 |
 |
 |
 |
| New cars as low as |
| 5.90% |
| Used cars as low as |
| 5.90% |
100% financing available
for qualified buyers |
 |
|
| |
New Home equity lines of
credit for as low as |
| Prime |
|
Free closing costs provided
first advance is
$10,000 or more |
| Prime Rate: 3.25% |
|
| Current as of: 12/17/2008 |
|
 |
» Relationship
Rewards
|
|
Fee Schedule |
| Privacy Policy |
|
|
|
|
Think Your Auto Insurance Covers You
Financially...Think Again! You May Need...
Guaranteed Auto Protection Plus
In the event your vehicle is deemed a total loss due to an accident or theft, your auto insurance policy will usually only cover the actual cash value or market value of your vehicle less a deductible. This settlement could be significantly less than the amount you owe to your lender or leasing company. The final result is a financial GAP where you must make up the difference, which could mean thousands of dollars out of your pocket.
- Protects individuals who finance a new or used vehicle from the financial GAP
In the current market, during the first few years that you own your vehicle, your loan/lease balance can be higher than the actual value of your vehicle, as a result of depreciation. As your vehicle's value declines, your loan/lease balance may decline more slowly resulting in a financial gap. If your vehicle were stolen, or totaled in an accident, you would be liable to pay the difference between your insurance settlement and your outstanding loan/lease balance.
- Covers the difference between the actual cash value of your vehicle and the loan/lease balance, less the delinquent payments, late charges, refundable service warranty contracts and other insurance related charges.
- Will even cover your auto insurance deductible of up to $1000(but not exceed the actual deficiency).
GAP Plus is a loan/lease deficiency waiver and is not offered as insurance coverage.
The purchase of GAP Plus is voluntary and cannot be required as a condition of credit approval.
|
| |
| Loan
Balance After One Year |
|
$15,000 |
| |
| Vehicle's
Value |
|
$11,000 |
| |
| Your
Deductible |
|
$1,000 |
| |
| Settlement |
|
$10,000 |
| |
| Your
GAP |
|
$5,000 |
| |
| GAP
Plus Pays |
|
$5,000 |
| |
| Without Guaranteed Auto Protection Plus, you would be required to pay this $5,000 in order to pay off your loan/lease balance. |
|
|
|
| |
Quarterly Newsletter
Our Quarterly Newsletter is now available online!
Reorder Checks
Need to refill your checkbook?
Reorder Deluxe checks online.
It's quick and easy
To improve security of your online purchases, click here:
Visa Debit Card
Visa Credit Card
|
