Employees Federal Credit Union

Credit Union

Insured Funds

Savings are insured up to $250,000 by the NCUA and loans up to $30,000 by CUNA.

Membership Requirements

Any Xavier University employee, retiree, or their immediate family and students are eligible for membership. A minimum $25 deposit is required.

Service Charge

A $10 service charge will be assessed for all withdrawals in excess of TWO per month.

Dividends

The Current Rate is .50% per annum, payable quarterly.

Only active accounts over $50.00 earn dividends. Inactive accounts do not receive dividends. Dividends are declared and posted quarterly.

Inactive Accounts

All accounts that have been inactive for more than one year and have a balance of $50.00 or less will be removed from Share Balances and placed in a liability, in active account. These accounts do not earn dividends.

Signature Unsecured Personal Loans
Maximum Amount: $5,000
Maximum Tern: 30 months
Interest Rates: from 8% to 14% depending on the borrower's credit score
Repayment: Payroll deduction
Application Fee: $15

Share Personal Loan
Maximum Amount: $10,000
Maximum Tern: 30 months
Interest Rates: 4%
Repayment: Payroll deduction
Application Fee: $15

Car & Truck Loans
Maximum Amount: $40,000
Maximum Tern: 48 months
Interest Rates: 5% to 7%, depending on credit score
Repayment: Payroll deduction
Application Fee: $20

Call 504.520.7640 for additional details.

Employees Federal Credit Union

504-520-7640

xuempfcu@xula.edu