LOAN APPLICATION REQUIREMENTS

1-  Completed Application Packet

      (Includes that the Addendum and Application be signed        and dated by both the Applicant and the Co-Applicant)

2-  Please include your physical address and Driver's license         number on the Application.

3-  Copy of ID (photo ID, if possible, such as a valid driver's         license, student ID, Passport, etc) *** 

4-  Verification of ALL iincome listed on the Application.

     (A copy of the latest 2 pay stubs, or if self-employed or

     receiving rental income, a copy of the prior 2 years tax

     returns.)

5-  Both Applicant and Co-Applicant must be Members of               White River Credit Union in their own right. (They must

     separate account numbers.)

6-  Completed AUTO LOAN FACT SHEET, or dealer invoice           showing the same information, for all Motor Vehicle

     and recreational Vehicle loans.

7-  Full coverage insurance, listing the White River Credit

     Union as lienholder, is required prior to the disbursal of

     the loan.  This includes all vehicle, snowmobile, ATV,

    Camper, Boat, Motorcycle, etc. loans with a balance of

    $3,000.00 and over.

8-  NOTE:    If a title is not available for a collateral loan, the White River Credit Union is required to file a UCC statement with the State of Vermont. A $ 20.00 Fee will be collected from the Applicant at the time the loan is disbursed.

Please return all these documents to:   White River Credit Union

                                                                         PO Box 419

                                                                        Rochester, VT 05767

                *** Patriot Act - our part in fighting terrorism***

The Patriot Act, a Federal law effective October 1, 2003, is one way we are asked to help the government fight the funding of terrorism and money laundering activities.  This law requires all financial institutions to obtain, verify and record information that identifies each person opening a new accout.