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Dear Members,

Please be aware if you receive an email from vfcu@vfcu.net along with http://www.vfcu.net/ and verification@curesources.coop together please do not open email; delete it immediately. Valley Federal Credit Union will never send an email regarding conducting verification of members accounts. Thank you Valley Federal Credit Union.

Credit Unions and You

Credit Unions and You

Even if you are not a VFCU member, we strive to provide you with the best answers and information regarding your credit union. The following are some of the most common questions about the services offered by credit unions. To learn more about a specific area, contact our main office in Brownsville at (956) 564-3108 or visit one of our branches.

Can I join a credit union despite having bad credit?

You absolutely can. In fact, if you have bad credit, we invite you to join us so we can assist you by repairing your credit score and stabilizing your financial status. Our services are structured so that you can have all the tools necessary to keep your finances in order. Contact Us If you are...

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Can a credit union help me consolidate my debt?

Credit unions are locally owned and therefore are not-for-profit organizations. They are there for the members. This means that they are able to extend credit to those in marginal situations through various kinds of loans. Some credit unions do offer debt consolidation and/or debt counseling. Contact Us Contact VFCU at their Brownsville credit union branch...

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Can students join a credit union?

Students can join a credit union and to their benefit. Credit unions offer a variety of perks to help students feel a sense of security and relief during their college years. One of the perks is lower APR on certain student loans. Contact Us To begin feeling a sense of relief during your stressful college...

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Does the Credit Union Offer Auto Insurance?

Some credit unions do offer auto insurance, while others offer disability and life insurance on the auto loan. Some restrictions and terms do apply. Contact Us For more information about insurance or auto loans, contact the team at Valley Federal Credit Union at their Brownsville branch at (956) 546-3108, or their Harlingen branch at (956)

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What is the Difference Between Current Balance and Available Balance?

Current balance does not include any holds or pending transactions. Available balance is the amount available for immediate withdrawal or use. Contact Us For more information about your balance or any of your banking needs, contact your banking professionals of Valley Federal Credit Union at their Brownsville branch by calling (956) 546-3108, or their Harlingen...

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What is a certificate of deposit in a credit union?

A certificate of deposit, or CD, is opened to store money for any savings purpose. They offer a high investment return depending on the term period chosen to lock in money. A guaranteed fixed interest rate allows your money to gain interest. Contact Us For more information regarding CDs, contact the Harlingen branch of Valley...

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Can I rebuild my credit by joining a credit union?

Establishing new credit or re-establishing by opening a credit union account is a good way of rebuilding bad credit to good credit. Credit unions commit themselves to providing assistance to those with bad credit by offering low APRs, second chance loans, and financial helpers. Contact Us To join a credit union today, call the Harlingen...

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What is an overdraft fee?

An overdraft fee is a charge made by the bank on your account if you try making a purchase with an insufficient amount of funds available. The bank will cover the expense for you, but will charge the fee for covering it. The charge for an overdraft fee is $30.00 for every time you swipe...

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What is a field of membership?

A field of membership must meet certain requirements and be approved by the NCUA. It is comprised of a group of members that share a specific bond, perhaps the same church, community or labor union. These groups will deposit money into share accounts, helping support one another through bond interaction. Contact Us For more information...

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What Are The Benefits of Direct Deposit?

There are several benefits to having your check directly deposited into your account. They include: It’s convenient Your money is safe from getting lost or stolen You get your money faster Direct deposit can include other benefits such as free checking Contact Us For more information about direct deposit or questions on becoming a member,...

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