Loans

Vehicle, RV and Boat Loans

Save Big Money with a credit union loan!

  • Applies to purchases or refinances from another financial institution or finance company.
  • Easy application process.
  • No prepayment penalty.
  • Fill out your loan application on-line.

Apply for a Loan

LOAN CALCULATOR

Send your physical damage insurance coverage information to:

Western Cooperative Credit Union
PO Box 924427 Fort Worth, TX 76124
Fax: 1-877-513-3905
www.MyLoanInsurance.com
Toll-Free Phone: 1-877-261-6757 – 24 Hour Service

We've Streamlined How Members Can Claim Their Complimentary AD&D Coverage. It's Fast, Easy And Online. Get Started.

Agricultural Loans

Great rates and personal service for farmers and ranchers.

  • Lines of credit and loans at competitive rates are available for operating expenses, cattle, equipment and real estate purchases and expenses.
  • Loan officers provide ongoing financial analysis and on-the-farm visits for convenience.
  • The credit union offers low rates and flexible terms.
  • Ag loans are risk-rated.

Home Equity Loans

Check this out!

  • Borrow for home improvements, college tuition or starting a business.
  • No closing costs under normal circumstances
  • Borrow at a fixed or variable rate.
  • Consult a tax adviser regarding the deductibility of interest.

Home Equity Line of Credit

Members use the equity in their home to establish a revolving line of credit!

  • Ideal for large purchases--autos, RV's
  • Initial line of credit advance is $2,000 minimum, thereafter, $200 minimum.
  • Available on first or second mortgage only.
  • Consult a tax adviser regarding the deductibility of interest.
  • No closing costs under normal circumstances

Pledge of Savings Loan

Low cost financing! An alternative to traditional loan programs!

Member uses already established savings to secure the loan
Loan interest rate is set at a certain percentage over the current savings rate:

Loan Amount Percentage over savings rate
$10,000 + 2%
$300 - $9,999.99 3%

Checking Reserve

Eliminate overdrafts with a line of credit loan!

  • Once the loan is established, it provides immediate access to funds if overdrafts occur.
  • Line of credit that transfers funds, in $100 increments, to checking account to cover overdrafts. Payments are $100/month.

Payment Protection for Loans - Credit Life and Disability

When obtaining a loan, you have the opportunity to purchase credit life and/or credit disability insurance to help during unforeseen events.

Credit Life Insurance is designed to help reduce or pay off your eligible loan balance, up to the policy maximum,  should an unexpected life event occur.

Credit Disability Insurance may help make you loan payment, up to the policy maximum, if you become totally disabled due to a covered injury or illness.

Credit Life:

  • Total benefit maximum is $50,000 
  • Must be under the age of 70

Credit Disability:

  • Must be under the age of 70, working 25 hours a week
  • Maximum Monthly Disability Benefit is $850
  • Total Benefit Maximum is $50,000
Your purchase of MEMBER'S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company 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 Group Policy for a full explanation of terms.  CDCL-2026170.1-0218-0320.

 

Mechanical Repair Coverage (MRC)

As your vehicle gets older and miles add up, will you be able to afford the repairs you need to keep your car on the road?

You depend on your car.  However, big unexpected repairs can happen after your factory warranty expires.  Mechanical Repair Coverage (MRC) can help you limit the cost of any breakdowns.  You pay only the applicable deductible, if any.  MRC can help lighten the financial burden for you and the people you care about.  Get MRC today so you can worry a little less about tomorrow.

Choose the right plan for you.  There are Platinum, Gold, and Silver Plans available. 

Ask a loan officer for details.

Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where Coverage is offered as insurance by Virginia Surety Company, Inc., in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., in FL, LA and OK, where Coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #861338), all located at 175 West Jackson Blvd., Chicago Illinois 60604, 800.752.6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. In CA, where Mechanical Repair Coverage is offered as insurance (form MBIC-CA), it is underwritten by Virginia Surety Company, Inc.  Coverage varies by state.  Be sure to read the Vehicle Service Contract or the Insurance Policy which will explain the exact terms, conditions, and exclusions of this voluntary product. MRC-2027310.1-0218-0320

 

Guaranteed Asset Protection (GAP) Plus

A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay.

Guaranteed Asset Protection (GAP) Plus can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out of packet expenses.  If your vehicle is totaled or stolen, GAP Plus may cancel part of your next loan with your credit union, when you purchase a replacement vehicle.  GAP Plus can help lighten the financial burden for you and the people you care about.  Get GAP Plus today so you can worry a little less about tomorrow.

Ask a loan officer for details.

Your purchase of MEMBER'S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.   GAP-2027303.1-0218-0320

 

LOAN CALCULATOR