New Discounted Loan Pricing
The Credit Union is now offering discounted pricing off regular loan rates. You may take up to 1/2% off the regular qualifying loan rate when you take up to 2 products with your new loan.
Available loan products include:
- Credit Life Insurance-included in your monthly payment;pays off the loan in the event of death.
- Credit Disability Insurance-included in your monthly payment; will pay your monthly loan payment until a physician says you are able to go back to work.
- GAP Insurance-one time cost of $292 added to the loan; if your vehicle is totaled GAP will pay any difference between your loan balance and your insurance company's payment, will also give you an additional $1000 towards the purchase of a new vehicle.
- Mechanical Coverage Insurance-one time cost added to the loan balance, pricing varies, protect your used auto purchase with a policy that will pay for repairs.
- Automatic Loan Payments-have your payments direct deposited at no charge and no hassels of remembering to mail out your payment!
Electing these products is not mandatory for loan approval. Coverage is optional. Please call a loan officer today to discuss your options!
Click here to print a loan application
Know Before You Go
Learn the truth about 0% financing to help you make an informed decision before you take dealer financing!
Purchase Price of Car: $20,000
Rebate: $ 3,000 (you get either incentives or 0% financing, not both)
Credit Union Interest Rate: 5.00%
Loan Terms: 60 Months
| Credit Union Loan |
Dealer Financing |
| Loan Amount: $17,000 |
Loan Amount $20,000 |
| APR 5% |
APR 0% |
| Monthly Payment: $320.81 |
Monthly Payment: $333.33 |
| Total Payments: $19,248.66 |
Total Payments: $20,000 |
| Savings: $751.34 |
Effective Interest Rate: 6.59% |
Are You New To The Credit Union?
We now have available a fantastic new tool for new and existing members alike to use in helping them to SWITCH their finances from other instutions to Legal Community Credit Union.
Annual Membership Meeting and Elections
Joins us May 21st, 2008 for our Annual Membership Meeting and Elections. We have 3 seats up for election this year and encourage any interested parties to contact the office for a volunteer nomination form and any further information required. Deadline to return forms to the credit union is May 9th. Please call Sherry at 303-860-1117.
Important Information Regarding Your Account
We require members to complete one transaction on their account at least once every 12 months. After 12 months of non-activity there is a $5 per month dormant account fee that may be assessed. If you keep your account active we would never charge this fee. We do not wish to charge dormant account fees and will gladly waive them once an account has been re-activated. Pursuant to Colorado law, as a financial insitution, we are REQUIRED and legally obligated to turn over all accounts that have had no activity or acknowledgment for a period of 5 years to the State of Colorado. Activity is as simple as a deposit or withdrawal of $1, once every 12 months.
Avoid Identity Theft
Learn how to Deter-Detect-Defend against identity theft. Visit http://www.ftc.gov/idtheft for valuable resources to learn about identity theft, what to do if your identity has been stolen, and how to report it.
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