The credit union will accept all of the following items as collateral on loans:

  • Automobiles
  • Boat, Motor & Trailer
  • Personal Watercraft
  • Campers
  • Recreation Vehicles
  • Motorcycles
  • 4-Wheelers
  • Snowmobiles

The value of new collateral loans shall be based on the Manufacturer’s Suggested Retail Price (MSRP) supplied by the dealer.  Values of used collateral loans shall be based on the average retail price stated in the current month issue of the National Automobile Dealers Association (NADA) book.

All collateral loans will be secured by a security agreement with the credit union listed as the lien-holder on the title.

The length of the loan shall be determined by the loan officers with the maximum term on collateral loans being as follows:  share secured, 10 years; recreational vehicles, 10 years and the maximum on other collateral loans being 7 years.

For any vehicle loan, the borrower is required to cover the vehicle with a collision and comprehensive insurance policy, with a maximum deductible amount of $1,000, naming this credit union as “loss payee” on said policy for the duration of the loan as specified on the Loanliner documents.


Shopping for a used car? Start your search with CarFax. Our HCU members can call the credit union office and have us pull the CarFax report for a discounted rate of $25.

Route 66 Extended Warranty Plans

If you have purchased our Route 66 Extended Warranty, please use the following numbers:   

Emergency Road Assistance:  1-888-207-0166        

Repair Authorization:  1-800-808-0828 M-F 8:30 to 4:30 Central Time