• Auto theft occurs once every 21 seconds
• 33 percent of stolen cars are not recovered

ElecTel CCU can give members a piece of mind by offering Guaranteed Asset Protection Plus (GAP) on all of our auto loans.  GAP Plus is a service designed to provide gap coverage (that is, to cover the deficiency balance) if your vehicle is stolen and not recovered or is damaged beyond repair for any insured reason during the term of a loan contract.

With our GAP Plus program, $1,000 will be provided as a down payment credit toward the purchase of your replacement vehicle.  You can pay as much as $795 for this coverage from the dealership.  ElecTel CCU offers this added collateral protection for as low as $229.  Best of all, the cost of this protection can be financed into your loan!

This is just another way ElecTel CCU is working to better serve and protect our members.  Please call our loan department at 1-800-849-5600 for additional details, or email us at lending@electelccu.org for more details!