Loan Payment Options
We offer the following methods to pay your loans online
Making loan payments should be simple. Coosa Valley Credit Union offers you a fast and easy way to make your loan payments online using your own account or accounts from other financial institutions.
Transfer funds in Online Banking from a deposit account at the credit union to your loan.
Instantly move money from a Coosa Valley Credit Union account to make a payment on your Coosa Valley Credit Union loan account. Or schedule a transfer for a later date. This is a free service offered to our members. To get started, log in to Online Banking, then select Transfers within the top navigation.
Recurring Transfer from Another Financial Institution
Set up a recurring transfer from your checking or savings account at another financial institution to your Coosa Valley Credit Union loan. Click here to get started.
One-Time Payment Using Checking Account
A secure way to make a one-time payment to your Coosa Valley Credit Union loan using a debit card or checking account from another financial institution without signing up for Online Banking. Click here to get started.
Frequently Asked Questions About Using Debit Card/Checking Account for One-Time Payment:
How do I start?
Note: You will need the complete 13 digit account number of your loan and the complete routing and account information or debit card number from the account you wish to pay from. You may find this in Online Banking. Just click on the loan, and the account number will be in the "details" section. If you do not have the 13 digit loan account number for your Coosa Valley Credit Union loan, please contact us at 706-235-8551.
What type of accounts can be used to pay my Coosa Valley Credit Union loan?
Any type of deposit account may be used to pay your Coosa Valley Credit Union loan.
Note: You will need the debit card number or the complete routing and account information from your other account.
Is there a fee for this service?
There is a $2.00 for using this service if done online. There is a $15.00 fee if a payment is made over the phone with a CVCU agent. Alternatively, you have the option of setting up a checking or savings account with Coosa Valley Credit Union, and making your loan payment within Online Banking. There is no fee associated with using Online Banking.
Is there a limit on how much can be paid?
Payments done online have a maximum payment amount of $2,500.00. For payments above that amount, you will need to call one of our agents at 706-235-8551 to assist you with this payment. Note: There is a $15.00 fee if a payment is made over the phone with an agent.
What kind of loans can be paid using this service?
Any loan you have with Coosa Valley Credit Union may be paid using this service. This payment form cannot be used to make payments to your Coosa Valley Credit Union credit card. To make payments to your Coosa Valley Credit Union Credit Card, please click here. Note: Only regular payments can be made online, no principal only payments or payoffs.