One of the credit union's primary goals is to provide a reliable source of credit for our members' needs. Loans are made for most productive purposes: to pay debts, to purchase vehicles, to pay medical or education expenses, to buy furniture or appliances, and more.

Loans are made in accordance with policies established by the Board of Directors and are granted based on length of employment, credit history, need, and ability to repay. TEFCU loan officers look for reasons to approve loans, not to deny them. See our current loan and credit card interest rates.

New & used vehicles, RVs, boats and motorcycles

Texoma Educators FCU can offer up to 100% financing on new auto loans and rates as low as 1.9% APR upon approval. With pre-approval and flexible terms, our loan officers will help you find the loan that best suits your needs.

  • Cars
  • Trucks
  • Recreational vehicles
  • Trailers
  • Motorcycles, dirt bikes
  • ATVs
  • Side-by-sides (SXS)
  • Boats
  • Personal watercraft (such as Jet Skis, Waverunners)
  • Small farm equipment (such as tractors)

Personal loans

A personal loan from TEFCU can help you with unexpected expenses. This option is available for a wide variety of purposes, such as debt consolidation, furniture, appliances, vacations, medical expenses and more.

Share- & certificate-secured loans

A share-secured loan or certificate-secured loan is secured by your deposits at TEFCU. This type of loan enables you to cover expenses without depleting your savings accounts. You'll find that the rates are considerably lower than for a traditional personal loan.

Automatic loan payment

With payroll deduction, where available, you can have your loan payment automatically deducted from your paycheck each month. You also can use our automatic transfer program to have your payment transferred directly from a TEFCU account on the same day each month. These options give you the confidence of knowing that your loan payment will be made on time, even when you're out of town.

We're here to help

Contact us today with your loan questions.

How to Apply for a Loan

You can apply for a loan online. Follow the instructions on the page, and your request will be sent to us when you click "Submit." Processing will begin immediately. In most cases, you will have a reply within one business day.

Loan applications also are available at all credit union offices and can be mailed to you at your request. Once you have completed the application, simply turn it in to a teller or loan officer.

If you need to meet with a loan officer in person, please contact us.