New/Used Boats, Jet Skis, etc.

Let’s hit the water for fun in the sun!

Watercraft loans under $15,000 may be approved up to 84 months. Maximum of 144 months for larger loans. Get GAP coverage through us for more savings! Only $442 on boats less than $15,000 and only $395 on Jet Skis!

Motorcycles

Let us help you buy the Motorcycle of your dreams! We also offer GAP coverage, only $395 on Motorcycles!

ATV/UTV’s

Get out there and have some fun! Loans for up to 72 months and we offer GAP coverage for only $395.00!

RV’s/Motor Homes/5th Wheels

Let’s get out of town and hit the road! We offer RV/Motor Homes/Fifth Wheels loans that may be approved for up to 144 months and may require 20% down payment. Get GAP coverage on Motor Homes with original balance under $15,000 for only $518 & on Travel Trailers under $15,000 for only $442! Low rates available for loan balances under 36 months, just ask your loan officer.

Personal Loans

Don’t get “ripped off” with a payday or title loans. We make personal loans for as little as $1,000.

Have you heard? You may qualify for a great personal loan rate! How? Just borrow a minimum of $1,000 and we’ll reduce your personal loan rate by 1% per secured loan you have with us up to 2%! Perfect for your holiday cash needs and much better than using credit cards!

Tractors

Don’t let big dealers mow you over! Let us help you with the right equipment loan!

Horse Trailers and More

We can help you haul your horse or gear! Trailer loans under $15,000 may be approved for up to 84 months. We finance horse, flat bed, cargo trailers and more!

Yes, we’ll even make you a loan for the horse! (Personal loan rates & terms.)

Real Estate Loans

Looking to purchase a new home or refinance, lower your rate, and get cash on the equity of your current house! We have partnered with FocusOne, (formerly MemberHomeLoan), NMLS#809989 to offer residential mortgage and land/lot loans.

Apply today by calling (832) 912-2191 or clicking on the FocusOne link below!

Term Share Certificate Secured

Use your own Term Share Certificate as collateral with an interest rate of only 1% APR* above the dividend rate of the certificate.

Term will equal remaining term of certificate.

Share Secured

Use your regular share/savings as collateral with an interest rate of only 1% APR* above the current share rate for 24 months and 2% APR* above the current share rate for 36 months.

Loan Interest Rebates

We reward our members for their loan business with a Loan Interest Rebate! The finance charge/loan interest rebate for 2023 was 30%!

Here’s what we’ve historically returned:

For example, if your total finance charge on your vehicle loan in 2023 was $500, we credited $150 back to your regular share account on 12/31/23! As this is a return of interest you paid during the year, it is not reported to the IRS as income.

Loan Interest rebates historically are paid on the 31st of December of each year on all loans except: Student loans, Mastercard, Real Estate loans and loans in default or bankruptcy. Members that have caused the credit union a loss will also not receive the loan interest rebate. If a member is 2 months or more delinquent on their Mastercard with ICEFCU, they will not be eligible to receive the rebate on any of their loans with ICEFCU.

For Your Information

If you work for the City of Irving, you can have your loan payments automatically deducted out of your check each payday.

All ICEFCU loans are based on Simple Interest Method of Interest Calculation. This is the best interest calculation method for the borrower as interest is paid only on the decreasing monthly balance. There are no pre-payment penalties with CU loans, so interest is paid only for how long the funds are borrowed.

We’re here to save you money! Since the credit union is a financial cooperative, our members, by their deposits/savings, provide the pool of funds that we in turn loan back to our members borrowing funds. The interest made from loans (along with income from investments, etc.) and after deducting operating expenses is returned to the membership in the form of dividends on deposits and services.

Payments are rounded up to the next whole dollar amount.

Late Charge: $20 per payment on every payment over 5 days past due.

ICEFCU does not make Commercial/Business Loans.

We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report. Loans more than 30 days past due are normally reported to a credit bureau. This information may be reflected in the account holder’s credit report.