Did you know that as a Union Power Cooperative member, you are eligible for membership with ElecTel Cooperative Federal Credit Union?
ElecTel’s comprehensive financial services rival those of larger financial institutions, and you get the benefits of belonging to a credit union. Direct Deposit, Stop Payments, Overdraft Protection, Courtesy Pay and more are all convenient, timesaving services offered at ElecTel. Learn more about the credit union and its high level of member service by visiting electel.org.
Here are a couple of outstanding and unique programs you’ll have access to by becoming a member of ElecTel:
Energy Efficient Loan Program
Members can borrow up to $35,000 at low rates for home improvements, including new windows and doors, electric heat pumps, furnaces, air conditioners, generators, solar projects, water heaters, insulation, and ENERGY STAR® appliances. This program offers flexible payment terms and is open to residential property owners of single-family homes, duplexes, mobile homes and owner-occupied condominiums.
The Christmas Club Account
This special program allows you to save money for the holidays. At any time during the year, you can set up, via your savings, checking or even payroll deduction, a certain amount of money each month to be transferred to your Christmas Club Account! Come October, all the money deposited will be automatically transferred into an account of your choice or a check can be sent to you. Now is the perfect time to get started, as your holiday budget will be all set come this fall!
Auto Loan Program
ElecTel offers hassle-free auto loans, including up to 120 percent financing, low rates for new and used models, terms up to 84 months, affordable extended warranties, loan pre-approvals, and convenient payroll deduction. ElecTel takes it one step further and offers the unique service called “The Car Connection” at no cost to its members. When you’ve selected the car and options you want, visit electel.org/apply/car-connection and receive a quote that includes everything except tax and tags, including trade-in information and rebates. The Car Connection will handle preparation of all paperwork necessary for the transaction, arrange delivery, and even help with your trade. There’s no fee and no obligation.
Becoming a member of ElecTel
ElecTel membership is open to all Union Power Cooperative members and their families. It’s just another way we are looking out for you!