Use your account assets as collateral

A secured loan is guaranteed by the funds in your other accounts at the credit union. That means if you have $1,000 in savings, we can offer you a $1,000 personal secured loan. Seems silly, right? If you already have the money you need, why get a loan? The answer is that it’s a great way to build a credit history. Make every single loan payment on time and we’ll report that monthly to the credit bureaus. When the loan is completely paid off, your credit report will include a successful use of credit.

Please bring at least your last 2 paycheck stubs or another form of income verification.

*Other documentation may be required upon review of the loan application.

We have several options available for submitting loan payments:

• In Person: you can see a teller to make a cash, check, or credit card cash advance payment
• By Mail: send a check or money order to:
  Abilene Teachers FCU
  PO Box 5706
  Abilene, TX  79608
• By Phone: you can pay by credit card or check by phone by calling 325.677.2274.  There is a $5  convenience fee.
• Online: by using your ATFCU online banking or mobile app you can
  • Transfer funds from one of your ATFCU accounts to your loan
  • Pay with a credit card ($4 convenience fee)
  • Set up external loan payment with routing number and account number from another financial institution.  There is no fee with this option and you can set up recurring payments.