Loans

Your Credit Union offers a full range of loan services for qualified member applicants. Our goal is to offer the membership low rates on loans while continuing to pay high dividends to our saving members. Finance charges are calculated on a simple interest basis. Disability and Life Insurance is available on any loan upon request.

Pre-approved loans save time and can give you bargaining power when negotiating for a car. Our loan procedure is so fast that applicants with proper documentation may be approved and distributed within the same day.

AUTO LOANS NEW/USED

Our auto rates start at 1.99% annual percentage rate (apy) All rates are subject to credit score.

2017-2019 model year – 84months…….call for rates!
2013-2019 model year – 60 months……..call for rates!
2013- 2019 model year – 36 months……..call for rates!
2011-2013 model year – 48 months……..call for rates!

Pay your loans through payroll deduction and never be late on your payments.

SIGNATURE LOANS:

Borrow up to $10,000.00 up to 60 months for your personal needs. Make easy payments through payroll deduction.

Rate as low as 7.9% *apr. interest rate subject to credit score

SHARE SECURED LOANS

Using the savings in your account as security . Pay 4% APR above rate of security. When your loan is paid off you still have the funds in your share account.

HOME IMPROVEMENT LOANS

UP TO $10,000.00
7.00%% apr
$10,000.00-120 MONTHS = approx$113.00 A MONTH
Fix up, improve, remodel
REQUIRES USING YOUR HOME AS SECURITY
Memeber can take CLOSING COSTS out of proceeds

HOME EQUITY LOANS

The home must be located in Erie and Niagara Counties and those counties immediately contiguous thereto.
The interest paid on your home equity loan may be tax deductible, consult with your tax advisor.
The highest rate to which your loan can go is 15%
Loan based on 80% of equity in house minus outstanding lien balances and the ability to pay.
No application fee or closing costs.
If the member removes the lien by paying off the loan AND requesting a discharge of mortgage before a 3year period, the member will then be responsible to reimburse the credit union for the closing costs.
Rate is adjusted semi-annually and adjusted according to the prime rate as published in the Wall Street Journal.

RATES:

Borrow from $10,000.00 to $30,000.00 your rate is prime plus 1
Borrow over $30,000.00 pay straight prime for life of loan

FIRST MORTGAGES AVAILABLE THROUGH OWNERS CHOICE MORTGAGE

Call OWNER CHOICE

Mortgage for current rates and terms. 716-839-0701
Fixed or adjustable rates
www.ownerschoice.com

OVERDRAFT PROTECTION

Apply for overdraft protection on your checking/draft account and never bounce a check.
Rate on an overdraft loan is at 14.9% apr.
VISA

WHY YOU SHOULD HAVE OUR VISA OPPOSE TO OUR COMPETITORS:

WE WILL NEVER RAISE YOUR RATE!!! up to $10,000

9.0% ON PURCHASES
11% ON CASH ADVANCES
NO ANNUAL FEE
NO CASH ADVANCE FEES
5 DAY GRACE PERIOD

OTHER SERVICES OFFERED TO OUR MEMBERS:

NOTARY SERVICE – AT NO COST TO OUR MEMBERS
REGAL CINEMA TICKETS
FANTASY ISLAND TICKETS
DARIEN LAKE TICKETS