Debit Card LOC Loans

We offer a Line of Credit loan tied to your debit card. We automatically transfer funds from you Debit Card LOC loan to cover your debit card transaction when there are insufficient funds. A nominal fee is assessed with each funds transfer. 

Payments to the Line of Credit are due monthly and will be automatically applied from your share draft account on the last day of the month.

Debit Card LOC loans operate separately from Courtesy Pay.

Benefits of the Debit Card Line-of-Credit Loan:

• Purchases will be covered if funds are not available.
• $50 line of credit is automatically provided to you when you apply for a debit card.
• You can increase your credit line up to $500. Click the button below to apply for an increase above $50.

Information Required as Part of the Approval Process.

• Verification of income from all borrowers – paystubs within the past 30 days and/or all other income sources.

Download PDF Form Option

Of course, for those of you who prefer to apply using a paper form, you can download a PDF form HERE. You can populate the form on your computer, print it out and deliver in person at the Credit Union.

You can email this information to newloans@kenteachfcu.com or fax it to (716) 877-6456.