Forms & Disclosures

Checking & Checking Plus - $250 Bonus

Bonus: Restrictions may apply. Matching deposit bonus offer is only valid on Secure Checking and Secure Checking Plus. Coupon must be presented at account opening. This offer is valid on new checking accounts only and not in combination with other offers. To receive the $250 checking deposit match bonus: 1) Open a Secure or Secure Checking Plus account, which is subject to approval. 2) Deposit a minimum of $25 at account opening. 3) Have a direct deposit of at least $600 a month deposited to the account within 60 days of account opening. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as social security) from your employer or the government. Matching deposit bonus amount will be determined by the initial deposit made when opening the new checking account and will not exceed $250. All above requirements must be met within 60 days of opening the account. You will receive the bonus match as a credit to your new checking account within 40 business days once all requirements are met. The account must not have a negative balance to receive the cash bonus. Checking account with direct deposit must remain open for a minimum of six months or matching deposit bonus may be debited from account at closing. Offer ends without notice. Registration and activation is required to access benefits. Service Fee: Secure Checking Plus has no monthly fee for veterans, otherwise a $10 monthly fee will apply. Secure Checking Account has no monthly fees for students 25 and under, otherwise a $6 monthly fee will apply. Matching deposit bonus is considered interest and is reportable on IRS form 1099-INT. Membership required. Federally insured by NCUA.




Auto

APR = Annual Percentage Rate. Rate shown is the lowest rate available for up to 24 months on new autos, up to 36 months on used autos, no additional discounts apply, and is accurate as of April 8, 2020. Interest will accrue during the deferment period. To be eligible for no payments for 120 days must have a FICO score of 680 or above. Loans and Rates are subject to credit approval. Rates and terms are subject to change without notice. Offer excludes existing auto loans already financed at CUTX. Additional terms and conditions apply. This is not a commitment to lend. Membership required.




Auto - $100 Referral Program

To be eligible to receive $100: Referral must 1) mention this promotion and 2) Purchase or refinance your vehicle with Credit Union of Texas. Offer subject to end without notice. $100 will be credited to your shares or checking account after loan funding. $100 is reportable to IRS. Subject to lending program requirements. Offer excludes existing loans already financed through CUTX.




HELOC

Fixed rate home equity line of credit: Loan has a draw period of 10 years, followed by a repayment period. Interest only payments during the 10-year draw period and will be re-amortized at the time the repayment period begins. If interest only payments are made during the draw period, the loan balance will not decrease.

Variable rate home equity line of credit: Credit Union of Texas offers a variable Annual Percentage Rate (APR) based on the Prime Rate as published in the Money Rates section of The Wall Street Journal (the “Index”) plus a margin based on creditworthiness and credit limit. As of March 15, 2020, the index value is 3.25%. The floor APR will be 3.00%. An increase in the Index will result in an increase in the periodic rate which, in turn, will result in higher payments. In no event, will the APR increase by more than 18% or the maximum rate allowed by applicable law.

Offer is limited to consumer Home Equity Lines of Credit (HELOCs) not currently held at Credit Union of Texas. Property insurance is required, including flood insurance where applicable. The minimum advance during the draw period is $4,000. No closing costs on loans up to $400,000. If, however, an appraisal or a policy of title insurance is required, applicant is responsible for those costs. Texas homestead properties are limited to 80% combined loan to fair market value for home equity financing. All loans are subject to credit approval and Credit Union of Texas lending policies. Other restrictions may apply. In Texas, there is a 12-day cooling off period on all HELOCs. There is also a three-day right of rescission after closing before the funds may be disbursed. Actual time of funding may differ depending on appraisal, title and other underwriting requirements. This is a limited-time offer and is subject to change at any time without notice. The account is subject to application, credit qualification, and income verification; additional evaluation and verification criteria may apply. CUTX home loan programs are only available in Texas. Credit Union of Texas NMLS #576560. Membership required.




