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Eligibility
All borrowers must be members of A-K Valley FCU and be age 18 or older. A co-signer or guarantor on a loan does not have to be a member.
Loan Policy
Our main objective is to meet the borrowing needs of our members. A member's character, past credit history, ability to repay, work history, outstanding obligations, and acceptable security are the primary factors our loan officers review when approving your loan.
Repayment Options
You select the repayment option that best suits your needs. Choose from:
- Monthly
- Weekly
- Bi-Monthly
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Bi-Weekly
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Semi-Monthly
You may also choose your method of repayment:
Transfer from your A-K Valley FCU savings or checking account (save 1/4% from your interest rate)
Payroll Deduction/Direct Deposit (save 1/4% from your interest rate)
Coupon Book - cash or check payments
Transfer from your savings or checking account at another financial institution
Best of all - You determine the payment due date that best fits your monthly budget!
Guaranteed Asset Protection (GAP)
What are the chances of your vehicle being stolen or wrecked? There could be a big difference between what your insurance will pay and what you owe on your loan. That is where Guaranteed Asset Protection (GAP) Insurance could save you thousands of dollars. Ask a loan representative for information on our GAP coverage protection.
Loan Protection Insurance
Credit Disability Insurance coverage is available for eligible borrowers. This insurance provides the protection and peace of mind granted by knowing that if you become disabled by illness or injury and are unable to work for 30 days or more, your loan payments at the credit union will be made. We also offer Credit Life Insurance for qualified applicants. The cost of both insurances is included in your monthly payment. Ask a loan representative for details and requirements for these valuable coverages.
Insurance Verification
If you have gotten a notice to verify your insurance on your car or home, you may satisfy that notice by providing proof of acceptable insurance using one of the following methods.
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Have the insurance agent call: 800-391-1519
*NOTE: A verbal verification from the member is not acceptable.*
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Fax the insurance policy t 866-869-0153
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provide the credit union with a copy of the insurance policy.
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Go online to CMG internet verification site.
- CUNA Mutual Group
- Click on "verify collateral insurance"
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