At IBEW Local 56 Federal Credit Union, we have loans for all your life plans. Whether you're buying a new or used vehicle, making home improvements, funding a college education, planning a wedding, or taking a vacation by land, sea, or motor home, call us first to make good things happen. And don't forget about refinancing! We can refinance many of those high-priced loans you have at other financial institutions. Here are the loans available for our members:
A disabling injury or illness, that prevents you from earning an income, can change your family's standard of living in an instant, making financial commitments difficult to meet. Struggling to make loan payments on a reduced or lost income is a burden your family shouldn't have to bear.
When you choose to protect you loans with MEMBERS CHOICE Credit Disability Insurance, you're planning for your family's financial future. If you're unable to work due to injury or sickness, your monthly loan payments will be paid until you're no longer disabled, your loan is paid, or you reach the policy maximum. This helps conserve your family's savings and allows them to use other insurance funds to meet day-to-day living expenses, preserving the standard of living you worked so hard to achieve. Ask about this coverage when you apply for your loan.