FIGFCU Personal Loans | Low Rates | Borrow Up To $40,000
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Save on Your Loan Rate: Enjoy a special 2% discount when you set up Direct Deposit and automatic payments—simplify your banking and boost your savings!
Farmers Insurance Federal Credit Union

Routing Number: 322077795

Father and son working on home project

Personal Loans

Loan Rates That Perform!

Get a 2.00%† rate discount on Signature Loans and Lines of Credit with Direct Deposit!

There are countless reasons why you might need a loan or line of credit, from home improvement projects and down payments, to starting up a business or fixing a temporary cash-flow problem. Our loans cover any situation with great terms, generous credit limits, and an easy application process. But don’t take our word for it, check out our options below.

Apply online or visit a Credit Union branch location.

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Signature Loan

Perfect for major purchases, consolidating debt or educational costs, and, with a Signature Loan, you won’t get dinged with a prepayment penalty.

  • Terms up to 60 months
  • Borrow up to $40,000
  • APR as low as 8.99%+

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Signature Line of Credit

Think of a Signature Line of Credit as twice the peace of mind. You see, you can access your funds whenever you need them most, plus this line of credit provides overdraft protection for your checking account.

  • Credit limits up to $40,000
  • Variable APR as low as 10.49%+

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Secured Loan

Secure your loan and get a better rate. And you don’t have to worry about risking a thing, because you borrow against the funds that are already in your Membership Savings account.

  • Terms up to 96 months
  • Rate is equal to current Membership Savings rate plus 2%
  • Dividends will continue to be paid on the full amount in the Membership Savings account
  • Collateral funds will be frozen and become available as the loan is paid

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Certificate Secured Loan

Securing your loan with a certificate gives you two perks. You get a low-rate loan and you can borrow up to 95% of the certificate amount. You can also choose from a variety of flexible repayment options.

  • Loan term up to the term of the certificate
  • Can be repaid over the term of the certificate or as one payment due at certificate maturity
  • Not available for IRA certificates
  • Rates as low as Certificate rate plus 1.00%

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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.

† 2.00% rate discount is for a minimum of $1,000 monthly ACH Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account and Automatic Payment/Folio Deduction as a repayment method to qualify. Rates are subject to change at anytime.

DIRECT DEPOSIT / 2% LOAN DISCOUNT PROMOTION: Up to 2.00% APR (Annual Percentage Rate) discount on qualifying loan is for a current or newly established minimum of $1,000 monthly Direct Deposit or Agent Net Check into a Farmers Insurance Federal Credit Union Checking Account and Automatic Payment/Folio Deduction as a repayment method to qualify. Offer subject to change or cancellation at any time. Direct Deposit loan rate discount available if at a time prior to loan funding (a) Member has a current or newly established recurring monthly Direct Deposit of at least $1,000 from net pay, pension, or government benefits, and (b) Member is obtaining a FIGFCU loan. Maximum available loan rate discount of 2.00% if Member is eligible to combine Direct Deposit discount with other available discount a maximum of 2.00% shall be applied. If Direct Deposit stops before loan is paid off, loan interest rate will increase by 2.00%. Other restrictions may apply. All loans are subject to credit approval. Rate and terms are subject to change without notice. 

Promotion Offering applies only to Consumer accounts, which must be in good standing. Guardian, rep payee or executor, collections charge-off, business, and/or organizational accounts are ineligible. Must be 18 years of age or older. FIGFCU reserves the right to end or modify this promotion without notice. Member cannot take advantage of this promotion more than once. Promotion cannot be combined with any other account promotion for a discount over 2.00%. Visit figfcu.org for account details, minimums, and fees. Federally insured by NCUA. Subject to employer and/or payer terms and conditions. FIGFCU will generally post payroll Direct Deposits on the day they are received, other exceptions may apply. Promo Period: September 3, 2024, until December 31, 2024. (Terms updated 11/14/24). Signature Loans, Business Signature Loans and Agency Acquisition Loans not eligible for refinancing. 

Available to new and existing Members who apply for eligible loans during the promotional period. Direct Deposit in the amount of $1,000.00 or more monthly or Agent Net Check into a FIGFCU Checking account (either High Yield or CashBack) and Automatic Payment/Folio Deduction to the loan is required. Signature Loans, Business Signature Loans and Agency Acquisition Loans not eligible for refinancing. Refinance Fees are as follows: Vehicle Loans - $200 refinance fee unless $4,000 in new money is added to the loan. Agency/Business Secured Loans - $400 refinance fee unless $10,000 in new money is added to the loan. Home Equity Loans/HELOC's - $500 refinance fee for loans booked within the last 12 months unless $20,000 new money is added to the loan. Interest rate shown on final loan disclosures will be the higher rate prior to the discount. Loan will be booked with the lower discounted rate. Direct Deposit Addendum will be signed with closing loan disclosures.