Democracy FCU's Business Plan to the COVID-19 Crisis

Special Offers

Member Loyalty

Get rewarded for your years of membership with us. 

At Democracy Federal Credit Union, we appreciate your business and your trust in us. Therefore, for your years of loyalty to Democracy FCU, we would like to say THANK YOU  by offering an additional discount on our already low-interest rates for signature and auto loans.*

New Member Rewards

New Democracy FCU Members have 90 days to take advantage of any two of the below offers:

  • 0.50% APR* discount on auto loans with rates as low as 2.35% APR!*
  • 0.25% APR* discount on Signature Loans with rates as low as 8.99% APR!*
  • Earn 3,000 bonus points when you spend $1,000 in the first 90 days with your Democracy FCU VISA Rewards Credit Card!*

  • VIP Members - 62+ years, or $5K-$15K combined balances or 20+ transactions per month
  • Executive Members - $15K+ in combined balances or 30+ transactions per month
  • Presidential Members - $100K+ in combined balances or 40+ transactions per month

Additional discounts include: 

Member Rewards Program

Learn More

*Loan Disclosure/Certificate Disclaimer: Cannot be used in conjunction with other promotions or discounts. Certain restrictions may apply.

HomeAdvantage Program

Let Democracy FCU Help You Find Your Next Home

. . . And a Real Estate Agent who pays Cash Rewards at closing!1

  • 20% rebate on agent commission
  • Jumbo, fixed and adjustable rate mortgages
  • FHA/VA/reverse mortgages
  • Up to $2,000 in closing costs*

Learn More

(1) Limited time offer. Additional restrictions may apply. Subject to credit approval. 

*as a lender’s credit applied to home purchases and mortgage refinances.

Debt Consolidation Loan

Take back your financial freedom with our Debt Consolidation Loan

March 1, 2020 - April 30, 2020

  • Rates as low as 7.24% APR*
  • Borrow up to $40,000*
  • Up to 84 months*

*Certain Restrictions Apply. Promotion valid March 1 – April 30, 2020. Qualified members will receive up to 2% off of the prevailing rate. Federally Insured by NCUA. New money only.



Skipping a monthly payment on your auto and/or personal loans offer you financial assistance when you need it!

Eligibility Guidelines

  • A completed Skip-A-Payment application must be received 10 days prior to the loan due date.
  • All Democracy FCU accounts must be in good standing and current; previous months payments must be completed.
  • The first three (3) payments of a new loan may not be skipped.
  • This offer applies only to automobile loans and signature (personal) installment loans.
  • This offer does not apply to loans that have been 60 or more days delinquent in the past six (6) months or modified/extended in the last 12 months.
  • Skip-A-Payment may be completed if the Overdraft Privilege amount due is within the 30 day repayment period.


Fees and Terms

  • Loan payment will differ with no penalties or late fees.
  • Interest will continue to accrue on all deferred payments and may extend the term of the loan.
  • Members with bi-weekly notes, or payments, will be able to skip two payments.
  • Payments made via payroll deduction and Automated Clearing House (ACH), will be, if needed, reversed from your loan and credited to your savings account.
  • Payments set up via Bill Pay, Online Automatic Transfer or ACH, will be the member’s responsibility to stop the payment(s) and then restart the payment (s).


To Skip-A-Pay, complete and submit the Skip-A-Pay Application


*Certain restrictions apply.