Legacy FCU Loans


When you need to borrow money, you want to know that it will be a pleasant experience. At the credit union, loans are our specialty. You can count on friendly personal service by one of our experienced loan officers. Credit unions were founded to provide affordable credit to members.

We loan money for almost any worthwhile purpose: automobiles, education, home improvement, bill consolidation, recreational vehicles, first and second mortgages and lines of credit. Compare our rates with other lenders; we think you will find that they are the best around. In most instances you can get an approval in minutes. There are no loan fees at your credit union. Sign up for payroll deduction and your payment can be automatically deducted from your paycheck. There are reductions in interest rates for automatic payments also! You won’t have to remember to write a check each month for your loan. You can apply for a consumer loan 24/7, online!


VISA Credit Cards:

Get the convenience and worldwide recognition of the VISA® name with the Legacy Federal Credit Union guarantee of good service, low interest rates, 25 day grace period and a low $10.00 annual fee (fee waived if you have a LFCU checking account also).

If you are currently carrying another VISA® card, we think that you will find it to your advantage to transfer the balance to a Legacy VISA®. You will receive a comprehensive monthly statement showing all activity on your account. To find out information on your current Legacy Visa go to www.eZCardInfo.com

VISA Classic Card - Rates and Fees

INTEREST RATES AND INTEREST CHARGES
Annual Percentage Rate (APR) for Purchases 12.50% - 17.90% VISA® Classic
When you open your account, the applicable APR is based on creditworthiness.
Annual Percentage Rate (APR) for Cash Advances and Balance Transfers 12.50% - 17.90% VISA® Classic
When you open your account, the applicable APR is based on creditworthiness.
How to Avoid Paying Interest on Purchases Your grace period due date is 25 days after the close of each billing cycle. We will not charge any interest on the portion of the purchases balance that you pay by the due date each month.
For Credit Card Tips from the Federal Reserve Board To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protections Bureau at www.consumerfinance.gov/learnmore.
FEES
Annual Fee $10.00 (fee waived for members with checking accounts).
Transaction Fees
• Cash Advance Fee
None
Penalty Fees
• Late Payment Fee
• Returned Check Charge

$15.00
$15.00
Other Fees
• Foreign Transaction Fee
Up to 1.00% of the US dollar amount of the foreign transaction.

How we will Calculate Your Balance:

We use a method called “average daily balance” (including new purchases). We reserve the right to amend the VISA® Credit Card Agreement as permitted by law. The above rates and fees are current as of December 1, 2014.


Line of Credit:

Much like a VISA®, but without the card, a Line of Credit lets you borrow up to a predetermined credit limit anytime. You don’t have to make a separate application each time you need money. It may also be used for overdraft protection for your checking account.


Mortgage Loans:

1st Mortgages:

Whether you are looking to purchase a new home or refinance the one you already have, we offer a wide variety of mortgage products to suit your needs and are here to help. Click here to begin a 1st Mortgage Application.

2nd Mortgages:

HELOC (Home Equity Line Of Credit) loans are available through the credit union. Line of credit 2nd’s are a flexible tool to use the equity in your home. Compare rates and fees, we think that you will find the credit union is more than competitive. You may also arrange to have your HELOC payment made automatically from your account.