Loan Program Disclosures
Pertaining To All Loans
EQUAL CREDIT OPPORTUNITY ACT NOTICE: The Federal Equal Credit
Opportunity Act prohibits creditors from discriminating against credit
ap-plications on the basis of race, color, religion, national origin,
sex, marital status and age (provided that the applicant has the
capacity to enter into a binding contract); because all or part of the
applicant's income derives from any public assistance program, or
because the applicant has in good faith exercised any right under the
Consumer Credit Protection Act. The Federal Agency that administers
compliance with this law concerning this creditor is: National Credit
Union Administration, 1230 W. Washington Street, Suite 301, Tempe, AZ
Washington State Law Against Discrimination
prohibits discrimination in credit transactions because of race, creed,
color, national origin, sex, marital status or the presence of any
sensory, mental or physical handicap. The Washington State Human Rights
Commission administers compliance with this law.
Pertaining to Home Equity Loans and Home Mortgage Loans
Under the Federal Fair Housing act, it is illegal, on the basis
of race, color, national origin, religion, sex, handicap, or familial
status (having children under the age of 18), to: Deny any loan for the
purpose of purchasing, constructing, improving, repairing or maintaining
a dwelling, or deny any loan secured by a dwelling; or Discriminate in
fixing the amount, interest rate, duration, application procedures or
other terms or conditions of such a loan, or in appraising property.
If you believe you have been discriminated
against, you should send a compliant to: Assistant Secretary for Fair
Housing and Equal Opportunity, Department of Housing & Urban
Development, Washington D.C. 20410, for processing under the Federal
Fair Housing Act. Also send notice to: National Credit Union
Administration, 1230 W. Washington Street, Suite 301, Tempe, AZ 85281.
Home Mortgage Disclosure Act Notice: The HMDA data about our
residential mortgage lending program is available for review. The data
shows geographic distribution of loans and applications; race, gender,
and income of applicants and borrowers; and information about loan
approvals and denials. HMDA data may be inspected by contacting the
Credit Union at 822 Commerce, P.O. Box 1786, Longview, WA 98632.
These loans may be variable rate loans depending on the product you
select. The maximum rate that would ever be charged on variable rate
loans is 18% APR.