White Sands Federal Credit Union Review

Its dedication to providing exceptional services to its members drives White Sands Federal Credit Union to operate as a not-for-profit financial institution. As a part of the community it operates in, it offers banking solutions for a competitive rate that can improve the financial capacity of its members.

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5 /5
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$ /mo
Starting Price
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Table of Contents

    How do White Sands Federal Credit Union auto loans work?

    Vehicles that are new, used, or even for refinancing can be funded with varying rates of 3.90% to 4.65% and loan tenure that can be as late as 84 months. A Loyalty Plus discount of 0.25% can be enjoyed by old borrowers with a good paying history. In addition, vehicle loan protection and insurance can be purchased for security.

    Credit Score

    Low rates can be enjoyed by borrowers with good credit standing. The site can redirect you to another site that can assess your credit score. Sadly, the credit score requirement was not mentioned on the site.

    How much can you borrow?

    The monetary amount for the maximum loan amount that this lender can afford to finance was not disclosed.

    What types of vehicles are eligible for financing?

    Financing for vehicles can be for trucks and cars. Additionally, this lender also offers funding solutions for recreational vehicles such as boats, motorcycles, ATVs, and jet skis.

    How do I qualify?

    Membership eligibility includes anyone who is over 55 years old and those who work or volunteer in the following entities, including their family members:

    • White Sands Missile Range
    • White Sands Test Facility
    • Memorial Medical Center
    • Mountain View Regional Medical Center
    • Dona Ana County
    • City of Las Cruces

    What documents do I need?

    When applying for an auto loan, you will be asked to present any government-issued ID and your Social Security Number.

    What are the fees?

    The fees that pertain to the loan account are as follows:

    • Electronic Cash Management Loan Payment - $12
    • Over the phone payment- $2
    • Service fee for debit/credit card - $3

    How long does the loan process take?

    The online application can be achieved within minutes, as to the whole loan process; the website does not elaborate further.

    How to apply for an auto loan?

    The most convenient way of applying is online, but you can do it over the phone or go to its branch.

    What payment methods are supported?

    You can pay in one of the following paying methods:

    • Online payments through debit/credit card
    • Automatic Transfer
    • Over the telephone
    • By mail
    • In-person

    White Sands Federal Credit Union Pros And Cons

    Pros

    • Skip payment option
    • Supports many methods of payment
    • Auto loans calculator feature
    • Discount for members

    Cons

    • Low rates for good-paying members
    • Strict membership eligibility

    Is White Sands Federal Credit Union right for you?

    Unless you are an employee of the mentioned organizations, the chances of being a member might be slim. White Sands Federal Credit Union has reasonable offers for its auto loans; however, most of the details for evaluation are missing, and the rates it offers are just average.

    With its service coverage of 48 states and a credit score requirement of at least 550 only, Capital One is clearly a better choice when compared to WSFCU. Fast loan approval is guaranteed, and you can get your hands on the vehicle you want within seven days. Learn more about the offers it has in store for you.