Consumer Loans - New Member Value Protection

Providing Real Protection for Real Life Events

Life is unpredictable, and things can happen when we least expect them. Unemployment, injury, disability, or even death can affect us at any time without warning. It’s important to be as prepared as possible.

To help you, we’ve developed the Member Value Protection plan to help relieve the financial stress and worry related to making loan payments when your life takes an unexpected turn. Member Value Protection gives you the peace of mind of knowing that your monthly loan payments will be cancelled in the event of death, disability or involuntary unemployment. Your consumer loan payment will be cancelled without penalty, added interest, or being reported as delinquent to the credit bureau.*

This program offers you several different options, giving you the flexibility to pick the package that’s right for you. Each option has specific eligibility requirements and a different range of benefits.

For complete details, including monthly costs for each option, talk with one of our loan representatives or call us at (800) 283-2328, ext. 6040. We can discuss the program with you and provide you with a copy of our Member Value Protection brochure which outlines the details of each of the options.

Talk with us today about using Member Value Protection to help protect you during life’s unpredictable events.

*Your purchase of Member Value Protection is optional. Whether or not you purchase Member Value Protection will not affect your application for credit or the terms of any existing credit agreement you have with Members 1st Federal Credit Union. We will give you additional information before you are required to pay for Member Value Protection. This information will include a copy of the contract containing the terms and conditions of Member Value Protection. There are eligibility requirements, conditions and exclusions that could prevent you from receiving Member Value Protection benefits. You should carefully read your Member Value Protection contact for a full explanation of the terms and conditions.

Loan Center Phone Numbers

(800) 283-2328, ext. 6040

Loan Center Hours

Monday - Wednesday 7:30 am - 5 pm Thursday 7:30 am - 6 pm Friday 7:30 am - 7 pm Saturday 8:30 am - 2 pm

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