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Tobacco Valley Teachers FCU

Tobacco Valley Teachers Federal Credit Union

182 South Road, Enfield, CT 06082 - Routing Number: 211176969
Call: 860-253-4780 or 800-749-8305 | Fax: 860-253-4785
View office hours | Email: msr@tvtfcu.org
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Loans

Vehicle & Recreational Vehicle Loans
The Tobacco Valley Teachers Federal Credit Union offers new and pre-owned vehicle loans with competitive rates to our members. Whether you need to purchase a car, motorcycle, dirt bike, boat or an RV, we’ll get you pre-qualified and on your way!

Online Auto Buying Resource Center

You can search thousands of cars nationwide, price out your next car in minutes, save your car searches, view FREE CarFax Reports (If they are available through the dealership.), get trade-in values, determine your estimated monthly loan payment and apply for your loan with TVTFCU!


GAP Insurance - Guaranteed Asset Protection (GAP) helps cover the difference between your primary insurer's settlement and the loan balance on items directly related to the purchase of the vehicle. TVTFCU offers this to our members at a very low cost.

Credit Life & Credit Disability Insurance - The credit union offers Credit Life & Credit Disability Insurance at a very low cost on all loans and credit cards to our members through CUNA Mutual. 

The insurance offered is not a deposit and is not federally insured by NCUA. The insurance is not guaranteed by the credit union nor an obligation of the credit union. The insurance may lose value.

Auto Insurance - Members may purchase auto insurance at a discounted rate through our insurance partner. Teachers can also receive special auto insurance benefits! Plus teen drivers may be eligible for the Good Student Discount. For more information contact Len Whitten of Liberty Mutual Insurance (a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

Click here to see the latest rates for our Vehicle & Recreational Vehicle Loans.

Personal Loans
You can use a personal loan for consolidating debt, vacations, home renovations, education and more. The Tobacco Valley Teachers Federal Credit Union has great competitive rates.

Click here to see the latest rates for our Personal Loans.

Classroom Cash Loan
Do you need help buying school supplies for your students?
This may just be the right option to help with your spending needs.

  • 0% interest
  • Borrow up to $1,000
  • Up to 10 easy monthly payments of $50

Click here to see complete details about our Classroom Cash Loans.

Visa Credit Cards
The credit union offers two low rate Visa Credit Cards. 

  • Visa Classic Credit Card with Scorecard Rewards
  • Visa Platinum Credit Card

They have no annual fee, no cash advance fee and no balance transfer fee! Transfer your existing high balances from another lender and save money!

Click here to see complete details about our Visa Credit Cards.

Savers Loan
Have you ever wondered how to build or repair your credit?
Have you ever wished you could build a savings account?
You can do all these with this new loan product!

Here is how it works:

  • Loan amount = $500.00
  • Loan Term 12 months
  • Loan proceeds deposited into your savings account
  • Monthly loan payments are approximately $48.00 per month
  • Loan proceeds are available to you when the loan is paid in full
  • A co-signer is not required
  • Must have some income to satisfy monthly payment

When the loan is paid in full, the $500.00 will be available to you. Once you have paid the loan and you are in the habit of making this monthly payment why not continue to make the monthly payment to yourself, and watch your savings balance grow. Contact our Loan Department for more information at 860-253-4780 or 800-749-8305.

Click here to see the latest rates for our Savers Loan.

Mortgages*

The Tobacco Valley Teachers Federal Credit Union offers a variety of Mortgages to fit our member's needs.

Mortgages offered include:

Conventional Mortgage - Fixed and Adjustable rates. Loan to Values up to 97% with loan terms of 10, 15, 20, 25, and 30 years. One to four family homes allowed, starting with credit scores at 620. Owner Occupied and Investment available.

FHA & 203k Rehab Mortgage - Loan to Values of 96.5% with credit scores starting at 580. Home must be an owner-occupied home. Down payment can be a gift from a close family member. One to four family homes allowed with 3 months reserves for three and four families only. This government loan will have an additional 1.75% charge to closing cost that funds the government insurance for this loan. This fee can be incorporated inside the loan.

VA Mortgage - Loan to Values up to 100% on Purchase and Refinance. One to four family homes with credit scores as low as 580. No PMI required and all homes must be owner occupied. The VA insurance will charge 2.15% to the loan in the closing cost that can be included in the loan. Disabled veterans upon approval incur no fee.

USDA - Loan to Value up to 100% with credit scores as low as 620. Single-family owner-occupied homes, condos included. Available to member buying in USDA towns and with permitted income limits. This loan also has a 1% fee charged by USDA in the closing cost that can be added to loan.

HomeReady Conventional - First-time homebuyer, 3% down payment, lower PMI, lower rates (income-based)  

Reverse Mortgage - For seniors over the age of 62

Mortgages also offered in the following states through our Mortgage partner.*
Massachusetts, Rhode Island, New Hampshire, Maine, Florida, Georgia and South Carolina

Click here to see the latest rates for our Mortgages.

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance (a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

*Mortgage products offered in partnership with Allanach Mortgage Group, broker's license
CT ML2894 – MA MC2894 – RI 20051935LB – NH 5616MB
ME  CS04501 - FL MLD1444 – GA 65192 - SC MLS 2894

Mortgage Express
Our Mortgage Express is a beneficial option for those looking to pay-off their mortgage in 15 years or less without going through the added time and expense of a residential first mortgage refinance. Our staff will assist you through the simple process and get you closer to your future dreams!

  • LOW fixed rate
  • NO points
  • NO attorney fee
  • NO credit report fee
  • NO recording fee
  • NO title insurance fee
  • NO flood certification fee
  • NO prepayment penalty

Click here to see the latest rate for our Mortgage Express.

Fixed Home Equity Loans
Your home is one of the greatest assets you will ever own. Our fixed rate equity loans gives you the opportunity to use this asset in order to pay off high interest credit card bills, outstanding loans, or even just to do some home improvements.

Click here to see the latest rates for our Fixed Home Equity Loans.

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance (a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

Home Equity Line of Credit
A home equity line is a form of revolving credit, in which your home serves as collateral. Our home equity line of credit has a variable rate of (Prime + 0) and consists of a "draw period" of 10 years, and a repayment term of 15 years thereafter. Let your homework for you. Contact our Loan Department at 860-253-4780 or 800-749-8305 for more information.

Click here to see the latest rates for our Home Equity Line of Credit.

MEMBER DISCOUNT: Members may purchase homeowners insurance at a discounted rate through our insurance partner. For more information contact Len Whitten of Liberty Mutual Insurance (a partner of CMFG Life Insurance Company/CUNA Mutual Group) at 860-683-2600 x52302.

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