Auto Financing Bulletin!

Due to the high volume of requests for our low auto loan promotion, South Texas FCU Management and staff apologize in the event there is a delay in responding to you on your request.

Please rest assured we will contact you. However, in order to expedite your loan request, we are asking for your cooperation in providing all the necessary documentation being requested timely and promptly such as referenced below:

• Must be a member of South Texas FCU; must provide valid driver’s license and social security card to become a member
• Fill out a Loan Application completely
• Provide Proof Of Income
1. Current pay stub(s)
2. Self employed or commissioned requires 2 years tax returns (complete tax return documentation/signed)
• Recent utility bill
• Four (4) references preferably two (2) family members and other 2 friends or coworkers (address and phone numbers)
• If seeking to Refinance an Auto from another Financial Institution provide a copy of the loan contract; excludes any existing loans with STFCU
1. A vehicle Inspection will be performed
2. A picture will be taken of unit.
3. If possible, please provide a phone number or statement of financial institution for payoff information/authorization
4. All secured collateral will require proof of insurance $500.00 Collision and $500.00 Comprehensive coverage
• Provide any other pertinent details that you feel is applicable to the loan request, such as letter(s) of explanation on credit, etc. or paid receipts
• Credit Union reserves the right to request additional information if deemed necessary in order to render a credit decision
• TO BECOME A MEMBER OPEN SAVINGS ACCOUNT WITH $35.00 ($5.00 LIFETIME MEMBERSHIP FEE AND $30.00 GOES TO YOUR SAVINGS/SHARE ACCOUNT). *THERE IS A $25.00 PENALTY IF NEW MEMBERSHIP ACCOUNT IS CLOSED WITHIN 90 DAYS.

We appreciate the opportunity to serve you and being a member of South Texas Federal Credit Union.

THIS IS A LIMITED TIME OFFER!

*Financing for credit union members only; certain terms and conditions may apply (subject to Credit Union’s Underwriting Guidelines and Criteria) not all will qualify. Note; there are eligibility requirements in order to become a member of South Texas FCU. Field of Membership: the people in the communities we serve: McAllen, Edinburg, PSJA, Donna, Weslaco, and Mercedes…for anyone who lives, works or worships, goes to school in these communities and family members as well as various school districts and selected employer groups.