Loans

Vehicle & Recreational Vehicle Loans

The Tobacco Valley Teachers Federal Credit Union offers new and pre-owned vehicle loans with competitive rates to our members. Whether you need to purchase a car, motorcycle, dirt bike, boat or an RV, we’ll get you pre-qualified and on your way!

With Our Vehicle & Recreational Vehicle Loans:
GAP Insurance
- Guaranteed Asset Protection (GAP) helps cover the difference between your primary insurer's settlement and the loan balance on items directly related to the purchase of the vehicle. TVTFCU offers this to our members at a very low cost.

Credit Life & Credit Disability Insurance - The credit union offers Credit Life & Credit Disability Insurance at a very low cost on vehicle loans to our members through CUNA Mutual.
 

Auto Insurance - Members may purchase auto insurance at a discounted rate through our insurance partner. Teachers can also receive special auto insurance benefits! Plus teen drivers may be eligible for the Good Student Discount. For more information contact Len Whitten of Liberty Mutual Insurance
(a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.


Plus as a credit union member you can receive PREFERRED PRICING on GM vehicles.
Click on the banner below for more information.

 

GM Credit Union Discount

 

Click here to see the latest rates for our Vehicle & Recreational Vehicle Loans.

Personal Loans

You can use a personal loan for consolidating debt, vacations, home renovations, education and more.

The Tobacco Valley Teachers Federal Credit Union has great competitive rates.

 

With Our Personal Loans:

FREE Death and Disability Insurance - The credit union offers FREE death or total disability insurance on personal loans to the primary borrower. This service provides the borrower with insurance that pays off the balance of the loan in the event of death, or total and permanent disability.

 

Click here to see the latest rates for our Personal Loans.

Savers Loan

Have you ever wondered how to build or repair your credit?
Have you ever wished you could build a savings account?
You can do all these with this new loan product!

 

Here is how it works:
 -  Loan amount = $500.00
 -  Loan Term 12 months
 -  Loan proceeds deposited into your savings account
 -  Monthly loan payments are approximately $48.00 per month
 -  Loan proceeds are available to you when the loan is paid in full
 -  A co-signer is not required
 -  Must have some income to satisfy monthly payment

 

When the loan is paid in full, the $500.00 will be available to you. Once you have paid the loan and you are in the habit of making this monthly payment why not continue to make the monthly payment to yourself, and watch your savings balance grow. Contact our Loan Officers for more information at 860-253-4780 or 800-749-8305.

 

Click here to see the latest rates for our Savers Loan.

Mortgages*

The Tobacco Valley Teachers Federal Credit Union offers a variety of Mortgages to fit our member's needs. Mortgages offered include:
Conventional, Adjustable Rate Mortgages (ARM), FHA, Reverse Mortgages and VA. Stop in to discuss which is right for you and get pre-qualified.
We'll calculate how much of a mortgage you can comfortably afford..

 

Click here to see the latest rates for our Mortgages.

 

Our Mortgage Express is a beneficial option for those looking to pay off their mortgage within 10 years.

 

Click here to see the latest rate for our Mortgage Express.

 

*Mortgage products offered in partnership with Allanach Mortgage Group, broker's license
MA# MB6033 - NH# 5616 - ME# CS04501 - CT# 7160 - RI# 20051935LB.

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance
(a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

Fixed Home Equity Loans

Your home is one of the greatest assets you will ever own. Our fixed equity loans gives you the opportunity to use this asset in order to pay off high interest credit card bills, pay off outstanding loans, or even just to do some home improvement - the credit union is here to help our members.

 

Click here to see the latest rates for our Fixed Home Equity Loans.

 

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance
(a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

Home Equity Line of Credit

A home equity line uses a form of revolving credit, in which your home serves as collateral. Our home equity plans have a variable rate of (Prime + 0) and consists of a fixed "draw period" of 10 years, and a repayment time of 15 years thereafter. Let your home work for you. Contact our Loan Officer at 860-253-4780 or 800-749-8305 for more information.

 

Click here to see the latest rates for our Home Equity Line of Credit.

 

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance
(a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.


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Tobacco Valley Teachers Federal Credit Union | Call: 860-253-4780 or 800-749-8305 | Fax: 860-253-4785 | Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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