How it works!
Option One| A. | Apply for Unitus membership and sign-up for uOnline. |
| B. | Login to uOnline and apply for your bicycle loan. |
| C. | If approved, go pick out your bicycle at a local bicycle shop and have them give you an itemized invoice showing the total purchase price (including accessories)**. |
| D. | Go to a Unitus branch to complete the account opening process*** and to sign the loan documents; you will receive a check made payable to the bicycle shop and yourself for up to 80% of the total purchase price (including accessories)**. |
| E. | Take the check to the bicycle shop and complete your purchase. |
Option Two
| A. | Purchase the bicycle, along with any accessories**. |
| B. |
Go to a Unitus branch with your receipt of purchase within two weeks of purchase date (receipt must be itemized).
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| C. | If approved for membership and the loan, Unitus will reimburse 80% of the total bicycle/accessory cost into your new Unitus Rewards checking account**. |
Buying a custom built bicycle from a bicycle builder in the Portland metro area?
Please contact bicycleloan@unitusccu.com or call (503) 227-5571 x2483. Ask to talk with one of our bicycle loan experts, Mike or Sue, for further details on how this custom program works.
*APR=ANNUAL PERCENTAGE RATE. Rates are based on your credit history and credit qualifications. Minimum $250; maximum $2500. Maximum loan term is 12 months. Applies to new purchase only. Additional terms may apply, contact Unitus for more information. All checking accounts require a $20.00 initial deposit to open. Loan term based on amount borrow. Maximum loan term 12 months
** Total purchase price, including accessories, cannot exceed 120% of the retail price of the bicycle.
***To qualify for a Unitus bicycle Loan, you must have an open Unitus Rewards Checking Account and sign-up for Direct Deposit and Automatic Loan Payments.