The former Boeing Helicopter Credit Union, which was established in 1952 to serve the employees of Boeing and their families, has recently become a community-based credit union. BHCU is exclusively serving Delaware County, PA.
Vehicle loan APRs are as low as 2.69% and are up to 84-month terms.
BHCU partners with local auto dealers. You can ask your sales agent to put your loan through the credit union so your credit score won’t have a significant drop and you can get the lowest rate available.
Auto loan financing is up to 120%. Requested loan amounts and terms are subject to change. For recreational vehicles, the minimum loan amount is $2,500 and the maximum amount is $60,000.
You can apply for loans on new or used cars, motorcycles, trucks, and RVs like boats, mobile homes, trailers, and campers.
You can apply for BHCU membership if you live, work, worship, or study in Delaware County, Pennsylvania. Your family and non-related household members can also join the credit union. Family members including your spouse, children, parents, siblings, grandparents, grandchildren, stepchildren, and adopted children who live outside of Delaware County can also apply for membership.
You'll need your Social Security Number and US government-issued photo ID like driver’s license, passport, or military ID when you apply for membership. Also, you’ll need a debit or credit card or US savings or checking account. When you’re already a member and want to apply for a loan, sign up for online banking.
There’s a loan late fee that’s 5% of the principal and interest. Loan application fees and prepayment penalties aren’t listed in the fee schedule.
BHCU promises easy and quick pre-approvals for auto loans. A specific time-frame for loan approvals isn’t mentioned but it usually takes one to three business days to approve a loan if there are no problems with the application.
You can apply through BHCU’s online preferred dealership program to avoid hassles when you’re looking for a car. After applying for pre-approval online, you’ll receive a notification via email. You can also call or visit one of the credit union’s branch locations if you want to apply for a loan.
Payments can be made through BHCU’s online banking services. To have a complete list of loan payment methods, you can get in touch with a credit union representative.
Using your credit union to finance your auto loan is a very good idea. Be a member of BHCU to enjoy great rates when you buy a car, but if you don’t live in Delaware or don’t have family members who belong to BHCU, try Consumers Credit Union. It’s available in 50 states and only requires applicants to become members of Consumers Cooperative Association.
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