Loan Services |
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Credit Cards
SCFCU offers Visa Platinum and Visa Platinum Preferred. Visa is accepted around the world and can be used to access cash at ATMs and financial institutions. Our cards feature low rates, no annual fee, 25-day grace period on purchases. Also, at no cost $1,000,000 of travel accident insurance when you charge your common carrier (airline, bus, train, etc.) tickets to your Visa.
 Credit Card Application |
VISA Platinum Preferred Benefits
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Vehicle Loans
Along with exceptional low rates, you'll enjoy flexible terms, with up to 100% financing available. Our approvals are fast. There's no prepayment penalty. Plus we offer easy repayment methods such as payroll deductions and automatic transfers. To make buying and financing even easier, select auto dealerships now offer SCFCU financing right at the dealer.
Collateral Protection Insurance
New Alliance to Offer Collateral Protection Insurance
SCFCU recently made changes to our collateral protection insurance program that tracks the insurance on members' loans. If you have a vehicle loan with SCFCU and have received notices requesting proof of insurance, please continue to follow the instructions listed on the notices, as they contain important information regarding your loan. As your lender, SCFCU knows you rely on our products and services to help keep you financially strong and secure. Please contact us at 618-254-0605 or support@shellcu.org if you have any questions regarding this information.
Signature Line of Credit (LOC)
A line of credit is a revolving credit line featuring flexible terms and the convenience to access funds when you need them, which means you only pay interest on the money you actually borrow. Once your credit line is established, you can access it whenever you want. And as you pay down your balance, those funds become available again and again, up to your credit limit. To access is easy; use special loan checks, call Shell-Tel 24 and transfer money from your LOC to your checking account or just call a loan officer.
Home Loans
Our experienced loan officers are committed to helping locate the right loan for you. We offer competitive fixed or adjustable rate mortgage loans that feature a flexible choice of terms.
Home Equity Loans
Using the equity in your home is a popular way to access extra cash for such things as home improvement, bill consolidation, or any other purpose. Our home equity lines offer competitive rates and flexible terms. As another advantage to a SCFCU home equity loan, there are no closing costs on selective plans. You can borrow up to 90% of the appraised value of your home, less what you owe.
Here's an example:
| Appraised value | $75,000 |
| Times 90% | x 90 |
| Subtotal | 67,500 |
| Less mortgage | - $40,000 |
| Maximum loan amount | $27,500 |
