- Vehicle Loans
- Auto Loan Resources
- Recreational Vehicles, Boats, Motorcycles & More
- VISA® Credit Card
- Vehicle Leasing
- Premium Line of Credit
- Signature Loan
- Home Equity Loans
- Automatic Loan Payment Transfers
- Community Fundraising Opportunities
Sometimes, goals and dreams require funding. At Birmingham Bloomfield Credit Union, we know how important these achievements are to you. That’s why we offer a wide range of loan services at competitive rates and terms. Whether you’re in the market for a new vehicle, different address, the convenience of a credit card, or just need extra cash, BBCU has the solution to help you meet your needs. Why? One reason: if it’s important to you, it’s important to us.
Count on very competitive rates and terms from your credit union for your vehicle loans. Make the car-buying process easy on yourself and get your loan pre-approved before you shop.
- Up to 100% financing, plus tax, title and extended warranty
- Terms to fit your budget
- Competitive Rates
- Pre-approval available
- Automatic payment option
- Optional Credit Life and Credit Disability payment protection*
- Optional Guaranteed Asset Protection (GAP)insurance*
*Insurance products sold through or in the credit union are not insured by the National Credit Union Administration and are not issued, guaranteed, or underwritten by the credit union BBCU or the National Credit Union Administration or any other federal government agency. There is no requirement or obligation to purchase insurance from the credit union or any subsidiary, affiliate, or particular unaffiliated third party as a condition to obtaining a loan, and a decision as to insurance agents will not affect the credit terms in any way. The credit union will not condition an extension of credit on an agreement not to obtain, or a prohibition on the applicant from obtaining an insurance product or annuity from an unaffiliated entity. Click for more information about Auto Loans or Apply Online Now.
- Auto Calculators – How much car can you afford? Find out here!
- Compare values on New Cars and Used Cars & other vehicles with NADA
- Free CARFAX Lemon Check
Get your motor running…There is nothing better than heading out on the open road or sailing the Great Lakes. BBCU offers loans for motorcycles, boats, campers, travel trailers, snowmobiles, jet skis, ATVs, motor homes and many other types of recreational vehicles. Apply online today!
Expect the best from BBCU. Whether you carry a balance month to month, or pay the balance monthly a Birmingham Bloomfield Credit Union credit card is convenient and easy to use. Free travel insurance is included with your Visa. You’ll save money with our low interest rates and no annual fee! Rates from 8.90% APR to 17.90% APR based on your credit worthiness when you open your account.
To report a Lost / Stolen Credit Card call 800.325.3678
Vehicle leasing (new, used, & privately owned vehicles)
Birmingham Bloomfield Credit Union is working with Credit Union Leasing of America (CULA), the nation’s largest indirect credit union leasing program to offer you an affordable vehicle lease option.
With your credit union vehicle lease you can be processed right at our main location, our branch office, or at a participating dealer. With this leasing program you’ll benefit from:
- Lower monthly payments
- Lease vehicles that are not typically leased at dealerships
- Flexibility – build your term and mileage capacity to suit your needs (up to 5 years old on some models)
- No pre-payment penalties
- Convenience – payments can be made at the credit union
- No security deposit required
- Consumer friendly Lease-end options
- Auto lease available for new, used, and privately owned vehicles
- Gap insurance included
*Leasing not available in every market/not every vehicle may be eligible for lease.
Why leasing may be smarter than buying
Credit Union Leasing of America (CULA), offers a consumer friendly lease turn in process for those approaching the end of their lease. Just contact CULA and set an appointment, no dealer required.
Click here to contact us for more information or to get started
- Find the vehicle you want
- Work the best deal out with the dealer
- Bring us the purchase order
- Click here to print this sheet and give it to the dealer
- Drive off in your new vehicle
Contact us and we’ll get you in that vehicle
Write yourself a loan whenever you need it. This is your Personal Line of Credit that can be used for what you want to use it for, whenever you need it. It also serves as an extra source of overdraft protection for your BBCU checking account. Come in to get started or apply online by clicking here.
Need cash or want to consolidate your bills? This loan may be used to pay for vacation, medical expenses, weddings, home improvements, debt consolidation, or any other worthwhile need. To view loan rates click here. Visit us or apply online to get started today.
Home Equity loans let you borrow money using the equity in your home as collateral. Unlike most other consumer loans, the interest on a home equity loan or HELOC is likely to be tax-deductible (consult your tax advisor). At Birmingham Bloomfield Credit Union, home equity loans & HELOCs feature:
- Payment terms up to 15 years on fixed rate home equities
- HELOC payments calculated at 1.75% of the balance at the time of the last advance
- Up to 80% financing of your available equity (maximum loan amount is $150,000)
- Competitive Rates
- Optional Credit Life and Credit Disability payment protection*
- No origination fee
- No application fee
*Insurance products sold through or in the credit union are not insured by the National Credit Union Administration and are not issued, guaranteed, or underwritten by the credit union or the National Credit Union Administration or any other federal government agency. There is no requirement or obligation to purchase insurance from the credit union or any subsidiary, affiliate or particular unaffiliated third party as a condition to obtaining a loan, and decision as to insurance agents will not affect credit terms in any way. The credit union will not condition an extension of credit on an agreement not to obtain, or prohibition on the applicant from obtaining an insurance product or annuity from an unaffiliated entity.
BBCU pays the closing costs on home equity & HELOC loans.
Whether you’re buying your first home or refinancing an existing one, through our Mortgage Center, we offer plenty of smart and stable products to suit your specific needs. Take advantage of our historical low interest rates while you can.
BBCU has something to fit everyone’s needs. Products include:
- 10, 15, 20 and 30 year fixed rate terms
- Right Choice Home Loan
- Home rebate program through CU Realty
Visit www.mortgagecenter.com for loan details, to compare your current payment with your potential new payment using handy calculators, to learn more about earning a rebate, or to get started with an easy and quick online form. NMLS ID# 282701
BBCU offers a payment postponement program which allows you to defer your loan payment. You may skip your December 2015 and/or January 2016 loan payment(s). You are allowed to skip two loan payments per calendar year. Rules and fees do apply. Call 248-647-5958 for more details or to print the form click here. The completed form may be faxed, mailed or hand-delivered to either Birmingham or Waterford locations.
BBCU offers automatic loan payment transfers. This service will automatically deduct BBCU loan payments from your BBCU account and transfer the payment to the loan. Take advantage of flexible options that fit your budget. You can set up monthly, bi-weekly, or weekly transfers of your loan payments. Visa account holders will receive a monthly statement and billing notice.
BBCU is proud to support community groups. We have developed a great opportunity for you to raise funds for your group, team, club, or organziation.
Community Fundraising Opportunities
Raising money with BBCU is as easy as 1, 2, 3!
1. Have an authorized representative register your group, team, club, or ogranization
2. Tell your family and friends to finance or refinance their loans at BBCU*
3. BBCU will send your group, team, club, organization a check for 0.5% of the amount of the approved and closed loan or $5.00 for each completed application.
Example: A sports team with 12 participating players bring 2 loans a piece with an average balance of $15,000 each, would receive $1,800. Imagine if you had 500 participating!
*Not valid for mortgages, home equities, lines of credit, or credit card loans. Loans subject to approval based on credit criteria and BBCU lending guidelines. Loan must remain open a minimum of 90 days to qualify. Loans paid off prior to 90 days may be subject to a penalty up to the amount of the rebate. Each loan may only be refinanced one time. Not to be used in conjunction with any other offer. Offer subject to change without notice. Current BBCU loans are excluded. All applicants must become members of BBCU, a $5.00 deposit is required for membership. Limits may apply.