Why borrow from your credit union?

There are many good reasons to borrow from your Credit Union—our low interest rates, rapid turn around time and the availability of payroll deduction for convenient repayment of your loan.

There is another very important reason to borrow from your Credit Union: the financial well-being of the Credit Union depends primarily on our ability to make loans to our members. Our primary source of income (and ultimately capital) comes from making loans.

When you borrow from your Credit Union, you are contributing to the overall well-being of the organization which allows us to pay you better rates on deposits, charge you lower rates on loans, and keep fees to a minimum. Therefore, as an owner of the Credit Union, you benefit every time we make a loan.

When you borrow from an alternative lender, although that is certainly your right, you reduce the Credit Union's ability to generate income and capital. Unlike a bank or finance company, the Credit Union has a limited market for loan business because our charter restricts us from lending to non-members.

So, as an owner in this financial cooperative we call AFCU, please consider us the next time you borrow. We are constantly striving to improve our member service and provide you with the best rate. If you have a suggestion about how we can improve our lending operations, please give us a call. We want to do all we can to serve you.