Your credit union is a democratically controlled lending cooperative. This means that the primary source of investments for your deposits is in loans to the members. We care about your need for financing and work to give same day approvals, discounts, and affordable insurance options. Beginning 10/1/15, we will REWARD YOUR LOYALTY by giving you up to a maximum of 3.00% Annual Percentage Rate (APR) consumer loan rate discount based on loan types and account services/options as listed below – as long as you meet the criteria when you sign for each loan advance and maintain the relationship, you will keep the rate reduction for the term of your loan. PLEASE NOTE:
A. Automatic Payment Service Discount (#1) applies to all loan types EXCEPT Share & Certificate Secured loans, Over Draft Protection loans; Student Loans and Home Equity Line of Credit (HELOC) loans;
B. Remaining Discount types (#s 2, 3, 4, 5 & 6) DO NOT apply to these loan types: Lines of Credit (Personal) loans; Over Draft Protection loans; Unsecured Consolidation loans; Share or Certificate Secured loans; Student loans or Home Equity loans;
C. Existing PCFCU loans as of 10/1/2015 are exempt from receiving an additional discount.