- Availability of Funds
- Visa Platinum Agreement and Disclosure (Download pdf)
- Crystal Visa Agreement and Disclosure
- Blue Visa Disclosure
- Select Visa Agreement and Disclosure
- Home Equity Line Of Credit (Download pdf | Download rtf)
- Social Media Disclosure
2Maximum amount advanced is based on the average folio posted to agent's or DM's account each month.
3Agents and DMs: Borrow up to 75% of contract value for an agency acquisition loan or down payment on commercial real estate. Borrow up to 60% of estimated contract value .
Agents and DMs: Should a UCC not be on file for an account holder/borrower and their respective agency on another account, one will need to be filed upon the funding/opening of this Credit Line. At such time the prevailing rate/cost for filing a UCC will be assessed against the account holder/borrower.
4Up to $50,000. For all Agents: Should a UCC not be on file for an account holder/borrower and their respective agency on another account, one will need to be filed upon the funding/opening of this Credit Line. At such time the prevailing rate/cost for filing a UCC will be assessed against the account holder/borrower.
5Consult your tax adviser regarding tax consequences and your specific situation.
9Borrow up to 75% of contract value.
†APR=Annual Percentage Rate. Rates are variable rates. Rates begin at 4.74% for Agency Secured Loans and 8.99% for Agency Purchase Loans based on a FICO score of 720. Rates include discounts for Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account and Automatic Payment/Folio Deduction. All loans and rates are subject to credit approval, terms and conditions. Higher rates may apply. Rates are subject to change without notice.
‡As Contract Value is acquired annually on the agency purchased, the newly available Contract Value (or 20% annually of the Contract Value on the agency purchased) will be converted to an Agency Secured loan. In addition to standard underwriting and credit approval, this loan is subject to the approval of the terms and conditions of the contract value sales agreement.
*APY = Annual Percentage Yield. APY is the annualized rate based on a compounding period of one year. When the deposited money earns interest and the accumulated interest starts earning interest as well, we are talking about compounding. Fees could reduce the earnings on an account. All rates except certificate rates are subject to change retroactively to the beginning of the month.
*APR = Annual Percentage Rate. APR is the annual rate of interest that is paid on an investment, without taking into account the compounding interest within that year. Rates are subject to change at anytime.
**The balance transfer amount from other Farmers Insurance Federal Credit Union credit cards will retain its current rate (i.e., Select Visa at 8.99%, Visa Platinum at 10.99%, until the transferred balance is paid off. APR=Annual Percentage Rate. Rate quoted is the lowest rate possible for qualified borrowers and is subject to change. Qualification is based on credit history, debt, and the ability to repay. Your rate may vary. All loans subject to credit approval. The newly opened Credit Union credit card's rate will only apply to new transactions. Any balances on the previous Credit Union credit card must be paid off at the prior credit card's rate.
††Rates discount is for Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account and Automatic Payment/Folio Deduction. Rates are subject to change at anytime.