UFirst Credit Union is about members helping members. Our members are the Credit Union. Our purpose is to provide the best service and products to help our members achieve their financial goals.
Our mission is to provide a full range of financial services conveniently located near members' homes and places of employment. We strive to offer the most advantageous rates for borrowers and savers, while maintaining the utmost safety and protection for our members' information and deposits.
We invite employees and members to join our efforts to give back to the community! Here are a couple of recent activities. Visit our Facebook page to learn more about what we’re doing in your neighborhood.
Warm the Soles – Every year we purchase shoes for needy elementary school aged children with money donated by our members. Last year we were able to give children more than 700 pairs of new shoes.
Shred Day – Everyone loves a free Shred Day, and we do several a year. Members and friends from around the valley come to destroy their confidential documents safely. It’s a great way to protect yourself from identify theft.
Quarterly Newsletter – Members stay in the loop with our quarterly newsletter.
The credit score required to qualify for an auto loan is relative to the lender. On average, the borrower needs a score in the low 700s for a new car loan and mid-600s for a used car loan.
A borrower's credit history tells the lender whether or not they are high or low risk. When getting approved for an auto loan, most financial institutions will look at the borrower’s industry-specific auto FICO® Score3, along with their base FICO® Score from the three consumer credit reporting bureaus: Equifax, Experian and TransUnion.
This credit score also determines the borrower’s interest rate on the loan. Typically, to get an interest rate between 0–2% on new car loans, the lender will require a credit score of 700 or higher. Reversely, if a borrower finds themselves with a credit score in the mid-600s or low 500s to low 600s, they may expect a lender to give an interest rate three to five times higher (between 10–24%) than those with good or excellent credit.
You can check your FICO® Score for free on our free mobile app, UFirst.
Refinancing your auto loan is a great and easy way to save money on your car payments and to lower the interest rate on your auto loan.
In order to refinance your auto loan, you’ll need to gather the right information and documents. All the necessary information would be the car mileage, VIN number, current car loan numbers, driver’s license, and income verification. After gathering this information, you can refinance your loan with the same lender or with a different financial institution.
After applying, the bank or credit union will check your credit history and let you know if you qualify for a lower interest rate. After approval, the bank or credit union will work with you to set your new loan term to a lower monthly car payment.