1. Information we collect
First time borrowers need to complete an "Open-End Credit
Plan Agreement" and a Loan Application. Both can be obtained
through your on-site representative, or call the credit union
and we will be happy to mail one to you. Subsequent loan requests
require an update form that can be faxed, or in some instances
we can take the information over the phone.
2. How long do I have to be a member
before I can apply for a loan?
You may apply for a loan as soon as you become a member. There
are no membership time requirements for loan qualifying.
3. How do I add/remove a joint member
to/from my account?
To add a member you will need to complete a new signature
card, which you and the joint member sign where indicated.
To remove a joint member, all joint members of the account
need to agree to the removal, or the account can be closed
and remaining joint members may open a new account.
4. How do I change my payroll deduction?
Payroll deduction is an agreement between you and your employer.
Payroll deduction change forms are available from your employer
and should be filed with them. When changing deductions, remember
to indicated the total amount you want deducted from your
check and forwarded to the credit union.
5. Direct Deposit Questions
1.Why should I use Direct Deposit?
- Safe – Your paycheck is protected against loss
- Worry-free – Now you can be assured that your
check is deposited, even when you're away from home.
- Saves time – You no longer have to make special
trips to the credit union or stand in long lines on payday.
- Convenient – No more waiting for the mailman.
Your deposits will be made for you automatically, allowing
you to set your own timetable for getting cash.
2. How do I apply?
Our Member Service Representatives have all the necessary
forms. If you wish, they will be happy to fill them in for
you. All you have to do is tell them how you want your money
distributed and sign your name. Savannah Postal CU will take care of everything
3. How will I be able to keep track
of my money?
Your check stub from your paycheck is your permanent record.
Or with Audio Teller, our 24 hour telephone response system
you can check your balance at any time.
4. Is there a charge for this service?
This service is free to all participating Savannah Postal CU members.