Borrowing & Credit

Personal Loan
Revolving Line of Credit
Share Draft Loan Protection
Share Secured Loans
Secured Loans

Mortgage Loans
Home Equity Loans
VISA
AutoConnection
Student Choice

 

At CFCU Community Credit Union, you'll find a wide variety of loans to meet practically any need and ability to repay. CFCU loans can be made on the basis of your signature or as a secured loan (secured by either your share savings on deposit at the Credit Union or by the item you are purchasing, such as a new car). Because the Credit Union uses the "simple interest" method of computing finance charges, there is never a penalty for pre-payment of a loan. If you're ready to apply for a loan, fill out our Loan-Online application. And if you need help calculating anything from a personal budget to a home mortgage, check out the Loan Calculators.

Note: The following information is an overview of CFCU's lending programs. Some restrictions may apply. Complete information about any service can be obtained at any CFCU location. Also check out our Loan Rates for these programs described below:

Personal Loan
If you are in need of cash today, whether it be for an unexpected expense or a vacation, our personal loan is here for you. 

  • Flexible repayment terms from 12-60 months.
  • No prepayment penalties.
  • Competitive rates.
  • Quick application process, apply today online, call, or stop in to any branch!
  • Deposited directly into your CFCU checking or savings account.
  • Cheaper and smarter debt than credit cards! Strengthens your credit score.

Let CFCU's Personal Loan help you out today!

Revolving Line of Credit
For signature loans, CFCU offers a convenient loan program that permits you to make one application to establish a line of credit, then borrow against that line as needed. You make regular monthly or biweekly payments based on the balance, and as your principal payment amount is paid down, you may again borrow up to your personal line of credit without making another application. Credit updates are required every three years.

Share Draft Loan Protection
If you occasionally need extra cash for an emergency or a special purchase, you can apply for share draft loan protection. This coverage allows you to write a share draft (check) for the amount you need (up to a pre-approved limit); any amount over your current balance automatically becomes a loan (rounded up in increments of $100). For example, if you write a share draft that exceeds your balance by $175, your loan would be $200. It's a fast and convenient way to write yourself a loan. To find out more or to apply, stop by any CFCU location.

Share Secured Loans
You may choose to secure a loan with funds you have on deposit in your Credit Union savings account. When you use shares to secure your loan, your savings continue to earn dividends at the current rate, and you benefit from CFCU's lowest loan finance rate.

Secured Loans
CFCU Community Credit Union also offers other types of secured loans for new and used vehicles, home improvements, etc. If you need to borrow for any purpose, contact CFCU for some of the best rates in town.

Mortgage Loans
No closing costs & great rates…make CFCU the area's leading residential mortgage lender!
It starts with lower closing costs, even no closing cost options, low Credit Union rates, more flexibility, wide selection of products, fast approvals and help from our knowledgeable lending professionals. If you want to finance a new home purchase or refinance an existing mortgage, call us at 607-257-8500 or visit CFCU HomeLoanOnline to apply online.

Home Equity Loans
Choose from fixed-rate home equity loans or variable-rate home equity revolving lines of credit. You benefit from a flexible source of borrowing power you can use for any purchase or expense. Take advantage of the Credit Union's low interest rates, and in many cases, tax deductibility of interest (check with your tax advisor).

  • Quick application process, apply today online, call, or stop in to any branch!

  • Home Equity Loans

    As low as
    2.90%
    APR*
    (for 60 months)

    *APR = Annual Percentage Rate. Rates quoted "as low as" are subject to change without notice. Actual loan rate will be determined by loan terms and credit score. Payment per $1,000 at 2.90% for 60 months = $17.92. Payment example does not include taxes and insurance premiums. The actual payment will be greater if taxes and insurance are included. No refinancing of CFCU loans allowed.

    VISA
    Thousands of Credit Union members have already saved money by paying off high-interest-rate credit card debt with our low-cost Classic VISA, Platinum VISA or Rewards VISA cards. The philosophy behind our VISA cards is simple...we keep interest rates as low as possible and offer other useful benefits our members want. With a CFCU VISA, you'll enjoy one of the lowest rates anywhere! Plus there's no annual fee if you have direct deposit or a mortgage with the Credit Union. To apply, please stop in at any branch location, call 607-257-8500 to request an application, or apply online by going to our Loan-Online page and following the instructions. You can download the Visa Card Guide to Benefits Standard Protection Package to learn more.

    Current VISA Credit Card Disclosure information.

    Access your VISA card online
    MyVisa provides you Internet access to your Visa accounts. It uses an array of firewalls and encryption technology to keep important card information secure. You can access payment address information, pay your bill online, find important customer service telephone numbers, order statement copies or open inquiries.

    You are able to receive electronic statements from MyVisa. You can also view and print information about minimum payment due, due date, amount of last payment, date of last payment, your current account balance, available credit, credit limit, and transactions posted since your last statement. This service is available free to all CFCU VISA cardholders and can be accessed by logging in to Online Banking and click "MyVisa".

    Verified by VISA
    Protect your Visa® card number when you buy online. Help prevent unauthorized purchases before they happen. Shop with added security and peace of mind. Create your own password today at www.visa.com/verified.

    Lost or Stolen Card?
    You need to report a lost or stolen card immediately. For CFCU CheckCard call 800-472-3272 . . . CFCU Visa card call 866-205-8314.

    VISA Auto Deduct Service Now Available!
    VISA Auto Deduct lets you make your CFCU VISA card payments automatically. Just choose whether you prefer to (1) make the minimum payment, (2) pay a set amount, or (3) pay the full balance every month. Then decide whether you want your payment withdrawn from your CFCU Share or Share Draft account. It's that simple. And there's no fee for this new service. For more information, please stop in at any branch location, call 607-257-8500, or email contact.us@mycfcu.com.

    AutoConnection®
    AutoConnection program – It’s a convenient way to buy a new car!

    Student Choice
    Student Choice – zero origination fees, low interest rates and flexible repayment terms. Credit Union Student Choice should be your first choice!