[1]Maximum Loan Amounts for vehicle loans are based on the Loan to Value (LTV)%. The LTV% used in the final approval amount factors in the collateral type, loan type, and an evaluation of the applicant(s) credit.
[2]Maturities greater than 84 months (7 years) are restricted to loans with a loan amount greater than $60,000 and secured only by shares, boats or motor homes. All other collateral is limited to a maximum of 84 months repayment.
[3]Payment per $1000 calculated on maximum term available.
[4]Line of Credit loans are a revolving line of credit. Payments are recalculated at each advance.
[5]The rates for Shared Secured Loans are subject to changes monthly (such change to be effective on the first day of each month) to reflect any change in the index as declared by the Board of Directors of the State Farm Federal Credit Union during the month preceding any such change.
Annual Percentage Yield is accurate as of February 1, 2022. Dividends are compounded DAILY and declared at the beginning of each month and are credited and posted on the last day of the month.
[1]Share rates are subject to change monthly (such change to be effective on the first day of each month) to reflect any changes as declared by the Board of Directors of the State Farm Credit Union during the month preceding any such change.
High Loan Volume
The Credit Union currently is experiencing high loan volume, which may result in longer response times for your loan request. Our dedicated staff is processing applications as quickly as possible, and we apologize for any inconvenience. We value your membership and appreciate your patience. Thank you!
Bloomington Member Care Station Temporarily Closed
The Credit Union is assisting with the Enterprise initiative to meet the Company’s hiring needs. During this time the Member Care Station at Corporate Headquarters will continue to remain closed. We apologize for any inconvenience.
In the meantime, please use online and mobile banking or call 1-888-521-5209 to conduct transactions.
