Loan Resources

Need additional protection with your loan? We can help. Cyprus Credit Union provides a variety of resources to help ensure you're getting the most of your loan.

Mechanical Breakdown

The average new car is out of warranty in just two and a half years, and as time goes on, the likelihood of mechanical failure on your vehicle is inevitable. Advanced electronics, complex systems, and rising labor costs mean that a repair that might have cost hundreds of dollars a few years ago may now cost you thousands. With Major Mechanical Protection (MMP), you can protect yourself against these expensive repairs 

Guaranteed Asset Protection (GAP) 

Did you know that if your new vehicle is totaled, or stolen and not recovered, your insurance may not pay off the total amount owed?  A vehicle's value declines as a result of depreciation, and your loan balance can be higher than the Actual Cash Value (ACV) which is established by your insurance company.   GAP reduces or eliminates the added expense and pays the difference between the ACV of your vehicle, as determined by your insurance company, and the balance still owed.

Debt Protection

These days, even the most responsible person can be hit with bills they can’t pay. When that happens, whether because of injury, illness, or accidental death, Debt Protection in most cases can help eliminate your debt. 

Auto, Home and Life Insurance

These days, even the most responsible person can be hit with bills they can’t pay. When that happens, whether because of injury, illness, or accidental death, Debt Protection in most cases can help eliminate your debt. 

Vehicle Insurance Submission

Get Started Updating Your Insurance Status. The information you provide will enable us to verify your insurance coverage and update our records as required in your loan agreement.

Home Banking

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