OPENING
JANUARY 2, 2023
Hours of Operation
Monday - Friday
7:00AM - 3:00PM
Closed Saturday & Sunday
FLORENCE FEDERAL
CREDIT UNION
Saving for the future!
Florence Federal Credit Union is a non-profit member-owned institution created and operated by its members.
Membership
*Anyone that lives, works, worships or attends school in the Town of Florence may become a member.
Family members of Florence members may also join FFCU.
PRODUCTS & SERVICES
CHECKING & SAVINGS
PERSONAL
BUSINESS
VISA DEBIT CARD
$20 MINIMUM BALANCE
$3 MONTHLY SERVICE FEE - $100 OR LESS
CASHIER CHECKS - $10
MONEY ORDERS - $1.50
DIRECT DEPOSIT
ONLINE BANKING
BUSINESS LOANS
Business loans provide capital up to $5,000 to rebuild, re-open, repair, enhance, or improve your small business.
A form of collateral as well as a signed personal guarantee from the business owner is required.
Business loans can be used for:
Working capital
Inventory or supplies
Furniture or fixtures
Machinery or equipment
Business loans cannot be used to pay existing debts or purchase real estate.
Repayment Terms, Interest Rates, and Fees
Loan repayment terms vary according to several factors:
Loan amount
Planned use of funds
Requirements determined by BFCU
Needs of the small business borrower
The maximum repayment term allowed is five years.
Interest rates vary, depending on BFCU and costs to BFCU from the U.S. Treasury.
Applicant must be U.S. Citizen.
Generally, rates will be between 8 and 13 percent.
LOAN PRE-APPLICATION
Maximum Loan: $5,000
Complete and Submit