Introducing Our CARE Program
– Covid 19 Assistance Relief Efforts –
Designed to Help our Members
During These Difficult Times
We’re here to support you and your family through the uncertainties of this challenging time. To help ease some of the financial burden you may be facing at this time, we have instituted the following temporary CARE Program, featuring Low Rate Loans,
Skip-2-Payments and Service Fee Waiving.
CARE Program Low Rate Loans
Signature Loans
– No Credit Report Required – No Payments for 60 Days – Up to 12 Months to Repay
If YOU are a Primary Member that currently has at least a $750 monthly Direct Deposit to your Rancho Federal Account:
- Current Direct Deposit history for less than 1 Year: $500 Loan
- Current Direct Deposit history for 1 year – 4 years: $1,000 Loan
- Current Direct Deposit history for 5 years or more: $1,500 Loan
8.00% APR for phone or online applications
10.00% APR for in person applications
Click HERE to apply for a loan online. Select CARE Loan in the dropdown.
If you are a primary member that does NOT have Direct Deposit to Rancho Federal:
- You have been a primary member for 90 Days to 1 Year: $250 Loan
- You have been a primary member for 1 year or more: $500 Loan
10.00% APR for phone or online applications
12.00% APR for in person applications
A current paystub not older than 60 days is required
If you have other lending needs, feel free to apply online for any of our standard loan products and services.
CARE Program Skip-2-Payments
CARE Program Fee Waiving
Savings
- Fee Free Cashier’s Checks
- Waive Credit Card Cash Advance Fee
Checking
- Open Low Cost Checking Accounts over the Phone
- Waive Opening Deposit
- Mail Out Debit Card
- Extended Courtesy Pay Protection
- Fee Free Cashier’s Checks
- Waive Credit Card Cash Advance Fee
- Waive Debit Card Replacement Fee
- Negative Courtesy Pay Protection Service Balance extended
from 30 days to 60 days, repayment by day 75 required
Christmas & Vacation Clubs
- Waive Early Withdrawal Penalty
IRA
- Waive Early Withdrawal Penalty
- Waive Early Closure Fee
Share Certificates
- Waive Early Withdrawal Penalty
If you have questions, or a situation that you would like to discuss further, please call 866.855.9050, We’re here to help and “We Take CARE of Our Own.”