Repayment Options

Loan Repayment Options

 

Automatic Transfer from External Account

Transfer your loan payment from another financial institution via the Automatic Clearing House (ACH) network. This is a secure electronic network used by many financial institutions to process financial transactions. Set up a specific amount to automatically withdraw from your account with another financial institution to pay back your loan. Payments can be set up for a one time transfer, weekly, bi-weekly or monthly payments. Transfer accounts must be approved by Your Legacy Federal Credit Union, this normally takes about 48 hours. After your account is approved you can begin sending transfer requests, transfer takes 2 business days to process.

Automatic Transfer from Internal Account

Transfer your loan payment automatically from your savings or checking account with Your Legacy Federal Credit Union. Set up a specific amount to automatically withdraw from your account with Your Legacy Federal Credit Union to pay back your loan. Payments can be set up for a one time transfer, weekly, bi-weekly or monthly payments. To set up an automatic transfer contact one of our loan specialists at 419-448-0191.

Payroll Deduction

Automatically deduct your loan payment from your direct deposit made at Your Legacy Federal Credit Union. Payroll deductions can be set up for weekly, bi-weekly, semi-monthly or monthly payrolls. To set up a payroll deduction contact one of our loan specialists at 419-448-0191.

Online Banking

Sign up with online banking and make your loan payments online from your savings or checking account when it is convenient for you.

Coupon Book

A coupon book can be mailed to you and you can conveniently mail a coupon in monthly with your payment.

In Person

Visit one of our convenient locations to make your loan payment in person.

 

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