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Apply for a Loan! (3MB)  |  Apply for a VISA!

How to Apply | Features | Types of Loans Available | Visa Credit Cards

How To Apply

Please mail or fax your application to your local branch.

Features

Low Rates

Rates charged are among the lowest around compared to other financial institutions, loan companies and merchant financing.

Payroll Deduction Repayment

Payroll Deduction Repayment: Payments can be made via payroll deduction or automatic funds transfer. This is one of the most recognized benefits of a credit union. Members do not have to write checks or remember monthly payments.

Quick Turnaround

Most loan decisions are made within 24 hours. This allows members to plan accordingly.

Fixed Rates of Term Loans

Loans for a definite amount and term are set on fixed rates. Members do not have to deal with longer terms in a higher rate environment.

Easy Access

Our lending system lets members process subsequent loan advances with little paperwork. This process eliminates the need for members to come to the credit union each time an advance is needed to pick up a loan check.

Low Cost Credit Insurance Options

Credit Life and/or Credit Disability Insurance coverage is provided by Life Investors Insurance Company of America, at very attractive rates. Coverages include life, single disability, joint life and soon join disability.

No Penalty for Early Payments

Members making accelerated payments have no penalties, except with home equity loans received after August 15, 2005, where closing costs were waived. Early or additional payments reduce the total interest charges, with the reduction being applied to the principle balance.

Revolving Credit Lines Available

Revolving lines of credit are available in the form of VISA, Home Equity and our CASH PLUS unsecured line of credit loans. Because of the open-ended draw periods the credit union must set these rates on a variable rate plan, floating with the prime interest rates.

Types of Loans Available

New Vehicle, Boat, Motorcycle or RV

Information Needed:

• Complete loan application
• Proof of All Household Income (payroll check stubs)
• Copy of Buyers Order
• Proof of Full Coverage Insurance

Used Vehicle, Boat, Motorcycle or RV

Resources: Find the value of your vehicle, visit www.nada.com How used is that used car? We recommend Carfax to help you find out before you buy.

Information Needed:

• Complete loan application
• Proof of All Household Income (payroll check stubs)
• Copy of Buyers Order
• Proof of Full Coverage Insurance
• If purchasing from Copy of the title or registration an individual: Seller's Name Lienholder information and pay-off (if applicable).

For both New and Used Vehicles, and other collateralized loans such as Boats, Motorcycles and Motor Homes, based on your credit history, LCCU can finance up to 100% of the vehicle sticker price, plus taxes and title fees. If you want pre-approval, you can simply complete the application provided and estimate the amount requested. We can verify all information and when you shop for your new vehicle, tell the dealership that you're financing has already been taken care of with your credit union. This will allow you the opportunity to get your best "cash" deal. Then you can bring the buyers order (or have the dealership fax it to us at 423-622-5930) and your paperwork can be ready when you are.

Signature

Information Needed:

• Complete loan application
• Proof of All Household Income (payroll check stubs)
• Prudent and productive purpose for loan request

Based on credit history, members can qualify for a maximum loan limit of up to 20% of gross annual income. With a completed loan application on file, subsequent advances can be obtained with a simple phone call.

Consumer Goods

Information Needed:

• Complete loan application
• Proof of All Household Income (payroll check stubs)
• Copy of Invoice for Items* to be purchased

*ONLY NEW PURCHASES QUALIFY FOR THIS TYPE OF LOAN.
Examples: Computers, Satellite Dishes, Home Entertainment Centers. (No household furnishings)

CASH PLUS Line of Credit

Information Needed:

• Proof of All Household Income (payroll check stubs)
• Prudent and productive purpose for loan request

A CASH PLUS Line of Credit enables you to establish a specific loan limit. When you need funds, you can contact the credit union and request an advance and have the monies deposited into your share draft account, or have a check mailed to your home address. This is also a good overdraft protection plan for your share draft account. If you are out shopping and see something you want to purchase, provided you have the funds available on your line of credit when presented here at the credit union for payment. Because of the open-ended draw periods the credit union must set these rates on a variable rate plan, floating with the prime interest rates. Payments are based on 4% of the outstanding balance, rounded to the nearest $200 balance.

Share/Club Secured

Information Needed:

• Share or Club account with a deposit balance exceeding the loan amount requested

A Share/Club Secured loan allows you the advantage of obtaining a loan at a lower interest rate, keeping your Share/Club account intact while still earning dividends, and provides no hassle borrowing. Your Share/Club account is used as security for the loan amount requested. A hold is placed on the Share/Club account until the loan is paid. A Share/Club Secured loan can be obtained quickly and easily, and provides an excellent start for new borrowers to establish a good credit rating.

Visa Credit Cards

We’ve Built A Better Credit Card to help you build a better life!

KEEPING TRACK OF YOUR CREDIT CARD BALANCE IS JUST A MOUSE CLICK AWAY!

It’s Your Choice!

Exclusively for League Central Members! We have specially designed our VISA Classic and VISA Gold programs to offer you a credit card choice that is more profitable to you.

When you use your

LCCU VISA Classic Card

for purchases you enjoy these benefits:

Low Annual Percentage Rate

10.5% fixed rate

No Annual Fee

Automatic Payment Program

Have payments transferred automatically from share/savings or share draft/checking each month

25-Day Grace Period

Avoid finance charges on purchases by paying your balance in full by the due date each month

Travel Accident Insurance

$250,000 accidental death and dismemberment protection when traveling by any
common carrier worldwide

Nationwide Access to Cash at Cirrus ATM’s

When you use your

LCCU VISA Gold Card

for the purchase of goods or services,
the following benefits are yours:

Low Variable Annual Percentage Rate

Prime + 0%

Travel Accident Insurance

$500,000 Accidental death and dismemberment protection when traveling by any 
common carrier worldwide

Travel Reservations

Call toll-free 24-hour reservations on hotel/motel reservations, rental car arrangements, 
airline, train or cruises.

Travel Dividends

3% cash dividends on airline tickets, automobile rentals, and lodging when you use 
the Travel Reservation service

Emergency Cash

You have emergency cash available, up to $500, if you should be stranded without cash

Eyewear Discounts

This program entitles you to savings on most eyewear products

Warranty Manager Service

Warranty Manager Service offers you a number of valuable features including warranty registration, extended warranty protection, and extended service agreement, all available with a simple 
toll-free phone call

Nationwide Access to Cash at Cirrus ATM’s

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