SHARE SECURED LOANS

A Share Secured Loan is a good idea if you’re looking to build your credit or you need to make a necessary purchase but don’t want to dip into your savings. These loans are secured 100% by your Foothills Share Savings account.

Use funds on deposit in your Foothills CU share savings account to secure a low rate loan. By doing this you do not have to withdrawal your savings and can still earn interest on the savings used as collateral. This is a great way to build or rebuild credit.

• Outstanding Low Rates
• Repayment terms up to 60 months (5 years)
• Have the ability to use savings funds as collateral, still continue to earn dividends on your savings
• Easy payment options including: mail, online, automatic transfers, payment from other financial institutions, CU Service Centers, and much more
• Get pre-approved today, Apply Now

*APR = Annual Percentage Rate. The annual percentage rates listed are our best rates. Your rate may be higher depending on credit history and underwriting criteria. Rates and terms are accurate as of February 1, 2024 and are subject to change.

CERTIFICATE SECURED LOANS

A Certificate Secured Loan is a good idea if you’re looking to build your credit or you need to make a necessary purchase but don’t want to dip into your savings. Certificate Secured Loans are secured 100% by your Foothills Certificate of Deposit (CD) and your loan term will match your CD term. The interest rate is typically lower because the loan is secured.

Use funds on deposit in your Foothills CU Certificate of Deposit account to secure a low rate loan. By doing this you do not have to withdrawal funds from your CD and you continue to earn interest on your CD pledged as collateral. This is a great way to build or rebuild credit.

• Outstanding Low Rates
• Repayment terms up to 60 months (5 years)
• Have the ability to use savings funds as collateral, still continue to earn dividends on your savings
• Easy payment options including: mail, online, automatic transfers, payment from other financial institutions, CU Service Centers, and much more
• Get pre-approved today, Apply Now

*APR = Annual Percentage Rate. The annual percentage rates listed are our best rates. Your rate may be higher depending on credit history and underwriting criteria. Rates and terms are accurate as of February 1, 2024 and are subject to change.

OVERDRAFT LINE OF CREDIT

With a Line of Credit from Foothills Credit Union, you can rest easy if you have an unexpected expense or experience a financial emergency. Your Line of Credit will cover charges beyond what you have available in Checking and help you avoid any costly overdraft fees.

OVERDRAFT PROTECTION OPTIONS

Another term for a Line of Credit is Overdraft Protection. Foothills Credit Union offers numerous overdraft options to protect you from overdrawing your checking account and overdraft fees. Never bounce a check again and insure yourself funds in case of an unexpected expense.

• Automatic Transfers: This option enables funds to be transferred directly from any other account you have with Foothills CU to cover charges on an as needed basis. There are no overdraft fees for this options. Contact the credit union to set up this option.

• Overdraft Line-of-Credit: This is an unsecured loan that protects your checking account against overdrafts, and you only pay interest on the amount you use. If your checking account is overdrawn, funds are automatically transferred from your overdraft line-of-credit to your checking account to cover the expense, up to your approved credit. Apply Today

• Courtesy Pay: Permits you to overdraw your checking account up to $500 (including fees), you will be assessed a $29 fee per item that clears your account. Courtesy Pay can be revoked at any time at the discretion of the Credit Union.

Courtesy Pay has a maximum limit of $500.00. Members cannot remain overdrawn for more than 45 days. On the 46th day the credit union will begin collection procedures. Members will be alerted of fees charged for covering overdrafts. For more information about Courtesy Pay and to opt-in to this product please contact the credit union.

*APR = Annual Percentage Rate. The annual percentage rates listed are our best rates. Your rate may be higher depending on credit history and underwriting criteria. Rates and terms are accurate as of February 1, 2024 and are subject to change.