Online Banking Login


Username/ID:

WHAT IS CPI (Collateral Protection Insurance):
Collateral Protection Insurance may be issued through the credit union's insurance program. This insurance may cost more than insurance you can buy on your own. The coverages afforded by CPI are primarily to protect the credit union's interest. CPI will not satisfy the requirement of any financial responsibility law, nor does it provide liability coverage.

WHY DID I RECEIVE A NOTICE ABOUT PROVIDING PROOF OF INSURANCE?:
Your loan agreement requires you to maintain comprehensive and collision coverage on your vehicle for the life of your loan. We require that you provide us evidence that you have established acceptable insurance coverage as outlined in the loan agreement.

YOUR INSURANCE POLICY NEEDS TO INCLUDE THE FOLLOWING:
1. LAFCU, #2295, as LIENHOLDER/LOSS PAYEE.
106 N. Marketplace Blvd
Lansing, MI 48917

2. COMPREHENSIVE and COLLISION coverage on vehicle.
3. Collateral must match collateral on loan document.
4. Policy number, policy period, and company name MUST be listed.

PLEASE READ:
Should you fail to maintain the required insurance throughout the life of the loan, the lender may (but shall not be required to, and without prejudice to its rights if it does not) purchase a policy for its own protection and pass the cost of the policy on to you, the borrower. The lender, may, but is not required to, attempt to contact you prior to purchasing the insurance. The lender may at its option, add the premium to your loan. This may cause an increase to your regular payments.

PLEASE HAVE YOUR AGENT CALL (800) 653-8812 TO PROVIDE THE NECESSARY INSURANCE INFORMATON.

For your convenience, you may visit our website:



HOW DO I GET A REFUND?
If we received a copy of a comprehensive and collision insurance policy that has been purchased from your personal insurance agent or company and the policy meets all the requirements stipulated in your loan agreement, we will promptly refund any unearned portion of the premium. We will apply this refund to your loan, thus reducing its balance.

You Are Being Redirected

LAFCU is not responsible for the products, services, or information presented on the linked site.

Continue to Website >>