Mortgages
As your credit union, we offer our members low-rate, fast hassle free mortgages. Apply today for a home purchase or refinance mortgage to experience:

• Your own personal loan consultant
• Prompt, friendly attention
• Fixed- and adjustable-rate mortgages
• Competative interest rates
• Flexible terms
• Affordable closing closts

New And Used Auto Loans
At your credit union we finance any new vehicle of the current model year up to 100% of its sticker price, plus tax. Vehicles of the previous model year with fewer than 5,000 miles can be financed as a new vehicle through March 31 of the new year.

Used autos up to 5 model years old can be financed up to 100% of the current NADA retail value plus tax. Auto older than 5 years qualify on a case by case basis. If you loan is currently serviced elsewhere, refinancing at our great rates could save you money. We also finance vehicles purchased from private owners.

Call us for a pre-approval which can save you both time and money. Call us if you want to check on the "Blue Book" value of your current vehicle. This will help you when making a decision on a tread-in. For pre-approval, fill out our short loan application and get a head start.

Home Equity Loan (Fixed rate)
Consolidate your bills, make that needed repair to your home or pay for college tuition with a low rate Rockland Employees Federal Credit Union Home Equity Loan. The interest may even be tax deductible.*

How much can you borrow? You can borrow up to 80% of the equity in your home. For example, home value $100, 000 less current mortgage of $50, 000 equals equity of $50,000 x 80% = 40,000 available for equity loan. We have repayment terms for up to 20 years for qualified loans. Contact the credit union for more information.

*Contact your tax advisor for details.

Home Equity Line-Of-Credit (Variable Rate)
Use your Credit Union Home Equity Loan/Line of Credit to consolidate your bills. Pay for college tuition or make improvements to your home. For your convenience the funds can be used in one lump sum or over a 5 year period of time. This option is very attractive as it allows you to pay interest on only what you use.

How much can you borrow? You can borrow a minimum of $5,000 or a maximum of 80% of the equity in your home. We offer a convenient repayment term of 15 years. Contact the credit union for more information.

Share Secured Loans
Do you have less than perfect credit? Never Borrowed before? Rebuild your credit or start to establish credit by applying for a REFCU Secured Loan. Borrow against your own funds. This means that a loan will be granted to you for the exact amount on deposit in your account, as low as $300. As you repay your loan, the amount available in your savings account will increase by exactly the same amount. Repay your loan timely and you will be on your way to establishing perfecdt credit.

Unsecured Loans
The credit union offers its members cash in order to consolidate bills, go on vacation, holiday spending, tuition, etc. We can also refinance any high interest rate loans you have at any other financial institution. You can borrow up to $10,000* with minimal collateral and your good credit. Simply fill out a loan application and a loan officer will contact you promptly.

*Certain restrictions/qualifications apply.

VISA Credit Cards
REFCU offers you a choice of Platinum, Gold or a Classic Visa Card. We even offer a Secured Visa Card for those of our members wishing to establish or restablish credit. Our Visa rates are fixed and can be as low as 8.9%.

Shop with a REFCU VISA card and enjoy a 25-day grace period on purchases. Transfer balances from other high interest rate credit cards and experience the savings immediatly.

Do you need extra cash? No problem. Use your REFCU Visa Card and experience the same low rate as your regular purchase. More importantly, no annual fee is required. Check your account status on-line 24 hours a day.

Your low monthly payment can now be deducted directly from your credit union Share Savings or Checking Account. Call our Credit Card Representative for details. One more reason to carry a REFCU Visa card, we offer Credit Life Insurance on your VISA free for all cardholders. Credit Disability Insurance is available to qualified cardholders for a low 27.8 cents per $100 balance.

Loan Protection Insurance
Prepare for the unexpected. Illnesses do happen and when it does you can enjoy peace of mind knowing that your loan payments will be made as long as you sign for Credit Disability or Credit Life Insurance with your Credit Union. You can sign up at the time you apply for your loan or you may elect the coverage anytime during your loan repayment term. You will be covered for your disability from the first day you become disabled but you must be out for at least 30 days in order for your loan payments to be made.

*pre-existing conditions do not qualify

General Loan Information
At Rockland Employees FCU, we offer a variety of loans and payment options to suit your every need.

Approval Criteria
Loans are approved based on your overall creditworthiness, including credit history, capacity to repay (debt ratio), stability of employment, residential history (current and previous), and collateral if applicable.

Refinancing
We will refinance almost any type of loan held by any financial institution, and will handle most of the details.

Repayment Options
Repayment options include cash, check, biweekly/monthly transfer from checking or savings, or a portion of your direct deposit or payroll deduction.