Groundhog Loan Sale Pre-approvals ENDED 2/3/2021 @ 4 pm CST.
Rules below apply to pre-approved Members between Jan. 19 and Feb. 3.

2021 Groundhog Day Loan Sale Official Rules and Guidelines
On Thursday, February 4, 2021 University & Community Federal Credit Union will have a one day Groundhog Day loan sale. To save time you can get pre-approved starting Tuesday, January 19, 2021 and ending on Wednesday, February 3, 2021. On Thursday, February 4, 2021 doors will open at 7 a.m. and you can get a secured consumer loan for as low as 1.19% APR** or an unsecured consumer loan for as low as 5.09% APR++. This is on a first come, first serve basis. You have to get here before everyone else to get the best rate. See complete rules below for details.

Procedure

  • Apply online at www.cuintouch.com between Tuesday, January 19, 2021 and Wednesday, February 3, 2021 to get pre-approved.
    Approval is not guaranteed.
  • Once you’re pre-approved, you will schedule an appointment with your loan officer to finalize your loan closing by Friday, February 26, 2021.
  • Pre-approved applicants will receive an email notification by 8 pm on Wednesday, February 3, 2021 regarding the loan sale. The email will contain final details regarding the event and any changes required due to COVID-19 precautions and/or inclement weather. This email will also serve as notification of any change in procedure UCFCU may need to implement prior to the event.
  • Come into our Main Location (311 E. McElroy Rd., Stillwater, OK 74075) on Thursday, February 4, 2021 beginning at 7 a.m. with your pre-approval letter to secure your rate. This is a first come, first serve basis. Employees will be waiting outdoors to direct you in your vehicle; the process will be handled in a drive-thru style manner.
  • No further action is needed until you are ready to close your loan. Loans must be closed by Friday, February 26, 2021 to receive the Groundhog Day rate.

Rules

  • To receive a Groundhog Day loan rate, loans must be $5,000.00 or over for secured and $1,000 or over for unsecured.
  • Loans must be new to UCFCU (i.e. New Loan or Refinance from another institution).
  • No current UCFCU loans will be refinanced.
  • No real estate loans.
  • No credit cards.
  • No in-direct loans.
  • Doors will open at 8 a.m.
  • For the first tier of $750,000 in loans the loan rates will be 1.19% APR** for secured and 5.09% APR++ for unsecured. For the second tier of $750,000 in loans the loan rates will be 1.49% APR***for secured and 6.09% APR+++ for unsecured. For the final tier in loans the loan rates will be 1.79% APR**** for secured and 7.09% APR++++ for unsecured.
  • If you don’t qualify, we reserve the right to refuse your loan request.
  • Qualification is based on credit worthiness and amount of loan.
  • This sale only goes towards secured loans 0-72 months and unsecured loans 0-36 months terms.
  • University & Community Federal Credit Union reserves the right to make changes to event procedures due to COVID-19’s required precautions and/or inclement weather.

Out Of Town Member Guidelines

  • If you are a current member that can’t make it to Stillwater on Thursday, February 4, 2021 you still have a chance to get a great loan rate. All the rules will be the same except for the rate tiers. View tiers below.
  • Between Tuesday, January 19, 2021 and Wednesday, February 3, 2021 you can call in or apply online and get pre-approved.
  • We are ONLY allotting $750,000 in loans to out of town members and the loan rates will be 1.79% APR**** for secured and 7.09% APR++++ for unsecured. This is a first come, first serve basis. Once the $750,000 is gone, the special rate will expire.
  • To get pre-approved just contact a loan officer and tell them “I am an out of town member that would like to get pre-approved for the Groundhog Day loan sale.”

For any questions, please contact us.
**An auto loan of 20,000 for 72 months at 1.19% APR will have a monthly payment of $287.94. Loan is subject to credit approval. A lien fee and VSI will be required. Must be 18 or older to apply.
***An auto loan of 20,000 for 72 months at 1.49% APR will have a monthly payment of $290.54. Loan is subject to credit approval. A lien fee and VSI will be required. Must be 18 or older to apply.
****An auto loan of 20,000 for 72 months at 1.79% APR will have a monthly payment of $293.16. Loan is subject to credit approval. A lien fee and VSI will be required. Must be 18 or older to apply.
++An unsecured loan of 5,000 for 36 months at 5.09% APR will have a monthly payment of $150.04. Loan is subject to credit approval. Must be 18 or older to apply.
+++An unsecured loan of 5,000 for 36 months at 6.09% APR will have a monthly payment of $152.30. Loan is subject to credit approval. Must be 18 or older to apply.
++++An unsecured loan of 5,000 for 36 months at 7.09% APR will have a monthly payment of $154.57. Loan is subject to credit approval. Must be 18 or older to apply.
This loan sale only goes towards secured loans 0-72 months and unsecured 0-36 months terms.