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Purchase a new vehicle, remodel the kitchen, or consolidate debt with a loan from Texell.

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Auto Loans

Texell consistently offers the best rates on all auto loans. Get behind the wheel of your next vehicle with our quick, easy pre-approval.

  • New or new-to-you cars, trucks, or vans
  • Pre-approvals available
  • Low, fixed rates and flexible terms
  • Fast and easy approval
  • Qualified loans eligible for Skip-a-pay

Refinance Your Ride

Do you already have a car you love? We'll help you refinance to make sure you're getting the best rate.

  • Reduce the term of your loan
  • Low rates with lower payments
  • Multiple payment options and due dates

Boat, Motorcycle, RV, ATV, & Jet Ski Loans

Whether it's the open road or waterway, start your next adventure with vehicle loans.

  • New or preowned boats, motorcycles, and RVs
  • Pre-approvals available
  • Low, fixed rates and flexible terms
  • Fast and easy approval
  • Qualified loans eligible for Skip-a-pay

Personal Loans customized for you:

  • Easy to qualify
  • Low, fixed rates and flexible terms
  • Fast and easy approval
  • Qualified loans eligible for Skip-a-pay

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Benefits of a Secured Loan:

If you don't want to use your savings for an expense but use it as collateral, this loan is for you.

  • Use your Texell Certificate of Deposit or Savings Account as collateral for the loan.
  • Your deposits will be held until you repay the loan, but you will continue to earn interest on your funds.
  • Secured Loans eligible for Skip-a-pay up to twice a year.

Frequently Asked Questions:

There are several ways to pay your Loan:
  1. A loan expert can set up automatic payments for you when you get your Loan, and you will never have to worry about making a payment again.
  2. Transfer funds anytime using Digital Banking. You can transfer funds from your Texell checking or savings account or an account at another financial institution.
  3. You can pay your loan with a debit card from another financial institution.1
  4. You can also mail a check, call a representative, or visit any branch to make your loan payment.
Loan amounts will vary by individual and depends on several factors, including what the loan is for, your credit score, and your ability to repay the loan.
In most cases, you will receive your funds on the same day your personal loan is approved. You can have your funds deposited into your Texell account or sent to your account at another financial institution. It is up to you. If you are consolidating debt, we'll even send the funds directly to your other creditors.
You can protect your loan with Credit Life, Credit Disability, Guaranteed Asset Protection (GAP), and Extended Warranty coverage.
Credit Life Insurance — This insurance policy pays off the loan balance to the credit union. It offers a Funeral Concierge service in case of the member's death. 
Credit Disability Insurance — This insurance policy makes the monthly loan payment to the credit union to reduce or pay off a loan if the member becomes disabled by a covered sickness or accident.     

Guaranteed Asset Protection — This insurance policy pays the difference between the actual cash value of the vehicle and what is remaining on the loan for an automobile, RV, boat, or motorcycle in the event the vehicle is totaled or stolen before the final payment.

Extended Warranty — This warranty provides valuable protection against the costs associated with most unexpected mechanical repairs.
Sometimes you need a break from paying your loan every month to free up money for other uses. With Texell's Skip-a-pay, you can skip your eligible loan2 payment twice every 12 months.

Skip-a-pay is available for a low processing fee of $25 when you Digital Banking. If you do not wish to utilize Digital Banking to save $10, you can fill out and submit this Skip-a-pay form.
In most cases, poor credit will not preclude you from getting a secured loan because you're securing the loan with an asset.
It depends, but a good rule of thumb is to use a certificate of deposit if you won't need the money for the term of the certificate. Using a certificate of deposit will allow you to receive a higher dividend rate on your funds.

1 There is a $4.95 per payment fee for debit card payments conducted through Digital Banking or on There is a $15 per payment fee for debit card payments made by a Texell representative.

2 Holiday, Credit Builder, Yes!, Teacher, Employer, Home Equity, Home Improvement, Land, Mortgage, One-Time Payment, Fresh Start, Lines of Credit, Credit Cards and loans 15 or more days delinquent are not eligible for skip-a-payment. Loans that have been 30 days past due within the last year do not qualify for Skip-a-pay. Loan payments must have been on time during the three months preceding this request. All accounts at the credit union must be in good standing. If approved, your regular monthly payment schedule will resume immediately following the month you indicate on your request form. No more than two non-consecutive monthly payments may be skipped in twelve months.

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