FairLease

All leases are subject to credit approval and vehicle availability. Additional terms and conditions may apply. Rates, terms and conditions are subject to change without notice. Terms of lease will vary. Savings are estimates, actual savings may vary. This is not a commitment to lease. FairLease is a wholly owned subsidiary of Credit Union of Texas. Membership required.




Off Lease Specials

APR = Annual Percentage Rate. Offer subject to vehicle availability; leases, loans, and rates subject to credit approval. Rates and terms are subject to change without notice. Additional terms and conditions apply. Terms of lease will vary. This is not a commitment to lend or lease. FairLease is a wholly owned subsidiary of Credit Union of Texas, membership required.




Early Pay

Electronic deposits are available up to two business days early depending on timing of receipt into our Automatic Clearing House (ACH) database. Member must be enrolled in direct deposit through their employer. Excludes International deposits.




5% Down No PMI

LTV = Loan to Value. PMI = Private Mortgage Insurance. NMLS #576560 Credit Union of Texas provides mortgage loans through its affiliate Texas Mortgage Lending, LLC, NMLS #1641703. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX's lending policies, and property approval. Traditional closing costs apply. Prequalification is not a commitment to lend. Membership required.




Flexible Home Loan – 5 Yrs Interest Only

NMLS #576560 Credit Union of Texas provides mortgage loans through its affiliate Texas Mortgage Lending, LLC, NMLS #1641703. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX's lending policies, and property approval. Rates are fixed and based on your credit history and profile. Rates and terms are subject to change without notice; other restrictions may apply. Interest only payments will apply during the 5 year period and will be re-amortized at the time the repayment period begins. If interest only payments are made during the 5 year period, the loan balance will not decrease. Prequalification is not a commitment to lend. Membership required.




Flex Auto Loan

Loans and rates are subject to credit approval. Rates and terms are subject to change without notice. Traditional Financing Payment Example: A $30,535 new auto financed at 2.39% APR; 36 monthly payments of $880. Flex Auto Loan Payment Example: A $30,535 new auto financed at 2.39% APR; 35 monthly payments of approximately $520, with a final balloon payment of approximately $14,100. APR = Annual Percentage Rate. These are actual payment examples for illustrative purposes only and may vary due to individual credit worthiness and/or loan term. Subject to mileage restrictions based on the model year. Additional charges may apply if you elect to return the vehicle at the end of the term. This is not a commitment to lend. Membership required.




Recreational Loans

APR=Annual Percentage Rate. Rate shown is the lowest rate available for recreational loans up to 72 months for models 6 years or newer. Representative example of repayment terms: For $20,000 borrowed over 60 months at 4.50% APR, the monthly payment is $373. This example is an estimate only and assumes all payments are made on time. Maximum term for loan amounts of $10,000 - $49,999 is 84 months. Minimum finance amount is $50,000 for terms up to 120 months. Minimum finance amount is $75,000 for terms over 120 months. This is not a commitment to lend. Loans and rates are subject to credit approval and loan program guidelines. Advertised rates and terms are subject to change without notice. Additional terms and conditions apply. Recreational vehicle loans include boats, motor homes, travel trailers, and campers. Membership required.




$0 Down Mortgage

NMLS #576560 CUTX provides mortgage loans through its affiliate Texas Mortgage Lending, LLC, NMLS #1641703. CUTX home loan programs are only available in Texas. Loans are subject to credit approval, CUTX’s lending policies, and property approval. Traditional closing costs apply. Membership required.



TrueCar

Between 1/1/20 and 12/31/20, the average savings off MSRP experienced by consumers who connected with a TrueCar Certified Dealer through a TrueCar-powered auto buying program and who were identified as buying a new vehicle from that Certified Dealer was $3,552. Your actual savings may vary based on multiple factors, including the vehicle you select, region, dealer, and applicable vehicle-specific manufacturer incentives, which are subject to change. The MSRP is determined by the manufacturer and may not reflect the price at which vehicles are generally sold in the dealer's trade area, as many vehicles are sold below MSRP. Each dealer sets its own pricing.