Purchases: Your due date is 24 - 30 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month

Balance Calculation Method for Purchases: The finance charge is calculated on the average daily balance (including new transactions)

Charges incurred by use of the card are due on receipt of the account statement.

Fair Reporting Act Notice
Grant of this application is conditioned upon your satisfying any applicable criteria based on your credit worthiness, including your income, employment, and any other information provided by you. You have the right to prohibit information contained in your credit report from being used in connection with any credit or insurance transaction that is not initiated by you. You may exercise this right by contacting the credit reporting agency opt-out notification system toll free at 888-5-OPTOUT (888-567-8688) or write to Equifax Operations, PO Box 740123, Atlanta, GA 30374-0123.

• A home equity loan leverages your ownership stake to help you finance large costs over time

• Home equity financing offers more money at a lower interest rate than credit cards or personal loans

• Some of the most common (and best) reasons for using home equity include paying for home renovations, consolidating debt, and covering emergency or medical bills

You put a lot of thought into buying a house that you will be happy with for years to come. Our goal is to make sure you feel just as good with your mortgage decision too.

We are proud to partner with Servion Mortgage, who offers expert advice to guide you through the home loan process. Because Servion Mortgage is a CUSO, they understand the Credit Union philosophy which is people helping people. We offer a wide variety of mortgage loan programs to meet the needs of new home buyers and those who want to refinance their current mortgage.

• Conventional

• FHA

• VA

• USDA

• Non-Conforming

• Jumbo

Apply online or you can email loans@wichitafallsfcu.com for questions.

Additional Lending Services

Debt Protection with Life Plus

Financial Protection for the unexpected – protect the ones that matter most.

Debt Protection with Life Plus could help your family’s financial situation against a variety of covered life events:

• Involuntary Unemployment

• Disability

• Death

For additional protection, Life Plus can extend your Debt Protection with Life Plus to address a wide range of circumstances, giving you the reassurance of knowing you’ve taken steps to help secure your finances.

• Accidental dismemberment

• Terminal illness

• Hospitalization or family medical leave

Disclosure
Your purchase of Debt Protection with Life Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply.

Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of Debt Protection with Life Plus. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.